Pay rise and release clause in new Kovac contract | OneFootball

On Tuesday, Borussia Dortmund announced the contract extension with coach Niko Kovac. The 53-year-old football coach, who took the helm in February and led BVB from mid-table to the Champions League, signed a new contract dated until June 30, 2027 – including a salary increase and a special clause for early termination.

According to "Bild," Kovac will now earn around 4.5 million euros per year instead of 3.5 million euros. A substantial amount, which can increase further with great successes. For securing Champions League qualification, the BVB coach received a bonus of 750,000 euros and is likely to earn similarly for future qualifications to the top league.

If BVB becomes the champion, a special payment of more than one million euros would be added to the salary. Similar agreements are likely for winning the DFB-Pokal and the Champions League.

Severance Pay Due Immediately Upon Dismissal

Like the previous contract, Kovac's new agreement includes a so-called fire or dismissal clause. If BVB wants to part ways with the native Berliner, a one-time payment would be due immediately, and Kovac would be free to join a new club.

The exact amount of the severance pay is not known in detail but is likely to be based on the previous agreement. If BVB had missed the Champions League, two-thirds of Kovac's remaining salary until the end of the contract would have been due. In the case of a dismissal well before the contract ends in 2027, it could become very costly for Borussia.

This article was translated into English by Artificial Intelligence. You can read the original version in 🇩🇪 here.