Oregon State baseball coach Mitch Canham received a significant increase in pay following a breakout 2022 season where the Beavers reached the NCAA super regionals.
Canham, finishing his third year as OSU coach in June, recently signed a five-year extension that takes him through the 2029 season. In addition, Canham received sizable increases for the remaining two years on his initial contract.
All totaled, salary for the final seven years of Canham’s contract are worth a combined $4.55 million, according to his contract received by The Oregonian/OregonLive through a public record’s request.
Canham will be paid $575,000 for the 2023 season, with $25,000 raises each year through 2029, when his salary is $725,000.
Canham’s original contract called for $375,000 in 2023 and $400,000 in 2024. The new contract gives Canham a $200,000 bump in pay for the next two years.
Pat Casey, who coached Oregon State to national titles in 2006, 2007 and 2018, was set to be paid $900,000 in 2019 when he decided to retire. Canham now ranks third among Pac-12 public school coaches, trailing UCLA’s John Savage and Oregon’s Mark Wasikowski. Stanford and USC do not disclose salaries as private schools.
Canham has numerous bonus possibilities, but most carry over from the previous contract.
The new or revised bonuses are:
- $10,000 for winning the Pac-12 tournament
- $75,000 for winning College World Series, up from $25,000
- APR academic bonus of $7,500, up from $5,000
- $15,000 for earning Pac-12 coach of the year, up from $10,000
- $25,000 for national coach of the year (coaches or writers), up from $15,000.
Bonuses remaining the same are one month’s salary for winning the Pac-12 regular season title and an NCAA tournament berth, and $15,000 each for winning the regional and super regional.
The new contract awards Canham a longevity bonus of $70,000 if he fulfills the remaining seven years.
There is a buyout provision of $750,000 if Canham leaves Oregon State before the end of the 2024 season. The buyout reduces to $500,000 for the final five years. The previous buyout was $500,000 for leaving any time before the contract’s end.