Penn State's Bill O'Brien receives 5 year deal base of $950k

Details of Bill O'Brien's contract have been released and it's a five year deal with a $950,000 base salary. Incentives push the deal to $2.3 million per season. The contract runs from 2012-2017.

Perks in the deal include: base salary of $950,000 with built-in 5% increase annually; regular executive benefits offered by University; additional compensation $1 million of from radio and television as well as $350,000 per year from Nike contract for next five years;