Maryland offensive coordinator Mike Locksley signed a four-year contract worth $500,000 in guaranteed annual compensation, according to a copy of Locksley’s contract obtained via a public records request. 

Locksley was hired Dec. 20 to replace Gary Crowton, who served as Maryland’s offensive coordinator during Coach Randy Edsall’s first season at the helm in 2011. Crowton had agreed to — but never signed — a three-year contract that paid him $500,000 in guaranteed annual compensation.  

Crowton stepped down from his role as offensive coordinator Dec. 14 and signed an agreement to become a non-tenure track faculty member in the Maryland athletics department. The deal, which expires March 13 or on the date that Crowton accepts other employment, will pay a maximum of $125,000. 

As a condition of Crowton’s agreement, he agreed “to waive any and all claims and causes of action against the University, its officers, agents and employees arising out of or related in any manner to [Crowton’s] prior services as Assistant Football Coach at the University of Maryland,” according to a copy of the deal obtained through an open records request.

The Terrapins went 2-10 this past season and owned an offense that ranked 68th in the nation in total yards per game and 89th in the nation in points per game. 

In steps Locksley, a 41-year-old former Maryland assistant (1997-2002) who was fired as New Mexico’s head coach on Sept. 25 after going 2-26. 

Locksley’s contract extends through Dec. 31, 2015. Should Locksley leave Maryland for other employment prior to the end of his contract, Locksley will owe Maryland “an amount equal to the Annual Base Salary … for the remaining portion of the term” of his agreement. Locksley’s annual base salary is $350,000. 

However, should Locksley leave Maryland for a head coaching position at another school or for a position on the staff of an NFL team after the completion of the 2013 season, the buyout clause will not apply. It also will not apply if Maryland has not offered Locksley a contract extension by Jan. 31, 2014. 

According to Locksley’s contract, he could earn a maximum of $150,000 in annual bonuses. Those bonuses depend on the graduation rate of the football program, as well as its academic performance rating. 

But there are bonuses for reaching competitive goals, as well. For instance, should Maryland rank in the top four in the ACC in total offense or scoring offense, Locksley will earn $15,000. Should the Terrapins lead the ACC in total offense or scoring offense, Locksley will earn an additional $10,000. 

Locksley, a Washington native and former Towson defensive back, has strong relationships with prospects and high school coaches throughout the region, and his contract will reward him for recruiting successes, as well. 

If Maryland places in the top 40 of the or team football recruiting rankings on National Signing Day, Locksley will earn $25,000. He will earn an additional $20,000 if the Terrapins place in the top four of ACC teams in the or rankings on National Signing Day.