Mike MacIntyre talks Monday after his introduction as new Colorado football coach.
Mike MacIntyre talks Monday after his introduction as new Colorado football coach. (John Leyba, The Denver Post)

Mike MacIntyre, Colorado's newly-hired football coach, had his contract approved Wednesday by the university's board of regents.

In addition to the 5-year, $10 million contract announced at Tuesday's news conference, MacIntyre can earn an additional $300,000 annually in incentives based on the off-field performance of his players.

He can earn up to $100,000 each for academic progress, welfare and development of the student-athletes and outreach, culture and reputation of his players on campus.

Additional bonuses that MacIntyre can earn include:

• $200,000 if CU plays in a non-BCS bowl game.

• $100,000 if CU plays in the Pac-12 title game.

• $250,000 if the Buffs play in a BCS bowl game.

• $750,000 if they win national championship.

• $50,000 if the Buffs win seven regular games; $25,000 more if they win eight regular season games.

• $25,000 if he is picked the Pac-12 coach of the year.

Terms of MacIntyre's buyout provisions were also decided.

If he leaves prior to completion of his contract — which includes provisions for CU moving ahead on an indoor football facility — he must pay CU $2.3 million in 2013, $1.9 million in 2014, $1.6 million in 2015, $1.3 million in 2016 and $1 million in 2017.