Sherrone Moore's contract details have been released after operating on a memorandum of understanding since being named Michigan football head coach on Jan. 27.

The Free Press on Monday obtained a copy of Moore's deal through an open records request and found the Wolverines' first-year coach signed a five-year deal worth at least $5.5 million per year, plus bonuses. The agreement is largely the same as the outline he originally agreed to.

Here's a breakdown of Moore's contract and salary with Michigan.

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Sherrone Moore salary, contract details with Michigan football

The contract runs from January 27, 2024 until January 31, 2029, with bonuses on the table for playing in the Big Ten championship ($250,000), winning the Big Ten championship ($500,000), CFP first-round appearance or bye with top-four finish ($200,000), CFP quarterfinal appearance ($300,000), CFP semifinal appearance ($500,000), national championship appearance ($750,00) or national championship victory ($1,000,000).

There's also a bonus for Big Ten Coach of the Year ($50,000) or National Coach of the Year ($75,000). The deal puts Moore in the middle of the Big Ten in total compensation, equivalent to Nebraska's Matt Rhule and Maryland's Mike Locksley.

Moore’s contract was finalized last week when it was signed by Moore as well as Michigan athletic director Warde Manuel on Sept. 6, then by president Santa Ono days later on Sept. 10.

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Sherrone Moore contract key clause on firing with cause

There are also some key provisions in Moore's contract which were not previously in former coach Jim Harbaugh's agreement. It is standard operating procedure that coaches can get fired without cause, but the university would pay a buyout. That's the case with Moore.

Now, should Moore choose to leave his contract early for any reason, he would have to pay back a lump sum to the university, would would be $5 million in Year 1 with the buyout to go down by one million per year.

However, there's a section in the contract titled "NCAA, Big Ten and University Rules and Regulations," which deals with firings for cause. This reads, in part:

"If the NCAA, the conference or the University determines that the Head Coach violated any of the Governing Rules, whether while employed by the University or during prior employment a another NCAA member institution, in addition to disciplinary or corrective action that may be taken directly by the university in accordance with its polices, the Head Coach shall be subject to disciplinary or corrective action as set forth in the provisions of the NCAA infractions program process, the applicable provisions of the Governing Rules and/or this Agreement," the contract reads. "The Head Coach may be suspended for a period of time, without pay or the employment of the Head Coach may be terminated.

"Notwithstanding the foregoing, a violation of the Governing Rules which occurred prior to the Effective Date, to the extent the University had actual knowledge of the facts or alleged facts that are the basis for the violation prior to the execution of theAgreement by all parties, shall not be deemed a basis for termination with cause."

If Michigan doesn't already know about something as it pertains to the current sign-stealing investigation, it cannot fire Moore for cause related to that investigation. That was believed to be part of the hang-up, with Moore not signing until he had spent nearly eight months on the job.

Moore was reportedly one of seven members from last year's team accused of violating NCAA rules in a draft Notice of Allegations given to the university, according to ESPN. Moore allegedly deleted 52 text messages with former staffer Connor Stalions for which Moore could face a show-cause penalty and possibly a suspension.

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Moore was suspended in Week 1 of the 2023 season after an investigation into recruiting improprieties during a COVID-19 dead period. U-M reached a negotiated resolution with the NCAA on the matter and is on probation for three years.

If Michigan opts to fire Moore without cause at any point during the agreement, the program will have to pay him 75% of his remaining salary.

Here is the Sherrone Moore-Michigan contract agreement document:

This article originally appeared on Detroit Free Press: Sherrone Moore contract details with Michigan includes key clauses