The dust has settled on South Carolina’s hire of Will Muschamp on Monday, and some of the details of the business side of the decision are coming out.

CoachingSearch.com is reporting that Muschamp has agreed to a 5-year deal that has a beginning salary of $3 million per season, with an escalation of $100,000 each year.

The initial buyout is set at $7 million, and will decrease by $1 million after the completion of each season, sliding down to $3 million by the time the deal is over.

According to The State, Steve Spurrier made $4 million as South Carolina’s head coach last season and no other SEC head coach at a public institution made less than $3.25 million.

Muschamp made $1.6 million as Auburn’s defensive coordinator in 2015 according to AL.com, and is still drawing money on a $6.3 million buyout that Florida owes him after his firing in 2014.