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Posted: Monday June 18, 2012 1:59PM ; Updated: Monday June 18, 2012 6:00PM

Michigan State gives AD Mark Hollis a new contract

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EAST LANSING, Mich. (AP) -- Michigan State has given athletic director Mark Hollis a new contract.

The school announced Monday that Hollis' base salary will increase to $600,000 from $395,000. He'll get a "longevity payment" of $100,000 each July and is also eligible for an annual performance bonus of $50,000.

Hollis will always have a five-year deal renewing each summer to replace the contract that was to expire at the end of 2016.

Copyright 2012 Associated Press. All rights reserved. This material may not be published, broadcast, rewritten, or redistributed.

 
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