We already had a performance based contract. It didn't work.
"4.4 Incentives
(a) SEC Championship Game. If the football team wins the SEC West division championship and plays in the SEC Championship Football Game, the University shall pay to Coach the sum of $100,000; or if the football team wins the SEC Championship Football Game, the University shall pay to Coach the sum of
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John J. Fisher, Jr./Texas A&M University Agreement Final August 16, 2018
$200,000. The payment shall be made within thirty (30) days after the conclusion of the football game.
(b) Post-Season Participation. For the football team's appearance in a post-season contest in which Coach serves as the head coach of the University's football team, within thirty (30) days after the conclusion of the applicable post-season participation, the University shall pay to Coach the applicable incentive payment based on the following:
(1) Appearance in any post-season bowl game other than the New Year's Six Games" (New Year's Six Games" being defined collectively as the Rose Bowl, the Sugar Bowl, the Cotton Bowl, the Chick-fil-A Bowl, the Orange Bowl and the Fiesta Bowl (inclusive of any successors thereto) -- $100,000; or
(2) Appearance in one of the New Year's Six Games that is not part of the post-season playoffs in that particular year, $ 200,000; or
(3) Appearance in a Collegiate Football Playoffis semi-final game, $300,000, or play in the CFP Chanmpionship game, $500,000, or win the CFP Championship, $1,000,000."
"You may all go to hell, and I will go to Aggieland!" -Davy Crockett