ALBUQUERQUE, N.M. (KRQE) – The University of New Mexico has revealed the compensation it will be giving out for both its new athletic director and football coach. Here is a look at their respective memorandums of understanding. Story continues below Don't Miss: Why one farmer’s Chimayo green chile is gaining fame in the final frontier Crime: Albuquerque police seek information on pair accused in deadly stabbing Community: What did New Mexico look like before the dinosaurs? Crime: Man detained after being accused of a brutal beating in Albuquerque fast food restaurant Fernando Lovo - Athletic Director Five-year employment contract Annual guaranteed compensation of $400,000 lovo-offer-sheetDownload Jason Eck - Head Football Coach Five-year employment contract Year one - $1,150,000 Year two - $1,200,000 Year three - $1,250,000 Year four - $1,300,000 Year four - $1,350,000 eck-offer-sheetDownload Of note, Eck has a buyout in place that would require him to pay the University $4 million should he leave in year one of his contract. The amount decreases significantly in the following years.