Archie Miller's first contract as Indiana basketball coach, worth at least $24 million, includes incentives and bonuses that could see Miller paid more than any IU coach in history.

It could also install him as the highest-paid employee in the state of Indiana, depending upon bonus performance compared to Purdue football coach Jeff Brohm.

Obtained via records request by IndyStar, the contract — which took effective March 25 and runs through March 2024 — will pay Miller an average of $3.35 million per year. Given his program's performance on the court, in the classroom and even in scheduling, that number could rise above $4 million, thanks to more than $1 million in potential bonuses.

Miller's guaranteed compensation, which is comprised of yearly base pay ($550,000), outside, marketing and promotional income ($1.65-1.95 million annually) and deferred compensation ($1 million annually) immediately makes him one of college basketball's 10 highest-paid coaches.

Outside, marketing and promotional income will start at $1.65 million this season, and increase automatically each year by $50,000 through the life of the contract.