Michigan State announced Monday that Athletic Director Mark Hollis has a new contract that will increase his annual base salary from 295-thousand dollars to 600-thouand dollars. There are also incentive clauses in the agreement which is a rolling 5-year contract that will renew every July First. It’s a change from the previous fixed term Pact that was due to expire at the end of 2016. SportsBusiness Journal recently named Hollis its athletic director of the year.