A Daily Mail report on New Years Eve last year suggested is basic wage is just £1m for his first six months in charge with a further £2 million basic wage for his final twelve months in charge. His package is said to include a £2 million survival bonus meaning he will pocket another £2 million this season for keeping the Hammers in the Premier League.
While there is no relegation or particular exit clause for the 56-year-old manager he would lose the chance of a £2 million bonus in the Championship next season if the Hammers are relegated meaning it could cost the owners as little as £2 million to buy him out of his remaining contract should they want to dispense with his services in the summer.