Current:Home > ScamsDefeat of Florida increases buyout of Arkansas coach Sam Pittman by more than $5 million -GrowthInsight
Defeat of Florida increases buyout of Arkansas coach Sam Pittman by more than $5 million
View
Date:2025-04-27 12:25:35
Arkansas’ 39-36 overtime win Saturday at Florida snapped a six-game losing streak and kept the Razorbacks’ slim hopes for bowl eligibility alive for another week.
For Sam Pittman, it did something else.
With the victory against the Gators on Saturday, the Arkansas coach improved his record since the start of the 2021 college football season to 19-16, and guaranteed that he will finish the 2023 season with a mark of at least .500 dating back to the 2021 season-opener.
Because of that, if Pittman is fired without cause at the end of this season, he will be owed 75% of what he his owed on the remainder of his contract, according to the terms of his agreement with Arkansas.
Sam Pittman contract details
Pittman's win over Florida is a notable distinction that is worth millions for Arkansas.
According to the terms of Pittman's contract, obtained by the USA TODAY Network, he will be owed no less than $16.1 million if the university fires him without cause on Dec. 1, 2023. Had he fallen below the .500 win percentage threshold since the start of the 2021 season, he would have been owed only 50%, worth roughly $10.7 million. In either case, he would have to make a good-faith effort to find another job, the income of which would be subtracted from Arkansas' buyout.
Pittman is scheduled to make $6.35 million in 2023 through Dec. 31, including a $5.25 million salary that includes $500,000 in annual salary, $4.5 million in additional compensation for speaking engagements and a $250,000 bonus for winning seven games in 2022. His pay ranks him 22nd among all FBS coaches and 10th among the SEC’s 14 coaches.
At the time he signed the contract, the Razorbacks were rolling under Pittman: In 2021, Arkansas went 9-4 and defeated Penn State in the Outback Bowl to reach its highest win total in a decade. The Razorbacks followed that breakthrough campaign with a disappointing 7-6 mark in 2022, a season in which it got off to a 3-0 start and rose to No. 10 in the US LBM Coaches Poll before losing six of their final 10 games.
This season has been even more difficult, with Arkansas at 3-6 following the win against Florida. That decline has raised questions about Pittman’s job status and his future at the school as he nears the end of his fourth season at the helm.
veryGood! (2)
Related
- In ‘Nickel Boys,’ striving for a new way to see
- We Bet You'll Think About These Fascinating Taylor Swift Facts
- Kaiser Permanente workers win 21% raise over 4 years after strike
- Cricket and flag football are among five sports nearing inclusion for 2028 Los Angeles Olympics
- Taylor Swift Eras Archive site launches on singer's 35th birthday. What is it?
- The AP Interview: EU President Michel warns about spillover of Israel-Hamas war into Europe
- 'Night again. Terror again': Woman describes her life under siege in Gaza
- What to know about Elijah McClain’s death and the cases against police and paramedics
- Bill Belichick's salary at North Carolina: School releases football coach's contract details
- Malaysia will cut subsidies and tax luxury goods as it unveils a 2024 budget narrowing the deficit
Ranking
- FACT FOCUS: Inspector general’s Jan. 6 report misrepresented as proof of FBI setup
- New Hampshire man wins $1 million from $1.4 billion Powerball draw
- Our 25th Anniversary Spectacular continues with John Goodman, Jenny Slate, and more!
- Ford recalls more than 238,000 Explorers over potential rear axle bolt failure
- Bill Belichick's salary at North Carolina: School releases football coach's contract details
- Black student disciplined over hairstyle hopes to ‘start being a kid again’
- How inflation's wrath is changing the way Gen Z spends money
- Hamas 'Day of Rage' protests break out in Middle East and beyond
Recommendation
Chuck Scarborough signs off: Hoda Kotb, Al Roker tribute legendary New York anchor
Clemency denied for ex-police officer facing execution in 1995 murders of coworker, 2 others
Wisconsin Assembly passes transgender sports restrictions, gender-affirming care ban
Police look to charge 3 men after Patriots fan died following fight at Dolphins game
Trump suggestion that Egypt, Jordan absorb Palestinians from Gaza draws rejections, confusion
Ex-Illinois child welfare worker guilty of endangerment after boy beaten to death by mom
5 Things podcast: Controversy ignited over Smithsonian's Museum of the American Latino
Michelle Williams to Narrate Britney Spears' Upcoming Memoir The Woman in Me