Current:Home > MyAlgosensey|Bill Belichick's salary at North Carolina: School releases football coach's contract details -GrowthInsight
Algosensey|Bill Belichick's salary at North Carolina: School releases football coach's contract details
TradeEdge Exchange View
Date:2025-04-05 22:18:11
The AlgosenseyUniversity of North Carolina has agreed to pay new football coach Bill Belichick $10 million a year, according to a term sheet the university released Thursday afternoon.
While the agreement is for five years, only the first three years’ pay is guaranteed in case Belichick is fired without cause.
The annual pay figure is double what North Carolina had been paying recently fired coach Mack Brown. It would make Belichick the sixth-highest paid college football coach at a public school for the 2025 football season, according to the USA TODAY Sports annual salaries database and contracts obtained through open-records requests.
Among coaches at public schools, Belichick will trail Georgia’s Kirby Smart, Clemson’s Dabo Swinney, Texas' Steve Sarkisian, Florida State's Mike Norvell and Alabama's Kalen DeBoer. Southern California’s Lincoln Riley was paid $10,043,418 during the 2022 calendar year, according to the university’s most recently available tax records – the only documents available because USC is a private school.
Belichick’s deal also provides him with a $100,000 expense annual expense account and the possibility of getting $3.5 million a year in bonuses. Among the bonuses, a total of $250,000 looks to be routinely attainable: $150,000 for the team playing in a non-CFP bowl game, which generally requires a record of at least 6-6 (UNC's record this season), and $100,000 for the team having a single-year NCAA Academic Progress Rate figure of 950 to 969 (the team has exceeded 950 in each of the past three years).
In addition, the term sheet says North Carolina will provide:
--$10 million as an "assistant coach salary pool." (This season, UNC is paying nearly $7.4 to its 10 primary assistants, according to information obtained from the school by USA TODAY Sports. The NCAA Division I Council this past summer eliminated its 10-person limit on the number on-field assistant coaches at schools other than service academies.)
--$1 million for strength and conditioning staff.
--$5.3 million for support staff, including funding for a new general manager position with pay "not to exceed $1.5 million." During a news conference Thursday, Belichick said that role will be taken by Mike Lombardi, a former NFL executive. Alabama GM Courtney Morgan is due to make $825,000 next season.
--$13 million as what the term sheet called "revenue sharing.” This is presumably a figure that represents the total amount of money the university plans to pay to football players as consideration for the use of their name, image and likeness if a federal judge grants final approval in April to the proposed settlement of antitrust lawsuits against the NCAA and the Power Five conferences.
So far, North Carolina is the first school to publicly disclose as part of a coach's employment terms the amount it intends to provide football players for their NIL rights.
Under the settement's terms, schools are expected to be allowed to pay their athletes, across all sports, $20 million to $23 million for their NIL rights.
(This story was updated with new information.)
Disclaimer: The copyright of this article belongs to the original author. Reposting this article is solely for the purpose of information dissemination and does not constitute any investment advice. If there is any infringement, please contact us immediately. We will make corrections or deletions as necessary. Thank you.
veryGood! (15959)
Related
- Trump suggestion that Egypt, Jordan absorb Palestinians from Gaza draws rejections, confusion
- Richard Branson's Virgin Orbit to cut 85% of its workforce
- U.S. troops diagnosed with traumatic brain injuries after attacks in Syria
- Penn Badgley Teases the Future of You After Season 4
- Apple iOS 18.2: What to know about top features, including Genmoji, AI updates
- Don't Know What to Pack for a Staycation? Here Are 12 Essentials You Need for the Perfect Weekend Away
- Amsterdam warns British tourists planning messy trips to get trashed to simply stay away
- Vanderpump Rules' Ariana Madix Encourages Raquel Leviss to Make Mistakes in Must-See Preview
- Warm inflation data keep S&P 500, Dow, Nasdaq under wraps before Fed meeting next week
- Facebook Researchers Say They Can Detect Deepfakes And Where They Came From
Ranking
- Intellectuals vs. The Internet
- Biden's Plan To Reduce Shortages Of Products That Are Critical For National Security
- Oscar Pistorius denied parole a decade after murdering girlfriend Reeva Steenkamp in South Africa
- Tom Brady Has the Purrfect Response to Rumors of His NFL Return
- Louvre will undergo expansion and restoration project, Macron says
- Jason Sudeikis Teases Ted Lasso's Future Beyond Season 3
- 2023 Coachella & Stagecoach Packing Guide: Shop Sneakers, Boots & Sandals That Are Trendy & Comfortable
- Silvio Berlusconi, controversial former prime minister of Italy, reportedly in intensive care
Recommendation
Dick Vitale announces he is cancer free: 'Santa Claus came early'
19 Women-Founded Clothing Brands To Shop During Women's History Month & Every Month
2 dead, girl injured as hot air balloon catches fire outside of Mexico City
How That Iconic Taylor Swift Moment Happened in the You Season 4 Finale
US wholesale inflation accelerated in November in sign that some price pressures remain elevated
Fake photos of Pope Francis in a puffer jacket go viral, highlighting the power and peril of AI
King Charles III visits Germany on first foreign trip as Britain's monarch
All the Winning History-Making Moments Women Had This Year