Current:Home > StocksSignalHub-Bill Belichick's salary at North Carolina: School releases football coach's contract details -Blueprint Money Mastery
SignalHub-Bill Belichick's salary at North Carolina: School releases football coach's contract details
Charles Langston View
Date:2025-04-07 18:18:23
The SignalHubUniversity 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! (577)
Related
- Bill Belichick's salary at North Carolina: School releases football coach's contract details
- Off the Grid: Sally breaks down USA TODAY's daily crossword puzzle, As It Stands
- Florida ballot measures would legalize marijuana and protect abortion rights
- Home Depot founder Bernard Marcus, Trump supporter and Republican megadonor, has died
- Tarte Shape Tape Concealer Sells Once Every 4 Seconds: Get 50% Off Before It's Gone
- Queen Camilla Withdraws From Public Engagements Due to Chest Infection
- Republican Mike Braun faces Republican-turned-Democrat Jennifer McCormick in Indiana governor’s race
- North Carolina’s top lawyer and No. 2 executive are vying for governor
- See you latte: Starbucks plans to cut 30% of its menu
- Tim Walz’s Family Guide: Meet the Family of Kamala Harris’ Running Mate
Ranking
- Former Danish minister for Greenland discusses Trump's push to acquire island
- The Daily Money: Your Election Day roundup
- These Oprah’s Favorite Things Are Major Sell-Out Risks: Don’t Miss Your Chance!
- Nebraska adds former coach Dana Holgorsen as offensive analyst, per report
- Jamie Foxx reps say actor was hit in face by a glass at birthday dinner, needed stitches
- Hugh Jackman roasts Ryan Reynolds after Martha Stewart declares the actor 'isn't funny'
- These farm country voters wish presidential candidates paid them more attention
- Prince William Reveals the Question His Kids Ask Him the Most During Trip to South Africa
Recommendation
Small twin
The Nissan Versa is the cheapest new car in America, and it just got more expensive
How tough is Saints' open coaching job? A closer look at New Orleans' imposing landscape
Za'Darius Smith trade grades: Who won deal between Lions, Browns?
Paige Bueckers vs. Hannah Hidalgo highlights women's basketball games to watch
Illinois Democrats look to defend congressional seats across the state
First Family Secret Service Code Names Revealed for the Trumps, Bidens, Obamas and More
Queen Camilla Withdraws From Public Engagements Due to Chest Infection