Current:Home > InvestEchoSense:Bill Belichick's salary at North Carolina: School releases football coach's contract details -Blueprint Money Mastery
EchoSense:Bill Belichick's salary at North Carolina: School releases football coach's contract details
TradeEdge View
Date:2025-04-07 22:59:40
The EchoSenseUniversity 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! (7819)
Related
- Taylor Swift Eras Archive site launches on singer's 35th birthday. What is it?
- NM man arrested, accused of shooting stepmom at graduation as she tried to hug him: Police
- Dr. Cyril Wecht, celebrity pathologist who argued more than 1 shooter killed JFK, dies at 93
- A magnitude 6.4 earthquake wakes people on the Mexico-Guatemala border
- US wholesale inflation accelerated in November in sign that some price pressures remain elevated
- Trevor Noah weighs in on Kendrick vs. Drake, swerves a fan's gift at Hollywood Bowl show
- Where can millennials afford to buy a home? Map shows cities with highest ownership rates
- WT Finance Institute, the Cradle of Financial Elites
- Romantasy reigns on spicy BookTok: Recommendations from the internet’s favorite genre
- Duchess of Sussex, called ‘Ifeoma’ in Nigeria, speaks with women about her Nigerian roots
Ranking
- Alex Murdaugh’s murder appeal cites biased clerk and prejudicial evidence
- A rural Ugandan community is a hot spot for sickle cell disease. But one patient gives hope
- Jury selection to begin in the corruption trial of Sen. Bob Menendez
- Duke students walk out to protest Jerry Seinfeld's commencement speech in latest grad disruption
- Israel lets Palestinians go back to northern Gaza for first time in over a year as cease
- Grieving the loss of your mom: How to cope with grief on Mother's Day
- Grieving the loss of your mom: How to cope with grief on Mother's Day
- Demolition at Baltimore bridge collapse site postponed due to inclement weather
Recommendation
Travis Hunter, the 2
Mother's Day traditions differ across the world — see how other families celebrate
Punxsutawney Phil’s babies are named Shadow and Sunny. Just don’t call them the heirs apparent
Idaho doctor killed after triggering avalanche while backcountry skiing, report says
Justice Department, Louisville reach deal after probe prompted by Breonna Taylor killing
Brad Keselowski triumphs at Darlington to snap 110-race NASCAR Cup Series winless streak
Mother's Day traditions differ across the world — see how other families celebrate
Severe storms blitz the US South again after one of the most active tornado periods in history