Current:Home > StocksWill Sage Astor-Bill Belichick's salary at North Carolina: School releases football coach's contract details -USAMarket
Will Sage Astor-Bill Belichick's salary at North Carolina: School releases football coach's contract details
Surpassing Quant Think Tank Center View
Date:2025-04-06 08:57:21
The Will Sage AstorUniversity 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! (3969)
Related
- Paige Bueckers vs. Hannah Hidalgo highlights women's basketball games to watch
- Virginia state art museum returns 44 pieces authorities determined were stolen or looted
- Special counsel previews trial roadmap in federal 2020 election case against Trump
- UN climate talks near end of first week with progress on some fronts, but fossil fuels lurk
- At site of suspected mass killings, Syrians recall horrors, hope for answers
- Republican prosecutor will appeal judge’s ruling invalidating Wisconsin’s 174-year-old abortion ban
- Viral video of manatee's living conditions feels like a 'gut punch,' sparks relocation from Florida facility
- Facebook parent sued by New Mexico alleging it has failed to shield children from predators
- Meet the volunteers risking their lives to deliver Christmas gifts to children in Haiti
- Live updates | Dire humanitarian conditions in Gaza grow worse as Israel widens its offensive
Ranking
- Can Bill Belichick turn North Carolina into a winner? At 72, he's chasing one last high
- In a Rush to Shop for a Last-Minute Gift Exchange? These White Elephant Gifts Ship Quickly
- These families trusted a funeral home. Their loved ones were left to rot, authorities say.
- Massachusetts woman wins $25 million scratch-off game 17 years after winning $1 million
- Jorge Ramos reveals his final day with 'Noticiero Univision': 'It's been quite a ride'
- Norman Lear, Who Made Funny Sitcoms About Serious Topics, Dies At 101
- California inmate charged with attempted murder in attack on Kristin Smart’s killer
- U.S. charges Russian soldiers with war crimes for allegedly torturing American in Ukraine
Recommendation
As Trump Enters Office, a Ripe Oil and Gas Target Appears: An Alabama National Forest
In a Rush to Shop for a Last-Minute Gift Exchange? These White Elephant Gifts Ship Quickly
Mega Millions winning numbers for Dec. 5 drawing; Jackpot now at $395 million
Hilary Duff Just Can't Help Going Overboard for the Holidays
Military service academies see drop in reported sexual assaults after alarming surge
Google ups the stakes in AI race with Gemini, a technology trained to behave more like humans
Under Putin, the uber-wealthy Russians known as ‘oligarchs’ are still rich but far less powerful
Serial killer's widow admits her role in British student's rape and murder: I was bait