Current:Home > MarketsRekubit-Bill Belichick's salary at North Carolina: School releases football coach's contract details -OceanicInvest
Rekubit-Bill Belichick's salary at North Carolina: School releases football coach's contract details
TrendPulse View
Date:2025-04-09 22:51:26
The RekubitUniversity 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! (19656)
Related
- Pregnant Kylie Kelce Shares Hilarious Question Her Daughter Asked Jason Kelce Amid Rising Fame
- MLB power rankings: Which team is on top for Opening Day 2024?
- A shake, then 'there was nothing there': Nearby worker details Baltimore bridge collapse
- Fast food workers are losing their jobs in California as new minimum wage law takes effect
- New data highlights 'achievement gap' for students in the US
- Unlock Your Inner Confidence With Heidi D'Amelio’s Guide to Balance and Self-Care
- Court tosses Republican Pennsylvania lawmakers’ challenge of state, federal voter access actions
- In a dark year after a deadly rampage, how a church gave Nashville's Covenant School hope
- A South Texas lawmaker’s 15
- Court tosses Republican Pennsylvania lawmakers’ challenge of state, federal voter access actions
Ranking
- Romantasy reigns on spicy BookTok: Recommendations from the internet’s favorite genre
- Unlock Your Inner Confidence With Heidi D'Amelio’s Guide to Balance and Self-Care
- Yellen says China’s rapid buildout of its green energy industry ‘distorts global prices’
- Kristen Doute's Nipple-Pinching Drama on The Valley Explained
- 'Vanderpump Rules' star DJ James Kennedy arrested on domestic violence charges
- Why did the NFL change the kickoff rule and how will it be implemented?
- Here's how to turn off your ad blocker if you're having trouble streaming March Madness
- You might spot a mountain lion in California, but attacks like the one that killed a man are rare
Recommendation
Former Danish minister for Greenland discusses Trump's push to acquire island
California Man Arrested After Allegedly Eating Leg of Person Killed by Train
Christina Applegate Battling 30 Lesions on Her Brain Amid Painful MS Journey
Reseeding the Sweet 16: March Madness power rankings of the teams left in NCAA Tournament
Tarte Shape Tape Concealer Sells Once Every 4 Seconds: Get 50% Off Before It's Gone
Earth just experienced a severe geomagnetic storm. Here's what that means – and what you can expect.
Sean 'Diddy' Combs' lawyer says rapper is innocent, calls home raids 'a witch hunt'
Here's 5 things to know about the NFL's new kickoff rule