Current:Home > StocksTrendPulse Quantitative Think Tank Center-Bill Belichick's salary at North Carolina: School releases football coach's contract details -Elevate Capital Network
TrendPulse Quantitative Think Tank Center-Bill Belichick's salary at North Carolina: School releases football coach's contract details
PredictIQ Quantitative Think Tank Center View
Date:2025-04-07 09:50:27
The TrendPulse Quantitative Think Tank CenterUniversity 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! (417)
Related
- Rolling Loud 2024: Lineup, how to stream the world's largest hip hop music festival
- There's a reason 'The Bear' makes you anxious: We asked therapists to analyze Carmy
- 'American Idol' judge Luke Bryan doesn't know if he or Lionel Richie will return
- David Spade visits Kentucky fireworks stand in 'Joe Dirt' homage: Watch the moment
- 'Kraven the Hunter' spoilers! Let's dig into that twisty ending, supervillain reveal
- Joey Chestnut, the 16-time Nathan's champ, aims to pull off a remarkable feat from afar
- Jason Derulo Recalls Near-Death Experience After Breaking His Neck in the Gym
- Chet Hanks clarifies meaning of 'White Boy Summer' after release of hate speech report
- Justice Department, Louisville reach deal after probe prompted by Breonna Taylor killing
- US agency to fight invasive bass threatening humpback chub, other protected fish in Grand Canyon
Ranking
- Travis Hunter, the 2
- 'Space Cadet' star Emma Roberts on her fear of flying and her next 'thriller' movie
- Prince William Joins King Charles III and Queen Camilla for Royal Duties in Scotland
- US agency to fight invasive bass threatening humpback chub, other protected fish in Grand Canyon
- A Georgia governor’s latest work after politics: a children’s book on his cats ‘Veto’ and ‘Bill’
- Christian McCaffrey Slams Evil Influencer for Criticizing Olivia Culpo's Wedding Dress
- Nathan’s Famous Independence Day hot dog contest set for NYC — minus its usual muncher
- The Daily Money: Investors divided on Trump vs Biden
Recommendation
JoJo Siwa reflects on Candace Cameron Bure feud: 'If I saw her, I would not say hi'
Philadelphia sports radio host banned from Citizens Bank Park for 'unwelcome kiss'
Maryland OKs $50.3M contract for removal of bridge collapse debris
Cleveland officer fatally shot while trying to serve a warrant
The GOP and Kansas’ Democratic governor ousted targeted lawmakers in the state’s primary
Josh Hartnett Shares His Daughters' Adorable Reactions to Attending Taylor Swift's Eras Tour
Bunnie XO details her and Jelly Roll's plans to welcome babies via surrogate
Verdict expected for Iranian-born Norwegian man charged in deadly 2022 Oslo LGBT+ festival attack