Current:Home > InvestBill Belichick's salary at North Carolina: School releases football coach's contract details -CapitalEdge
Bill Belichick's salary at North Carolina: School releases football coach's contract details
View
Date:2025-04-17 17:34:10
The University 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! (2527)
Related
- Appeals court scraps Nasdaq boardroom diversity rules in latest DEI setback
- Travis Hunter injury update: Colorado star left K-State game with apparent shoulder injury
- Members of the Kennedy family gather for funeral of Ethel Kennedy
- Sabrina Ionescu shows everyone can use a mentor. WNBA stars help girls to dream big
- What to watch: O Jolie night
- Sabrina Ionescu shows everyone can use a mentor. WNBA stars help girls to dream big
- Sean 'Diddy' Combs accuser says 'clout chasing' is why her lawyers withdrew from case
- Horoscopes Today, October 13, 2024
- Federal Spending Freeze Could Have Widespread Impact on Environment, Emergency Management
- Indigenous Peoples Day celebrated with an eye on the election
Ranking
- How to watch new prequel series 'Dexter: Original Sin': Premiere date, cast, streaming
- Back to the hot seat? Jaguars undermine Doug Pederson's job security with 'a lot of quit'
- CFP bracket projection: Texas stays on top, Oregon moves up and LSU returns to playoff
- Blue Jackets, mourning death of Johnny Gaudreau, will pay tribute at home opener
- California DMV apologizes for license plate that some say mocks Oct. 7 attack on Israel
- Kamala Harris, Donald Trump face off on 'Family Feud' in 'SNL' cold open
- Will Freddie Freeman play in NLCS Game 2? Latest injury updates on Dodgers first baseman
- Inside LSU football's wild comeback that will change Brian Kelly's tenure (Or maybe not.)
Recommendation
Arkansas State Police probe death of woman found after officer
Four Downs: Oregon defeats Ohio State as Dan Lanning finally gets his big-game win
Feel Your Best: Body Care Products to Elevate Your Routine
Cardi B Reveals What Her Old Stripper Name Used to Be
New Zealand official reverses visa refusal for US conservative influencer Candace Owens
Cleaning up after Milton: Floridians survey billions in damage, many still without power
How child care costs became the 'kitchen table issue' for parents this election season
Wisconsin officials require burning permits in 13 counties as dry conditions continue