Current:Home > StocksAlgosensey Quantitative Think Tank Center-Bill Belichick's salary at North Carolina: School releases football coach's contract details -InfinityFinance
Algosensey Quantitative Think Tank Center-Bill Belichick's salary at North Carolina: School releases football coach's contract details
TrendPulse Quantitative Think Tank Center View
Date:2025-04-10 15:58:36
The Algosensey 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! (36)
Related
- DoorDash steps up driver ID checks after traffic safety complaints
- Video shows masked man’s apparent attempt to kidnap child in NYC; suspect arrested
- The Masked Singer's Ice King Might Be a Jonas Brother
- Democrat Ruben Gallego wins Arizona US Senate race against Republican Kari Lake
- SFO's new sensory room helps neurodivergent travelers fight flying jitters
- As US Catholic bishops meet, Trump looms over their work on abortion and immigration
- Jennifer Lopez Turns Wicked Premiere Into Family Outing With 16-Year-Old Emme
- Powerball winning numbers for Nov. 9 drawing: Jackpot rises to $92 million
- US appeals court rejects Nasdaq’s diversity rules for company boards
- Nearly 80,000 pounds of Costco butter recalled for missing 'Contains Milk statement': FDA
Ranking
- Off the Grid: Sally breaks down USA TODAY's daily crossword puzzle, Hi Hi!
- Why have wildfires been erupting across the East Coast this fall?
- The NBA Cup is here. We ranked the best group stage games each night
- Richard Allen found guilty in the murders of two teens in Delphi, Indiana. What now?
- Will the 'Yellowstone' finale be the last episode? What we know about Season 6, spinoffs
- Dwayne 'The Rock' Johnson weighs in on report that he would 'pee in a bottle' on set
- Kevin Costner Shares His Honest Reaction to John Dutton's Controversial Fate on Yellowstone
- Olivia Munn Says She “Barely Knew” John Mulaney When She Got Pregnant With Their Son
Recommendation
Romantasy reigns on spicy BookTok: Recommendations from the internet’s favorite genre
Mississippi rising, Georgia falling in college football NCAA Re-Rank 1-134 after Week 11
Man accused of killing American tourist in Budapest, putting her body in suitcase: Police
New wildfires burn in US Northeast while bigger blazes rage out West
Working Well: When holidays present rude customers, taking breaks and the high road preserve peace
Lions find way to win, Bears in tough spot: Best (and worst) from NFL Week 10
Biden funded new factories and infrastructure projects, but Trump might get to cut the ribbons
Video shows masked man’s apparent attempt to kidnap child in NYC; suspect arrested