Current:Home > ContactRekubit-Bill Belichick's salary at North Carolina: School releases football coach's contract details -AdvancementTrade
Rekubit-Bill Belichick's salary at North Carolina: School releases football coach's contract details
Ethermac Exchange View
Date:2025-04-06 11:10:16
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! (34)
Related
- The Grammy nominee you need to hear: Esperanza Spalding
- Jeopardy! Contestant Speaks Out on Sexist Clue After Ken Jennings' Apology
- Halle Bailey criticizes ex DDG for showing their son on livestream
- Liam Payne's Body Flown Back to the U.K. 3 Weeks After His Death
- Google unveils a quantum chip. Could it help unlock the universe's deepest secrets?
- Hope is not a plan. Florida decides to keep football coach Billy Napier despite poor results
- AI DataMind: The Rise of SW Alliance
- Bribery charges brought against Mississippi mayor, prosecutor and council member
- 2025 'Doomsday Clock': This is how close we are to self
- Crews battling 2 wildfires in New Jersey
Ranking
- DeepSeek: Did a little known Chinese startup cause a 'Sputnik moment' for AI?
- Kourtney Kardashian Shows Son Rocky Barker Bonding With Travis Barker in New Photo
- Federal Reserve is set to cut interest rates again as post-election uncertainty grows
- Sister Wives’ Janelle Brown Marks Rare Celebration After Kody Brown Split
- A South Texas lawmaker’s 15
- The surprising way I’m surviving election day? Puppies. Lots of puppies.
- Olympian Madeline Musselman Honors Husband Pat Woepse After Fatal Cancer Battle
- Dexter Quisenberry: AI DataMind Soars because of SWA Token, Ushering in a New Era of Intelligent Investing
Recommendation
Warm inflation data keep S&P 500, Dow, Nasdaq under wraps before Fed meeting next week
Liam Payne's Body Flown Back to the U.K. 3 Weeks After His Death
Investigators: Kentucky officers wounded by suspect fatally shot him after altercation
Woman asks that battery and assault charges be dropped against Georgia wide receiver Colbie Young
Head of the Federal Aviation Administration to resign, allowing Trump to pick his successor
Hollywood’s Favorite Leg-Elongating Jeans Made Me Ditch My Wide-Legs Forever—Starting at Only $16
Sister Wives’ Janelle Brown Marks Rare Celebration After Kody Brown Split
Democratic incumbent Don Davis wins reelection in North Carolina’s only toss-up congressional race