Current:Home > reviewsSafeX Pro:Bill Belichick's salary at North Carolina: School releases football coach's contract details -Thrive Success Strategies
SafeX Pro:Bill Belichick's salary at North Carolina: School releases football coach's contract details
NovaQuant Quantitative Think Tank Center View
Date:2025-04-06 19:45:33
The SafeX ProUniversity 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! (6)
Related
- Paige Bueckers vs. Hannah Hidalgo highlights women's basketball games to watch
- Air India orders a record 470 Boeing and Airbus aircrafts
- In Corpus Christi’s Hillcrest Neighborhood, Black Residents Feel Like They Are Living in a ‘Sacrifice Zone’
- Cheers Your Cosmos to the Most Fabulous Sex and the City Gift Guide
- The city of Chicago is ordered to pay nearly $80M for a police chase that killed a 10
- Missing Titanic Submersible Passes Oxygen Deadline Amid Massive Search
- Stars of Oppenheimer walk out of premiere due to actors' strike
- One officer shot dead, 2 more critically injured in Fargo; suspect also killed
- What do we know about the mysterious drones reported flying over New Jersey?
- Inside Clean Energy: In South Carolina, a Happy Compromise on Net Metering
Ranking
- Military service academies see drop in reported sexual assaults after alarming surge
- Q&A: With Climate Change-Fueled Hurricanes and Wildfire on the Horizon, a Trauma Expert Offers Ways to Protect Your Mental Health
- Microsoft vs. Google: Whose AI is better?
- How Kim Kardashian Really Feels About Hater Kourtney Kardashian Amid Feud
- Military service academies see drop in reported sexual assaults after alarming surge
- An energy crunch forces a Hungarian ballet company to move to a car factory
- Nearly 30 women are suing Olaplex, alleging products caused hair loss
- Maluma Is Officially a Silver Fox With New Salt and Pepper Hairstyle
Recommendation
Taylor Swift Eras Archive site launches on singer's 35th birthday. What is it?
Catholic Bishops in the US Largely Ignore the Pope’s Concern About Climate Change, a New Study Finds
Nearly 30 women are suing Olaplex, alleging products caused hair loss
United Airlines will no longer charge families extra to sit together on flights
Are Instagram, Facebook and WhatsApp down? Meta says most issues resolved after outages
Federal Trade Commission's request to pause Microsoft's $69 billion takeover of Activision during appeal denied by judge
Governor Roy Cooper Led North Carolina to Act on Climate Change. Will That Help Him Win a 2nd Term?
Tens of millions across U.S. continue to endure scorching temperatures: Everyone needs to take this heat seriously