Indiana Coach Curt Cignetti’s Salary: What Does IU Football Pay?
Indiana football coach Curt Cignetti is cementing his future with the Hoosiers after signing a lucrative contract extension. Heading into the prestigious Rose Bowl, Cignetti’s deal reflects his success and the growing competitiveness of Indiana football.
Curt Cignetti’s Salary and Contract Details
In October, Curt Cignetti signed an eight-year deal worth $11.15 million for the first year, making him one of the highest-paid coaches in college football. This contract not only ensures his tenure in Bloomington but also raises the stakes regarding any potential departure from the program.
- Contract Value: $11.15 million for the first year
- Total Duration: Eight years
- Liquidated Damages: $15 million if he resigns within the first year
The contract includes a clause that reduces the damages by 50% if either Indiana University’s President Pam Whitten or Athletic Director Scott Dolson leave their positions. Additionally, if the Hoosiers reach the College Football Playoff semifinals, Cignetti’s compensation will be reviewed to potentially elevate him among the top-paid coaches in the nation.
Bonus Structure for Cignetti
In addition to his base salary, Cignetti’s contract features an impressive bonus structure. His maximum bonus payout can reach $3.3 million in a single season, with a current bonus of $1.9 million already secured.
- Achievements Leading to Bonuses:
- Winning six conference games: $150,000
- Big Ten Championship: $1 million
- Big Ten Coach of the Year: $50,000
- Major National Coach of the Year Award: $100,000
- Reaching the quarterfinals: $600,000
- CFP Semifinals bonus: Increased by $100,000
- National Title: Up to $2 million
Curt Cignetti’s Coaching Record
With an impressive coaching record of 143-37, Cignetti stands out in the FBS division. His current record at Indiana is 24-2, and he has not experienced a losing season in 15 years of coaching. Under his leadership, the Hoosiers achieved the second-highest number of victories in the FBS and head into the CFP with the longest active home winning streak at 15 games.
Cignetti holds program records for the most overall wins and league victories within a two-year period. His influence has been crucial to the resurgence of Indiana football, showcasing his ability to build a competitive program.
As he leads the Hoosiers into the Rose Bowl, all eyes will be on Curt Cignetti to see how his tenure continues to unfold.
