Current:Home > NewsOregon's Dan Lanning, Indiana's Curt Cignetti pocket big bonuses after Week 11 wins-InfoLens
Oregon's Dan Lanning, Indiana's Curt Cignetti pocket big bonuses after Week 11 wins
View Date:2024-12-23 14:39:21
The Oregon and Indiana football teams reached 10 wins for the season Saturday, and their head coaches are going to be rewarded handsomely.
The Ducks’ Dan Lanning achieved a goal in his agreement with the school that gives him an automatic one-year contract extension if the team wins at least 10 regular season games. The added year is currently scheduled to be worth $9.4 million — all guaranteed.
The Hoosiers’ Curt Cignetti added a $250,000 bonus, as his team became assured of hitting one of the more incentive targets in a Bowl Subdivision contract: finishing the regular season among the top six in the 18-team Big Ten Conference.
Indiana’s minimum final position in the standings was cemented before it took the field for its late-afternoon game against Michigan. On Friday night, Iowa lost to UCLA. And in an early game Saturday, Minnesota lost to Rutgers. That left 14 Big Ten teams with at least three conference losses — the number that Indiana would have had if it lost its three remaining games, beginning with its matchup against the Wolverines.
But even that worst-case scenario became moot when the Hoosiers defeated Michigan, 20-15, to clinch their first 10-win season in program history. Now, they can finish Big Ten play no worse than fourth place, outright.
UP AND DOWN: Georgia's loss leads Week 11 winners and losers
BIG TEN DEBUT:Celebrate the Ducks' season with a commemorative book
Cignetti now has $600,000 in bonuses, to go with the automatic one-year contract extension and $250,000 raise, beginning next season, that he got when Indiana became eligible for a bowl game with its sixth win. At present, the added season is scheduled to be worth $5.1 million with at least $3.3 million guaranteed.
If the Hoosiers keep winning, he could pick up another $2.7 million in bonuses. The next step would be $250,000 more if the team finishes second in the Big Ten.
Lanning’s incentive-clinching was more straightforward.
This is the second consecutive season in which he has added a year to his contract, which calls for a $200,000 pay increase annually. Under the agreement, he can get this automatic extension three times.
He and Oregon are now set to be together through Jan. 31, 2031. If the school fired him without cause, it would owe him all of the pay remaining under the deal (currently about $55 million). If Lanning decides to terminate the agreement between now and the scheduled expiration date, he would owe the school $20 million.
Lanning would get a $250,000 bonus if the Ducks reach 11 regular-season wins and $250,000 more if they reach 12. He has additional amounts available for playing in, and winning, the Big Ten championship game and/or the College Football Playoff. He also can get a bonus based on team academics.
veryGood! (11)
Related
- Britney Spears reunites with son Jayden, 18, after kids moved in with dad Kevin Federline
- Former US ambassador sentenced to 15 years in prison for serving as secret agent for Cuba
- Lisa Rinna Reveals She Dissolved Her Facial Fillers Amid Reaction to Her Appearance
- Water From Arsenic-Laced Wells Could Protect the Pine Ridge Reservation From Wildfires
- New Orleans marks with parade the 64th anniversary of 4 little girls integrating city schools
- Don't delay your Social Security claim. Here are 3 reasons why.
- These Don't Tell Mom the Babysitter's Dead Secrets Are Done, Man
- Georgia city rules that people must lock empty vehicles when guns are inside
- Georgia's humbling loss to Mississippi leads college football winners and losers for Week 11
- Can You Restore Heat Damaged Hair? Here's What Trichologists Have to Say
Ranking
- Jax Taylor Breaks Silence on Brittany Cartwright Dating His Friend Amid Their Divorce
- Hundreds of drugs are in short supply around the U.S., pharmacists warn
- 'The Golden Bachelor' divorce: Couple Gerry Turner and Theresa Nist announce split
- Drake dismissed from Astroworld lawsuit following deadly 2021 music festival
- Nicole Scherzinger receives support from 'The View' hosts after election post controversy
- Costco is selling lots of gold; should you be buying? How this gold rush impacts the market
- Hawaii says it’s safe to surf and swim in Lahaina’s coastal waters after wildfire
- Costco is selling lots of gold; should you be buying? How this gold rush impacts the market
Recommendation
-
California voters reject proposed ban on forced prison labor in any form
-
What to know about this week’s Arizona court ruling and other abortion-related developments
-
Houston hospital halts liver and kidney transplants after learning a doctor manipulated some records
-
Kato Kaelin thinks O.J. Simpson was guilty, wonders if he did penance before his death
-
Trump is likely to name a loyalist as Pentagon chief after tumultuous first term
-
A human head was found in an apartment refrigerator. The resident is charged with murder
-
O.J. Simpson's death may improve chances of victims' families collecting huge judgment, experts say
-
'The Golden Bachelor' divorce: Couple Gerry Turner and Theresa Nist announce split