Current:Home > MarketsOregon'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 10:37:19
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! (179)
Related
- Vegas Sphere reports revenue decline despite hosting UFC 306, Eagles residency
- Kate Somerville Spills the Secret to Looking Younger Instantly & It's Super Easy
- 'Excess deaths' in Gaza for next 6 months projected in first-of-its-kind effort
- Celebrated stylemaker and self-named 'geriatric starlet' Iris Apfel dies at age 102
- Disney x Lululemon Limited-Edition Collection: Shop Before It Sells Out
- Kindness across state lines: Immigrants' kids in Philly are helping migrants' kids in Texas
- L.A. Dodgers superstar Shohei Ohtani announces that he's married
- Caitlin Clark's scoring record doesn't matter. She's bigger than any number
- 1 monkey captured, 42 monkeys still on the loose after escaping research facility in SC
- U.S. Center for SafeSport needs independence and increased funding, commission says
Ranking
- Vermont man is fit to stand trial over shooting of 3 Palestinian college students
- Jax Taylor Breaks Silence on Separation From Brittany Cartwright
- Driver rescued after crashed semi dangles off Louisville bridge: She was praying
- Ultra-processed foods may raise risk of diabetes, heart disease — even early death: study
- Mike Tyson-Jake Paul: How to watch the fight, time, odds
- What is Super Tuesday? Why it matters and what to watch
- Davidson women's basketball team forfeits remainder of season because of injuries
- Americans are saving less and spending more. Could that raise the risk of recession?
Recommendation
-
Outgoing North Carolina governor grants 2 pardons, 6 commutations
-
The Smokehouse Creek Fire in the Texas Panhandle has already burned 1.1 million acres. Here are the largest wildfires in U.S. history.
-
Inter Miami vs. Orlando City: Messi relied on too much, coach fears 'significant fatigue'
-
A ship earlier hit by Yemen’s Houthi rebels sinks in the Red Sea, the first vessel lost in conflict
-
Off the Grid: Sally breaks down USA TODAY's daily crossword puzzle, 4G
-
New York man who fatally shot woman who was mistakenly driven up his driveway sentenced to 25 years to life in prison
-
Kate Somerville Spills the Secret to Looking Younger Instantly & It's Super Easy
-
U.S. Center for SafeSport needs independence and increased funding, commission says