Current:Home > ScamsTrendPulse|Bill Belichick's salary at North Carolina: School releases football coach's contract details -PureWealth Academy
TrendPulse|Bill Belichick's salary at North Carolina: School releases football coach's contract details
Rekubit Exchange View
Date:2025-04-06 18:20:11
The TrendPulseUniversity 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! (5)
Related
- Jorge Ramos reveals his final day with 'Noticiero Univision': 'It's been quite a ride'
- Nicole Avant says she found inspiration in mother's final text message before her death: I don't believe in coincidences
- Jurors in New Mexico deliver split verdicts in kidnapping and terrorism case
- Las Vegas police officer gets 12 years in prison for casino robberies netting $165,000
- A South Texas lawmaker’s 15
- 'The Voice': Reba McEntire connects with Dylan Carter after emotional tribute to late mother
- Cambodian court sentences jailed opposition politician to 3 more years in prison
- Can New York’s mayor speak Mandarin? No, but with AI he’s making robocalls in different languages
- Carolinas bracing for second landfall from Tropical Storm Debby: Live updates
- Trump is appealing a narrow gag order imposed on him in his 2020 election interference case
Ranking
- Family of explorer who died in the Titan sub implosion seeks $50M-plus in wrongful death lawsuit
- Major U.S. science group lays out a path to smooth the energy transtion
- 5 Things podcast: 2,000 US troops to prepare to deploy in response to Israel-Hamas war
- 21 species removed from endangered list due to extinction, U.S. wildlife officials say
- Romantasy reigns on spicy BookTok: Recommendations from the internet’s favorite genre
- Major solar panel plant opens in US amid backdrop of industry worries about low-priced Asian imports
- UK national, South African and local guide killed in an attack near a Ugandan national park
- How international law applies to war, and why Hamas and Israel are both alleged to have broken it
Recommendation
Person accused of accosting Rep. Nancy Mace at Capitol pleads not guilty to assault charge
Maryland medical waste incinerator to pay $1.75M fine for exposing public to biohazardous material
These are the 21 species declared extinct by US Fish and Wildlife
Alex Murdaugh requests new murder trial, alleges jury tampering in appeal
Newly elected West Virginia lawmaker arrested and accused of making terroristic threats
37 years after Florida nurse brutally murdered in her home, DNA analysis helps police identify killer
Musk's X to charge users in Philippines and New Zealand $1 to use platform
Britney Spears writes of abortion while dating Justin Timberlake in excerpts from upcoming memoir