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Home / Sports / Cignetti's Contract Clause Triggers Major Salary Bump

Cignetti's Contract Clause Triggers Major Salary Bump

9 Jan

Summary

  • Coach Cignetti's contract triggers a salary review due to Indiana's CFP semi-final appearance.
  • NFL teams face high buyouts and new salaries for college coaches.
  • Marshall Faulk's contract includes a unique clause for fundraising incentives.
Cignetti's Contract Clause Triggers Major Salary Bump

Indiana's Curt Cignetti is set for a substantial salary renegotiation following the Hoosiers' unexpected advance to the College Football Playoff semifinals. His contract stipulated a review to place him among the top three highest-paid coaches if this playoff milestone was reached, a clause now activated. This success, including a stunning Rose Bowl victory, highlights a remarkable turnaround from his previous role, drawing significant viewership and donor support.

The current NFL coaching carousel, marked by numerous head coach firings, shows little inclination to poach top college talent due to prohibitive buyout clauses and salary expectations. Notre Dame's Marcus Freeman and Texas's Steve Sarkisian have affirmed their commitment to college ball. Cignetti's own $15 million buyout and projected top-tier NFL salary make him an expensive prospect for NFL teams.

In other coaching news, UNLV's Dan Mullen publicly committed to staying with the Rebels, emphasizing job satisfaction over potential financial gains, despite his substantial buyout from a previous role. At Southern University, new head coach Marshall Faulk's three-year deal includes a unique performance-based incentive tied to fundraising, with a portion of new initiatives going to him, provided the team meets academic and postseason eligibility standards.

Disclaimer: This story has been auto-aggregated and auto-summarised by a computer program. This story has not been edited or created by the Feedzop team.
His contract mandates a salary review to place him among the top three college coaches following Indiana's CFP semifinal appearance.
High buyouts and salary expectations are making it difficult for NFL teams to hire college coaches like Curt Cignetti.
Faulk's deal includes a clause where he receives a percentage of new fundraising initiatives for the football program.

Read more news on

Sportsside-arrowNotre Dame Universityside-arrowCollege Football Playoffside-arrowOU footballside-arrow
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