#sports activities Clemson head football coach Dabo Swinney signs a new 10-year, $115 million contract
Clemson head football coach Dabo Swinney signs a new 10-year, $115 million contract… with the two-time nationwide title winner inking the richest deal in faculty football historical past
- Swinney will earn a median of $11.5m a 12 months, simply $200k behind Nick Saban
- He may also be eligible to earn bonuses as much as $1.5m a 12 months for successful trophies
- If Swinney leaves for an additional faculty this 12 months, he would owe a minimum of $6m again
One of the most effective faculty head coaches within the nation is a little bit richer at the moment as Dabo Swinney commits to staying at Clemson.
Swinney signed a 10-year, $115 million contract on Thursday, making that the richest contract by complete compensation in faculty football historical past.
This new contract will preserve him as head coach of the Tigers via the 2031 season, averaging $11.5 million per 12 months. That’s $1m extra a 12 months than what he at the moment makes.
By annual worth, Swinney’s contract is the second finest in faculty football, barely behind the $11.7m per 12 months Alabama head coach Nick Saban is ready to make over the size of his latest contract extension.
Clemson head coach Dabo Swinney has simply signed a 10-year, $115 million contract to remain
Swinney simply began his fifteenth season as head coach of the Tigers. He first started as an interim coach in 2008 after Tommy Bowden stepped down.
Under his management, Clemson has gained two nationwide championships and 7 ACC crowns. Swinney is at the moment third on the record of most wins by a coach of their first 15 years. His 151 wins are behind 2nd place Bob Stoops’ 160 wins and Urban Meyer’s 165 wins.
‘It is tough for me to imagine I’m in my 14th full season as your head coach, and I stay eternally grateful and honored for the chance to proceed teaching and creating younger individuals of excellence at Clemson,’ Swinney mentioned in a assertion.
‘This settlement is consultant of what has been collectively constructed right here and the success we have had each academically and athletically. It is a reflection of the All In dedication of so many individuals, together with our gamers, our workers, our followers, our administration and our University management.
‘While I’m definitely happy with our accomplishments on the sector, probably the most rewarding half stays the relationships cast inside this program and the flexibility to positively impression these round us.’
Swinney gained 2 nationwide titles with the Tigers & has an incentive laden contract if he wins extra
Swinney went to school on the University of Alabama, initially becoming a member of the football crew as a walk-on in 1989. He finally earned a scholarship and gained a nationwide title with the Crimson Tide in 1992.
After graduating, he spent seven years with the Tide teaching workers earlier than leaving for Clemson.
The phrases of Swinney’s contract state that if he leaves this season to turn into the head coach at his alma mater, he would owe Clemson a $9m buyout. That quantity drops to $6m if he left for an additional faculty crew. Both numbers lower annually the deal passes.
Swinney wouldn’t owe Clemson something if he left for the NFL.
Elsewhere on the time period sheet, Clemson would owe Swinney $64m if he’s fired with out trigger within the 2022 or 2023 season. Similarly, these numbers lower because the years go by.
Swinney may also earn bonuses for reaching the faculty football playoff and extra bonuses on high of that one for reaching the semifinals, finals, and successful the title. The most he can earn in a 12 months from bonuses is $1.5m.
In a assertion , Clemson athletic director Graham Neff deemed this large contract essential to the football program’s success.
‘I’m appreciative of the assist from the Board of Trustees to President Clements to make sure we are able to proceed to construct on a agency basis, as Clemson football and Coach Swinney’s management are a key driver for our college.
‘It is vital that Clemson proceed to put money into our football program, and guarantee our head coach is at Clemson for a lengthy, very long time. The finest is but to come back.’
He enters his fifteenth season with Clemson, after beginning as interim head coach again in 2008