Current:Home > NewsOregon's Dan Lanning, Indiana's Curt Cignetti pocket big bonuses after Week 11 wins-VaTradeCoin
Oregon's Dan Lanning, Indiana's Curt Cignetti pocket big bonuses after Week 11 wins
View Date:2025-01-05 21:21:24
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! (5)
Related
- Tom Brady Admits He Screwed Up as a Dad to Kids With Bridget Moynahan and Gisele Bündchen
- Tribe and environmental groups urge Wisconsin officials to rule against relocating pipeline
- US arrests reputed Peruvian gang leader wanted for 23 killings in his home country
- Everything at Old Navy Is 40% off! Build Your Fall Fit with $20 Jeans, $7 Tops, $17 Dresses & More
- Why Suits' Gabriel Macht Needed Time Away From Harvey Specter After Finale
- Trans teens file lawsuit challenging New Hampshire law banning them from girls’ sports
- Mark Meadows tries to move his charges in Arizona’s fake electors case to federal court
- Man who pulled gun after Burger King worker wouldn’t take drugs for payment gets 143 years in prison
- 10 Trendy Bags To Bring to All of Your Holiday Plans
- Alaska State Troopers beat, stunned and used dog in violent arrest of wrong man, charges say
Ranking
- UConn, Kansas State among five women's college basketball games to watch this weekend
- Rail bridge collapses on US-Canada border
- Taylor Swift's BFF Abigail Anderson Gives Birth, Welcomes First Baby With Charles Berard
- Taylor Swift's BFF Abigail Anderson Gives Birth, Welcomes First Baby With Charles Berard
- SNL's Chloe Fineman Says Rude Elon Musk Made Her Burst Into Tears as Show Host
- Will the Cowboy State See the Light on Solar Electricity?
- After record-breaking years, migrant crossings plunge at US-Mexico border
- Woman charged with trying to defraud Elvis Presley’s family through sale of Graceland
Recommendation
-
Mississippi man charged with shooting 5 people after not being allowed into party
-
NBA schedule 2024-25: Christmas Day games include Lakers-Warriors and 76ers-Celtics
-
Eagles top Patriots in preseason: Tanner McKee leads win, pushing Kenny Pickett as backup QB
-
Zoë Kravitz Details Hurtful Decision to Move in With Dad Lenny Kravitz Amid Lisa Bonet Divorce
-
Top Federal Reserve official defends central bank’s independence in wake of Trump win
-
Horoscopes Today, August 15, 2024
-
How Volleyball Player Avery Skinner Is Approaching the 2028 LA Olympics After Silver Medal Win
-
Dennis Quaid talks political correctness in Hollywood: 'Warned to keep your mouth shut'