Current:Home > FinanceOregon's Dan Lanning, Indiana's Curt Cignetti pocket big bonuses after Week 11 wins -ProsperityStream Academy
Oregon's Dan Lanning, Indiana's Curt Cignetti pocket big bonuses after Week 11 wins
View
Date:2025-04-18 02:10:36
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! (5656)
Related
- US auto safety agency seeks information from Tesla on fatal Cybertruck crash and fire in Texas
- Ayo Edebiri Relatably Butchers 2024 SAG Awards Acceptance Speech
- 3 killed in Ohio small plane crash identified as father, son and family friend heading to Florida
- South Carolina primary exit polls for the 2024 GOP election: What voters said as they cast their ballots
- Michigan lawmaker who was arrested in June loses reelection bid in Republican primary
- Jodie Turner-Smith Breaks Silence on Joshua Jackson Divorce
- Must-Have Plant Accessories for Every Kind of Plant Parent
- Margot Robbie Has New Twist on Barbie With Black and Pink SAG Awards Red Carpet Look
- Chief beer officer for Yard House: A side gig that comes with a daily swig.
- Margot Robbie Has New Twist on Barbie With Black and Pink SAG Awards Red Carpet Look
Ranking
- Paige Bueckers vs. Hannah Hidalgo highlights women's basketball games to watch
- Margot Robbie Has New Twist on Barbie With Black and Pink SAG Awards Red Carpet Look
- Why AP called South Carolina for Trump: Race call explained
- Climate change may cause crisis amid important insect populations, researchers say
- Illinois Gov. Pritzker calls for sheriff to resign after Sonya Massey shooting
- Oppenheimer wins top prize at Screen Actors Guild Awards
- Shane Gillis struggles in a 'Saturday Night Live' monologue which avoids the obvious
- Florida mom describes rescue after being held captive by estranged husband: I'd been pulled from hell
Recommendation
Jury selection set for Monday for ex-politician accused of killing Las Vegas investigative reporter
From Brie Larson to Selena Gomez: The best celebrity fashion on the SAG Awards red carpet
Sarah Michelle Gellar Supports Shannen Doherty Amid Charmed Drama
Railroad Commission Approves Toxic Waste Ponds Next to Baptist Camp
Skins Game to make return to Thanksgiving week with a modern look
The One Where Jennifer Aniston Owns the 2024 Sag Awards Red Carpet
Trump is projected to win South Carolina Republican primary, beat Haley. Here are the full results.
Kelly Clarkson, Oprah Winfrey and More Stars Share Candid Thoughts on Their Weight Loss Journeys