close
close

Apre-salomemanzo

Breaking: Beyond Headlines!

    • Oregon’s Dan Lanning and Indiana’s Curt Cignetti earn bonuses after wins
    aecifo

    Oregon’s Dan Lanning and Indiana’s Curt Cignetti earn bonuses after wins

    Umito Posted on

    play

    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 accomplished a goal in his deal with the school that grants him an automatic one-year contract extension if the team wins at least 10 regular-season games. The extra year is currently expected to be worth $9.4 million – all guaranteed.

    THE HoosiersCurt Cignetti added a $250,000 bonus, as his team was assured of achieving one of the most incentive goals of a Bowl Subdivision contract: finishing the regular season among the top six in the Big Ten Conference at 18 teams.

    Indiana’s minimum final position in the standings was solidified before taking the field for its late afternoon game against Michigan. On Friday night, Iowa lost to UCLA. And in a first game Saturday, Minnesota lost to Rutgers. That left 14 Big Ten teams with at least three conference losses — the number Indiana would have had if it had lost its remaining three games, starting with its game against the Wolverines.

    But even that worst-case scenario became moot when the Hoosiers beat Michigan, 20-15, to post their first 10-win season in program history. Now they can finish Big Ten play no worse than fourth place, plain and simple.

    TOP AND BOTTOM: Georgia loss leads Week 11 winners and losers

    START OF BIG TEN: Celebrate the Ducks season with a commemorative book

    Cignetti now has a $600,000 bonus, to go along with the automatic one-year contract extension and $250,000 raise, starting next season, that he got when Indiana became eligible for a bowl game with his sixth victory. Right now, the added season is projected to be worth $5.1 million, with at least $3.3 million guaranteed.

    If the Hoosiers continue to win, he could earn an additional $2.7 million in bonuses. The next step would be $250,000 more if the team finishes second in the Big Ten.

    Lanning’s approach to obtaining incentives was simpler.

    This is the second straight season in which he has added a year to his contract, which includes a salary increase of $200,000 per year. Under the terms of the agreement, he can get this automatic extension three times.

    He and Oregon are now scheduled to be together until Jan. 31, 2031. If the school were to fire him without cause, it would owe him all remaining salary under the deal (currently about $55 million). If Lanning decides to terminate the deal by the scheduled expiration date, he will owe the school $20 million.

    Lanning would receive a $250,000 bonus if the Ducks reach 11 regular season wins and $250,000 more if they reach 12. He has additional money available to play in and win the Big Ten championship game and/or playoffs college football. He can also get a bonus based on the team’s results.

    Umito
    View all posts

    You Might Also Like