Current:Home > ContactOregon's Dan Lanning, Indiana's Curt Cignetti pocket big bonuses after Week 11 wins -CapitalCourse
Oregon's Dan Lanning, Indiana's Curt Cignetti pocket big bonuses after Week 11 wins
View
Date:2025-04-12 01:46:33
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! (415)
Related
- 'Vanderpump Rules' star DJ James Kennedy arrested on domestic violence charges
- State Medicaid offices target dead people’s homes to recoup their health care costs
- Kim Kardashian Appears to Joke About Finding Kate Middleton Amid Photo Controversy
- Cara Delevingne's LA home, featured in Architectural Digest tour, consumed by 'heavy' fire
- 'No Good Deed': Who's the killer in the Netflix comedy? And will there be a Season 2?
- A new front opens over South Dakota ballot initiatives: withdrawing signatures from petitions
- Judge mulls third contempt case against Arizona for failing to improve prison health care
- The Daily Money: Do you hoard credit-card perks?
- Trump issues order to ban transgender troops from serving openly in the military
- Supreme Court lays out new test for determining when public officials can be sued for blocking users on social media
Ranking
- Where will Elmo go? HBO moves away from 'Sesame Street'
- Cable TV providers must offer clear pricing totals for video subscriptions, FCC rules
- The 10 Best Backless Bras That Stay Hidden and *Actually* Give You Support
- 11-foot, 750-pound blind alligator seized from Hamburg, NY, home, gator used as attraction
- Who's hosting 'Saturday Night Live' tonight? Musical guest, how to watch Dec. 14 episode
- Target is pulling back on self-checkout, limiting service to people with 10 items or fewer
- Weekly ski trip turns into overnight ordeal when about 50 women get stranded in bus during snowstorm
- DeSantis signs bills that he says will keep immigrants living in the US illegally from Florida
Recommendation
Average rate on 30
Michigan suspends defensive line coach Gregg Scruggs following drunk driving arrest
Interest in TikTok, distressed NY bank has echoes of Mnuchin’s pre-Trump investment playbook
Donald Trump wanted trial delays, and he’s getting them. Hush-money case is latest to be put off
Taylor Swift Eras Archive site launches on singer's 35th birthday. What is it?
Bracketology: Fight for last No. 1 seed down to Tennessee, North Carolina, Arizona
Deion Sanders makes grand appearance on `The Tonight Show' with Jimmy Fallon
Boeing 737 Max engine issue will take up to a year to fix, company tells lawmakers