Current:Home > reviewsOregon's Dan Lanning, Indiana's Curt Cignetti pocket big bonuses after Week 11 wins -Ascend Finance Compass
Oregon's Dan Lanning, Indiana's Curt Cignetti pocket big bonuses after Week 11 wins
View
Date:2025-04-18 00:23:10
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
- Civic engagement nonprofits say democracy needs support in between big elections. Do funders agree?
- Eagles' Tyrie Cleveland, Moro Ojomo carted off field after suffering neck injuries
- Wendy's breakfast menu gets another addition: New English muffin sandwiches debut this month
- Survey shows half of Americans have tried marijuana. See how many say they still do.
- What to watch: O Jolie night
- Hiker who died in fall from Wisconsin bluff is identified as a 42-year-old Indiana man
- Boat captain recounts harrowing rescues of children who jumped into ocean to escape Maui wildfires
- Emergency services chief on Maui resigns. He faced criticism for not activating sirens during fire
- Taylor Swift Eras Archive site launches on singer's 35th birthday. What is it?
- No death penalty for a Utah mom accused of killing her husband, then writing a kid book about death
Ranking
- Cincinnati Bengals quarterback Joe Burrow owns a $3 million Batmobile Tumbler
- IRS agent fatally shot during routine training in Phoenix
- Video game trailer reveal for 'Call of Duty: Modern Warfare III', out Nov. 10
- Will PS4 servers shut down? Here's what to know.
- Newly elected West Virginia lawmaker arrested and accused of making terroristic threats
- Would a Texas law take away workers’ water breaks? A closer look at House Bill 2127
- Video shows Nick Jonas pause concert to help a struggling fan at Boston stop on 'The Tour'
- 'Deep, dark, rich and complex': Maker's Mark to release first old bourbon in 70-year history
Recommendation
Most popular books of the week: See what topped USA TODAY's bestselling books list
Company that leaked radioactive material will build barrier to keep it away from Mississippi River
Thousands more Mauritanians are making their way to the US, thanks to a route spread on social media
Price of college football realignment: Losing seasons, stiffer competition
Can Bill Belichick turn North Carolina into a winner? At 72, he's chasing one last high
The Perfect Fall Sweater Is Only $32 and You’ll Want 1 in Every Color
Olympic champ Tori Bowie’s mental health struggles were no secret inside track’s tight-knit family
U.S. businessman serving sentence for bribery in Russia now arrested for espionage