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How much will Curt Cignetti earn in a new contract?
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How much will Curt Cignetti earn in a new contract?

IU football coach Curt Cignetti has agreed to a new contract with the school through 2032 that will pay him $8 million per year as well as a retention bonus of $1 per year.

Cignetti’s new contract will make him the highest-paid employee in the university’s history.

How much will Curt Cignetti earn per year?

Cignetti’s new contract pays him an average of $8 million per year. An increase from $4.5 million per year in his previous deal. He also receives a $1 million annual retention bonus.

How long does Curt Cignetti’s new contract last?

The IU coach’s new contract runs until 2032. His previous contract ran until 2029.

How much raise did Curt Cignetti get?

Cignetti signed a six-year, $27 million deal through 2029 with an annual salary starting at $4 million to become IU’s coach in December after making $555,000 during his final season at James Madison.

Where does Curt Cignetti’s contract stand in the Big Ten?

According to USA Today’s salary database for coaches, the annual salary of Cignetti’s original deal ranked 15th among the 17 Big Ten coaches who reported financial details.

Cignetti’s new annual salary puts him near the top of the conference, behind only four coaches – USC’s Lincoln Riley, OSU’s Ryan Day, Penn State’s James Franklin and Oregon’s Dan Lanning – and in the top 20 nationally.

What else is in Curt Cignetti’s new contract?

The deal also comes with further guarantees around program infrastructure and support. These guarantees will likely include commitments in the form of things like staffing levels and assistant coaching salary pools.

What did Curt Cignetti say about his new contract?

“I am beyond grateful for the tremendous commitment, trust and support of (IU) President Pam Whitten and athletics director Scott Dolson,” Cignetti said in a news release confirming his new terms. “Manette and I love Bloomington and are grateful for the way the IU community has embraced us. I look forward to leading this outstanding program and doing my part to continue the momentum for Hoosier football.”