How much will Curt Cigetti earn in new contract?

On By Littum

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 an annual retention bonus of $1.

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

The Cignetti contract sends a clear signal: IU is serious about football.

How much does Curt Cignetti make per year?

Cignetti’s new deal will pay him an average of $8 million per year. Up from $4.5 million annually in his previous deal. He will also receive an annual retention bonus of $1 million.

How long is Curt Cignetti’s new contract?

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

How big a raise did Curt Cignetti get?

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

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

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

Cignetti’s new annual salary moves him up 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 into the top 20 nationally.

What else is in Curt Cignetti’s new contract?

The agreement also comes with additional assurances around program infrastructure and support. Those insurances likely include liabilities in the form of things like personnel and assistant-coaching salary pools.

What did Curt Cigetti say about his new contract?

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