Current:Home > reviewsOregon's Dan Lanning, Indiana's Curt Cignetti pocket big bonuses after Week 11 wins -FundConnect
Oregon's Dan Lanning, Indiana's Curt Cignetti pocket big bonuses after Week 11 wins
View
Date:2025-04-17 12:56:01
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! (624)
Related
- Trump invites nearly all federal workers to quit now, get paid through September
- Kelly Ripa Recalls Past Marriage Challenges With “Insanely Jealous” Husband Mark Consuelos
- How documentary-style films turn conspiracy theories into a call to action
- Why some Egyptians are fuming over Netflix's Black Cleopatra
- Chuck Scarborough signs off: Hoda Kotb, Al Roker tribute legendary New York anchor
- Why Jana Kramer Believes Her Ex-Husband Would Have Cheated Forever If They Stay Married
- Have you invested in crypto on FTX or other platforms? We want to hear from you
- Israel strikes Gaza homes of Palestinian Islamic Jihad militants, killing commanders and their children
- Apple iOS 18.2: What to know about top features, including Genmoji, AI updates
- Sephora 24-Hour Flash Sale: 50% Off BeautyBio, First Aid Beauty, BareMinerals, and More
Ranking
- Friday the 13th luck? 13 past Mega Millions jackpot wins in December. See top 10 lottery prizes
- Elon Musk targets impersonators on Twitter after celebrities troll him
- Paging Devil Wears Prada Fans: Anne Hathaway’s Next Movie Takes Her Back into the Fashion World
- Today's interactive Google Doodle honors Jerry Lawson, a pioneer of modern gaming
- Federal appeals court upholds $14.25 million fine against Exxon for pollution in Texas
- How Twitter's platform helped its users, personally and professionally
- Meet The Everyday Crypto Investors Caught Up In The FTX Implosion
- Hubble's 1995 image of a star nursery was amazing. Take a look at NASA's new version
Recommendation
Opinion: Gianni Infantino, FIFA sell souls and 2034 World Cup for Saudi Arabia's billions
Just 13 Products to Help You Get Your Day Started if You Struggle to Get Up in the Morning
Why Zach Braff Wanted to Write a Movie for Incredible Ex Florence Pugh
These Are the 10 Best Strapless Bras for Every Bust Size, According to Reviewers
At site of suspected mass killings, Syrians recall horrors, hope for answers
How TikTok's High-Maintenance Beauty Trend Is Actually Low-Maintenance
Nigeria boat accident leaves 15 children dead and 25 more missing
How the gig economy inspired a cyberpunk video game