Official salary reports and rankings from sports financial analysts

Indiana Signs Coach Curt Cignetti to $72 Million Deal Through 2032 After 10-0 Start

Nov 16, 2024, 02:22 PM

Indiana University has agreed to a new eight-year, $72 million contract extension with football coach Curt Cignetti following the team's historic 10-0 start in his first year as head coach. The deal will pay Cignetti an average of $8 million annually, with an additional $1 million annual retention bonus, effectively more than doubling his previous salary. The contract also includes a significant increase in the salary pool for Cignetti's staff. This commitment makes him one of the highest-paid coaches in the Big Ten and the highest-paid employee in Indiana University history. Athletic Director Scott Dolson emphasized that retaining Cignetti was a priority, reflecting the university's seriousness about investing in its football program. Cignetti expressed his dedication to Indiana, stating, "We're in the emerging superpower of college football. Why would I leave?" The Hoosiers are on the verge of making the 12-team College Football Playoff, with a top-10 showdown against Ohio State next week.