Current:Home > StocksOregon's Dan Lanning, Indiana's Curt Cignetti pocket big bonuses after Week 11 wins -Secure Growth Academy
Oregon's Dan Lanning, Indiana's Curt Cignetti pocket big bonuses after Week 11 wins
View
Date:2025-04-17 13:14:36
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! (5772)
Related
- Alex Murdaugh’s murder appeal cites biased clerk and prejudicial evidence
- Why Travis Kelce Was MIA From Taylor Swift’s First Eras Tour Stop in Argentina
- Andre Iguodala named acting executive director of National Basketball Players Association
- Colorado legislature will convene to address skyrocketing property costs
- Military service academies see drop in reported sexual assaults after alarming surge
- Former New Mexico State basketball players charged with sexual assault
- Time to make the doughnuts? Krispy Kreme may expand McDonald's partnership
- RHOBH's Crystal Kung Minkoff Says These Real Housewives Were Rude at BravoCon
- Paula Abdul settles lawsuit with former 'So You Think You Can Dance' co
- Historic: NWSL signs largest broadcast deal in women's sports, adds additional TV partners
Ranking
- Selena Gomez engaged to Benny Blanco after 1 year together: 'Forever begins now'
- Puerto Rico declares flu epidemic with 42 deaths, over 900 hospitalizations
- US 'drowning in mass shootings': Judge denies bail to Cornell student Patrick Dai
- Independent inquiry launched into shipwreck off Greece that left hundreds of migrants feared dead
- The Super Bowl could end in a 'three
- Arkansas man receives the world's first whole eye transplant plus a new face
- 16 Amazing Sales Happening This Weekend You'll Regret Missing
- Mexico City prosecutors accused of asking for phone records of prominent politicians
Recommendation
Meta donates $1 million to Trump’s inauguration fund
Man who narrowly survived electrical accident receives world's first eye transplant
Tensions between Dominican Republic and Haiti flare after a brief armed standoff at the border
CBS News poll finds Republican voters want to hear about lowering inflation, not abortion or Trump
Hackers hit Rhode Island benefits system in major cyberattack. Personal data could be released soon
Home and Away Actor Johnny Ruffo Dead at 35
Former New Mexico State players charged with sex crimes in locker-room hazing case
Blinken says ‘far too many’ Palestinians have died as Israel wages relentless war on Hamas