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CHAPEL HILL — UNC football is making a big-time investment in Bill Belichick, who was introduced on Thursday as the Tar Heels’ next head coach.
Shortly after Belichick participated in his first press conference at Kenan Stadium, details of the 72-year-old coach’s contract were released by the university. The term sheet shows North Carolina’s commitment to spending money that puts its football coaching staff among the top-10 programs in the sport.
Belichick, who won six Super Bowl championships as head coach of the NFL’s New England Patriots, has agreed to a five-year deal, worth $10 million annually, through December 2029. The first three years are guaranteed.
Here’s a breakdown of what stands out about Belichick’s contract with the Tar Heels.
Bill Belichick’s buyout to leave UNC
The most eye-popping detail of Belichick’s contract is the buyout, which is $10 million until June 1, 2025. That’s when it drops to $1 million, raising questions about Belichick’s long-term plans in college football with the NFL all-time wins record still looming over his career. It could also prove to be a problem on the recruiting trail, with opposing coaches using Belichick’s short-term contract against UNC. Still, Belichick said several times during his introductory press conference that he “didn’t come here to leave.” He’ll be 73 when the 2025 season kicks off.
Bill Belichick’s contract compared to Mack Brown’s contract at UNC, other college football coaches
Belichick’s annual pay is double what former UNC coach Mack Brown was paid ($5 million annually). As it stands, according to the USA TODAY Sports annual salaries database, Belichick would be the sixth-highest paid college football coach at a public university for the 2025 season. Clemson’s Dabo Swinney and Florida State’s Mike Norvell are ahead…
Source link : https://sports.yahoo.com/bill-belichick-contract-salary-unc-090631697.html
Author : The Fayetteville Observer
Publish date : 2024-12-13 09:06:00
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