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A little more than a month after he was formally unveiled as North Carolina’s new football coach at a news conference, Bill Belichick has put pen to paper and formally signed his contract with the university.
Belichick signed the deal Wednesday and the school released it Thursday.
The longtime NFL coach, who led the New England Patriots to six Super Bowl victories over his 24-year tenure, stunned much of the football world in December when he was linked to and ultimately accepted the job with the Tar Heels. The 72-year-old has never previously coached at the college level.
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That unlikely marriage gave birth to chatter about how committed he was to North Carolina and whether he might leave quickly if an opportunity to return to the NFL arose. That speculation only intensified when it was reported that he had not yet signed his contract, though Belichick had signed a term sheet with the school.
Now that he’s contractually tethered to his new employer, what’s in the deal?
Here’s a closer look at Belichick’s contract with North Carolina:
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Bill Belichick contract details
Belichick signed a five-year contract with North Carolina, though only the first three years of the contract are guaranteed.
He’s set to earn $10 million per year in base salary, though, like many coaching contracts, it is filled with incentive-related bonuses that could significantly increase his pay if his teams excel the way North Carolina leadership hopes.
Belichick’s contract includes:
Bonuses for specific win totals, ranging from $150,000 for winning eight regular-season games to $350,000 for 12 regular-season wins.
A $200,000 bonus…
Source link : https://sports.yahoo.com/bill-belichick-formally-signs-north-220843616.html
Author : USA TODAY Sports
Publish date : 2025-01-24 22:08:00
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