Current:Home > ScamsOregon's Dan Lanning, Indiana's Curt Cignetti pocket big bonuses after Week 11 wins -TradeCircle
Oregon's Dan Lanning, Indiana's Curt Cignetti pocket big bonuses after Week 11 wins
Chainkeen Exchange View
Date:2025-04-09 17:57:28
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! (655)
Related
- Most popular books of the week: See what topped USA TODAY's bestselling books list
- Federal prosecutors charge 8 in series of beer heists at Northeast rail yards, distribution centers
- Deadline for Verizon class action lawsuit is coming soon: How to sign up for settlement
- I Had My Sephora Cart Filled for 3 Weeks Waiting for This Sale: Here’s What I Bought
- The company planning a successor to Concorde makes its first supersonic test
- Paul McCartney praises Beyoncé's magnificent version of Blackbird in new album
- Nebraska lawmakers to debate a bill on transgender students’ access to bathrooms and sports teams
- Treasurer for dozens of Ohio political campaigns accused of stealing nearly $1M from clients
- Jamie Foxx gets stitches after a glass is thrown at him during dinner in Beverly Hills
- Wawa is giving away free coffee for its 60th birthday: Here's what to know
Ranking
- Nearly half of US teens are online ‘constantly,’ Pew report finds
- New Houston Texans WR Stefon Diggs' contract reduced to one season, per reports
- Video shows Tyson's trainer wincing, spitting fluid after absorbing punches from Iron Mike
- Officer acquitted in 2020 death of Manuel Ellis resigns from new deputy job days after hiring
- Taylor Swift Eras Archive site launches on singer's 35th birthday. What is it?
- State Bar of Wisconsin agrees to change diversity definition in lawsuit settlement
- Chiefs’ Rashee Rice was driving Lamborghini in Dallas chain-reaction crash, his attorney says
- Gay rights activists call for more international pressure on Uganda over anti-gay law
Recommendation
Opinion: Gianni Infantino, FIFA sell souls and 2034 World Cup for Saudi Arabia's billions
Florida Senate president’s husband dies after falling at Utah’s Bryce Canyon park
More than 2 million Black+Decker garment steamers recalled after dozens scalded
Lily Allen says Beyoncé covering Dolly Parton's 'Jolene' is 'very weird': 'You do you'
Don't let hackers fool you with a 'scam
A Pennsylvania County Is Suing the Fossil Fuel Industry for Damages Linked to Climate Change
Tech companies want to build artificial general intelligence. But who decides when AGI is attained?
Judge rejects Trump’s First Amendment challenge to indictment in Georgia election case