Clemson Tigers head football coach Dabo Swinney agrees to new 10-year, $115 million deal

Clemson coach Dabo Swinney agreed Thursday to a new 10-year, $115 million deal, the largest college football coaching contract for total compensation.

The new, improved contract runs through the 2031 football season and averages $11.5 million over 10 years. In 2022, Swinney will earn $10.5 million, just behind Alabama coach Nick Saban, who recently received a raise and extension that will pay him $10.7 million this season.

Over the duration of his contract, which runs through 2030, Saban will earn an average of $11.7 million per year. In July, Georgia coach Kirby Smart signed a 10-year, $112.5 million contract averaging $11.2 million per year.

Swinney, Saban and Smart combined to win six of the eight national championships in the college football playoff era.

Entering his 15th season as Clemson’s head coach, beginning as interim coach in 2008, Swinney has won two national championships and seven ACC titles. With 151 wins, Swinney ranks third in FBS history with the most wins as a coach in the first 15 seasons of a head coaching career behind Urban Meyer (165) and Bob Stoops (160).

“It is hard for me to believe that I am in my 14th season as their head coach, and I am eternally grateful and honored for the opportunity to continue coaching and developing excellent young men at Clemson,” Swinney said in a statement. “This agreement is representative of what has been built collectively here and the success we have had both academically and athletically. It is a reflection of the All In commitment of so many people, including our players, our staff, our fans, our administration and our university leadership. While I am certainly proud of our accomplishments in the field, the most rewarding part continues to be the relationships forged within this program and the ability to positively impact those around us.”

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According to the term sheet, if Swinney leaves to become Alabama’s head coach in 2022, he will owe a $9 million buyout; that number is $6 million in 2022 if he leaves for another college team. I shouldn’t have anything if he leaves for an NFL head coaching job. The purchase number decreases each year of the agreement.

If Clemson fires Swinney without cause, it will owe him $64 million in 2022 and 2023; $60 million in 2024 and 2025 and $57 million in 2026. The final years would pay him whatever compensation was left on the deal.

If you are fired for cause, the full purchase would not be paid.

Among the contract incentive enhancements in his new deal, Clemson added a $150,000 bonus for an appearance at CFP, post-expansion; Semifinals ($50,000 added), Finals ($50,000 added) and Championship ($100,000 added); increased ACC’s championship bonus by $50,000 and increased his maximum bonuses from $1.05 million to $1.5 million.

“I appreciate the support of the Board of Trustees for President Clements to ensure we can continue to build on a strong foundation, as Clemson football and Coach Swinney’s leadership are a key contributor to our university,” said Athletic Director Graham Neff. it’s a statement. statement. “It is critical that Clemson continue to invest in our football program and ensure that our head coach is with Clemson for a long, long time. The best is yet to come.”

ESPN’s Adam Rittenberg contributed to this report.

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