Current:Home > MarketsPredictIQ-Oregon's Dan Lanning, Indiana's Curt Cignetti pocket big bonuses after Week 11 wins -Capitatum
PredictIQ-Oregon's Dan Lanning, Indiana's Curt Cignetti pocket big bonuses after Week 11 wins
Poinbank Exchange View
Date:2025-04-05 23:25:20
The PredictIQOregon 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! (717)
Related
- Juan Soto to be introduced by Mets at Citi Field after striking record $765 million, 15
- Girlfriend of Surfer Who Died in Mexico Shares Their Touching Text Messages on Signs After Loss
- Missouri Legislature faces 6 p.m. deadline to pass multibillion-dollar budget
- Has Bud Light survived the boycott? Year after influencer backlash, positive signs emerge
- Will the 'Yellowstone' finale be the last episode? What we know about Season 6, spinoffs
- Virginia budget leaders reach compromise with governor on state spending plan
- AP Indianapolis newsman Ken Kusmer dies at 65 after a short illness
- A look at the growing trend of women becoming single parents by choice
- Charges tied to China weigh on GM in Q4, but profit and revenue top expectations
- Chilling details emerge about alleged killer of Australian and U.S. surfers in Mexico
Ranking
- Intel's stock did something it hasn't done since 2022
- Carmelo Hayes is ready to prove his star power on WWE roster: 'Time to make a statement'
- Justin Bieber's Mom Pattie Mallette Shares Heartwarming Video Celebrating Hailey Bieber's Pregnancy
- US pledges money and other aid to help track and contain bird flu on dairy farms
- Trump suggestion that Egypt, Jordan absorb Palestinians from Gaza draws rejections, confusion
- As mental health issues plague Asian American communities, some fight silence around issue
- ‘Lord of the Rings: The Hunt for Gollum’ in development with Andy Serkis to direct and star
- Judge approves conservatorship for Beach Boys' Brian Wilson
Recommendation
Off the Grid: Sally breaks down USA TODAY's daily crossword puzzle, Triathlon
Trump demands mistrial after damaging Stormy Daniels testimony | The Excerpt
Missouri Legislature faces 6 p.m. deadline to pass multibillion-dollar budget
When could you see the northern lights? Aurora forecast for over a dozen states this weekend
Skins Game to make return to Thanksgiving week with a modern look
Prince Harry, Duchess Meghan visit school children as part of first trip to Nigeria
Apple apologizes for iPad Pro Crush! commercial after online criticism
Police dismantle pro-Palestinian encampment at MIT, move to clear Philadelphia and Arizona protests