The Clemson University Board of Trustees Compensation Committee approved a new contract on Friday morning that makes the Tigers’ head football coach one of the top 5 highest paid head coaches in college football. The Clemson BOT approved to pay Swinney up to $54 million over the next eight years, including signing and retention bonuses for an average of $6.75 million.
The new deal, which runs through 2024, makes Swinney the third highest paid coach in college football from an average per year standpoint, behind Alabama’s Nick Saban ($8.1 million) and Michigan’s Jim Harbaugh ($7.6 million).
Swinney, who was supposed to make $4.8 million in 2017, will now make $6 million Coming into today, Nick Saban is expected to make $11.125 million at Alabama in 2017, followed by Michigan’s Jim Harbaugh at $7 million, Ohio State’s Urban Meyer at $6 million, Penn State’s James Franklin at $5.78 million and Jimbo Fisher at $5.3 million.
Thursday marks the second straight year Swinney has received a new deal and the third time in three years. On April 12, 2016, Clemson approved a deal to pay Swinney $32.025 million over six years, including signing and retention bonuses. That at the time made Swinney the eighth highest paid head coach in college football.
Not including bonuses, Swinney was scheduled to make $4.8 million in 2017.
Swinney of course deserves to be in the conversation as college football’s highest paid head coaches. He led the Tigers’ to the 2016 National Championship thanks to a dramatic come-from-behind win over Alabama in the 2017 College Football Playoff Championship Game.
It was Clemson’s first national title in college football since 1981.
Under Swinney’s direction, the Tigers are 89-28 (.761 win percentage) since 2008, which includes six straight 10-plus win seasons, three ACC Championships, two straight berths in the College Football Playoff, two Orange Bowl victories, a Fiesta Bowl win, as well as playing in the 2016 College Football Playoff Championship Game.
Over the last six seasons, the Tigers are 70-13. The 70 wins rank second to Alabama. Only Clemson and Alabama have recorded six straight consecutive 10-win seasons.
Clemson finished No. 2 nationally at the end of the 2015 season, the third highest finish in school history. Swinney’s 2012 and 2013 teams also finished ranked inside the top 10.
The Tigers are currently ranked No. 5 heading into next Saturday’s season opener against Kent State. It marks the 25th consecutive week Clemson has been ranked inside the Associated Press Top 5, a Clemson record and the longest active streak in college football.