Winning ACC, making CFP = big payday for Swinney

Winning ACC, making CFP = big payday for Swinney

Feature

Winning ACC, making CFP = big payday for Swinney

By

Clemson head coach Dabo Swinney is glad his team is one of the four teams in the College Football Playoff. Obviously, he is excited to have a chance to play for a national championship for a second straight year, but there are some monetary reasons on why he is glad as well.

With a return trip to the College Football Playoff, Swinney has already earned $700,000 in bonuses and a national championship could increase that by another $700,000. In other words, the Tigers’ head coach is in position to earn more than $1 million in bonuses for a second straight year.

Swinney’s bonuses are part of the contract he signed last April, which will pay him $4.55 million this year, including a base salary of $245,000. The contract runs through 2021 and by the end of the six-year deal, Swinney’s salary will increase to $5.65 million.

Swinney could get an additional $75,000 if the program’s APR is greater than 950 or $100,000 if it is greater than 975. He can also get an extra $200,000 if the Tigers finish in the top five in the final polls or $100,000 if they finish in the top 10.

“We have performed incredibly well since 2014, that’s the number one reason,” Clemson athletic director Dan Radakovich said after the Clemson University Board of Trustees approved Swinney’s new contract last April. “I think as we look at Coach Swinney and all of the things he and his staff has done, that has allowed us as an organization to grow. He is an integral part of that.

“We made sure we were rewarding him and keeping him in the elite level of college head football coaches in the country. I think this contract does that.”

For going 11-1 in the regular season Swinney will receive a bonus of $150,000. He will also get an additional $75,000 for making it to the ACC Championship Game and another $75,000 for winning it.

By being selected for the College Football Playoff, in which Clemson will play Ohio State in the Fiesta Bowl as one of the semifinal games, Swinney will receive $400,000 and then another $400,000 should they beat the Buckeyes and advance to the national championship game.

Should Clemson win the national championship, Swinney will get another $100,000.

The Tigers, who have now won an ACC Championship in back-to-back years for the first time since 1988, are expected to move into their new $55 million football operations center at the end of next month.

“We are excited about the opportunities and things that are moving ahead and we wanted to make sure we are doing it with Coach Swinney,” Radakovich said.

In 2017, Swinney is scheduled to make $4.8 million, $5.05 million in 2018, $5.25 million in 2019, $5.45 million in 2020 and $5.65 million in 2021.

Latest

reply
6hr

The Clemson football program added a commitment Wednesday from a key special teams player. Holden Caspersen, a class of 2021 long snapper from Roswell (Ga.) High School, announced his commitment to the Tigers (…)

More The Clemson Insider
Home