New contract places Swinney in top ten nationally


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Swinney's new contract places him second in the ACC
Swinney's new contract places him second in the ACC

CLEMSON – The Clemson University Board of Trustees approved a new contract for head coach Dabo Swinney during a meeting Tuesday morning, guaranteeing that Swinney will be among the highest-paid coaches in all of college football and the second-highest in the Atlantic Coast Conference behind Florida St.’s Jimbo Fisher.

Swinney, 46, has guided Clemson to a 75-27 record in seven-plus seasons as coach, including a 47-14 record against ACC foes. Hired after serving as the Tigers' interim coach midway through the 2008 season, Swinney signed an eight-year contract in January 2014 that pays him about $3.3 million. That deal included a raise of more than $1.1 million and runs through the 2021 season.

“This new contract was important for us not only for what Dabo has accomplished in his eight seasons here but for what we know the program will continue to achieve – both on and off the field – for the foreseeable future,” Director of Athletics Dan Radakovich said in a release.

The Board of Trustees approved a new contract Tuesday that will run six years and average $5,125,000 per year. The contract starts with a base salary of $245,000 with a supplemental income of $3,505,000 and a licensing fee of $800,000 in 2016 and escalates each year until it reaches a total of $5,650,000 in 2021. There is also a $1 million retention clause in the contract - $600,000 will be payable January 1, 2019 and $400,000 on January 1, 2021.

Year	Base		Supplemental	Licensing	Total
2016	245,000		3,505,000	800,000		4,550,000
*Annual compensation amount shown for 2016 to be adjusted pro-rata for remainder of year
2017	245,000		3,755,000	800,000		4,800,000
2018	245,000		4,005,000	800,000		5,050,000
2019	245,000		4,205,000	800,000		5,250,000
2020	245,000		4,405,000	800,000		5,450,000
2021	245,000		4,605,000	800,000		5,650,000

“I’m excited and thankful for the opportunity to do what I love at such a great institution,” Swinney said. “We’ve built a solid foundation of success and will continue to work toward our goals of preparing young men for their future and being successful in everything we do.”

Swinney’s contract puts him in the top ten of college coaches nationally

1. Nick Saban, Alabama – $7,087,481

2. Jim Harbaugh, Michigan – $7,004,000
3. Urban Meyer, Ohio State – $5,860,000
4. Bob Stoops, Oklahoma – $5,400,000
5. Jimbo Fisher, Florida State – $5,150,000
6. Charlie Strong, Texas – $5,100,270
7. Kevin Sumlin, Texas A&M – $5,000,000
8. James Franklin, Penn State – $4,400,000
9. Les Miles, LSU – $4,385,567
10. Hugh Freeze, Mississippi – $4,310,000

Check back for further updates and quotes from Clemson athletic director Dan Radakovich.


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Subject (Replies: 27) Author
spacer New Story: New contract places Swinney in top ten nationally
TigerNet News
spacer Re: New Story: New contract places Swinney in top ten nationally
deroberts
spacer It's possible that he took a raise and moved other money
ChemETiger97
spacer Re: New Story: New contract places Swinney in top ten nationally
Anonymous08®
spacer ^^^This is a huge reason for CDS success.
JohnFBell®
spacer He's only 300K from being 4th on the list...
Caddie
spacer Re: He's only 300K from being 4th on the list...
Anonymous08®
spacer Funny really, considering he's beaten 2, 3 and 4 on the list
ClemsonMike830
spacer 1-5 have all won national titles with the exception of
TigersAndCubs
spacer So he cut his contract back a year from the original 8 year
Curtis_C_Flush
spacer Yeah I'm sure that's exactly what's going on here. SMH***
TigersAndCubs
spacer Re: New Story: New contract places Swinney in top ten nationally
tiger tooth
spacer Re: New Story: New contract places Swinney in top ten nationally
Lostlocal
spacer James Franklin is pimping Penn State.
Tiger2013
spacer was thinking the same when I saw how high he was on list.***
JohnFBell®
spacer Re: James Franklin is pimping Penn State.
Anonymous08®
spacer He probably wouldn't go unless they did shave off the hip,
ArmyRanger28®
spacer Re: New Story: New contract places Swinney in top ten nationally
89tiger
spacer Re: New Story: New contract places Swinney in top ten nationally
truetiger1998
spacer 'WHY ARE WE PAYING HIM SO MUCH?
ClemsonTiger1988®
spacer Maybe it's just me but some coaches....
BigCUFan®
spacer What's the buyout for each party? Interesting he reduced the length.
Completely Solid Orange®
spacer Re: New Story: New contract places Swinney in top ten nationally
Tiger_tK
spacer Whatever it takes to keep him. We will never find a better coach/human being ever***
Hi Cotton Tiger®
spacer I'd be comfortable with just the annual raises... ;~)***
SOLOS®
spacer I know the big story is the money, but I thought they'd
Clemson81to85
spacer Re: New Story: New contract places Swinney in top ten nationally
Uncle Bill®
spacer What happens if he wants to leave?
clemson7024
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