With one stroke of the pen, Swinney has 54 million reasons to stay at Clemson


by - Senior Writer -
Discuss on TigerBoard   Print   | TigerNetcom Facebook ClemsonTigerNet Twitter TigerNet RSS Feed
Friday's contract boosts Dabo Swinney to the third-highest paid coach in college football.
Friday's contract boosts Dabo Swinney to the third-highest paid coach in college football.

CLEMSON – With one stroke of the pen, Dabo Swinney and Clemson University proved that the Tigers’ head coach isn’t going anywhere else. Not anytime soon.

Swinney and the school agreed to terms on a new contract earlier this week – the meat of the contract was in place last week but the final agreement was in place Tuesday – and the Board of Trustees compensation committee officially approved the new deal Friday.

The contract runs eight years and will pay him an average of $6.75 million a year through 2024. That average is up from the $5.33 million average a year he was expected to make through his existing contract before Friday and brings his new total to $54 million over the years through base salary, supplemental pay, licensing and signing bonuses.

There were more than a few takeaways from the early-morning press conference and announcement and press conference at McFadden this morning. Let’s start with the fact that Swinney hired an agent. As many of you know, Mike Brown, who represented Swinney for many years, passed away in late January after a battle with pancreatic cancer. I asked Swinney in the spring if he was going to hire a replacement, and he said that longtime friend P.J. Tessman was moving to Clemson and would handle many of the details Brown handled, including Swinney’s All In Foundation.

Assuming that was still the case, I asked Athletic Director Dan Radakovich if it was strange negotiating a contract of this size without an agent, and he told us there was an agent involved. Swinney hired a firm (Balch Sport) out of Birmingham (AL) earlier this summer to handle the details of the contract (Larry Fedora and Ray Tanner are clients).

“Actually, there was an agent and that’s why we are sitting here in August as opposed to some time previously,” Radakovich said. “With the untimely passing of Mike Brown, Dabo took a little time and talked about how he wanted to pull together his team. That was done in May, and we were able to work with them.”

Swinney is now the third-highest paid coach in all of college football, only behind Alabama's Nick Saban ($8.1 million a year) and Michigan's Jim Harbaugh ($7.6 million a year). All of these contracts and their numbers are skewed for one reason or another – part of Harbaugh’s compensation is life insurance money and Saban had a huge signing bonus – but the school wanted to make sure that Swinney was paid like the rest of his peers.

“When you look at the market, the market is now defined because Dabo has won a National Championship here at Clemson,” Radakovich said. “The market is also defined by those four coaches who are current coaches who have National Championship victories. It further includes Coach Harbaugh at Michigan, who has a Super Bowl appearance. We created the terms based on that.”

The part that really stands out to me is the buyout – the contract stipulates that Swinney would owe Clemson $6 million if he opted to leave for another school. Considering that many people believe Alabama would make Swinney its first choice if Saban left and a report earlier this week that Texas A&M would make Swinney a priority if current head coach Kevin Sumlin is fired, the buyout is a big piece.

To put things into perspective – Florida St. head coach Jimbo Fisher’s buyout now sits in the $1 million range, Harbaugh sits at $2 million, and Urban Meyer’s buyout at Ohio St. is $2 million. So why is Swinney’s buyout so large? I was told that Swinney wanted that number, because it shows his commitment to Clemson. He wants to be here as long as Clemson wants him here.

Now, we can’t be silly and think that if another school really wanted Swinney they wouldn’t pony up the $6 million. Alabama would pay that and not even flinch. But it does show Swinney’s commitment to the school, and there are multiple reasons he won’t find a better gig anywhere else – he’s won a national title, the new operations building has his fingerprints all over it, recruiting is better than ever and he’s building a brand new 20,000 square foot home just a few miles from campus.

He isn’t going anywhere, and he has 54 million reasons to stay.


Rate this Story:
62 votes

Send Feedback to David Hood: Email | Comment
Discuss on TigerBoard   Print   | TigerNetcom Facebook ClemsonTigerNet Twitter TigerNet RSS Feed
Post your comments!
Subject (Replies: 50) Author
spacer New Story: With one stroke of the pen, Swinney has 54 million reasons to stay at Clemson
TigerNet News
spacer Coots just threw up in their mouths.
TigerHawk76®
spacer Re: Coots just threw up in their mouths.
wewillROCKyou
spacer I nominate Tiger Hawk for POTD***
InletTiger15®
spacer Re: I nominate Tiger Hawk for POTD***
AikenTiger_00
spacer Re: I nominate Tiger Hawk for POTD***
Dugatiger®
spacer #NeverAgain!!!!***
GSCtiger
spacer Re: #NeverAgain!!!!***
Dugatiger®
spacer Re: Coots just threw up in their mouths.
allorangeallthetime52®
spacer Re: Coots just threw up in their mouths.
Dugatiger®
spacer A&M?
PioneerG
spacer Re: A&M just threw up in their mouths tooo
FLTiger87
spacer Pretty good News !!!!!
FLTiger87
spacer Re: Pretty good News !!!!!
TigerHawk76®
spacer Re: Pretty good News !!!!!
Cdixon11
spacer Ever hosted 150-200 people at your house?***
Tiger5
spacer I'm sure he could have a big yard and a big ole event tent
FLTiger87
spacer Re: Pretty good News !!!!!
allorangeallthetime52®
spacer Re: Pretty good News !!!!!
AsheTiger
spacer did you read the article from Davi on the house
rgby83®
spacer Re: Pretty good News !!!!!
Dugatiger®
spacer All In
Eagle03®
spacer All In
Eagle03®
spacer Re: New Story: With one stroke of the pen, Swinney has 54 million reasons to stay at Clemson
Old Hickory
spacer Re: New Story: With one stroke of the pen, Swinney has 54 million reasons to stay at Clemson
PioneerG
spacer tobput this in perspective, that's $18,493.15 per day err day
InletTiger15®
spacer After we win Natty this year how will be restructure again?
Tiger1955
spacer Coot you are in for many years of Dabo so might need to get
Tiger5
spacer Not a Coot, BS ECE 1975, MS ECE 1977....
Tiger1955
spacer Re: Not a Coot, BS ECE 1975, MS ECE 1977....
fencebusters®
spacer Your pulse speaks for itself.***
PioneerG
spacer Re: New Story: With one stroke of the pen, Swinney has 54 million reasons to stay at Clemson
greenvillealum07
spacer Yo Dabo
Unshakable
spacer The article is right the 6m buyout is nothing for some
grrowl
spacer Re: New Story: With one stroke of the pen, Swinney has 54 million reasons to stay at Clemson
keith75®
spacer Re: New Story: With one stroke of the pen, Swinney has 54 million reasons to stay at Clemson
Dugatiger®
spacer 20,000 sq ft home? Dabo-land
sadmba
spacer Re: 20,000 sq ft home? Dabo-land***
AsheTiger
spacer Re: New Story: With one stroke of the pen, Swinney has 54 million reasons to stay at Clemson
Tigerdug23®
spacer Re: New Story: With one stroke of the pen, Swinney has 54 million reasons to stay at Clemson
EEtigerstripe
spacer Re: New Story: With one stroke of the pen, Swinney has 54 million reasons to stay at Clemson
Dugatiger®
spacer Re: New Story: With one stroke of the pen, Swinney has 54 million reasons to stay at Clemson
Fever®
spacer Re: New Story: With one stroke of the pen, Swinney has 54 million reasons to stay at Clemson
Dugatiger®
spacer Re: New Story: With one stroke of the pen, Swinney has 54 million reasons to stay at Clemson
tigernation2000
spacer Re: New Story: With one stroke of the pen, Swinney has 54 million reasons to stay at Clemson
tigernation2000
spacer That's a nice way to give Alabama a sure and clear...
ClemsonTiger1988®
spacer Re: New Story: With one stroke of the pen, Swinney has 54 million reasons to stay at Clemson
Bluedog51
spacer Re: New Story: With one stroke of the pen, Swinney has 54 million reasons to stay at Clemson
Salty55
spacer Re: New Story: With one stroke of the pen, Swinney has 54 million reasons to stay at Clemson
tigernation2000
spacer Re: New Story: With one stroke of the pen, Swinney has 54 million reasons to stay at Clemson
Usnamid15
spacer ...and Nuk just blew right by...***
SOLOS®
Tajh Boyd weighs in on Clemson QB battle
Tajh Boyd weighs in on Clemson QB battle
WATCH: Clemson Hype video "Extravagant Dreams" featuring Brian Dawkins
WATCH: Clemson Hype video "Extravagant Dreams" featuring Brian Dawkins
Clemson's T-shirt slogan for 2018: Accept The Challenge
Clemson's T-shirt slogan for 2018: Accept The Challenge
Tigers collect three more Watch List selections
Tigers collect three more Watch List selections
Scrimmage Insider: Defense better, but QBs missing too many zip code throws
Scrimmage Insider: Defense better, but QBs missing too many zip code throws
Five Clemson commits make new Rivals top-100
Five Clemson commits make new Rivals top-100
WATCH: Swinney on Brett Favre, Ohio State, Vegas Odds, Mike Williams
WATCH: Swinney on Brett Favre, Ohio State, Vegas Odds, Mike Williams
WATCH: David Hood's Tuesday Clemson scrimmage wrap
WATCH: David Hood's Tuesday Clemson scrimmage wrap
WATCH: Dabo Swinney's Tuesday scrimmage report
WATCH: Dabo Swinney's Tuesday scrimmage report
Sign Up for E-Mail News Alerts
Features
Breaking
Daily Digest
Clemson Gear
Clemson Gear