Scott is the man! I didn't think it was possible to get this done during the season and I was dead wrong. Great news!!!
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Cig Agrees to New Contract!
- Thread starter Tammany Hall
- Start date
Scott is the man! I didn't think it was possible to get this done during the season and I was dead wrong. Great news!!!
You beat me to the punch! Dolson delivered in a big way.
There were rumors that this would happen during the bye week. Glad it got done!
This is really great news. Scott Dodson delivers big time!
I said this before, but if I am Scott the deal is structured with massive incentives for all coaches and does not get us into another untenable buy out position.
I figured 9.5-10 million. Great job Scott.
This is GREAT news!! Cignetti takes center stage during an off week!!!
Hopefully the raise for assistant coaches will be enough to keep the staff in place.
But you can’t blame them for leaving for a HC position.
But hopefully it’s enough to keep another school from taking them for another OC and DC job.
"Indiana University and IU Head Football Coach Curt Cignetti have agreed to terms on a new eight-year contract with an average annual compensation of $8 million, as well as an additional annual $1 million retention bonus. Cignetti's new contract runs thru Nov. 30, 2032."
Rest of IU press release below:
iuhoosiers.com
Rest of IU press release below:
CIgnetti Inks Eight-Year Contract Thru 2032 - Indiana University Athletics
BLOOMINGTON, Ind. - Indiana University and IU Head Football Coach Curt Cignetti have agreed to terms on a new eight-year contract with an average annual comp...
Been on X checking receipts. He was going to FSU/Florida book it. 😉🤣"Indiana University and IU Head Football Coach Curt Cignetti have agreed to terms on a new eight-year contract with an average annual compensation of $8 million, as well as an additional annual $1 million retention bonus. Cignetti's new contract runs thru Nov. 30, 2032."
Rest of IU press release below:
CIgnetti Inks Eight-Year Contract Thru 2032 - Indiana University Athletics
BLOOMINGTON, Ind. - Indiana University and IU Head Football Coach Curt Cignetti have agreed to terms on a new eight-year contract with an average annual comp...
Awesome news. Stops all the “won’t be long ‘til one of the big boy schools grabs him” talk. WE are the big boys now!
More importantly, this is big for recruiting.
Go Hoosiers!
More importantly, this is big for recruiting.
Go Hoosiers!
I'm fine with the incentive being "here's a huge pile of mostly guaranteed cash, so you and your guys can keep doing what you love, for Indiana."
Big time contract. But the numbers sound up near the best, but not outrageous.
Good job Cig, Scott and Pam Whitten.
Good job Cig, Scott and Pam Whitten.
Where exactly would the new salary put him among top paid head coaches? This is excellent!
There is always a risk when you sign someone up to a big contract that probably has a big buyout. But the risk/reward here looks pretty good and it made sense to go for it.
It’s only an untenable buyout when you want to fire the guy. If they’re successful, it’s the necessary poison pill to keep them from being poached.
Damned if you do/don’t if you’re an AD.
Huge credit to Scott Dolson but also President Pam Whitten! She is instrumental in all of this.
With the retention bonus it’s top 7-8. Depending how it’s structured I’d assume.
I don’t see any world in which Cignetti doesn’t at least make a bowl every season. He probably won’t win 10 games every season but he will win.
You're right. He'll win 11-12 every year, lol.
Still some details out but SI Indiana has him 2nd in the Big Ten behind Day and 10 nationwide.
Folks, we’re witnessing the greatest era of football Bloomington has ever seen.
Cignetti Field at Memorial Stadium has a nice ring to it.
Cignetti Field at Memorial Stadium has a nice ring to it.
One article I read said there were massive increases for the staff plus promises the 'structure' would continue to be improved on.
Structure as in facilities? (I was going to post as a joke 'No all-new dedicated practice facility yet, we suck!)
Indiana locks up football coach Curt Cignetti through 2032 with new deal
Indiana football has moved quickly to lock up coach Curt Cignetti to a new deal amidst the program's historic 10-0 start, details here:
sports.yahoo.com
The question of how much Cig owes if he resigns and how much IU pays if they fire him are two separate contract terms. One doesn't technically have much to do with the other.
Interested to know how those terms changed in the new agreement. Since it appears we are paying him about 9 million a year, I assume both numbers went up significantly, but I don't know where they were before.
Old buyouts are laid out nicely in here
https://www.si.com/college/indiana/...us-future-bonuses-to-come-buyout-01jat7w9fkvt
https://www.si.com/college/indiana/...us-future-bonuses-to-come-buyout-01jat7w9fkvt
Technically true, but the negotiators would be doing a bad job if they weren’t close. “You us $10M if you leave but we owe you $1M if we let you go” (or vice versa) isn’t gonna happen. I’m not sure how close they end up being normally but I assume they’re typically fairly close.
Yeah, I went and looked it up. Cig would have owed us $6 million if he resigned after the season. We'd have owed him $18 million if we fired him without cause.
6M nothing to the big boys. Smart to renegotiate before a school in a recruiting hotbed bought a brings truck.
I assume both buyouts went way up. Kinda risky 10 games into year one, but that's the cost of doing business these days in college football. If we didn't do it, some other AD woulda gladly paid us 6 million for the privilege.
