Bill Belichick’s Signed UNC Contract Released; Includes Salary Details, Buyout Clause | News, Scores, Highlights, Stats, and Rumors

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The University of North Carolina released details regarding head football coach Bill Belichick’s contract Friday.

ESPN’s Pete Thamel posted snippets of the contract on X, showing that Belichick signed a five-year deal, which will pay him $10 million annually:

Pete Thamel @PeteThamel

UNC sent out a copy of Bill Belichick’s contract. Here’s the way they get to his $10 million salary. I’ve been told the deal is signed, which is why UNC has released the deal via state open record laws. <a href=”https://t.co/iC29AFFnVp”>pic.twitter.com/iC29AFFnVp</a>

Thamel also posted the termination clause, which requires Belichick to pay UNC $10 million if he terminates their agreement before June 1, 2025, but only $1 million if the termination occurs on June 1, 2025, or later:

Pete Thamel @PeteThamel

Here’s the clause where the buyout drops from $10 million to $1 million on June 1 if Belichick terminates the deal. <a href=”https://t.co/RcQCJZuhSj”>pic.twitter.com/RcQCJZuhSj</a>

There are also several bonuses worked into Belichick’s deal, including payments for an ACC title game appearance and win, bowl game appearances, College Football Playoff appearances and finishes inside the Associated Press Top 25 Poll:

Pete Thamel @PeteThamel

Couple interesting bonus items in Belichick’s deal. <br>*ACC title game appearance $200,000<br>*ACC title game win $300,000<br>*$150,000 for Non-CFP bowl<br>*$350,000 for Non-CFP Tier 1/Elite bowl game shall be defined as the Pop-Tarts Bowl, TaxSlayer Gator Bowl, and the Duke Mayo Bowl.<br>*See… <a href=”https://t.co/ZjsLuBDAvg”>https://t.co/ZjsLuBDAvg</a> <a href=”https://t.co/PT6vLMOC8r”>pic.twitter.com/PT6vLMOC8r</a>

Should UNC win a national championship under Belichick’s guidance, he will earn an extra $1.75 million.

Belichick, 72, is arguably the greatest head coach in NFL history, leading the New England Patriots to a record six Super Bowl wins during his time with the organization from 2000 to 2023.

When taking into account his five seasons as head coach of the Cleveland Browns as well, Belichick owns a career NFL regular-season coaching record of 302-165, plus he went 31-13 in the playoffs.

After the Pats went 4-13 and missed the playoffs for a second consecutive year in 2023, Belichick and the Patriots parted ways. Belichick tried to land another NFL head coaching job immediately after, but he wasn’t hired.

While it was expected that he would re-enter the pool of head coaching candidates at the end of the 2024 campaign, he instead decided to join the college ranks, agreeing to become the Tar Heels’ next head coach last month.

Belichick began his coaching career in 1975 with the Baltimore Colts, but he has never coached at the collegiate level until now.

Jonathan Jones of CBS Sports reported last week that Belichick technically hadn’t signed his UNC contract yet, leading to speculation that Belichick could leave and land an NFL job if the opportunity were to arise.

North Carolina football general manager Michael Lombardi later shot down the idea, saying Belichick’s “focus is on North Carolina football, hiring staff members and developing the team,” and that the NFL “isn’t an option.”

There are still four head coaching vacancies in the NFL, although all of them figure to be filled in the coming weeks.

The language of Belichick’s contract and the timing of the NFL hiring cycle makes it seem likely that he will coach at UNC for at least the 2025 season, but given that his buyout is only $1 million after June 1, he could potentially leave after one season if an NFL head coaching opportunity arises at the end of the 2025 season.

Until then, Belichick will attempt to get the Tar Heels back on track after a disappointing 6-7 showing in 2024.

Bill Belichick’s Signed UNC Contract Released; Includes Salary Details, Buyout Clause

In a surprising turn of events, the signed contract of legendary football coach Bill Belichick with the University of North Carolina has been released to the public. The contract, which was highly anticipated by fans and analysts alike, sheds light on the details of Belichick’s new role as the head coach of the UNC football program.

According to the contract, Belichick will be earning a salary of $10 million per year, making him one of the highest-paid coaches in college football. In addition to his base salary, Belichick will also be eligible for bonuses based on the team’s performance, including conference championships and bowl game appearances.

One of the most intriguing aspects of the contract is the buyout clause, which stipulates that UNC would have to pay Belichick a hefty sum if they were to terminate his contract early. The buyout clause is said to be in the range of $20 million, indicating that UNC is committed to keeping Belichick on board for the long haul.

Fans and analysts have been buzzing about the release of Belichick’s contract, with many expressing excitement about the impact he could have on the UNC football program. With Belichick’s track record of success in the NFL, there is no doubt that expectations are high for his tenure at UNC.

Stay tuned for more updates on Bill Belichick’s contract and his upcoming season with the UNC Tar Heels. Follow us for the latest news, scores, highlights, stats, and rumors surrounding college football.

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