![CHAPEL HILL, NORTH CAROLINA - DECEMBER 14: Head coach Bill Belichick of the North Carolina Tar Heels addresses the crowd during halftime in the game against the La Salle Explorers at the Dean E. Smith Center on December 14, 2024 in Greensboro, North Carolina. (Photo by Grant Halverson/Getty Images)](https://i0.wp.com/media.bleacherreport.com/image/upload/x_109%2Cy_72%2Cw_1563%2Ch_1042%2Cc_crop/w_40%2Ch_27%2Cc_fill/v1737649954/yjplj7ntw7nfv4bgnxnz.jpg?ssl=1)
Grant Halverson/Getty Images
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:
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:
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.
In a shocking turn of events, the signed contract of legendary NFL coach Bill Belichick with the University of North Carolina has been released to the public. The contract includes details of Belichick’s salary, buyout clause, and other key terms.
According to the contract, Belichick is set to earn a whopping $10 million per year as the head coach of the UNC football team. This makes him one of the highest-paid coaches in college football history. In addition to his base salary, Belichick is also eligible for performance-based bonuses, incentives, and other perks.
One of the most notable aspects of the contract is the buyout clause, which states that if Belichick were to leave UNC for another coaching position, he would owe the university a staggering $50 million. This hefty buyout clause is a clear indication of UNC’s commitment to retaining Belichick and ensuring he stays with the program for the long haul.
Fans and analysts alike are buzzing about the release of Belichick’s contract, with many expressing shock and awe at the lucrative terms. With Belichick now officially signed on as UNC’s head coach, expectations are high for the team’s upcoming season.
Stay tuned for more updates and analysis on this breaking news story. Stay tuned for more news, scores, highlights, stats, and rumors surrounding Bill Belichick and the UNC football program.
Tags:
Bill Belichick, UNC contract, signed contract, salary details, buyout clause, news, scores, highlights, stats, rumors, football coach, New England Patriots, NFL, sports news.
#Bill #Belichicks #Signed #UNC #Contract #Released #Includes #Salary #Details #Buyout #Clause #News #Scores #Highlights #Stats #Rumors