Indiana soccer coach Curt Cignetti’s first season with the Hoosiers is off to a multi-million-dollar begin.
IU’s 41-24 victory Saturday at Northwestern improved its document to 6-0, persevering with its finest opening to a season since 1967 and making the Hoosiers the primary faculty soccer staff to turn out to be eligible for a bowl this season.
INSIDER: This IU staff is nothing just like the IU anybody has ever identified. It is ruthless.
TOP 25: IU strikes as much as No. 20 in newest faculty soccer coaches ballot
Assuming they make such an look, Cignetti’s contract with Indiana requires an array of incentives to enter impact:
∎ An computerized one-year contract extension and a $250,000 pay enhance that that begins with the beginning of his subsequent contract 12 months, Dec. 1, 2024.
The rise means the extra contract 12 months is now scheduled to be price $5.1 million and add a minimum of $3.3 million in assured worth to the deal, which might undergo Nov. 30, 2030.
∎ A $200,000 bonus to be paid after this season.
∎ A $500,000 enhance over the present funds for Indiana soccer assistant coaches, energy coaches and operations workers, starting Jan. 1, 2025. (This season, the assistants every are actually set for bonuses of an quantity equal to 10% of their respective base salaries.)
This provides as much as fairly a haul for Cignetti, who final season was making just a little greater than $555,000 as James Madison’s head coach, excluding a $120,000 retention cost that he didn’t get as a result of he signed with Indiana in December 2022.
Cignetti’s cope with Indiana initially was set to be for six seasons, with a scheduled worth of $27 million.
The settlement consists of quite a lot of different attainable bonuses that, in a best-case situation, would pay a complete of $3.3 million. For instance, with the Hoosiers now 3-0 in Massive Ten play, in the event that they get two extra convention wins, Cignetti would choose up one other $100,000. In the event that they end among the many prime six within the convention standings, he would get a further $250,000.
This text initially appeared on Indianapolis Star: Indiana soccer Curt Cignetti contract bonus for IU bowl eligibility