Bill Belichick was formally introduced as UNC’s next head football coach during a press conference on Thursday.
The job marks his first coaching gig in college sports. Here is a breakdown of his coaching contract with UNC and plans for his coaching staff.
Only Three Years Guaranteed
UNC and Belichick have agreed to a five-year contract, but there is a catch. Only the first three years are guaranteed, according to the contract.
The new UNC head football coach will get $10 million annually with $30 million guaranteed, but years four and five are optional.
With the last two years of the contract being optional, it leaves the door open for Belichick to have an opportunity to return to the NFL in the future.
Contract Buyouts and NIL Funding
Per UNC’s contract with Belichick, his buyout drops from $10 million to only $1 million after June 1, 2025.
Contract Bonuses
According to CBS Sports, Belichick’s contract offers him several opportunities to …