Indiana University has locked down its head coach, Curt Cignetti, with a substantial new contract. Amidst speculation and interest from Penn State, Cignetti has signed an eight-year deal worth a staggering $93 million, with an average annual salary of $11.6 million, making it the third-highest in the nation by 2025. This comes as a surprise to many, considering Cignetti's impressive achievements with the Hoosiers, who are now ranked No. 3 in the Associated Press poll, their highest-ever ranking.
The contract includes a $15 million buyout clause, a significant increase from his previous deal. Cignetti's success with Indiana has been remarkable, leading the team to a 17-2 record, a College Football Playoff appearance, and a school-record 11 wins. This transformation from a struggling program to a top contender is a testament to Cignetti's leadership and vision.
Cignetti's commitment to Indiana is evident in his words, stating, 'I couldn't be more proud to be a Hoosier, and I plan on retiring as a Hoosier.' His passion and dedication have been instrumental in elevating the program's success. The university's athletic director, Scott Dolson, expressed his confidence in Cignetti's leadership, emphasizing the importance of his role in the team's championship aspirations.
This contract extension highlights the university's commitment to investing in its football program and Cignetti's ability to lead it to new heights. With such a substantial contract, Cignetti's influence and impact on Indiana University's athletic program are set to continue for years to come.
