Curt Cignetti Reaps Big Rewards as Indiana Hoosiers Extend Their Undefeated Run

Another victory! Still, undefeated! Yes, on Saturday, Indiana defeated Michigan State 47-10, extending their winning streak for the season. However, a 46-yard field goal from Jonathan Kim puts Michigan State first on the board in the first quarter and MSU has a 3-0 advantage. But Indiana stages a comeback in the second quarter and ultimately secures the victory. Now, it’s the time for Indiana and his head coach to celebrate. Yet, head coach Curt Cignetti has one more reason to rejoice. Yes, one more!

The Hoosiers are currently off to their finest start in program history (9-0). And as a result, Cignetti received several bonuses from his six-year contract with Indiana. The reason of celebration! However, the team has three regular-season games left, followed by a bowl game or a potential berth in the CFB Playoffs, which could lead to more possibilities. Much more! But a reporter from USA Today gave us a small thought today. “Indiana coach Curt Cignetti picks up $50,000 bonus as Hoosiers get 6th Big Ten win of the season by beating Michigan State. Hoosiers are 9-0, and Cignetti now has $350,000 in bonuses so far, plus automatic 1-year contract extension and $250,000 raise beginning next season.” said Steve Berkowitz, the reporter for USA Today, in a rewards message on Matt Rhule’s winning run this year on November 3.

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Indiana coach Curt Cignetti picks up $50,000 bonus as Hoosiers get 6th Big Ten win of the season by beating Michigan State. Hoosiers are 9-0, and Cignetti now has $350,000 in bonuses so far, plus automatic 1-year contract extension and $250,000 raise beginning next season.

— Steve Berkowitz (@ByBerkowitz) November 2, 2024

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You might be curious to know about Cignetti’s deal with Indiana. Well, Cignetti consented to a six-year deal with a basic salary of fifty thousand dollars per year, beginning on December 1, 2023, and ending on November 30, 2029. Besides this, His yearly revenue from marketing, promotions, and other sources will total $3.5 M in Year 1. By Year 6, that amount will have grown by $100,000 annually. Can’t figure it out? Yes, it’s enormous. But why not? In CFB, a 9-0 record is uncommon, particularly in the first season.

Additionally, the deal also includes an incentive component. A $250,000 yearly retention incentive is part of the deal; the first payment is due on November 30. And every year on November 30, he will receive the same sum for his work at Indiana. If this is the rate of progress. This is something he deserves.

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