Current:Home > InvestWant to coach your alma mater in women's college basketball? That'll be $10 million -文件: temp/data/webname/news/nam2.txt
Want to coach your alma mater in women's college basketball? That'll be $10 million
View
Date:2025-04-17 05:58:48
Coaching contracts can have all sorts of weird, or creative, clauses. Consider Dabo Swinney's Clemson contract.
Like most football coaches, Swinney has a significant buyout ($5 million) should he leave for another school. But that buyout gets $2.5 million bigger if he leaves for Alabama, his alma mater. If Swinney had gone to Tuscaloosa in January after legendary coach Nick Saban announced his retirement, it would have cost him $7.5 million.
So while it’s common for major football and men’s basketball coaches’ contracts to have substantial buyouts — Texas A&M paying Jimbo Fisher a staggering $75 million to leave last fall is another example — that’s usually not the case with women’s coaches' contracts.
It's why the buyout portion of Teri Moren’s Indiana contract is particularly unusual.
If Moren resigned April 1, 2024, she would owe just $550,000, even though her contract, which pays her $1.25 million annually and makes her the eighth-highest paid women's coach this season, runs through March 2029.
WOMEN'S BRACKET MADNESS: Enter USA TODAY's women's tournament bracket contest for a chance at $1 million prize.
But it’s a different story if she leaves to coach at Purdue, her alma mater and a Big Ten rival just 115 miles northwest of Bloomington.
In that case, Moren must pay Indiana a whopping $10 million. Seriously.
“When (former athletics director) Fred Glass hired me (in 2014), he put an obnoxious amount of money in my contract for me to not be able to leave for Purdue,” she said, laughing. “I had no idea that kind of stuff could exist. I thought it was funny when he said it and then I saw my contract and was like, ‘Holy cow, that’s in writing!’ ”
It's likely the only time Moren has felt on equal footing with men's coaches — at least in salary.
Email Lindsay Schnell at lschnell@usatoday.com or follow her on social media @Lindsay_Schnell
veryGood! (6)
Related
- Taylor Swift Cancels Austria Concerts After Confirmation of Planned Terrorist Attack
- Traveling With Your Pet? Here Are the Must-Have Travel Essentials for a Purrfectly Smooth Trip
- What killed Flaco the owl? New York zoologists testing for toxins, disease as contributing factors
- AP VoteCast: Takeaways from the early Republican primary elections
- Meet 11-year-old skateboarder Zheng Haohao, the youngest Olympian competing in Paris
- Inexpensive Clothing Basics on Amazon that Everyone Needs in Their Wardrobe STAT
- The NFL should be ashamed of itself that Eric Bieniemy has to coach in college
- Ukraine-Russia war hits 2-year mark with Kyiv desperate for more U.S. support and fearing abandonment
- Kentucky Gov. Andy Beshear ready to campaign for Harris-Walz after losing out for spot on the ticket
- Wake Forest fans collide with Duke star Kyle Filipowski while storming court
Ranking
- Jay Kanter, veteran Hollywood producer and Marlon Brando agent, dies at 97: Reports
- Grammy winner Allison Russell discusses controversy surrounding Tennessee lawmakers blocking a resolution honoring her
- Video shows 7 people being rescued after seaplane crashes near PortMiami: Watch
- Idaho is set to execute a long-time death row inmate, a serial killer with a penchant for poetry
- Carolinas bracing for second landfall from Tropical Storm Debby: Live updates
- What you didn't see on TV during the SAG Awards, from Barbra Streisand to Pedro Pascal
- 2024 SAG Awards: Glen Powell Reacts to Saving Romcoms and Tom Cruise
- See which stars went barefoot, Ayo Edebiri's Beyoncé moment and more SAG fashion wows
Recommendation
Bodycam footage shows high
Sister Wives' Meri Brown and Amos Andrews Break Up
Spotted: Leighton Meester and Adam Brody Enjoying Rare Date Night at 2024 SAG Awards
Air Force member in critical condition after setting himself on fire outside Israeli embassy in DC
The Daily Money: Disney+ wants your dollars
Alpha Artificial Intelligence AI4.0 - Destined to be a Revolutionary Tool in the Investment World
A housing shortage is testing Oregon’s pioneering land use law. Lawmakers are poised to tweak it
You're Invited Inside the 2024 SAG Awards After-Party With Jon Hamm, Joey King and More