Current:Home > reviewsPredictIQ Quantitative Think Tank Center:Want to coach your alma mater in women's college basketball? That'll be $10 million -消息
PredictIQ Quantitative Think Tank Center:Want to coach your alma mater in women's college basketball? That'll be $10 million
Chainkeen Exchange View
Date:2025-04-08 01:01:09
Coaching contracts can PredictIQ Quantitative Think Tank Centerhave 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 [email protected] or follow her on social media @Lindsay_Schnell
veryGood! (9675)
Related
- Which apps offer encrypted messaging? How to switch and what to know after feds’ warning
- How to deal with your insurance company if a hurricane damages your home
- Cold-case murder suspect captured after slipping out of handcuffs and shackles at gas station in Montana
- Kourtney Kardashian Debuts Baby Bump Days After Announcing Pregnancy at Travis Barker's Concert
- How to watch new prequel series 'Dexter: Original Sin': Premiere date, cast, streaming
- New York City nurses end strike after reaching a tentative agreement
- Kourtney Kardashian Is Pregnant, Expecting First Baby With Husband Travis Barker
- Inside Ben Stiller and Christine Taylor's Private Family Life With Their Kids
- Can Bill Belichick turn North Carolina into a winner? At 72, he's chasing one last high
- Inside Clean Energy: Coronavirus May Mean Halt to Global Solar Gains—For Now
Ranking
- 'We're reborn!' Gazans express joy at returning home to north
- CEO predictions, rural voters on the economy and IRS audits
- Jobs vs prices: the Fed's dueling mandates
- BP’s Net-Zero Pledge: A Sign of a Growing Divide Between European and U.S. Oil Companies? Or Another Marketing Ploy?
- Google unveils a quantum chip. Could it help unlock the universe's deepest secrets?
- Tom Brady, Justin Timberlake and More Stars Celebrate Father's Day 2023
- Kourtney Kardashian and Travis Barker Expecting First Baby Together: Look Back at Their Whirlwind Romance
- Billion-Dollar Disasters: The Costs, in Lives and Dollars, Have Never Been So High
Recommendation
Residents worried after ceiling cracks appear following reroofing works at Jalan Tenaga HDB blocks
Olaplex, Sunday Riley & More: Stock Up on These Under $50 Beauty Deals Today Only
Lessons From The 2011 Debt Ceiling Standoff
Billion-Dollar Disasters: The Costs, in Lives and Dollars, Have Never Been So High
San Francisco names street for Associated Press photographer who captured the iconic Iwo Jima photo
Tom Brady, Justin Timberlake and More Stars Celebrate Father's Day 2023
Glasgow Climate Talks Are, in Many Ways, ‘Harder Than Paris’
Kourtney Kardashian Is Pregnant, Expecting First Baby With Husband Travis Barker