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Curt Cignetti’s incredible 2026 keeps getting better. The Indiana coach – who just led the Hoosiers to their first national championship in program history back in January – got a massive raise on Friday that makes him the highest-paid coach in college football.
The new deal pays Cignetti $13.2 million per year through 2033, per ESPN. That’s a $1.6 million annual increase from the extension he signed back in October.
He’s now tied with Georgia’s Kirby Smart at the top of the coaching salary ladder.
How the Market Review Clause Worked
Here’s where it gets interesting – Cignetti’s October extension included a market review clause that basically forced Indiana’s hand. Once the Hoosiers won the national title, the school had 120 days to bump his salary into the top three nationally among college football coaches. If they didn’t? His buyout to leave would’ve disappeared completely.
Indiana wasn’t about to let that happen.
The original extension had already moved Cignetti to fourth in the country at $11.6 million. This new deal vaults him straight to the top.
Athletic director Scott Dolson and the school moved quickly after Penn State’s job opened up. They were more than willing to include that market review clause because — let’s be honest — if it triggered, it meant Indiana was playing for national championships.
The Buyout Structure
Assuming the buyout terms stayed the same from his October deal, Cignetti isn’t going anywhere anytime soon. The structure’s pretty straightforward but hefty:
- $15 million if he leaves before the end of the 2026 season
- $12 million in 2027-28
- $9 million in 2028-29
- $4 million from 2029-30
- $2 million from 2030-31
- $1 million from 2031-32
There’s one notable wrinkle – if either Dolson or president Pamela Whitten leave their positions, those buyout numbers get cut in half.
For Cignetti, negotiating that market review clause was smart business. He made sure his compensation would match the sport’s elite if he delivered results. And he delivered in a big way.
Indiana’s commitment to keeping the momentum going showed up in their transfer portal class too, which they locked down before the national championship game. The school’s clearly not treating this title run as a one-time thing – they’re investing like a program that expects to compete at this level moving forward.
Cignetti earned every dollar of this raise. Going from outside the Power Five to a national championship in two seasons at Indiana is the kind of turnaround that rewrites what people think is possible in college football.