Current:Home > reviewsDefeat of Florida increases buyout of Arkansas coach Sam Pittman by more than $5 million -Elevate Profit Vision
Defeat of Florida increases buyout of Arkansas coach Sam Pittman by more than $5 million
View
Date:2025-04-15 23:52:50
Arkansas’ 39-36 overtime win Saturday at Florida snapped a six-game losing streak and kept the Razorbacks’ slim hopes for bowl eligibility alive for another week.
For Sam Pittman, it did something else.
With the victory against the Gators on Saturday, the Arkansas coach improved his record since the start of the 2021 college football season to 19-16, and guaranteed that he will finish the 2023 season with a mark of at least .500 dating back to the 2021 season-opener.
Because of that, if Pittman is fired without cause at the end of this season, he will be owed 75% of what he his owed on the remainder of his contract, according to the terms of his agreement with Arkansas.
Sam Pittman contract details
Pittman's win over Florida is a notable distinction that is worth millions for Arkansas.
According to the terms of Pittman's contract, obtained by the USA TODAY Network, he will be owed no less than $16.1 million if the university fires him without cause on Dec. 1, 2023. Had he fallen below the .500 win percentage threshold since the start of the 2021 season, he would have been owed only 50%, worth roughly $10.7 million. In either case, he would have to make a good-faith effort to find another job, the income of which would be subtracted from Arkansas' buyout.
Pittman is scheduled to make $6.35 million in 2023 through Dec. 31, including a $5.25 million salary that includes $500,000 in annual salary, $4.5 million in additional compensation for speaking engagements and a $250,000 bonus for winning seven games in 2022. His pay ranks him 22nd among all FBS coaches and 10th among the SEC’s 14 coaches.
At the time he signed the contract, the Razorbacks were rolling under Pittman: In 2021, Arkansas went 9-4 and defeated Penn State in the Outback Bowl to reach its highest win total in a decade. The Razorbacks followed that breakthrough campaign with a disappointing 7-6 mark in 2022, a season in which it got off to a 3-0 start and rose to No. 10 in the US LBM Coaches Poll before losing six of their final 10 games.
This season has been even more difficult, with Arkansas at 3-6 following the win against Florida. That decline has raised questions about Pittman’s job status and his future at the school as he nears the end of his fourth season at the helm.
veryGood! (29757)
Related
- John Galliano out at Maison Margiela, capping year of fashion designer musical chairs
- Our Growing Food Demands Will Lead to More Corona-like Viruses
- Exxon Shareholders Approve Climate Resolution: 62% Vote for Disclosure
- University of Louisiana at Lafayette Water-Skier Micky Geller Dead at 18
- Backstage at New York's Jingle Ball with Jimmy Fallon, 'Queer Eye' and Meghan Trainor
- This Week in Clean Economy: GOP Seizes on Solyndra as an Election Issue
- Opioids are devastating Cherokee families. The tribe has a $100 million plan to heal
- ‘Essential’ but Unprotected, Farmworkers Live in Fear of Covid-19 but Keep Working
- Juan Soto to be introduced by Mets at Citi Field after striking record $765 million, 15
- Spills on Aging Enbridge Pipeline Have Topped 1 Million Gallons, Report Says
Ranking
- Sam Taylor
- Exodus From Canada’s Oil Sands Continues as Energy Giants Shed Assets
- What's driving the battery fires with e-bikes and scooters?
- Bob Huggins resigns as West Virginia men's basketball coach after DUI arrest in Pittsburgh
- Selena Gomez engaged to Benny Blanco after 1 year together: 'Forever begins now'
- Can Energy-Efficient Windows Revive U.S. Glass Manufacturing?
- How Taylor Lautner Grew Out of His Resentment Towards Twilight Fame
- Auli’i Cravalho Reveals If She'll Return as Moana for Live-Action Remake
Recommendation
Paula Abdul settles lawsuit with former 'So You Think You Can Dance' co
Stone flakes made by modern monkeys trigger big questions about early humans
You asked: Can we catch a new virus from a pet? A cat-loving researcher has an answer
Coasts Should Plan for 6.5 Feet Sea Level Rise by 2100 as Precaution, Experts Say
US wholesale inflation accelerated in November in sign that some price pressures remain elevated
UPS workers vote to strike, setting stage for biggest walkout since 1959
See Kelly Ripa and Mark Consuelos Celebrate Daughter Lola's College Graduation
Save 30% On Spanx Shorts and Step up Your Spring Style With These Top-Sellers