Jan 20 2014, 4:17am CST | by Poch de la Rosa
This was confirmed by no less than the Tigers' official athletics website on the same day.
"Clemson University and head football coach Dabo Swinney have agreed to a new eight-year deal, the athletic department announced today. The terms were approved by the Clemson University Board of Trustees Compensation Committee."
Swinney couldn't be more excited, per the same update.
"I'm extremely excited and appreciative of the opportunity to continue to build our program under the leadership of president Jim Clements and our athletic director Dan Radakovich. The future of Clemson University is extremely bright and the future of our football program is as well.
"While we have accomplished many goals, we still have several out there to reach and we will continue to work to get there. Kathleen and I are looking forward to continuing to be a part of the great community of Clemson, the Upstate and the state of South Carolina."
For his part, Radakovich lauded his football coach's success on and off the field.
"Dabo is one of the top coaches not only in the ACC but in the entire nation. His teams have succeeded on the field, in the classroom and in the community. We're excited to have him lead our program for a long time into the future."
With his new deal in place, Sweeney will earn a substantial raise which will bring his 2014 salary to $3.15 million, according to ESPN's Andrea Adelson, who adds more information about the Tigers head football coach's salaries in the upcoming years.
"Swinney has scheduled pay raises of $3.3 million in 2015 and $3.45 million starting in 2016. If Clemson wins the ACC championship in 2014, '15 or '16, his salary will jump to $3.5 million the following year.
"He has the opportunity to earn even more based on incentives, ranging from bowl appearances to a spot in the upcoming College Football Playoff."
Ed McGranahan of Clemson, SC's The State, breaks down Swinney's deal even further. He says the salary package of the Tigers football coaching staff in 2014 "is expcted to exceed $8 million."
"The contract, which runs through Dec. 31, 2021, includes a $5 million buyout should Swinney wish to leave Clemson during the final three seasons, then gradually less in subsequent years.
"His base salary would be $245,000 plus $500,000 in licensing revenue and the balance in supplemental income."
"Should the university terminate Swinney without cause this season, it would owe the coach $24 million. That figure is significantly reduced with each year of the deal.
"Swinney, 44, would owe Clemson $5 million should he leave for another head coaching spot the next three seasons. That also gets reduced over the length of the contract."
In his six seasons as Clemson Tigers mentor, Swinney has amassed a 51-23 record "and advancing to postseason bowl play each year," according to the team's official website.
He is also active in endeavors off the football field. He helped out in constructing two houses for Habitat for Humanity in the 2013 NCAA season. Swinney's "All-In Foundation" has "a mission of raising awareness of critical education and health issues in order to change the lives of people across the state of South Carolina," the Tigers' athletics website goes on to say.
The foundation's donations to local organizations over the last four years has reached almost $1 million.
Poch de la Rosa
Poch de la Rosa follows all major U.S. sports: NFL, MLB, NBA, NHL and the NCAA. His favorite teams are the Colts, Braves, Pacers, Sharks and Irish, respectively.
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