Dan Lanning is one of the youngest head coaches in college football and one of the highest earners. The star head coach has the Oregon Ducks competing for national titles and has earned a mega salary.
Let’s look at Lanning’s salary, contract, and net worth in 2024.
Dan Lanning Salary and Contract in 2024
Lanning will earn a minimum salary of $8.4 million in 2024. His current contract includes a base salary of $7.2 million for the 2024 season, following a contract extension signed in 2023. This salary increases to $8.4 million if he wins 10 regular-season games.
When Lanning first became Oregon’s head coach, his initial contract provided a salary of $4.7 million. The 2023 extension raised his salary to $7 million, with an annual increase of $200,000. There are also opportunities for additional bonuses.
Moreover, when the Ducks secured their 10th regular-season win in 2024, Lanning received a one-year contract extension, and his salary rose to $8.4 million. This means he is committed to the program until 2031, with a deferred compensation of $1 million. Additionally, he earned $1 million in deferred salary and a one-year contract extension for reaching 10 wins in 2023.
As stated, Lanning’s contract is also loaded with incentives. They include:
- Win national championship: $500,000
- CFP National Championship Game appearance: $500,000
- CFP Semi-Final appearance: $250,000
- CFP Bowl (non semi-final): $150,000
- Win Big Ten Championship Game: $150,000
- Bowl game after winning 7 games: $100,000
- 9 regular season wins: $100,000
- 10 regular season wins: $200,000
- 11 regular season wins: $200,000
- 12 regular season wins: $200,000
- 13 regular season wins (only when 13-game regular season applies): $200,000
- APR or 985 or greater: $100,000
- Big Ten Coach of the Year: $25,000
- AP or Walter Camp National Coach of the Year: $50,000
This means that before Oregon participates in the College Football Playoff, Lanning will have earned a minimum of $850,000, and the overall number is expected to rise.
Lanning’s Net Worth
As of 2024, Lanning has a minimum net worth of $76.9 million. This is calculated from his previous annual earnings as a head coach plus his future earnings and deferred payments. However, it does not include any earned bonuses or earnings from previous work, perks, or incentives.
When we discuss coaching contracts, everyone’s interested mostly in the monetary compensation. However, there are other potential perks that don’t directly involve fiscal reward. Oregon, as everyone knows, is Nike U. The incentives the school provides, thanks to Phil Knight’s company, are an underrated perk.
Lanning’s not one to break out a rare pair of Oregon Ducks PEs while he’s coaching, but he understands the value of the relationship in recruiting. Nike’s partnership with the Ducks provides players and coaches with multiple pairs of the latest and greatest apparel.
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