Jay Sawvel’s Salary, Contract, Net Worth, and More

    Jay Sawvel was promoted to head coach for the Wyoming Cowboys, but what will be his salary, contract, and net worth as the leader in Laramie?

    Jay Sawvel has been promoted to head coach of the Wyoming Cowboys after the retirement of Craig Bohl. After ten years in charge in Laramie, Bohl announced his retirement on Dec. 6, and Wyoming didn’t waste much time naming his successor.

    What are Sawvel’s salary, contract, and net worth details?

    Jay Sawvel’s Salary in 2024

    Sawvel signed a five-year contract worth $5.8 million with Wyoming that runs through 2027. The contract will see Sawvel earn $1.1 million in 2024, 2025, and 2026 before increasing to $1.25 million in 2027 and 2028.

    The details of the contract were obtained by Casper (Wyo.) Star-Tribune, who revealed the breakdown of the deal.

    Sawvel will earn a base salary in the first three years of the contract of $300,000, with additional guarantees totaling $800,000. There are also incentives worth up to an additional $250,000 available.

    Then, in the last two years of the deal, the base salary increases to $350,000, and the additional guarantees also increase to $900,000. The incentives here are worth up to $350,000.

    The bonuses in Sawvel’s contract are based on “the team’s academic performance, ticket revenue, bowl wins, coach of the year honors, a MW championship, and a top-25 finish in the College Football Playoff rankings.”

    The salary is substantially less than Bohl was due to make in 2024. If the long-serving HC had stayed on, he would have earned $1.7 million with a retention bonus of $600,000 in 2024.

    University of Wyoming athletics director Tom Burman addressed the difference in money. “We recognize we’re paying Coach Sawvel less than we were paying Coach Bohl,” Burman said.

    “Part of this discussion with Jay is we’re not going to bank all that money. We are going to put some of that money back into football. After the bowl game, we’ll sit down and talk about what his plans are for assistant coaches, salaries, and other areas he thinks are important. We may put money into those areas.”

    Sawvel’s Net Worth

    As already revealed, Sawvel will earn $5.8 million over five years with Wyoming, but that doesn’t include the additional incentives he may obtain.

    It also doesn’t include Sawvel’s earnings over his coaching career. That journey started in 1994 as a graduate assistant at Eastern Kentucky. After stops at Notre Dame, Ferris State, Southern Illinois, Northern Illinois, and Minnesota, Sawvel became the defensive coordinator in Laramie in 2020.

    MORE: Top 10 Highest-Paid College Football Head Coaches

    The USAToday salary tracker estimates that Sawvel has earned $2.2 million in coaching roles since 2009. Adding that figure to his new contract would give Sawvel a net worth of $8 million. This is, however, the lower end of the estimate for the new Wyoming head coach.

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