Current:Home > reviewsDabo Swinney Alabama clause: Buyout would increase for Clemson coach to replace Nick Saban -Excel Wealth Summit
Dabo Swinney Alabama clause: Buyout would increase for Clemson coach to replace Nick Saban
View
Date:2025-04-13 00:33:21
With the retirement of Alabama football coach Nick Saban on Wednesday, the Crimson Tide are now looking for something they haven't needed since 2007: a new head coach.
Oregon's Dan Lanning was the early favorite among projected Alabama targets, though the former Crimson Tide graduate assistant and Georgia defensive coordinator shot down reports he was interviewing for the position. While Alabama has yet more high-profile candidates to consider, one name who has consistently cropped up is a coach with whom Crimson Tide fans are well-acquainted.
Clemson coach and former Alabama walk-on receiver Dabo Swinney is on several short lists to replace the Crimson Tide legend, including by The Tuscaloosa News. Whether the same is true among Alabama's decision-makers is unknown. But at least one hangup for a reunion in Tuscaloosa exists in the form of Swinney's own contract with Clemson.
First introduced in 2019 and reintroduced in his 2022 extension, Swinney's most recent contract includes an Alabama-specific clause that bumps up the cost of his buyout should he take over at Alabama. It states that Swinney will have a 150% higher buyout than if he were to leave the Tigers for any other team in college football.
“How I look at that is Coach’s commitment to Clemson,” Clemson athletics director Graham Neff said in September 2022. “If you were to look at the market for the buyouts, Coach’s buyout to Clemson even before any of the additive for Alabama specifically is the highest of his market, the top 10 markets.
“That commitment that he has to Clemson sets the market … that’s how I see those buyout dollars, because there’s a lot of them around the country and the market that aren’t a whole lot if anything. So even those dollars there from Coach are emblematic of his commitment to Clemson.”
Here's what you need to know about Swinney's Alabama clause in his Clemson contract.
Dabo Swinney Alabama clause, explained
Swinney's contract includes a distinctive clause that increases his buyout should he leave Clemson to coach Alabama: namely, that he would have to pay 150% of his buyout in a given year if he chooses to coach the Crimson Tide.
While the percentage remains the same throughout the life of the contract, the buyout amount does decrease periodically. At the time he signed the extension in September 2022, that meant he would have had to pay $9 million — not $6 million — if he chose to return to Tuscaloosa at any time during the 2022 calendar year.
Here's a year-by-year breakdown of the penalty Swinney would incur, as specified in his contract (Alabama buyout listed in parentheses):
- 2022: $6 million ($9 million)
- 2023: $5 million ($7.5 million)
- 2024: $5 million ($7.5 million)
- 2025: $4 million ($6 million)
- 2026: $3 million ($4.5 million)
- 2027: $3 million ($4.5 million)
- 2028: $2 million ($3 million)
- 2029: $2 million ($3 million)
- 2030: $1 million ($1.5 million)
- 2031: $0
Dabo Swinney contract details
Swinney's 10-year, $115 million deal with Clemson was signed in September 2022 and runs through 2031. It solidified his position as one of college football's highest-paid coaches, giving him an average annual salary of $11.5 million. The Tigers coach made $10.9 million for the 2023 college football season (second in all of college football, behind only Saban's $11.4 million).
Performance incentives based on championship appearances and Coach of the Year awards add another layer of potential earnings.
Dabo Swinney ties to Alabama
Swinney, originally hailing from Pelham, commenced his football journey in 1990 as a walk-on wide receiver for the Crimson Tide, culminating in the team's national championship season in 1992.
Following his playing days, Swinney transitioned into coaching, initially serving as a graduate assistant under Gene Stallings from 1993-95. His commitment and expertise led to a full-time coaching position from 1996 to 2000, during which time he took charge of coaching Alabama's receivers and tight ends.
We occasionally recommend interesting products and services. If you make a purchase by clicking one of the links, we may earn an affiliate fee. USA TODAY Network newsrooms operate independently, and this doesn’t influence our coverage.
veryGood! (7535)
Related
- Civic engagement nonprofits say democracy needs support in between big elections. Do funders agree?
- Crossing the Line: A Scientist’s Road From Neutrality to Activism
- ESPN Director Kyle Brown Dead at 42 After Suffering Medical Emergency
- Covid-19 Cut Gases That Warm the Globe But a Drop in Other Pollution Boosted Regional Temperatures
- Retirement planning: 3 crucial moves everyone should make before 2025
- Warming Trends: Airports Underwater, David Pogue’s New Book and a Summer Olympic Bid by the Coldest Place in Finland
- Warming Trends: Airports Underwater, David Pogue’s New Book and a Summer Olympic Bid by the Coldest Place in Finland
- U.S. could decide this week whether to send cluster munitions to Ukraine
- Paige Bueckers vs. Hannah Hidalgo highlights women's basketball games to watch
- A Shantytown’s Warning About Climate Change and Poverty from Hurricane-Ravaged Bahamas
Ranking
- The Best Stocking Stuffers Under $25
- Yankees pitcher Jimmy Cordero suspended for rest of 2023 season for violating MLB's domestic violence policy
- Election 2018: Florida’s Drilling Ban, Washington’s Carbon Fee and Other Climate Initiatives
- EPA Environmental Justice Adviser Slams Pruitt’s Plan to Weaken Coal Ash Rules
- EU countries double down on a halt to Syrian asylum claims but will not yet send people back
- Many Overheated Forests May Soon Release More Carbon Than They Absorb
- Chicago program helps young people find purpose through classic car restoration
- Gabrielle Union Shares How She Conquered Her Fear of Being a Bad Mom
Recommendation
Finally, good retirement news! Southwest pilots' plan is a bright spot, experts say
EPA Rejects Civil Rights Complaint Over Alabama Coal Ash Dump
Pregnant Olympic Gold Medalist Tori Bowie's Cause of Death Revealed
Celebrate Pride Month & Beyond With These Rainbow Fashion & Beauty Essentials
$73.5M beach replenishment project starts in January at Jersey Shore
Book excerpt: American Ramble: A Walk of Memory and Renewal
Selling Sunset's Amanza Smith Hospitalized for Blood Infection
Trump May Approve Strip Mining on Tennessee’s Protected Cumberland Plateau