Current:Home > ScamsDefeat of Florida increases buyout of Arkansas coach Sam Pittman by more than $5 million -Aspire Money Growth
Defeat of Florida increases buyout of Arkansas coach Sam Pittman by more than $5 million
SignalHub View
Date:2025-04-11 04:05:45
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! (177)
Related
- McConnell absent from Senate on Thursday as he recovers from fall in Capitol
- New Starbucks merch drop includes a Stanley cup collab: Here's what to know
- Andrew Tate placed under house arrest as new human trafficking allegations emerge involving minors
- Jury sides with Pennsylvania teacher in suit against district over Jan. 6 rally
- Chuck Scarborough signs off: Hoda Kotb, Al Roker tribute legendary New York anchor
- Don't want to Google it? These alternative search engines are worth exploring.
- BMW recalls over 720,000 vehicles due to water pump malfunction that may cause a fire
- Halle Berry says Pierce Brosnan restored her 'faith in men' on Bond film 'Die Another Day'
- Why Sean "Diddy" Combs Is Being Given a Laptop in Jail Amid Witness Intimidation Fears
- Iowa coach Kirk Ferentz to serve one-game suspension for recruiting violation
Ranking
- A South Texas lawmaker’s 15
- Make the Viral 'Cucumber Salad' With This Veggie Chopper That's 40% Off & Has 80,700+ 5-Star Reviews
- A teen’s murder, mold in the walls: Unfulfilled promises haunt public housing
- John Cena Shares NSFW Confession About Embarrassing Sex Scenes
- Person accused of accosting Rep. Nancy Mace at Capitol pleads not guilty to assault charge
- Yankees roast Little League coach who complained about Aaron Judge
- Escaped Mississippi inmate in custody after hourslong standoff at Chicago restaurant
- See Gisele Bündchen's Sweet Message to Tom Brady's Son Jack
Recommendation
Could Bill Belichick, Robert Kraft reunite? Maybe in Pro Football Hall of Fame's 2026 class
Headlined by speech from Jerome Powell, Fed's Jackson Hole symposium set to begin
Former Milwaukee hotel workers accused of killing a man by pinning him down plead not guilty
US Open 2024: Schedule, prize money, how to watch year's final tennis major
Megan Fox's ex Brian Austin Green tells Machine Gun Kelly to 'grow up'
Love Actually's Martine McCutcheon Reveals Husband Broke Up With Her After 18 Years Together
US Open storylines: Carlos Alcaraz, Coco Gauff, Olympics letdown, doping controversy
Sudden fame for Tim Walz’s son focuses attention on challenges of people with learning disabilities