Clemson announced Saturday morning it reached an agreement on a new deal for football coach Dabo Swinney. The contract is for eight years, $27.15 million and is fully guaranteed if Swinney is fired in the next three seasons, according to Aaron Brenner of the Charleston Post & Courier. The deal comes off the heels of Swinney and Clemson's second straight bowl win, a 40-35 victory over Ohio State in the Orange Bowl.
"Dabo is one of the top coaches not only in the ACC but in the entire nation," director of athletics Dan Radakovich said. "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."
In his almost six years as head coach of the Tigers -- Swinney took over for Tommy Bowden midway through the 2008 season -- he has compiled a 51-23 record with six bowl appearances. Under his tutelage, Clemson has become a perennial contender in the ACC.
The approximately $3.15 million per year (the rest of the money will be allocated for assistant coaches) compares pretty favorably with other coaches' salaries. South Carolina's Steve Spurrier just got a raise to $4 million per year, and Florida State's Jimbo Fisher got a raise up to just over $4 million as well. Both of those programs have had Clemson's number recently, but if Swinney can continue to reach double-digit win totals, the eight years should be a bargain as coach salaries keep rising.
Dan Radakovich told me Dabo Swinney's new 8-year deal of $3.15 mil per year puts him third in the ACC. Got a raise of about $1 mil.
Dabo will have a pool of about $275,000 from which to hand out raises to assistants. Full details coming in a few at http://t.co/n9AggKZBM0.
— Larry Williams (@LarryWilliamsTI) January 18, 2014
It's also important to note the bit of savings Clemson is getting means the school can continue to carve out money for its assistants. Offensive coordinator Chad Morris is one of the highest paid assistant coaches in the country, and that's worked out pretty well for the Tigers so far.
And that deal also lets Clemson continue to spend big on hotshot coordinators while Swinney takes a bit less.
— TomahawkNation.com (@TomahawkNation) January 18, 2014
Eight years, $27.15 million, fully guaranteed if fired any time in the next three seasons. I guess Clemson's sure about this Dabo guy. — Aaron Brenner (@Aaron_Brenner) January 18, 2014