Current:Home > FinanceSafeX Pro Exchange|Defeat of Florida increases buyout of Arkansas coach Sam Pittman by more than $5 million -Secure Growth Solutions
SafeX Pro Exchange|Defeat of Florida increases buyout of Arkansas coach Sam Pittman by more than $5 million
EchoSense View
Date:2025-04-09 02:41:54
Arkansas’ 39-36 overtime win Saturday at Florida snapped a six-game losing streak and SafeX Pro Exchangekept 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! (5)
Related
- Military service academies see drop in reported sexual assaults after alarming surge
- Jerry Jones, Jimmy Johnson finally get it right in setting beef aside for Cowboys' celebration
- China’s manufacturing activity slows in December in latest sign the economy is still struggling
- Denmark’s Queen Margrethe II to step down from throne on Jan. 14
- Appeals court scraps Nasdaq boardroom diversity rules in latest DEI setback
- NFL Week 18 schedule set with game times for final Saturday, Sunday of regular season
- Texas' Arch Manning is the Taylor Swift of backup quarterbacks
- College Football Playoff semifinals could set betting records
- Federal hiring is about to get the Trump treatment
- Kirby Smart after Georgia football's 63-3 rout of Florida State: 'They need to fix this'
Ranking
- South Korea's acting president moves to reassure allies, calm markets after Yoon impeachment
- Putin lauds Russian unity in his New Year’s address as Ukraine war overshadows celebration
- Not all New Year's Eve parties are loud and crowded. 'Sensory-friendly' events explained.
- What restaurants are open New Year's Eve 2023? Details on Starbucks, Chick-fil-A, more
- Skins Game to make return to Thanksgiving week with a modern look
- Ex-Florida QB Jalen Kitna is headed to UAB after serving probation
- Zac Brown, Kelly Yazdi to divorce after marrying earlier this year: 'Wish each other the best'
- Biden fast-tracks work authorization for migrants who cross legally
Recommendation
Newly elected West Virginia lawmaker arrested and accused of making terroristic threats
Off-duty sergeant fatally shot at North Carolina gas station while trying to intervene during a crime, police say
Resolved: To keep making New Year's resolutions
Unforgettable global photos of 2023: Drone pix, a disappearing island, happiness
Don't let hackers fool you with a 'scam
Music producers push for legal protections against AI: There's really no regulation
Penn State defense overwhelmed by Ole Miss tempo and ‘too many moving parts’ in Peach Bowl loss
'We'll leave the light on for you': America's last lighthouse keeper is leaving her post