Indiana has flipped its financial emphasis to the other side of the ball, paying more to the offensive coordinator position for the 2022 season.
New Indiana offensive coordinator Walt Bell will make $700,000 in guaranteed income for his first year according to contractual documents provided to The Daily Hoosier by IU Athletics.
Bell’s contract also includes bonuses of $25,000 if Indiana scores 30 or more points in 60 percent of its games, and another $25,000 bonus if the team ranks in the top third in the Big Ten in scoring offense. The document also provides that If IU makes a bowl game, Bell would receive a bonus of a month of his base salary.
Bell was the former head coach at the University of Massachusetts, and before that held offensive coordinator positions at Florida State, Maryland and Arkansas State. His total compensation package reflects a substantial increase over his predecessor Nick Sheridan, who was earning $450,000.
Both Bell and Sheridan were paid less than 2019 offensive coordinator Kalen DeBoer, who made a base of $800,000 and earned $1 million after bonuses. According to reports from the spring, Penn State OC Mike Yurcich makes $1.7 million, and Ohio State OC and former IU head coach Kevin Wilson makes around $1.4 million.
On Sunday IU head coach Tom Allen announced he would be the defensive play-caller once again. His new DC Chad Wilt arrives without prior coordinator experience, and with that Indiana is paying less to that role in 2022.
Wilt’s guaranteed income is $550,000 per year according to his memorandum of understanding with IU provided to The Daily Hoosier. He will receive a $20,000 bonus if IU wins six games in a season, $2,500 each for wins No. 7 and No. 8, and an additional $5,000 for wins No. 9 and beyond. Wilt will receive $10,000 if IU wins the Big Ten East championship and $20,000 if it wins the Big Ten title. He would receive $20,000 if the Hoosiers reach the CFP semifinals, $25,000 if they reach the championship game, and $40,000 if they win the national championship.
Wilt’s predecessor, one-and-done defensive coordinator Charlton Warren, became the highest paid DC in IU history with a contract that provided for $700,000 per year in guaranteed money. He was the play-caller during his lone season in Bloomington. New Ohio State defensive coordinator Jim Knowles begins at a salary of $1.9 million.
Newly hired defensive line coach Paul Randolph will be paid $375,000 per year according to his memorandum of understanding provided to The Daily Hoosier.
All three new Indiana coaches agreed to two year terms, all three are entitled to receive payment under their contracts in the event of early termination, and all three will receive various perks such as cars, tickets, meals and merchandise.
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