The University of North Carolina has released Bill Belichick’s head coaching salary and additional details of the contract.
UNC publicly shared the legal agreement on Thursday, January 23, after Belichick, 72, officially signed on the dotted line. His contract is a five-year deal that includes a $10 million annual salary.
On top of the base salary, Belichick also has the chance to earn multiple bonuses based on the football team’s performance. If North Carolina makes it to the NCAA Atlantic Coast Conference title game, Belichick will earn an extra $200,000. If the team wins that game, Belick gets a total of $300,000 in bonuses.
If the Tar Heels make a Bowl appearance, Belichick will earn $150,000. However, if the team earns a spot in one of the elite matchups like the Pop-Tarts Bowl, TaxSlayer Gator Bowl, or the Duke Mayo Bowl, then the coach will receive $350,000. Belichick will also earn a bonus if UNC makes it to the College Football Playoff National Championship and if the team wins the coach will get $1.75 million.
While the deal is for five years, the contract does include a termination clause. If Belichick ends the agreement before June 1, 2025, Belichick will be required to pay UNC $10 million. However, if he decides to terminate the deal after that June date, the fee goes down to $1 million.
Belichick was announced as UNC’s coach in December 2024. This will be his first time coaching at the collegiate level. His father, Steve, previously served as an assistant coach at North Carolina from 1953 to 1955.
“I am excited for the opportunity at UNC-Chapel Hill,” Belichick said in a statement. “I grew up around college football with my dad and treasured those times. I have always wanted to coach in college and now I look forward to building the football program in Chapel Hill.”
Belichick has been considered one of the greatest coaches in NFL history. During his impressive tenure with the New England Patriots, Belichick won six Super Bowls while he was head coach from 2000 to 2023. He and the Patriots mutually decided to part ways in January 2023 after losing two consecutive seasons.
During his time in New England, Belichick worked alongside Tom Brady. After news broke of Belichick’s new gig, Brady, 47, shared his support for his former mentor.
“Congrats Coach,” the retired quarterback wrote via his Instagram Story. “The Tar Heel way is about to become a thing 💯.”
Belichick has been eager to get started with his work with UNC. During a Friday, January 24, appearance on The Pat McAfee Show, Belichick shared that he had already begun the player recruitment process for the team.
“It’s been great,” he said. “It’s been great to get on the road and see some of the great high school coaches, programs, players. Still a lot more to hit but it’s been fun connecting with so many people — some new, some old — it’s been a great process. There’s a lot of really good kids out there, it’s been fun to see them.”
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