If the Nittany Lions were banking on Curt Cignetti heading to State College, they need to go to Plan B.
Indiana University agreed to a massive eight-year contract extension with Cignetti, their head football coach, making him the third-highest paid coach in college football.
Cignetti’s new deal is worth $93 million over eight years, giving him an estimated $11.6 million per season. The contract runs through Nov. 30, 2033.
This extension comes after rumors of Cignetti being a coach Penn State could pursue to replace James Franklin, who was fired after three straight losses this season.
“At Indiana University, we are committed to performing at the highest levels in everything we do, and no one has exemplified that more than Coach Cignetti,” Pamela Whitten, Indiana University’s president, said in a statement. “Put simply, Cig is a winner.”
Cignetti is behind only Georgia’s Kirby Smart ($13.3 million per season) and Ohio State’s Ryan Day ($12.6 million).
