Report: Cignetti signs extension averaging $13.2M per year

Indiana head coach Curt Cignetti has agreed to a new deal, raising his average annual salary to $13.2 million through 2033, a source told the Indianapolis Star's Zach Osterman and Michael Niziolek.

This will mark Cignetti's third extension with the Hoosiers in just over two years. His previous contract reportedly paid him $11.6 million per year.

A good-faith market clause in Cignetti's previous extension allowed him to renegotiate the terms of his contract within 120 days after the Hoosiers reached the College Football Playoff semifinals. As a result of the reported agreement, the 64-year-old will leap ahead of Ohio State's Ryan Day ($12.5 million) as the highest-paid coach in the Big Ten.

Cignetti has guided Indiana to a 27-2 record since taking over the program in November 2023. The Hoosiers won their first national title after going 16-0 in 2025, defeating Miami in the championship game.

Cignetti joins Kirby Smart and Lane Kiffin as the only college coaches with an average annual salary exceeding $13 million.

The Hoosiers have made rewarding their coaching staff a priority following an unprecedented 2025 season. Indiana agreed to terms in December on three-year extensions for offensive coordinator Mike Shanahan and defensive coordinator Bryant Haines.