No. 11, Lovie Smith: $3,800,000. Illinois would've paid Lovie Smith $12 million if they fired him after last season, his third as Illini head coach. In addition, Smith’s offensive coordinator, Rod Smith, earned a $200,000 raise, which brings his salary to $700,000 this year. However, … No. That contract granted him up to $2 million salaries each year with up to $8 million performance bonuses. Lovie Smith earned $4,555,044 in 2018 as a Head Varsity Coach Football for Athletic Department. Illinois football has not lost since the time of this writing, riding high on a four-game winning streak, including the largest comeback in program history (25 points) in a thrilling matchup against Michigan State, that gave way to the Illini’s first bowl appearance in five years, and the first under Smith. His $5 million total salary put him ahead of leaders of blue-blood schools such as Oklahoma’s Lincoln Riley ($4.8 million) and the University of … With his $4 million total pay this year, Smith is ranked 29th in the country, tied with Louisiana State University’s Ed Orgeron who is currently 9-0, coming off a convincing victory against Alabama in Tuscaloosa and ranked #1 in the country. March 16, 2016 at 12:44 pm. By JJ Kim, Assistant Sports Editor November 18, 2019. The younger Smith coached linebackers under his father from 2019 until … Rod will get an additional $50,000 next year. He was hired as defensive coordinator at his Big Sandy alma mater in 1980. Lovie Smith has a 9-27 record through three seasons at Illinois and just completed a second straight last-place finish in the Big Ten's West Division. He was born in 1950s, in the middle of Baby Boomers Generation, and in the Year of the Dog. However, the buyout over the final two years dropped to a flat $1 million. Saban is a close second as he will make $8.85 million and Harbaugh rounds out the top three with a total salary of $7.5 million this year. Smith's annual compensation in his final two years of the deal remains the same as it is for years 3-6: $4 million. A look into Lovie Smith's net worth, money and current earnings. Back in late November, coming off a 4-8 season, Illinois announced that they were extending the contract of head coach Lovie Smith. And after a heartbreaking loss to Eastern Michigan early this season that started a four-game losing skid, the heat under Smith’s seat was hotter than ever. After 2019: $4 million Lovie Lee Smith salary is $5 Million Lovie Lee Smith Wiki Biography Lovie Lee Smith was born on 8 May 1958, in Gladewater, Texas, USA, and is an American Football coach, best known as the head coach of the University of Illinois at Urbana-Champaign. Playoff semifinal win: $125,000 Smith is the 10th highest-paid coach in the Big Ten, despite only eight conference victories during his tenure as head coach, including an 0-9 conference record in 2017. 12, Tom Allen: $3,770,000. He was approved for $4 million, to be exact. No. No. Smith's annual base salary doesn't change over the five remaining years ($4 million), nor do the bonuses, among them: Big Ten Championship appearance: $50,000 Big Ten Championship: $100,000 University of Illinois. Lovie Smith contract and salary cap details, full contract breakdowns, salaries, signing bonus, roster bonus, dead money, and valuations. This figure includes base salary along with automatically vesting bonuses for various reasons such as length of service, marketing, public appearances, public relations, team apparel/equipment sponsorships, etc. We knew that Lovie Smith was going to have himself a healthy budget to hire a coaching staff. The constant turnstile of the coaching carousel and the continuous changes of a team’s narrative seemingly overnight is a part of what makes the sport so popular. According to Tom Pelissero of the NFL Network, the Texans are expected to hire former Illinois linebackers coach Miles Smith, the son of new Texans defensive coordinator Lovie Smith. Find out what you should earn with a customized salary estimate and negotiate pay with confidence. 14, Mike Locksley: $2,474,750. 2019 salary: $4.25 millionKentucky isn’t exactly a football powerhouse, but Mark Stoops is making it respectable. According to USA Today, the other Big Ten coaches ahead of Smith from highest paid to lowest, include Michigan’s Jim Harbaugh, Purdue’s Jeff Brohm, Penn State’s James Franklin, Northwestern’s Pat Fitzgerald, Nebraska’s Scott Frost, Iowa’s Kirk Ferentz, Ohio State’s Ryan Day, Michigan State’s Mark Dantonio and Wisconsin’s Paul Chryst. 2021: $1 million Lovie Smith was born in Texas, United States on Thursday, May 8, 1958. He signed a six-year, $21 million contract with Illinois that will pay him $2 million annually in 2016 and 2017, $3 million in 2018, $4 million in 2019 and $5 million in 2020 and 2021… 6 Wisconsin Badgers as 30.5 point underdogs, marking the Big Ten’s greatest upset since 1982. We track celebrity net worth so you don't have to. Big Ten Championship: $100,000 His buyout for the next two years also doesn't change. Smith's base salary dropped from $5 million which had a made him the highest paid public employee in the state of Illinois in 2018. 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