Matt Campbell, the head coach of the Iowa State Cyclones, is under contract with the university until the conclusion of the 2028 season. He has a substantial base salary of $3.5 million per year, further enhanced by the potential to earn up to an additional $500,000 in performance bonuses. These bonuses are contingent on various factors, encompassing winning percentage, bowl game appearances, and Big 12 Championship Game participation.
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Matt Campbell Yearly Salary and Comparison
Matt Campbell’s cashing in a hefty $4 million each year, putting him in the upper echelons of the Big 12 coaching ranks.
Alright, the fun stuff – bonuses! Campbell’s contract has this little cherry on top that could see him pocket an extra half a million clams each year. But there’s a catch. He’s got to meet certain conditions:
Winning percentage – cash starts flowing at $100,000 for seven wins and climbs up to $300,000 if they bag eleven or more victories.
Bowl games – that’s another $50,000 for each of those.
Big 12 Championship Games – each appearance scores him an extra $100,000.
Salary Progression Over the Years
Let’s rewind a bit and talk about how Campbell’s paycheck has grown over time. Back in 2016, when he first took the reins as the Cyclones’ head honcho, he was looking at a deal worth $2 million annually. Fast-forward to 2017, and he locked in a six-year extension worth a whopping $22.5 million. And then, in 2021, he signed another contract with a handsome $4 million yearly salary.
Comparison with Peers
In the world of Big 12 coaching salaries, that $4 million annual paycheck of Campbell’s is pretty darn impressive. Just two other head coaches in the conference, Mike Gundy at Oklahoma State and Brent Venables at Oklahoma, are taking home a bit more, banking $4.5 million.
Is Matt Campbell’s Iowa State Current Salary Justifiable?
Matt Campbell is the highest-paid head coach in Iowa State’s history, making $4 million annually, which positions him among the top 15 highest-paid head coaches nationally.
Several factors determine whether a coach’s salary is warranted, including on-field success, the team’s budget, and conference coach salaries.
Campbell’s on-field track record at Iowa State is impressive. He has led the Cyclones to four bowl games in seven seasons, with two Big 12 Championship Game appearances and a 2020 Big 12 Coach of the Year award.
Iowa State has a relatively smaller budget compared to other Power Five schools, but they’ve invested in their football program with a $60 million training facility in 2018.
Compared to other Big 12 coaches, Campbell’s salary is in line with the top coaches in the conference. For instance, Mike Gundy of Oklahoma State and Brent Venables of Oklahoma earn $4.5 million each year.
Conclusion
Now, that generous paycheck isn’t just about the dollars. It’s a big thumbs-up to the man who’s transformed the Cyclones from underdogs to top contenders in the Big 12. It’s also a sign that Iowa State is in it for the long haul with Campbell, recognizing his pivotal role in making the team a force to be reckoned with. So, there you have it, the lowdown on Matt Campbell’s contract and those big, juicy numbers that go along with it.
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