Current:Home > MyAlgosensey|Tony Vitello lands record contract after leading Tennessee baseball to national title -MoneyStream
Algosensey|Tony Vitello lands record contract after leading Tennessee baseball to national title
Poinbank Exchange View
Date:2025-04-10 16:59:34
Tony Vitello is Algosenseythe highest-paid coach in college baseball after signing a historic contract following a historic Tennessee baseball season.
Vitello will earn $3 million annually after signing a record-setting five-year contract with Tennessee on Friday following the Volunteers winning the first national title in program history. He is the first college baseball coach known to make $3 million annually. The deal runs through June 30, 2029, and includes a $250,000 signing bonus based on the contract announced by Tennessee and athletics director Danny White.
"Tony and his staff have developed the country's top baseball program, and we are excited to announce this long-term extension to keep Tony on Rocky Top," White said in a school release.
Vitello is receiving a $200,000 bonus for winning the 2024 College World Series, which replaces the $140,000 bonus he was due based on his prior contract. The updated contract indicates that Tennessee and Vitello agreed to a new contract that went into effect on May 31, 2024, but that deal was never announced.
"We wanted to take care in solidifying what we knew was inevitable, that being our athletic department and coaching staff wanting to be teammates for a long time," Vitello said in a school release.
Vitello, who has taken Tennessee to the College World Series in three of the past four seasons, has a 295-112 record at the school. The Vols have the most wins in the country in the past five seasons with 226 and became the first SEC team in history to win 60 games in 2024. They have a national-leading .779 winning percentage in that five-year span. They have won at least 50 games in three of the past four seasons.
Tennessee has won two SEC regular-season titles and a pair of SEC Tournament title under Vitello. It swept the conference crowns in 2022 and 2024. Vitello swept national coach of the year awards from D1Baseball, Baseball America and the American Baseball Coaches Association after Tennessee won the CWS.
Tony Vitello contract, salary details with Tennessee baseball
Vitello, 45, doubled his previous contract after leading the Volunteers to the best season in program history and will earn more annually than his entire initial Tennessee contract was worth over five years.
No SEC coach at a public school earned more than $2 million in 2024. Vanderbilt coach Tim Corbin's salary is not subject to public record due that is a private school.
New Texas coach Jim Schlossnagle, who bolted from Texas A&M after the Vols beat the Aggies for the CWS title, signed a seven-year contract that will pay him $2.68 million annually in each of the final five years of the deal, according to the Austin American-Statesman. His salary is $1 million for the first two years of the contract, a figure set to offset the buyout Texas paid to Texas A&M to hire Schlossnagle.
Vitello agreed in July 2021 to a contract extension and raise that was set to pay him $1.5 million annually before incentives through June 2026. The contract was worth $7.5 million over five years.
Vitello received an extension and raise worth an average of $621,000 pre-incentives per season following the 2019 season. That deal was worth $3.105 million before incentives and was slated to run through the 2024 season.
His original contract in 2017 was a five-year deal with an annual average compensation of $493,000.
Tennessee hired Vitello in 2017 after a successful stint as an assistant coach at Arkansas. He also had been an assistant coach at TCU and Missouri, where he played before entering coaching in 2003. The Vols went 29-27 in his first season, then went 40-21 and reached the NCAA Tournament in 2019 to end a 14-year drought. It has been a national power in the five years since.
Tony Vitello bonus structure, buyout language
Vitello's new deal included an increased bonus structure. He can earn a maximum bonus of $200,000 in a season, which he gets for winning the national title.
He would earn $160,000 for reaching the College World Series finals, $140,000 for getting the Vols to the College World Series, $120,000 for Tennessee hosting a super regional as a top-eight national seed, $100,000 for a super regional appearance, $80,000 for an SEC regular-season or tournament championship, $60,000 for hosting a regional as a top-16 national seed, or $40,000 for reaching a regional.
Vitello earns one of those bonuses based on the highest achievement for the team.
If Tennessee fires Vitello without cause during the term of the contract, it owes him the entire remainder of his contract. Vitello would owe the university $4 million if he leaves before June 30, 2025. That number drops by $1 million for each of the following two seasons, then to $800,000 from July 1, 2027 through June 30, 2028. It drops again to $400,000 from July 1, 2028 through June 30, 2029.
Vitello's buyout for leaving Tennessee is cut in half if White is no longer the athletics director.
veryGood! (5)
Related
- All That You Wanted to Know About She’s All That
- Ukraine's nightlife is thriving despite Russia's war, even where it has had to rise from the ashes
- Trump allies charged with felonies involving voting machines
- Canadian Prime Minister Justin Trudeau and his wife announce their separation
- North Carolina trustees approve Bill Belichick’s deal ahead of introductory news conference
- General Motors starts shipping Chevy Blazer EV, reveals price and range
- Mega Millions jackpot for tonight's drawing increases to estimated $1.1 billion
- UAW to show list of economic demands to automakers this week, will seek worker pay if plants close
- Chuck Scarborough signs off: Hoda Kotb, Al Roker tribute legendary New York anchor
- NYPD: Body of missing Manhattan man pulled from creek waters near Brooklyn music venue
Ranking
- Juan Soto to be introduced by Mets at Citi Field after striking record $765 million, 15
- Progress made against massive California-Nevada wildfire but flames may burn iconic Joshua trees
- Pre-order the new Samsung Galaxy Watch 6 right now and save up to $300 via trade-in
- Canadian Prime Minister Justin Trudeau and Wife Sophie Grégoire Separate After 18 Years of Marriage
- The Grammy nominee you need to hear: Esperanza Spalding
- Expenses beyond tuition add up. How college students should budget to stretch their money.
- Man charged with drunken driving in wrong-way Washington beltway crash that killed 1, hurt 9
- Judge denies bond for woman charged in crash that killed newlywed, saying she's a flight risk
Recommendation
Pressure on a veteran and senator shows what’s next for those who oppose Trump
America Ferrera Dressed Like Barbie Even Without Wearing Pink—Here's How You Can, Too
Too Hot to Handle’s Georgia Hassarati Calls Out Ex-Boyfriend Harry Jowsey for Cheating Allegations
Russian drone strikes on the Odesa region cause fires at port near Romania
Highlights from Trump’s interview with Time magazine
Robot manicures and eyelash extensions: How A.I. is attracting new beauty industry customers
Steve Jobs' son starting investment firm to focus on new cancer treatments, per report
Houston Astros' Framber Valdez throws season's third no-hitter