Kirby Smart secures $1 million bonus with Georgia's national championship win over TCU

Prior to the 2022 season, Georgia signed Kirby Smart to a massive new contract, which included plenty of incentives. He hit a big one Monday night in grand fashion.

The Bulldogs knocked off TCU in the College Football Playoff national championship 65-7 at SoFi Stadium in Los Angeles. By leading Georgia to its second consecutive national title, Smart earned himself another $1 million, according to Front Office Sports.

It was quite a way to earn a big payday.

Kirby Smart's new contract at Georgia is worth $112.5 million.

He just added $1 million more this season by winning the National Championship. pic.twitter.com/jHHP3oiO2F

— Front Office Sports (@FOS) January 10, 2023

Georgia dominated TCU in every facet of Monday’s title game en route to the 58-point victory. The Bulldogs got another all-time performance from Stetson Bennett, who threw for 304 yards and four touchdowns in the air while rushing for two touchdowns on the ground, to win his second straight title.

More details on Kirby Smart’s contract extension at Georgia

In July, Georgia announced Smart signed the 10-year, $112 million contract — keeping him at his alma mater for the next decade.

“The University of Georgia Athletic Association and head football coach Kirby Smart have agreed to a contract extension through the 2031 season,” the statement read. “Under the new agreement, Coach Smart’s annual base salary and supplemental compensation for the upcoming 2022 campaign will be $10,250,000 with annual increases, culminating at $12,250,000 for the 2031 season.”

Additionally, Chris Low of ESPN put into context just how much Smart will be making under his new deal.

“Sources tell ESPN that @GeorgiaFootball coach Kirby Smart has agreed to a new 10-year deal worth a total of $112.5 million, making him one of the highest paid coaches in college football,” Low said.

Athletic director Josh Brooks also shared his excitement to sign Smart to the extension.

“Coach Smart’s impact on the University of Georgia extends far past his significant accolades as our head football coach,” Brooks said. “He and his wife are Bulldogs through and through, and it is evident that Athens and UGA mean as much to him as he means to us. I am excited for our football program’s continued success under his direction.

“The future of Georgia Football remains bright with Coach Smart as its steadfast leader.”

On3’s Steve Samra contributed to this report.