Financial details to Dan Lanning's Oregon contract revealed

New Oregon Ducks head coach Dan Lanning is on a six-year, $29.1 million deal with his new program, according to documents released by the school.

The $29.1 million over six years gives the former Georgia defensive coordinator an average annual salary of $4.85 million. The base pay begins at $4.6 million in 2021. By Year Six, Lanning will net $5.1 million. The sum is more than double what he made in Athens but it’s outside of the top four in the Pac-12.

According to the university, Lanning’s salary currently ranks 27th in the nation. In December of 2020, his predecessor Mario Cristobal received a new six-year, $27.3 million deal. Cristobal is now on a 10-year, $80 million contract at Miami.

The new head Duck’s contract is also heavily incentive-laden. For example, if the team reaches a bowl game, Lanning will receive a $100,000 bonus. It’s $150,000 for a NY6 bowl game, $250,000 for a CFP semi and $500,000 for a championship appearance. He also receives a $200,000 bonus for wins 10-13 in a season. If he earns the Pac-12 coach of the year title during his tenure, he’ll receive $25,000, which increases to $50,000 for the AP coach of the year award.

Dan Lanning's contract at Oregon: 6 yrs, $29.1m + incentives pic.twitter.com/qMrGmY3W62

— Jared Mack (@Jared_Mack7) December 14, 2021

Lanning will still serve as Georgia’s defensive coordinator in the College Football Playoff semifinal game against Michigan.

When he begins at Oregon, Lanning will become the third new head coach in the Pac-12, joining Washington’s Kalen DeBoer and Washington State’s Jake Dickert.

Lanning on ‘fit’ at Oregon

At his introductory press conference on Monday, Dan Lanning went in-depth on what made Oregon the right fit for him.

“Why Oregon? First most, the Oregon players,” Lanning said. “There is a team here that I feel really strong about. There’s an alignment here that I feel really strong about. The resources, the support from administration, the fact that this place is a perennial winner. Eugene and this community, its fan base and a place that I can say I’m going to be proud to raise my family. A place that takes tremendous pride in their program. Those things all matter to me.”

Lanning is looking to build sustained success as Oregon’s new head coach. He isn’t interested in one-hit wonders.

“I want to be really clear. My job here is to build a winner,” Lanning said. “And this is not going to be a one-hit wonder. We have to build the right way. It takes every single one of us. This program is staged to compete and to win championships. We won’t shy from expectations and our goal is to compete for national championships here. But I won’t sit here and spend all my time talking about national championships. We’re going to be methodical in our approach.

“We’re going to focus on the process, we’re going to compete to a standard every day. The Oregon standard. We will build on the foundation that has already been established here and we’ll create those championship teams. But just as important as creating championship teams, we’re going to create championship fathers. We’re going to create championship husbands, we’re going to create championship men that the University of Oregon and our alumni fan base can be proud of.”