Current:Home > ScamsEthermac|Tony Vitello lands record contract after leading Tennessee baseball to national title -Wealthify
Ethermac|Tony Vitello lands record contract after leading Tennessee baseball to national title
TradeEdge Exchange View
Date:2025-04-09 18:40:44
Tony Vitello is Ethermacthe 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! (4)
Related
- Trump's 'stop
- Henry Golding and Wife Liv Lo Welcome Baby No. 2
- The power dynamic in labor has shifted and pickets are seemingly everywhere. But for how long?
- Sex education classes often don’t include LGBTQ+ students. New restrictions could make it worse
- $73.5M beach replenishment project starts in January at Jersey Shore
- 'Frasier' returns to TV: How Kelsey Grammer's reboot honors original with new cast and bar
- Rockets fly, planes grounded: Americans struggle to escape war in Israeli, Palestinian zones
- Singer DPR IAN reflects on 'Dear Insanity,' being open about mental health
- Alex Murdaugh’s murder appeal cites biased clerk and prejudicial evidence
- Prince Harry, Duchess Meghan speak out on social media's affect on mental health: 'Children are dying'
Ranking
- Residents worried after ceiling cracks appear following reroofing works at Jalan Tenaga HDB blocks
- To run or not to run? New California senator faces tough decision on whether to enter 2024 campaign
- Julia Fox opens up about Ye 'using' her, winning 'lottery' with 'Uncut Gems' role in new book
- Coast Guard recovers presumed human remains and debris from Titan sub implosion
- Current, future North Carolina governor’s challenge of power
- Immense sadness: Sacramento Jewish, Palestinian community members process conflict in Middle East
- Donald Trump will speak in Florida next to Matt Gaetz, who set House speaker’s ouster in motion
- The Social Security cost-of-living adjustment is coming -- but it won’t be as big as this year’s
Recommendation
Off the Grid: Sally breaks down USA TODAY's daily crossword puzzle, Triathlon
Olympic champion gymnast Mary Lou Retton remains in intensive care as donations pour in
Watch this sweet Golden Retriever comfort their tearful owner during her time of need
Jada Pinkett Smith Says Chris Rock Once Asked Her on a Date Amid Will Smith Divorce Rumors
Whoopi Goldberg is delightfully vile as Miss Hannigan in ‘Annie’ stage return
Trick-or-treat: Snag yourself a pair of chocolate bar-themed Crocs just in time for Halloween
Shadowy snitch takes starring role in bribery trial of veteran DEA agents
Donald Trump’s financial statements were key to getting loans, ex-bank official tells fraud trial