Clemson head football coach Dabo Swinney is going to get paid, and he is going to get paid a lot.

The Clemson University Board of Trustees Compensation Committee approved a contract on Tuesday that makes the Tigers’ coach the eighth highest paid head coach in College Football. The BOT approved to pay Swinney $32.025 million over the next six years, including signing and retention bonuses.

The Clemson head coach can make up to $1.625 million in incentive bonuses each year as well.

Swinney will get a $1 million raise this year, bumping his salary up to $4.55 million, which moves him up from No. 24 on the coaches’ salaries list to No. 8. Alabama’s Nick Saban is No. 1 ($7.08 million), followed by Michigan’s Jim Harbaugh ($7.0 million), Ohio State’s Urban Meyer ($5.86 million), Oklahoma’s Bob Stoops ($5.4 million), Florida State’s Jimbo Fisher ($5.15 million), Texas’ Charlie Strong ($5.1 million) and Texas A&M’s Kevin Sumlin ($5.0 million).

“You are looking at a market where very few individuals are incredibly successful at their craft and we have one on our campus and we want to make sure he stays here,” Clemson athletic director Dan Radakovich said.

Under Swinney, the Tigers are 75-27 (.735 win percentage) since 2008, which includes five straight 10-plus win seasons as well as two ACC Championships, a berth in the College Football Playoff, two Orange Bowl victories as well as playing in the 2015 National Championship Game.

Clemson finished No. 2 nationally at the end of last season–the second highest finish in school history–and has been ranked in top 10 two other times. Over the last five seasons, the Tigers are 56-12 and spent much of last season ranked No. 1 in the country. The first time that has happened since 1981.

This is the second time in two years Swinney has been given a new deal. In 2014, he signed an eight-year deal that paid him $3.5 million in 2015 with bonus incentives that paid in the neighborhood of $1 million extra.

Put given the fact the Tigers won another ACC Championship, won another Orange Bowl, beat Oklahoma twice and played for a National Championship, Radakovich felt Swinney and his coaches deserved to be awarded for their success.

“We have performed incredibly well since 2014, that’s the number one reason,” Radakovich said. “I think as we look at Coach Swinney and all of the things he had his staff have done, and that has allowed us an organization to grow. He is an integral part of that.

“We made sure we were rewarding him and keeping him in the elite level of college head football coaches in the country. I think this contract does that.”

The Clemson Board of Trustees approved a pay raise for every member of Swinney’s coaching staff last month as well as other staff personnel. In all, the Clemson football coaches, excluding Swinney, will make a combined $5.3 million this year, which is an increase of more than a million dollars from the previous year.

“We are making great investments in the football program right now,” Radakovich said. “Certainly, the football operations center is looking to be finished next year. That is a great investment on where we need to go as an athletics program and our football program.

“We are excited about the opportunities and things that are moving ahead and we wanted to make sure we are doing it with Coach Swinney.”

Swinney is scheduled to make $4.5 million this year, though his annual compensation for 2016 will be pro-rated for the rest of the year. In 2017, he is scheduled to make $4.8 million, $5.05 million in 2018, $5.25 million in 2019, $5.45 million in 2020 and $5.65 million in 2021.

Here are the details from Swinney’s term sheet:

Base + supplemental + licensing
2016 4.55 million prorated
2017 4.8 million
2018 5.05 million
2019 5.25 million
2020 5.45 million
2021 5.65 million

Signing bonus

$250,000

Retention bonus:

January 1, 2019: $600,000

January 1, 2021: $400,000

Bonuses available
10 wins $100,000
11 wins $150,000
12 wins $200,000
Top 5 $200,000
Top 10 $100,000
Top 15 $50,,000

Bonuses available for all seasons
ACC Championship game appearance $50,000
ACC Championship winner $75,000
Bowl other than CFP $75,000
CFP non-semi final appearance $200,000
CFP non-semi final winner $100,000
CFP semi-final appearance $400,000
CFP final appearance $400,000
CFP champion $100,000

APR > 950 $75,000
APR > 975 $100,000

University buyout if they terminate without cause
2016 $20,000,000
2017 $20,000,000
2018 $18,000,000
2019 $14,000,000
2020 $9,000,000
2021 $4,000,000

Swinney’s buyout if he leaves
2016 $6,000,000
2017 $5,000,000
2018 $4,000,000
2019 $3,000,000
2020 $2,000,000
2021 $1,000,000

Photo Credit: Joshua S. Kelly-USA TODAY Sports