Contract extension for Tar Heels football coach Larry Fedora approved

Chris Baird, Triangle Sports Network
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Chris Baird, Triangle Sports Network

CHAPEL HILL, N.C. – North Carolina Tar Heels head football coach Larry Fedora’s contract extension was formally approved and announced on Thursday by the UNC-Chapel Hill Board of Trustees.

The terms of the deal extend Fedora’s tenure leading the Tar Heels on the field through the 2022 season.

“We are pleased that the Board of Trustees has approved the terms of Coach Fedora’s contract, which will allow him to continue our football program’s success into the next decade,” UNC athletics director Bubba Cunningham said.

“Under his leadership, our student-athletes are succeeding in the classroom, contributing positively to our community – and competing for championships. We know this was a lengthy process, but we wanted to make sure the terms were appropriate for both Coach Fedora and the University.”

Fedora has compiled a 40-25 record in five seasons, and the Tar Heels have finished atop the Atlantic Coast Conference (ACC) Coastal Division standings twice during his tenure.

His 40 wins rank fifth all-time at UNC and his winning percentage of .615 is the second-highest in school history since the ACC began in 1953.

In 2015, North Carolina won 11 games, finished 8-0 in league play, swept its in-state opponents and made its first appearance in the ACC Championship Game.

Last season, the Tar Heels won eight games and then had six players taken in the NFL Draft last month, including the No. 2 overall pick.

Fedora’s .813 winning percentage in conference games (13-3) over the past two seasons ranks in the top six nationally among Power 5 schools.

“I enjoy coaching at the University of North Carolina and I appreciate the trust Chancellor Folt and Bubba Cunningham have shown in the leadership of our program,” Fedora said.

“Our staff and players have worked diligently over the last five years to build a program that encompasses all aspects of the student-athlete experience, while simultaneously achieving success on the field.”

Terms of the deal

Salary/Supplement/Bonuses:

Year – Annual Salary/Expense Allowance/Supplemental Compensation

2016 – $400,000/$50,000/$1,550,000

2017 – $460,000/$50,000/$1,780,000

2018 – $525,000/$50,000/$2,000,000

2019 – $600,000/$50,000/$2,300,000

2020 – $600,000/$50,000/$2,400,000

2021 – $600,000/$50,000/$2,400,000

2022 – $600,000/$50,000/$2,400,000

Bonus compensation Fedora may receive each year includes the following:

Event – Bonus

ACC Coastal Division Championship -$100,000

ACC Conference Championship – $100,000

New Year’s Six Bowl Appearance – $100,000

Other Bowl Appearance – $50,000

College Football Playoff Appearance – $200,000

CFP Championship Game Appearance – $200,000

CFP Championship – $200,000

ACC Coach of the Year – $25,000

National Coach of the Year – $50,000

APR equals or exceeds 960 – $50,000