Scott Satterfield’s Cincinnati Contract: Salary, Buyout, & Bonuses

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Andrew Doughty @DoughtyBetMGM Dec 12, 2022, 10:26 AM
  • Scott Satterfield went 25-24 in four years at Louisville.
  • He signed a six-year deal at Cincinnati.
  • Satterfield's buyout terms change after 2025.

Scott Satterfield and his agent, Jimmy Sexton, met with Louisville athletics director Josh Heird on Nov. 27, two days after Satterfield’s fourth season ended with a 13-point loss to Kentucky, his 24th loss in 49 games over four seasons as Cardinals’ head coach.

Approaching the final two years of a six-year deal worth approximately $3.25 million in annual base salary, Satterfield requested an extension, according to Sports Illustrated’s Pat Forde. He didn’t get one.

Eight days later, Satterfield was introduced as Cincinnati head coach, signing a six-year contract that runs four years beyond his Louisville deal.

Scott Satterfield’s Contract Details

Scott Satterfield’s Cincinnati contract runs from Dec. 5, 2022, through Dec. 31, 2028, i.e., a six-year deal through the 2028 football season. 

The agreement includes an annual base salary of $250,000 and annual supplemental compensation that starts at $3.25 million and increases by $100,000 each year. His total compensation:

  • 2023: $3.5 million
  • 2024: $3.6 million
  • 2025: $3.7 million
  • 2026: $3.8 million
  • 2027: $3.9 million
  • 2028: $4 million

The contract includes $7.25 million in total staff pay – not including head coach compensation – for 2023. 

Satterfield’s “other compensation and benefits” include, among other items, a one-time $35,000 relocation stipend, car, annual “business entertainment allowance” of $10,000, and a golf club membership.

Cincinnati also paid a $3.5-million buyout to Louisville to terminate Satterfield’s contract.

Scott Satterfield’s Bonuses

Scott Satterfield’s max bonus for on- and off-the-field performance in 2023 is $1 million:

He’ll earn $75,000 for an ACC regular-season title (shared or outright) and another $75,000 for winning the ACC Championship game.

Reaching a New Year’s Six bowl or a bid in the College Football Playoff pays $250,000. Winning the national championship pays $500,000. And any other bowl appearance is worth $75,000.

Winning National Coach of the Year is $50,000, while ACC Coach of the Year is $25,000.

A multi-year NCAA APR score of 985 is worth $25,000

Scott Satterfield’s Buyout

If fired without cause on or before Dec. 31, 2025, Satterfield is owed 100% of his remaining base salary and supplemental compensation.

If fired, for example, after two seasons as head coach, he’d be owed approximately $15.4 million, i.e., 100% of total compensation for 2025-2028 plus prorated compensation for the remainder of 2024.

If fired without cause between Jan. 1, 2026, and Dec. 31, 2028, Satterfield is owed 70% of his remaining base salary and supplemental compensation.

If fired, for example after four seasons as head coach, he’d be owed approximately $5.5 million, i.e., 70% of his total compensation for 2027-28 plus prorated compensation for the remainder of 2026.

If Satterfield terminates the contract, he owes the following amounts to Cincinnati (on or before these dates):

  • Dec 31, 2023: $8 million
  • Dec. 31, 2024: $8 million
  • Dec. 31, 2025: $4 million
  • Dec. 31, 2026: $2.5 million
  • Dec. 31, 2027: $1.5 million
  • Dec. 31, 2028: $1 million

If fired with cause, the contract is terminated, and Cincinnati isn’t obligated to make further payments of any kind.

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About the Author

Andrew Doughty

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Andrew Doughty is a writer for BetMGM with a focus on college football, NFL, college basketball, and NASCAR. A graduate of the University of Kansas, he previously wrote for Sports Illustrated and HERO Sports.

Andrew Doughty is a writer for BetMGM with a focus on college football, NFL, college basketball, and NASCAR. A graduate of the University of Kansas, he previously wrote for Sports Illustrated and HERO Sports.