After leading the Ducks to the #1 spot in college football for most of last season, Dan Lanning and Oregon have reportedly agreed to an amended deal that comes with a significant pay day.
Yahoo Sports shares that Lanning has agreed to an amended 6-year deal taking him through the 2030 season.
After turning away interest from Alabama following the retirement of Nick Saban, Lanning inked an extension after a 10-3 debut season in Eugene.
His original deal ran for six years at just over $29 million, and the extension last year took his pay from $4.7 million to a base salary of $7.2 million for the 2024 season. When he hit the 10-win mark last fall, the salary increased to $8.4 million.
The latest amended deal is fully-guaranteed and averages nearly $11 million that puts him among the highest paid coaches in college football.
Fully guaranteed deals are very rare in college football, with the most recent high profile example being Texas A&M luring Jimbo Fisher away from Florida State back in 2018 with a fully-guaranteed deal. After leading the Ducks to the Big Ten title last season, Lanning's young resume at Oregon has already surpassed Fisher's accomplishments in College Station.
Ross Dellenger adds that Lanning's buyout in the newly amended contract remains unchanged at $20 million.
The new contract will go in front of Oregon's board for formal approval tomorrow.
After being hired as a first-time head coach in his mid-30's just a few seasons ago, Lanning has put together an impressive 35-6 record in three seasons and will once again lead a team this fall that will be favorite to return to the College Football Playoff and contend for a national title after replacing some key players on both sides of the ball.
Stay tuned to The Scoop for the latest.