Indiana football coach Tom Allen has agreed a new seven-year contract during the 2027 season that will pay him an average salary of $ 4.9 million a year, the school announced Monday.
Allen, who signed during the 2026 season, added one more year to his contract after the appearance of the Gator Bowl in Indiana. His average annual salary had been $ 3.9 million, but he will raise $ 1 million under the new agreement.
The increases come from Allen’s external marketing and promotion revenue, which adds up to $ 500,000 in annual salary and $ 500,000 in deferred compensation.
The national coach of the year of the Big Ten Coach of the Year and American Football Coaches Association of the Year will earn $ 4.3 million in 2021. His salary will increase by $ 200,000 annually throughout the contract, exceeding 5 , $ 5 million. He will continue to receive one more year of contract for each future appearance of the bowl, with a salary of $ 100,000 more than the last year of the agreement.
Allen, 50, is 24-22 in Indiana with consecutive bowl appearances, a 14-7 record since 2019 and a No. 12 poll last season. He arrived as Indiana’s defensive coordinator in January 2016 and replaced Kevin Wilson as head coach on December 1 of that year.
If Allen left Indiana for another job before Dec. 1, he would owe him all of the remaining compensation to Indiana. Its purchase is reduced to 50% of its remaining compensation for the following year and then reduced to $ 4 million, $ 3 million, $ 1 million and $ 500,000 the following years.
Indiana would owe Allen all of his remaining compensation if he fired the coach without cause before December 1, 2024. The school owed Allen 50% of his remaining compensation in the last three years of the school year. agreement and 100% of their compensation for years addressed in future contract extensions.
Allen is a native of New Castle, Indiana, and was a longtime high school coach in Florida and Indiana before joining the college ranks in 2007.