Bobby Petrino has an estimated net worth of $9 million as of 2023. Petrino has been a coach for more than four decades, beginning as a graduate assistant in 1983. He made the most of his money as an offensive coordinator, wide receiver, quarterback, tight end coach, and head coach for many NCAA and NFL clubs. Bobby just returned to Arkansas as offensive coordinator after an 11-year absence.
Robert Patrick Petrino is an American football coach who currently serves as the Arkansas Razorbacks’ offensive coordinator. He graduated from Capital High School and attended Carroll College for his college studies while growing up in Helene. He was a quarterback for the Fighting Saints at Carroll and started working as a graduate assistant under his father. Furthermore, throughout his coaching career, he has led his collegiate teams to nine bowl games and six AP top-25 finishes.
Bobby Petrino’s Salary, Contract, and Earnings
His previous coaching career was inconspicuous. Bobby rose to prominence after signing with the NFL’s Jacksonville Jaguars in 1999. He joined Louisville as head coach after two seasons with the Jaguars and a stint with Auburn (OC), earning roughly $1 million per year. Later, in 2006, the head coach received a $600,000 raise in his prior pay as part of a 10-year/$25.6 million contract extension. Petrino, however, took a head coaching post and a five-year/$24 million contract with the Atlanta Falcons less than six months into his new contract. Bobby withdrew from the Falcons after just thirteen games. then, he negotiated a five-year, $2.85 million-per-year contract with Arkansas, which was then extended to seven years before signing.
However, his contract was terminated due to an adulterous affair with an athletic department employee. Following that, he joined Western Kentucky, signing a four-year deal with an annual basic pay of $850,000 and a $1.2 million guarantee. Petrino was sent to Louisville for a second time. This time, he was offered $24.5 million over seven years with a $10 million buyout provision.
After Louisville, he signed a five-year contract at Missouri State that paid him $250,000 per year. Petrino received a one-year deal and a $25,000 increase shortly after reaching the playoffs. After just one season, the football coach departed Missouri State to become the offensive coordinator at UNLV. However, the freshly recruited UNLV offensive coordinator quickly joined Texas A&M. On November 29, 2023, Arkansas announced the return of its former coach, Bobby Petrino, as offensive coordinator.
Second Stint With Arkansas
Bobby Petrino agreed to a two-year deal that will begin on December 3 and go until February 28, 2026. Petrino will be paid $350,000 until the end of February, following which a new contract year will begin. He’ll get $1.5 million in 2024 and $1.6 million in 2025. Incentives in the form of incentives range from $20,000 for winning the SEC title to $125,000 for winning the national championship. A $2,000 Nike gear stipend, membership in one of two nearby country clubs, and a $7,200 car allowance are all included.
Categories: Biography
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