BLOOMINGTON – Tom Allen delivered on his breakthrough promise, and the administrators at Indiana have now repaid the favor.
It was announced Friday morning that Allen and the university have agreed to a seven-year contract, running through November 2026, with an average annual compensation of $3.9 million.
The deal makes Allen the highest-paid employee at Indiana University, and is a show of faith from Athletic Director Fred Glass and IU President Michael McRobbie, who were both on hand to witness IU's final win of the regular season at Purdue.
“In guiding his players through a breakthrough season that will culminate in an upcoming bowl game, recruiting several of the most talented classes in the history of IU football and working tirelessly to create a winning culture in Bloomington, he has built a foundation for many years of success in competing with the Big Ten's best,” McRobbie said of Allen in a news release.
While the contract is still being finalized, several notable terms of it have been released.
Of the contract's $27.3 million value, 100% of the total compensation is guaranteed for the first three years, and 50% is guaranteed for the last four years.
This guarantees Allen nearly $20 million.
For each year that IU qualifies for a bowl game, a year is added back to the contract term, although the contract can never exceed a seven-year term.
A total of $500,000 was also added to the salary pool for assistant coaches, strength and conditioning coaches and operations personnel.
While Indiana has completed significant renovations to Memorial Stadium during Allen's time as head coach, Friday's announcement marked the most significant display of the school's long-term commitment to Allen.
“When I hired Tom to be our head football coach, I said I was doing so because he is a leader of men who is demanding without being demeaning, and a proven, successful coach on a national scale with deep Indiana ties who cares about his players, and they care back,” Glass said in the release. “In his three seasons he has proven to be all of that and more, which is why I believe the future of Indiana Football is in great hands.”
Allen was named the head coach prior to IU's bowl game in 2016. He has an 18-19 career record at IU.
This season marks his first winning season in charge, after consecutive 5-7 campaigns in 2017 and 2018.
The 2019 season also brought national college football attention to Bloomington.
For only the sixth time in the last 50 years, the Hoosiers had a winning record (5-4) in conference play. IU was nationally ranked for the first time in 25 years, snapping the longest drought among Power Five programs in the country.
His 2019 recruiting class was the highest-rated in IU football history, and several members of it such as offensive lineman Matthew Bedford, running back Sampson James and defensive back Tiawan Mullen have played large roles in Indiana's 8-4 record, its best regular-season mark since 1993.
“We have a tremendous group of players, I am proud to be their head coach, and I am 100 percent committed to their success on the field, in the classroom and in life,” Allen said in the release.
“It's no secret Indiana University is a special place to me. I was born a Hoosier, raised a Hoosier and I am thrilled with the opportunity to remain a Hoosier for a long, long time to come.”