Bobby Petrino has an estimated net worth of $9 million as of 2023. Petrino has been a coach for over four decades, starting as a graduate assistant in 1983. He has made the most of his money as an offensive coordinator, wide receiver, running back, tight end coach and head coach of many NCAA and NFL clubs. Bobby just returned to Arkansas as the offensive coordinator after an 11-year absence.
Robert Patrick Petrino is an American football coach who currently serves as the offensive coordinator of the Arkansas Razorbacks. He graduated from Capital High School and attended Carroll College while growing up in Helene. He was a quarterback for the Fighting Saints at Carroll and began working as a graduate assistant under his father. Furthermore, during his coaching career, he led his varsity teams to nine bowl games and six AP top 25 finishes.
Bobby Petrino salary, contract and earnings
His previous coaching career was unremarkable. Bobby rose to fame 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 at Auburn (OC), making roughly $1 million a year. Later in 2006, the head coach received a $600,000 raise over his previous salary as part of a 10-year/$25.6 million contract extension. Petrino, however, took the head coaching job and a five-year/$24 million contract with the Atlanta Falcons less than six months into his new contract. Bobby retired from the Falcons after just thirteen games. he then 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 employee of the athletic department. After that, he joined Western Kentucky, signing a four-year contract with an annual base salary of $850,000 and $1.2 million guaranteed. Petrino was sent to Louisville for the second time. This time he was offered $24.5 million over seven years with a $10 million buyout.
After Louisville, he signed a five-year contract with Missouri State that paid him $250,000 a year. Petrino received a one-year contract and a $25,000 raise shortly after reaching the playoffs. After just one season, the football coach left Missouri State to become the offensive coordinator at UNLV. However, the newly 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 stay in Arkansas
Bobby Petrino agreed to a two-year contract that will begin Dec. 3 and run through Feb. 28, 2026. Petrino will be paid $350,000 through the end of February, after which the new contract year begins. He will receive $1.5 million in 2024 and $1.6 million in 2025. The incentive payouts range from $20,000 for winning the SEC title to $125,000 for winning the national championship. A $2,000 Nike gear stipend, membership to one of two nearby country clubs and a $7,200 car allowance are included.
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Source: HIS Education