Bobby Petrino Net Worth: Salary, Contract & Earnings
Bobby Petrino, born March 10, 1961, is estimated to have a net worth of around $9 million as of 2024.
Petrino, who started as a graduate assistant in 1983, has served in the coaching field for more than four decades.
He garnered most of his fortune from his job as offensive coordinator, wide receiver, quarterback, tight end coach, and the head coach for several NCAA institutions and NFL teams.
Recently, Bobby joined Arkansas as offensive coordinator after 11 years.
Robert Patrick Petrino is an American football coach who serves as the offensive coordinator for the Arkansas Razorbacks.
Growing up in Helene, he graduated from Capital High and enrolled at Carroll College for his undergraduate studies.
At Carroll, he was a quarterback for the Fighting Saints and began working as a graduate assistant under his father.
Moreover, in his coaching journey, he has directed his college teams to nine bowl games and achieved six AP top-25 finishes.
Bobby Petrino Net Worth: Salary, Contract & Earnings
His earlier coaching career remained unobtrusive. It was in 1999, when he signed with the NFL’s Jacksonville Jaguars that Bobby came into the limelight.
After two seasons with the Jaguars and a stint with Auburn (OC), he joined Louisville as the head coach, earning around $1 million annually.
Later, in 2006, a 10-year/$25.6 million contract extension promised the head coach a $600k rise in his previous salary.
However, less than six months into his new contract, Petrino accepted a head coach position and a five-year/$24 million deal with the Atlanta Falcons.
After just thirteen games tenure, Bobby resigned from the Falcons. Later, he negotiated a $2.85 million per annum deal for five years with Arkansas, which was extended to seven years before signing.
However, his contract was cut short following his extramarital affair with an athletic department staffer.
Subsequently, he joined Western Kentucky, inking a four-year contract with a base salary of $850,000 annually, with $1.2 million guaranteed.
Petrino returned to Louisville for a second stint. This time, he was offered $24.5 million over seven years with a buyout clause of $10 million.
After Louisville, he joined Missouri State on a five-year deal that earned him $250,000 per year. Just after reaching the postseason, Petrino got a one-year extension along with a $25,000 raise.
After a season, the football coach left Missouri State to take an offensive coordinator position at UNLV. But, in quick succession, the newly recruited UNLV offensive coordinator joined Texas A&M.
On November 29, 2023, Arkansas announced it was bringing back its former coach, Petrino, to be offensive coordinator.
Second Stint With Arkansas
Bobby Petrino inked a two-year contract set to commence on Sunday, December 3, and extend through February 28, 2026.
Under this agreement, Petrino stands to earn $350,000 until the end of February, after which a new contract year will kick in.
He will earn $1.5 million in 2024 and $1.6 million for the 2025 season.
Incentives in the form of bonuses are structured approximately $20,000 for reaching the SEC championship to $125,000 for securing a national championship.
Additional perks include $2,000 in Nike gear, membership to one of two local country clubs, and a $7,200 vehicle allowance.
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