Bobby Petrino's Wealth: How Much Does He Make? Salary & Contract Details

Publish date: 2024-05-06

Bobby Petrino is estimated to have a net worth of $9 million as of 2023. Petrino has had a coaching career spanning over four decades, starting as a graduate assistant in 1983. He has earned substantial income serving as an offensive coordinator, wide receiver, quarterback, tight end coach, and head coach for various NCAA and NFL teams. After an 11-year absence, Petrino returned to Arkansas as an offensive coordinator.

Robert Patrick Petrino, currently the offensive coordinator for the Arkansas Razorbacks, graduated from Capital High School and pursued his college studies at Carroll College in Helene. During his time at Carroll, he played as a quarterback for the Fighting Saints and began his coaching career as a graduate assistant under his father. Throughout his coaching career, Petrino has led his collegiate teams to nine bowl games and six AP top-25 finishes.

Bobby Petrino’s Salary, Contract, and Earnings

Petrino gained prominence after joining the NFL’s Jacksonville Jaguars in 1999. He later became head coach for Louisville, earning around $1 million annually. In 2006, he signed a 10-year/$25.6 million contract extension with a $600,000 raise from his previous salary. However, after just thirteen games, Petrino left the Atlanta Falcons, where he had taken a head coaching position and a five-year/$24 million contract. He then negotiated a new five-year, $2.85 million-per-year contract with Arkansas, which was later extended to seven years.

After his contract was terminated due to an extramarital affair with an athletic department employee, Petrino joined Western Kentucky, signing a four-year deal with an annual basic pay of $850,000 and a $1.2 million guarantee. He then returned to Louisville on a seven-year deal worth $24.5 million with a $10 million buyout provision.

Subsequently, he signed a five-year contract with Missouri State, earning $250,000 per year. After entering the playoffs, his contract was revised to a one-year deal with a $25,000 increase. Despite this, Petrino left Missouri State after just one season to become the offensive coordinator at UNLV, and later joined Texas A&M. On November 29, 2023, it was announced that Petrino would return to Arkansas as offensive coordinator.

Second Stint With Arkansas

Bobby Petrino agreed to a two-year deal starting on December 3 and ending on February 28, 2026. He will receive $350,000 until the end of February, after which a new contract year will begin. His earnings will amount to $1.5 million in 2024 and $1.6 million in 2025. Additional incentives include rewards ranging from $20,000 for winning the SEC title to $125,000 for winning the national championship. The deal also includes a $2,000 Nike gear stipend, membership in one of two nearby country clubs, and a $7,200 car allowance.

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