Oregon and football coach Dan Lanning have agreed on an amended contract that will put him among the five highest-paid coaches in the nation, Yahoo Sports reported Thursday.

The six-year deal that spans through 2030, which must be approved by Oregon’s board when it meets Friday, includes a $2 million annual raise to an average of nearly $11 million per season.

His buyout will remain $20 million, per the report.

Before the 2024 season, Lanning was 14th in the nation in salary, according to USA Today’s database of coaches salaries. He joins an elite class of coaches with his new salary; the five highest-paid coaches on the list were Kirby Smart (Georgia), Dabo Swinney (Clemson), Steve Sarkisian (Texas), Lincoln Riley (Southern California) and Ryan Day (Ohio State).

Three of those coaches have won national championships, and Ducks leaders are counting on Lanning to join that group.

Lanning, 38, was the offensive coordinator at Georgia when Oregon gave him his first head-coaching job ahead of the 2022 season. The Ducks are 35-6 under Lanning and won the Big Ten championship last season in their first year in the Big Ten.

Oregon was 13-0 and the No. 1 seed in the expanded College Football Playoff but lost to eventual national champion Ohio State 41-21 in the quarterfinal at the Rose Bowl.

Day received a new contract worth $12.5 million a year after the Buckeyes won the title, moving him to No. 2 on the salary list behind Smart.

–Field Level Media