If the Tar Heels have an annual 2.7 GPA, Belichick gets $50,000. If UNC’s NCAA Academic Progress Rate is between 950-969, that brings $100,000 into play. Belichick’s contract also includes a $100,000 expense account.

UNC has tried almost everything to become nationally relevant in football. Its hiring of Bill Belichick, and the enormous financial investment along with it, is its boldest move ever.

Bill Belichick received a warm reception when he was introduced to the crowd at a University of North Carolina men’s basketball game, days after he was named as head coach of the school’s football team.