His 7-6 record at USC in 2024 would go down as the worst mark of Lincoln Riley’s career as a head football coach. But in his third and rockiest year at the helm of the Trojans, Riley was still compensated like one of the kings of the sport.
Riley was paid more than $11.8 million in total compensation during the fiscal year 2024, according to USC’s latest federal tax returns, which were obtained by The Times. That total includes a $100,000 bonus and $10.4 million in base pay, believed to be more than all but three college football coaches that season: Georgia’s Kirby Smart, Clemson’s Dabo Swinney and Ohio State’s Ryan Day. All three have won a national title.
For Riley, his pay in 2024 marks just a slight increase from the 2023 season, when USC paid Riley more than $11.5 million in total compensation. The coach’s base pay increased by $145,143 between fiscal years 2023 and 2024, slightly less than it rose following his debut season in 2022 ($168,000).
At least in 2024, USC only had to pay one football coach, after paying Clay Helton a combined $9 million not to coach over the two previous years.
The school would, however, have to pay up a bit to bring in a new men’s basketball coach.
After Andy Enfield left to coach Southern Methodist after the 2023-24 season, USC shelled out more than $6.1 million total in 2024 to lure coach Eric Musselman from Arkansas, according to the university’s latest federal tax records. One million of that was paid to Arkansas to buy out Musselman’s contract.
That puts Musselman at a reported $5.1 million in total pay and benefits from the school in 2024, according to the school’s tax records. That total likely includes additional costs unique to a coaching change. But altogether, it would have ranked Musselman among the highest-paid coaches in the Big Ten for the 2024-25 season.
Musselman didn’t exactly deliver on that investment during the 2024-25 season, as USC bottomed out during its first Big Ten men’s basketball slate. The Trojans finished 17-18 and 7-13 in the Big Ten.
After including her information in tax forms from the previous year, the university did not disclose compensation figures from 2024 for USC athletic director Jennifer Cohen. Federal tax returns filed last May had credited Cohen with more than $3 million in reportable compensation in her first year on the job, $1 million of which was used to buy out Cohen from her Washington contract.
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