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North Carolina Football Program Sees Financial Growth

Crowd cheering in North Carolina football stadium during a game.

Chapel Hill, North Carolina, September 10, 2025

News Summary

The University of North Carolina’s football program has seen a financial surge following the hiring of Bill Belichick as head coach. With a lucrative contract, alongside investments in staff and resources, the program’s revenue is projected to reach $67 million. Ticket sales have skyrocketed, with the university reporting record ticket sales not seen before. Community engagement initiatives also contributed to this growth, culminating in a commitment to enhance the football program and its financial standing.

North Carolina Football Program Sees Financial Surge After Hiring Bill Belichick as Head Coach

Chapel Hill, North Carolina – The University of North Carolina’s football program has experienced a significant financial boost following the hiring of renowned coach Bill Belichick on a five-year, $50 million contract. Belichick, a six-time Super Bowl champion, brings a wealth of experience and notoriety to the collegiate level, aiming to enhance the university’s football standing and revenue generation.

Alongside Belichick, General Manager Michael Lombardi was appointed with a three-year contract valued at $4.5 million, the highest for an NFL general manager. The commitment to improving the football program is evident, with UNC allocating $13 million in revenue sharing specifically for football initiatives. Furthermore, the university has approved $10 million for assistant coaches and an additional $5.3 million for supporting staff, including Lombardi. These investments highlight the school’s commitment to elevating its football program and, in turn, funding its 28 other sports programs that do not produce substantial revenue.

Financial Growth and Ticket Sales

In the 2023-24 academic year, the revenue generated by the football program approached $67 million, with expenses hitting approximately $40 million. This financial surplus has contributed to a projected increase in UNC’s athletics budget, which is expected to rise from $156 million to $180 million. Chancellor Lee Roberts has publicly supported this direction, emphasizing the importance of football in the university’s athletic strategy.

This season, North Carolina achieved a record for selling out every football ticket earlier than ever, despite implementing a 25% ticket price increase. Ticket sales alone are anticipated to yield around $19 million, up from $12 million in the previous year. The existing premium seating arrangements were fully booked, prompting the university to create additional premium areas to meet demand. Increased game attendance is also projected to generate more than $750,000 in the sale of food, beverages, and merchandise.

Community Engagement and Donations

Membership in The Rams Club, which supports athlete scholarships, reached an all-time high with over 1,000 new members purchasing tickets. Donations to the football program surpassed $18 million, breaking previous records. In a bid to enhance sponsorship visibility, the university has allowed State Farm logos to be painted on the field, marking a new era for UNC football.

Efforts to engage the fan base have included the introduction of new on-campus tailgate zones and a concert series leading up to home games. Moreover, the program’s season-opening game against TCU attracted 6.6 million viewers, making it ESPN’s highest-ever Labor Day weekend broadcast since 2016. Future games are also set to air on networks such as Fox and ESPN, with at least two scheduled for Friday nights. Notably, the Atlantic Coast Conference (ACC) plans to distribute media rights revenue based on viewership, benefitting schools like UNC.

On-Field Challenges and Personnel Policies

Despite the financial and fan support, on-field performance has been inconsistent. In Belichick’s debut, the team suffered a 48-14 loss against TCU, but bounced back with a comeback victory of 20-3 over Charlotte in his second outing, which saw record attendance numbers. In a controversial move, Belichick has confirmed that scouts and staff from the New England Patriots are prohibited from entering UNC facilities, a step taken following his split with the NFL franchise.

This decision regarding personnel access is not typical within college athletics and suggests a stark delineation between Belichick’s past and current paths. Despite his initial struggles on the field, the enthusiasm surrounding the program appears revitalized, promising a potential upward trajectory for UNC football.

Summary of Financial and Program Developments

Category Current Figures
Contract for Bill Belichick $50 million over 5 years
Contract for Michael Lombardi $4.5 million over 3 years
Football Revenue (2023-24) $67 million
Football Expenses (2023-24) $40 million
Expected Ticket Sales $19 million
Total Athletics Budget (Projected) $180 million

FAQ

What is the length and value of Bill Belichick’s contract with UNC?

The contract is for five years and is valued at $50 million.

How much has been donated to the UNC football program?

Donations to the football program have exceeded $18 million, setting a new record.

What changes have been made to the ticketing system for games?

UNC sold out its football tickets earlier than ever, despite a 25% price increase, and is expected to generate $19 million from ticket sales.

What measures are being taken to boost fan engagement?

The introduction of new on-campus tailgate zones and a concert series before home games are some initiatives to enhance fan engagement.

What was the viewership for the season opener against TCU?

The season-opening game against TCU attracted 6.6 million viewers, marking ESPN’s highest Labor Day weekend viewership since 2016.


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Additional Resources

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Author: HERE Charlotte

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