The massive contracts for college football coaches continue to roll in. 

Clemson head coach Dabo Swinney became the latest coach to cash in, signing a 10-year extension Thursday worth a reported $11.5 million per year. The deal makes him the second-highest paid coach in college football behind Alabama’s Nick Saban, according to Sports Illustrated.  

Dabo Swinney greets fans

Clemson Tigers head coach Dabo Swinney greets fans after arriving at the stadium prior to the Chick-Fil-A Kickoff Game against the Georgia Tech Yellow Jackets on September 5, 2022 at Mercedes-Benz Stadium in Atlanta.  (Photo by Joe Robbins/Icon Sportswire via Getty Images)

The contract runs through the 2031 season and surpasses the contract that Georgia head coach Kirby Smart signed in July. 

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"I am appreciative of the support from the Board of Trustees to President Clements to ensure we can continue to build on a firm foundation, as Clemson football and Coach Swinney’s leadership are a key driver for our university," Clemson Director of Athletics Graham Neff said. "Coach Swinney and his family’s impact on our community and department cannot be understated, and his success and stability nationally is truly uncommon." 

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Swinney took over as head coach of Clemson during the 2008 season and has won two national championships and seven ACC titles. His 151 career wins are the third most in any coach's first 15 seasons, and Swinney has led Clemson to eleven straight 10-win campaigns. 

Clemson head coach Dabo Swinney during the Spring football game

Clemson head coach Dabo Swinney during the annual Clemson Orange and White Spring football game on April 9, 2022 at Clemson Memorial Stadium in Clemson, South Carolina.  (Photo by John Byrum/Icon Sportswire via Getty Images)

"It is hard for me to believe I am in my 14th full season as your head coach, and I remain eternally grateful and honored for the opportunity to continue coaching and developing young people of excellence at Clemson." Swinney said. "This agreement is representative of what has been collectively built here and the success we’ve had both academically and athletically. 

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"It is a reflection of the ALL IN commitment of so many people, including our players, our staff, our fans, our administration and our University leadership. While I am certainly proud of our accomplishments on the field, the most rewarding part remains the relationships forged within this program and the ability to positively impact those around us."

Clemson head coach Dabo Swinney after beating Georgia Tech

Clemson Tigers head coach Dabo Swinney is all smiles after winning the Monday evening college football game between the Georgia Tech Yellow Jackets and the Clemson Tigers on September 5, 2022, at Mercedes-Benz Stadium in Atlanta.   (Photo by David J. Griffin/Icon Sportswire via Getty Images)

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Clemson opened the 2022 season with a 41-10 win over unranked Georgia Tech. Even with the win, Clemson dropped in the Associated Press top 25, heading into Week 2 as the No. 5 ranked team in the country. 

Clemson welcomes Furman to Death Valley on Saturday.