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The University of North Carolina has agreed to pay new football coach Bill Belichick $10 million a year, according to a term sheet the university released Thursday .
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The yearly salary for Belichick (base salary plus supplemental income) amounts to $10 million, a big jump from the $5 million UNC paid Mack Brown, a national championship .
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As is becoming the norm with head coach contracts, Belichick’s $10 million per year salary is made up of two parts.
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Belichick's contract is also filled with incentives that could push his salary higher.