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Greg Schiano signed a five-year, $15 million contract per report

The Tampa Bay Buccaneers signed brand new head coach Greg Schiano to a five-year deal worth slightly more than $15 million, according to the Newark Star-Ledger. While that represents a small raise from his $2.3 million per year deal at Rutgers, it doesn't come close to the $6 million per year reportedly offered to Chip Kelly. While this isn't a bottom-dwelling head coaching deal, it's not exactly rich, either.

That's to be expected when hiring someone with as low a profile as Schiano has. Spending a relatively low amount on a head coach could give the Bucs a chance to spend big on coordinators and other assistant coaches, if they're so inclined.

The fact that Schiano signed a five-year deal should help him lure those quality assistants to Tampa Bay. It's the kind of commitment the Bucs never made to Raheem Morris, and it should give prospective coaches a sense of security in their jobs. With a five-year deal it's highly unlikely Schiano gets anything less than three years to turn around the franchise.