Indiana literally doubled his salary halfway through his very first season, before they even made the CFP. Then they gave him a huge raise on that amount this year, to make him the 3rd highest paid coach in all of college football (behind only Kirby and Day).
I’m going to repeat that in different terms. Indiana made a 64 year old guy with one career Top 25 win, no career playoff wins, and no Top 8 finishes the 3rd highest paid coach in all of college football, ahead of a guy with multiple titles (Dabo). Ahead of Sarkisian, Elko, DeBoer, Freeman, Dillingham, Lanning, and many others. Every single one of those guys has done at least as much as Cignetti, and all except for maybe Elko have actually done more. And every single one of those guys is under 50 years old, and somehow still have a longer track record than Cignetti.
The bottom line is that Cignetti seems to be a great coach, but IU is still overpaying him by an absolute shít ton. Both of those things can be true. And I don’t think anyone would be surprised at all if he starts fading in 2-3 years, as it will likely not be sustainable for them to pay both him and the players what is required to keep the current level of success rolling.