Texas A&M Football
Sponsored by

Elko On Verge Of Possibly Huge 2025 Performance Bonus Payouts

10,513 Views | 109 Replies | Last: 2 days ago by deer corn
Pumpkinhead
How long do you want to ignore this user?
AG
Elko has some huge 2025 performance bonuses built into his current contract, such as:

- Appear in SEC Champ Game: $100,000
- Win SEC Champ Game: $1,500,000
- Make the playoffs: $1,000,000 bonus
- Make the playoff quarter finals: $1,500,000
- Make the playoff semi-finals: $2,000,000
- Make the National Championship Game: $2,500,000
- Win the National Championship Game: $3,500,000

- I think the guy has already locked up $1,000,000 extra cause will make playoffs but damn! Look at all that extra cash still on the table.
ElephantRider
How long do you want to ignore this user?
AG
And it would be worth every penny
FDT 1999
How long do you want to ignore this user?
AG
My understanding is the bonuses aren't cumulative. If he wins it all, he gets an extra $3.5….not every bonus.
Stmichael
How long do you want to ignore this user?
AG
These bonuses ramp up real damn quick. 100k for making the SEC title game means having a great regular season which has 12 games. Then winning one more, the SEC championship game, jumps that by a factor of 10.
Pumpkinhead
How long do you want to ignore this user?
AG
FDT 1999 said:

My understanding is the bonuses aren't cumulative. If he wins it all, he gets an extra $3.5….not every bonus.


Ah, okay if true. I also read if he makes any of the above bonuses then his contract is auto-extended another year.
StinkyPinky
How long do you want to ignore this user?
AG
FDT 1999 said:

My understanding is the bonuses aren't cumulative. If he wins it all, he gets an extra $3.5….not every bonus.
This. He only receives the biggest milestone achieved
VIR-Ag
How long do you want to ignore this user?
AG
Correct.
Pumpkinhead
How long do you want to ignore this user?
AG
StinkyPinky said:

FDT 1999 said:

My understanding is the bonuses aren't cumulative. If he wins it all, he gets an extra $3.5….not every bonus.
This. He only receives the biggest milestone achieved


So hypothetically let's say he goes 4-0 in next for games winning SEC title and making playoff quarter finals with bye: that would be $1,500,000 for the SEC title goal and $1,500,000 for reaching that playoff goal, correct? So $3,000,000 in bonuses earned at that point? With another $2,000,000 possible depending on length of playoff run?
pdg88
How long do you want to ignore this user?
AG
My understanding (although I could be wrong) is that the "Post-Season Incentives" below are *not* cumulative. However, they were written whenever winning the SEC Championship automatically meant you would start in the CFP quarterfinals, which is why those are combined into one line. The smaller "Other Incentive Compensation" would be in addition to whatever he earns in the "Post-Season Incentives"


'03ag
How long do you want to ignore this user?
FDT 1999 said:

My understanding is the bonuses aren't cumulative. If he wins it all, he gets an extra $3.5….not every bonus.

I think this is correct. And in that case, my opinion is they aren't large enough.
07ag
How long do you want to ignore this user?
AG
per tamu news release in 2023, incentives are capped at 3.5 million

https://news.tamus.edu/regents-authorize-contract-terms-for-coach-mike-elko/
https://ts.la/eric59704
A. G. Pennypacker
How long do you want to ignore this user?
AG
'03ag said:

FDT 1999 said:

My understanding is the bonuses aren't cumulative. If he wins it all, he gets an extra $3.5….not every bonus.

I think this is correct. And in that case, my opinion is they aren't large enough.

I have also heard it's cumulative. If his base is $7 mill and he wins it all, he makes $10.5 mil. That would make him the 6th highest paid college coach according to the list I found (see below).

I'm OK with a lower base, but in my opinion, if he wins it all, as difficult as that is and as rare as it has been at A&M, the incentives should make him significantly more than any other college coach - like $15 mil +.

  • Kirby Smart (Georgia): ~$13,282,580
  • Ryan Day (Ohio State): ~$12,575,000
  • Lincoln Riley (USC): ~$11,537,560
  • Dabo Swinney (Clemson): ~$11,447,025
  • Steve Sarkisian (Texas): ~$10,800,000
  • Dan Lanning (Oregon): ~$10,400,000
  • Kalen DeBoer (Alabama): ~$10,250,000
  • Brian Kelly (LSU): ~$10,175,000
  • Bill Belichick (North Carolina): ~$10,100,000
Note - James Franklin was making $8.5 mil at PSU. Since everyone seems to think that Elko is their number 1 target.
TexAgs23
How long do you want to ignore this user?
FDT 1999 said:

My understanding is the bonuses aren't cumulative. If he wins it all, he gets an extra $3.5….not every bonus.

Performance bonuses... That's how EVERY contract should be written! If they produce a good product, they get paid accordingly.
Aston 91
How long do you want to ignore this user?
AG
A. G. Pennypacker said:

  • Kirby Smart (Georgia): ~$13,282,580
  • Ryan Day (Ohio State): ~$12,575,000
  • Lincoln Riley (USC): ~$11,537,560
  • Dabo Swinney (Clemson): ~$11,447,025
  • Steve Sarkisian (Texas): ~$10,800,000
  • Dan Lanning (Oregon): ~$10,400,000
  • Kalen DeBoer (Alabama): ~$10,250,000
  • Brian Kelly (LSU): ~$10,175,000
  • Bill Belichick (North Carolina): ~$10,100,000


If my memory is correct only 3 of the top 9 have won a National Championship, and one of those (Dabo) looks like he's been left behind in the NIL game. So there are a lot of schools paying $10+ million for not a lot of results so far.
'03ag
How long do you want to ignore this user?
A. G. Pennypacker said:

'03ag said:

FDT 1999 said:

My understanding is the bonuses aren't cumulative. If he wins it all, he gets an extra $3.5….not every bonus.

I think this is correct. And in that case, my opinion is they aren't large enough.

I have also heard it's cumulative. If his base is $7 mill and he wins it all, he makes $10.5 mil. That would make him the 6th highest paid college coach according to the list I found (see below).

I'm OK with a lower base, but in my opinion, if he wins it all, as difficult as that is and as rare as it has been at A&M, the incentives should make him significantly more than any other college coach - like $15 mil +.

  • Kirby Smart (Georgia): ~$13,282,580
  • Ryan Day (Ohio State): ~$12,575,000
  • Lincoln Riley (USC): ~$11,537,560
  • Dabo Swinney (Clemson): ~$11,447,025
  • Steve Sarkisian (Texas): ~$10,800,000
  • Dan Lanning (Oregon): ~$10,400,000
  • Kalen DeBoer (Alabama): ~$10,250,000
  • Brian Kelly (LSU): ~$10,175,000
  • Bill Belichick (North Carolina): ~$10,100,000
Note - James Franklin was making $8.5 mil at PSU. Since everyone seems to think that Elko is their number 1 target.

That's right where I was at. When you're talking about single year incentives a title should be massive. Hell why not even make that the wording of the contract. You win the title, you make whatever the highest paid coach in CFB makes, plus a million.
PeekingDuck
How long do you want to ignore this user?
AG
I have a feeling that if he wins the national championship, we're gonna take care of him.
TyperWoods
How long do you want to ignore this user?
If he wins the NC, I'm for giving him a bonus on top of his incentive bonuses.
Pichael Thompson
How long do you want to ignore this user?
Keep the bonuses in place & give him 12/yr for 5 years

Contract extends another yr every season he wins 9 games or more

Buyout is 75% of remaining salary

So say he has 2 awful years & you want to part ways your paying out 27 million instead of 75



The killer in these contracts isn't the annual salary it's the decade long guarantee
AgLA06
How long do you want to ignore this user?
AG
Aston 91 said:

A. G. Pennypacker said:

  • Kirby Smart (Georgia): ~$13,282,580
  • Ryan Day (Ohio State): ~$12,575,000
  • Lincoln Riley (USC): ~$11,537,560
  • Dabo Swinney (Clemson): ~$11,447,025
  • Steve Sarkisian (Texas): ~$10,800,000
  • Dan Lanning (Oregon): ~$10,400,000
  • Kalen DeBoer (Alabama): ~$10,250,000
  • Brian Kelly (LSU): ~$10,175,000
  • Bill Belichick (North Carolina): ~$10,100,000


If my memory is correct only 3 of the top 9 have won a National Championship, and one of those (Dabo) looks like he's been left behind in the NIL game. So there are a lot of schools paying $10+ million for not a lot of results so far.


They're paying to retain what they believe is a top 15 coach in expectation of having a perennial top 15 team that brings them exponentially more money and notoriety than the salary paid. Whether the coach fulfills their obligations is up to the school.
AggieUSMC
How long do you want to ignore this user?
AG
This is how every contract should be drawn up. You get paid for what you produce on the field, not for your reputation.

And I despise guaranteed contracts. There are no guarantees in football. Athletics at this level is very much a "what have you done for me lately" business.
crackeryack
How long do you want to ignore this user?
His base is $7M plus winning a national championship is another $3.5M. That's $10.5M. Sark makes more than that with his base salary. This program is headed in the right direction. Time to pay the man.
RogerFurlong
How long do you want to ignore this user?
Lincoln Riley making more than Bill Belichick and Dabo is hilarious.
#Mke
How long do you want to ignore this user?
AG
Love the incentive-based contract!!!
ElephantRider
How long do you want to ignore this user?
AG
RogerFurlong said:

Lincoln Riley making more than Bill Belichick and Dabo is hilarious.

Sometimes I forget that Lincoln Riley is still coaching.
No Spin Ag
How long do you want to ignore this user?
'03ag said:

FDT 1999 said:

My understanding is the bonuses aren't cumulative. If he wins it all, he gets an extra $3.5….not every bonus.

I think this is correct. And in that case, my opinion is they aren't large enough.

This.

Elko has done more for the team and the image of them AND the school than any coach in recent memory.

Pay the man.
Fatboy Thaddeus
How long do you want to ignore this user?
We should just intentionally negotiate in variable offsets for short-term bargaining leverage that will fluctuate season-by-season with our team's relative performance as well as which jobs come open. Putting down some arcane set of rules >>> setting some immutable 10-year-long buyout.
agnerd
How long do you want to ignore this user?
AG
RogerFurlong said:

Lincoln Riley making more than Bill Belichick and Dabo is hilarious.

After California taxes, he's below Dabo and about even with Bellichick.
Davidtheag
How long do you want to ignore this user?
AG
A. G. Pennypacker said:

'03ag said:

FDT 1999 said:

My understanding is the bonuses aren't cumulative. If he wins it all, he gets an extra $3.5….not every bonus.

I think this is correct. And in that case, my opinion is they aren't large enough.

I have also heard it's cumulative. If his base is $7 mill and he wins it all, he makes $10.5 mil. That would make him the 6th highest paid college coach according to the list I found (see below).

I'm OK with a lower base, but in my opinion, if he wins it all, as difficult as that is and as rare as it has been at A&M, the incentives should make him significantly more than any other college coach - like $15 mil +.

  • Kirby Smart (Georgia): ~$13,282,580
  • Ryan Day (Ohio State): ~$12,575,000
  • Lincoln Riley (USC): ~$11,537,560
  • Dabo Swinney (Clemson): ~$11,447,025
  • Steve Sarkisian (Texas): ~$10,800,000
  • Dan Lanning (Oregon): ~$10,400,000
  • Kalen DeBoer (Alabama): ~$10,250,000
  • Brian Kelly (LSU): ~$10,175,000
  • Bill Belichick (North Carolina): ~$10,100,000
Note - James Franklin was making $8.5 mil at PSU. Since everyone seems to think that Elko is their number 1 target.

IF he wins the National Championship, there's no doubt that we'll renegotiate his base salary to something higher or we run the risk of some other school trying to poach him. That's exactly what we did with Bear Bryant, Jackie Sherril, Dennis Franchione, Kevin Sumlin, and of course, Jimbo Fisher.

Yeah, $7mil a year till January of 2030, everything else is incentive based capped at $3.5 million every time he wins a national championship, and the contract is extended one year for every college football playoff appearance, but if he's successful he's going to want a higher base salary eventually.
Commander-In-Beef
How long do you want to ignore this user?
AG
CA state tax rate on income > $1M, evens it all out and then some.
akm91
How long do you want to ignore this user?
AG
Aston 91 said:

A. G. Pennypacker said:

  • Kirby Smart (Georgia): ~$13,282,580
  • Ryan Day (Ohio State): ~$12,575,000
  • Lincoln Riley (USC): ~$11,537,560
  • Dabo Swinney (Clemson): ~$11,447,025
  • Steve Sarkisian (Texas): ~$10,800,000
  • Dan Lanning (Oregon): ~$10,400,000
  • Kalen DeBoer (Alabama): ~$10,250,000
  • Brian Kelly (LSU): ~$10,175,000
  • Bill Belichick (North Carolina): ~$10,100,000


If my memory is correct only 3 of the top 9 have won a National Championship, and one of those (Dabo) looks like he's been left behind in the NIL game. So there are a lot of schools paying $10+ million for not a lot of results so far.

Well there are only 3 active coaches that have won the National Championship.

Are they really overpaid as they've gotten their teams into the CFP, with the exception of Belicheck?
LB12Diamond
How long do you want to ignore this user?
AG
So much nicer to pay coaches for accomplishments than to leave.
Kenneth_2003
How long do you want to ignore this user?
AG
Pumpkinhead said:

FDT 1999 said:

My understanding is the bonuses aren't cumulative. If he wins it all, he gets an extra $3.5….not every bonus.


Ah, okay if true. I also read if he makes any of the above bonuses then his contract is auto-extended another year.


This is the true beauty of his contract. In the NIL era we don't need super long contracts. You'll know in a year or two (like we're seeing) if a coach is going to work out. We didn't need 32 years to get our recruits on campus and another 2 years to develop those guys and maybe another year or two to build depth.

Short context, get it done, and the tacking a year back on the end keeps the replacement costs manageable, but also puts some buyout cost in place for poachers.
AggieZUUL
How long do you want to ignore this user?
AG
TexAgs23 said:

FDT 1999 said:

My understanding is the bonuses aren't cumulative. If he wins it all, he gets an extra $3.5….not every bonus.

Performance bonuses... That's how EVERY contract should be written! If they produce a good product, they get paid accordingly.


just ask Ricky Williams!!
ABATTBQ11
How long do you want to ignore this user?
AG
Davidtheag said:

A. G. Pennypacker said:

'03ag said:

FDT 1999 said:

My understanding is the bonuses aren't cumulative. If he wins it all, he gets an extra $3.5….not every bonus.

I think this is correct. And in that case, my opinion is they aren't large enough.

I have also heard it's cumulative. If his base is $7 mill and he wins it all, he makes $10.5 mil. That would make him the 6th highest paid college coach according to the list I found (see below).

I'm OK with a lower base, but in my opinion, if he wins it all, as difficult as that is and as rare as it has been at A&M, the incentives should make him significantly more than any other college coach - like $15 mil +.

  • Kirby Smart (Georgia): ~$13,282,580
  • Ryan Day (Ohio State): ~$12,575,000
  • Lincoln Riley (USC): ~$11,537,560
  • Dabo Swinney (Clemson): ~$11,447,025
  • Steve Sarkisian (Texas): ~$10,800,000
  • Dan Lanning (Oregon): ~$10,400,000
  • Kalen DeBoer (Alabama): ~$10,250,000
  • Brian Kelly (LSU): ~$10,175,000
  • Bill Belichick (North Carolina): ~$10,100,000
Note - James Franklin was making $8.5 mil at PSU. Since everyone seems to think that Elko is their number 1 target.

IF he wins the National Championship, there's no doubt that we'll renegotiate his base salary to something higher or we run the risk of some other school trying to poach him. That's exactly what we did with Bear Bryant, Jackie Sherril, Dennis Franchione, Kevin Sumlin, and of course, Jimbo Fisher.

Yeah, $7mil a year till January of 2030, everything else is incentive based capped at $3.5 million every time he wins a national championship, and the contract is extended one year for every college football playoff appearance, but if he's successful he's going to want a higher base salary eventually.


Higher base salary and higher buyout for leaving early. Right not it's only $5 million IIRC. That's peanuts for anyone looking to hire him away at this point.
Teslag
How long do you want to ignore this user?
AG
AggieUSMC said:

This is how every contract should be drawn up. You get paid for what you produce on the field, not for your reputation.

And I despise guaranteed contracts. There are no guarantees in football. Athletics at this level is very much a "what have you done for me lately" business.


Well don't get used of it. He's more than likely about to get a deal in the $12 million / year range with most of it guaranteed. That's the market and that's what we will pay.
Last Page
Page 1 of 4
 
×
subscribe Verify your student status
See Subscription Benefits
Trial only available to users who have never subscribed or participated in a previous trial.