akm91 said:

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Aston 91 said:

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A. G. Pennypacker said:

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• 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

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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.

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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?

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FYI

There are only 9 still living under the age of 70 - including the 3 actives. The other 6 are Jimbo (60), Urban (61), Harbaugh (61), Chizik (63), Orgeron (64), Stoops (65).

There are another 17 living older than 70 - the oldest is Gene Stallings who turned 90 this year.

A. G. Pennypacker said:

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'03ag said:

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FDT 1999 said:

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

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

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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.

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He's going to get a big bonus and a new contract

That contract looks fair and reasonable. I would actually be fine if it wasn't cumulative.

Why would anybody want to renegotiate?

Farmer_J said:

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That contract looks fair and reasonable. I would actually be fine if it wasn't cumulative.

Why would anybody want to renegotiate?

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Because the market and our competitors will dictate we do

I'm not reading they aren't cumulative... Do you guys have fine print I do not?

Is the $1.5M bonus for winning the SEC championship it's own separate bonus, plus he gets paid another bonus based on how far we go?

If he wins, then he deserves it.

Pay the man.

9-0 I would not have believed it in Aug. I was bracing for 9-3 by the end.

Once the season is over and he gets deep into the playoffs, he deserves a contract upgrade. But nothing stupid as what they did for Jimbo.

I've got an idea: Make next year's salary based on whatever he accomplishes this year. Give him the bonus this year, and raise his base salary by that bonus amount next year, keeping the same bonus structure. So if he wins a NC, he will make $7.0 + $3.5 = $10.5 mil this year, and next year he would start at $10.5 mil with the possibility of making an additional $3.5 mil. If he makes the quarterfinals this year, he would make $8.5, and start at $8.5 next year with the possibility of making up to $12 mil with a NC next year. If **** hits the fan and we lose out this year, he'd start at $7 mil again next year

Based on results this year, would think he deserves a raise in base

infinity ag said:

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If he wins, then he deserves it.

Pay the man.

9-0 I would not have believed it in Aug. I was bracing for 9-3 by the end.

Once the season is over and he gets deep into the playoffs, he deserves a contract upgrade. But nothing stupid as what they did for Jimbo.

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His contract does not need to be touched. 10.5 for a national championship and a 1 year extension. Perfect. Now go do it again.

A is A said:

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infinity ag said:

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If he wins, then he deserves it.

Pay the man.

9-0 I would not have believed it in Aug. I was bracing for 9-3 by the end.

Once the season is over and he gets deep into the playoffs, he deserves a contract upgrade. But nothing stupid as what they did for Jimbo.

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His contract does not need to be touched. 10.5 for a national championship and a 1 year extension. Perfect. Now go do it again.

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Lol this is pure delusion in the current market

Nothing stops the board from giving him a bonus above what his contract stipulates if they so choose.

bgrimm05 said:

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I've got an idea: Make next year's salary based on whatever he accomplishes this year. Give him the bonus this year, and raise his base salary by that bonus amount next year, keeping the same bonus structure. So if he wins a NC, he will make $7.0 + $3.5 = $10.5 mil this year, and next year he would start at $10.5 mil with the possibility of making an additional $3.5 mil. If he makes the quarterfinals this year, he would make $8.5, and start at $8.5 next year with the possibility of making up to $12 mil with a NC next year. If **** hits the fan and we lose out this year, he'd start at $7 mil again next year

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Ya I bet he would be itching to sign that

infinity ag said:

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If he wins, then he deserves it.

Pay the man.

9-0 I would not have believed it in Aug. I was bracing for 9-3 by the end.

Once the season is over and he gets deep into the playoffs, he deserves a contract upgrade. But nothing stupid as what they did for Jimbo.

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He will be extended with a no deal before the playoffs even start

Teslag said:

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A is A said:

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infinity ag said:

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If he wins, then he deserves it.

Pay the man.

9-0 I would not have believed it in Aug. I was bracing for 9-3 by the end.

Once the season is over and he gets deep into the playoffs, he deserves a contract upgrade. But nothing stupid as what they did for Jimbo.

---

His contract does not need to be touched. 10.5 for a national championship and a 1 year extension. Perfect. Now go do it again.

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Lol this is pure delusion in the current market

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No it's not. Hi Elko's agent

If he wins the NC I look forward to heads exploding when we pay him base of $15 million and keep the incentives…with ten years guaranteed.

He should get a bonus for winning the SEC AND for making it to the playoffs+. The amount of money that brings to the school, is enormous.

Stmichael said:

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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.

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Having a great regular season is his job so it's priced in. We have everything and then some that a top tier coach needs to have to win at least 10 regular season games most years. Once you lose one conference game you can be out of the drivers seat and there can be a large factor of luck which can go both ways. Makes sense not to overly weigh just making it to the ccg.

10 or even 11 wins is not going to guarantee you an appearance in Atlanta, but most Ags would be happy for a long while if we turn the corner and become a 10-2 program instead of the 8-4 one we've been.

ABATTBQ11 said:

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Davidtheag said:

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A. G. Pennypacker said:

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'03ag said:

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FDT 1999 said:

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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.

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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.

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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.

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Yeah, I know the contract is pretty sweet deal from our perspective, but I said, if he's successful and wins us a National Championship, do we increase his base salary and prevent other universities from poaching him or do we continue with his present contract and run the risk of losing him?

A is A said:

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Teslag said:

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A is A said:

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infinity ag said:

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If he wins, then he deserves it.

Pay the man.

9-0 I would not have believed it in Aug. I was bracing for 9-3 by the end.

Once the season is over and he gets deep into the playoffs, he deserves a contract upgrade. But nothing stupid as what they did for Jimbo.

---

His contract does not need to be touched. 10.5 for a national championship and a 1 year extension. Perfect. Now go do it again.

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Lol this is pure delusion in the current market

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No it's not. Hi Elko's agent

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Yes it actually is. Cignetti's deal set the floor for a coach making the playoffs. You've got a massive number of jobs open, one of which is already rumored to be interested in your coach (PSU). That's reality. You don't determine what your coach is worth, your competitors do.

Shocker that someone would be hungry to max out a comp plan with performance!

The new contract should do the same with astronomical payouts with performance, such as:

- $8-9 mil base (ya know, to cover living expenses)
- $10-12 mil in Targeted Incentives.

Both sides win: Elko stays hungry & those that fund his Income get what they want, or they save a little for the next year.

No company in their right mind puts their high-powered sales folks on a top of market OTE in guaranteed salary.

Risk taking Coaches that believe in what they do would be all over making $20m/year for achieving a Natty.

My dos centavos.

pdg88 said:

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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"

Texas A&M Athletics has released the key terms of Mike Elko’s contract. pic.twitter.com/1qEiyExCtE

— TexAgs (@TexAgs) November 27, 2023

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Wasn't this negotiated before the 12 team playoff expansion. That likely changed things.

" This program is headed in the right direction. Time to pay the man."


I have a feeling the entire staff is gonna be taken care of. If not, Trev needs to answer fo the giant screw up. The football program is the front door of the university.

ElephantRider said:

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And it would be worth every penny

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Especially to me, since they used none of my pennies

Who?mikejones! said:

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A. G. Pennypacker said:

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'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.

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He's going to get a big bonus and a new contract

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Part of me thinks the 'right' play is to surprise him. Let's say Hope wins out and he takes the team the whole way. Pay out the $10.5M obligation & shower him with a one-time thank you bonus. I have a feeling that BMAs would happily pay $12M for a perfect season. And messaging that "we'll take care of you here" wouldn't be an unwise way to stave off coach poaching.

So Elko is the 11th highest paid coach in the SEC today and he would have to win the natty to make as much as sark. I have a feeling Elko has a new contract in his future.

Davidtheag said:

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ABATTBQ11 said:

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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.

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Yeah, I know the contract is pretty sweet deal from our perspective, but I said, if he's successful and wins us a National Championship, do we increase his base salary and prevent other universities from poaching him or do we continue with his present contract and run the risk of losing him?

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If he wins a natty I'd bet anything we will back up the dump truck and pay the man his money. We will probably do that anyways if we don't completely **** the bed for the remainder of the season.

Teslag said:

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A is A said:

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Teslag said:

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A is A said:

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infinity ag said:

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If he wins, then he deserves it.

Pay the man.

9-0 I would not have believed it in Aug. I was bracing for 9-3 by the end.

Once the season is over and he gets deep into the playoffs, he deserves a contract upgrade. But nothing stupid as what they did for Jimbo.

---

His contract does not need to be touched. 10.5 for a national championship and a 1 year extension. Perfect. Now go do it again.

---

Lol this is pure delusion in the current market

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No it's not. Hi Elko's agent

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Yes it actually is. Cignetti's deal set the floor for a coach making the playoffs. You've got a massive number of jobs open, one of which is already rumored to be interested in your coach (PSU). That's reality. You don't determine what your coach is worth, your competitors do.

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God, it's nice to see at least one voice of reason, common sense, and business reality. Thank you, sir.

Teslag said:

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A is A said:

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Teslag said:

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A is A said:

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infinity ag said:

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If he wins, then he deserves it.

Pay the man.

9-0 I would not have believed it in Aug. I was bracing for 9-3 by the end.

Once the season is over and he gets deep into the playoffs, he deserves a contract upgrade. But nothing stupid as what they did for Jimbo.

---

His contract does not need to be touched. 10.5 for a national championship and a 1 year extension. Perfect. Now go do it again.

---

Lol this is pure delusion in the current market

---

No it's not. Hi Elko's agent

---

Yes it actually is. Cignetti's deal set the floor for a coach making the playoffs. You've got a massive number of jobs open, one of which is already rumored to be interested in your coach (PSU). That's reality. You don't determine what your coach is worth, your competitors do.

---

Elko is proving he should be well compensated for sure and I imagine modifications are being discussed. However, nobody is worth a long term 100% guarantee regardless of performance. Not in any industry. Don't let suckers elsewhere define terms for bad business.

On a separate note who negotiated this deal: Bjork, Alberts, other?

Pumpkinhead said:

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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.

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All of those incentives should be multiplied by 10.

Teslag said:

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A is A said:

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Teslag said:

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A is A said:

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infinity ag said:

---

If he wins, then he deserves it.

Pay the man.

9-0 I would not have believed it in Aug. I was bracing for 9-3 by the end.

Once the season is over and he gets deep into the playoffs, he deserves a contract upgrade. But nothing stupid as what they did for Jimbo.

---

His contract does not need to be touched. 10.5 for a national championship and a 1 year extension. Perfect. Now go do it again.

---

Lol this is pure delusion in the current market

---

No it's not. Hi Elko's agent

---

Yes it actually is. Cignetti's deal set the floor for a coach making the playoffs. You've got a massive number of jobs open, one of which is already rumored to be interested in your coach (PSU). That's reality. You don't determine what your coach is worth, your competitors do.

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Crazy how many people seem to have forgotten that we broke the coach's salary base/guarantee model with Jimbo (by determining he was worth a 10 year fully guaranteed contract) and now everyone's stepped up to match.

Sterling82 said:

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Teslag said:

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A is A said:

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Teslag said:

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A is A said:

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infinity ag said:

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If he wins, then he deserves it.

Pay the man.

9-0 I would not have believed it in Aug. I was bracing for 9-3 by the end.

Once the season is over and he gets deep into the playoffs, he deserves a contract upgrade. But nothing stupid as what they did for Jimbo.

---

His contract does not need to be touched. 10.5 for a national championship and a 1 year extension. Perfect. Now go do it again.

---

Lol this is pure delusion in the current market

---

No it's not. Hi Elko's agent

---

Yes it actually is. Cignetti's deal set the floor for a coach making the playoffs. You've got a massive number of jobs open, one of which is already rumored to be interested in your coach (PSU). That's reality. You don't determine what your coach is worth, your competitors do.

---

Elko is proving he should be well compensated for sure and I imagine modifications are being discussed. However, nobody is worth a long term 100% guarantee regardless of performance. Not in any industry. Don't let suckers elsewhere define terms for bad business.

On a separate note who negotiated this deal: Bjork, Alberts, other?

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What was Saban worth? How about Kirby? The other poster put it best. We can pay less and include friendly buyout language but you can't be shocked when you can't attract and retain top coaches. Also, it doesn't help when programs like A&M pay a $70M buyout and prove it can be done. The duration is insurance against teams with a hair trigger on firing coaches something most programs love to do based on this year's openings.

we are going to have to back the truck up in order to keep Elko. Hopefully, this doesn't cause him to early retire too . This coaching crap is out of hand though, the universities need to collectively insist on termination clauses. For instance a 5-7 year gives the university the option to opt out early or a .600 win record over 3 or more seasons or something.

Sterling82 said:

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Teslag said:

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A is A said:

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Teslag said:

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A is A said:

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infinity ag said:

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If he wins, then he deserves it.

Pay the man.

9-0 I would not have believed it in Aug. I was bracing for 9-3 by the end.

Once the season is over and he gets deep into the playoffs, he deserves a contract upgrade. But nothing stupid as what they did for Jimbo.

---

His contract does not need to be touched. 10.5 for a national championship and a 1 year extension. Perfect. Now go do it again.

---

Lol this is pure delusion in the current market

---

No it's not. Hi Elko's agent

---

Yes it actually is. Cignetti's deal set the floor for a coach making the playoffs. You've got a massive number of jobs open, one of which is already rumored to be interested in your coach (PSU). That's reality. You don't determine what your coach is worth, your competitors do.

---

Elko is proving he should be well compensated for sure and I imagine modifications are being discussed. However, nobody is worth a long term 100% guarantee regardless of performance. Not in any industry. Don't let suckers elsewhere define terms for bad business.

On a separate note who negotiated this deal: Bjork, Alberts, other?

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Worth isn't determined by your feelings. It's determined by one market actor willing to pay $1 more than your best offer.