Quote:
the universities need to collectively insist on termination clauses.
That's called collusion and has serious legal implications for anyone doing it.
Quote:
the universities need to collectively insist on termination clauses.
Mr President Elect said:
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.
Flack said:Mr President Elect said:
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.
Someone is going to money ball it and figure out that a big chunk of the $10M you're paying your coach plus the $7M you're still paying the last coach(s) you fired would be better spent on the right on-the-field talent.
Get a serviceable head coach and spend the money on elite players and competent staff.
Teslag said:Sterling82 said:Teslag said:A is A said:Teslag said:A is A said: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.
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?
Worth isn't determined by your feelings. It's determined by one market actor willing to pay $1 more than your best offer.
Teslag said:Quote:
the universities need to collectively insist on termination clauses.
That's called collusion and has serious legal implications for anyone doing it.
Sterling82 said:Teslag said:Sterling82 said:Teslag said:A is A said:Teslag said:A is A said: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.
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?
Worth isn't determined by your feelings. It's determined by one market actor willing to pay $1 more than your best offer.
It's not like there's only one coach in the world. Did we absolutely have to have Fisher when we hired him? When he was extended…the fifth team in a 4 team playoff with the number 1 recruiting class being formed? Repeat that stupidity another time or two and you've got a big problem.
Teslag said:Sterling82 said:Teslag said:Sterling82 said:Teslag said:A is A said:Teslag said:A is A said: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.
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?
Worth isn't determined by your feelings. It's determined by one market actor willing to pay $1 more than your best offer.
It's not like there's only one coach in the world. Did we absolutely have to have Fisher when we hired him? When he was extended…the fifth team in a 4 team playoff with the number 1 recruiting class being formed? Repeat that stupidity another time or two and you've got a big problem.
Right now have at least 7 of 8 coaching jobs open that would absolutely love for A&M to lowball Elko and try to draw a line in the sand with him contract wise.
Sterling82 said:Teslag said:Sterling82 said:Teslag said:Sterling82 said:Teslag said:A is A said:Teslag said:A is A said: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.
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?
Worth isn't determined by your feelings. It's determined by one market actor willing to pay $1 more than your best offer.
It's not like there's only one coach in the world. Did we absolutely have to have Fisher when we hired him? When he was extended…the fifth team in a 4 team playoff with the number 1 recruiting class being formed? Repeat that stupidity another time or two and you've got a big problem.
Right now have at least 7 of 8 coaching jobs open that would absolutely love for A&M to lowball Elko and try to draw a line in the sand with him contract wise.
I never said a word about low balling Elko. He will get a good deal financially. He gets a 5 year rollover as it is so the term is adequate. But these 10 year guaranteed deals for 9 figures are lunacy. Unless, of course, there's a performance guarantee…to be equitable, a contract should protect both parties regardless of what the agent says.
Pumpkinhead said:
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.
Caleb12 said:Sterling82 said:Teslag said:Sterling82 said:Teslag said:Sterling82 said:Teslag said:A is A said:Teslag said:A is A said: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.
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?
Worth isn't determined by your feelings. It's determined by one market actor willing to pay $1 more than your best offer.
It's not like there's only one coach in the world. Did we absolutely have to have Fisher when we hired him? When he was extended…the fifth team in a 4 team playoff with the number 1 recruiting class being formed? Repeat that stupidity another time or two and you've got a big problem.
Right now have at least 7 of 8 coaching jobs open that would absolutely love for A&M to lowball Elko and try to draw a line in the sand with him contract wise.
I never said a word about low balling Elko. He will get a good deal financially. He gets a 5 year rollover as it is so the term is adequate. But these 10 year guaranteed deals for 9 figures are lunacy. Unless, of course, there's a performance guarantee…to be equitable, a contract should protect both parties regardless of what the agent says.
Penn State, Auburn, Florida, and maybe LSU would all do the 10 year/100m guarantee deal for Mike Elko. Which is why we have to. He may like A&M but I promise you he is not going to take less than he is offered elsewhere to stay here.
jokershady said:
Good! I really hope we pay him an extra 3.5 million in a few months!!!
ElephantRider said:
And it would be worth every penny
Have you not learned anything at all yet about what it means to have an elite HC?Flack said:Mr President Elect said:
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.
Someone is going to money ball it and figure out that a big chunk of the $10M you're paying your coach plus the $7M you're still paying the last coach(s) you fired would be better spent on the right on-the-field talent.
Get a serviceable head coach and spend the money on elite players and competent staff.
Stone44 said:
Sark making big money for a team that will go 8-4 and go to the Birmingham Bowl.
Sterling82 said:Stone44 said:
Sark making big money for a team that will go 8-4 and go to the Birmingham Bowl.
Indeed, all glory is fleeting.
Flack said:Mr President Elect said:
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.
Someone is going to money ball it and figure out that a big chunk of the $10M you're paying your coach plus the $7M you're still paying the last coach(s) you fired would be better spent on the right on-the-field talent.
Get a serviceable head coach and spend the money on elite players and competent staff.
Teslag said:Farmer_J said:
That contract looks fair and reasonable. I would actually be fine if it wasn't cumulative.
Why would anybody want to renegotiate?
Because the market and our competitors will dictate we do
Caleb12 said:Sterling82 said:Teslag said:Sterling82 said:Teslag said:Sterling82 said:Teslag said:A is A said:Teslag said:A is A said: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.
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.
Worth isn't determined by your feelings. It's determined by one market actor willing to pay $1 more than your best offer.
It's not like there's only one coach in the world. Did we absolutely have to have Fisher when we hired him? When he was extended…the fifth team in a 4 team playoff with the number 1 recruiting class being formed? Repeat that stupidity another time or two and you've got a big problem.
Right now have at least 7 of 8 coaching jobs open that would absolutely love for A&M to lowball Elko and try to draw a line in the sand with him contract wise.
I never said a word about low balling Elko. He will get a good deal financially. He gets a 5 year rollover as it is so the term is adequate. But these 10 year guaranteed deals for 9 figures are lunacy. Unless, of course, there's a performance guarantee…to be equitable, a contract should protect both parties regardless of what the agent says.
Penn State, Auburn, Florida, and maybe LSU would all do the 10 year/100m guarantee deal for Mike Elko. Which is why we have to. He may like A&M but I promise you he is not going to take less than he is offered elsewhere to stay here.
Farmer_J said:Teslag said:Farmer_J said:
That contract looks fair and reasonable. I would actually be fine if it wasn't cumulative.
Why would anybody want to renegotiate?
Because the market and our competitors will dictate we do
Terrible reason. Its almost like Jimbo never happened. Plus, it's not working for anyone.
If Elko wants a jimbo contract, let some other fool give him one. We'll stick with hungry coaches.
Farmer_J said:Teslag said:Farmer_J said:
That contract looks fair and reasonable. I would actually be fine if it wasn't cumulative.
Why would anybody want to renegotiate?
Because the market and our competitors will dictate we do
Terrible reason. Its almost like Jimbo never happened. Plus, it's not working for anyone.
If Elko wants a jimbo contract, let some other fool give him one. We'll stick with hungry coaches.
'03ag 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 +.Note - James Franklin was making $8.5 mil at PSU. Since everyone seems to think that Elko is their number 1 target.
- 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
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 said:
I have a feeling that if he wins the national championship, we're gonna take care of him.