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Posted on 11/29/22 at 4:03 pm
Posted on 11/29/22 at 4:03 pm
$6.5 million / year for 6 years.
Incentives on/off field can push him up to $10 mill a year if he gets us the Ship!
Buyout is 75% of remaining contract balance.
I like it a lot! I think all HC should be a fair base rate and anymore will be performance based!
WDE!
Incentives on/off field can push him up to $10 mill a year if he gets us the Ship!
Buyout is 75% of remaining contract balance.
I like it a lot! I think all HC should be a fair base rate and anymore will be performance based!
WDE!
5
Posted on 11/29/22 at 4:05 pm to Fearless_and_True
quote:I'm good with this. I'm sure it has some serious "behave yourself" clauses as well...
$6.5 million / year for 6 years.
Incentives on/off field can push him up to $10 mill a year if he gets us the Ship!
Buyout is 75% of remaining contract balance.
I like it a lot! I think all HC should be a fair base rate and anymore will be performance based!
WDE!
Posted on 11/29/22 at 4:09 pm to ALhunter
Damn, I hope he makes that 10 million dollar bonus.
Posted on 11/29/22 at 5:28 pm to Fearless_and_True
quote:
Buyout is 75% of remaining contract balance.
Dumb as hell.
Posted on 11/29/22 at 5:36 pm to slacker130
I expected the buyout to be incremental increases as he performs and behaves. I’d like to see the out clauses for cause.
Posted on 11/29/22 at 5:45 pm to slacker130
quote:
Buyout is 75% of remaining contract balance.
quote:
Dumb as hell.
I disagree, each year it diminishes and with all the guarantees these days we would be off the hook for a lot. I predict at worst we keep him 3 years if it’s a full bust.
Year by year:
2023: $24,375,000
2024: $19,500,000
2025: $14,625,000
2026: $9,750,000
2027: $4,875,000
Posted on 11/29/22 at 6:02 pm to Fearless_and_True
quote:
I disagree
Auburn had all the leverage. No one wanted Freeze. Anyone with some very basic negotiation skills could have easily made that buyout 4 JHS souvenir cups filled with bottle caps, a lifetime B Zone parking pass, & a truck load of Yellawood discards.
Posted on 11/29/22 at 6:11 pm to Fearless_and_True
Great contract the 75% buyout is pretty standard now for Sexton clients. I love that it is incentive based
Posted on 11/29/22 at 6:24 pm to Fearless_and_True
Looks like they are beginning to listen to how to draft these contracts
Posted on 11/29/22 at 6:40 pm to slacker130
quote:
a lifetime B Zone parking pass
Posted on 11/29/22 at 6:48 pm to AubieinNC2009
quote:
75% buyout is pretty standard now for Sexton clients
I have grown to really hate that guy.
Posted on 11/29/22 at 6:57 pm to slacker130
quote:
Auburn had all the leverage. No one wanted Freeze. Anyone with some very basic negotiation skills could have easily made that buyout 4 JHS souvenir cups filled with bottle caps, a lifetime B Zone parking pass, & a truck load of Yellawood discards.
You obviously live in a Willy Wonka world of lollipop trees and chocolate rivers.
Posted on 11/29/22 at 7:12 pm to Jyrdis
A B-Zone parking pass is nothing to sneeze at.
Posted on 11/29/22 at 7:47 pm to slacker130
quote:
lifetime B Zone parking pass,
I think I had one as a GTA. I haven’t thought about all that in a long time.
Posted on 11/29/22 at 11:55 pm to slacker130
quote:This is a good contract. He was making like $5mm per year at Liberty. This puts him middle of the pack in the SEC. Maybe even bottom half at this point with the ability to be a top paid coach if he performs.
Auburn had all the leverage. No one wanted Freeze. Anyone with some very basic negotiation skills could have easily made that buyout 4 JHS souvenir cups filled with bottle caps, a lifetime B Zone parking pass, & a truck load of Yellawood discards.
This is how these coach contracts should be structured.
Posted on 11/30/22 at 1:21 am to ALhunter
i think he's 8th by per year pay in the conference
Posted on 11/30/22 at 6:21 am to beatbammer
quote:
You obviously live in a Willy Wonka world of lollipop trees and chocolate rivers.
You sound jealous.
75% buyout is the industry standard. If you think Freeze was the "industry standard" hire, I don't know what to tell you. He was clearly damaged goods and AU was the only one kicking the tires.
Posted on 11/30/22 at 7:22 am to Fearless_and_True
My objections aside, it is insane we made the buyout that large. We had 100% of the leverage in this negotiation and still bent over for millions and millions more dollars.
Mind blowing.
Mind blowing.
Posted on 11/30/22 at 8:02 am to RandySavage
I’m sure we have a stiff morality clause in there that can void the buyout.
I don’t think this buyout will come into play. Freeze can turn around a program but I question how high the ceiling is.
He had fairly quick success at Ole Miss and Liberty and that’s what he sells, but afterwards can he sustain? 8-5 at Liberty with Malik (which was supposed to be his proof that he can win without cheating) isn’t special.
I don’t think this buyout will come into play. Freeze can turn around a program but I question how high the ceiling is.
He had fairly quick success at Ole Miss and Liberty and that’s what he sells, but afterwards can he sustain? 8-5 at Liberty with Malik (which was supposed to be his proof that he can win without cheating) isn’t special.
Posted on 11/30/22 at 8:15 am to AubieinNC2009
quote:
Great contract the 75% buyout is pretty standard now for Sexton clients.
Seems like it is an Auburn standard.
Gus 75%
Harsin 70%
Freeze 75%
I thought it was dumb when Auburn did it for Malzahn, and dumber that we keep doing it. But I guess it is the “standard” now.
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