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Harsin contract: 6 years, 31.5m (+ Assistants)
Posted on 3/15/21 at 3:26 pm
Posted on 3/15/21 at 3:26 pm
quote:
New Auburn football coach Bryan Harsin has signed a six-year contract with the school that will pay him an average of $5.25 million, according to documents released Monday.
Harsin, who came to Auburn from Boise State in December, is signed through Dec. 31, 2026. His salary begins at $5 million and increases by $100,000 on Jan. 1 of each year of the contract. Harsin's bonus structure includes $100,000 for winning the SEC West Division and $250,000 for winning an SEC championship.
He will earn $200,000 for every New Year's Six bowl appearance; $300,000 for reaching the College Football Playoff; $400,000 for reaching the national title game and $800,000 for winning a national championship.
If Auburn fires Harsin without cause, it will owe the coach 70% of his remaining salary through the contract term, half of which will be paid within 30 days of termination. The remaining 50% would be paid out over four years, and Harsin's guarantee is not subject to offset or mitigation. Auburn had a similarly structured agreement with Harsin's predecessor, Gus Malzahn, who was fired in December. Malzahn was owed more than $21 million on his contract, and he received half of the amount within 30 days. UCF last month hired Malzahn as its coach. Malzahn earned $6,927,589 at Auburn in 2020.
If Harsin leaves Auburn before the end of the contract, he would owe the school $7 million in the first year, $5 million in the second year and $3 million in the third year. His buyout then drops by $1 million apiece in the fourth and fifth years of the agreement.
Harsin, 44, earned $1.85 million at Boise State in 2020. He comes to Auburn with a 76-24 record in eight seasons as a head coach.
ESPN
Assistants:
quote:
Caddy (Runningbacks): 2 years, 700K (350k annually)
Brad Bedell (Tight ends): 2 years, 700K (350K annually)
Jeff Schmedding (ILB coach): 2 years, 1m (500K annually)
Bert Watts (OLBs/special teams coordinator): 2 years, $850K (425K annually)
Cornelius Williams (WRs): 2 years, $600k (300k annually)
Zac Etheridge (CBs): 2 years, $630k (315K annually)
Will Friend (Offensive Line): 2 years, 1.4m (700K annually)
Mike Bobo (OC/QBs): 3 years, $3.9 million (1.3m annually)
Jeff Pittman (S&C): 2 years, 800K (400K annually)
Nick Eason (DL): 2 years, 1.4m (700K annually)
Derek Mason (Defensive Coordiantor): 2 years, 3m (1.5m annually)
Assistant contract info collected from Nate King @247, Tom Green @AL.com
This post was edited on 3/16/21 at 10:55 am
Posted on 3/15/21 at 3:39 pm to TheJones
quote:the good
His salary begins at $5 million and increases by $100,000 on Jan. 1 of each year of the contract.
quote:the bad
If Auburn fires Harsin without cause, it will owe the coach 70% of his remaining salary through the contract term, half of which will be paid within 30 days of termination. The remaining 50% would be paid out over four years
quote:the mind-numbingly stupid
and Harsin's guarantee is not subject to offset or mitigation.
Posted on 3/15/21 at 3:51 pm to FearlessFreep
If Auburn fires him after 4 seasons, they’ll owe him 7.4 million. 3.7 due in a month, then less than a million a year afterward. That’s not quite as bad
After 3, it’s 11.2 due. 5.6 due in 30, 1.4m/year after.
Not a fan of the 70% thing that we seem to like doing but those numbers are vastly different than the sums handed out to Gus I suppose I’m more cautious about what this could set up an extension to look like
After 3, it’s 11.2 due. 5.6 due in 30, 1.4m/year after.
Not a fan of the 70% thing that we seem to like doing but those numbers are vastly different than the sums handed out to Gus I suppose I’m more cautious about what this could set up an extension to look like
Posted on 3/15/21 at 3:53 pm to FearlessFreep
It's not a terrible K, you're not firing him before 2 years anyway, so a 14m buyout after a semi-big hire and firing after 2 seasons isn't that crazy. The risk is in getting a West guy to come coach in the SEC, not the contract. And if I'm him, I want a good bit of security for going out on that limb and uprooting from home.
The no offset stuff is weird, I don't know if that's Auburn being uneasy about throwing its weight around or if that is the new standard.
For years we've given sweetheart deals, like paying completely unaccomplished position coaches top 15ish salaries when they couldn't land a similar gig anywhere else. I just don't really get it.
The no offset stuff is weird, I don't know if that's Auburn being uneasy about throwing its weight around or if that is the new standard.
For years we've given sweetheart deals, like paying completely unaccomplished position coaches top 15ish salaries when they couldn't land a similar gig anywhere else. I just don't really get it.
Posted on 3/15/21 at 3:54 pm to Pettifogger
I added assistant deals to the thread as well.
Bobo gets 1.3m/year
Bobo gets 1.3m/year
Posted on 3/15/21 at 3:57 pm to TheJones
quote:This pisses me off more than anything else posted in the OP
Bobo gets 1.3m/year
Posted on 3/15/21 at 3:59 pm to The Nino
Is 1.3 even that high for well known OC these days?
I don't think Bobo is worth that in a bubble. But with Harsin being something of a fish out of water, he might be worth it in navigating the initial couple years of SEC recruiting.
I don't think Bobo is worth that in a bubble. But with Harsin being something of a fish out of water, he might be worth it in navigating the initial couple years of SEC recruiting.
Posted on 3/15/21 at 4:07 pm to Pettifogger
Derek Mason: 2 years, 1.5m/year
Posted on 3/15/21 at 4:16 pm to TheJones
Wow, Eason got a good deal compared to the other non-coordinator coaches.
Posted on 3/15/21 at 4:17 pm to Pettifogger
quote:
Is 1.3 even that high for well known OC these days?
I don't think Bobo is worth that in a bubble. But with Harsin being something of a fish out of water, he might be worth it in navigating the initial couple years of SEC recruiting.
I think that is pretty fair for an OC in his first year at a new school. As we did with our DC we started I think around then, and as our D became a strength and fairly dominant Steele got what 2 to 2.5m a year?
Unless you get an inexperienced guy elevated to OC, anything over a 1m is probably standard.
This post was edited on 3/15/21 at 4:31 pm
Posted on 3/15/21 at 4:18 pm to TheJones
Well we owe Gus 2 million a year, plus Harsins 5 million a year = Gus's old salary of 7 million. so cost us $10.5 to get rid of Gus.
I wish we required an off-set if they are hired. Even a 50% off-set would work.
I wish we required an off-set if they are hired. Even a 50% off-set would work.
Posted on 3/15/21 at 4:18 pm to AUEE13
Same deal as Will Friend. I messed up the initial numbers because the reporters were using different methods (annual versus total)
Posted on 3/15/21 at 4:28 pm to TheJones
quote:
Not a fan of the 70% thing that we seem to like doing but those numbers are vastly different than the sums handed out to Gus I suppose I’m more cautious about what this could set up an extension to look like
Hey Auburn renegotiated a lesser buyout from 75% for you know who to Harsin's 70%. That's better at least.
I do think at major colleges, if you want to compete, they all have to include that type of payout if fired.
I think Dabo and Jimbo have I think between 40-50m buyouts at this time. Also, Riley at OK, and SEC schools like GA, KY, LSU, etc have buyouts bt 20-30m.
So it is what it is, and whether we don't really like it will always be this way, unless college football as an entity changes.
This post was edited on 3/15/21 at 4:32 pm
Posted on 3/15/21 at 4:34 pm to TheJones
quote:
Assistants:
quote:
Caddy (Runningbacks): 2 years, 700K (350k annually)
Brad Bedell (Tight ends): 2 years, 700K (350K annually)
Jeff Schmedding (ILB coach): 2 years, 1m (500K annually)
Bert Watts (OLBs/special teams coordinator): 2 years, $850K (425K annually)
Cornelius Williams (WRs): 2 years, $600k (300k annually)
Zac Etheridge (CBs): 2 years, $630k (315K annually)
Will Friend (Offensive Line): 2 years, 1.4m (700K annually)
Mike Bobo (OC/QBs): 3 years, $3.9 million (1.3m annually)
Jeff Pittman (S&C): 2 years, 800K (400K annually)
Nick Eason (DL): 2 years, 1.4m (700K annually)
Derek Mason (Defensive Coordiantor): 2 years, 3m (1.5m annually)
One interesting observation is the OC got 3 years and the DC got 2 years. I wonder why they wouldn't be equal as coordinators?
Posted on 3/15/21 at 4:48 pm to AuSteeler
That was probably Mason's decision? Pretty sure he wants to be a HC again sooner than Bobo.
Posted on 3/15/21 at 6:00 pm to TheJones
Don't care about buyout in this contract. We will go long term.
Now, if that stupid contract language is in a 2 year extension then we have problems.
Now, if that stupid contract language is in a 2 year extension then we have problems.
Posted on 3/15/21 at 6:12 pm to AUEE13
I understand the economics of coaching and competitive pay...
Spurrier was the first coach to make $1million in 1996 due to inflation that 1 million would be equal to about 1.6 in todays money.
In 1988 the average head coach made 417K.
And now we are talking head coaches making 11million, 9 million, 7million all with long term contracts. Coordinators making over 2million a year.
Crazy money. There are some high school coaches... actually many of them that make an extra 4K a year to coach and that's it.
Spurrier was the first coach to make $1million in 1996 due to inflation that 1 million would be equal to about 1.6 in todays money.
In 1988 the average head coach made 417K.
And now we are talking head coaches making 11million, 9 million, 7million all with long term contracts. Coordinators making over 2million a year.
Crazy money. There are some high school coaches... actually many of them that make an extra 4K a year to coach and that's it.
Posted on 3/15/21 at 6:38 pm to AuSteeler
quote:
One interesting observation is the OC got 3 years and the DC got 2 years. I wonder why they wouldn't be equal as coordinators?
Bobo is somehow only 46. He seems like he’s 60 but we paid a premium getting him away from USCe. Takes a pay raise to do that.
Mason’s AAV is higher but he’s coming off a head coach gig that’s probably still paying out. I wouldn’t look too much into those terms
Posted on 3/15/21 at 7:10 pm to TheJones
Inb4brannigan
I’m looking forward to his eloquent argument that market value is a myth.
I’m looking forward to his eloquent argument that market value is a myth.
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