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Structuring contracts
Posted on 12/16/20 at 11:06 am
Posted on 12/16/20 at 11:06 am
USA TODAY Sports' annual review of coaches' compensation found that the average total pay for FBS head coaches in 2020-21 is $2.7 million.
Why not start at a base of $2.7 million with numerous incentives?
Win the west. $1 million bonus
Win SEC. $2 million bonus.
Win playoff game $1 million bonus.
Win nattie $3 million bonus.
So if you won the nattie 1+2+1+3+ 2.7 = 9.7 million.
Maybe some smaller Money for 9-3 or better.
Winning bowl game, etc.
How do we avoid a terrible contract?
Why not start at a base of $2.7 million with numerous incentives?
Win the west. $1 million bonus
Win SEC. $2 million bonus.
Win playoff game $1 million bonus.
Win nattie $3 million bonus.
So if you won the nattie 1+2+1+3+ 2.7 = 9.7 million.
Maybe some smaller Money for 9-3 or better.
Winning bowl game, etc.
How do we avoid a terrible contract?
12
Posted on 12/16/20 at 11:10 am to makersmark1
I have said this for years but they are smarter people than me making those decision.
Posted on 12/16/20 at 11:10 am to makersmark1
Nobody would accept that with Saban in our division
Base 2.75MM
250k bonus per win
1MM Bonus for Playoff
5MM Bonus for Championship
12MM for an undefeated season with a championship.
4.75MM for a 8-4 season
Base 2.75MM
250k bonus per win
1MM Bonus for Playoff
5MM Bonus for Championship
12MM for an undefeated season with a championship.
4.75MM for a 8-4 season
Posted on 12/16/20 at 11:10 am to makersmark1
Because that’s not how you get good coaches to sign
Posted on 12/16/20 at 11:11 am to makersmark1
Picking and paying a new coach is a crap shoot. You cant cheap these guys. Thats why they all have representation. There is a going rate and that rate in the SEC West is way higher than 2.5mil per year unfortunately.
In all, colleges do not determine the price. The market does.
Like it or not, if you want a good new coach, you are going to pay for it. If you want a big name coach, that is if you can get one to agree to come to Auburn, you are really going to pay for it
In all, colleges do not determine the price. The market does.
Like it or not, if you want a good new coach, you are going to pay for it. If you want a big name coach, that is if you can get one to agree to come to Auburn, you are really going to pay for it
Posted on 12/16/20 at 11:13 am to makersmark1
quote:Because Jimmy Sexton
Why not start at a base of $2.7 million with numerous incentives?
Posted on 12/16/20 at 11:14 am to LanierSpots
quote:
I have said this for years but they are smarter people than me making those decision.
Not smarter. Better negotiators. Coupled with desire to put a coach in charge.
Posted on 12/16/20 at 11:20 am to makersmark1
quote:That is all BCS programs. What is it for P5 programs? Pay USA money, get USA results.
USA TODAY Sports' annual review of coaches' compensation found that the average total pay for FBS head coaches in 2020-21 is $2.7 million.
Also, is that mean average salary or median salary?
Posted on 12/16/20 at 11:28 am to LanierSpots
quote:
Picking and paying a new coach is a crap shoot. You cant cheap these guys. Thats why they all have representation. There is a going rate and that rate in the SEC West is way higher than 2.5mil per year unfortunately.
In all, colleges do not determine the price. The market does.
Like it or not, if you want a good new coach, you are going to pay for it. If you want a big name coach, that is if you can get one to agree to come to Auburn, you are really going to pay for it
Oh man, you're going to make some minds explode with this one.
Posted on 12/16/20 at 11:32 am to makersmark1
quote:
Why not start at a base of $2.7 million with numerous incentives?
Matt Campbell makes 3 million in Ames Iowa. Nobody will come with a pay cut. Elite coaches want to get paid like they’re elite.
Now someone like Steele? 2.7 will do just fine.
Posted on 12/16/20 at 11:39 am to jangalang
Ok.
5 million bad pay.
I’m just saying performance should escalate salary.
Gus never lived up to the contract.
That’s why he got fired.
5 million bad pay.
I’m just saying performance should escalate salary.
Gus never lived up to the contract.
That’s why he got fired.
Posted on 12/16/20 at 11:59 am to makersmark1
quote:
Ok.
5 million bad pay.
I’m just saying performance should escalate salary.
Gus never lived up to the contract.
That’s why he got fired.
LOL. Man I dont know what you do for a living but I dont think it is working with contracts.
One of the big problems with your thinking is, a head coach will never have full control in Auburn. Or at most colleges in reality. You are basing his salary off what others who he has no control of is doing or performing.
Small incentives are one thing but basing the majority of a salary off performance of a program will not happen.
Posted on 12/16/20 at 12:00 pm to makersmark1
Because we don’t just get to name our price. That’s not how it works
Posted on 12/16/20 at 12:09 pm to LanierSpots
quote:
Like it or not, if you want a good new coach, you are going to pay for it. If you want a big name coach, that is if you can get one to agree to come to Auburn, you are really going to pay for it
If you identify and hire a young, up and comer, you might get away with a modest base and high incentives, but once he has a good year, you'll have to match the market.
Posted on 12/16/20 at 12:12 pm to makersmark1
The problem with that is if somebody else offers him more base and less in incentives they will take that (and should).
Now if you decide to hire a coach nobody else is inteerested in hiring as a HC then you might be able to get away with this as long as they don't have a good year
Now if you decide to hire a coach nobody else is inteerested in hiring as a HC then you might be able to get away with this as long as they don't have a good year
Posted on 12/16/20 at 12:15 pm to makersmark1
If I was king for a day, the contract would be as follows:
2.5M base
250k/ non-P5 win
500k / P5 win
1M win division
1M win SEC
2.5M make playoffs
5M win NC
500k make bowl
1M win bowl
All bonuses are stackable. So in a regular season where we play 9 P5 teams and 3 others going 8-4 earns $6.25M pre-bowl game. An undefeated season earns $18.75M. Buyout is sum of previous 3 years compensation.
2.5M base
250k/ non-P5 win
500k / P5 win
1M win division
1M win SEC
2.5M make playoffs
5M win NC
500k make bowl
1M win bowl
All bonuses are stackable. So in a regular season where we play 9 P5 teams and 3 others going 8-4 earns $6.25M pre-bowl game. An undefeated season earns $18.75M. Buyout is sum of previous 3 years compensation.
Posted on 12/16/20 at 1:09 pm to LanierSpots
I don’t get paid if I don’t perform.
It is what it is.
This post was edited on 12/16/20 at 1:11 pm
Posted on 12/16/20 at 1:15 pm to makersmark1
quote:
I don’t get paid if I don’t perform.
Me and you both.
Unfortunately, its not the same for them.
I have had a few people gawk at my daily guide rates. I just tell them, look at the market.
Posted on 12/16/20 at 1:25 pm to JamalSanders
Jamal I think that’s basically how we approached Bruce’s first contract. Bruce did so well that in the following extension we basically annulled some incentives because Bruce satisfied the requirements too easily.
Posted on 12/16/20 at 3:34 pm to makersmark1
I think my biggest issue is the buyout. Buyouts are a protecting a coach from suffering the consequences of crappy performance.
This is a merit based sport, why should coaching not be subject to merit based requirements?
This is a merit based sport, why should coaching not be subject to merit based requirements?
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