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re: Texas A&M Athletics has released the key terms of Mike Elko’s contract
Posted on 11/27/23 at 4:16 pm to DalenSA
Posted on 11/27/23 at 4:16 pm to DalenSA
quote:
How do you manage to overpay for a guy from a basketball school
I guess I’m not seeing the issue. It’s only overpaying if the payor thinks the agreed upon amount is too much. The terms seem reasonable to me.
We were either going to be criticized for paying too much for a coach or for bringing in a guy who didn’t command a decent salary. Such is life on tSECr.
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Posted on 11/27/23 at 4:17 pm to Farmer1906
quote:
Just realized what the 11 M assistant pool means
Is that per year? Because the Auburn staff is just under $7MM. But that's just this year. The entirety if all the assistant contracts is like $18MM.
This post was edited on 11/27/23 at 4:18 pm
Posted on 11/27/23 at 4:18 pm to IAmNERD
Yes. Per year.
Posted on 11/27/23 at 4:18 pm to EKG
Elko's version of the plaque
Posted on 11/27/23 at 4:19 pm to EKG
All the alters, minors, troglodytes, and extra-chromosome-sporting posters on here will have a field day with this…but honestly, it is a perfectly reasonable and competitively written contract that I’d expect to see at any notable power 5 school who could afford it and wants to be competitive. It has a great base rate and heavy incentives. I see nothing wrong with it and if any of your schools posted such an agreement, I’d say exactly the same.
This post was edited on 11/27/23 at 4:26 pm
Posted on 11/27/23 at 4:20 pm to EKG
Why is it printed on a sheet of paper and distributed via selfie instead of posted to a website?
Posted on 11/27/23 at 4:20 pm to Flying DeLorean
looks like a good contract. yall shouldve did this in 2017
Posted on 11/27/23 at 4:21 pm to PerrillouxToTexas
quote:
Elko's version of the plaque
Nah.
Incentives (like those listed in Elko’s deal) are standard in a contract; absurd plaques are not.
Posted on 11/27/23 at 4:21 pm to CharlotteSooner
She wanted us to think she had sauces.
She grabbed it from somewhere else.
She grabbed it from somewhere else.
Posted on 11/27/23 at 4:22 pm to geauxnavybeatbama
We learning
Posted on 11/27/23 at 4:22 pm to EKG
I agree that it's a fine deal.
But it's going to be posted every year at the "Furk" point (i.e. when it's clear he won't hit those incentives), just like the picture of the plaque.
But it's going to be posted every year at the "Furk" point (i.e. when it's clear he won't hit those incentives), just like the picture of the plaque.
Posted on 11/27/23 at 4:23 pm to SlicedBread
quote:
theoretically make $17M that year!?
I'd bet the final wording of the contract clarifies those stages to not payout per stage, but for where the team finished as a single payout for the CFP stages.
If not, Aggie will never learn, even if it is very low risk.
This post was edited on 11/27/23 at 4:25 pm
Posted on 11/27/23 at 4:23 pm to Flying DeLorean
Yep. Pretty darn reasonable all around.
6 years. $7 mil per year, plus incentive potential. 75% buyout if A&M wants to move on. That's about as reasonable as it gets.
If A&M gives him 3 years, and it isn't working out, that's about a $15 million buyout if my mental math is close.
6 years. $7 mil per year, plus incentive potential. 75% buyout if A&M wants to move on. That's about as reasonable as it gets.
If A&M gives him 3 years, and it isn't working out, that's about a $15 million buyout if my mental math is close.
Posted on 11/27/23 at 4:23 pm to CharlotteSooner
quote:
Why is it printed on a sheet of paper and distributed via selfie instead of posted to a website?
It was printed by a media member.
I’ve no idea from where he accessed it.
This wasn’t an official deliverable, circulated by the AD.
Posted on 11/27/23 at 4:24 pm to PerrillouxToTexas
This is actually a good point.
Everybody should grab a screenshot of that contract they created on wordperfect now.
Everybody should grab a screenshot of that contract they created on wordperfect now.
Posted on 11/27/23 at 4:25 pm to Errerrerrwere
quote:
She wanted us to think she had sauces.
She grabbed it from somewhere else.
My source was/is X.
Specifically, Liucci’s account.
Many others reposted it as well.
Posted on 11/27/23 at 4:25 pm to H2O Tiger
quote:
Gonna need a ton of $$$ to convince anyone decent to walk into that pressure cooker of unreasonable expectations.
LSU gave Kelly how much again?
Posted on 11/27/23 at 4:25 pm to Errerrerrwere
quote:
*17.5 :cough:
Not cumulative.
Posted on 11/27/23 at 4:28 pm to EKG
quote:
My source was/is X.
Specifically, Liucci’s account.
Many others reposted it as well.
Give it up.
This troll has been on a tear lately.
All she wants to do is rile up responses.
Posted on 11/27/23 at 4:28 pm to SlicedBread
quote:
If he made a NC run he could theoretically make $17M that year!?
Is each incentive compounding or just the threshold on which the incentive stops and the final payout?
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