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re: I'll give Sumlin this, he's changed up his recruiting strategy
Posted on 12/2/16 at 11:01 pm to NanosTacoRun
Posted on 12/2/16 at 11:01 pm to NanosTacoRun
After the Texas Bowl this year, Sumlin can walk away from A&M (with 3 years left on his contract) and not pay A&M a dime. A&M would owe Sumlin $15 million if we want to fire him.
That's after being one of the highest paid coaches in the nation for the past 3 years, each which he produced disappointing results. And he is owed the money within 60 days (does any other coach in the nation have such a clause). And the buyout has no offset, which is also very rare.
So to recap, the contract we gave him:
-is one of the highest in the nation
-has one of the highest buyouts in the nation
-has no protection for A&M
-has the worst buyout-timeframe clause in the nation
-has the worst buyout-offset clause in the nation
... and when taken as a whole, prevents us from firing him. That seems like the textbook case for a contract worth complaining about
That's after being one of the highest paid coaches in the nation for the past 3 years, each which he produced disappointing results. And he is owed the money within 60 days (does any other coach in the nation have such a clause). And the buyout has no offset, which is also very rare.
So to recap, the contract we gave him:
-is one of the highest in the nation
-has one of the highest buyouts in the nation
-has no protection for A&M
-has the worst buyout-timeframe clause in the nation
-has the worst buyout-offset clause in the nation
... and when taken as a whole, prevents us from firing him. That seems like the textbook case for a contract worth complaining about
3
Posted on 12/2/16 at 11:11 pm to NanosTacoRun
Arizona State has a similar shitty contract with their coach.
Posted on 12/2/16 at 11:20 pm to NanosTacoRun
Refresh my memory: when was this contract inked? Thanks.
Posted on 12/2/16 at 11:45 pm to NanosTacoRun
quote:
After the Texas Bowl this year, Sumlin can walk away from A&M (with 3 years left on his contract) and not pay A&M a dime. A&M would owe Sumlin $15 million if we want to fire him.
That's after being one of the highest paid coaches in the nation for the past 3 years, each which he produced disappointing results. And he is owed the money within 60 days (does any other coach in the nation have such a clause). And the buyout has no offset, which is also very rare.
So to recap, the contract we gave him:
-is one of the highest in the nation
-has one of the highest buyouts in the nation
-has no protection for A&M
-has the worst buyout-timeframe clause in the nation
-has the worst buyout-offset clause in the nation
... and when taken as a whole, prevents us from firing him. That seems like the textbook case for a contract worth complaining about
We wanted to ward off USC...and we successfully did.
If you want to complain about the coach not turning out to be the guy we thought he was or whether we should have let him walk, then go for it. But don't cry about the actual contract. Business is business and we paid just enough to outbid USC. It's what the market demanded and we matched it. We wanted him and we paid. If we didn't want him, we would have let him walked.
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