Started By
Message
re: Gus Malzahn’s buyout drops by 7 million in 3 days
Posted on 11/28/20 at 9:16 am to Stidham8
Posted on 11/28/20 at 9:16 am to Stidham8
LINK
LINK
LINK
quote:
Malzahn’s buyout as of December 1, 2020? A whopping $21,450,000
LINK
quote:
Updated Oct 14, 2020; Posted Oct 14, 2020
quote:
Malzahn’s buyout, as of Dec. 1, is set at $21,450,000 -- which is 75 percent of the money remaining on his contract as of the end of the season.
LINK
quote:
According to USA Today’s 2020 college football coaches salary database, Malzahn’s buyout as of Dec. 1 of this year stands at $21,450,000.
1
Posted on 11/28/20 at 9:18 am to MrAUTigers
It drops after December 1st.
December 2nd he only has 3 years worth of contract money to buyout. As it currently stands he has 4 years.
December 2nd he only has 3 years worth of contract money to buyout. As it currently stands he has 4 years.
Posted on 11/28/20 at 9:18 am to Stidham8
quote:
Most Auburn fans don’t understand his contract details.
Yep, and you are at the head of the line.
Posted on 11/28/20 at 9:22 am to Stidham8
LINK
Auburn would owe 75% of that.
quote:
75 percent is fully guaranteed in the event Auburn were to terminate its head football coach before the end of the contract, which runs through Dec. 31, 2024, or the day after Auburn's last football game of that season.
quote:
Year: Base salary + personal endorsement rights + radio, internet & TV rights
2018: $500,000 + $3,100,000 + $3,100,000 = $6,700,000
2019: $500,000 + $3,150,000 + $3,150,000 = $6,800,000
2020: $500,000 + $3,200,000 + $3,200,000 = $6,900,000
2021: $500,000 + $3,250,000 + $3,250,000 = $7,000,000
2022: $500,000 + $3,300,000 + $3,300,000 = $7,100,000
2023: $500,000 + $3,350,000 + $3,350,000 = $7,200,000
2024: $500,000 + $3,400,000 + $3,400,000 = $7,300,000
Auburn would owe 75% of that.
This post was edited on 11/28/20 at 9:26 am
Posted on 11/28/20 at 9:29 am to Stidham8
4 loss Gus is still on track this year. Lose to Bama and A&M and beat State.
Death, taxes and Gus losing 4 games are all that is a given in life.
Death, taxes and Gus losing 4 games are all that is a given in life.
Posted on 11/28/20 at 9:30 am to remaster916
Yet he somehow is one game under .500 against saban. Inept Gus. 
Posted on 11/28/20 at 9:30 am to MrAUTigers
They young, gus just needs a few more years,
Posted on 11/28/20 at 9:31 am to Stidham8
quote:
Most Auburn fans don’t understand his contract details. With the buyout dropping soon and a looming potential iron bowl beatdown there’s a strong chance a change is made.
Here is an article on his buyout. It assumes that he gets fired on December 31 of any given year.
Here's a table of Malzahn's annual salary, remaining balance after that year and the buyout after that year. The buyout assumes, for simplicity's sake, that he'd be fired on Dec. 31 of that year. For example, as noted above, if fired on Dec. 31, 2018, he'd be owed 75 percent of the remaining $42.3 million, or $31.725 million. If fired on Dec. 31, 2019, he'd be owed $26.625 million.
Year Salary Remaining Buyout
2018 $6,700,000 $42,300,000 $31,725,000
2019 $6,800,000 $35,500,000 $26,625,000
2020 $6,900,000 $28,600,000 $21,450,000
2021 $7,000,000 $21,600,000 $16,200,000
2022 $7,100,000 $14,500,000 $10,875,000
2023 $7,200,000 $7,300,000 $5,475,000
2024 $7,300,000 $0 $0
As you can see, if he is fired this year his remaining buyout would be $21 Million
Forgot the link:
LINK
This post was edited on 11/28/20 at 9:33 am
Posted on 11/28/20 at 9:34 am to MrAUTigers
Wow, I thought he only had 3 years remaining on the contract after this season. Yeah, 75% of 28 million puts it at 21 million for this year.
Damn. That’s steep. South Carolina dished out 15.3 million to Will Muschamp, so 21 million isn’t totally unfeasible, but unlikely.
Damn. That’s steep. South Carolina dished out 15.3 million to Will Muschamp, so 21 million isn’t totally unfeasible, but unlikely.
Posted on 11/28/20 at 9:35 am to MrAUTigers
True, 3-1 at voodoo JHS and 0-3 at BDS.
Saban straight up blew the 13 Iron Bowl with BAD coaching decisions. You can thank Mac Jones for giving Auburn a win in 19 in a game Bama should have won by 14 plus.
Saban straight up blew the 13 Iron Bowl with BAD coaching decisions. You can thank Mac Jones for giving Auburn a win in 19 in a game Bama should have won by 14 plus.
Posted on 11/28/20 at 9:35 am to remaster916
The inability to understand Gus' contract is shocking.
Posted on 11/28/20 at 9:36 am to remaster916
bama never loses. They just beat themselves. You fail to acknowledge that Inept Gus went toe-to-toe with saban for the entire game to be in a position to win it.
Posted on 11/28/20 at 9:36 am to Stidham8
Gus wins today and gets a new contract
Posted on 11/28/20 at 9:37 am to Stidham8
Dec. 1st is the start of the new year on his contract.
Posted on 11/28/20 at 9:38 am to deltaland
Not with 4 years left on the original. If somebody wants to come take him, THEY can pay the buyout.
Posted on 11/28/20 at 9:39 am to Stidham8
quote:
Damn. That’s steep. South Carolina dished out 15.3 million to Will Muschamp, so 21 million isn’t totally unfeasible, but unlikely.
Again, that's just for Gus. You will have the entire staff's buyout. You will have the buyout of the new HC and his staff. It would easily be $30M before the new HC and the new staff get their contracts.
This post was edited on 11/28/20 at 9:40 am
Posted on 11/28/20 at 9:40 am to Stidham8
quote:
Gus Malzahn’s buyout drops by 7 million in 3 days
only because it turns into salary paid. We owe that moron $36 million be it salary or buyout. Posted on 11/28/20 at 9:40 am to MrAUTigers
quote:
bama never loses. They just beat themselves
Well, if you throw two pick sixes that gives the other team 14 points and you lose by 3, you kinda did beat yourselves.
Posted on 11/28/20 at 9:42 am to remaster916
quote:
Well, if you throw two pick sixes that gives the other team 14 points and you lose by 3, you kinda did beat yourselves.
Yeah. Our defense didn’t have anything to do with that
Now a fumble in the open field is a different story.
Posted on 11/28/20 at 9:42 am to MrAUTigers
quote:
Dec. 1st is the start of the new year on his contract.
This time next year it drops to ~15 million then. I miscounted thinking he only had 3 years remaining instead of 4.
This is the question the administration/boosters will have to answer, is 6 million dollars worth waiting a year for the inevitable firing? The damage it will do with recruiting is already surfacing to defcon 1 levels (39th ranked in recruiting, set up for one of the worst classes we’ve had). Is 6 million dollars worth another awful class in 2022 along with the energy being drained from the program?
I guess we’ll find out soon.
Page 2 of 4
Back to top
Follow SECRant for SEC Football News