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Posted on 11/27/23 at 4:30 pm to Trauma14
quote:
Is each incentive compounding or just the threshold on which the incentive stops and the final payout?
Almost certainly the latter, for a max of ~$10.5 mil. This is just a listing of key terms. The full contract will spell all that out in detail.
This post was edited on 11/27/23 at 4:31 pm
Posted on 11/27/23 at 4:31 pm to EKG
quote:
Texas A&M Athletics has released the key terms of Mike Elko’s contract
Posted on 11/27/23 at 4:31 pm to AllbyMyRelf
quote:
Even though this is a completely reasonable agreement (ridiculously high SEC HC salaries notwithstanding), it will get trolled/ flamed because the Rant is a cesspool
Truth
Posted on 11/27/23 at 4:33 pm to Krampus
I like the contract....A national championship is well worth 17.5 million... Looks like A solid decision by A&M leadership... Elko has earned a shot, whether he works out or not, is anyone's guess... Just as it would be with any coach hired anywhere.
Posted on 11/27/23 at 4:36 pm to mattloc
I agree. I think the post-season incentives are not cumulative, but even if they are, $17.5 mil for a NC is not ridiculous at all. The exposure, ticket sales, merch sales, etc. will way more than offset the extra $10 mil paid in incentives.
Posted on 11/27/23 at 4:40 pm to H2O Tiger
quote:
Gonna need a ton of $$$ to convince anyone decent to walk into that pressure cooker of unreasonable expectations.
Wait, all we’ve been told the last few weeks after Jimbo’s firing is “A&M is happy with mediocre results and should’ve kept him” now we have “unreasonable expectations”? Which way is the rant hivemind leaning this week?
Posted on 11/27/23 at 4:41 pm to Texas Gentleman
So a million dollar bonus for basically finishing 12th nationally? Did they forget the playoffs will be different going forward?
Posted on 11/27/23 at 4:42 pm to Texas Gentleman
no one's saying TAMU is happy with mediocre results.
we're saying you should be. because, you know, you are TAMU
we're saying you should be. because, you know, you are TAMU
Posted on 11/27/23 at 4:42 pm to Texas Gentleman
I don’t believe what I’m seeing! We didn’t guarantee the whole damned thing!
Where am I? What is the meaning of all this? Is this the end times???
fricking Finally.
Where am I? What is the meaning of all this? Is this the end times???
fricking Finally.
Posted on 11/27/23 at 4:43 pm to Texas Gentleman
quote:
Wait, all we’ve been told the last few weeks after Jimbo’s firing is “A&M is happy with mediocre results and should’ve kept him” now we have “unreasonable expectations”? Which way is the rant hivemind leaning this week?
What you should have done was burn the entire thing down. Pit everything to the wind.
But you hired "your" guy.
A second choice, I may add.
Posted on 11/27/23 at 4:51 pm to AirbusDawg
quote:
So a million dollar bonus for basically finishing 12th nationally? Did they forget the playoffs will be different going forward?
$8 mil for a 12th place finish is pretty on par for that result, maybe even still in bargain territory.
Stoops makes $9mil/yr at Kentucky, unranked.
Kelly makes about $9.5 mil, and they're at 14th right now.
Kiffin gets $9 mil and he's got OM at 12th right now.
Hell, Pittman makes $6 mil, and he doesn't win shite.
This post was edited on 11/27/23 at 4:53 pm
Posted on 11/27/23 at 4:51 pm to Errerrerrwere
Buyout is avg to below avg and he's making less then Billy Napier. I'd argue that this is a good contract for the Aggies
This post was edited on 11/27/23 at 4:53 pm
Posted on 11/27/23 at 4:54 pm to EKG
Looks like a school finally told Jimmy Sexton to frick off
Posted on 11/27/23 at 4:58 pm to Enzos Tiny Pito
And I believe they overpaid for Elko. Agree to disagree.
Posted on 11/27/23 at 5:01 pm to Farmer1906
quote:
. Be prepared to have your OC moneywhipped if Elko decides to.
moneywhipped or not, most coaches worth their salt will not go to anm. remember y’all started out you were going to moneywhip Smart, then on down the line until settling for a no name coach from Jimbo’s coaching tree.
Posted on 11/27/23 at 5:04 pm to captainFid
quote:
Looks like a school finally told Jimmy Sexton to frick off
I wonder who Elko’s agent is?
*and I am fully preordered to see Elmo for Elko moving forward. iPhone is creating A Thing.
Bert remembers.
Posted on 11/27/23 at 5:05 pm to AirbusDawg
quote:
So a million dollar bonus for basically finishing 12th nationally? Did they forget the playoffs will be different going forward?
Brian Kelly makes $9.5 per year and wouldn’t have made a 12 team playoff in either of his seasons so at least we’re not getting hosed like our friends over in Red Stick.
Posted on 11/27/23 at 5:06 pm to PerrillouxToTexas
quote:
no one's saying TAMU is happy with mediocre results. we're saying you should be. because, you know, you are TAMU
You tell your offspring not to try and simply accept mediocre results since they are, you know, your kids? On second thought, that’s a solid plan for you.
This post was edited on 11/27/23 at 5:07 pm
Posted on 11/27/23 at 5:06 pm to jonnyanony
quote:
Might as well put $100B next to "Win a national championship" cause it ain't happening.
The last & only A&M HC to win a National Championship made $1,750 a year plus four eggs and a quart of milk per day from the university farm.
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