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Coaching Performance Contracts
Posted on 12/2/17 at 11:49 am
Posted on 12/2/17 at 11:49 am
Instead of ever escalating coach's salaries, why not a performance contract?
For an SEC example, base salary 3 mil, win 10 games $500,000 bonus, get a team in a NY 6 game another $500,000, win division $500,000, win SEC Championship $1,000,000, win a CFP $1,000,000, win NC $2,000,000.
Or any other type of merit bonuses. To me, that would be fair all the way around.
For an SEC example, base salary 3 mil, win 10 games $500,000 bonus, get a team in a NY 6 game another $500,000, win division $500,000, win SEC Championship $1,000,000, win a CFP $1,000,000, win NC $2,000,000.
Or any other type of merit bonuses. To me, that would be fair all the way around.
9
Posted on 12/2/17 at 12:05 pm to mrbayoublu
Pretty much every coach in college football has some kind of bonus structure like that with different amounts of money.
Posted on 12/2/17 at 12:10 pm to mrbayoublu
Would this be for up and coming coaches or established coaches looking to make a change of scenery?
Posted on 12/2/17 at 12:23 pm to mrbayoublu
Are you talking about a blanket rule for all of college football? or just suggesting that a particular school who doesn't want to pay a gigantic contract explore that option?
Posted on 12/2/17 at 12:29 pm to mrbayoublu
quote:
Instead of ever escalating coach's salaries, why not a performance contract?
For an SEC example, base salary 3 mil, win 10 games $500,000 bonus, get a team in a NY 6 game another $500,000, win division $500,000, win SEC Championship $1,000,000, win a CFP $1,000,000, win NC $2,000,000.
Or any other type of merit bonuses. To me, that would be fair all the way around
Because that's not the market. You'd have to have all the schools collude to engage in that kind of arrangement. You can't be an outlier and beat the market--as soon as your up and coming coach has success, he's going to demand guaranteed money or leave.
Posted on 12/2/17 at 12:59 pm to Alt26
No, a blanket rule would not fly. But some schools might try it.
And yes, there are incentives built in the contracts today. Just not on that scale.
Today my example would not work. But ever higher salaries could force a different compensation model to be developed and/or used.
And yes, there are incentives built in the contracts today. Just not on that scale.
Today my example would not work. But ever higher salaries could force a different compensation model to be developed and/or used.
Posted on 12/2/17 at 1:02 pm to mrbayoublu
State laws allowing only 1 year contracts.
NCAA rule capping compensation.
NCAA rule capping compensation.
Posted on 12/2/17 at 1:12 pm to Sancho Panza
why do people think they have a right to restrict what someone else can make. oh yeah, anti capitalist.
Posted on 12/2/17 at 2:16 pm to mrbayoublu
bottom line is the coaches have the leverage now so they get the favorable terms, when that changes, then there will be more earn your money type structured contracts as well as safety nets for ADs with "get out" clauses in contracts
Posted on 12/2/17 at 2:28 pm to mrbayoublu
Are you a communist?
Posted on 12/2/17 at 4:00 pm to mrbayoublu
I'm as free market as they come, but the coaches have the universities over a barrel.
They demand these multi-year contracts worth millions per year, then underperform, get shite canned and still get paid.
It's a conundrum. When a coach is successful and gets a better offer from another school, he essentially breaks his contract and walks away. If he is not successful and is fired before his contract expires, he gets paid millions in the buyout.
It's kinda fricked up.
They demand these multi-year contracts worth millions per year, then underperform, get shite canned and still get paid.
It's a conundrum. When a coach is successful and gets a better offer from another school, he essentially breaks his contract and walks away. If he is not successful and is fired before his contract expires, he gets paid millions in the buyout.
It's kinda fricked up.
This post was edited on 12/2/17 at 4:01 pm
Posted on 12/2/17 at 4:05 pm to bhtigerfan
quote:
It's a conundrum. When a coach is successful and gets a better offer from another school, he essentially breaks his contract and walks away. If he is not successful and is fired before his contract expires, he gets paid millions in the buyout.
So maybe don't fire your coach before the contract is up?
Both sides are held to the contract, not just the school. There's a buyout that has to be paid to the school losing the coach if the coach leaves for a better contract.
Posted on 12/2/17 at 4:15 pm to mrbayoublu
quote:
Instead of ever escalating coach's salaries, why not a performance contract? For an SEC example, base salary 3 mil, win 10 games $500,000 bonus, get a team in a NY 6 game another $500,000, win division $500,000, win SEC Championship $1,000,000, win a CFP $1,000,000, win NC $2,000,000. Or any other type of merit bonuses. To me, that would be fair all the way around.
That would be better for the lesser conferences where they get to go undefeated or win their weak conference and get to go bowl at NY or a very good bowl. So forth. That will kill the SEC west division coaches big time!
This post was edited on 12/2/17 at 4:16 pm
Posted on 12/2/17 at 4:18 pm to Goldrush25
quote:Dude.
So maybe don't fire your coach before the contract is up?
If a coach has 2 or 3 years left on a contract and is underperforming or flat out losing more games than they're winning, you gotta fire their arse.
This post was edited on 12/2/17 at 4:20 pm
Posted on 12/2/17 at 4:22 pm to bhtigerfan
Well fine but why should the school be off the hook for the buyout if they agreed to it?
Either don't fire him before the contracts up or don't offer a buyout. Not going to get a reputable coach unless he has some job security though.
Either don't fire him before the contracts up or don't offer a buyout. Not going to get a reputable coach unless he has some job security though.
This post was edited on 12/2/17 at 4:24 pm
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