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Les' contract is a poison pill
Posted on 1/9/11 at 3:45 am
Posted on 1/9/11 at 3:45 am
He is paid an annual salary that is more than fair given the number of times he has been to Atlanta. The problem with the contract is the guaranteed money and 8 win benchmark (administrations definition of a good year). Give the man another mill a year but at the same time eliminate the length of the contract and the extension clause.
Posted on 1/9/11 at 4:00 am to Genghis Khan
quote:
The problem with the contract is the guaranteed money and 8 win benchmark (administrations definition of a good year)
Ultimately that is the only factor that will decide a coach's remunerations.
Those days are gone when schools used to be loyal to a coach or vice-versa. It is a purely business now - if he meets their requirements at his price they have a deal.
What does the school base their requirements on?
- sale of tickets (gate)
- sale of merchandise
- funds from friends of the program (alumnus, local businesses, etc...)
- keep the program relatively clean with minimal off the field issues.
- try to maintain a semblance of importance for academics
- don't personally get caught in embarrassing activities (illegal or otherwise) that would damage the school's rep.
Whether you like it or not , during Les' HC-ship, the revenue has either grown, or given the stagnant economy, at least maintained status quo.
In this case schools, being typically conservative financially, tend to go with a known commodity (even if it means a raise) rather than risk the unknown.
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