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Started By
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re: Cam Cameron gets paid $600k 1st yr $1.3M 2nd, $1.5M 3rd
Posted on 2/20/13 at 10:22 am to JBeam
Posted on 2/20/13 at 10:22 am to JBeam
I assume that the first "year" is based on some kind of 6/30 fiscal yr., otherwise it is very odd.
If not a fiscal year adjustment, does CC and/ or LSU have some sort of option at the end of yr.1, which creates thepay disparity?
It's just odd.
If not a fiscal year adjustment, does CC and/ or LSU have some sort of option at the end of yr.1, which creates thepay disparity?
It's just odd.
2
Posted on 2/20/13 at 10:23 am to liquid rabbit
quote:
I wish I made "only" $600,000.
Me too.
Still a little strange considering last year Stud made $500,000 and Frank Wilson made $600,000.
Also when Krag was first brought in, he made $700,000.
Posted on 2/20/13 at 10:25 am to nitwit
also have to remember that Baltimore has to pay him as well.
Posted on 2/20/13 at 10:25 am to Dan
That's an average of $950,000 a year for the 2 years he will be here.
Posted on 2/20/13 at 10:26 am to nycajun
So it's just a layover you are saying? Back to the NFL?
Posted on 2/20/13 at 10:30 am to ezride25
quote:
So it's just a layover you are saying? Back to the NFL?
Or a college HC position.
This post was edited on 2/20/13 at 10:31 am
Posted on 2/20/13 at 10:39 am to nycajun
I'm not saying there is an out for either party, just searching for some justification for pay at 50% for the first year...
Posted on 2/20/13 at 10:51 am to JBeam
"bring back emmert"
he is the one that started it!!!!
gave saban the $1.2 with the clause that if he won nat champ , hw would get what the highest were paid
then bertman gave mioles the same clause - guys that what started the big numbers
he is the one that started it!!!!
gave saban the $1.2 with the clause that if he won nat champ , hw would get what the highest were paid
then bertman gave mioles the same clause - guys that what started the big numbers
Posted on 2/20/13 at 10:51 am to nitwit
Is the "annual" salary keyed to calendar years or to football season years? The article says "for the 2013 season". When does the 2013 season begin? Is he here for less than a full season? Or does what he's getting paid by Baltimore have some impact? 
This post was edited on 2/20/13 at 10:55 am
Posted on 2/20/13 at 10:57 am to Dan
i assume baltimore is making up the difference in the first year.
Posted on 2/20/13 at 10:59 am to ezride25
quote:
eah, that part was curious to me also. No idea on the reasoning behind it though.
Incentive to stick around and not go back to the NFL
Posted on 2/20/13 at 11:03 am to LSU=Champions
quote:
Alleva just handing out cash money, eh?
Bitching about wanting a new OC but don't want to pay him?? Make up you're mind people
Posted on 2/20/13 at 11:04 am to GeorgeTheGreek
Posted on 2/20/13 at 11:06 am to EarthwormJim
quote:
I'm surprised the first year is only $600,000.
Baltimore is likely paying in a few hundred grand as is Miami (possibly). So it lessens the burden on LSU.
Posted on 2/20/13 at 11:14 am to Dan
That contract feels like it was structured for a guy that might not stay long....
Posted on 2/20/13 at 11:19 am to lsuhunt555
I went back and read the story, which no doubt is verbatim what the LSU press release says (since it's on the LSU website), which, in turn, was certainly carefully crafted by University legal. It says, "a three-year contract that will initially pay him $600,000 for the 2013 season..." It goes on to say that he "will earn $1.3 million in his second year and $1.5 million for the final year of the contract, which runs through the 2015 season." That wording isn't random. It switches back and forth among "initially..for...2013", "in" his second year, and "for" the final year...through the 2015 season". The wording suggests that the $600 thousand isn't everything he's getting in respect of the first season, and that the $1.3 million "in his second year" (not season) isn't necessarily all earmarked for the 2014 season. I suspect that they are spreading the total amount around in a way that best fits LSU budgetary parameters and CC's personal financial parameters.
Lawyers. Aren't we grand?
Lawyers. Aren't we grand?
This post was edited on 2/20/13 at 11:24 am
Posted on 2/20/13 at 11:21 am to TigerB8
quote:
That contract feels like it was structured for a guy that might not stay long....
How so? I feel the complete opposite. Pay him more in the future when he is more likely to leave.
Plus, he's already been to the top. NFL Head Coach and years as a NFL OC. Why not stay and do something you may emjoy more with a good friend of yours. I'm sure he can live off of $1.5 million a year if he wants to stay longer.
Posted on 2/20/13 at 11:24 am to nycajun
Well my guess as to why it says "initially" for this year would be incentive clauses.
Posted on 2/20/13 at 11:26 am to EarthwormJim
Baltimore is still paying him
Posted on 2/20/13 at 11:31 am to lsuhunt555
quote:
Well my guess as to why it says "initially" for this year would be incentive clauses.
Yeah. I thought about that, too. But I'm not sure it makes sense to have incentive clauses in year 1 that don't also show up in years 2 and 3. Or if the incentives in the later 2 years are proportional, then the disparity between 1 and 2 is still too great. My bet is that they're just structuring a total package in a way that works best for both parties. Maybe CC is getting a big payout from Baltimore and wants to defer some of the LSU salary into 2014 (and got a little bump for pushing it back). Or maybe LSU didn't want to hit their 2013 budget with the full amount. Or some of both. Just speculating, of course, but I'm not sure the incentive explanation holds up.
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