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Elko's contract

20,412 Views | 123 Replies | Last: 2 yr ago by vander54
vander54
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3:48p, 11/27/23



World's worst proofreader
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Artorias
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3:49p, 11/27/23
Not bad
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Cynic
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3:50p, 11/27/23
[We are going to be giving three day minimum bans to posters that want to be negative or troll threads right now and do not whine to us and expect the bans to be lifted. -Staff]

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Muy
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3:50p, 11/27/23
Wow, $7 large plus incentive bonuses. Higher guaranteed than I was hoping.
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Eric Forman
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3:50p, 11/27/23
Wow, if he wins the NC, that's like 10m extra... it doesn't say choose one does it?
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Muy
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In reply to Cynic • 3:50p, 11/27/23
Cynic said:
Is there a buyout for when he inevitably fails?


Get that out of here
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Gord89
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3:52p, 11/27/23
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AgOutsideAustin
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3:52p, 11/27/23
Guaranteed again ???
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VatoLocoAggie
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3:52p, 11/27/23
Proof that we are a destination job and that he truly wants to be here.

We got a heck of a steal of a deal.
Glad everyone is happy and we can start winning again.
Gig Em and God Bless America
Texas A&M National Champions in Football 1917, 1919, 1927, 1939, and 2012

SEC Proud!
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usmcbrooks
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In reply to Cynic • 3:53p, 11/27/23
Cynic said:
Is there a buyout for when he inevitably fails?
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3:53p, 11/27/23
vander54
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In reply to Muy • 3:54p, 11/27/23
Muy said:
Wow, $7 large plus incentive bonuses. Higher guaranteed than I was hoping.


At the start if 2023 he would have been the 8th highest paid SEC coach.
World's worst proofreader
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Emilio Fantastico
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In reply to Cynic • 3:54p, 11/27/23
Cynic said:
Is there a buyout for when he inevitably fails?
Username definitely checks out
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TxAg76
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In reply to Eric Forman • 3:54p, 11/27/23
Eric Forman said:
Wow, if he wins the NC, that's like 10m extra... it doesn't say choose one does it?
good point. if it's cumulative and rolls up, that's huge.
i'm guessing it's not though....likely just 1x on the season's end-result.
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Deputy Travis Junior
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3:54p, 11/27/23
I guessed $8 million, 6-7 years, and a stupid buyout on another thread. Looks like I was off by a million bucks on the salary but otherwise right.
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Cinco Ranch Aggie
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3:54p, 11/27/23
Still a large base amount of $$$. A fourth $ would be Jimbo level pay. I do like the incentive pay as a nice carrot.
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GiggityAg01
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In reply to Cynic • 3:54p, 11/27/23
Cynic said:
Is there a buyout for when he inevitably fails?
There's a whole paragraph that spells that out.
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agracer
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3:54p, 11/27/23
how long is the term of the contract?

OH, I see it now.

2023-2030
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caleblyn
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3:54p, 11/27/23
I like it!!
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Wabs
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In reply to Cynic • 3:54p, 11/27/23
Cynic said:
Is there a buyout for when he inevitably fails?
You're going to miss the dildo parade with all this time you're spending here.
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EllisCoAg
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3:55p, 11/27/23
6 year, $7M / per,

$11M for assistances
I wanna see our defense pissed off, not confused, maybe a little murder in their hearts Reload12, 11/4/11
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BeastmodeAg
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3:55p, 11/27/23
Do the incentives stack?
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tamuags08
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In reply to TxAg76 • 3:55p, 11/27/23
TxAg76 said:
Eric Forman said:
Wow, if he wins the NC, that's like 10m extra... it doesn't say choose one does it?
good point. if it's cumulative and rolls up, that's huge.
i'm guessing it's not though....likely just 1x on the season's end-result.


No way that's cumulative. It's got to be "select the highest post-regular season bonus as appropriate".
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vander54
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In reply to Cynic • 3:56p, 11/27/23
Cynic said:
Is there a buyout for when he inevitably fails?

Edit: so we pay 75% (5.2 million per year ) if fired after year 4. 80% (5.6 million) if before then.



No it's 75% with 3 years or more left on the contract and 80% if it's 2 or less.
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Ridge14
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3:56p, 11/27/23
Wow with all the talk of performance contracts I figured the base would be lower

Something like base: $5M
Win the natty: $5M

Good for Elko for getting $7M/yr
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romanagg11
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3:57p, 11/27/23
Way too much per year for too many unknowns.
Again, HC > A&M
I know inflation is up but this is a bit steep.
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vander54
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In reply to AgOutsideAustin • 3:57p, 11/27/23
AgOutsideAustin said:
Guaranteed again ???


Partially. You have to have some level of guarantee with these contracts now.
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vander54
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In reply to Ridge14 • 3:59p, 11/27/23
Not in the SEC. You have to pay competitively which this base is. But still allow him to earn his worth if he wins.
World's worst proofreader
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M.C. Swag
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3:59p, 11/27/23
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vander54
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In reply to M.C. Swag • 4:00p, 11/27/23
Jimbo had $13M
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Flaith
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In reply to romanagg11 • 4:00p, 11/27/23
romanagg11 said:
Way too much per year for too many unknowns.
Where would you have gone with this?

Kiffin makes $9MM + 2.6MM maximum bonus

Josh Heupel makes similar money, with slightly lower incentive money

Mark Stoops makes similar money to Kiffin

LUKE FICKELL makes more base salary than Elko will
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Ridge14
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In reply to vander54 • 4:00p, 11/27/23
vander54 said:
Not in the SEC. You have to pay competitively which this base is. But still allow him to earn his worth if he wins.


I get it…
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W
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4:00p, 11/27/23
the contract is fine

just no extension after 2 years
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chase128
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In reply to romanagg11 • 4:01p, 11/27/23
romanagg11 said:
Way too much per year for too many unknowns.
Again, HC > A&M
I know inflation is up but this is a bit steep.
No, it's not.
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jdaggie2112
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4:04p, 11/27/23
thats an excellent contract, for both sides, imo
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