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Mike Elko's new contract less money that what Penn State was going to pay, Per Liucci

5,469 Views | 21 Replies | Last: 4 mo ago by The Collective
fightintxaggie10
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On Looch and Book just now, Billy said he knows for a fact that Penn State was going to give Elko more money than what he signed in the new contract extension.

The main objective for Elko was to ensure that NIL and staff were compensated appropriately to stay competitive at the highest level.

I thought that was awesome.

I'll find the time stamp when the live stream is over.
Furlock Bones
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any crow eaters ready to step up to the plate?
Flashdiaz
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That's awesome if true and the mark of a good leader that coordinators and players want to be around
jturner181
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Less guaranteed for Elko but with incentives and huge difference in supporting coaches salaries, facilities, conditioning, etc - All those are needed to make Elko successful; he's a smart cookie.
Bag
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fightintxaggie10 said:

On Looch and Book just now, Billy said he knows for a fact that Penn State was going to give Elko more money than what he signed in the new contract extension.

The main objective for Elko was to ensure that NIL and staff were compensated appropriately to stay competitive at the highest level.

I thought that was awesome.

I'll find the time stamp when the live stream is over.


thats my coach
Biting Fixation
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It was always about his assistants and not a single person on texags knew this
Talon2DSO
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Yep
ClearlyJustSomeAg
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I wonder who will be the first with a $20 million/year contract.
Hill08
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Biting Fixation said:

It was always about his assistants and not a single person on texags knew this


And I am sure you knew this? Dang, you should start up a newsletter or something with your insights
TX_Aggie37
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ClearlyJustSomeAg said:

I wonder who will be the first with a $20 million/year contract.

Saban @ Texas
Loftin
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Wise choice. A bump in salary would have come with the risk of trying to rebuild a program almost instantly. Make things better here and he enjoys more job security. He's likely to earn some of those incentives this year as well.
Ag1188
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We're paying Elko $12m/year now under the new contract before incentives. I guess Penn St offered 13/yr.
Batty
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So Coach took less to pay the staff, im sure if he wanted 13 mil we would have paid and the staff got less. Elko did his assistants right.
greg.w.h
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Ag1188 said:

We're paying Elko $12m/year now under the new contract before incentives. I guess Penn St offered 13/yr.
Rumor is 11.5 annually averaged.

The contract structure is reported as a six year extension but KBTX reported a two year extensions immediately upped presumably at end of year since previous was six, second year almost compete, two years added and ends in 2031. But I'll note the number I had projected was $15 million so he took a 3:5 million hometown discount…

I'll add his value to is higher right now than if he wins an NC.
Demo_Slug
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Biting Fixation said:

It was always about his assistants and not a single person on texags knew this

Does that include yourself. ?
texag101
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fightintxaggie10 said:


The main objective for Elko was to ensure that NIL and staff were compensated appropriately to stay competitive at the highest level.
Never mind the $4.5M/year increase he got.
ObviousLazyRiverIsObvious
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TX_Aggie37 said:

ClearlyJustSomeAg said:

I wonder who will be the first with a $20 million/year contract.

Saban @ Texas


That doesn't scare me like it would have 5 or 10 years ago.

depriest1022
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At some point, the money to any coach is just so they measure at coaches conventions. The staff and NIL and staff compensation are really what insures success.
Divining Rod
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Biting Fixation said:

It was always about his assistants and not a single person on texags knew this


I think most of us (or at least a lot) understood that this would not come down to highest salary for Elko. He's way too bright to be somewhere just for the money.
greg.w.h
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Divining Rod said:

Biting Fixation said:

It was always about his assistants and not a single person on texags knew this


I think most of us (or at least a lot) understood that this would not come down to highest salary for Elko. He's way too bright to be somewhere just for the money.
He's very, very, very smart…
TheBonifaceOption
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State income tax is probably a major concern.

While Pennsylvania went red nationally in 2024, its still a still a blue state, with blue policies.
The Collective
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Josh Pate has the perfect reasoned logic around the coaching market when people speak in absolutes about one job vs another. Candidates don't just pick what the media or random internet people think is an "obvious choice". They are unique individuals who value different things. All things equal, this whole thing could have been that his wife doesn't want to be in the cold weather anymore. Who the hell really knows?
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