if we received any NCAA sanctions. Makes me feel a little better about Hobbs’ judgement. Putting that in the original contract was necessary as we were under investigation at the time. Another case of Thanks Flood?
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if we received any NCAA sanctions. Makes me feel a little better about Hobbs’ judgement. Putting that in the original contract was necessary as we were under investigation at the time. Another case of Thanks Flood?
Chris Ash's Contract (signed November 2017)
Yea that's been discussed here but I don't think it was necessary. We didn't have a Baylor/PSU/Miami level problem here. If a coach demanded it to come, I would have moved onto the next guy. We would have had to have a major scholly loss to agree to that.if we received any NCAA sanctions. Makes me feel a little better about Hobbs’ judgement. Putting that in the original contract was necessary as we were under investigation at the time. Another case of Thanks Flood?
Lump sum payments and not even getting offsets for future employment has popped a little lately but it's still rare. Usually the contract is paid out on schedule with offsets for future employment but you can see coaches/agents keep pushing the envelop and AD are patsies for it.About the only positive in the contract from a firing without cause perspective is that Ash would be required to find work as a head or assistant coach in NFL or college and his guaranteed pay is offset by anything he earns.
Also worth noting that the guaranteed comp gets paid on its usual schedule. Rutgers doesn't have to pay Ash $10 million at once -- it keeps paying him every two weeks until 2022.
Still way more money than anyone could expect the school to commit to at this point. I think he's at Rutgers for at least 2019, and possibly 2020 too.
Really, not that I've seen. Kevin Sumlin and Todd Graham recently, I don't remember Bielema but I don't think so. Those 2 didn't even have offsets for future employment and I think Sumlin's had to be paid in like 30-60 days or something.BTW the link was not the contract but the MOU.
Many situations are NOT paid out over time. Incorrect to say that is how most occur. Many buyouts or lump (or structured) occur.
Yea that's been discussed here but I don't think it was necessary. We didn't have a Baylor/PSU/Miami level problem here. If a coach demanded it to come, I would have moved onto the next guy. We would have had to have a major scholly loss to agree to that.
You're essentially giving a guy a 6-8 year contract because of your worry about sanctions. Rhule got a 7 year contract for Baylor level problems, why are we giving a 7 year contract for nothing even close to that.
Hmmm....well if he hired the right guy in the first place this wouldn’t be a topic
BTW the link was not the contract but the MOU.
Many situations are NOT paid out over time. Incorrect to say that is how most occur. Many buyouts or lump (or structured) occur.
The link I provided above is to the contract.
Except an offensive and defensive playbook. :joy:I still can't get comfortable with it. I was told no one would take the job without that clause...and maybe that's true to an extent, but we essentially gave a complete unknown a guaranteed 5 year deal for 10 million (which is the earliest you could can him). I just have a hard time buying it. It's probably why Hobbs has gotten Ash every single thing he has asked for, because he is married to him for better or worse.
Clink on the actual link that says contract. Its the MOU which specifically says it will be expounded on in the actual contract.
Clink on the actual link that says contract. Its the MOU which specifically says it will be expounded on in the actual contract.
Yea that's been discussed here but I don't think it was necessary. We didn't have a Baylor/PSU/Miami level problem here. If a coach demanded it to come, I would have moved onto the next guy. We would have had to have a major scholly loss to agree to that.
You're essentially giving a guy a 6-8 year contract because of your worry about sanctions. Rhule got a 7 year contract for Baylor level problems, why are we giving a 7 year contract for nothing even close to that.
About the only positive in the contract from a firing without cause perspective is that Ash would be required to find work as a head or assistant coach in NFL or college and his guaranteed pay is offset by anything he earns.
Also worth noting that the guaranteed comp gets paid on its usual schedule. Rutgers doesn't have to pay Ash $10 million at once -- it keeps paying him every two weeks until 2022.
Still way more money than anyone could expect the school to commit to at this point. I think he's at Rutgers for at least 2019, and possibly 2020 too.
I don't buy the recruiting argument. It sounds nice for coaches and their agents to peddle but in practice I don't think it matters.Because no kid worth a damn is going to commit to a coach on a 3 year contract
Well that's basically 2 sides of the same coin. The overarching point is limiting your downside exposure whether it's less years because it's all usually fully guaranteed or smaller buyout because you've tacked on a more years (that is less the norm though). We got neither.No issue with the contract and extension. Big issue with buyout.