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Football Rutgers and Schiano agree to Contract Extension (6.25M/yr)!!!!!

I’m not wasting my time, responding to his points, because the reason his ideas are impractical is due to the scarcity of successful college football coaches. The number of college football coaches who have succeeded at Rutgers = one.

He and you don’t understand the scarce skillset that Schiano brings to the table and the challenges this job brings. You seem to think other coaches could succeed at Rutgers, but you’re wrong. Some of you Shore guys think Al Golden is the answer and would like to see him as head coach.

Al Golden failed spectacularly at the University of Miami, because he didn’t properly monitor the players, to ensure they were doing the right thing. This is why they were smoked by Clemson, 58-0, and failed to fulfill expectations, which is why he was fired. Miami should never lose to Clemson by that margin, because they can recruit the 4 and 5 stars that schools like Rutgers cannot.

This job requires drill sergeant football coach and Schiano is perfect for the job, because human nature is to slack. Schiano makes sure kids in our program don’t slack.

These days our Rutgers players self monitor, because Schiano recruits players that are self motivated. Our National Championship culture is what makes Rutgers Football Successful. We may never win a National Championship, because we lack the support to recruit the caliber of talent needed to do so. We need a Fieldhouse and stronger NIL support to recruit the 4 and 5 stars needed.

But the players we do recruit will work hard enough to be the best they can be. And that’s all I can ask for.

Most years we should fall into the 5-8 win range, though we might turn in a clunker now and then. On the other hand, we may have the potential for a special season every and then as well.

The supply of coaches makes the market, not some poster on a messageboard spouting platitudes about how coaches should be compensated.
Are you ever going to address Mike locksley’s comments regarding the state of the art fieldhouse paid for by under armour CEO Kevin Plank and how it makes no difference whatsoever is today’s NIL market. The exact quote was “Kid’s will get dressed in a trash can for $25k”.

You have been harping on about a fieldhouse for no short of 5 years now. There is a direct response regarding this by a fellow big 10 coach in a similar type of situation at Maryland as Greg is at Rutgers (meaning not a ‘Blue Blood’) that directly contradicts your argument.

So once again I ask you, Do you know better than Mike Locksely regarding the current state of College football and what players want?
 
I’m not wasting my time, responding to his points, because the reason his ideas are impractical is due to the scarcity of successful college football coaches. The number of college football coaches who have succeeded at Rutgers = one.

He and you don’t understand the scarce skillset that Schiano brings to the table and the challenges this job brings. You seem to think other coaches could succeed at Rutgers, but you’re wrong. Some of you Shore guys think Al Golden is the answer and would like to see him as head coach.

Al Golden failed spectacularly at the University of Miami, because he didn’t properly monitor the players, to ensure they were doing the right thing. This is why they were smoked by Clemson, 58-0, and failed to fulfill expectations, which is why he was fired. Miami should never lose to Clemson by that margin, because they can recruit the 4 and 5 stars that schools like Rutgers cannot.

This job requires drill sergeant football coach and Schiano is perfect for the job, because human nature is to slack. Schiano makes sure kids in our program don’t slack.

These days our Rutgers players self monitor, because Schiano recruits players that are self motivated. Our National Championship culture is what makes Rutgers Football Successful. We may never win a National Championship, because we lack the support to recruit the caliber of talent needed to do so. We need a Fieldhouse and stronger NIL support to recruit the 4 and 5 stars needed.

But the players we do recruit will work hard enough to be the best they can be. And that’s all I can ask for.

Most years we should fall into the 5-8 win range, though we might turn in a clunker now and then. On the other hand, we may have the potential for a special season every and then as well.

The supply of coaches makes the market, not some poster on a messageboard spouting platitudes about how coaches should be compensated.
Oh, please. You are what is known as a true believer. Good luck with that. You have a long-established record of failed predictions based on your wish casting. Your enthusiasm for the program is admirable, but a dose of reality and caution are advised.

@rutgersguy1 and I understand plenty that you don't.

And again, for the record, I like Greg as our head coach a lot. But I hate the contract and the process and how the coaches and their agents hold Universities and ADs over a barrel, and they fall for it hook, line and sinker nearly every single time. More often than not, the boat sinks. See my post immediately above.
 
To whom are you referring?
Very little hate, but instead reasoned debate regarding what some believe is the insanity of what college football coaches are paid, how their contracts are structured, and how universities and their ADs move in lockstep to propagate and expand the insanity because "everyone is doing it, why shouldn't we?". As usual @rutgersguy1 makes some excellent points, and he provides many examples where these scenarios do not work out so well.

In summary, the coach and the university signed an eight year contract that was perfectly acceptable in 2019 and would make that coach wealthier well beyond the top 1% of people in this country. This is for a state University, whose mission is EDUCATION. The parties could have put in clauses to adjust compensation, but they did not. So, with signs of some, but mediocre progress in a program that was extremely downtrodden, the University doubles down for another seven years and pay raise of more than 50%. While the details are not known, the contract probably has no provision if the program falters and goes backwards, and the University will be on the hook for more than $40 million should the program regress. All the while, the coach can leave on a whim if something better comes along. Great work if you can get it.

Yeah, haters are going to hate. Hate the game, not necessarily the individual "players" who play the Universities. Except for the guys at Michigan and Penn State.
Paying him 1mm per year would make him top 1%. It’s a totally different topic if a learning institution should focus on sports. Of course when the sports brings in 9 figures, it’s a ROI question. People here are just mad because it’s GS.
 
Completely wrong on this.

If he had known we'd get the Big 10 invite he most likely would have stuck around.

However, he saw the future as us wallowing in a gutted Big East controlled by the basketball schools. Worse, included in the 2008 expansion was a football only facility which got stripped out due to the funding and PR problems associated with that. He saw that facility as a major recruiting tool, hence why that was included in his contract the 2nd time around.

And, finally, this is just my supposition, but I feel the injury to EL haunted him.

The program collapsed because the BOG hamstrung Pernetti with the requirement that Schiano's replacement had to earn under $1 mil. And the attached assistant coaching pool was pitiful.
You’re out of your mind if you believe he was turning down the nfl at the time regardless of the big 10 invite.

This was an era where college coaches were jumping ship left and right from FAR more established programs in bigger conferences. Pete Carroll, Les Miles, Nick Saban amoung others all made the jump to the nfl around the same era…

There’s not a shot in hell Greg turns down the TB job regardless of big 10 status. That’s pure fantasy
 
Paying him 1mm per year would make him top 1%. It’s a totally different topic if a learning institution should focus on sports. Of course when the sports brings in 9 figures, it’s a ROI question. People here are just mad because it’s GS.
Gross over generalization with people. Which people? Maybe a few. But others don't understand the reasoning here based on the tepid results. The University has not committed to nearly $45 million (actually probably more).

You mentioned ROI. What is a fair return for $6.25/year guaranteed for 7 years? Not 6-6 and getting thrashed by Maryland the last 3 years. And please, don't come back with PJ or whomever gets paid more. That is buying into the insanity.
 
Gross over generalization with people. Which people? Maybe a few. But others don't understand the reasoning here based on the tepid results. The University has not committed to nearly $45 million (actually probably more).

You mentioned ROI. What is a fair return for $6.25/year guaranteed for 7 years? Not 6-6 and getting thrashed by Maryland the last 3 years. And please, don't come back with PJ or whomever gets paid more. That is buying into the insanity.
this thread would’ve fallen to page 3 already if it wasn’t for the usual GS haters. This salary increase will carry high expectations. Can GS continue the trend and get us into the top 25? Fair return is that the product is sellable now. I had a group of 8 during Ash. That dropped to 4 when Ash was fired. If people can’t see the progress, they just aren’t watching.
 
Has anyone seen the actual terms that are the important ones in any HC contract? I really don't care what he gets paid annually but what are the different scenarios of a buyout from either side? What is guarantied and what would be Greg's buyout. I haven't been able to find these
 
Has anyone seen the actual terms that are the important ones in any HC contract? I really don't care what he gets paid annually but what are the different scenarios of a buyout from either side? What is guarantied and what would be Greg's buyout. I haven't been able to find these
Those will be very important. If I had to guess (and I truly hope I am wrong), it will be the typical one-sided lopsided deal for the coach to get a huge payout should he bomb. Will never understand why someone should get paid for a multi-year payout for sucking at their job. Yeah, like the song says- that's the way it is, and it will never change. Does not make it right.
 
Has anyone seen the actual terms that are the important ones in any HC contract? I really don't care what he gets paid annually but what are the different scenarios of a buyout from either side? What is guarantied and what would be Greg's buyout. I haven't been able to find these
Agree with that. Worse than poor use of resources is when it removes flexibility and ability to to take action if necessary.

I don’t think those details are out yet but I’m sure they will be released eventually. First contract was about 76%+ guaranteed with a maximum cap of 24M. Buyout on his side started at 8M and went down 2M the first couple years and 1M after that.

So I think similar terms or better for GS wouldn’t be unexpected.
 
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Oh, please. You are what is known as a true believer. Good luck with that. You have a long-established record of failed predictions based on your wish casting. Your enthusiasm for the program is admirable, but a dose of reality and caution are advised @rutgersguy1 and I understand plenty that you don't.

And again, for the record, I like Greg as our head coach a lot. But I hate the contract and the process and how the coaches and their agents hold Universities and ADs over a barrel, and they fall for it hook, line and sinker nearly every single time. More often than not, the boat sinks. See my post immediately above.
If you and @rutgersguy1 understood plenty, then you should understand the need to pay Schiano on par with his Big Ten Coaching Peers. Y’all don’t seem to understand the value Schiano brings to the table. Schiano is Rutgers Football and Rutgers Football is Schiano.

His new salary is roughly in the middle of the pack, and is an outstanding value for Rutgers. You know what’s expensive? Attrition and incompetence. We had too much of that from 2015 - 2019.

This decision was not taken lightly, nor was it done on a whim. It was thoroughly scrutinized, vetted, and determined by market conditions and there is 15 years of Rutgers Football History to support it.
It was ultimately the right call. That’s why it is very silly to bring up the possibility of the boat sinking. This boat has been built to withstand the harshest conditions and should not sink.

The idea has been out there since last year, though it was only fully implemented once a sufficient level Of success, in the form of tangible results, was realized. Schiano made the right coaching changes to ensure an effective defense, and much improved offensive line, which facilitated the Big Tens leading rusher, and ultimately a bowl berth. He’s got recruiting down to a science, and the incoming class is outstanding, despite the inability to recruit many New Jersey High School kids. He evolved his recruiting strategy to significantly recruit North Carolina, which resulted in the recruitment of at least two outstanding prospects, who should be successful.

the kids are performing in the classroom, which is very important, yet many take these achievements for granted. From at least 1990 to 2000, academic attrition was a horrendous problem for Rutgers. It disappeared once Schiano arrived in 2001, because Schiano implemented processes to ensure academic success. Rutgers is a University which has a football program. Not a Football program attached to a University.

The biggest benefit of these extensions is stability. Recruits know who their coach is going to be for the next four years. Politi expands more on this in his article.

 
If you and @rutgersguy1 understood plenty, then you should understand the need to pay Schiano on par with his Big Ten Coaching Peers. Y’all don’t seem to understand the value Schiano brings to the table. Schiano is Rutgers Football and Rutgers Football is Schiano.

His new salary is roughly in the middle of the pack, and is an outstanding value for Rutgers. You know what’s expensive? Attrition and incompetence. We had too much of that from 2015 - 2019.

This decision was not taken lightly, nor was it done on a whim. It was thoroughly scrutinized, vetted, and determined by market conditions and there is 15 years of Rutgers Football History to support it.
It was ultimately the right call. That’s why it is very silly to bring up the possibility of the boat sinking. This boat has been built to withstand the harshest conditions and should not sink.

The idea has been out there since last year, though it was only fully implemented once a sufficient level Of success, in the form of tangible results, was realized. Schiano made the right coaching changes to ensure an effective defense, and much improved offensive line, which facilitated the Big Tens leading rusher, and ultimately a bowl berth. He’s got recruiting down to a science, and the incoming class is outstanding, despite the inability to recruit many New Jersey High School kids. He evolved his recruiting strategy to significantly recruit North Carolina, which resulted in the recruitment of at least two outstanding prospects, who should be successful.

the kids are performing in the classroom, which is very important, yet many take these achievements for granted. From at least 1990 to 2000, academic attrition was a horrendous problem for Rutgers. It disappeared once Schiano arrived in 2001, because Schiano implemented processes to ensure academic success. Rutgers is a University which has a football program. Not a Football program attached to a University.

The biggest benefit of these extensions is stability. Recruits know who their coach is going to be for the next four years. Politi expands more on this in his article.

I'm not sure if it is the timing, dislike of Greg or the money that set some off.
I would rank it as
1) Timing - I sort of fall into this group. I'm ok with giving a raise based on what he did this year but not sure about the timing of an extension. Maybe next year if he goes bowling again and another mid 30's class.
2) Just don't like Greg and never will
3) The money- To me, the salary is a non-issue. I think I agree with someone else with the thought that it is tied in with top donors who have found NIL money and fronting the extra for Greg. It is the other aspects that I want to know- What is it going to cost us if he just fails ad we need to move on...
 
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. . . . Y’all don’t seem to understand the value Schiano brings to the table. Schiano is Rutgers Football and Rutgers Football is Schiano. . . . .
That is the definition of a personality cult. In case you are unaware, Rutgers has been playing football since the late 1800s and has had many great players, coaches and indeed great seasons prior to the arrival of your messiah. There are countless people, including the players and their parents, the grounds crew, the coaches, the support personnel, the administration, the boosters, etc., etc. that make up Rutgers football today. The HC may be the temporary face of the program, but he is not the program itself.
 
That is the definition of a personality cult. In case you are unaware, Rutgers has been playing football since the late 1800s and has had many great players, coaches and indeed great seasons prior to the arrival of your messiah. There are countless people, including the players and their parents, the grounds crew, the coaches, the support personnel, the administration, the boosters, etc., etc. that make up Rutgers football today. The HC may be the temporary face of the program, but he is not the program itself.
Do you think birthplace of football carry any weight with recruits or fans?
 
That is the definition of a personality cult. In case you are unaware, Rutgers has been playing football since the late 1800s and has had many great players, coaches and indeed great seasons prior to the arrival of your messiah. There are countless people, including the players and their parents, the grounds crew, the coaches, the support personnel, the administration, the boosters, etc., etc. that make up Rutgers football today. The HC may be the temporary face of the program, but he is not the program itself.
Solid post.
We all need to remember: THE BALL IS THE PROGRAM.
Here's to hoping our fair catch % on kickoff and punt returns falls below 90%!!!
Do you think birthplace of football carry any weight with recruits or fans?
Sure it does. Many fans and probably fewer recruits appreciate Rutgers' place in the history of college football.
 
The number of college football coaches who have succeeded at Rutgers = one.
Five Rutgers head football coaches have coached Rutgers football for ten or more years.

Objectively, using facts, Greg is by far the least successful of these coaches measuring by win-loss record. Some will argue win-loss record is a poor measure of performance and the years do not overlap.

Greg Schiano 86-95
Frank Burns 78-43-1
John Bateman 73-51
Harvey Harman 48-37-1
George Sanford 76-43
 
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Solid post.
We all need to remember: THE BALL IS THE PROGRAM.
Here's to hoping our fair catch % on kickoff and punt returns falls below 90%!!!

Sure it does. Many fans and probably fewer recruits appreciate Rutgers' place in the history of college football.
Respectfully disagree. It’s a cool fact if you are winning. If you are not winning, no one cares.
 
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That is the definition of a personality cult. In case you are unaware, Rutgers has been playing football since the late 1800s and has had many great players, coaches and indeed great seasons prior to the arrival of your messiah. There are countless people, including the players and their parents, the grounds crew, the coaches, the support personnel, the administration, the boosters, etc., etc. that make up Rutgers football today. The HC may be the temporary face of the program, but he is not the program itself.
I am very aware. Are you aware that Rutgers football history is very mediocre due to lack of support and bad decisions?
Though it should be much mentioned that there were a couple of instances of greatness such as in 1976. Sadly those were few and far between.

Ohio State Fans pooled their resources to build Ohio Stadium in 1922.


In contrast, Rutgers Stadium was built with the help of government handouts.

Eleven months later, the federal government approved a Works Project Administration grant of $320,000 for the development of the area. The grant provided for the excavation of the bowl as a possible stadium site and for the construction of intramural fields on the higher ground beyond the bowl.

In early 1936, more than 300 workmen shaped the bowl for the stadium, which was set on the side of a narrow ravine from which 160,000 cubic yards of earth was removed. The East and West stands of HighPoint.com Stadium today stand along the original sides of that ravine.
In November 1935, the university obtained a $385,537 grant. The Works Project Administration chipped in with $413,831 one year later and added another $196,335 in early 1937. A fourth grant of $38,447 was provided to build the roadways neighboring the stadium.

In all, the project cost Rutgers $205,920 and the federal government $1,104,696.

The total cost for a stadium that was 50 times greater in size than Neilson Field: $1,310,616.



From 1869 to 1937, Rutgers never beat Princeton, because many fans were more interested in running their mouth rather than supporting the program, not unlike today. That’s why Princeton leads the all time series 53-17-1.

Today, while there are many people who make up the program, there is only one face, and he has his hands in every single detail of the program, doing his best to drag it to success. Rutgers fans are supporting the program to a greater extent than they ever have. And we are firmly on the road to success.
 
But Rutgers is not winning either, currently. It's all Rutgers has then. By "winning," I mean a winning regular season record.
KS- good buddy. We are usually on the same page. While the statement that we aren't winning is true- it also may be a little unfair under certain circumstances. I was ready to move on from GS after 22 but what I saw this year, was such a huge step forward, I can actually see a higher ceiling then I thought he had before- hiring the right coaches does help though. And if it seems we may be moving forward with some NIL donors- I think we have a chance to see it move forward.
6-6 was a huge accomplishment with the schedule we had.

Are you hard struck like some that Greg may have axed out completely?
 
KS- good buddy. We are usually on the same page. While the statement that we aren't winning is true- it also may be a little unfair under certain circumstances. I was ready to move on from GS after 22 but what I saw this year, was such a huge step forward, I can actually see a higher ceiling then I thought he had before- hiring the right coaches does help though. And if it seems we may be moving forward with some NIL donors- I think we have a chance to see it move forward.
6-6 was a huge accomplishment with the schedule we had.

Are you hard struck like some that Greg may have axed out completely?
Not sure what your last question means or how to answer that.

This thread has now turned into arguing about little stupid things.

To reiterate, I am thrilled Greg is our coach, and he will be here a while. But IMO, an extension now with a huge raise is the wrong place and wrong time, UNLESS, it was all motivated by the really big donors, AND they cover his buyout. Just not a fan of contracts longer than 5 years and saddling the University with that much liability. Also, Greg's agents and lawyers should be better about setting milestones in his contract for raises and extension. Why even bother with the original 8 year contract in the first place? This is all semantics at this point. As I said above, I hate the game, not the players.

Rethinking where and how much money I will donate in the future. I owe MSKCC a huge debt of gratitude--my life, and they were already high on the list of our next donation. They may be the only one on our list.
 
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Not sure what your last question means or how to answer that.

This thread has now turned into arguing about little stupid things.

To reiterate, I am thrilled Greg is our coach, and he will be here a while. But IMO, an extension now with a huge raise is the wrong place and wrong time, UNLESS, it was all motivated by the really big donors, AND they cover his buyout. Just not a fan of contracts longer than 5 years and saddling the University with that much liability. Also, Greg's agents and lawyers should be better about setting milestones in his contract for raises and extension. Why even bother with the original 8 year contract in the first place? This is all semantics at this point. As I said above, I hate the game, not the players.

Rethinking where and how much money I will donate in the future. I owe MSKCC a huge debt of gratitude--my life, and they were already high on the list of our next donation. They may be the only one on our list.
Thank you sir- this makes more sense and pretty much where I am- the "petty" arguments often take a turn for the worse and the point gets more narrowed. Your point above is as fair and solid as one could expect- I am sure even Al would agree.
Timing of it is questionable- unless it was tied in with some big donors/NIL, that kept our team intact.
 
Ok, just say to yourself we are no longer losing. There, you should feel better now.
Nope. It's not about feeling better. They lost bigly to Iowa and Maryland, barely putting up a fight. That's losing. Not winning. Never saw anyone in various other fields of work start the year off doing "pretty well" in months 1-8 of the year, tanking in the final 4 months and then getting a huge raise and bonus.
 
There is something very positive to be said about this. Kudos to Greg and the rest of the coaches.



“I think it says a lot because you look around the country, you see a lot of schools – I wouldn’t say falling apart, but they have a lot of guys going different places,” said Toure, who has 86 tackles (7½ for loss) with 3½ sacks. “And it says a lot that our top guys are staying here. That shows how tight knit we are with each other.”
 
Nope. It's not about feeling better. They lost bigly to Iowa and Maryland, barely putting up a fight. That's losing. Not winning. Never saw anyone in various other fields of work start the year off doing "pretty well" in months 1-8 of the year, tanking in the final 4 months and then getting a huge raise and bonus.
You don’t always have to win to see improvements. No excuse for Maryland but certainly not a bad loss. Four losses to 10 win teams. We were in every game except for MD., against the 2nd hardest schedule. That has never happened before.
 
You don’t always have to win to see improvements. No excuse for Maryland but certainly not a bad loss. Four losses to 10 win teams. We were in every game except for MD., against the 2nd hardest schedule. That has never happened before.
I would bet that outside of the playoff and NYD bowl teams- 90% of the other P5 teams would have went 3-1 at best if they "ended" their season with the same exact schedule
 
Are you his personal attendant? What exactly is your relationship to him?
Animated GIF
 
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Has anyone seen the actual terms that are the important ones in any HC contract? I really don't care what he gets paid annually but what are the different scenarios of a buyout from either side? What is guarantied and what would be Greg's buyout. I haven't been able to find these
Greg's 2019 and 2023 contracts are in my hands.

If Rutgers terminates:

2019 contract
"(not to exceed $24,600,000) equal to 76.875% of Head Coach’s total remaining Annual Base Salary"

2023 contract
"76.875% of Head Coach’s total remaining Annual Base Salary"


If Greg terminates:

2019 contract
"$8,000,000 in the event termination occurs prior to December 1, 2020; or
$6,000,000 in the event termination occurs prior to December 1, 2021; or
$4,000,000 in the event termination occurs prior to December 1, 2022; or
$3,000,000 in the event termination occurs prior to December 1, 2023; or
$2,000,000 in the event termination occurs prior to December 1, 2024; or
$1,000,000 in the event termination occurs on or after December 1, 2024."

2023 contract
"$6,000,000 in the event termination occurs prior to December 1, 2024; or
$5,000,000 in the event termination occurs prior to December 1, 2025; or
$4,000,000 in the event termination occurs prior to December 1, 2026; or
$3,000,000 in the event termination occurs prior to December 1, 2027; or
$2,000,000 in the event termination occurs prior to December 1, 2028; or
$1,000,000 in the event termination occurs on or after December 1, 2028."
 
Five Rutgers head football coaches have coached Rutgers football for ten or more years.

Objectively, using facts, Greg is by far the least successful of these coaches measuring by win-loss record. Some will argue win-loss record is a poor measure of performance and the years do not overlap.

Greg Schiano 86-95
Frank Burns 78-43-1
John Bateman 73-51
Harvey Harman 48-37-1
George Sanford 76-43
Koko, Koko, Koko.
Please go look at the schedules Burns, Bateman, Harman, and Sanford played. A different universe.
 
It's going to have a 7 foot ceiling so that short passes do not sail over the head of RB when he is in the flat for short pass.
Will it also have a magnetic field that will steer the ball in the general direction of the receivers and away from the Gatorade buckets on the sideline?
 
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Came across this from Outkick. Not sure where they got their info from but assuming a 250K raise every year that would put GS's deal at 7 years 49M. So he'd be making as much as Ferentz and in the vicinity of Fickell and Jonathan Smith.

That would be above Locksley, Fleck, Bielema. Rhule is technically lower right now but his contract is backloaded so he actually has a higher average salary which is above 9M I think.

From the article:

The school announced Wednesday that the program and Schiano have reached an extension that will run through 2030 and pay him $6.25 million in 2024, according to reports. He previously was scheduled to earn $4 million.

His salary will get bumped up every year and top out at $7.75 million. That’s a nice chunk of change for Schiano, who is now in his second stint as the head coach at Rutgers.

 
Came across this from Outkick. Not sure where they got their info from but assuming a 250K raise every year that would put GS's deal at 7 years 49M. So he'd be making as much as Ferentz and in the vicinity of Fickell and Jonathan Smith.

That would be above Locksley, Fleck, Bielema. Rhule is technically lower right now but his contract is backloaded so he actually has a higher average salary which is above 9M I think.

From the article:

The school announced Wednesday that the program and Schiano have reached an extension that will run through 2030 and pay him $6.25 million in 2024, according to reports. He previously was scheduled to earn $4 million.

His salary will get bumped up every year and top out at $7.75 million. That’s a nice chunk of change for Schiano, who is now in his second stint as the head coach at Rutgers.

Outkick got their info from Greg's new contract.

This contract states the salary is:

"March 1, 2024 - February 28, 2025: $6,250,000
March 1, 2025 - February 28, 2026: $6,500,000
March 1, 2026 - February 28, 2027: $6,750,000
March 1, 2027 - February 29, 2028: $7,250,000
March 1, 2028 - February 28, 2029: $7,500,000
March 1, 2029 - February 28, 2030: $7,750,000"

The Outkick article reads, "While buyout details don’t appear to be known, it’s going to be a very large number given what’s known about the salary figures."

The buyout details are known by me:

"In the case of termination without cause by the University (which shall be by writtennotice to you), the University, on a bi-weekly basis consistent with the University’sregular payroll, will continue to pay Head Coach an amount equal to 76.875% of HeadCoach’s total remaining Annual Base Salary (including scheduled increases), excludingany previously earned but unpaid compensation, including any such incentive bonus, andany reimbursement for any theretofore incurred but unpaid business expense, but no otheramount or item, for the balance of the otherwise unexpired Extended Term. Should yousubsequently accept any other football coaching position, Rutgers shall be entitled tooffset the amount it owes you by the income you earn in such position prior to the end ofthe otherwise unexpired Extended Term."
 
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