Contract

columbusaggie · Post by **columbusaggie** » March 31st, 2024, 9:07 am

Do we know when the contract will be available? I’m really curious what we are paying. 1 mil over 5 years or something worse due to this being a big step up in compensation and competition.

Madmartigan · Post by **Madmartigan** » March 31st, 2024, 9:17 am

columbusaggie wrote: ↑
March 31st, 2024, 9:07 am
Do we know when the contract will be available? I’m really curious what we are paying. 1 mil over 5 years or something worse due to this being a big step up in compensation and competition.

I don’t know the details but my guess is he got 1.5-2 mm a year for 5 years.

ineptimusprime · Post by **ineptimusprime** » March 31st, 2024, 9:18 am

Madmartigan wrote: ↑
March 31st, 2024, 9:17 am

columbusaggie wrote: ↑
March 31st, 2024, 9:07 am
Do we know when the contract will be available? I’m really curious what we are paying. 1 mil over 5 years or something worse due to this being a big step up in compensation and competition.
I don’t know the details but my guess is he got 1.5-2 mm a year for 5 years.

I’d be pretty shocked if it was more than 1.5 million.

QuackAttackAggie · Post by **QuackAttackAggie** » March 31st, 2024, 9:32 am

My guess is 1.1 million

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3rdGenAggie · Post by **3rdGenAggie** » March 31st, 2024, 9:35 am

I'd bet a lot that he's a bit over a million per.

Aggie702 · Post by **Aggie702** » March 31st, 2024, 9:40 am

QuackAttackAggie wrote: ↑
March 31st, 2024, 9:32 am
My guess is 1.1 million

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My guess too. 1.1MM that increases by 100k/year. So in the 6.5mm total range. With bonuses.

columbusaggie · Post by **columbusaggie** » March 31st, 2024, 9:42 am

Anything over 1.1 and would be shocked. You do well and they will throw money at you to stay, as proven with DS.

LarryTheAggie · Post by **LarryTheAggie** » March 31st, 2024, 9:43 am

Yeah, I would guess 1.1 to 1.2. Maybe it escalates to 1.5 by the end of the contract. I would guess there is a bigger bump in the assistant pool.

GameFAQSAggie · Post by **GameFAQSAggie** » March 31st, 2024, 10:03 am

Are we gonna put in a clause about not taking players to another school when he leaves, and pretend to think we can enforce it??

flying_scotsman2.0 · Post by **flying_scotsman2.0** » March 31st, 2024, 11:10 am

Yeah, 1M max, I bet.

WasatchAggie · Post by **WasatchAggie** » March 31st, 2024, 11:14 am

We want to keep him. It will have to be competitive with the top MWC contracts outside of Dutcher. The buyout will be high for years 1 and 2 as well.

tetonaggie · Post by **tetonaggie** » March 31st, 2024, 11:16 am

Gotta be close to $1M, give or take $100k to, as others have mentioned, make room for increased assistant’s salaries and a good bump with an extension if/when he does great.

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Blue Sage · Post by **Blue Sage** » March 31st, 2024, 11:31 am

Madmartigan wrote: ↑
March 31st, 2024, 9:17 am

columbusaggie wrote: ↑
March 31st, 2024, 9:07 am
Do we know when the contract will be available? I’m really curious what we are paying. 1 mil over 5 years or something worse due to this being a big step up in compensation and competition.
I don’t know the details but my guess is he got 1.5-2 mm a year for 5 years.

I’d be shocked if it was lower than 1.5-2 million

Bullnamed_gus · Post by **Bullnamed_gus** » March 31st, 2024, 11:36 am

Blue Sage wrote: ↑
March 31st, 2024, 11:31 am

Madmartigan wrote: ↑
March 31st, 2024, 9:17 am

columbusaggie wrote: ↑
March 31st, 2024, 9:07 am
Do we know when the contract will be available? I’m really curious what we are paying. 1 mil over 5 years or something worse due to this being a big step up in compensation and competition.
I don’t know the details but my guess is he got 1.5-2 mm a year for 5 years.
I’d be shocked if it was lower than 1.5-2 million

His last deal at Youngstown State was 300k, I imagine we got him as a base of 1.1.

Full · Post by **Full** » March 31st, 2024, 12:39 pm

Blue Sage wrote: ↑
March 31st, 2024, 11:31 am

Madmartigan wrote: ↑
March 31st, 2024, 9:17 am

columbusaggie wrote: ↑
March 31st, 2024, 9:07 am
Do we know when the contract will be available? I’m really curious what we are paying. 1 mil over 5 years or something worse due to this being a big step up in compensation and competition.
I don’t know the details but my guess is he got 1.5-2 mm a year for 5 years.
I’d be shocked if it was lower than 1.5-2 million

Sprinkle was paid 900k his first year, and that was the most USU’s ever paid a coach. I would rather see 1 million with a bump in the coaching pool. I think the 75% of the remaining contract was enough deterrent for most programs, just not the top the top 25 programs. If he does well, then you can come back and offer more.

USU athletics is about $50 million a year while Washington is $150 million. There’s not a competition between which one has more money to spend.

Aggie84025 · Post by **Aggie84025** » March 31st, 2024, 12:48 pm

He was making 300k. I would guess 900k to 1 million. I don't think you need to pay more than that start. It's not like he had a whole bunch of offers so to me that seems like a reasonable amount to start and then give some raises later on after he proves himself.

Parelkid · Post by **Parelkid** » March 31st, 2024, 1:00 pm

I'd be very concerned if it was more than 1.1M. Should be about the same as Sprinkle got initially. The only reason the 2M figure was thrown around was because we were trying to retain a coach who had just proven his worth.

Intermeddler · Post by **Intermeddler** » March 31st, 2024, 1:12 pm

I’d be stunned if it’s not materially more than what Sprinkle was getting.

Pacobag · Post by **Pacobag** » March 31st, 2024, 1:16 pm

Stretching the USU budget to offer Sprinkle a ~$2 million/year extension seemed reasonable. His current market value is obviously about double that. Sprinkle helped us win our first ever MW conference title, our first win in the dance in 23 years, and is a national coach of the year finalist.

I hope Calhoun ends up being as good or better than Sprinkle here, but I'm guessing ~$1 million/year is probably closer to his fair market value at this point. If he is really successful here, his market value and pay will go up.

Rawbirds · Post by **Rawbirds** » March 31st, 2024, 1:33 pm

I was curious on incentives, typically our contracts have included a one time bonus for achieving a goal (ie a MWC regular season champion), has anyone ever seen one where the incentives trigger a change in salary?

Imagine if Sprinkles contract would’ve increased from $900k to $1.2M with a conference championship and $1.5M with a NCAA tournament win.

It’s a great incentive and buyouts would have success built in. In this year’s instance, we’d be getting closer to $5M from UW for poaching a successful coach.

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Aggie702 · Post by **Aggie702** » March 31st, 2024, 2:02 pm

Rawbirds wrote: ↑
March 31st, 2024, 1:33 pm
I was curious on incentives, typically our contracts have included a one time bonus for achieving a goal (ie a MWC regular season champion), has anyone ever seen one where the incentives trigger a change in salary?

Imagine if Sprinkles contract would’ve increased from $900k to $1.2M with a conference championship and $1.5M with a NCAA tournament win.

It’s a great incentive and buyouts would have success built in. In this year’s instance, we’d be getting closer to $5M from UW for poaching a successful coach.

Sent from my iPhone using Tapatalk

I've never seen an incentive based increase. However have seen an incentive based extension. And it happened this year. Keats at NC State. Was on the hot seat. Winning the acc tourney triggered a 2 year extension. Making the sweet 16 triggered an extra one year extension. His success got him a 3 year extension. Lol

cval · Post by **cval** » March 31st, 2024, 2:24 pm

Some of you will be stunned if it’s less than $1.5, and others if it’s more than $1.0.

Looks like some of you are guaranteed to be stunned

.

I am guessing a modest increase from the $900,000 Sprinkle started with. The $1.1 seems about right.

As for incentives, we have discussed the incentives that were in Sprinkles contract. If I remember right there were bumps for the Conference title, NCAA bid, and NCAA win. Some of you have access to the numbers.

LarryTheAggie · Post by **LarryTheAggie** » March 31st, 2024, 2:27 pm

Rawbirds wrote: ↑
March 31st, 2024, 1:33 pm
I was curious on incentives, typically our contracts have included a one time bonus for achieving a goal (ie a MWC regular season champion), has anyone ever seen one where the incentives trigger a change in salary?

Imagine if Sprinkles contract would’ve increased from $900k to $1.2M with a conference championship and $1.5M with a NCAA tournament win.

It’s a great incentive and buyouts would have success built in. In this year’s instance, we’d be getting closer to $5M from UW for poaching a successful coach.

Sent from my iPhone using Tapatalk

I would give 1.1 million contract that automatically extents and increases his salary to whatever Sprinkle was offered if we make the NCAA tournament in the first year or (maybe) 2.

Intermeddler · Post by **Intermeddler** » March 31st, 2024, 3:13 pm

I’d pay him more for the simple reason it means the buyout if he breaches can be much higher and we can negotiate the buyout if we terminate him without cause to be lower. Bumping him up only if he does well won’t do anything because he’ll be out the door by then regardless but a high buyout might limit the pool of schools that may try and poach him early in the contract but we can negotiate a lower buyout if we terminate to protect us if he isn’t good.

Full · Post by **Full** » March 31st, 2024, 8:35 pm

Intermeddler wrote: ↑
March 31st, 2024, 3:13 pm
I’d pay him more for the simple reason it means the buyout if he breaches can be much higher and we can negotiate the buyout if we terminate him without cause to be lower. Bumping him up only if he does well won’t do anything because he’ll be out the door by then regardless but a high buyout might limit the pool of schools that may try and poach him early in the contract but we can negotiate a lower buyout if we terminate to protect us if he isn’t good.

I don’t think there is a lot of negotiating going on with a buyout either way. Danny Sprinkles contract was 75% of the contract for either side (75% if he leaves, 75% if he is fired). The last time a basketball coach was fired there was controversy about the length of the deal. I think USU ended up with a third party paying more than the contract buyout, not less.

Intermeddler · Post by **Intermeddler** » March 31st, 2024, 8:41 pm

Full wrote: ↑
March 31st, 2024, 8:35 pm

Intermeddler wrote: ↑
March 31st, 2024, 3:13 pm
I’d pay him more for the simple reason it means the buyout if he breaches can be much higher and we can negotiate the buyout if we terminate him without cause to be lower. Bumping him up only if he does well won’t do anything because he’ll be out the door by then regardless but a high buyout might limit the pool of schools that may try and poach him early in the contract but we can negotiate a lower buyout if we terminate to protect us if he isn’t good.
I don’t think there is a lot of negotiating going on with a buyout either way. Danny Sprinkles contract was 75% of the contract for either side (75% if he leaves, 75% if he is fired). The last time a basketball coach was fired there was controversy about the length of the deal. I think USU ended up with a third party paying more than the contract buyout, not less.

There certainly could be, particularly if he’s getting a 4-5x salary increase but you are right it’s customarily the same for either side breaching. The Duryea issue was due to some awful lawyering and should have been easily avoided

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