Pat Hobbs Absurd Contract

[RRRRUUUU]

His current contract is guaranteed through 2023-2024 AND he gets automatic extensions annually after 2021-2022 so that he has a minimum of 2 years on his contract at all times.

His salary is ~625k per year AND he gets an additional $100k in deferred compensation for each year he is the AD.

So he makes 3/4 of a million dollars a year to make the worst hire in the history of rutgers football, and possibly the history of football. And now is holding up the hire 80% of rutgers fans want.

Rutgers giving him this contract with AUTOMATIC extensions with botching the first hire is astounding. Now I understand how he can hold the university hostage at this point.

https://www.nj.com/rutgersfootball/2017/10/pat_hobbs_gets_surprise_contract_extension_here_ar.html

 

[Ole Cabbagehead]

Terrible post.

 

[BuggsyRU]

His current contract is guaranteed through 2023-2024 AND he gets automatic extensions annually after 2021-2022 so that he has a minimum of 2 years on his contract at all times.

His salary is ~625k per year AND he gets an additional $100k in deferred compensation for each year he is the AD.

So he makes 3/4 of a million dollars a year to make the worst hire in the history of rutgers football, and possibly the history of football. And now is holding up the hire 80% of rutgers fans want.

Rutgers giving him this contract with AUTOMATIC extensions with botching the first hire is astounding. Now I understand how he can hold the university hostage at this point.

https://www.nj.com/rutgersfootball/2017/10/pat_hobbs_gets_surprise_contract_extension_here_ar.html

You don’t know that he is the one holding this up!

no one does! For all anyone knows, it could be Schiano’s side..... so stop with the ridiculous post blaming Hobbs for Schiano not being signed yet!

The fact that we haven’t heard a peep from Greg and his publicist is a good thing, not a bad thing!

 

[Local Shill]

Being a Division I football coach, basketball coach or AD is great work if you can get it.

A total racket, really, where even if you’re bad at the job and eventually fired you’re extremely well compensated.

 

[ru1869]

His current contract is guaranteed through 2023-2024 AND he gets automatic extensions annually after 2021-2022 so that he has a minimum of 2 years on his contract at all times.

His salary is ~625k per year AND he gets an additional $100k in deferred compensation for each year he is the AD.

So he makes 3/4 of a million dollars a year to make the worst hire in the history of rutgers football, and possibly the history of football. And now is holding up the hire 80% of rutgers fans want.

Rutgers giving him this contract with AUTOMATIC extensions with botching the first hire is astounding. Now I understand how he can hold the university hostage at this point.

https://www.nj.com/rutgersfootball/2017/10/pat_hobbs_gets_surprise_contract_extension_here_ar.html

That’s RUTGERS for you.

IF he doesn’t get off his *** and hire Schiano now, he should be fired IMMEDIATELY!!!!

 

[rutgersal_rivals139582]

It’s ridiculous to give a contract with automatic extensions. What was the need to do this?

 

[Local Shill]

You don’t know that he is the one holding this up!

no one does! For all anyone knows, it could be Schiano’s side..... so stop with the ridiculous post blaming Hobbs for Schiano not being signed yet!

The fact that we haven’t heard a peep from Greg and his publicist is a good thing, not a bad thing!

Why is it good? We haven’t heard from Urban Liar or his “publicist” (you mean agent) either so should we consider him still in the mix?

 

[ru1869]

You don’t know that he is the one holding this up!

no one does! For all anyone knows, it could be Schiano’s side..... so stop with the ridiculous post blaming Hobbs for Schiano not being signed yet!

The fact that we haven’t heard a peep from Greg and his publicist is a good thing, not a bad thing!

Schiano is not holding this up.

 

[angmo]

He loves automatic extensions for first time coaches and ADs.

 

[Ole Cabbagehead]

Schiano is not holding this up.

You know this how?

 

[scarletbergen]

Terrible post.

As I recall, you’re a Hobbs man

 

[Ole Cabbagehead]

It’s ridiculous to give a contract with automatic extensions. What was the need to do this?

Typically when you build automatic extensions at the end of a guaranteed term, it is anticipated that the contract will be renegotiated at that time. The automatic extensions are just so that if everyone is happy they can let it roll without a need to renegotiate This commentary is meaningless unless you are also going to post the clauses governing contract cancellation and termination of the employee.

 

[scarletbergen]

It’s ridiculous to give a contract with automatic extensions. What was the need to do this?

Hobbs is political, that’s it! He is a total incompetent

 

[gef21]

He is doing a great job overall.

He needs to be judged on this hire.

You have inside info that he is holding up the hire?

One of the worst posts of this season.

 

[BuggsyRU]

Why is it good? We haven’t heard from Urban Liar or his “publicist” (you mean agent) either so should we consider him still in the mix?

It’s good, because Schiano hasn’t declined or said in the media that he isn’t interested in the job!

 

[BuggsyRU]

Schiano is not holding this up.

You don’t know that! If you do, show your work!

 

[RU19931]

Hobbs is doing a great job

 

[RRRRUUUU]

Terrible post.

very insightful.

 

[Knight Shift]

very insightful.

Well, then read this one:

Typically when you build automatic extensions at the end of a guaranteed term, it is anticipated that the contract will be renegotiated at that time. The automatic extensions are just so that if everyone is happy they can let it roll without a need to renegotiate This commentary is meaningless unless you are also going to post the clauses governing contract cancellation and termination of the employee.

And stop acting like a child, demanding your golden goose. If you don't understand the basics of contracts, perhaps you should sit back and learn something from the adults in the room.

 

[RRRRUUUU]

Typically when you build automatic extensions at the end of a guaranteed term, it is anticipated that the contract will be renegotiated at that time. The automatic extensions are just so that if everyone is happy they can let it roll without a need to renegotiate This commentary is meaningless unless you are also going to post the clauses governing contract cancellation and termination of the employee.

You realize those are GUARANTEES extensions right? Do you understand the difference between that and typical extensions in the corporate world?

 

[Eaton Beaver]

He raised a lot of money, at least pledges for money.

Please don’t subtract the lost revenue from football tickets from this number 30,000 tickets to 16,000.

 

[RUJohnny99]

Is that bad?

How much do you make a year?

 

[RRRRUUUU]

Well, then read this one:


And stop acting like a child, demanding your golden goose. If you don't understand the basics of contracts, perhaps you should sit back and learn something from the adults in the room.

I understand contracts just fine. You seem to not understand how guaranteed extensions work and what is typically under the terms of being "fired without cause."

I'm not sure what it is you do for a living, and maybe mediocrity is fine with you. Giving it the old college try is enough. I get it, its easier to insinuate that i'm a child, then talk about the facts.

And if by the "adults in the room," you mean Hobbs and Barchi who let Ash walk away with $10mm+ left on his contract with less than 10k fans in the stands, I'd rather not learn from those adults. You can choose to though, that's your right.

 

[Ole Cabbagehead]

You realize those are GUARANTEES extensions right? Do you understand the difference between that and typical extensions in the corporate world?

Umm, yeah. I do. Thanks for asking. You are out of your depth. Your OP is terrible. It would be alot more meaningful if:

1. You compared Hobbs' contract to the contracts of other AD's at P5 schools to see if it was market rate or not;
2. You didn't act like Hobbs' entire job was hiring football coach; and
3. You acknowledged the circumstances surrounding Ash being hired, and the fact that Ash was, by any objective measure, a very reasonable hire to make. Urban Meyer coordinators have been very successful as HC's. Ash is really the outlier there. It's not like Hobbs came in and hired a career position coach at a salary of $750k to run a Big Ten football program like some other guy did.

 

[newell138]

premature post. Whether Hobbs is up to the task will be determined in the next 3-4 years. As many have said numerous times, he has gotten every other sport right, unfortunately the biggest one, he failed on. That being said, he has a chance to fix it and gets a pass for all the other good work he has done. Regardless of who he hires for football, it will take 3-4 years to decide if he failed or passed.

Some of you are like little kids who want their ooompah loompahs now. Thats not how its going to happen and he has said that it will likely be at the end of the year before he makes an announcement.

 

[RRRRUUUU]

Umm, yeah. I do. Thanks for asking. You are out of your depth. Your OP is terrible. It would be alot more meaningful if:

1. You compared Hobbs' contract to the contracts of other AD's at P5 schools to see if it was market rate or not;
2. You didn't act like Hobbs' entire job was hiring football coach; and
3. You acknowledged the circumstances surrounding Ash being hired, and the fact that Ash was, by any objective measure, a very reasonable hire to make. Urban Meyer coordinators have been very successful as HC's. Ash is really the outlier there. It's not like Hobbs came in and hired a career position coach at a salary of $750k to run a Big Ten football program like some other guy did.

I guess reading the actual article was too much to ask from you. It states plainly in the article that his salary will be adjusted to be at least the median of AD's in the Big Ten 2020 and beyond.

I'm not comparing his contract to that of a CEO of a fortune 500 company, but a typical SVP. But I understand how its easier to say I'm out of my depth rather than taking the time to read those terms.

Also, Hobbs himself understood the most important decision by far he would be judged by would be the hiring of the football coach. I know this, because he told me so. There should be consequences for getting something like that wrong, not the $3mm golden ticket he would be owed if he was fired today.

 

[Knight Shift]

I understand contracts just fine. You seem to not understand how guaranteed extensions work and what is typically under the terms of being "fired without cause."

I'm not sure what it is you do for a living, and maybe mediocrity is fine with you. Giving it the old college try is enough. I get it, its easier to insinuate that i'm a child, then talk about the facts.

And if by the "adults in the room," you mean Hobbs and Barchi who let Ash walk away with $10mm+ left on his contract with less than 10k fans in the stands, I'd rather not learn from those adults. You can choose to though, that's your right.

No you don't understand contracts just fine. You went off half-cocked without all of the facts. You need to review the details of the contract.

No, adults in the room are the people who do not go off half-cocked and do not stamp their feet and cry when they don't get their golden goose and make **** up that Hobbs is holding up the hire of Schiano. Multiple posters called you out on that.

So, go back, find the facts, and post something with basis in fact. Or continue to cry about wanting your golden goose right now.

 

[RRRRUUUU]

No you don't understand contracts just find. You went off half-cocked without all of the facts. You need to review the details of the contract.

No, adults in the room are the people who do not go off half-cocked and do not stamp their feet and cry when they don't get their golden goose and make **** up that Hobbs is holding up the hire of Schiano. Multiple posters called you out on that.

So, go back, find the facts, and post something with basis in fact. Or continue to cry about wanting your golden goose right now.

Those posters have the facts, and I don't?

I don't have 100% of the facts, no doubt. But I can make conjectures based on what I heard at the stadium. If everything that was posted needed to have 100% of the facts in hand, nothing should be posted on the coaching search, period.

I think its absurd that he has automatic guarantees baked into his contract for being a law professor that is not in demand as an AD at any other P5 school. I don't need 100% of the facts to understand that. It's okay if you do though.

 

[Knight Shift]

Those posters have the facts, and I don't?

I don't have 100% of the facts, no doubt. But I can make conjectures based on what I heard at the stadium. If everything that was posted needed to have 100% of the facts in hand, nothing should be posted on the coaching search, period.

I think its absurd that he has automatic guarantees baked into his contract for being a law professor that is not in demand as an AD at any other P5 school. I don't need 100% of the facts to understand that. It's okay if you do though.

Thank you for admitting your post is just based on what's in your head and some innuendo or rumor you probably heard third hand. Just keep stirring the pot for you and the other little children who have to have their golden goose right now.

 

[RUinBoston]

That’s RUTGERS for you.

IF he doesn’t get off his *** and hire Schiano now, he should be fired IMMEDIATELY!!!!

It's gonna be fascinating to see how fast people turn on Schiano when we go 3-9 next year.

 

[RRRRUUUU]

Thank you for admitting your post is just based on what's in your head and some innuendo or rumor you probably heard third hand. Just keep stirring the pot for you and the other little children who have to have their golden goose right now.

you're welcome.

 

[Caliknight]

Pat is the best AD we’ve ever had. He deserves more/

 

[DowntownT_Brown]

Pat is the best AD we’ve ever had. He deserves more/

Without a doubt.

It is mind blowing and sad at how short sighted a large portion of our fan base is.

I may be overstating it by saying a large portion but certainly there is a vocal segment that has no idea how ridiculous they sound.

 

[krup]

We have such a warped fan base that they view performing a search of the available candidates for our head coaching job as a negative for potentially “holding up” the return of their Messiah.

 

[Commander32]

Pat is the best AD we’ve ever had. He deserves more/

Have you seen what he has done to the football program!

He was handed a job with no football experience, given the most resources in history thanks to people who got Rutgers into the B1G (GS BM and TP) And has literally destroyed the football program.

He is actually the worst of all time at the most important part of the job.

 

[Knight Shift]

We have such a warped fan base that they view performing a search of the available candidates for our head coaching job as a negative for potentially “holding up” the return of their Messiah.

Especially when the last two coach hires were hurried and ended with Rutgers getting bad hires.
Would still like to know why Rutgers decided they needed to make a head coach hire six days after Pat Hobbs was hired. What kind or search was that, or was Hobbs handed a short list to work from and a $2 million salary budget? Did Greg Brown largely drive the process, influenced by Barry Alvarez' recommendation of Chris Ash?

So, are we supposed to just let the big donors drive the bus again, potentially going over the cliff? And that statement is not a reflection on Greg. It's a reflection on the process. St. Greg himself frequently said "It's a process." So why can't the mamby pampby antics like the OP stop, and let the process play out? Many of us fully expect Greg to be the hire. But as the poll that was posted here a couple of weeks ago showed--a large majority want there to be a full search before the next coach is hired.

 

[Knight Shift]

Have you seen what he has done to the football program!

He was handed a job with no football experience, given the most resources in history thanks to people who got Rutgers into the B1G (GS BM and TP) And has literally destroyed the football program.

He is actually the worst of all time at the most important part of the job.

That's a great narrative. Until questions are answered in my post above, there is a lot of missing information.

 

[scarletbergen]

$901,775 for Hobbs? Ha, ha, ha, ha.....this is a freaking joke...where are my sunglasses.
All that sweet shi stadium money is being well spent. God help us!

 

[tru2ru1]

Especially when the last two coach hires were hurried and ended with Rutgers getting bad hires.
Would still like to know why Rutgers decided they needed to make a head coach hire six days after Pat Hobbs was hired. What kind or search was that, or was Hobbs handed a short list to work from and a $2 million salary budget? Did Greg Brown largely drive the process, influenced by Barry Alvarez' recommendation of Chris Ash?

So, are we supposed to just let the big donors drive the bus again, potentially going over the cliff? And that statement is not a reflection on Greg. It's a reflection on the process. St. Greg himself frequently said "It's a process." So why can't the mamby pampby antics like the OP stop, and let the process play out? Many of us fully expect Greg to be the hire. But as the poll that was posted here a couple of weeks ago showed--a large majority want there to be a full search before the next coach is hired.

Wow hitting the nail on the head with this one, decision on who would be the head coach was made before Hobbs was hired

 

[scarletbergen]

Dean of Seton Hall Law School $315,000