Can Frost's current contract be re-negotiated....
- Thread starter ssmill777
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He has an existing contract. Why in the world would he change the contract for lesser terms? Why would anybody do that?
There is where the white-knighters will tell us "That is what I would do, I would feel like I was stealing money from NU and I would be fine with restructuring"
Whether he renegotiates the terms of his contract to his detriment will have zero to do with whether he keeps his job. If he gets another year it will either be win or get lost. Wouldn't matter if he agreed to coach for free the rest of his life, it wouldn't extend his stay unless he wins.
In that case there is no point in renegotiating, he's basically year to year. Not saying I agree with it, but if he and the program want to show they are going to stay the course to help with recruting, assisstant hires, etc., it might make sense.
It can be done. Michigan redid Harbaugh’s contract this off season. I don’t remember all the specifics, but it wasn’t a pay cut, however it reduced his buyout and added incentives for performance. He also made a ton of staff changes in the off season.
he is under a guaranteed contract. There would have to be an upside to it for him. Simply staying employed may not be enough, because he will get paid the same regardless.
The upside is a vote of confidence and a longer term commitment. See the Harbaugh situation. If his main concern is collecting money with the least amount of effort then you are correct.
That isn't much leverage. If you don't agree to continue working with changed terms completely not in your favor you will be terminated. And get the $20M owed to you in the contract.
Who would choose to keep their job for much less money owed and potentially less annual salary over just taking more money now?
Bamahusker beat me to it. But someone who loves the program and thinks they can get it done.
I don't think you can question HCSF love and passion for this program. So that's who I would guess, Scott Frost.
Longer commit = upside. There is a positive for him if he really believes in what he is saying about being that close. If they were to come in and say, "Hey Scott, in order for you to stay another year, we need you to restructure your contract to lower your buyout going forward". What benefit does Scott get out of that, other than the stress in the fishbowl another year only to get less money when he gets fired next year.
We don’t know how much less he’s getting. Depending on the amount of the cut, returning for another year could actually be profitable for him. He’s betting on himself to earn another contract with us or to at least repair his image enough to land a decent OC job elsewhere.
And of course there’s the possibility that he cares more about this job than the money he’d receive from being fired. Not every life decision is solely a money issue. If it were, we’d all never stop working and never spend money on anything.