He has 4 years left on his current contract. We would quite likely be a program he would love to build, maintain and stay at as long as we want him and keep his salary commensurate with his performance.
Born & raised less than 30 miles from MSU, he just might be willing to take an offer this year that guarantees a little more than he makes now, gives him much more for assistants, but is also full of very juicy incentives, both academic and athletic. Maybe he would agree to a contract that does not make it too painful if we need to buy him out in less than 4 years.
His current contract:
2019 – $265,000.
2020 – $265,000.
2021 – $270,000.
2022 – $280,000.
2023 – $280,000.
Buyout for us would be 25% of remaining contract. He's set to make $1,095,000 over the next 4 years with some relatively minor incentives. I'm thinking we ought to be talking to him to see if he would consider an initial 4-year contract doubling and guaranteeing his current base salary, and loading it up with enough performance incentives if he meets and/or exceeds established goals that his total compensation is in-line with other SEC coaches. And I would tell him if he meets or exceeds set goals 4 years in a row, we will renegotiate his contract to a more standard SEC HC deal if he so chooses.
If we could do this with a buyout that does not exceed his remaining salary, it would allow us to take a chance on Hud while paying off JoMo and not making it impossible to move on again if Hud does not work out.
Anybody think he might go for it, given his current situation and the fact he's a home-town boy? If it worked out, he could be our Frank Beamer, etc. If Hud built us up, he'd be less likely to treat us as a stepping-stone.
Born & raised less than 30 miles from MSU, he just might be willing to take an offer this year that guarantees a little more than he makes now, gives him much more for assistants, but is also full of very juicy incentives, both academic and athletic. Maybe he would agree to a contract that does not make it too painful if we need to buy him out in less than 4 years.
His current contract:
2019 – $265,000.
2020 – $265,000.
2021 – $270,000.
2022 – $280,000.
2023 – $280,000.
Buyout for us would be 25% of remaining contract. He's set to make $1,095,000 over the next 4 years with some relatively minor incentives. I'm thinking we ought to be talking to him to see if he would consider an initial 4-year contract doubling and guaranteeing his current base salary, and loading it up with enough performance incentives if he meets and/or exceeds established goals that his total compensation is in-line with other SEC coaches. And I would tell him if he meets or exceeds set goals 4 years in a row, we will renegotiate his contract to a more standard SEC HC deal if he so chooses.
If we could do this with a buyout that does not exceed his remaining salary, it would allow us to take a chance on Hud while paying off JoMo and not making it impossible to move on again if Hud does not work out.
Anybody think he might go for it, given his current situation and the fact he's a home-town boy? If it worked out, he could be our Frank Beamer, etc. If Hud built us up, he'd be less likely to treat us as a stepping-stone.
