Jones' Compensation Clarified 11/6/13

[Clemvolsince54]

Jones' Compensation Clarified - UTSPORTS.COM - University of Tennessee Athletics

 

[AZVOLSFAN]

Well, he is handsomely compensated, at with a base salary of $2.95 million.

 

[governmentmule]

i ran out of toes and fingers in a hurry,it's hard to do that kinda of math with 17 digits

 

[beneVOLence]

On ESPN's show The Experts it had CBJ as the 4th highest paid coach in college football at over 4 million a year in salary and endorsements. Behind Nick Sabin, Mack Brown and Bret Bielema.

 

[NashVOL93]

TL;DR - Butch Jones makes a lot of money to do an extremely stressful job that most of us would fail miserably at. The head football coach of a major, historically top-tier SEC football program is arguably under as much if not more pressure to perform than the CEO of a major corporation is, yet we pay him 1/10 of what the CEO makes. We got a good deal IMO.

Hell, get us a bowl game this season and a Top 5 recruiting class this winter and they can pay him whatever they want. The future is bright. Go Vols.

 

[oregonvol]

By contrast, he makes about $600,000 more a year than Malzahn, right?

 

[Duck in a pen]

By contrast, he makes about $600,000 more a year than Malzahn, right?

Malzahn probably makes less than that after he pays 1/2 of what he makes to his players

 

[vol66]

The reason for the clarification has more to do with the buy out we paid to Cincy than where CBJ ranks on the salary list imo.

 

[TNfaninMS]

i ran out of toes and fingers in a hurry,it's hard to do that kinda of math with 17 DIGITS

Wait..........wut?

 

[fade route]

NB4 the players ought to be paid BS argument

 

[SamRebel35]

Malzahn probably makes less than that after he pays 1/2 of what he makes to his players

Lol. Awesome

 

[VolFanHenry]

TL;DR - Butch Jones makes a lot of money to do an extremely stressful job that most of us would fail miserably at.

Bingo. 99.9% of us would be horrible failures at this. I like being able to go home at night and have days off and time to come screw around on VN. Can't do that in his job, nonstop 24/7.

 

[TnTech_Vol]

In reality CBJ is about middle of the pack, salary wise, in the SEC.

SEC Football Coaching Salaries | Saturday Down South

USA Today's Coaching Salary Database Not Quite What It Seems « MrSEC MrSEC

 

[VolGee4]

The reason for the clarification has more to do with the buy out we paid to Cincy than where CBJ ranks on the salary list imo.

The reason for the clarification is because it was wrong. I am sure CBJ doesn't want people thinking he makes $1.8 million more than he does, especially during hard times. Not only that, but he just doesn't make that much.

 

[oregonvol]

In reality CBJ is about middle of the pack, salary wise, in the SEC.

SEC Football Coaching Salaries | Saturday Down South

That list doesn't figure in his signing bonus, which would move him a few spots up the list and into the top half.

 

[vol66]

The reason for the clarification is because it was wrong. I am sure CBJ doesn't want people thinking he makes $1.8 million more than he does, especially during hard times. Not only that, but he just doesn't make that much.

The 1.4 Million buy out to Cincy and the signing bonus added to his base salary, is how USA Today came to the figure.

The story, if there is a story, has to do with "tax free" buyouts and a possible challenge to that practice by the IRS.

I agree that UT might also want to avoid the appearance of over spending.

(Tennessee) Assumed responsibility for a $1.4 million payment owed to Cincinnati, said it is treating the payment as a reimbursable employee business expense and does not consider it compensation. However, Tennessee also said that if the payment becomes taxed as Jones’ income, the university will neutralize the actual tax impact on Jones.

 

[90 Vol]

Malzahn probably makes less than that after he pays 1/2 of what he makes to his players family so it can be claimed that the player knew nothing about it.[/QUOTE]

fyp

 

[rockytop114]

Malzahn probably makes less than that after he pays 1/2 of what he makes to his players

Boon!

from rags to riches

 

[salutethehill]

USA Today | Sports | COLLEGE

 

[volfan2024]

USA Today | Sports | COLLEGE

Now that's a bunch of cabbage.

 

[vtvol98]

You mean that Tennessee could've gotten Urban for less than Butch?

 

[Volunteer_Kirby]

Butch Jones has a base salary of 2.95 mil

 

[Vol-in-Atlanta]

I'm all for paying what the market will bear for talent. The issue I have is with these ridiculusly rich back-end deals where schools have to pay to fire a failure (see Dooley).....pay them what their worth, pay them more if they are sucessful, just don't let them out-negotiate you after a mildly successful season and tack on a provision which financially penalizes the school to get rid of them (see Dooley)......Who exactlly was going to hire Dooley away from us for more money where we agreed to this? Did I mention Dooley in this post? Sorry for the rant.

 

[oregonvol]

Butch Jones has a base salary of 2.95 mil

Plus a $500,000 signing bonus. Making his yearly salary over the life of the contract to a little over 3 million. We paid Cincinatti a 1.4 million dollar buyout to hire him, which is what USA Today added in to reach its number.

 

[Velo Vol]

TL;DR - Butch Jones makes a lot of money to do an extremely stressful job that most of us would fail miserably at. The head football coach of a major, historically top-tier SEC football program is arguably under as much if not more pressure to perform than the CEO of a major corporation is, yet we pay him 1/10 of what the CEO makes. We got a good deal IMO.

Hell, get us a bowl game this season and a Top 5 recruiting class this winter and they can pay him whatever they want. The future is bright. Go Vols.

Can he heal people with his touch, too?

You coach worshippers are something else.

It's freakin' football, not rocket science.