Jones' Compensation Clarified 11/6/13

#26
#26
ASU is giving a nice bonus to Todd Graham. Almost 3x more than anybody else
 
#29
#29
vol66 said:
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.
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Well, I didn't see a story wth it, and the top of the chart says "Top NCAAF Coach Salary." Now, the tax implication may very well be a topic, but that is not what USA Today is passing it off as. For a casual observer, it is posted as coaches' 2013 income, and $0 is listed under "Other Pay" for CBJ. Frankly, I believe this is a misrepresentation of his salary. I guess he will drop out of the top ten next year, considering that his buyout and signing bonus will not be added.
 
#30
#30
Vol-in-Atlanta said:
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.
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It goes both ways. CBJ had to pay $1.4 million to Cincy for his buyout to terminate the contract. The problem lies when the school's buyout to fire the coach is much larger than when the coach has to pay a buyout. That is where Hamilton messed us up. Kiffin's buyout was not nearly enough, and I believe he extended Dooley after year one. That created a huge buyout after we realized he was incompetent after year three.
 
#31
#31
VolGee4 said:
Well, I didn't see a story wth it, and the top of the chart says "Top NCAAF Coach Salary." Now, the tax implication may very well be a topic, but that is not what USA Today is passing it off as. For a casual observer, it is posted as coaches' 2013 income, and $0 is listed under "Other Pay" for CBJ. Frankly, I believe this is a misrepresentation of his salary. I guess he will drop out of the top ten next year, considering that his buyout and signing bonus will not be added.
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Tax-free buyouts? Coaches take a chance with the IRS
 
#34
#34
beneVOLence said:
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.
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Someone needs to get their facts straight don't you ESPN & USAToday!
 
#35
#35
whocaresgobobcats said:
BS? thats a good one.


the coach makes millions off the players. thats a good one too.
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The coach makes millions off his ability to coach the players. The players have no chance to play professionally and make more than their college coach without said coach. Glad you're not in charge.
 
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#37
#37
Velo Vol said:
Can he heal people with his touch, too?

You coach worshippers are something else.

It's freakin' football, not rocket science.
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I'm sorry, Coach, I must have missed where you've been the head man of a D1 football program in the most competitive conference in college football.

Seriously, this comment is just so full of stupid it blows my mind. Are you really unaware of what goes into this job? FYI - it's a little more "oh hey, we've got a game Saturday, guess I'll go up to the stadium and coach a couple downs of football, then head back to the house, have a few beers and pass out with the wife about 10pm or so".

There's so much more that goes on behind the scenes in a football program than most people, even most of the well-informed ones, realize.
 
#40
#40
NashVOL93 said:
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.
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Amen Brother, I totally agree........
We have a VERY BRIGHT FUTURE:good!:
 
#43
#43
Amen, DC Vol.

Reading NashVOL93 and bigslk proves what people here in DC think of the South, my home state, and the people that live there: uneducated, folly people.
 
#44
#44
csmize said:
Amen, DC Vol.

Reading NashVOL93 and bigslk proves what people here in DC think of the South, my home state, and the people that live there: uneducated, folly people.
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Someone in Washington D.C., the ultimate home of all idiocy and incompetency in this country, is calling me the dumb one. Wow. Really. Never saw that one coming.

By the way, if you're going to call someone uneducated, at least try to make grammatical sense yourself: "folly" is not an adjective, and even if it was, you'd still be missing a comma. But what does a simple Southern moron know, right?
 
#45
#45
Vol-in-Atlanta said:
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.
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It's basic contract negotiation.

Unfortunately, the coaches (CPF, CLK, CDD) all had agents who took our AD and administration out to the woodshed 3 times in a row. Those million$ are the insult following the injury of the UT coaching carousel. The reason that teams like UO, UA, and UM have all steamrolled us and taken their foot off the gas in the 4th Q.

Sometimes folks complain @ the exorbitant cost of executive leadership. UT atheletics, since 2007, is a case study on how expensive cheap/unqualified executive leadership can be.

Translation: The Vols got whipped in the board room before it ever showed up on the field.
 
#46
#46
NashVOL93 said:
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.
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For the product we've had on the field this year? I don't think so.
 
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#48
#48
Just think about it if dooley hadn't have lost to UK and kiffin hadn't had gone to USC we would not have Butch Jones.
 
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