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+----- Thread: Coach K Contract Extended Through 2020-2021 Season (/thread-684577.html)
Coach K Contract Extended Through 2020-2021 Season - RocketBBallFan - 04-01-2014 10:12 AM
http://www.utrockets.com/ViewArticle.dbml?DB_OEM_ID=18000&ATCLID=209450060
RE: Coach K Contract Extended Through 2020-2021 Season - DetroitRocket - 04-01-2014 10:43 AM
(04-01-2014 10:12 AM)RocketBBallFan Wrote: http://www.utrockets.com/ViewArticle.dbml?DB_OEM_ID=18000&ATCLID=209450060
Nice. But contracts like this only protect the coach at the MAC level and are mostly symbolic. If the program tanks, which I don't think it will, then Coach K will get paid for all of those years. If he decides to move on, then some big school will have no problem with the payout on his contract.
Anyway, I hope he got a nice raise too.
RE: Coach K Contract Extended Through 2020-2021 Season - Toledo Football 1st - 04-01-2014 12:29 PM
Quite an extension. Hopefully he'll be here that long.
RE: Coach K Contract Extended Through 2020-2021 Season - DetroitRocket - 04-01-2014 12:43 PM
$415K guaranteed per year.
RE: Coach K Contract Extended Through 2020-2021 Season - MidnightBlueGold - 04-11-2014 05:33 PM
I just saw this (http://www.bcsn.tv/news_article/show/372232?referrer_id=1064651):
Quote:Unchanged in Kowalczyk’s contract is the buyout agreement. He must pay $175,000 if he leaves on or before March 15 of next year. He owes the university nothing if he leaves after that date.
That sucks. OU was owed $500k by Jim Christian for leaving for Boston College. TK's buyout is horrible for UT. $0 buyout after next year? When he would still have 5 years left on his contract?!? So basically he gained everything, while UT gained nothing. I'm sure he is still owed 100% of his contract if he is fired, but he owes UT barely nothing (and eventually nothing) for leaving.
Just like Coach Cullop has no buyout in her contract.
RE: Coach K Contract Extended Through 2020-2021 Season - northrocket43 - 04-14-2014 11:17 AM
I agree. These contracts are over the top favoring the coaches who already make disproportionate salaries relative to everyone else on campus.