(12-19-2014 09:46 AM)WheresWaldo42 Wrote: That said. When I heard last night that they had giving him a new 6 year contract worth $800k per year, I was baffled. There was really no reason to do so. PJ just finished year 2 of a 5 year deal, that already paid him nearly double what the previous head coach was being paid. Ultimately, he still has an overall losing record and while the current trajectory shows that changing, I'm just not sure that THIS was necessary. Are they worried about him jumping ship to a "bigger" job? If so, then I don't know that $800k is really going to keep him here anyways. If WMU has another big year in 2015 and lets say gets to or even wins the MAC Title, then I can see PJs stock being high and one of the P5 schools calling. If they want him, $800k is a drop in the bucket. So in my opinion, you just doubled a coaches salary after his 2nd season, with 3 seasons left on the original contract, when I don't believe there was really any threat of him leaving now anyways and the raise still isn't going to ultimately keep him here if it comes down to money in a year or 2.
Say Fleck was getting looks and WMU was getting calls from other A.D.'s asking for permission to speak with him... would you keep his contract the same and not touch it, or would you consider re-negotiating a new contract in order to keep him here?
Original contract
2015: $392,500 ($336,000 buyout)
2016: $392,500 ($210,000 buyout)
2017: $392,500 ($147,000 buyout)
New contract (since we don't know all the details of the contract yet, let's just pretend the buyout is conservatively the same ratio)
2015: $800,000 ($680,000 buyout)
2016: $800,000 ($550,000 buyout)
2017: $800,000 ($425,000 buyout)
2018: $800,000 ($375,000 buyout)
2019: $800,000 ($300,000 buyout)
2020: $800,000 ($250,000 buyout)
Don't be so focused on whether or not the buyout does enough to deter a P5 school. That's not the point of a buyout (maybe some, but not all). What it ultimately does is protect WMU. It's a win-win for all parties involved.