(12-01-2018 06:59 PM)ghostofclt! Wrote:  

(12-01-2018 12:00 AM)Purple Wrote:  I got here for the first time today, read two thread updates, didn't see it posted anywhere, so thought it may not have been seen. So, with the caveat, "Not sure if it has been posted here yet or not," I linked it. Forgive the hell out of me!

clt understands your pain. feel free to become a Charlotte fan, we understand the chat page limitations of having a job.

Why would we be fans of a school we didn’t attend and have no ties with?

(12-02-2018 01:23 PM)JMURocks Wrote:  ECU already eyeballing our recruits ... Bourne better have a plan.

JB just released an email. It was an excellent and reasonable response given the current situation. Now it’s time to be pleasantly surprised (again) in welcoming the next HC.

Dukes,

I have a ton of respect for your program, especially after the drubbing you put on us in Greenville a couple years ago. I think I know how you are feeling after the Mike Houston to ECU announcement... we were in a similar spot back in 2009 with Skip Holtz. He came in and turned our program around, and won back to back C-USA Championships in '08 & '09, and were ranked as high as #13 in the nation. Skip kept talking about how much he loved ECU and Greenville, and that he was happy here. And the BOOM... he was gone one day, nearly out of the blue, to go down to USF (back when USF was in the Big East and was part of the BCS cartel)...




It stung... and I'll admit I reveled in Skip's bad record at USF, for a while. But our next coach was Ruffin McNeill, and regardless of how his tenure at ECU ended, he brought the fanbase back together and we forgot about Skip fairly quickly.

I see JMU doing the same. You already have a rock-solid foundation and a history of winning. The PLAYERS have that instilled in them. They will pass that down to the next generation of young Dukes, regardless of who the coach is.

Best of luck (sincerely) to you on your search, and I am sure that in 3 or 4 years, if Coach Houston turns the ship around in Greenville, we will be in the exact same spot that we were in '09 with Skip, and we'll be searching yet again.

I'm sure this is in another thread, but this one would be most appropriate and it isn't so I'm including it.

ECU Contract Details

Quote:If Houston accepts another job without ECU's permission, terminating the contract on his end, here's the liquidated damages (buyout) owed to East Carolina.

During 2019 - $2.5 million
During 2020 - $2 million
During 2021 - $1.5 million
During 2022 - $1 million
During 2023 - $500,000

No idea how common this sliding buy-out clause is at either the FCS or FBS level as I don't believe Houston or EW had one but I'd hope it finds its way into the next JMU HC's contract.

(12-03-2018 01:12 PM)DoubleDogDare Wrote:  I'm sure this is in another thread, but this one would be most appropriate and it isn't so I'm including it.

ECU Contract Details

Quote:If Houston accepts another job without ECU's permission, terminating the contract on his end, here's the liquidated damages (buyout) owed to East Carolina.

During 2019 - $2.5 million
During 2020 - $2 million
During 2021 - $1.5 million
During 2022 - $1 million
During 2023 - $500,000

No idea how common this sliding buy-out clause is at either the FCS or FBS level as I don't believe Houston or EW had one but I'd hope it finds its way into the next JMU HC's contract.

why did we reduce our buyout to $500K? Anyone know?

(12-03-2018 01:12 PM)DoubleDogDare Wrote:  I'm sure this is in another thread, but this one would be most appropriate and it isn't so I'm including it.

ECU Contract Details

Quote:If Houston accepts another job without ECU's permission, terminating the contract on his end, here's the liquidated damages (buyout) owed to East Carolina.

During 2019 - $2.5 million
During 2020 - $2 million
During 2021 - $1.5 million
During 2022 - $1 million
During 2023 - $500,000

No idea how common this sliding buy-out clause is at either the FCS or FBS level as I don't believe Houston or EW had one but I'd hope it finds its way into the next JMU HC's contract.

Important to note where that money actually comes from. Here is the breakdown from Hoist the Colors:

Hoist the Colors Wrote:The total pay breakdown is like this:

2019: $1.3 million total ($500K base, $350K broadcast, $225K season tickets, $225K Pirate Club)

2020: $1.38 million total ($500K base, $385K broadcast, $247,500 season tickets, $247,500 Pirate Club)

2021: $1.468 million total ($500K base, $423,500 broadcast, $272,250 season tickets, $272,250 Pirate Club)

2022: $1.564 million total ($500K base, $465,850 broadcast, $299,475 season tickets, $299,475 Pirate Club)

2023: $1.671 million total ($500K base, $512,435 broadcast, $329,422 season tickets, $329,422 Pirate Club)

TONS of bonuses written into the contract, too.

Win over P5 team = $20k

Win Totals Bonuses
8 Wins = $30k
9 Wins = $35k
10 Wins = $40k
11 wins = $45k
12 Wins = $50k

AAC CotY or AFCA's Regional Football CotY Bonus = $25k

CFP Bonus = $250k
Semifinal Win = $250k
NC Win = $500k

NY6 Bowl = $75k
Standard Bowl = $25k
Bowl Win = $50K

End of Seaon CFP Top 25 Ranking = $50k

Retention Bonus
Through Dec. 31, 2019: $125,000
Through Dec. 31, 2020: $125,000
Through Dec. 31, 2023: $400,000

The article also says that ECU is paying JMU $500k in a buyout. All other articles mention a $750k buyout, though. So I'm not sure if Houston is covering the other $250k or if JMU was negotiated down.

Source: https://247sports.com/college/east-carol...25815278_2

(12-03-2018 01:12 PM)DoubleDogDare Wrote:  I'm sure this is in another thread, but this one would be most appropriate and it isn't so I'm including it.

ECU Contract Details

Quote:If Houston accepts another job without ECU's permission, terminating the contract on his end, here's the liquidated damages (buyout) owed to East Carolina.

During 2019 - $2.5 million
During 2020 - $2 million
During 2021 - $1.5 million
During 2022 - $1 million
During 2023 - $500,000

No idea how common this sliding buy-out clause is at either the FCS or FBS level as I don't believe Houston or EW had one but I'd hope it finds its way into the next JMU HC's contract.

We had one ... problem is it was nowhere near high enough to start with. That he had multiple schools chasing him before year 1 completed is sufficient evidence of that. Of course our pay was less, but not 5 times less. The buyout here is 5 times what our G5 buyout number was.

ECU probably has him for 2 or 3 years with these numbers, unless he immediately goes 9-3 his first year and wins a bowl. If that happens all bets are off.

It’s not like JMU just gets to pick a number. I’m sure the buyout was a significant part of the negotiation when the contract extension was signed.

(12-03-2018 01:22 PM)DukeDogNation Wrote:  

(12-03-2018 01:12 PM)DoubleDogDare Wrote:  I'm sure this is in another thread, but this one would be most appropriate and it isn't so I'm including it.

ECU Contract Details

Quote:If Houston accepts another job without ECU's permission, terminating the contract on his end, here's the liquidated damages (buyout) owed to East Carolina.

During 2019 - $2.5 million
During 2020 - $2 million
During 2021 - $1.5 million
During 2022 - $1 million
During 2023 - $500,000

No idea how common this sliding buy-out clause is at either the FCS or FBS level as I don't believe Houston or EW had one but I'd hope it finds its way into the next JMU HC's contract.

Important to note where that money actually comes from. Here is the breakdown from Hoist the Colors:

Hoist the Colors Wrote:The total pay breakdown is like this:

2019: $1.3 million total ($500K base, $350K broadcast, $225K season tickets, $225K Pirate Club)

2020: $1.38 million total ($500K base, $385K broadcast, $247,500 season tickets, $247,500 Pirate Club)

2021: $1.468 million total ($500K base, $423,500 broadcast, $272,250 season tickets, $272,250 Pirate Club)

2022: $1.564 million total ($500K base, $465,850 broadcast, $299,475 season tickets, $299,475 Pirate Club)

2023: $1.671 million total ($500K base, $512,435 broadcast, $329,422 season tickets, $329,422 Pirate Club)

TONS of bonuses written into the contract, too.

Win over P5 team = $20k

Win Totals Bonuses
8 Wins = $30k
9 Wins = $35k
10 Wins = $40k
11 wins = $45k
12 Wins = $50k

AAC CotY or AFCA's Regional Football CotY Bonus = $25k

CFP Bonus = $250k
Semifinal Win = $250k
NC Win = $500k

NY6 Bowl = $75k
Standard Bowl = $25k
Bowl Win = $50K

End of Seaon CFP Top 25 Ranking = $50k

Retention Bonus
Through Dec. 31, 2019: $125,000
Through Dec. 31, 2020: $125,000
Through Dec. 31, 2023: $400,000

The article also says that ECU is paying JMU $500k in a buyout. All other articles mention a $750k buyout, though. So I'm not sure if Houston is covering the other $250k or if JMU was negotiated down.

Source: https://247sports.com/college/east-carol...25815278_2

National championship bonus of "$500,000"

puhlease !

that bonus should be $5 million plus a statue built within 1 month of the win.

500k? that's nothing for what would be a monumentally epic win for an ECU of the world.

My man gets $125k if he makes it until 12/31/2019? 393 days. What a time to be alive.

(12-03-2018 01:41 PM)Duke Dawg Wrote:  

(12-03-2018 01:22 PM)DukeDogNation Wrote:  

(12-03-2018 01:12 PM)DoubleDogDare Wrote:  I'm sure this is in another thread, but this one would be most appropriate and it isn't so I'm including it.

ECU Contract Details

Quote:If Houston accepts another job without ECU's permission, terminating the contract on his end, here's the liquidated damages (buyout) owed to East Carolina.

During 2019 - $2.5 million
During 2020 - $2 million
During 2021 - $1.5 million
During 2022 - $1 million
During 2023 - $500,000

No idea how common this sliding buy-out clause is at either the FCS or FBS level as I don't believe Houston or EW had one but I'd hope it finds its way into the next JMU HC's contract.

Important to note where that money actually comes from. Here is the breakdown from Hoist the Colors:

Hoist the Colors Wrote:The total pay breakdown is like this:

2019: $1.3 million total ($500K base, $350K broadcast, $225K season tickets, $225K Pirate Club)

2020: $1.38 million total ($500K base, $385K broadcast, $247,500 season tickets, $247,500 Pirate Club)

2021: $1.468 million total ($500K base, $423,500 broadcast, $272,250 season tickets, $272,250 Pirate Club)

2022: $1.564 million total ($500K base, $465,850 broadcast, $299,475 season tickets, $299,475 Pirate Club)

2023: $1.671 million total ($500K base, $512,435 broadcast, $329,422 season tickets, $329,422 Pirate Club)

TONS of bonuses written into the contract, too.

Win over P5 team = $20k

Win Totals Bonuses
8 Wins = $30k
9 Wins = $35k
10 Wins = $40k
11 wins = $45k
12 Wins = $50k

AAC CotY or AFCA's Regional Football CotY Bonus = $25k

CFP Bonus = $250k
Semifinal Win = $250k
NC Win = $500k

NY6 Bowl = $75k
Standard Bowl = $25k
Bowl Win = $50K

End of Seaon CFP Top 25 Ranking = $50k

Retention Bonus
Through Dec. 31, 2019: $125,000
Through Dec. 31, 2020: $125,000
Through Dec. 31, 2023: $400,000

The article also says that ECU is paying JMU $500k in a buyout. All other articles mention a $750k buyout, though. So I'm not sure if Houston is covering the other $250k or if JMU was negotiated down.

Source: https://247sports.com/college/east-carol...25815278_2

National championship bonus of "$500,000"

puhlease !

that bonus should be $5 million plus a statue built within 1 month of the win.

500k? that's nothing for what would be a monumentally epic win for an ECU of the world.

LOL - the *real* bonus will be the $20 million/year contract he signs the next day with a P5.

Those bonus numbers are not that impressive really. The rest of it is about what I would expect. I’d give ECU 2-3 years with him based on this, unless he gets them a big bowl win the first year, in which case he’s gone.

(12-03-2018 01:22 PM)DukeDogNation Wrote:  

(12-03-2018 01:12 PM)DoubleDogDare Wrote:  I'm sure this is in another thread, but this one would be most appropriate and it isn't so I'm including it.

ECU Contract Details

Quote:If Houston accepts another job without ECU's permission, terminating the contract on his end, here's the liquidated damages (buyout) owed to East Carolina.

During 2019 - $2.5 million
During 2020 - $2 million
During 2021 - $1.5 million
During 2022 - $1 million
During 2023 - $500,000

No idea how common this sliding buy-out clause is at either the FCS or FBS level as I don't believe Houston or EW had one but I'd hope it finds its way into the next JMU HC's contract.

Important to note where that money actually comes from. Here is the breakdown from Hoist the Colors:

Hoist the Colors Wrote:The total pay breakdown is like this:

2019: $1.3 million total ($500K base, $350K broadcast, $225K season tickets, $225K Pirate Club)

2020: $1.38 million total ($500K base, $385K broadcast, $247,500 season tickets, $247,500 Pirate Club)

2021: $1.468 million total ($500K base, $423,500 broadcast, $272,250 season tickets, $272,250 Pirate Club)

2022: $1.564 million total ($500K base, $465,850 broadcast, $299,475 season tickets, $299,475 Pirate Club)

2023: $1.671 million total ($500K base, $512,435 broadcast, $329,422 season tickets, $329,422 Pirate Club)

TONS of bonuses written into the contract, too.

Win over P5 team = $20k

Win Totals Bonuses
8 Wins = $30k
9 Wins = $35k
10 Wins = $40k
11 wins = $45k
12 Wins = $50k

AAC CotY or AFCA's Regional Football CotY Bonus = $25k

CFP Bonus = $250k
Semifinal Win = $250k
NC Win = $500k

NY6 Bowl = $75k
Standard Bowl = $25k
Bowl Win = $50K

End of Seaon CFP Top 25 Ranking = $50k

Retention Bonus
Through Dec. 31, 2019: $125,000
Through Dec. 31, 2020: $125,000
Through Dec. 31, 2023: $400,000

The article also says that ECU is paying JMU $500k in a buyout. All other articles mention a $750k buyout, though. So I'm not sure if Houston is covering the other $250k or if JMU was negotiated down.

Source: https://247sports.com/college/east-carol...25815278_2

This is why JMU would not accept an invite to the AAC.

(12-03-2018 04:07 PM)Dukester Wrote:  

(12-03-2018 01:22 PM)DukeDogNation Wrote:  

(12-03-2018 01:12 PM)DoubleDogDare Wrote:  I'm sure this is in another thread, but this one would be most appropriate and it isn't so I'm including it.

ECU Contract Details

Quote:If Houston accepts another job without ECU's permission, terminating the contract on his end, here's the liquidated damages (buyout) owed to East Carolina.

During 2019 - $2.5 million
During 2020 - $2 million
During 2021 - $1.5 million
During 2022 - $1 million
During 2023 - $500,000

No idea how common this sliding buy-out clause is at either the FCS or FBS level as I don't believe Houston or EW had one but I'd hope it finds its way into the next JMU HC's contract.

Important to note where that money actually comes from. Here is the breakdown from Hoist the Colors:

Hoist the Colors Wrote:The total pay breakdown is like this:

2019: $1.3 million total ($500K base, $350K broadcast, $225K season tickets, $225K Pirate Club)

2020: $1.38 million total ($500K base, $385K broadcast, $247,500 season tickets, $247,500 Pirate Club)

2021: $1.468 million total ($500K base, $423,500 broadcast, $272,250 season tickets, $272,250 Pirate Club)

2022: $1.564 million total ($500K base, $465,850 broadcast, $299,475 season tickets, $299,475 Pirate Club)

2023: $1.671 million total ($500K base, $512,435 broadcast, $329,422 season tickets, $329,422 Pirate Club)

TONS of bonuses written into the contract, too.

Win over P5 team = $20k

Win Totals Bonuses
8 Wins = $30k
9 Wins = $35k
10 Wins = $40k
11 wins = $45k
12 Wins = $50k

AAC CotY or AFCA's Regional Football CotY Bonus = $25k

CFP Bonus = $250k
Semifinal Win = $250k
NC Win = $500k

NY6 Bowl = $75k
Standard Bowl = $25k
Bowl Win = $50K

End of Seaon CFP Top 25 Ranking = $50k

Retention Bonus
Through Dec. 31, 2019: $125,000
Through Dec. 31, 2020: $125,000
Through Dec. 31, 2023: $400,000

The article also says that ECU is paying JMU $500k in a buyout. All other articles mention a $750k buyout, though. So I'm not sure if Houston is covering the other $250k or if JMU was negotiated down.

Source: https://247sports.com/college/east-carol...25815278_2

This is why JMU would not accept an invite to the AAC.

And yet our athletic budget is nearly identical to ECU?

USA Today:
ECU $48.38 million
JMU $48.21 million

(12-03-2018 01:30 PM)#YEEHAWDUKES Wrote:  It’s not like JMU just gets to pick a number. I’m sure the buyout was a significant part of the negotiation when the contract extension was signed.

Exactly, seems like a lot of people think that’s something we can just throw in there without it making coaches walk away. I could see one that starts out high and comes down over time maybe being a possibility, but even then I don’t know. A much higher buyout than Houston’s all the way through doesn’t seem realistic at all though.

(12-03-2018 04:35 PM)KickItToScotty Wrote:  

(12-03-2018 01:30 PM)#YEEHAWDUKES Wrote:  It’s not like JMU just gets to pick a number. I’m sure the buyout was a significant part of the negotiation when the contract extension was signed.

Exactly, seems like a lot of people think that’s something we can just throw in there without it making coaches walk away. I could see one that starts out high and comes down over time maybe being a possibility, but even then I don’t know. A much higher buyout than Houston’s all the way through doesn’t seem realistic at all though.

Really high buyouts seem like a good way to scare off good, young HCs. Ultimately it doesn't matter. ECU was going to pay 1mil+ to buy him out. In fact, at some of these schools, a SINGLE donor may pay for the buyout if they want someone bad enough.

(12-03-2018 04:11 PM)JMURocks Wrote:  And yet our athletic budget is nearly identical to ECU?

USA Today:
ECU $48.38 million
JMU $48.21 million

I'm having a hard time coming up with numbers for ECU, but JMU's athletics budget is heavily subsidized by student fees.

The numbers that I can find quickly for ECU come from 2012, but student fees accounted for 33% of their athletics revenue. In FY ending in 2015, student fees accounted for about 78% (~$35M) of our athletics revenue (~$45M).

The Duke Club has stepped up their revenue in the past few years, though.

https://www.northcarolina.edu/sites/defa..._group.pdf

Why would JMU accept a negotiated settlement of its buyout provisions? Shouldn't we demand all $750K?

(12-03-2018 05:02 PM)Madison 91 Forever Wrote:  Why would JMU accept a negotiated settlement of its buyout provisions? Shouldn't we demand all $750K?

I would certainly hope so. Anyone know why JMU will only get $500K?

Maybe we negotiated a future game for a smaller buyout? Not sure what JMU's future FBS schedule currently looks like.

(12-03-2018 05:05 PM)LovethoseDukes Wrote:  

(12-03-2018 05:02 PM)Madison 91 Forever Wrote:  Why would JMU accept a negotiated settlement of its buyout provisions? Shouldn't we demand all $750K?

I would certainly hope so. Anyone know why JMU will only get $500K?

I hate to think this but.....was it $250k less for Houston to coach the rest of playoffs?

ECU knew they wanted Houston and they obv want him to immediately start recruiting. JMU wants him to finish the playoffs (which everyone expected to last at least until 12/15). JB says Houston/ECU can verbally agree (maybe even contract) but Houston cannot leave until playoffs are over and in return, I'll discount the buyout.

Seems possible, maybe even probable?