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12-01-2008, 04:02 PM
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#16 (permalink)
| | Senior Member
Join Date: Jan 2005 
Posts: 521
| Quote:
Originally Posted by utfantilidie  | I wonder what his father will receive for a salary | 
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12-01-2008, 04:03 PM
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#17 (permalink)
| | What the deuce??
Join Date: Jul 2007 Location: Oak Ridge, TN
Posts: 848
| sounds good to me. This hire gets better and better to me. I like the idea of not necessarily paying one coach a boatload of money, and instead assembling a super staff that can all work together to get the job done. | |
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12-01-2008, 04:07 PM
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#18 (permalink)
| | Senior Member
Join Date: Dec 2008
Posts: 456
| Mullen is the reason why I read articles from KNS and here!!! He just sucks, period. He sucks so bad that even other beat writers in their sports department has to help write his articles. I don't even read his material any more. | |
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12-01-2008, 04:10 PM
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#19 (permalink)
| | Point me to the Gulch!
Join Date: Sep 2007 Location: Woodstock, GA
Posts: 385
| What type of buyout? | |
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12-01-2008, 08:39 PM
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#20 (permalink)
| | Big Orange Ambassador-KS
Join Date: Sep 2006 Location: Kansas
Posts: 753
| Quote:
Originally Posted by MystifyingVol What type of buyout? | From "Go Vols Extra"
Termination by Kiffin UT
2009 $1 million $7.5 million
2010 $800,000 $7.5 million
2011 $600,000 $6.25 million
2012 $400,000 $6.25 million
2013 $200,000 $5 million
2014 N/A $5 million
If this is correct, it will cost a bunch to let him go even in the last year of the contract. | |
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12-01-2008, 08:50 PM
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#21 (permalink)
| | C.J. Black owes me $50...
Join Date: Aug 2007 Location: Hugging Harold Reynolds...
Posts: 9,192
| Quote:
Originally Posted by KSVOL From "Go Vols Extra"
Termination by Kiffin UT
2009 $1 million $7.5 million
2010 $800,000 $7.5 million
2011 $600,000 $6.25 million
2012 $400,000 $6.25 million
2013 $200,000 $5 million
2014 N/A $5 million
If this is correct, it will cost a bunch to let him go even in the last year of the contract. | Jimmy Sexton is one hell of an agent... or he has naked pictures of Mike Hamilton.
__________________
“He has all the virtues I dislike and none of the vices I admire.”
Winston Churchill | |
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12-01-2008, 09:14 PM
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#22 (permalink)
| | Senior Member
Join Date: Aug 2006
Posts: 949
| Quote:
Originally Posted by Volsaholic I wonder what his father will receive for a salary |
It was reported elsewhere that the elder Kiffin will receive $1 million. | 
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12-01-2008, 10:57 PM
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#23 (permalink)
| | Member
Join Date: Nov 2008 Location: Selmer, TN
Posts: 78
| I read somewhere that some of the bonuses he would receive for certain milestones, Kiffin wanted that money to go into a pool for his assistant coaches. I will try to find the article and post it. I thought this was interesting coming from a HC and shows he is trying to build a powerhouse with his assistant coaches IMO. | |
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12-03-2008, 10:19 AM
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#24 (permalink)
| | VN GURU
Join Date: Feb 2005
Posts: 13,920
| What Lane signed for
I don't think I've seen anyone post the actual money that is in the Kiffin contract...
Thanks to TFP...
Kiffin on Saturday signed a “memorandum of understanding” with UT for an incentive-laden, five-year contract with an average base salary of $2.375 million per season.
That base is far from his financial ceiling, though.
He will earn an additional $40,000 for a non-BCS bowl game appearance;
$40,000 for splitting an SEC Eastern Division championship;
$50,000 for being SEC coach of the year; $50,000 for being national coach of the year;
$80,000 for playing in the SEC championship game;
$120,000 for winning the SEC championship;
$120,000 for a BCS bowl appearance;
$160,000 for a BCS championship game appearance;
$160,000 for a No. 1 ranking in the final Associated Press or USA Today poll;
$280,000 for winning the BCS championship game.
The memorandum stated that Kiffin would also be eligible for a $40,000 annual bonus for his team finishing with an NCAA Academic Progress Report score higher than 925.
Kiffin would owe UT $1 million if he left next season, and that figure decreases by $200,000 every year, according to the memorandum.
UT would owe him $7.5 million if it terminated his contract during the next two seasons. That figure decreases to $6.25 million in 2011 and $5 million in 2013. | |
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12-03-2008, 10:48 AM
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#25 (permalink)
| | Senior Member
Join Date: Jul 2007 Location: Muscle Shoals
Posts: 402
| Who is his agent?
__________________
Bama Sucks! | |
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12-03-2008, 10:48 AM
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#26 (permalink)
| | Point me to the Gulch!
Join Date: Sep 2007 Location: Woodstock, GA
Posts: 385
| I believe Sexton. | |
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12-03-2008, 10:51 AM
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#27 (permalink)
| | Senior Member
Join Date: Oct 2005 Location: Tennessee
Posts: 19,545
| Quote: |
$50,000 for being SEC coach of the year; $50,000 for being national coach of the year;
| Nice little payday for the assistants should he win both in the same year.
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12-03-2008, 11:06 AM
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#28 (permalink)
| | Mr. Optimistic
Join Date: Sep 2006 Location: Memphis, TN
Posts: 5,334
| Sexton said his pay would avg 2.375. His first year is 2 and he gets an automatic 150K raise each year of the contract.
It's also interesting to note the payouts are cumulative. If he won the BCS national championship it tallys up to around an extra $800K for the year. | |
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12-03-2008, 11:08 AM
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#29 (permalink)
| | Senior Member
Join Date: Dec 2006 Location: Atlanta, GA
Posts: 5,284
| Quote:
Originally Posted by UT IE 95 Sexton said his pay would avg 2.375. His first year is 2 and he gets an automatic 150K raise each year of the contract.
It's also interesting to note the payouts are cumulative. If he won the BCS national championship it tallys up to around an extra $800K for the year. | That's chump change compared to the amount of money a BCS title would bring. | |
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