Time for a raise/extension for Pearl, assistants..

#1

kkep48

PirateVol
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#1
I think Bruce Pearl and his staff have proven they are deserving of raises. Coach Pearl currently makes a little over $1 million/year. In 2 years, been to the NCAA Tournament twice and now a Sweet 16 run with 4 freshmen playing significant roles. I think it's time for Mike Hamilton to pony up and make sure this guy is locked down before a program comes in offering about $2 million a year (eh hem, Michigan). If Phil Fulmer is deserving of an extension (which basically is a raise long-term) after the product he put on the field in the Outback Bowl and 9 wins, then Bruce Pearl most definitely deserves a raise/extension after this season.
 
#2
#2
I think Bruce Pearl and his staff have proven they are deserving of raises. Coach Pearl currently makes a little over $1 million/year. In 2 years, been to the NCAA Tournament twice and now a Sweet 16 run with 4 freshmen playing significant roles. I think it's time for Mike Hamilton to pony up and make sure this guy is locked down before a program comes in offering about $2 million a year (eh hem, Michigan). If Phil Fulmer is deserving of an extension (which basically is a raise long-term) after the product he put on the field in the Outback Bowl and 9 wins, then Bruce Pearl most definitely deserves a raise/extension after this season.

Why pay him more if he will stay here for what he's getting now?

He should get a raise to make anywhere from 1.75-2 million after this year though
 
#3
#3
If Hamilton drops the ball on this one then he might as well resign b/c the Vol mob will be at his doorstep. I think Hamilton will get what needs to be done though. He is becoming a very good AD despite my early thoughts on him.
 
#4
#4
What's the over/under on how many posts this takes to become a Pearl vs. Fulmer thread?
 
#12
#12
Let me preface this by saying I LOVE Bruce Pearl, I think he's done amazing things already at UT, and I can't think of a single coach (college or pro) that I'd rather have than him, but ....

Aren't we jumping the gun a little here? The guy's been here two years. Granted, we've been to back-to-back NCAA tournaments ... but I don't think you break the bank just yet (and I bet Bruce would say the same). I think Mike Hamilton will pay Bruce what the market dictates -- whatever amount that happens to be. But I don't think we need to pull a Nick Saban or anything. And if we do have to pay some exhorbitant amount, we will ... and that's that. It cracks me up when fans call for huge raises for coaches and then complain when they can't afford to buy a ticket to the game.

On a side note, I think coach salaries are ridiculous as it is. There are CEOs of billion dollar companies that don't make as much as some of these coaches out there -- and I know our football/basketball programs aren't bringing in THAT kind of money.
 
#13
#13
There will be no raise this year according to Hamilton. The contract Pearl signed last year has yearly step increases plus bonuses for making the NCAA and the Sweet 16



AmoebaVol you should look at the salaries and perks the billion dollar company presidents are making. 10 to 25 million range
 
#14
#14
There will be no raise this year according to Hamilton. The contract Pearl signed last year has yearly step increases plus bonuses for making the NCAA and the Sweet 16



AmoebaVol you should look at the salaries and perks the billion dollar company presidents are making. 10 to 25 million range

What about a contract extension?

Would there also be the possibility of a raise if someone like Michigan came a calling?
 
#15
#15
What about a contract extension?

Would there also be the possibility of a raise if someone like Michigan came a calling?

Football coaches do it all the time see Spurrier and Rodrigieuz (sp?). They'll see how much interest is out there and then say "I need a raise"
 
#16
#16
There will be no raise this year according to Hamilton. The contract Pearl signed last year has yearly step increases plus bonuses for making the NCAA and the Sweet 16



AmoebaVol you should look at the salaries and perks the billion dollar company presidents are making. 10 to 25 million range

I work for an $8 billion company, and our CEO (including perks and bonuses) doesn't make as much as Fulmer.
 
#17
#17
I work for an $8 billion company, and our CEO (including perks and bonuses) doesn't make as much as Fulmer.

I don't know what company you work for, but in comparison with Coca-Cola, which is, I think, number 89 on the Fortune 500, had an annual profit in 2006 of somewhere around $5.5 billion gave its CEO about $32.3 million in total compensation.

If you ask me, no head of any company, public or private, is worth that much money. I wouldn't mind it though... :salute:
 
#18
#18
I don't know what company you work for, but in comparison with Coca-Cola, which is, I think, number 89 on the Fortune 500, had an annual profit in 2006 of somewhere around $5.5 billion gave its CEO about $32.3 million in total compensation.

If you ask me, no head of any company, public or private, is worth that much money. I wouldn't mind it though... :salute:


And I agree, by and large CEOs of billion $ companies ARE making multiple millions ... but there are some who don't. And if you look at it as a percent of revenue, you definitely can't justify what coaches are paid.

I'm with you, though ... I'd take just one of those millions! :good!:
 
#19
#19
New deal unlikely for Pearl

By CHRIS LOW
Staff Writer


KNOXVILLE — Tennessee's run to the Sweet Sixteen will mean more money for Coach Bruce Pearl and his staff in the form of bonuses, but UT Athletics Director Mike Hamilton doesn't foresee Pearl getting a new contract.

Pearl's current deal runs through 2012. It was restructured last March and pays him an average of $1.3 million over the life of the contract. He made $1.1 million this season.

Hamilton said the contract was set up to include escalators every year, which would raise Pearl's total compensation to $1.5 million by the final year of the contract.

"We put in the built-in raises so that we wouldn't have to negotiate that every year," Hamilton said. "What I would envision after this year is giving him another extension on his contract."

Pearl's original package paid him $800,000 annually.

The incentives clause in his contract calls for he and his coaches to earn a 24 percent bonus on their base salaries for making the Sweet Sixteen. For Pearl, whose base salary is $300,000, that computes to $72,000.

It would go up to 28 percent ($84,000) for making the Final Four and 32 percent ($96,000) for winning the national championship.
 
#22
#22
New deal unlikely for Pearl

By CHRIS LOW
Staff Writer


KNOXVILLE — Tennessee's run to the Sweet Sixteen will mean more money for Coach Bruce Pearl and his staff in the form of bonuses, but UT Athletics Director Mike Hamilton doesn't foresee Pearl getting a new contract.

Pearl's current deal runs through 2012. It was restructured last March and pays him an average of $1.3 million over the life of the contract. He made $1.1 million this season.

Hamilton said the contract was set up to include escalators every year, which would raise Pearl's total compensation to $1.5 million by the final year of the contract.

"We put in the built-in raises so that we wouldn't have to negotiate that every year," Hamilton said. "What I would envision after this year is giving him another extension on his contract."

Pearl's original package paid him $800,000 annually.

The incentives clause in his contract calls for he and his coaches to earn a 24 percent bonus on their base salaries for making the Sweet Sixteen. For Pearl, whose base salary is $300,000, that computes to $72,000.

It would go up to 28 percent ($84,000) for making the Final Four and 32 percent ($96,000) for winning the national championship.


that is horse sh**.

I cant believe Hamilton (after giving Fulmer an extension). I guess UT will always be a Football school.

Perhaps Hamilton does not think that Pearl will leave if someone ponies up the money. Pearl should be bumped to at least 1.5 million.
 
#24
#24
an extension is not a "raise" in the truest since of the word.

Pearl's contract should be renegotiated!!!!!!!
 
#25
#25
that is horse sh**.

I cant believe Hamilton (after giving Fulmer an extension). I guess UT will always be a Football school.

Perhaps Hamilton does not think that Pearl will leave if someone ponies up the money. Pearl should be bumped to at least 1.5 million.

Why does Hamilton not make the same arguements with regards to Fulmer and a raise? :boredom:
 
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