Good News: Wazzu probably can't give Mike Leach a raise

[VEKZY]

WSU athletic department figures to lose more than $10 million again, but plan in place to get solvent | The Seattle Times

"At the end of June, the Washington State University athletic department will likely close out the 2017 fiscal year with a budget deficit of $10.6 million, making this the fourth-consecutive year it has finished more than $10 million in the red."

:hi:

Thought I'd share a little more good news tonight.

 

[chattaboogie]

We got em by the short an curlies

 

[Shaun1985]

Sadly, I'm more worried about Currie and Davenport more than any booster

 

[NeverWe'llSever]

Sadly, I'm more worried about Currie and Davenport more than any booster

Same. Gonna be pissed if this falls, through.

 

[thehill98]

Hope this helps us land him. Didn’t realize their stadium was that small. I would even suggest a sizable donation to there athletic fund if it helped make this happen!

 

[TNV]

Leach makes less than 3 mill. Please don't screw this up Currie.

 

[JCHateSteve]

Just make it worse why don't you? I need to go to bed and I'm already sitting here like this...

 

[Ernest T. Vol]

Sadly, I'm more worried about Currie and Davenport more than any booster

Yes, PAY THE MAN.

 

[Shaun1985]

I wouldn't be shocked if Currie and Davenport were sitting by a fire, with wine, watching YouTube Alabama hype videos smiling because they know they've trolled the UT fanbase again. If Currie screws this up and marches out Steele or some other joke, he's gonna need Jesus and about 50 bodyguards. Please don't screw this up!

 

[508mikey]

How much is Leach buyout -- thats what worries me -- that Davenport wont pay it

 

[Shaun1985]

I read 2 or 2.5. Creeping on the wsu boards 😀

 

[pondr]

That’s actually a good question. I just figured a smaller amount b/c Leach is only making like 2.4 mill. (sheesh...only 2.4 million...).

Closest answer I could find is from a January 2015 article in the Seattle Times that came out just before his contract rolled over...stated that if he left in year 1 of the contract, the buyout would be 2.25 million. It would then decrease yearly after that. I am assuming 2015 would be considered year one...so around 1.5 to 2 million?

 

[ChattaTNVol]

Base compensation
•2017 guaranteed pay: $2,950,000
•Total contract pay: $27,700,000
•Contract length: 10 years
•Start date: 12/1/2011
•Last amended: 12/20/2016
•Expires: 12/31/2021

Incentives
•National title bonus: $400,000
•CFP semifinal win: $300,000
•CFP semifinal appearance: $200,000
•Conference title bonus: $100,000
•Conference regular season division title bonus: $50,000
•Misc athletic-based incentives: $25,000 for each win over Washington in “Apple Cup”;
•Coach of the year award bonus: $50,000 for national coach of year; $25,000 for conference coach of year
•National poll bonus: $100,000 for top 10 poll ranking; $50,000 for top 25 ranking.
•Academic bonuses: $25,000 if top ranked in Pac-12 for graduation rate; $15,000 if top four ranked in Pac-12 for graduation rate
•Car: two loaner cars or $3,600 annual stipend per car
•Tickets: 12-seat family suite plus 60 tickets for each football game.
•Golf/country club: country club membership.

Other Perks
•Miscellaneous perks: automatic extension every year ensuring a five-year contract at all times unless written notice is provided by either party; first class travel.
•Buyout if coach leaves for another coaching job: if rolling five-year contract has stopped, then it’s $2,250,000 in year one; $1,800,000 in year two; $1,350,000 in year three; $900,000 in year four; $450,000 in year five.

Mike Leach contract at Washington State

 

[pondr]

Mike Leach contract at Washington State

Strong work!

 

[PineyBluff Vol]

Twitter I like this!!!!

 

[PineyBluff Vol]

How much is Leach buyout -- thats what worries me -- that Davenport wont pay it

Buyout if coach leaves for another coaching job: if rolling five-year contract has stopped, then it’s $2,250,000 in year one; $1,800,000 in year two; $1,350,000 in year three; $900,000 in year four; $450,000 in year five. Easy Peasy Buy Out...no problem. Bring the Pirate to Knoxville!!!

 

[RollerVol]

if this doesn't get done...we've got a bigger problem than I thought we already did...the **** will hit the fan in a BIG way...this could be the last HC available willing to take the job...seems important to me to get someone in before the early signing period...:twocents:

GO VOLS!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!

 

[Mathwiz]

Leach HC
Martin OC
Steele DC

The $ should be there.


Sent from my iPhone using Tapatalk

 

[Schasz]

Hopefully not even Currie can screw this hire up. If the rumors are true we should know something today...I hope!

 

[CAVPUT]

Don't think leach makes over 3 mil. We should be able to enhance his salary significantly. Frankly, I'd have to think Haslam would relate to and love the thought of hiring the pirate.

 

[Power T-Rev]

Hopefully not even Currie can screw this hire up. If the rumors are true we should know something today...I hope!

Famous last words

 

[CNCVol88]

if this doesn't get done...we've got a bigger problem than I thought we already did...the **** will hit the fan in a BIG way...this could be the last HC available willing to take the job...seems important to me to get someone in before the early signing period...:twocents:

GO VOLS!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!

Miles wants it but Currie is an idiot.