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Thread: Pine Box Part 2

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  1. 11-18-2022, 11:18 AM #1
    RiverCityDawg
    RiverCityDawg is offline
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    Quote Originally Posted by Leroy Jenkins View Post
    I've just never heard a coach turn down a job because the contract wasn't long enough. Mississippi's contract laws are like a boogeyman that fans talk about, but doesn't really have an effect. At least I cant think of an example.
    Fully guaranteed contracts for coaches are a newer market dynamic. There used to be a buyout less than the full value of the contract, but guys like Jimbo and Mel Tucker getting these monster guaranteed deals has changed that.

    If Auburn offers 10 million per for 6 years guaranteed, ole miss would have to offer 15 per year to match the contract value. They just can't compete. Same would be true for us.
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  2. 11-18-2022, 12:02 PM #2
    Johnson85
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    Quote Originally Posted by RiverCityDawg View Post
    Fully guaranteed contracts for coaches are a newer market dynamic. There used to be a buyout less than the full value of the contract, but guys like Jimbo and Mel Tucker getting these monster guaranteed deals has changed that.

    If Auburn offers 10 million per for 6 years guaranteed, ole miss would have to offer 15 per year to match the contract value. They just can't compete. Same would be true for us.
    I think Sumlin got a 100% guarantee? I think he was the first one I remember, assuming I actually remember that correctly.

    And to nit pick, Ole Miss wouldn't have to go to $15M to match the contract value. $15M guaranteed per year for 4 years is a much higher value contract than $10M guaranteed per year over 6 years, even though the total guaranteed money is the same. That two years is a huge difference.

    What the per year number would need to be to make that 4 year contract the same value as a 6 year contract will differ by coach, but I think it's closer to $10M than $15M usually. And I think this is why you see MSU extending a coach out to 4 years pretty much every year unless something is wrong. Extending the contract out to 4 years each year basically turns our 4 year contract into a 5 year contract. And if they don't tank, it makes a six year contract relatively likely. Certainly a far cry from a guarantee, but it probably helps on the margins.
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