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+---- Thread: Toledo inks Jason Candle to highest salary in MAC history (/thread-837364.html)
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Toledo inks Jason Candle to highest salary in MAC history - inductchuck16 - 12-15-2017 07:25 PM
SOURCE: Jason Candle has signed a new 6-year deal at Toledo, at an average of nearly $1.2 million. Highest salary and staff pool in MAC history.
https://twitter.com/PeteThamel/status/941757806704840705
https://twitter.com/ToledoFB/status/941759777046126592
RE: Toledo inks Jason Candle to highest salary in MAC history - GFlash68 - 12-15-2017 10:42 PM
Congratulation to TU. Must be nice to support a program that is on top and wants to stay there. The price of playing poker just went up.
RE: Toledo inks Jason Candle to highest salary in MAC history - Love and Honor - 12-15-2017 11:32 PM
Wish that the Minnesota job didn't open up last year and Fleck stayed at WMU, those two would've been two great coaching centerpieces for the MAC.
RE: Toledo inks Jason Candle to highest salary in MAC history - emu steve - 12-16-2017 08:03 AM
(12-15-2017 10:42 PM)GFlash68 Wrote: Congratulation to TU. Must be nice to support a program that is on top and wants to stay there. The price of playing poker just went up.
Yep. Ten cent ante is gone.
The floor on salaries are I guess 100K higher today.
The upside, I hope, is that at 1M+, a coach will say I can live comfortably (understatement of the year) in Toledo on that salary and no reason to go chasing more dollars.
It would be nice to have a MAC coach stay in place for say 10 years.
RE: Toledo inks Jason Candle to highest salary in MAC history - Boca Rocket - 12-16-2017 09:58 AM
(12-16-2017 08:03 AM)emu steve Wrote:(12-15-2017 10:42 PM)GFlash68 Wrote: Congratulation to TU. Must be nice to support a program that is on top and wants to stay there. The price of playing poker just went up.
Yep. Ten cent ante is gone.
The floor on salaries are I guess 100K higher today.
The upside, I hope, is that at 1M+, a coach will say I can live comfortably (understatement of the year) in Toledo on that salary and no reason to go chasing more dollars.
It would be nice to have a MAC coach stay in place for say 10 years.
About 13 years for Solich.
RE: Toledo inks Jason Candle to highest salary in MAC history - epasnoopy - 12-16-2017 11:56 AM
(12-16-2017 08:03 AM)emu steve Wrote:(12-15-2017 10:42 PM)GFlash68 Wrote: Congratulation to TU. Must be nice to support a program that is on top and wants to stay there. The price of playing poker just went up.
It would be nice to have a MAC coach stay in place for say 10 years.
Unfortunately we know all too well in the MAC that won't happen. Solich and Novak were too old to be poached. Candle will stay around until a mid-level P5 team offers him $2.5-3 million to be their coach.
RE: Toledo inks Jason Candle to highest salary in MAC history - Love and Honor - 12-16-2017 12:21 PM
At the end of the day nothing can keep a coach in the MAC, we just saw Florida freakin State lose their coach so a big raise won't make a difference. That being said, something like this or Fleck's prospective extension last year can make it difficult for low P5s to poach them, or if they are poached we get a huge buyout in our pocket. Candle has been at Toledo since 2009 so clearly he has some feelings for the Rockets, though his ambitions almost certainly extend higher.
RE: Toledo inks Jason Candle to highest salary in MAC history - Kittonhead - 12-16-2017 12:36 PM
What I'm noticing is that MAC salaries are getting to the point where the MAC can simply buy coaches from FCS, quality P5 assistants or P5 retreads.
Its never going to be enough prevent coaches from leaving. SMU paid Chad Morris over 3 million and he was gone in a flash to Arkansas.
But at least we don't have to worry about losing coaches to San Diego St or position coaches to HS anymore. At least for the better MAC programs.
Kent State needs to make decision here about what level they want to play at. The Horizon League still has openings.
RE: Toledo inks Jason Candle to highest salary in MAC history - IULurker - 12-16-2017 01:45 PM
Really, this raise was likely not to retain him. Actually, it is quite the opposite. UT probably expects Candle to leave for greener pastures very soon. By giving him that salary bump, there will be a corresponding increase in his buyout. So when he leaves, they will have obtained a return on the salary increase because the buyout UT receives will be more than the extra money they have paid him up to that point.
RE: Toledo inks Jason Candle to highest salary in MAC history - HuskieDave - 12-16-2017 01:56 PM
(12-16-2017 12:21 PM)Love and Honor Wrote: At the end of the day nothing can keep a coach in the MAC, we just saw Florida freakin State lose their coach so a big raise won't make a difference. That being said, something like this or Fleck's prospective extension last year can make it difficult for low P5s to poach them, or if they are poached we get a huge buyout in our pocket. Candle has been at Toledo since 2009 so clearly he has some feelings for the Rockets, though his ambitions almost certainly extend higher.
Candle's buyout is only $450,000. That won't keep any P5 school from hiring him.
RE: Toledo inks Jason Candle to highest salary in MAC history - MidnightBlueGold - 12-16-2017 04:23 PM
(12-16-2017 01:45 PM)IULurker Wrote: Really, this raise was likely not to retain him. Actually, it is quite the opposite. UT probably expects Candle to leave for greener pastures very soon. By giving him that salary bump, there will be a corresponding increase in his buyout. So when he leaves, they will have obtained a return on the salary increase because the buyout UT receives will be more than the extra money they have paid him up to that point.
His buyout went from $300k to $450k. That's chump change to P5 schools.
RE: Toledo inks Jason Candle to highest salary in MAC history - emu steve - 12-16-2017 05:21 PM
(12-16-2017 01:45 PM)IULurker Wrote: Really, this raise was likely not to retain him. Actually, it is quite the opposite. UT probably expects Candle to leave for greener pastures very soon. By giving him that salary bump, there will be a corresponding increase in his buyout. So when he leaves, they will have obtained a return on the salary increase because the buyout UT receives will be more than the extra money they have paid him up to that point.
I would think it has several positives for both UT and the coach.
1). The coach see his salary in the out years increase which would help him with his next contract (regardless of where it is).
2). UT stands to pick up extra buyout $.
RE: Toledo inks Jason Candle to highest salary in MAC history - Love and Honor - 12-16-2017 07:00 PM
(12-16-2017 04:23 PM)MidnightBlueGold Wrote:(12-16-2017 01:45 PM)IULurker Wrote: Really, this raise was likely not to retain him. Actually, it is quite the opposite. UT probably expects Candle to leave for greener pastures very soon. By giving him that salary bump, there will be a corresponding increase in his buyout. So when he leaves, they will have obtained a return on the salary increase because the buyout UT receives will be more than the extra money they have paid him up to that point.
His buyout went from $300k to $450k. That's chump change to P5 schools.
Never mind then, I was operating with the assumption that anyone would have to buy out his entire contract.
RE: Toledo inks Jason Candle to highest salary in MAC history - MidnightBlueGold - 12-16-2017 08:39 PM
(12-16-2017 07:00 PM)Love and Honor Wrote:(12-16-2017 04:23 PM)MidnightBlueGold Wrote:(12-16-2017 01:45 PM)IULurker Wrote: Really, this raise was likely not to retain him. Actually, it is quite the opposite. UT probably expects Candle to leave for greener pastures very soon. By giving him that salary bump, there will be a corresponding increase in his buyout. So when he leaves, they will have obtained a return on the salary increase because the buyout UT receives will be more than the extra money they have paid him up to that point.
His buyout went from $300k to $450k. That's chump change to P5 schools.
Never mind then, I was operating with the assumption that anyone would have to buy out his entire contract.
I wish they woulda made it like $1M if he leaves in 2017, then like $100-200k less as each year passes.
RE: Toledo inks Jason Candle to highest salary in MAC history - JSF - 12-16-2017 09:34 PM
(12-15-2017 10:42 PM)GFlash68 Wrote: The price of playing poker just went up.
I'd like to fold.
RE: Toledo inks Jason Candle to highest salary in MAC history - IULurker - 12-16-2017 11:02 PM
$450,000?!?! Lester's buyout is $1 million less 200k per year. $450k is less than what Martin would owe Miami if he were to leave on his own.
RE: Toledo inks Jason Candle to highest salary in MAC history - Miami (Oh) Yeah ! - 12-17-2017 09:54 AM
Buy-outs should be AT LEAST one year's salary ($1.2MM in this instance) to pay for the next coaches transition year salary. No coach should ever argue that. Want a lower buy-out? than except a lower salary. your choice.
RE: Toledo inks Jason Candle to highest salary in MAC history - Lord Stanley - 12-18-2017 01:34 PM
(12-16-2017 04:23 PM)MidnightBlueGold Wrote: His buyout went from $300k to $450k. That's chump change to P5 schools.
More like chump change to the individual football booster who will write the check on behalf of the P5 school.
RE: Toledo inks Jason Candle to highest salary in MAC history - UofToledoFans - 12-18-2017 01:55 PM
Isnt the buyout the entire left over contract plus the buyout money. Essentially, 450k is the key to the contract then the buyer pays up thru the year.... Right?
RE: Toledo inks Jason Candle to highest salary in MAC history - MidnightBlueGold - 12-18-2017 06:09 PM
(12-18-2017 01:55 PM)UofToledoFans Wrote: Isnt the buyout the entire left over contract plus the buyout money. Essentially, 450k is the key to the contract then the buyer pays up thru the year.... Right?
Depends on the contract. In JC's contract, he (or the new school) would 'only' have to pay $450k.