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Details of Clark's New Contract
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58-56 Online
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Post: #11
RE: Details of Clark's New Contract
(11-14-2017 06:23 PM)GoBlazers468 Wrote:  For some reason I think it's hilarious that he would only get $50,000 for a National Championship

Surprised the bammers didn't make that a $50,000 fine.
11-14-2017 06:25 PM
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hooverblazer Offline
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Post: #12
RE: Details of Clark's New Contract
(11-14-2017 06:25 PM)58-56 Wrote:  
(11-14-2017 06:23 PM)GoBlazers468 Wrote:  For some reason I think it's hilarious that he would only get $50,000 for a National Championship

Surprised the bammers didn't make that a $50,000 fine.

03-lmfao
11-14-2017 08:37 PM
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FNblazer Offline
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Post: #13
RE: Details of Clark's New Contract
The RSA perks are a huge benefit as well. As Fumbles pointed out, Coach Clark’s pension benefit will increase 130% if he stays for the next few years.
11-15-2017 11:38 PM
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cb4029 Offline
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Post: #14
RE: Details of Clark's New Contract
Did the contract have to say P5. 03-puke

I hope the assistants get raises too. Coach probably negotiated a deal for them already. They can wait until the end of the season to sign them to new deals. If we get a few more wins, the coaches could get more. There are a lot of positive things going on. This is a good deal.
Yesterday 12:37 AM
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mixduptransistor Offline
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Post: #15
RE: Details of Clark's New Contract
(11-14-2017 06:23 PM)GoBlazers468 Wrote:  For some reason I think it's hilarious that he would only get $50,000 for a National Championship

That's for next year. Starting the year after, it'd be $450,000 ($100k for the playoff appearance, $100k for the championship game appearance, $150k for winning the championship game)
(This post was last modified: Yesterday 10:47 AM by mixduptransistor.)
Yesterday 10:46 AM
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BlazerPhil Offline
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Post: #16
RE: Details of Clark's New Contract
(Yesterday 10:46 AM)mixduptransistor Wrote:  
(11-14-2017 06:23 PM)GoBlazers468 Wrote:  For some reason I think it's hilarious that he would only get $50,000 for a National Championship

That's for next year. Starting the year after, it'd be $450,000 ($100k for the playoff appearance, $100k for the championship game appearance, $150k for winning the championship game)

And this new contract would certainly be re-negotiated.
Yesterday 12:53 PM
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BAMANBLAZERFAN Offline
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Post: #17
RE: Details of Clark's New Contract
(11-15-2017 11:38 PM)FNblazer Wrote:  The RSA perks are a huge benefit as well. As Fumbles pointed out, Coach Clark’s pension benefit will increase 130% if he stays for the next few years.

Are the RSA perks based on entire pay package or just the part paid from UAB funds? (UA only pays about $200,000 of Coach Saban's $7.5 million annual pay) Since RSA retirement benefits are based on level of pay (best 3 of last 5 years after ten years of service to be vested), such arrangements for coaches become very important later.
(This post was last modified: Yesterday 02:04 PM by BAMANBLAZERFAN.)
Yesterday 02:01 PM
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mixduptransistor Offline
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Post: #18
RE: Details of Clark's New Contract
(Yesterday 12:53 PM)BlazerPhil Wrote:  
(Yesterday 10:46 AM)mixduptransistor Wrote:  
(11-14-2017 06:23 PM)GoBlazers468 Wrote:  For some reason I think it's hilarious that he would only get $50,000 for a National Championship

That's for next year. Starting the year after, it'd be $450,000 ($100k for the playoff appearance, $100k for the championship game appearance, $150k for winning the championship game)

And this new contract would certainly be re-negotiated.

Right. He'd be guaranteed the $450k, but if he won a national championship he's also gonna get a fat raise one way or another the season after
Yesterday 03:07 PM
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mixduptransistor Offline
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Post: #19
RE: Details of Clark's New Contract
(Yesterday 02:01 PM)BAMANBLAZERFAN Wrote:  
(11-15-2017 11:38 PM)FNblazer Wrote:  The RSA perks are a huge benefit as well. As Fumbles pointed out, Coach Clark’s pension benefit will increase 130% if he stays for the next few years.

Are the RSA perks based on entire pay package or just the part paid from UAB funds? (UA only pays about $200,000 of Coach Saban's $7.5 million annual pay) Since RSA retirement benefits are based on level of pay (best 3 of last 5 years after ten years of service to be vested), such arrangements for coaches become very important later.

Only the portion that is paid by UAB

There's no way Saban's full salary is TRS eligible. First, Saban would be docked 6% off the top. Then, the University would have to contribute an additional 12.24%, which at $7.5m would be almost a million dollars by itself. That's likely the entire reason that "talent fees" are used with coaches so often. David Bronner would probably have a stroke if they tried that
Yesterday 03:13 PM
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