According to Joey Knight of the Tampa Bay Times, Strong will be paid about 10M over 5 years (9.8M to be exact), but here's the interesting part. USF backloaded the deal to take advantage of the payments owed to Strong by Texas. USF is only paying him 1M the first 2 years (Texas owes him 5M a year for 2 years), and then when the Texas payments stop, USF is paying him almost 8M over the final 3 years of contract, at an average of 2.6M per year.

Strong also has a big buyout of 2.5M if he leaves soon, going down to 1.7 in time (Willie Taggart's buyout was 1.7M.

Strong is going to be making serious cash from USF if he stays for years 3-5.

Joey Knight ‏@TBTimes_Bulls · 29m29 minutes ago

BREAKING: Charlie Strong's #USF salary -- 5 years, $9.8 million. First 2 years is $1 million annually (500K base + other compensation)

Joey Knight ‏@TBTimes_Bulls · 27m27 minutes ago

Per Strong contract, assistant salary pool starts at $1.66 million, grows to $3.4 million by Years 4 and 5 #USF

Joey Knight ‏@TBTimes_Bulls · 25m25 minutes ago

If Strong leaves #USF, buyout starts at $2.5 million through Dec. 31, 2017. Ultimately dwindles to $1.7 million

Joey Knight ‏@TBTimes_Bulls · 8m8 minutes ago

In Year 3 of deal, after Texas' buyout obligations expire, Strong's salary jumps to $2.5 million.

Quote:Per Strong contract, assistant salary pool starts at $1.66 million

That doesn't seem very competitive.

Looking at 2016's numbers:
Houston- $2.4MM
Memphis- $2.1MM
Cincinnati- $2.1MM
UCF- $2.1MM
USF- $1.9MM
UConn- $1.9MM
ECU- $1.7MM

(12-13-2016 12:04 PM)Insane_Baboon Wrote:  

Quote:Per Strong contract, assistant salary pool starts at $1.66 million

That doesn't seem very competitive.

Looking at 2016's numbers:
Houston- $2.4MM
Memphis- $2.1MM
Cincinnati- $2.1MM
UCF- $2.1MM
USF- $1.9MM
UConn- $1.9MM
ECU- $1.7MM

Don't let that fool you. It's very competitive. They are backloaded like Strong's contract. Strong is bringing Texas assistants also, who have buyouts like Strong did. Goes up to 3.4M.

By the way, Taggart's assistant pool was 2.4 Million (would have went up to 2.6M next year), not 1.9M. Do you really think they are going to have less overall money (from all sources) than the 2.6 that Taggart had? No. If your numbers are correct, USF had the largest assistant salary pool in the AAC.

http://www.tbo.com/sports/colleges/usf-b...-20151221/

There is a $2.4 million salary pool available to USF’s assistant coaches (the pool was $1.9 million in Taggart’s original contract). An additional $100,000 will be available next July 1. The assistant’s salary pool graduates to $2.6 million on Jan. 1, 2017, and increases by $100,000 at the start of each year.

so if he doesn't live up to the hype USF is going to be in the red

(12-13-2016 11:49 AM)BullsFanInTX Wrote:  According to Joey Knight of the Tampa Bay Times, Strong will be paid about 10M over 5 years (9.8M to be exact), but here's the interesting part. USF backloaded the deal to take advantage of the payments owed to Strong by Texas. USF is only paying him 1M the first 2 years (Texas owes him 5M a year for 2 years), and then when the Texas payments stop, USF is paying him almost 8M over the final 3 years of contract, at an average of 2.6M per year.

Strong also has a big buyout of 2.5M if he leaves soon, going down to 1.7 in time (Willie Taggart's buyout was 1.7M.

Strong is going to be making serious cash from USF if he stays for years 3-5.

Joey Knight ‏@TBTimes_Bulls · 29m29 minutes ago

BREAKING: Charlie Strong's #USF salary -- 5 years, $9.8 million. First 2 years is $1 million annually (500K base + other compensation)

Joey Knight ‏@TBTimes_Bulls · 27m27 minutes ago

Per Strong contract, assistant salary pool starts at $1.66 million, grows to $3.4 million by Years 4 and 5 #USF

Joey Knight ‏@TBTimes_Bulls · 25m25 minutes ago

If Strong leaves #USF, buyout starts at $2.5 million through Dec. 31, 2017. Ultimately dwindles to $1.7 million

Joey Knight ‏@TBTimes_Bulls · 8m8 minutes ago

In Year 3 of deal, after Texas' buyout obligations expire, Strong's salary jumps to $2.5 million.

I would have paid him a dollar year 1 and a dollar year 2 and let Texas pay what they owe him.

(12-13-2016 11:49 AM)BullsFanInTX Wrote:  According to Joey Knight of the Tampa Bay Times, Strong will be paid about 10M over 5 years (9.8M to be exact), but here's the interesting part. USF backloaded the deal to take advantage of the payments owed to Strong by Texas. USF is only paying him 1M the first 2 years (Texas owes him 5M a year for 2 years), and then when the Texas payments stop, USF is paying him almost 8M over the final 3 years of contract, at an average of 2.6M per year.

Strong also has a big buyout of 2.5M if he leaves soon, going down to 1.7 in time (Willie Taggart's buyout was 1.7M.

Strong is going to be making serious cash from USF if he stays for years 3-5.

Joey Knight ‏@TBTimes_Bulls · 29m29 minutes ago

BREAKING: Charlie Strong's #USF salary -- 5 years, $9.8 million. First 2 years is $1 million annually (500K base + other compensation)

Joey Knight ‏@TBTimes_Bulls · 27m27 minutes ago

Per Strong contract, assistant salary pool starts at $1.66 million, grows to $3.4 million by Years 4 and 5 #USF

Joey Knight ‏@TBTimes_Bulls · 25m25 minutes ago

If Strong leaves #USF, buyout starts at $2.5 million through Dec. 31, 2017. Ultimately dwindles to $1.7 million

Joey Knight ‏@TBTimes_Bulls · 8m8 minutes ago

In Year 3 of deal, after Texas' buyout obligations expire, Strong's salary jumps to $2.5 million.

He will be gone in two years.

This is an amazing deal. Texas is covering the brunt of the costs (up front)....

Strong is technically the HIGHEST paid coach in the AAC.

The contract is backloaded -- couldn't have asked for a better deal myself

(12-13-2016 12:26 PM)Wilkie01 Wrote:  

(12-13-2016 11:49 AM)BullsFanInTX Wrote:  According to Joey Knight of the Tampa Bay Times, Strong will be paid about 10M over 5 years (9.8M to be exact), but here's the interesting part. USF backloaded the deal to take advantage of the payments owed to Strong by Texas. USF is only paying him 1M the first 2 years (Texas owes him 5M a year for 2 years), and then when the Texas payments stop, USF is paying him almost 8M over the final 3 years of contract, at an average of 2.6M per year.

Strong also has a big buyout of 2.5M if he leaves soon, going down to 1.7 in time (Willie Taggart's buyout was 1.7M.

Strong is going to be making serious cash from USF if he stays for years 3-5.

Joey Knight ‏@TBTimes_Bulls · 29m29 minutes ago

BREAKING: Charlie Strong's #USF salary -- 5 years, $9.8 million. First 2 years is $1 million annually (500K base + other compensation)

Joey Knight ‏@TBTimes_Bulls · 27m27 minutes ago

Per Strong contract, assistant salary pool starts at $1.66 million, grows to $3.4 million by Years 4 and 5 #USF

Joey Knight ‏@TBTimes_Bulls · 25m25 minutes ago

If Strong leaves #USF, buyout starts at $2.5 million through Dec. 31, 2017. Ultimately dwindles to $1.7 million

Joey Knight ‏@TBTimes_Bulls · 8m8 minutes ago

In Year 3 of deal, after Texas' buyout obligations expire, Strong's salary jumps to $2.5 million.

He will be gone in two years.

Don't be so sure. His wife is from the Tampa Bay area, and word has it, that was a deciding factor for him. Other reports stated he was looking for somewhere to be long term, in other words, a final job.

(12-13-2016 12:31 PM)Bear Wrote:  This is an amazing deal. Texas is covering the brunt of the costs (up front)....

Strong is technically the HIGHEST paid coach in the AAC.

The contract is backloaded -- couldn't have asked for a better deal myself

USF put the screws to Texas. I hope this doesn't affect any future negotiations with Texas/Big 12, should they decide to expand. "We're not going to add USF because they lowballed Strong's contract for the first 2 years and screwed Texas out of millions".

(12-13-2016 12:12 PM)BullsFanInTX Wrote:  

(12-13-2016 12:04 PM)Insane_Baboon Wrote:  

Quote:Per Strong contract, assistant salary pool starts at $1.66 million

That doesn't seem very competitive.

Looking at 2016's numbers:
Houston- $2.4MM
Memphis- $2.1MM
Cincinnati- $2.1MM
UCF- $2.1MM
USF- $1.9MM
UConn- $1.9MM
ECU- $1.7MM

Don't let that fool you. It's very competitive. They are backloaded like Strong's contract. Strong is bringing Texas assistants also, who have buyouts like Strong did. Goes up to 3.4M.

By the way, Taggart's assistant pool was 2.4 Million (would have went up to 2.6M next year), not 1.9M. Do you really think they are going to have less overall money (from all sources) than the 2.6 that Taggart had? No. If your numbers are correct, USF had the largest assistant salary pool in the AAC.

http://www.tbo.com/sports/colleges/usf-b...-20151221/

There is a $2.4 million salary pool available to USF’s assistant coaches (the pool was $1.9 million in Taggart’s original contract). An additional $100,000 will be available next July 1. The assistant’s salary pool graduates to $2.6 million on Jan. 1, 2017, and increases by $100,000 at the start of each year.

I was just going off the numbers here http://sports.usatoday.com/ncaa/salaries.../assistant

The far right column is the total assistant pay.

(12-13-2016 12:35 PM)Insane_Baboon Wrote:  

(12-13-2016 12:12 PM)BullsFanInTX Wrote:  

(12-13-2016 12:04 PM)Insane_Baboon Wrote:  

Quote:Per Strong contract, assistant salary pool starts at $1.66 million

That doesn't seem very competitive.

Looking at 2016's numbers:
Houston- $2.4MM
Memphis- $2.1MM
Cincinnati- $2.1MM
UCF- $2.1MM
USF- $1.9MM
UConn- $1.9MM
ECU- $1.7MM

Don't let that fool you. It's very competitive. They are backloaded like Strong's contract. Strong is bringing Texas assistants also, who have buyouts like Strong did. Goes up to 3.4M.

By the way, Taggart's assistant pool was 2.4 Million (would have went up to 2.6M next year), not 1.9M. Do you really think they are going to have less overall money (from all sources) than the 2.6 that Taggart had? No. If your numbers are correct, USF had the largest assistant salary pool in the AAC.

http://www.tbo.com/sports/colleges/usf-b...-20151221/

There is a $2.4 million salary pool available to USF’s assistant coaches (the pool was $1.9 million in Taggart’s original contract). An additional $100,000 will be available next July 1. The assistant’s salary pool graduates to $2.6 million on Jan. 1, 2017, and increases by $100,000 at the start of each year.

I was just going off the numbers here http://sports.usatoday.com/ncaa/salaries.../assistant

The far right column is the total assistant pay.

OK. Taggart's pool was upped to 2.4 Mil before last year under terms of his renegotiated contract.

(12-13-2016 12:39 PM)BullsFanInTX Wrote:  

(12-13-2016 12:35 PM)Insane_Baboon Wrote:  

(12-13-2016 12:12 PM)BullsFanInTX Wrote:  

(12-13-2016 12:04 PM)Insane_Baboon Wrote:  

Quote:Per Strong contract, assistant salary pool starts at $1.66 million

That doesn't seem very competitive.

Looking at 2016's numbers:
Houston- $2.4MM
Memphis- $2.1MM
Cincinnati- $2.1MM
UCF- $2.1MM
USF- $1.9MM
UConn- $1.9MM
ECU- $1.7MM

Don't let that fool you. It's very competitive. They are backloaded like Strong's contract. Strong is bringing Texas assistants also, who have buyouts like Strong did. Goes up to 3.4M.

By the way, Taggart's assistant pool was 2.4 Million (would have went up to 2.6M next year), not 1.9M. Do you really think they are going to have less overall money (from all sources) than the 2.6 that Taggart had? No. If your numbers are correct, USF had the largest assistant salary pool in the AAC.

http://www.tbo.com/sports/colleges/usf-b...-20151221/

There is a $2.4 million salary pool available to USF’s assistant coaches (the pool was $1.9 million in Taggart’s original contract). An additional $100,000 will be available next July 1. The assistant’s salary pool graduates to $2.6 million on Jan. 1, 2017, and increases by $100,000 at the start of each year.

I was just going off the numbers here http://sports.usatoday.com/ncaa/salaries.../assistant

The far right column is the total assistant pay.

OK. Taggart's pool was upped to 2.4 Mil before last year under terms of his renegotiated contract.

Well then the whole list is suspect, so just ignore what I said

I like it. Texas didnt give Houston any breaks regarding their 2.5 million buy out for Herman and they certainty didnt help us in the Big12 expansion fiasco. So they can afford to pay Strong 8 million over two years

Brett McMurphy ‏@McMurphyESPN · 1h1 hour ago

Charlie Strong’s 5-year deal at USF worth $9.8 million; $1 million each of 1st 2 years; $2.5M in 2019, $2.6M in 2020, $2.7M in 2021

Brett McMurphy ‏@McMurphyESPN · 1h1 hour ago

USF very smart in back-loading Charle Strong’s contract: Only $2M total 1st 2 years; $7.8 total last 3 years

Smart to take advantage of UT, and pay him a menial base salary the first 2 years. Should have made it $1, but $500k is good enough.

$2.5 million is not a big buyout.

(12-13-2016 12:21 PM)SuperFlyBCat Wrote:  

(12-13-2016 11:49 AM)BullsFanInTX Wrote:  According to Joey Knight of the Tampa Bay Times, Strong will be paid about 10M over 5 years (9.8M to be exact), but here's the interesting part. USF backloaded the deal to take advantage of the payments owed to Strong by Texas. USF is only paying him 1M the first 2 years (Texas owes him 5M a year for 2 years), and then when the Texas payments stop, USF is paying him almost 8M over the final 3 years of contract, at an average of 2.6M per year.

Strong also has a big buyout of 2.5M if he leaves soon, going down to 1.7 in time (Willie Taggart's buyout was 1.7M.

Strong is going to be making serious cash from USF if he stays for years 3-5.

Joey Knight ‏@TBTimes_Bulls · 29m29 minutes ago

BREAKING: Charlie Strong's #USF salary -- 5 years, $9.8 million. First 2 years is $1 million annually (500K base + other compensation)

Joey Knight ‏@TBTimes_Bulls · 27m27 minutes ago

Per Strong contract, assistant salary pool starts at $1.66 million, grows to $3.4 million by Years 4 and 5 #USF

Joey Knight ‏@TBTimes_Bulls · 25m25 minutes ago

If Strong leaves #USF, buyout starts at $2.5 million through Dec. 31, 2017. Ultimately dwindles to $1.7 million

Joey Knight ‏@TBTimes_Bulls · 8m8 minutes ago

In Year 3 of deal, after Texas' buyout obligations expire, Strong's salary jumps to $2.5 million.

I would have paid him a dollar year 1 and a dollar year 2 and let Texas pay what they owe him.

im sure that would have led to a lawsuit

(12-13-2016 12:26 PM)Wilkie01 Wrote:  

(12-13-2016 11:49 AM)BullsFanInTX Wrote:  According to Joey Knight of the Tampa Bay Times, Strong will be paid about 10M over 5 years (9.8M to be exact), but here's the interesting part. USF backloaded the deal to take advantage of the payments owed to Strong by Texas. USF is only paying him 1M the first 2 years (Texas owes him 5M a year for 2 years), and then when the Texas payments stop, USF is paying him almost 8M over the final 3 years of contract, at an average of 2.6M per year.

Strong also has a big buyout of 2.5M if he leaves soon, going down to 1.7 in time (Willie Taggart's buyout was 1.7M.

Strong is going to be making serious cash from USF if he stays for years 3-5.

Joey Knight ‏@TBTimes_Bulls · 29m29 minutes ago

BREAKING: Charlie Strong's #USF salary -- 5 years, $9.8 million. First 2 years is $1 million annually (500K base + other compensation)

Joey Knight ‏@TBTimes_Bulls · 27m27 minutes ago

Per Strong contract, assistant salary pool starts at $1.66 million, grows to $3.4 million by Years 4 and 5 #USF

Joey Knight ‏@TBTimes_Bulls · 25m25 minutes ago

If Strong leaves #USF, buyout starts at $2.5 million through Dec. 31, 2017. Ultimately dwindles to $1.7 million

Joey Knight ‏@TBTimes_Bulls · 8m8 minutes ago

In Year 3 of deal, after Texas' buyout obligations expire, Strong's salary jumps to $2.5 million.

He will be gone in two years.

I love these 'crystal ball' posts...

If he's gone in year two, it will be because we won big. I'll take that. If he is still building, he stays.

(12-13-2016 12:49 PM)Cubanbull Wrote:  I like it. Texas didnt give Houston any breaks regarding their 2.5 million buy out for Herman and they certainty didnt help us in the Big12 expansion fiasco. So they can afford to pay Strong 8 million over two years

Heck yeah... Let UT pay part of our coaches salary for a few years. Lord knows we've been paying part of LaTech's coach's salary.

(12-13-2016 12:33 PM)BullsFanInTX Wrote:  

(12-13-2016 12:31 PM)Bear Wrote:  This is an amazing deal. Texas is covering the brunt of the costs (up front)....

Strong is technically the HIGHEST paid coach in the AAC.

The contract is backloaded -- couldn't have asked for a better deal myself

USF put the screws to Texas. I hope this doesn't affect any future negotiations with Texas/Big 12, should they decide to expand. "We're not going to add USF because they lowballed Strong's contract for the first 2 years and screwed Texas out of millions".

When Texas would only be happy with us in the big12, when they are on the way out

Clever deal.