mixduptransistor
Hall of Famer
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I Root For: UAB
Location: Atlanta
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RE: Details of Clark's New Contract
(11-16-2017 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 Clarkâs 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
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11-16-2017 03:13 PM |
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