(04-04-2018 07:39 PM)b0ndsj0ns Wrote: (04-04-2018 07:35 PM)Mikeyp Wrote: (04-04-2018 06:47 PM)Stickboy46 Wrote: (04-04-2018 04:57 PM)mikeinoki Wrote: (04-04-2018 03:39 PM)Stickboy46 Wrote: Well ... i know that .. I'm just curious HOW MUCH more ...
Local newspaper guy
That's lower than I expected
Sounds like he had demands to get to the middle of the AAC in terms of budget. I'm sure that has something to do with it. But i'm sure that's just his base salary. Pretty sure he will get an extra 500k a year to do the talk show like was in Lebo contract. I heard it was going to be around a total of 1.3 mil. total money.
No his base is 400k. 900k is the total compensation.
Correct. Very incentive-laden. More details from Jeremy Igoe at HTC:
Dooley, whose salary at Florida Gulf Coast was $350,000, will see a substantial raise at ECU. Dooley’s base salary alone over his five-year contract (April 4, 2018-May 31, 2023) is worth $400,000, and he’s set to bring in hundreds of thousands more annually in other compensation.
In Year 1, Dooley’s total salary will reach $900K after $275,000 in Pirate Club/season ticket promotion work, while earning another $225,000 for his broadcasting responsibilities through television, radio and internet platforms with IMG.
Dooley’s base salary ($400K) and Pirate Club money ($275K) will stay the same over the length of his deal, while the IMG portion will increase by $25,000 annually, ultimately culminating in a payment of $325,000 for 2022-23, moving Dooley’s total annual salary in Year 5 to a smooth $1 million.
For comparison sake, former ECU coach Jeff Lebo was set to bring in a total package of $900,000 for the 2017-18 season before his resignation this past November.
Incentives for Dooley on top his salary include the following:
Bonuses for increase in season tickets sold over immediately preceding year (250-499 = $12,500, 500-749 = $25,000, 750-999 = $37,500, 1000-1249 = $50,000)
If ECU sells 4700 season tickets or more at any point, Dooley will receive a one-time payment of $50,000
Dooley will receive a payment of $35,000 if the Pirate Club increases its annual fund dollars by five percent from the previous calendar year.
Separate APR, GPA and graduation-related bonuses ranging from $2,500-$20,000
For each regular season in which the team wins 20 or more games, Dooley receives $10,000
For each regular season in which the team wins 50 percent or more of its AAC games, Dooley receives $20,000
If ECU wins the AAC regular season title, regardless of it’s a co-championship or not, Dooley gets $50,000
A conference tournament championship nets Dooley $15,000
An NCAA tournament appearance gets Dooley $20,000
A national championship appearance earns Dooley a bonus of $50,000 and a national championship victory gets him $100,000
If ECU is ranked in the Top 25 in the final AP Poll, Dooley receives $50,000
If employed through July 1, 2022, Dooley gets a one-time longevity bonus of $250,000
Dooley will also get reimbursement of up to $15,000 in moving expenses as part of his deal with the program.
Dooley must pay ECU $1,000,000 in liquidated damages to terminate the agreement without cause if he accepts other employment in the first three years of his contract. That number drops to $400K in Year 4 and $200K in Year 5.
The contract also reads that ECU will be responsible for the $25,000 buyout owed to Florida Gulf Coast, "if permitted by applicable law and policy."
Link:
https://247sports.com/college/east-carol...-117025175
