Iceland12
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Salary, buyout and bonus money is included in the article.
last month at the University of Iowa, head football coach Kirk Ferentz wore a white shirt and gold-striped tie to a special announcement about his future. He had just signed the deal of a lifetime ..► Even if he’s fired after this season for not winning enough games, the 61-year-old Ferentz would be owed more than $25 million, payable in monthly installments until 2026.
► He’s guaranteed an additional $22 million from 2021 through 2025 if he sticks around and wins at least seven games each season through 2020. It wouldn’t matter if he’s dismissed in 2021 after finishing 0-12.
► If that’s not enough, those guarantees wouldn’t even be reduced if Iowa fired him and he took a lucrative new job somewhere else...
Ferentz is one of at least seven football coaches who would be owed at least $20 million in guaranteed money if he were fired on Dec. 1 for losing too many games — a list led by Florida State’s Jimbo Fisher, whose buyout this year would be a little more than $33 million. In 2011, there were 15 coaches with guaranteed buyouts of at least $8 million. This year, at least 33 are guaranteed that much — well more than half of the 53 publicly available coaches contracts in the Power Five conferences...
Since then, the Jayhawks have paid three coaches not to coach.
► In 2009, one year after Kansas' last winning season, coach Mark Mangino received a $3 million settlement from KU after quitting amid allegations that he mistreated players. The settlement helped KU avoid a fight for the $6.6 million Mangino would have been owed if he were fired without legal cause.
► Coach Turner Gill succeeded him and went 5-19 in two seasons before KU fired him in 2011 and bought out the remaining $6 million left on his contract.
► KU then turned to Charlie Weis, the industry legend for making a living off of getting fired. Before KU, Notre Dame terminated Weis after a 6-6 season in 2009 and subsequently paid him more than $16 million to settle his contract, with a final payment remaining at the end of 2015.
At KU, Weis did it again. He compiled a 6-22 record before getting fired in 2014 with more than $5.4 million still owed to him in monthly installments, the last of which is due in December.
To replace Weis, KU hired David Beaty and this time drastically changed the buyout provisions in the school’s favor...
http://www.usatoday.com/story/sport...k-ferentz-iowa-charlie-strong-texas/92417648/
NCAAF Coaches Salaries
http://sports.usatoday.com/ncaa/salaries/
last month at the University of Iowa, head football coach Kirk Ferentz wore a white shirt and gold-striped tie to a special announcement about his future. He had just signed the deal of a lifetime ..► Even if he’s fired after this season for not winning enough games, the 61-year-old Ferentz would be owed more than $25 million, payable in monthly installments until 2026.
► He’s guaranteed an additional $22 million from 2021 through 2025 if he sticks around and wins at least seven games each season through 2020. It wouldn’t matter if he’s dismissed in 2021 after finishing 0-12.
► If that’s not enough, those guarantees wouldn’t even be reduced if Iowa fired him and he took a lucrative new job somewhere else...
Ferentz is one of at least seven football coaches who would be owed at least $20 million in guaranteed money if he were fired on Dec. 1 for losing too many games — a list led by Florida State’s Jimbo Fisher, whose buyout this year would be a little more than $33 million. In 2011, there were 15 coaches with guaranteed buyouts of at least $8 million. This year, at least 33 are guaranteed that much — well more than half of the 53 publicly available coaches contracts in the Power Five conferences...
Since then, the Jayhawks have paid three coaches not to coach.
► In 2009, one year after Kansas' last winning season, coach Mark Mangino received a $3 million settlement from KU after quitting amid allegations that he mistreated players. The settlement helped KU avoid a fight for the $6.6 million Mangino would have been owed if he were fired without legal cause.
► Coach Turner Gill succeeded him and went 5-19 in two seasons before KU fired him in 2011 and bought out the remaining $6 million left on his contract.
► KU then turned to Charlie Weis, the industry legend for making a living off of getting fired. Before KU, Notre Dame terminated Weis after a 6-6 season in 2009 and subsequently paid him more than $16 million to settle his contract, with a final payment remaining at the end of 2015.
At KU, Weis did it again. He compiled a 6-22 record before getting fired in 2014 with more than $5.4 million still owed to him in monthly installments, the last of which is due in December.
To replace Weis, KU hired David Beaty and this time drastically changed the buyout provisions in the school’s favor...
http://www.usatoday.com/story/sport...k-ferentz-iowa-charlie-strong-texas/92417648/
NCAAF Coaches Salaries
http://sports.usatoday.com/ncaa/salaries/