The cost to attendance, long term TV contract, etc
Randy came here, collected a cool million a year, got his son a paid internship, and was smug as ever. There are coaches all over the place that would come here for a million. Look at FCS or anywhere. Just not another retread Like P or Edsall or a "defense wins football games" guy. Go out and get a guy who understands that all rule changes the last 20 years in FB are to benefit offense because offense and TDs are sexy.
I agree but we know how shortsighted this university can be
Then let's be hyper short-sighted...they won't have to pay Edsall the rest of the season.
Is that true? I was wondering but I doubt it. I would imagine he has a contract for the year.
I was assuming so...if not its not a $0 buyout like we have all been told.
He does… “Edsall’s two-year extension puts him under contract through Dec. 31, 2023 with compensation valued at $1.256 million during the 2021 season.”
that's not how it works. When you have a contract and the fiscal year begins, you pay the person for that year. It's a "$0 buyout" because we don't have to pay him to go away at the end of the contract year.
We were told $0 buyout. So either we can fire him now for $0 or we have been lied to and his buyout is about $3m. If Edsall has any buyout, this while administration needs to be thrown out, top to bottom.
If that is what the school means by a $0 buyout I want everyone's head on a pike. There was ZERO reason to give Edsall any security. We were the only school dumb enough to even consider employing him 5 years ago, let alone now. And he and the staff straight up robbed us last year.
I don't think you're understanding or I didn't explain it well.
I caught that and corrected. It still makes zero sense to do that. What is his leverage? This school just passes money away on so many fronts.
I'm basing this on standard contract work and how it seems to go at most schools. I don't actually know but this is my most educated guess. Someone here probably knows more. I'm just operating by what we've been told about a $0 buyout.
And there is no lump sum above and beyond. But I question the zero buyout. When there is an extension isn't a buyout term common? The buyout under the original contract is zero by now, but under the extension too? Do we know that for certain?
I cannot emphasize enough that if after his results Edsall both got an extension and ANY amount of a buyout I want a compete housekeeping of the school administration. It would show definitely they have no idea how to evaluate talent, the market or negotiate, and worse would show they are recklessly cavalier with the money they beg us to give them.
I say that on the basis of one online interview. He was clear, concise, analytical, respectful, and uttered not a single worn out football catch prhase.
Under this construct, how do you define “this year’s salary” Through 12/31/2021 or fiscal? If fiscal, when will that end?
