My ideal contract for TC would be:
Current deal extended 2 years for 1st 8 wins
$1M bonus for each win thereafter to be split 50/50 with his coordinator/position coaches
$500K additional bonus for Division Championship (1st place champ only) to be split 50/50 with his coordinator/position coaches
$1M bonus for winning B1G title game to be split 50/50 with his coordinator/position coaches
Assuming this would take 11-2 at a minimum to win the B1G and then lose in the play-offs, TC would earn:
$1.5M
+2M: .5M * 4 (11 - 1 plus B1G championship game)
+.25
+.5M
$4.2M total potential earnings for a B1G championship...which is 33% less than Urban Meyer and less than Harbaugh who have the same expectations (win a B1G title and/or compete for national championship)
Given it is all incentive pay and I assume the U would earn way more than that from a NC run (and that is what this would be), it seems like a good deal all around.
In exchange, I would have TC waive any buyout as we need an escape if he underperforms. Assuming he is an 8 win ceiling, we don't pay any more than we are now and no longer have a buyout.
I know - unrealistic from an AD perspective - they need to be able to plan expenses better than such an incentive laden contract. But, if you work in any high performance expectation business - you know your pay is almost 100% dependent on performance. I don't know why we would approach a coach any differently.
Current deal extended 2 years for 1st 8 wins
$1M bonus for each win thereafter to be split 50/50 with his coordinator/position coaches
$500K additional bonus for Division Championship (1st place champ only) to be split 50/50 with his coordinator/position coaches
$1M bonus for winning B1G title game to be split 50/50 with his coordinator/position coaches
Assuming this would take 11-2 at a minimum to win the B1G and then lose in the play-offs, TC would earn:
$1.5M
+2M: .5M * 4 (11 - 1 plus B1G championship game)
+.25
+.5M
$4.2M total potential earnings for a B1G championship...which is 33% less than Urban Meyer and less than Harbaugh who have the same expectations (win a B1G title and/or compete for national championship)
Given it is all incentive pay and I assume the U would earn way more than that from a NC run (and that is what this would be), it seems like a good deal all around.
In exchange, I would have TC waive any buyout as we need an escape if he underperforms. Assuming he is an 8 win ceiling, we don't pay any more than we are now and no longer have a buyout.
I know - unrealistic from an AD perspective - they need to be able to plan expenses better than such an incentive laden contract. But, if you work in any high performance expectation business - you know your pay is almost 100% dependent on performance. I don't know why we would approach a coach any differently.