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Mark Stoops guaranteed compensation (for those who think he could be let go)

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UKErik

All-Conference
May 29, 2001
27,441
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2015 – $3.25 million
2016 – $3.5 million
2017 – $3.75 million
2018 – $4.0 million
2019 – $4.25 million

BUYOUT OPTIONS

If Stoops is terminated before Dec. 1, 2017 without cause, he's owed the entirety of his remaining contract.

If terminated between Dec. 1, 2017 and Nov. 30, 2018, he gets 80 percent of his remaining salary.

If terminated any time after Nov. 30, 2019, he'll receive 60 percent of his remaining salary.

GBB!!!
 
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fabcat

Heisman
Apr 16, 2007
24,214
39,091
113
So he is being paid about 1 mil per win.... Wished I had that negotiating skills
 
RACdad

RACdad

All-American
Mar 8, 2005
9,022
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Seeing those numbers no way he is fired. He needs to be and the first call I make is to Memphis' Justin Fuente!
 
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ZakkW

ZakkW

All-Conference
May 22, 2002
4,632
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Is Eli Capiluto asleep at the switch or does he just not care? He's the guy who should be holding Mitch B's feet to the fire for these continual undeserved contract extensions for unproven head coaches.
 
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fabcat

Heisman
Apr 16, 2007
24,214
39,091
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^ Yes it is unforgivable Erik. And we are stuck, because no one is going to touch him watching this debacle. His name being mentioned for other jobs has to be his people putting that crap out there.

I bet there is a clause that we would owe him 18 mil if fired, but there is probably No Buyout if a school wants him. That's damn near Ponzi scheme.
 
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Kats23

All-American
Nov 21, 2007
8,673
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I thought he didn't have a buyout. Guess I was wrong on that. I thought I remembered a bunch of people being upset when he got the extension bc there wasn't a buyout and people thought he could just walk away. Guess not
 
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Violent Cuts

All-Conference
Jun 22, 2001
26,917
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kats23 said:
I thought he didn't have a buyout. Guess I was wrong on that. I thought I remembered a bunch of people being upset when he got the extension bc there wasn't a buyout and people thought he could just walk away. Guess not
Click to expand...

There isn't a buyout. He can go to any school and they don't owe UK anything.
 
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Icecoldbrewdoggy

All-Conference
Nov 14, 2015
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UKErik said:
2015 – $3.25 million
2016 – $3.5 million
2017 – $3.75 million
2018 – $4.0 million
2019 – $4.25 million

BUYOUT OPTIONS

If Stoops is terminated before Dec. 1, 2017 without cause, he's owed the entirety of his remaining contract.

If terminated between Dec. 1, 2017 and Nov. 30, 2018, he gets 80 percent of his remaining salary.

If terminated any time after Nov. 30, 2019, he'll receive 60 percent of his remaining salary.

GBB!!!
Click to expand...

UN-REAL. No wonder he looks so "ho-hum". Why have a heart attack when you have young kids and are set for life? UK Football: Making ordinary men multi-millionaires.
 
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TBCat

Heisman
Mar 30, 2007
14,317
10,331
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Well the question now becomes how much will UK lose from empty stadiums. The lost revenue from 2 seasons alone might cover it.
 
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Monroe Claxton

All-Conference
Jun 4, 2015
3,021
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Say Mitch fires Stoops. Have you seen how many open jobs there are now? And what coach would come here if the last two coached were fired after three years?
 
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Violent Cuts

All-Conference
Jun 22, 2001
26,917
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My black cloud? You're calling random people names over a UK football game. Go take your meds, you need help.

If you don't like my opinions, ignore me if you can figure out how to do that.
 
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ZZBlueComet

All-Conference
Feb 4, 2009
46,206
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Mitch will point back to the Brooks hire and remind us that it was year-4 when it clicked - write it down.
 
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PhilipVU94

Heisman
Jul 24, 2001
29,035
11,064
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This is a big problem with the college sports arms race today. If your guy shows even a hint of doing well, and you don't sign him to a monster contract to lock him up, then your fan base riots.

My favorite example was Dan McCarney of Iowa State (and recently fired this year as HC of an awful North Texas team). He had a couple of 8-4 teams, beat Nebraska once or twice, and ISU knew he was a hot commodity. They actually disbanded the baseball program to free up enough money to keep him! As you may have imagined, a few years later they were back to mediocrity and had to buy him out. Now they have no baseball and no good football program.

Same could have happened to James Franklin if he'd accepted our $5M a year. Only a couple of dozen coaches are really sure things.

I realize that Franklin was more proven in the win column than Mark Stoops but wouldn't everyone have been upset if your AD had let Stoops walk after last year?
 
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UKErik

All-Conference
May 29, 2001
27,441
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The thing is Phillip, I don't believe that contract would have stopped Stoops from leaving. It just locked UK in for a boatload of money. Stoops can leave without a buyout.

GBB!!!
 
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UKfan2151

All-American
Oct 1, 2003
14,064
8,372
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That is why Mitch needs to be fired right along with Stoops. He's just as incompetent as this coaching staff. There's no way in hell he can be allowed to make the next football coaching hire. The guy is a walking cluster_____!
 
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UKErik

All-Conference
May 29, 2001
27,441
3,092
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Big picture, Barnhart has done a tremendous job at Kentucky. He's the best athletics directory UK has ever had (by far).

But yeah, the Stoops contract is nuts. How do you guarantee a guy that's never been a head coach before that much money? I mean, it would cost UK over $15 million right now IF they wanted to make a change.

GBB!!!
 
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