Tag

Coaching Contracts

All articles tagged with #coaching contracts

sports11 days ago•325 min saved

Kansas State’s costly contract gamble backfires as Tang era ends

Kansas State fired head coach Jerome Tang after a downturn in results, despite a lucrative, guaranteed contract through 2030. If fired without cause, Tang would receive about $18.67 million. The piece argues this isn’t a morality issue but a money one, highlighting how schools sign big deals they later regret and may be forced to pay out, with Tang having led Kansas State to the Elite Eight in 2022-23 before the program’s recent struggles, potentially triggering legal and financial fallout and echoes of other big buyouts at other programs.

via CNN|

#buyout #coaching-contracts #college-basketball

sports20 days ago•3 min saved

Schwartz-Browns standoff not over yet; twists loom

Schwartz stepped away with the expectation of not coaching in 2026, but the Browns–Schwartz standoff may still unfold: without a separation agreement, Schwartz’s options are murky since head coaches can be traded but assistants cannot, leaving room for a future Raiders move and keeping the 2027 option in play.

via NBC Sports|

#browns #coaching-contracts #jim-schwartz

sports3 months ago•1 min saved

Brian Kelly Sues LSU Over $54 Million Buyout Dispute

LSU is facing a $53 million buyout payout to former coach Brian Kelly, who has rejected settlement offers and is pursuing legal action, amid ongoing coaching staff changes at the university.

via Front Office Sports|

#brian-kelly #buyout #coaching-contracts

sports3 months ago•4 min saved

College Football Coaching Carousel: Massive Buyouts and Top Candidates in 2025

College football coaching buyouts are reaching unsustainable levels, with costs around $185 million by Week 10, raising concerns about the financial viability of such spending amid increasing pressures on university budgets and changing economic models in college athletics. Experts suggest that the cycle of firing and hiring coaches with large buyouts may continue due to competitive pressures and the evolving landscape of college sports, including NIL and transfer portal impacts.

via AP News|

#athletic-department-spending #coach-buyouts #coaching-contracts

sports4 months ago•7 min saved

Firing FBS Coaches: A $168M Industry and Recent Leadership Changes

The article discusses the lucrative and controversial practice of paying large buyouts to college football coaches who are fired, highlighting recent examples like Brian Kelly at LSU and others, amidst a broader debate about the financial priorities in college athletics and their impact on educational resources.

via The Guardian|

#buyouts #coaching-contracts #college-football

sports4 months ago•11 min saved

Penn State's Coaching Shakeup Reflects Changing College Football Dynamics

Penn State fired coach James Franklin after a costly nearly $50 million buyout, highlighting how the modern college football landscape is driven by high financial stakes, quick coaching changes, and the influence of transfer portal and NIL, which are reshaping the value and role of coaches in the sport.

via Pittsburgh Post-Gazette|

#buyouts #coaching-contracts #college-football

sports4 months ago•4 min saved

Penn State Replaces James Franklin Amid Financial and Performance Concerns

Jay Paterno criticizes the timing and financial implications of Penn State's decision to fire coach James Franklin, highlighting the large buyout and the impact of modern college football's professionalization, while reflecting on the quickness of the decision and its effects on the team.

via Pittsburgh Post-Gazette|

#buyout #coaching-contracts #college-football

sports4 months ago•5 min saved

Penn State's Coaching Shakeup Highlights Fear of Losing Games Over Money

Penn State fired James Franklin after a series of unexpected losses, despite the high cost of a $45 million buyout, highlighting how schools prioritize winning football games over financial concerns, reflecting the sport's immense importance in college athletics.

via NBC Sports|

#buyout #coaching-contracts #college-football

sports1 year ago•3 min saved

Kings and Mike Brown at Impasse Over $10M Annual Salary Demand

Sacramento Kings coach Mike Brown, the 2023 Coach of the Year, is seeking a $10 million annual salary in his contract extension, but the Kings have offered $21 million over three years with potential bonuses. This negotiation comes amid a less successful season for the Kings, raising questions about the team's direction and ownership's valuation of Brown's contributions.

via CBS Sports|

#coaching-contracts #mike-brown #nba

sports1 year ago•2 min saved

"John Calipari Receives Warm Welcome as Arkansas Men's Basketball Coach"

Arkansas fans gave billionaire John Tyson, who played a major role in convincing John Calipari to become the new basketball coach at Arkansas, a massive ovation during Calipari's introduction. Tyson's influence and resources were instrumental in landing the legendary coach, and fans showed their appreciation for his efforts. Calipari's lucrative contract with Arkansas, reportedly worth $7 million annually with a $1 million signing bonus, reflects the impact of wealthy boosters in college sports.

via Outkick|

#arkansas-razorbacks #coaching-contracts #college-basketball

sports1 year ago•1 min saved

"Louisville's New Basketball Coach: Navigating Contracts and Controversy"

Louisville men's basketball has named Pat Kelsey as its new head coach, leading to additional financial obligations for the university. Kelsey's buyout from Charleston is $1 million, while the university owes Kenny Payne $8 million and is paying Chris Mack a $4.8 million severance package. Kelsey brings a strong coaching record, with a .681 winning percentage and four NCAA Tournament appearances across 12 seasons.

via Courier Journal|

#chris-mack #coaching-contracts #kenny-payne

sports2 years ago•2 min saved

"Texas Football Coaches' Lucrative Contract Extensions and Salary Increases Revealed"

Texas head coach Steve Sarkisian's four-year contract extension will see his salary rise to $10.3 million for the 2024 season, making him one of the highest paid coaches in college football. The extension includes annual salary increases, a one-time payment, performance bonuses, and additional perks such as private aircraft time and social club memberships. Other coaching staff members also received contract extensions, and the team's recent success includes a 12-2 record in 2023 and a College Football Playoff appearance.

via On3.com|

#coaching-contracts #college-football #college-football-playoff

sports2 years ago•3 min saved

The Patriots' Divorce: Belichick's Leverage and Kraft's Concerns

The potential split between the New England Patriots and head coach Bill Belichick could get messy, as Belichick holds more leverage than your typical coach on the hot seat. Belichick's contract, which runs for one more year and is believed to be for at least $25 million, is guaranteed, making it costly for owner Robert Kraft to part ways with him. While Kraft holds the ultimate leverage in choosing his head coach, Belichick's contract gives him some say in how the departure is handled. If Kraft insists on trading Belichick, the coach holds most of the cards thanks to his contract. Ultimately, an amicable agreement to part ways would be the easiest solution for both parties.

via The Boston Globe|

#bill-belichick #coaching-contracts #new-england-patriots

sports2 years ago•2 min saved

"Kansas' Bill Self Secures Top Spot as Highest-Paid Coach with Amended Deal"

Kansas coach Bill Self has signed an amended five-year contract, effectively a lifetime deal, making him the highest-paid coach in college basketball. Self will earn over $13 million for the 2023-24 season and $53 million over the next five years. Previously, Kentucky's John Calipari held the title of highest-paid coach. Kansas announced the new contract but did not disclose financial terms. Self has led the Jayhawks to two national championships and 20 league titles, including 13 straight Big 12 championships. The program recently avoided a postseason ban following an FBI investigation.

via ESPN|

#bill-self #coaching-contracts #college-basketball