Coach Calhoun's Full Contract Details

Post by **treesap32** » April 5th, 2024, 4:08 pm

Enjoy

Aggie702 · Post by **Aggie702** » April 5th, 2024, 4:15 pm

"If Coach Calhoun were to terminate the agreement for convenience (i.e. Calhoun leaves for another position elsewhere) before the completion of his first year at Utah State (on or before March 31, 2025), the buyout starts out at 80% of the remaining cumulative total compensation owed. If he were to leave on or after April 1, 2025, the buyout is reduced to 60% of the remaining total compensation on his contract. So if Calhoun were to leave after his second year at Utah State, he would be required to pay USU a buyout of $1,800,000 ($3,000,000 * .60)."

I wish we could change the buyout lowering date to May 1. March Madness is still going on and coaches leave in early April all the time. Danny did us a favor leaving in mid-March, but another school might not.

SLB · Post by **SLB** » April 5th, 2024, 4:26 pm

That extra 220 thousand for assistant coaches is a big deal. We could poach coaches with that money.

Post by **treesap32** » April 5th, 2024, 6:01 pm

Aggie702 wrote: ↑
April 5th, 2024, 4:15 pm
"If Coach Calhoun were to terminate the agreement for convenience (i.e. Calhoun leaves for another position elsewhere) before the completion of his first year at Utah State (on or before March 31, 2025), the buyout starts out at 80% of the remaining cumulative total compensation owed. If he were to leave on or after April 1, 2025, the buyout is reduced to 60% of the remaining total compensation on his contract. So if Calhoun were to leave after his second year at Utah State, he would be required to pay USU a buyout of $1,800,000 ($3,000,000 * .60)."

I wish we could change the buyout lowering date to May 1. March Madness is still going on and coaches leave in early April all the time. Danny did us a favor leaving in mid-March, but another school might not.

With Danny it didn't matter when he left as long as it was before the completion of his second season it was 75% of the remaining salary.

In all reality the 80% number will never be achieved with Calhoun unless he leaves during his first year. If he gets poached after the first year he'll just wait until April 1 to sign and only pay 60%.

LarryTheAggie · Post by **LarryTheAggie** » April 5th, 2024, 6:03 pm

The buyout dates should be based on the academic year.

trevordude · Post by **trevordude** » April 5th, 2024, 6:55 pm

Wow, wonder why the assistant salary pool changed so much.

Were we sub-par compared to the rest of the conference? Was it part of hiring Calhoun?

LarryTheAggie · Post by **LarryTheAggie** » April 5th, 2024, 7:05 pm

Didn't they just recently up the number of assistant coaches from 3 to 5? In that case they almost have to increase the salary pool. In terms of salary per assistant it is actually a decrease 530,000/ 3 is 176,000 and now 750,000/5 is 150,000. But that is assuming that he actually hires 5 coaches and that they are all paid the same.

I guess last year is not the comparison I should be making because they changed the rule last year, and Sprinkle only had 4 assistants. Now we can afford the 5th.

What was Odoms assistant pool?

scotlandog · Post by **scotlandog** » April 5th, 2024, 8:22 pm

LarryTheAggie wrote:Didn't they just recently up the number of assistant coaches from 3 to 5? In that case they almost have to increase the salary pool. In terms of salary per assistant it is actually a decrease 530,000/ 3 is 176,000 and now 750,000/5 is 150,000. But that is assuming that he actually hires 5 coaches and that they are all paid the same.

I guess last year is not the comparison I should be making because they changed the rule last year, and Sprinkle only had 4 assistants. Now we can afford the 5th.

What was Odoms assistant pool?

The 4th/5th can’t recruit from what I understand so they shouldn’t be receiving as much money.

Sent from my iPhone using Tapatalk

shoresy · Post by **shoresy** » April 5th, 2024, 8:31 pm

LarryTheAggie wrote:Didn't they just recently up the number of assistant coaches from 3 to 5? In that case they almost have to increase the salary pool. In terms of salary per assistant it is actually a decrease 530,000/ 3 is 176,000 and now 750,000/5 is 150,000. But that is assuming that he actually hires 5 coaches and that they are all paid the same.

I guess last year is not the comparison I should be making because they changed the rule last year, and Sprinkle only had 4 assistants. Now we can afford the 5th.

What was Odoms assistant pool?

They did, but while you technically could go add two new staff members, most schools have instead just had their DOBO/video coordinator/director of personnel/etc. take on a few more traditional coaching responsibilities since they’re now allowed to.

Post by **treesap32** » April 5th, 2024, 8:43 pm

LarryTheAggie wrote: ↑
April 5th, 2024, 7:05 pm

What was Odoms assistant pool?

Odom's was $530,000. The same as Sprinkle's. You can see Odom's full contract here.

SLB · Post by **SLB** » April 5th, 2024, 9:18 pm

treesap32 wrote: ↑
April 5th, 2024, 8:43 pm

LarryTheAggie wrote: ↑
April 5th, 2024, 7:05 pm

What was Odoms assistant pool?
Odom's was $530,000. The same as Sprinkle's. You can see Odom's full contract here.

I am curious with how the extra 220K spent on assistant coaches plays out. It opens the door to poach assistant coaches from other schools.

Post by **AGinNEIowa** » April 6th, 2024, 7:03 am

I think this should be Calhoun, right?

Post by **treesap32** » April 6th, 2024, 9:10 pm

AGinNEIowa wrote: ↑
April 6th, 2024, 7:03 am
I think this should be Calhoun, right?

Yep. Good catch. It's fixed.

Aggie in Boise · Post by **Aggie in Boise** » April 7th, 2024, 12:37 am

SLB wrote: ↑
April 5th, 2024, 9:18 pm

treesap32 wrote: ↑
April 5th, 2024, 8:43 pm

LarryTheAggie wrote: ↑
April 5th, 2024, 7:05 pm

What was Odoms assistant pool?
Odom's was $530,000. The same as Sprinkle's. You can see Odom's full contract here.
I am curious with how the extra 220K spent on assistant coaches plays out. It opens the door to poach assistant coaches from other schools.

I wonder if we could get Tim and Larry to come back?

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