![]() If Franklin leaves after 2022, it will cost him just $6 million, and only $2 million starting the following year. James Franklin’s new Penn State buyout is $8 million multiplied by the number of years left on his 10-year deal if fired without cause. The buyout goes to zero if Scott Woodward leaves his post as LSU AD. Kelly, or his next school, would only need $2 million to get out of his contract after December 2022. LSU hired the former Notre Dame coach under a deal that pays 90% of his base and supplemental compensation-$9.5 million a year-for all years remaining on his contract if he is fired without cause, and the figure hits 100% if he wins a national championship. Schools are typically on the hook for huge buyouts under these new deals, while the coaches can often leave with limited repercussions. Their contracts are packed with incentives that push their total comp above our average values. Ten-year deals are the new norm for coaches with any kind of track record. On the college side, the leverage has shifted to coaches. The raises mean that Doug Pederson ($8.5 million) and Mike McCarthy ($7 million-plus) are the lone active Super Bowl-winning coaches earning less than $12 million per year. McVay and John Harbaugh both signed contract extensions in 2022 that pushed their pay into the top six. During that time coaching pay has jumped from less than $300,000 on average to more than $7 million. NFL team values have soared over the past 35 years from around $100 million on average to $4.14 billion in Sportico’s 2022 NFL Team Valuations. ![]() We did not factor in the half-dozen or so global soccer managers earning eight figures per year, led by Diego Simeone (Atletico Madrid) and Pep Guardiola (Manchester City). The NFL and college football both have 12, followed by the NBA with four and finished off with John Calipari, the lone college basketball entry. Incentive bonuses can push these tallies even higher. sports leagues earning at least $8.5 million per year, based on conversations with industry insiders on the pro and college level. ![]()
0 Comments
Leave a Reply. |