things go poorly
Mark Snyder at freep.com has the details on Michigan baseball coach Erik Bakich's contract:
- Five-year deal, with nearly $830,000 in base salary, starting at $150K/year and increasing to more than $182K for the 2016–17 season
- $65,000/year for TV, radio, Internet, apparel, and so on
- $25,000/year for a possible sponsorship deal with a bat manufacturer
- Various performance bonuses, ranging from one month base salary for a Big Ten title/NCAA bid to $25,000 for a national championship
The reports at the time of his hiring of compensation of $400K+ were obviously exaggerations as Brandon had suggested. The other interesting thing is that while Bakich will be making much more than he was at Maryland, where his base pay was a little over $100K, his overall compensation is significantly below what Michigan was paying Maloney, who had a contract topping out at $349K in total compensation in its final year.
How long is Beilein and how do we keep him here? I know that he has said that he wants to stay here, but his stock has never been higher. So do you think that we will be able to keep him and how can we ensure that we do?
Summary of Luke Fickell's signed employement contract here.
$775,000 total compensation for Fickell.
Tressel's total compensation was $3.5 million per year.
The contract, released by the university on Thursday, makes it very clear that Fickell is not guaranteed a job after the agreement ends Jan. 31, 2012.
“This agreement is renewable solely upon an offer from Ohio State and an acceptance by coach,” the contract stipulates in section 2.0 under Term. “This agreement in no way grants coach a claim to tenure in employment.”
Ohio State athletic director Gene Smith, who did not immediately return a call requesting comment, has said that Fickell will be a candidate for the permanent job but that the school will do a nationwide search to find its next head coach. Rumors of potential candidates have been circulating ever since 10-year coach Jim Tressel was forced to resign.
Contract in PDF form: http://media.cleveland.com/osu_impact/other/luke-fickell-contract.pdf