Greg Mattison contract extension details

Submitted by Butterfield on March 25th, 2013 at 6:11 PM

Didn't see any reference to this on the MGoBoard, but the details of GMat's contract extension are out: 

Mattison, entering the final year of a deal that pays him $750,000 annually, signed the three-year extension earlier this month. The new terms call for him to make $835,000 in the first year in 2014, $875,000 in 2015, then $915,000 in 2016. 

Money well spent. 

Link:  http://www.mlive.com/wolverines/index.ssf/2013/03/greg_mattisons_contract_extens.html#incart_river 

Comments

LSAClassOf2000

March 25th, 2013 at 6:41 PM ^

In case anyone is interested, here is how the base salary raises (discounting escalators) would break down, if I read this right:

SALARY YEAR AMOUNT RAISE
CURRENT $750,000 -
2014 $835,000 10.18%
2015 $875,000 4.57%
2016 $915,000 4.37%

Not bad at all, and well-deserved indeed. 

LongLiveBo

March 25th, 2013 at 6:48 PM ^

Clocking dollars!  Learned this expression on this very blog I and I still think it's ridiculous after writing it for the first time.  Starting to feel like Herm.

Unfiltered Manball

March 25th, 2013 at 8:53 PM ^

big money now but is still an incredible value.  He could be paid this as a recruiter alone and would still be worth every penny.

Some of the fine print on this contract:

- Can recruit the Bahamas whenever he deems it necessary.

- Unquestioned use of David Brandon's private jet.

- Unquestioned use of David Brandon's office bathroom.

- Told Fritz Crisler's seat number.

- Super-awesome horseshoe pits intalled in south end zone.

- Allowed to tailgate up to 5 minutes before kickoff.

- Weekly calling of Urban Meyer telling him he faked every defensive call in Florida.

ThadMattasagoblin

March 25th, 2013 at 9:27 PM ^

It's going to be hard to replace what this man did turning our defense around.  I'm sure Brandon and Hoke will be able to get another elite defensive cordinator with the Michigan name and the cash we're willing to spend.

ESNY

March 25th, 2013 at 9:37 PM ^

Little known fact is that he is paid by huge cardboard check like Happy Gilmore or a winner of Publishers Clearinghouse.

bluemoon4

March 25th, 2013 at 9:59 PM ^

re article in Bleacher report on coach" credibility". ohio coach #2. B.S. lookat him think politician. Hoke and Mattison are football coaches at a glance. Tough guys. Ive been football fan over 50 years.and have noted trends. ohio and ND players are like their coaches ,a little afraid to get dirt on their uniforms. Michigan players always tough guys. like their coaches. Meyer is a wimp.

uminks

March 25th, 2013 at 11:54 PM ^

Greg must be pretty close to Hoke's salary!  I say pay him, he is well worth it! Just think how good our D will be by the 2nd year of his new contract!  I wonder if Al is looking for a bigger contract extension?