While the idea of paying a coach millions for failing at his job strikes some fans as appalling, Shropshire said it's part of the college sports culture.
Coaches' agents have a lot of leverage in negotiations with an athletic director who desperately wants to land his top candidate. Buyouts are another way to sweeten the deal like luxury cars and country club memberships.
"I think we're stuck with it," Shropshire said.
~ Tampa Times
By
Matt Baker - Times staff
Times Staff Writer
It’s rare for talent to turn the tables on employers, but in college football and college sports in general, that is precisely what has happened for coaches.
wgno.com
by: Stacker
Posted: Oct 7, 2023 / 10:00 AM CDT
Updated: Oct 8, 2023 / 08:08 AM CDT
1. Kirby Smart, Georgia, Head Football Coach ($103.1 million buyout)
You can’t buy the kind of
job security that Kirby Smart has right now in Athens, Georgia. Smart has led the Bulldogs to back-to-back national championships. As a reward, his ten-year $112.5 million deal is
fully guaranteed through 2026. His deal drops from 100% guaranteed to 85% on Jan. 1st, 2027, and would be paid out at that level through the end of the contract. Luckily, the UGA athletic department won’t have to entertain the thought of firing their legendary head coach. The same can’t be said for other employers on this list with massive contracts hanging like albatrosses around their necks.
WVU buyout seems low when compared to the teams with lots of money that is not afraid of high cost of a buyout.
If AD, Presidents and schools would take a stand there would not be these high priced buyouts and salaries.