The California Golden Blogs

Home    About    Contact


Script Cal

    Categories

    Archives

    Search


    Best of the Golden Blogs
    May 2007
    S M T W T F S
    « Apr   Jun »
     12345
    6789101112
    13141516171819
    20212223242526
    2728293031  

Official Cal Links

    UC Berkeley
    Cal Athletics Homepage
    Memorial Stadium Campaign
    Cal Student Store
    California Marching Band
    Cal Dance Team

Cal Blogs

    Bears Necessity
    Bears With Fangs
    Blue and Gold Sports
    Contra Costa Times Cal Blog
    Daily Clog
    Dank Down
    Excuse Me For My Voice
    Kate On Sports
    My Bear Territory
    Oski Talk
    Rose Bowl Before I Die
    Scott Moura's Blog
    The Cal Football Fan

Cal News Sites

    Bear Bytes
    Cal Bear Wire
    Cal Golden Bear Football News

Cal Athlete Blogs

    Live The Dream - Chris Manderino's Blog
    Official Blog of Marshawn Lynch
    Too Much Rod Benson
    TMRB @ Ball Don't Lie

Pac-10 Blogs

    (ASU) Pitchfork Nation
    (ASU) The House Of Heat
    (ORE) Addicted To Quack
    (OSU) Building the Dam
    (OSU) Jason's OSU Beavers Blog
    (Pac-10) The Play in California
    (UCLA) Bruin Roar
    (UCLA) Bruins Nation
    (USC) 82 Sluggo Win
    (USC) Conquest Chronicles
    (USC) Student Body Right
    (WASH) Malamute's Washington Husky Football Site
    (WASH) Washington Husky Sports
    (WSU) WSU Football Blog

Team Specific Blogs

    (FLA) Every Day Should Be Saturday
    (GA) Dawg Sports
    (IOWA) Black Heart Gold Pants
    (KEN) A Sea of Blue
    (MD) Noli's Maryland Terrapins Blog
    (MD) Turtle Waxing
    (MICH) MGoBlog
    (MSU) Spartan Nation
    (MSU) Spartan Tailgate
    (MSU) SpartyMSU
    (MSU) The Enlightened Spartan
    (NEB) Corn Nation
    (TENN) Rocky Top Talk
    (TENN) Vol Nation
    (TEX) Burnt Orange Nation

General CFB Blogs

    BCS Busters
    Bleacher Bloggers
    Bruce Feldman Blog
    CFB Weekly
    College Football Resource
    Deadspin
    Heisman Pundit
    NCAA FanBlog
    Smart Football
    Sunday Morning QB
    The Campus Word
    The Wizards of Odds

This Week's Polls

    AP and USA Today Top 25
    Our Top 25
    BlogPoll Top 25

CFB Resources

    2008 Cal FB Pre-Spring Roster
    2007 Cal FB Depth Chart
    NCAA CFB Statistics
    Jeff Sagarin's 2007 CFB Ratings
    California Team Links

MBB Resources

    2007-08 Cal Men's BB Roster
    NCAA MBB Statistics
    Basketball State
    Ken Pomeroy's RPI Ratings
    Jeff Sagarin's 2007-08 MBB Ratings

Wikipedia

    UC Berkeley
    Cal Sports
    Cal Football
    2007 Cal Football Team
    Memorial Stadium
    Haas Pavilion
    Oski
    Cal Band
    The Play

Buyout Clauses Don’t Mean Much

Earlier this week, Hydrotech reacted to a blog entry by the Merc’s Jon Wilner, pointing out that while Cal does pay its football coach significantly more than its professors, it is not because Cal values one more than the other, but because they are in entirely different markets, and Cal is willing to pay market rate for world-class employees in both cases.  A very good (and subtle) point, it’s worth reiterating.

I, however, want to touch on a different aspect of Wilner’s breakdown of Tedford’s contract; the buyout clauses.  In every discussion of a successful coach’s contract, the subject of the buyout clauses are brought up; fans want to see some monetary valuation on how insured they are against their football coach heading for greener pastures.  Here’s what Wilner has to say:

*** Under the old deal, if Tedford left Cal before the end of the contract, he owed the university $300,000 for every year left on the deal. (The buyout amount was chopped to $150,000 annually until the Memorial Stadium renovation broke ground.)

Under the new deal, the same dollars apply (the buyout drops by half until Cal occupies the high-performance training center).

BUT:

*** Under the old deal, Tedford received a $2.5 million retention bonus if he stayed through the end of the contract (ie: if he coached in 2009).

Under the new deal, Tedford gets a $1 million retention bonus if he coaches through the 2008 season.

He gets an additional $1.5 million if he’s the head coach through the 2011 season, and he gets another $1 million if he’s the coach through the 2013 season.

In other words, the new deal is much, much more favorable to Tedford — it’s not nearly as back-loaded as the old one. All he has to do is stay two years and he gets an additional $1 million.

And yet, the buyout (the money he would owe the school if he left early) remains the same.

That’s what you call leverage ….

Now, Cal fans should not take the terms of the extension as a definite indication that Tedford’s is ready to bolt. (It wouldn’t surprise me if he stayed a few more years, and it wouldn’t surprise me if he left next winter.)

But clearly, he has far less (financial) incentive to stay through the duration of the new contract.

OK, yeah, Tedford’s got a strong bargaining position, and he (and his agent) used that to their advantage.  I’ve no problem with that.  He gets more money up front, and he leaves less money on the table if he decides to leave early.  Good for him, he deserves it.

Still, for the Cal fan wondering if Tedford will leave, none of this matters.  Honestly, when have you ever heard of a coach’s buyout clause being the reason he stayed at his current job?  Is that the reason you’d want him to stay anyway?  Listen, any school or NFL franchise that tried to hire Tedford away would have to give him more money than he’s currently making; anybody with a great job is going to need a heck of a reason to leave for less money, and the only one I can think of is ‘returning to your mid-major alma mater’.  As far as I know, Fresno State’s not hiring, and Tedford’s too competitive to take a step down such as that.

So, we’re limited to only a few rich schools and the NFL.  Any of those teams that can afford to throw scads of money at Tedford can afford the buyout as a matter of course; the retention bonuses are tempting, sure, but if someone’s giving you a huge raise right now, a big bonus a few years down the road isn’t as big a deal as the schools like it to be.  In fact, what these clauses mostly amount to is negotiating leverage when a coach does decide to leave; the financials are only a negotiating point, not a reason one way or the other.

Coaching searches are interesting beasts.  Once a candidate is chosen, the employer will pay whatever it takes to get that #1 choice.  Settling for the second-best coach is not an option.  Colleges are especially guilty of this, because they can’t go out and sign free agents to fix their teams.  With a moribund program and money in their pocket, all these schools can do is throw money at the best coach who will agree to come.

Look, I’m not saying whether Tedford will or will not leave.  What I am saying is that money won’t be the reason he leaves.  If he does leave, it will be because a) he’ll feel he’s done all he can at the college level, and needs a new (NFL) challenge, or b) he feels he’s held back from succeeding because of the stagnating condition of the facilities at Cal.  Yes, it’s nice that he signed his new contract, but if he’s thinking about leaving in two years, I wouldn’t look to the buyout clauses to keep him around.

POSTED BY ragnarok ON 05.26.07 @ 7:50 am | 2 Comments

2007 CFBA Nominee: Best Pac-10 Blog

Fake Award from CAA

Sponsors

    If you're looking for exciting college football betting and online betting odds, then visit our online sportsbook and receive the best bonuses at
    SBG Global.com !

Poll

 

  • view results

    Previous Poll Results

2008 Cal Baseball Schedule

    02/22 W 5-1 vs. Kansas State
    02/23 W 12-1 vs. Utah Valley State
    02/23 T 8-8 vs. Utah Valley State
    02/24 Rained Out vs. Kansas State
    02/28 W 14-4 vs. Fresno State
    02/29 L 5-7 vs. Missouri
    03/01 W 5-3 vs. San Diego State
    03/02 W 5-0 @ San Diego
    03/04 W 8-3 vs. Stanford
    03/07 W 11-3 vs. Northern Iowa
    03/08 W 4-1 @ Minnesota
    03/09 W 12-2 vs. New Mexico
    03/11 W 6-2 vs. San Francisco
    03/14 W 10-4 vs. Loyola Marymount
    03/15 W 21-9 vs. Loyola Marymount
    03/15 L 2-6 vs. Loyola Marymount
    03/16 W 6-1 vs. Loyola Marymount
    03/18 L 6-12 vs. Sacramento State
    03/20 W 9-1 @ Washington State
    03/21 W 7-4 @ Washington State
    03/22 L 4-5 @ Washington State
    03/25 L 5-7 @ Santa Clara
    03/28 W 6-1 vs. Long Beach State
    03/29 W 10-6 vs. Long Beach State
    03/30 W 4-3 vs. Long Beach State
    04/01 L 1-5 @ San Francisco
    04/02 W 5-4 vs. Fresno State
    04/04 W 5-2 vs. Oregon State
    04/05 W 9-3 vs. Oregon State
    04/06 L 2-9 vs. Oregon State
    04/07 T 5-5 vs. Stanford
    04/09 W 16-8 vs. Santa Clara
    04/11 L 1-17 @ USC
    04/12 L 5-11 @ USC
    04/13 W 13-11 @ USC
    04/15 W 14-1 @ Pacific
    04/18 W 10-5 vs. Washington
    04/19 L 4-7 vs. Washington
    04/20 W 5-4 vs. Washington
    04/22 W 10-8 vs. Cal Poly
    04/25 L 7-11 @ Arizona State
    04/26 L 7-11 @ Arizona State
    04/27 L 2-18 @ Arizona State
    04/30 L 2-8 @ Cal Poly
    05/02 W 11-5 vs. Arizona
    05/03 W 6-5 vs. Arizona
    05/04 L 5-16 vs. Arizona
    05/06 W 13-4 vs. UC Davis
    05/09 W 4-3 @ Stanford
    05/10 W 5-2 @ Stanford
    05/11 L 5-8 @ Stanford
    05/13 L 5-9 @ UC Davis
    05/23 vs. UCLA
    05/24 vs. UCLA
    05/25 vs. UCLA

2008 Cal Football Schedule

    08/30 vs. Michigan State
    09/06 @ Washington State
    09/13 @ Maryland
    09/20 BYE WEEK
    09/27 vs. Colorado State
    10/04 vs. Arizona State
    10/11 BYE WEEK
    10/18 @ Arizona
    10/25 vs. UCLA
    11/01 vs. Oregon
    11/08 @ USC
    11/15 @ Oregon State
    11/22 vs. Stanford
    11/29 BYE WEEK
    12/06 vs. Washington

2007-08 Cal Men's BB Schedule

    11/08 W 100-42 vs. Alaska (exhib.)
    11/14 W 67-59 vs. Southern Miss
    11/19 W 74-62 vs. Nicholls State
    11/24 W 77-69 vs. San Diego State
    11/28 W 74-68 @ Nevada
    12/01 W 86-72 vs. Missouri
    12/05 W 117-74 vs. Jackson State
    12/09 L 75-82 @ Kansas State
    12/20 W 74-57 vs. Delaware State
    12/22 L 65-67 vs. Utah
    12/28 W 102-65 vs. Long Beach St.
    12/29 W 86-72 vs. North Dakota St.
    01/03 W 92-82 vs. USC
    01/05 L 58-70 vs. UCLA
    01/10 L 70-79 @ Oregon
    01/12 W 69-59 @ Oregon State
    01/17 L 90-99 vs. Arizona State
    01/19 L 75-79 vs. Arizona
    01/26 L 77-82 vs. Stanford
    01/31 W 69-64 @ Washington State
    02/02 W 79-75 @ Washington
    02/07 W 81-76 vs. Oregon State
    02/09 L 70-92 vs. Oregon
    02/14 L 73-83 @ Arizona
    02/16 W 76-73 @ Arizona State
    02/24 L 69-79 @ Stanford
    02/28 L 49-70 vs. Washington State
    03/01 L 84-87 vs. Washington
    03/06 L 89-93 @ USC
    03/08 L 80-81 @ UCLA
    03/12 W 84-81 vs. Washington
    03/13 L 66-88 vs. UCLA
    03/19 W 68-66 vs. New Mexico
    03/24 L 56-73 @ Ohio State

Alumni In The Pros

Meta:

  • RSS .92
  • RDF 1.0
  • RSS 2.0
  • Atom
  • Comments RSS 2.0
  • Valid XHTML

Admin

  • login
  • register