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Post by Whup Em All on Feb 1, 2022 15:55:19 GMT -6
www.annistonstar.com/free/rodriguez-signs-jsu-contract-which-will-run-four-years-pay-him-500-000/article_70ce5092-83a3-11ec-9fd3-eb0b102ddf19.htmlTHE BASICS: - $500K annually through Dec. 31, 2025
- One year option, which must be exercised by Nov. 30, 2024
- A whole bunch of on-and-off-field performance bonuses
- If fired with cause, JSU owes him nothing. If fired without cause, JSU owes the balance of his remaining base salary.
- If Coach Rod leaves, he owes JSU the remaining base salary he would've received through the end of his contract. (See below.)
The full article is available for free, so you can read the details there. Also, a PDF of the actual contract is available at the end of the article.
For future reference and/or ease of figuring out what his buyout would be should Coach Rod take a better job before the end of the 2025 season, here is the approximate buyout for each year (amounts shown are based on him leaving at the beginning of the calendar year):
2022 - $2M 2023 - $1.5M 2024 - $1M 2025 - $500K
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Post by JSUSoutherner on Feb 1, 2022 16:46:58 GMT -6
I hope by 2024 he's worth a million ba year. And we are paying the man.
I hope we do what WVU didn't and paid the man an extra $50k for assistants when he asks.
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Post by troysux on Feb 1, 2022 17:03:30 GMT -6
Is there a date listed when the year “ends” and the buyout drops 500K?
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Post by Whup Em All on Feb 1, 2022 17:29:52 GMT -6
Is there a date listed when the year “ends” and the buyout drops 500K? Sent from my iPhone using Tapatalk There's not really a date... it's just based on whatever amount remains unpaid on his contract. So it'll be $500K around Dec. 31, 2024, and by around June of 2025, it'll be about $250K. (Unless the option has been exercised to keep him around through Dec. 2026, in which case, both of those figures would be $500K more.)
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Post by troysux on Feb 1, 2022 17:47:01 GMT -6
Just wondering because some contracts set a specific date (not always 12/31) when it drops and one day later the coach bails/gets fired.
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Post by pubdaze on Feb 2, 2022 8:08:38 GMT -6
Just win baby.
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Post by ksig2014 on Feb 2, 2022 12:50:20 GMT -6
Seems like a win-win deal for both parties involved
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