So true. That's the only reason why he's still there. According to BlackHeartGoldPants, "The buyout clause in Kirk Ferentz's contract mandates that Gary Barta pay him 75% of his base salary if he is terminated without cause. That works out to $18,846,249 as of this week, or $219,142 per month until the contract ends in January 2020."
Smh.....guess this makes the Kirkster the Federal Government of FBS coaches. Tenure, top dollar and now perks for family members, all for less than stellar results.
So glad I'm not a Hawkeye.
"Success - it's what you do with what you got" - Woody Hayes
How many times a day does the Iowa AD kick himself for agreeing to that buyout clause?
So true. That's the only reason why he's still there. According to BlackHeartGoldPants, "The buyout clause in Kirk Ferentz's contract mandates that Gary Barta pay him 75% of his base salary if he is terminated without cause. That works out to $18,846,249 as of this week, or $219,142 per month until the contract ends in January 2020."
Eww!!! Here is the full link:
http://www.blackheartgoldpants.com/football/2012/11/26/3691810/just-how-...
The 2012 National Champions.
Smh.....guess this makes the Kirkster the Federal Government of FBS coaches. Tenure, top dollar and now perks for family members, all for less than stellar results.
So glad I'm not a Hawkeye.
"Success - it's what you do with what you got" - Woody Hayes
I don't mind things like this, one could easily find a reason to fire him if things go south because of it by breaching some clause in the contract.
Maybe Ferentz hired his relatives so they could be in the running every year for B1G Assistant Coach of the Year.
"Sherman ran an option play right through the south" - Greatest.Civil.War.Analogy.Ever
I came on here thinking that they hired Bollman as their OC.
I guess I forgot Iowa is a destination job for top tier coaches.
The main perk is not having to go to beautiful sunny Florida to recruit.
Fitzbuck
Toledo - Ohio's right armpit
"A troll by any other name is still a troll".
I'm thinking that was a peace offering to appease the powerful and mighty AIRBHG.
"Success - it's what you do with what you got" - Woody Hayes