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Details of Charlie Weis' contract

Late yesterday Kansas released the details of Charlie Weis' contract.

You might recall that Kansas had to pay Turner Gill a lump sum of $6 million to buy him out of the final three years of his agreement. One might have thought that the Jayhawks would structure Charlie's agreement differently. One would be wrong.

Weis' agreement is $12.5 million over 5 years, fully guaranteed. Unless they fire him "for cause" he will receive at least $12.5 million from the University of Kansas. 

In the contract Kansas also agrees to allow Weis at least $2.1 million per year for assistant coaches' salaries. 

If Weis leaves for another job before Dec. 31, 2014 he has to pay Kansas $2.5 million. If he leaves during the final two years of his agreement he has to pay Kansas $1.5 million. 

As for incentives...

If they win 5 Big 12 games in a season...$50k...for each additional Big 12 win, another $10k.

A bowl game gets him $50k. Winning that game gets him another $25k.

A BCS bowl gets him $100k with a win in that game earning him another $50k. 

AP Coach of the Year gets him $75k. Big 12 Coach of the Year gets him $50k. 

National Championship game would earn him $200k, winning it would earn him an additional $100k.

 

 

Todd Graham introduced at ASU

After a whirlwind of events yesterday, Todd Graham was introduced as the 23rd head coach of the Sun Devils.

Graham was hired at Pitt in January and went 6-6 in his first season. He had previously served as the head coach at both Tulsa, and Rice where he led the Owls to their first bowl game in 45 seasons.

Below is Graham's entire press conference. It's long, but worth taking a look if you are into this kind of thing.

"Search" fees

Smart guys, read this one and help us out. 

Ten days ago Steve Fairchild was released by the brand new AD at Colorado State. In making the announcement, the AD stated that he had hired a search firm (Spencer Stuart) and noted that the University was paying them $250,000.

We heard that and said he must have meant $25,000. We read it online again as $250,000 and we called the reporter and said it has to be $25,000. They confirmed he said $250,000.

We immediately called 2 agents. Both said it had to be $25,000. We agreed. Look at what similar searches have cost. A lot of the data is public. There certainly have been high profile, six figure search fees paid; but those tend to be at perennial Top 25 programs and even then $250,000 seems rich. Far more frequently we see $25,000, $35,000 or $50,000 fees paid especially when you're dealing with a "non-BCS" school.  

So we called a buddy at one of the search firms..."We'd prefer not to discuss fees."  Ah, it was worth a try.

So here we are. On Monday we learned that CSU had selected Jim McElwain as their new head coach (8 days after letting Fairchild go). Yesterday was the presser and the AD went out of his way in his remarks to thank the search firm for their diligent efforts. We're just now reading some of the press about yesterday's events and sure enough nearly every reporter in Colorado notes that CSU is paying $250,000 in search fees.  

Anybody else find this odd? Comments welcomed below. 

 

Tim DeRuyter's intro at Fresno State

We noticed that Fresno State put this edited version of his presser up on youtube. 

Wouldn't it be great if every AD introduced the new head coach as quickly as transpires in this clip?

In all seriousness, Tim DeRuyter is a very respected coach and we're sure he'll do well "in the Valley". 

Thursday TV

Thursday night NFL action tonight. Don't forget, we have the DIII national title game Friday night (Wisconsin Whitewater and Mount Union). Saturday we'll have the DII title game (Wayne State and Pittsburg State) coupled with three bowl games, and an NFL game with Dallas traveling to Tampa Bay.

All times are eastern.

NFL:

Jacksonville at Atlanta - 8:20 - NFL Network

College:

No games.

High School:

No games.

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