to be fair I was only talking about the money...I mean the SEC has money to spend and he was making 3.5 mill.. no idea how much WKU can afford to pay.. maybe 500k?
:think2:
-murph
*edit I see he is getting 850k with some stipulations "Western Kentucky gave Petrino a four-year deal with a base annual salary of $850,000. If he terminates the deal at any time, he must re-pay the university $1.2 million in six monthly payments starting the month after he leaves." - http://www.bostonherald.com/sports/...ern_kentucky_hires_petrino_as_football_coach/
Appears that WKU might be a little smarter than people think.
IF he leaves after:
Year 1 - WKU +350,000
Year 2 - WKU -500,000 (avg. 250,000 yr.)
Year 3 - WKU -1,350,000 (avg. 450,00 yr.)
Year 4 - WKU -3,400,000 (avg. 850,000 yr)
Basically your getting a Top 10 college football coach for chump change.
There are (2) worst case scenerios.
#1. Cant bring in any talent this year due to his shady past, wins big with Taggert's players, and bolts after year 1.
#2. Stinks it up for 4 years and sets the program back.
Just cannot see #2 happening. #1 is probably 50/50. Petrino's kids are enrolled at Louisville so mama Petrino might have the final say as to when/if he leaves.
Another good thing WKU does in its buyout clauses is that the new school must agree to a home/home game. That alone could be worth 7 figures.
IF he leaves after:
Year 1 - WKU +350,000
Year 2 - WKU -500,000 (avg. 250,000 yr.)
Year 3 - WKU -1,350,000 (avg. 450,00 yr.)
Year 4 - WKU -3,400,000 (avg. 850,000 yr)
Basically your getting a Top 10 college football coach for chump change.
There are (2) worst case scenerios.
#1. Cant bring in any talent this year due to his shady past, wins big with Taggert's players, and bolts after year 1.
#2. Stinks it up for 4 years and sets the program back.
Just cannot see #2 happening. #1 is probably 50/50. Petrino's kids are enrolled at Louisville so mama Petrino might have the final say as to when/if he leaves.
Another good thing WKU does in its buyout clauses is that the new school must agree to a home/home game. That alone could be worth 7 figures.
if that is the case he would potentially lose money
"Western Kentucky gave Petrino a four-year deal with a base annual salary of $850,000. If he terminates the deal at any time, he must re-pay the university $1.2 million in six monthly payments starting the month after he leaves."
-murph
He won't lose anything...the new school will pay for the buyout, as they do now in some cases.
