Herman Signs New Deal @ UH

[Harry0569]

‏@ThayerEvansSI 25m25 minutes ago

Houston HC Tom Herman signed new 5-year deal this morning for approx. $2.8 million annually & includes $200,000 more for staff per source.

[DanFreibergerForHeisman]

Good for The American.

[PerunasHoof]

If we find similar success as Houston with Chad Morris, how much do you think we would be willing to pay to keep him?

[PK]

If we find similar success as Houston with Chad Morris, how much do you think we would be willing to pay to keep him?

What do you mean "we" paleface. Suggest you ask the Circle of Champions that question.

[Charleston Pony]

wonder what the buyout terms might be and whether he has an opt out for certain schools?

[smupony94]

$5,000,000 bonus if they go to a P5 conference

[Pony Boss]

Yes we would pay Chad especially if he gets us in a P5

[Charleston Pony]

nice to be able to use state funds

[NTXCoog]

wonder what the buyout terms might be and whether he has an opt out for certain schools?

$2.5 million buyout if before 2/2017. $2.25 million before 2/2019.

Reduced buyout related to indoor practice facility:
$2.5 million buyout to be reduced by 25 percent if the planned $20 million indoor facility project is not approved by the Board of Regents by Sept. 1, 2016
$2.25 million buyout to be reduced by 50 percent if construction of the indoor football practice facility is not at or near completion by Dec. 1, 2017
reduced by 75 percent if not moved into facility by Dec. 1, 2018

[NTXCoog]

$5,000,000 bonus if they go to a P5 conference

Technically it's not a P5 conference. It's being in a conference with annual TV revenue >$20million per member.

[coloradoStang]

That's an awesome buyout and bonus setup.

[SoCal_Pony]

CM $2M + $2M = $4M

TH $1.35M + $2.8M = $4.15M

Safe to say, if CM has meaningful success next season, he probably deserves $3M annually minimal, assuming we can retain him.

As for P5 incentives, we would be wise to offer him $20M (if structured properly)

[ontheedgeofmyseat]

Their AAC "mirror school", Memphis State, has to be saying _______ !?!

[leopold]

Their AAC "mirror school", Memphis State, has to be saying _______ !?!

They are:

http://csnbbs.com/thread-761669.html

But as I pointed out to them Houston has been down this road before and was smart enough to get in front of it this time.

[CalallenStang]

wonder what the buyout terms might be and whether he has an opt out for certain schools?

$2.5 million buyout if before 2/2017. $2.25 million before 2/2019.

Reduced buyout related to indoor practice facility:
$2.5 million buyout to be reduced by 25 percent if the planned $20 million indoor facility project is not approved by the Board of Regents by Sept. 1, 2016
$2.25 million buyout to be reduced by 50 percent if construction of the indoor football practice facility is not at or near completion by Dec. 1, 2017
reduced by 75 percent if not moved into facility by Dec. 1, 2018

This is a great setup as it keeps the school on track with facilities upgrades