Herman Signs New Deal @ UH

Harry0569 · Post by **Harry0569** » Fri Dec 04, 2015 9:47 am

ΓÇÅ@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 · Fri Dec 04, 2015 10:25 am

Good for The American.

PerunasHoof · Post by **PerunasHoof** » Fri Dec 04, 2015 10:44 am

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 · Post by PK » Fri Dec 04, 2015 11:34 am

PerunasHoof wrote: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 · Post by **Charleston Pony** » Fri Dec 04, 2015 12:03 pm

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

smupony94 · Post by **smupony94** » Fri Dec 04, 2015 12:06 pm

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

Pony Boss · Post by **Pony Boss** » Fri Dec 04, 2015 12:22 pm

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

Charleston Pony · Post by **Charleston Pony** » Fri Dec 04, 2015 12:24 pm

nice to be able to use state funds

NTXCoog · Post by **NTXCoog** » Fri Dec 04, 2015 1:16 pm

Charleston Pony wrote: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 · Post by **NTXCoog** » Fri Dec 04, 2015 1:21 pm

smupony94 wrote:$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 · Post by **coloradoStang** » Fri Dec 04, 2015 3:20 pm

That's an awesome buyout and bonus setup.

SoCal_Pony · Post by **SoCal_Pony** » Fri Dec 04, 2015 4:35 pm

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 · Post by **ontheedgeofmyseat** » Sun Dec 06, 2015 5:13 pm

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

leopold · Post by **leopold** » Sun Dec 06, 2015 6:08 pm

ontheedgeofmyseat wrote: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 · Post by **CalallenStang** » Sun Dec 06, 2015 6:19 pm

NTXCoog wrote:
Charleston Pony wrote: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

Herman Signs New Deal @ UH

Herman Signs New Deal @ UH

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