Strong Contract

[206BULL]

5 years $9.6 mil. Years 1 and 2 at $1 mil each which means $2.6 mil a year for years 3-5. Assistant pool is $1.66 mil this year and goes up to $3.4 mil for years 4 and 5. $2.5 mil buyout through next Year and then $1.7 for the remainder it looks like.

 

 

All numbers per Joeys Twitter.

 

 

[El_Toro_86]

Is 1.66 mill an upgrade over current assistant pool?

[Skingraft]

****... I like it

[MMW]

4 minutes ago, 206BULL said:

5 years $9.6 mil. Years 1 and 2 at $1 mil each which means $2.6 mil a year for years 3-5. Assistant pool is $1.66 mil this year and goes up to $3.4 mil for years 4 and 5. $2.5 mil buyout through next Year and then $1.7 for the remainder it looks like.

So it looks like we were able to back load it and Texas found that acceptable?  Solid.

[FatDaddyBull]

Surprised they were able to backload the contract like we all hoped. More than double the asst pool over 3 years is very nice too.  

[tau.reanb]

So his total comp for years 1 and 2 is something in the neighborhood of 4.5 million because of his Texas buyout? They're entitled to half of his new salary, right? 

Looks like a good deal for us. Gives us some time to put away some cash for a huge extension if he does well by year 3. 

[Brad]

$2.4 mil today for assts

odd

[Brad]

Those Tex assts must have some guarantees too

[bullsmeanbusiness]

Just now, tau.reanb said:

So his total comp for years 1 and 2 is something in the neighborhood of 4.5 million because of his Texas buyout? They're entitled to half of his new salary, right? 

Looks like a good deal for us. Gives us some time to put away some cash for a huge extension if he does well by year 3. 

Correct, so his base pay for years 1 & 2 is 500K. 

[MMW]

1 minute ago, FatDaddyBull said:

Surprised they were able to backload the contract like we all hoped. More than double the asst pool over 3 years is very nice too.  

Some of his assistance have a similar contract to Strong so we are likely back loading their contracts as well.