Great work by Dolson. I’ve slowly come around to the realization that I’ve really misjudged him as an AD. It’s also become clearer by the day just how sabotaged and hamstrung he has been on the basketball front.
Cig Agrees to New Contract!
- Thread starter Tammany Hall
- Start date
No, the negotiators wouldn't. The figures reflect anticipated damages if the other side breaches, which are driven by completely different concerns.
The cost for IU buying out Cig will be higher at the beginning of the contract, because he wants to incentivize IU to let him build his program over 3 or more years, and would want that commitment as a requirement to leave his successful and (relatively) high paying job at JMU.
The cost for Cig paying us to leave would usually be lower in an initial contract, because there isn't a lot of demand for our coaches at big time high major schools, so there wasn't a lot of fear that he'd get poached after one season, given our history and expectations this year.
Of course, we are having a once in a lifetime type season, so that fear went up quite a bit in the last 6 weeks, which drove the need to tear up a 6 year contract after about 11 months and redo the numbers.
For example, if we fired Cig yesterday, we'd owe him 20 million. But if he resigned yesterday, he'd owe us 8 million. Quite a big difference.
Toward the end of the contract the numbers get closer, but no one cares about the numbers at the end because everyone hopes it works out and the contract gets reworked before then anyway, and neither side expects that any coach would be working in the last year or two of his contract without an extension, because of recruiting.
Coach Cig is one in a million for Indiana. We need to do all we can for continued success.
Yep, I get it. Kinda wild we are paying a guy 9 mil a year to coach football, but that's the market these days, and all the upheaval in college sports, especially with realignment and what happened to Washington State and Oregon State requires us to do everything required to be successful.
I have an in-law that works in the IU Bursars office. She may very well be working on those Cig numbers at the moment! I know she has worked on some of Colts QB Anthony Richardsons IU financials. I guess he is secretly taking some IU classes!
Kudos to you for this post.
Not many would admit it!
And I agree with you that the basketball hire just doesn't fall in line with Scott's other decisions.
I see Cig was in College Game day. They asked him about his commitment to IU, he replied "I'm at an emerging power in College Football. Why would I Leave?"
I was talking about people saying he was leaving for those Florida schools. I’ve been calling them on it all morning.
Sports Illustrated says $17 million if we fire him after one season. The other stuff checks out.
I don't disbelieve you. Different sources can say different things. If you went to contracts then my hats off to you.
Curt Cignetti Given Standing Ovation By Fans At Radio Show
Largest turnout of the season comes out to listen to Curt Cignetti at the last live show of the season.
Now you'll be hearing that we overpaid, and had to because we're Indiana, and their school's real target is ##### who is more proven.
Curt Cignetti on Big Noon Kickoff regarding his contract extension:
“The fact of the matter is, we’re the emerging super power in college football. Why would I leave?"
I love that guy
“The fact of the matter is, we’re the emerging super power in college football. Why would I leave?"
I love that guy
Already happening. The Florida schools overspent and can’t move on from those coaches. FSU literally just fired every coordinator and had to spend to do it. ACC is so broke right now.
