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Rich Rodriguez (official thread of last laughs)

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Rodriguez, Michigan finalize deal

New coach to earn $2.5 million annually over 6 years

ANN ARBOR, Mich. (AP) -- Rich Rodriguez agreed to six-year deal worth $2.5 million annually when he left West Virginia last month for Michigan.
The contract, which has not been finalized or signed, also includes a $4 million buyout. The terms of Rodriguez's deal were confirmed Sunday by school spokesman Bruce Madej.
West Virginia has sued Rodriguez to collect on a $4 million buyout clause in his contract with the Mountaineers.
When Rodriguez was introduced as Michigan's new coach on Dec. 17, school officials declined to comment on any details of the deal.
The Ann Arbor News reported Rodriguez signed a letter of intent on Dec. 16, the day before his first news conference in Ann Arbor, after obtaining several parameters of the contract through a public records request.

Entire article: SI.com - NCAA Football - Michigan to pay Rodriguez $2.5 million a season - Sunday January 20, 2008 1:23PM
 
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jwinslow;1070328; said:
bilde
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TP is probably wondering how long it will take to get the stench of pine tree air fresheners off his hand
 
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ScriptOhio;1071159; said:
Rodriguez, Michigan finalize deal

New coach to earn $2.5 million annually over 6 years

ANN ARBOR, Mich. (AP) -- Rich Rodriguez agreed to six-year deal worth $2.5 million annually when he left West Virginia last month for Michigan.
The contract, which has not been finalized or signed, also includes a $4 million buyout. The terms of Rodriguez's deal were confirmed Sunday by school spokesman Bruce Madej.
West Virginia has sued Rodriguez to collect on a $4 million buyout clause in his contract with the Mountaineers.
When Rodriguez was introduced as Michigan's new coach on Dec. 17, school officials declined to comment on any details of the deal.
The Ann Arbor News reported Rodriguez signed a letter of intent on Dec. 16, the day before his first news conference in Ann Arbor, after obtaining several parameters of the contract through a public records request.

Entire article: SI.com - NCAA Football - Michigan to pay Rodriguez $2.5 million a season - Sunday January 20, 2008 1:23PM
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How much was he making at WVU??
 
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Jaxbuck;1071202; said:
Ok, just at first glance that isn't much of a raise, especially with that pesky little 4M still hanging around out there.
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Not much of an increase on second glance.

The biggest thing he has going is that the buy out decreases by 500K per annum.

His base is pretty small - much of the other compensation comes from secondary income

Then again Lloyd Carr was reputedly only coining $1.6 Million per year..

Wasn't it jwins who suggested that TSUN payed poorly.
 
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Inconvenient Truths - It's Not All Black & White

Magee Race Card not Played by WVU - Magee Took Himself Out of Consideration

Last week Rodriguez charged there were “falsehoods, inaccuracies and innuendo” coming out of West Virginia. Now “Team Rodriguez” has decided it is time to play “the race card.”

In Magee’s eyes, he was passed over as a real candidate for the head coaching job that went to his fellow assistant, Bill Stewart, because of the color of his skin, according to the story in the P-G.

Right! That was it. Sure. We all should have known it was a racial thing.

It couldn’t have had anything to do with Magee getting on a chartered jet with Rodriguez and defensive backfield coach and recruiting coordinator Tony Gibson to fly to Michigan the day after Rodriguez was announced as that school’s new coach.

No, this show of support for Rodriguez, leading to the assumption that Magee was signed, sealed and delivered as a Michigan assistant, didn’t matter at all.

As WVU Athletic Director Ed Pastilong said incredulously Sunday after having been made aware of the article, “[Calvin Magee] virtually pulled himself out of consideration when he went up there.”

The assumption Magee was leaving WVU was so strong that the Michigan papers wrote that his presence at the press conference signaled the imminent firing of the incumbent offensive coordinator and the Ann Arbor News’ coverage of the introductory press conference took it a step further:

“Rodriguez also introduced offensive coordinator and assistant head coach Calvin Magee and secondary coach and recruiting coordinator Tony Gibson, who are coming with him from West Virginia.”

That was the first straw – and the last – as far as any candidacy Magee had for the coaching job.
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So, Magee was presumptive OC at TSUN - but that means WVU black-balled him, OK Mr. Brown :shake:
 
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Buckin' A;1071383; said:
How is Dick Rod going to get around his buy out clause? Isn't he going to work for the first year and a half for free since he should have to pay that?
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If the buy out clause is upheld (by the contract being upheld) it required three payments, one per year. The first third to be paid this month.
 
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