How far he has fallen. Slick Willie took the FAU job for less money than Marcus Arroyo earned at Oregon. I know he still gets paid by FSU but this has to be a blow to his giant sized ego. I also confess to being petty and vindictive.
Wednesday evening, Florida Atlantic announced that Taggart had been hired as its next head football coach. As of this posting, FAU has yet to release the financial particulars of Taggart’s deal with the university.
At least a portion of that info, though, has now been made public.
Steve Berkowitz
✔
@ByBerkowitz
Willie Taggart contract with FAU is for 5 years at $750,000 basic pay annually, plus $25,000 annual retention payment, so $775,000 total, per document from school
8:22 AM - Dec 12, 2019
For perspective, the man Taggart is replacing, new Ole Miss head coach Lane Kiffin, was paid $1.432 million in guaranteed compensation for 2019.
maxduck wrote:How far he has fallen. Slick Willie took the FAU job for less money than Marcus Arroyo earned at Oregon. I know he still gets paid by FSU but this has to be a blow to his giant sized ego. I also confess to being petty and vindictive.
Wednesday evening, Florida Atlantic announced that Taggart had been hired as its next head football coach. As of this posting, FAU has yet to release the financial particulars of Taggart’s deal with the university.
At least a portion of that info, though, has now been made public.
Steve Berkowitz
✔
@ByBerkowitz
Willie Taggart contract with FAU is for 5 years at $750,000 basic pay annually, plus $25,000 annual retention payment, so $775,000 total, per document from school
8:22 AM - Dec 12, 2019
For perspective, the man Taggart is replacing, new Ole Miss head coach Lane Kiffin, was paid $1.432 million in guaranteed compensation for 2019.
I could be wrong, but I don't think it matters how much FAU pays him. Anything he gets paid by FAU is removed the buyout that FSU owes him. So, in a way collecting a lower salary from FAU is an FU (not that they could have necessarily paid him more) to FSU as they have to continue to pay him more money from the buyout.
Payments from FAU reduce the amount Florida State must pay. It is standard contract language, much like the requirement the terminated party must seek gainful employment.
maxduck wrote:Payments from FAU reduce the amount Florida State must pay. It is standard contract language, much like the requirement the terminated party must seek gainful employment.
maxduck wrote:Payments from FAU reduce the amount Florida State must pay. It is standard contract language, much like the requirement the terminated party must seek gainful employment.
Is it a reduction of 100%?
Salary is usually a dollar for dollar reduction. Not sure about bonuses, a retention bonus probably is included or the contract would be for a $25,000 salary with a $750,000 retention. A performance incentive likely is excluded as it would negate the purpose.
Some other Coordinator moves:
Arizona hires UCLA DB coach/former Iowa State HC Paul Rhoads as DC
Herm Edwards at ASU promotes his CB coach/defensive passing game coordinator Tony White to DC
Texas hires former tOSU DC and former Rutgers HC Chris Ash as DC
Washington fires OC Bush Hamdan
Arkansas hired former Mizzou HC Barry Odom as DC and Kendal Briles as OC
Miami fires Dan Enos as its OC
Minnessota OC Kirk Ciarrocca is headed to Penn State to be their new OC
tOSU OC Mike Yurcich is headed to Texas to be its new OC
USC is firing Clancy Pendergast
Vanderbilt is firing both its OC and DC