HC "Completion Bonus" new contract wrinkle?

[Myles Fynch]

As mentioned on ESPN radio today by a guest on Colin Cowherd's show... a guy brought up the idea that if you make a head coach's contract escape proof, you may scare some guys off. So you tack a "completion bonus" on the contract that gives the guy a hefty bonus for seeing his contract through to the end instead of jumping early.

Not a new idea (we got one years ago for sticking with a summer job till Labor Day) but an important one since Saban's departure.

Should Wayne zero in on a guy he really likes, but has some reservations about how long he might stick with the job, this might be an answer. Now a team competing for our next coach's services wouldn't just have to beat his current deal in salary, they'd have to beat the completion bonus as well.

Doesn't make the contract "escape proof", but dangles a carrot in front of a guy who might be "listening" to offers instead of coaching our team.

Thoughts...?

 

[TheJetsBlow]

It's sad when you have to offer a monetary incentive to someone to make them honor their word.

 

[Myles Fynch]

It's sad when you have to offer a monetary incentive to someone to make them honor their word.

:yeahthat:

Unfortunately, it might be a phrase we hear more of in the future. There already is a "signing bonus" to entice you to begin a contract, now a "completion bonus" to see that you finish it.

 

[csonk39]

This would only work if the owner must pay the bonus if he fires the coach before his contract is up. I assume that's the case.

Also, a competing team with a lot of money could easily pay it off if they really wanted the guy.

 

[CitizenSnips]

This would only work if the owner must pay the bonus if he fires the coach before his contract is up. I assume that's the case.

Also, a competing team with a lot of money could easily pay it off if they really wanted the guy.

Then we'd get draft picks...

 

[slyfox13]

It's sad when you have to offer a monetary incentive to someone to make them honor their word.

Youve stolen my words, my friend, that was my first thought!