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General News about Key and his Staff
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<blockquote data-quote="Jacket05" data-source="post: 921537" data-attributes="member: 2642"><p>I agree "wouldn't" is more accurate. From what I have read we were not willing to pay larger GUARANTEED salary, but that doesn't mean we were not willing to pay a larger total compensation. We got burned with the significant underperformance of the last contract and payed a lot of money for negaitive results. Therefore, Batt is basically saying put your money where your mouth is. If you succeed here you will get paid well in performance incentives, and if you don't we aren't crippling ourselves with your contract. Key is the only one that is willing to bet on himself, which also means he has more at stake to do what is needed to succeed.</p><p></p><p>This strategy is great cause if the coach is successful you (ideally) get more money flowing into the program and are able to pay them more to keep them or pay the next coach if they move on. If they are not you save money and are in a much better position to spend more on the following replacement coach.</p></blockquote><p></p>
[QUOTE="Jacket05, post: 921537, member: 2642"] I agree "wouldn't" is more accurate. From what I have read we were not willing to pay larger GUARANTEED salary, but that doesn't mean we were not willing to pay a larger total compensation. We got burned with the significant underperformance of the last contract and payed a lot of money for negaitive results. Therefore, Batt is basically saying put your money where your mouth is. If you succeed here you will get paid well in performance incentives, and if you don't we aren't crippling ourselves with your contract. Key is the only one that is willing to bet on himself, which also means he has more at stake to do what is needed to succeed. This strategy is great cause if the coach is successful you (ideally) get more money flowing into the program and are able to pay them more to keep them or pay the next coach if they move on. If they are not you save money and are in a much better position to spend more on the following replacement coach. [/QUOTE]
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