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Georgia Tech Athletics
Georgia Tech Football
Mostly “Fire Geoff Collins”, some reminiscing, maybe bourbon or other distractions
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<blockquote data-quote="Vespidae" data-source="post: 835638" data-attributes="member: 2957"><p>I was thinking about this earlier today. Geoff's buyout decreases after Year 5. So we have him for two more years after this REGARDLESS of his W-L record. That's because if we fire him, we would have to pay 100% of his contract. It only becomes an option after Year 5, when the buyout is $2.4M a year. So, if we fired him after Year 5, we would have to pay him $4.8M no matter what. </p><p></p><p>Here is what I think is going to happen. He will coach through Year 5. Rather than fire him, the AA will renegotiate the buyout create a new position (who knows what?) and give him a 10-year deal at $480K a year, plus incentives. I don't see him moving to another major program, but he could go to an Arkansas State or South Alabama. Restructuring the last two years will help Tech and any other program that might want to hire him. I think he enjoys the job but ... not the coaching part. So give him what he always wanted ... to be the college GM of a football program.</p></blockquote><p></p>
[QUOTE="Vespidae, post: 835638, member: 2957"] I was thinking about this earlier today. Geoff's buyout decreases after Year 5. So we have him for two more years after this REGARDLESS of his W-L record. That's because if we fire him, we would have to pay 100% of his contract. It only becomes an option after Year 5, when the buyout is $2.4M a year. So, if we fired him after Year 5, we would have to pay him $4.8M no matter what. Here is what I think is going to happen. He will coach through Year 5. Rather than fire him, the AA will renegotiate the buyout create a new position (who knows what?) and give him a 10-year deal at $480K a year, plus incentives. I don't see him moving to another major program, but he could go to an Arkansas State or South Alabama. Restructuring the last two years will help Tech and any other program that might want to hire him. I think he enjoys the job but ... not the coaching part. So give him what he always wanted ... to be the college GM of a football program. [/QUOTE]
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Home
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Georgia Tech Athletics
Georgia Tech Football
Mostly “Fire Geoff Collins”, some reminiscing, maybe bourbon or other distractions
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