Coach Talk

[dskurz]

 

 

[Huskerpapa]

 

 

Well yep.  But he is ours and I think we are going to keep him for awhile.

[AuroranHusker]

That's as big of a compliment that you could get for a coach... #mancrush. 

[Bugeaters1]

 

 

 

Well yep.  But he is ours and I think we are going to keep him for awhile.

 

When I mention the words contract extention people go into hemorrhage mood. Am I right or wrong in thinking Miles contract should extened.

[nebrasketball10]

https://twitter.com/BTNBrentYarina/status/437718507623424000

https://twitter.com/BTNBrentYarina/status/437719363974483969

Well yep. But he is ours and I think we are going to keep him for awhile.

When I mention the words contract extention people go into hemorrhage mood. Am I right or wrong in thinking Miles contract should extened.

His initial contract was 7 years. That's pretty lengthy for college hoops. Would hope he gets a raise this summer if we keep this up.

[AuroranHusker]

If NU gets to the dance, then NU will have to do something to keep the suitors at bay!

[brfrad]

https://twitter.com/BTNBrentYarina/status/437718507623424000

https://twitter.com/BTNBrentYarina/status/437719363974483969

Well yep. But he is ours and I think we are going to keep him for awhile.

When I mention the words contract extention people go into hemorrhage mood. Am I right or wrong in thinking Miles contract should extened.

His initial contract was 7 years. That's pretty lengthy for college hoops. Would hope he gets a raise this summer if we keep this up.

When we win am NCAA tournament game, he will be getting a lifetime contract.

[HuskerFever]

 

 

 

 

Well yep. But he is ours and I think we are going to keep him for awhile.

When I mention the words contract extention people go into hemorrhage mood. Am I right or wrong in thinking Miles contract should extened.

His initial contract was 7 years. That's pretty lengthy for college hoops. Would hope he gets a raise this summer if we keep this up.

 

 

Anybody know what his benefit/award structure is?

[Bugeaters1]

This is all I found on his contract, And it was a five year contract with a rollover the sixth year.

http://espn.go.com/mens-college-basketball/story/_/id/7729430/nebraska-cornhuskers-hire-tim-miles-colorado-state-rams-coach

[nuled2dance]

With us keeping Bo we have plenty of cash to offer this staff! Pay him an send a message to every other university he is our coach so don't bother calling

[nebrasketball10]

He would get $75k for 20 wins, $50k for conference COTY, and $150k for NCAA appearance with incremental bonuses for each win

[nebrasketball10]

Would get $75k for NIT appearance, with additional incentives for NIT Final Four and winning it.

His whole contract is available in PDF form at omaha.com

[Bugeaters1]

Would get $75k for NIT appearance, with additional incentives for NIT Final Four and winning it.

His whole contract is available in PDF form at omaha.com

And you didn't link it.

[nebrasketball10]

This is all I found on his contract, And it was a five year contract with a rollover the sixth year.

http://espn.go.com/mens-college-basketball/story/_/id/7729430/nebraska-cornhuskers-hire-tim-miles-colorado-state-rams-coach

The contract period is April of 2012 to March of 2019.

[nebrasketball10]

Would get $75k for NIT appearance, with additional incentives for NIT Final Four and winning it.

His whole contract is available in PDF form at omaha.com

And you didn't link it.

I (kinda) tried, but I'm on my phone using Southwest Airline's ridiculously slow wifi. It's a first-page Google result, though.

[nebrasketball10]

Would get $75k for NIT appearance, with additional incentives for NIT Final Four and winning it.

His whole contract is available in PDF form at omaha.com

And you didn't link it.

I (kinda) tried, but I'm on my phone using Southwest Airline's ridiculously slow wifi. It's a first-page Google result, though.

[HuskerFever]

With us keeping Bo we have plenty of cash to offer this staff! Pay him an send a message to every other university he is our coach so don't bother calling

 

High risk, high reward.

[nuled2dance]

I need some incentives with pay like this in my work contract;)

Go get them tim...the university wants to cash that check!

[hhcmatt]

http://dataomaha.com/documents/tim-miles-contract

 

Miles will see a one-time pay bump for each of the following achievements: $150,000 for an NCAA bid, and additional amounts for any NCAA tournament wins (for example, $30,000 for first round up to $300,000 for a national championship); $75,000 for an NIT bid, or as much as $150,000 for an NIT Final Four or $175,000 for an NIT title. $75,000 for any 20-win seasons, including postseason play. $50,000 for a top-four finish in the Big Ten regular season and $50,000 for making the Big Ten tournament semifinals. Championships in either would net $100,000. $50,000 for being named Big Ten coach of the year and $100,000 for national coach of the year.

 

 

Miles stands to add a huge bump to his base salary by winning out.

Also, it would seem that he might make extra money by only making a NIT if he has already hit the NCAA bonus money.

[Bugeaters1]

http://dataomaha.com/documents/tim-miles-contract

 

Miles will see a one-time pay bump for each of the following achievements: $150,000 for an NCAA bid, and additional amounts for any NCAA tournament wins (for example, $30,000 for first round up to $300,000 for a national championship); $75,000 for an NIT bid, or as much as $150,000 for an NIT Final Four or $175,000 for an NIT title. $75,000 for any 20-win seasons, including postseason play. $50,000 for a top-four finish in the Big Ten regular season and $50,000 for making the Big Ten tournament semifinals. Championships in either would net $100,000. $50,000 for being named Big Ten coach of the year and $100,000 for national coach of the year.

 

 

Miles stands to add a huge bump to his base salary by winning out.

Also, it would seem that he might make extra money by only making a NIT if he has already hit the NCAA bonus money.

So it's the typical contract, But did it say what the buyout was ? If it did I missed it.

[nebrasketball10]

http://dataomaha.com/documents/tim-miles-contract

Miles will see a one-time pay bump for each of the following achievements: $150,000 for an NCAA bid, and additional amounts for any NCAA tournament wins (for example, $30,000 for first round up to $300,000 for a national championship); $75,000 for an NIT bid, or as much as $150,000 for an NIT Final Four or $175,000 for an NIT title. $75,000 for any 20-win seasons, including postseason play. $50,000 for a top-four finish in the Big Ten regular season and $50,000 for making the Big Ten tournament semifinals. Championships in either would net $100,000. $50,000 for being named Big Ten coach of the year and $100,000 for national coach of the year.

Miles stands to add a huge bump to his base salary by winning out.

Also, it would seem that he might make extra money by only making a NIT if he has already hit the NCAA bonus money.

Thanks.

Winning out would add an additional $150k for winning the Big Ten Tournament and $300k for the National Champions banner (going from memory here).

[HuskerFever]

A potential of $275,000 bonus (minimum?) this year for Miles? I'm not even jealous. This man deserves it. Good for him!!

 

($75K for 20 wins: possible, $150K for a tournament appearance: possible, $50K for B1G COTY: probable)

[Ron Mexico]

Hopefully our AD has time in his schedule to meet with him without the use of a middle man.

[hhcmatt]

 

http://dataomaha.com/documents/tim-miles-contract

 

Miles will see a one-time pay bump for each of the following achievements: $150,000 for an NCAA bid, and additional amounts for any NCAA tournament wins (for example, $30,000 for first round up to $300,000 for a national championship); $75,000 for an NIT bid, or as much as $150,000 for an NIT Final Four or $175,000 for an NIT title. $75,000 for any 20-win seasons, including postseason play. $50,000 for a top-four finish in the Big Ten regular season and $50,000 for making the Big Ten tournament semifinals. Championships in either would net $100,000. $50,000 for being named Big Ten coach of the year and $100,000 for national coach of the year.

 

 

Miles stands to add a huge bump to his base salary by winning out.

Also, it would seem that he might make extra money by only making a NIT if he has already hit the NCAA bonus money.

So it's the typical contract, But did it say what the buyout was ? If it did I missed it.

 

 

 

 

Miles would owe the university $1 million if he resigned on or before March 31, 2013, and that figure would decrease by $100,000 each year thereafter.

 

 

 

Should Miles be terminated without cause at any point during his contract, he would be owed $75,000 per month for the remainder of the agreement. However, there is a clause for mitigated damages that would decrease those payments if Miles were to find new employment at a certain salary level.

[Bugeaters1]

 

 

http://dataomaha.com/documents/tim-miles-contract

 

Miles will see a one-time pay bump for each of the following achievements: $150,000 for an NCAA bid, and additional amounts for any NCAA tournament wins (for example, $30,000 for first round up to $300,000 for a national championship); $75,000 for an NIT bid, or as much as $150,000 for an NIT Final Four or $175,000 for an NIT title. $75,000 for any 20-win seasons, including postseason play. $50,000 for a top-four finish in the Big Ten regular season and $50,000 for making the Big Ten tournament semifinals. Championships in either would net $100,000. $50,000 for being named Big Ten coach of the year and $100,000 for national coach of the year.

 

 

Miles stands to add a huge bump to his base salary by winning out.

Also, it would seem that he might make extra money by only making a NIT if he has already hit the NCAA bonus money.

So it's the typical contract, But did it say what the buyout was ? If it did I missed it.

 

 

 

 

Miles would owe the university $1 million if he resigned on or before March 31, 2013, and that figure would decrease by $100,000 each year thereafter.

 

 

 

Should Miles be terminated without cause at any point during his contract, he would be owed $75,000 per month for the remainder of the agreement. However, there is a clause for mitigated damages that would decrease those payments if Miles were to find new employment at a certain salary level.

 

Is a million enough, Seems a little light to me.