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Topic:  (OT) Helping the players union

Topic:  (OT) Helping the players union
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Pataskala
General User

Member Since: 7/8/2010
Location: At least six feet away from anybody else
Post Count: 9,365

Status: Offline
  Message Not Read  (OT) Helping the players union
   Posted: 3/25/2014 8:02:22 PM 
Gene Smith gets a bonus every time O$U gets a national title of ANY kind.  He got 18 grand because an O$U wrestler won an individual title this week.  The player gets a laurel and hardy handshake.  Fan the flames, Gene.

We will get by.
We will get by.
We will get by.
We will survive.
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The Pessimist
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Member Since: 3/12/2005
Location: Allentown, PA
Post Count: 145

Status: Offline
  Message Not Read  RE: (OT) Helping the players union
   Posted: 3/25/2014 10:22:19 PM 
Section 3.0 of his contract is telling.

3.1 Salary.  Ho hum.
3.2 Media stipend.  Ho hum.
3.3  Athletic Achievements.. up to 12% annual bonus for the most important thing in college sports: winning.
3.4  Academic achievement, up to a 6% annual bonus for the second most important thing in college sports: educating.
3.5  Business achievement, up to 5% annual bonus for the third most important thing in college sports: making money.
3.6 Longevity achievement, some amount for the least important thing in college sports: staying loyal.

So $1MM salary and bonus potential of about 25%.  For the VP of a $5.25 billion/yr company.  That isn't outrageous.  Proportionally, the salary is pretty heavy relative to the bonus if compared to industry.

[Edit for typo]

Last Edited: 3/25/2014 10:23:00 PM by The Pessimist
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RSBobcat
General User



Member Since: 8/22/2010
Location: Columbus, OH
Post Count: 4,437

Status: Offline
  Message Not Read  RE: (OT) Helping the players union
   Posted: 3/25/2014 11:51:27 PM 
I'm more concerned about the BIGs "CARTEL"..............

RS Bobcat

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