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Satt locked in for 5 years!

Posted: Fri May 19, 2017 12:33 pm
by scatman77

Re: Satt locked in for 5 years!

Posted: Fri May 19, 2017 12:36 pm
by Yosef10
"Locked in". But I would be interested to see the terms of the extension and if we have a buyout in there.

Re: Satt locked in for 5 years!

Posted: Fri May 19, 2017 12:38 pm
by HeffnerIV
You know there's a buyout. Plus, even if Satt leaves midterm he leaves the school with something to show for it, assuming it's a decent amount.

Re: Satt locked in for 5 years!

Posted: Fri May 19, 2017 12:40 pm
by NewApp
Anybody know how much his yearly salary is to be? The announcements usually tell, but not this one.

Re: Satt locked in for 5 years!

Posted: Fri May 19, 2017 12:58 pm
by /\PP ST/\TE GRAD 09
I doubt Satterfield is here in 5 years. If he continues this success it will be hard to turn down some of the offers thrown his way. Sometimes passing on offers can hurt future offers even from different schools. I am happy to have him now, and most excited about the 2017 season. What the future holds who knows. DG has impressed me enough already to feel comfortable that he would find a great replacement should the day come Satt leaves.

Re: Satt locked in for 5 years!

Posted: Fri May 19, 2017 1:01 pm
by AppStateNews
Wasn't he already under contract until 2020? His new contract goes to 2021. So my guess is its more of a restructuring for a higher salary.

Re: Satt locked in for 5 years!

Posted: Fri May 19, 2017 1:07 pm
by EastHallApp
AppStateNews wrote:Wasn't he already under contract until 2020? His new contract goes to 2021. So my guess is its more of a restructuring for a higher salary.
Correct on the years. I would agree with your guess on salary. Interested to see when those terms become available. Wonder if they might also include larger incentive bonuses. No info there, just speculating.

Re: Satt locked in for 5 years!

Posted: Fri May 19, 2017 1:09 pm
by CVAPP
EastHallApp wrote:
AppStateNews wrote:Wasn't he already under contract until 2020? His new contract goes to 2021. So my guess is its more of a restructuring for a higher salary.
Correct on the years. I would agree with your guess on salary. Interested to see when those terms become available. Wonder if they might also include larger incentive bonuses. No info there, just speculating.
I would assume Satt and his staff might have seen a little bump in pay. I also feel certain we did not lessen our position with regard to buyout dollars.

Re: Satt locked in for 5 years!

Posted: Fri May 19, 2017 1:25 pm
by firemoose
Satt is Trending on Twitter...

Trends
Anthony Weiner Michael Stipe #FridayFeeling #FlashbackFriday All-Star Ryan Fitzpatrick Scott Satterfield Bob Beckel
Don Yee #EndangeredSpeciesDay

Re: Satt locked in for 5 years!

Posted: Fri May 19, 2017 1:32 pm
by T-Dog
Yosef10 wrote:"Locked in". But I would be interested to see the terms of the extension and if we have a buyout in there.
We'll know in the next week.

Re: Satt locked in for 5 years!

Posted: Fri May 19, 2017 2:16 pm
by ericsaid
At least Satterfield and DG are setting up App State to be a desirable coaching destination for quality prospects beyond their tenure here.

Re: Satt locked in for 5 years!

Posted: Fri May 19, 2017 2:35 pm
by NewApp
firemoose wrote:Satt is Trending on Twitter...

Trends
Anthony Weiner Michael Stipe #FridayFeeling #FlashbackFriday All-Star Ryan Fitzpatrick Scott Satterfield Bob Beckel
Don Yee #EndangeredSpeciesDay

Weiner got some jail time. lol

Re: Satt locked in for 5 years!

Posted: Fri May 19, 2017 3:02 pm
by asu66
T-Dog wrote:
Yosef10 wrote:"Locked in". But I would be interested to see the terms of the extension and if we have a buyout in there.
We'll know in the next week.
Ja, you beat me to it. The university's legal-eagles and Scott's agent have to get all the commas in the right place on paper before the details are made public.

Re: Satt locked in for 5 years!

Posted: Fri May 19, 2017 4:26 pm
by HeffnerIV
Out of curiosity, who's his agent?

Re: Satt locked in for 5 years!

Posted: Fri May 19, 2017 7:00 pm
by WataugaMan
Thank you Coach Satterfield!!!! We APPreciate everything you have done and will continue to do. Go Apps!!!

Re: Satt locked in for 5 years!

Posted: Fri May 19, 2017 7:10 pm
by AZAppGrad
We are truly blessed!

Re: Satt locked in for 5 years!

Posted: Tue May 23, 2017 4:05 pm
by T-Dog
It's here.

http://www.appstatesports.com/fls/21500 ... M_ID=21500

$425,000 per year for the remainder of his contract. Previously, it went up 25k a year through 2020. So he's actually taking a base pay cut over time.

$600/month car allowance.

Monthly retention bonus of $12,500 (155k extra a year), which goes up to above $15,000 by 2021. Was around 10k previously.

Big thing is that he's pretty much now the centerpiece of the Yosef Club. Over $100,000 a year (and goes up each succesive year to $220,000 in 2021) in an "anual fund payment" in which he's contracted for at minimum 25 Yosef Club apperances a year.

Buyout is basically the same as before. The cost of that current year of his base salary.

Re: Satt locked in for 5 years!

Posted: Tue May 23, 2017 4:25 pm
by Saint3333
Very nice upgrade for Satt. Would love him to stay through it.

Not a very favorable buyout clause for the university.

Re: Satt locked in for 5 years!

Posted: Tue May 23, 2017 9:03 pm
by Rekdiver
Read his comments about security......it's important. BUT
Of course a 5 year $1mil+ a year from a P5 would make anyone secure.

Re: Satt locked in for 5 years!

Posted: Tue May 23, 2017 10:59 pm
by EastHallApp
Gillin is doing everything he can to make it tough for Satt to leave. That's all we can ask.