Satterfield's contract extended!!!

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ASUTodd
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Satterfield's contract extended!!!

Unread post by ASUTodd » Fri Sep 21, 2018 1:52 pm



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Re: Satterfield's contract extended!!!

Unread post by ComebackShack » Fri Sep 21, 2018 2:39 pm

Well deserved


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Re: Satterfield's contract extended!!!

Unread post by AppFan11 » Fri Sep 21, 2018 2:40 pm

Yea DG doing what he can... putting best foot forward. However it won’t matter when the right P5 school comes calling then Scott will have his suitor. It’s a matter of time. We are fortunate to have him as long as we can.



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Re: Satterfield's contract extended!!!

Unread post by ComebackShack » Fri Sep 21, 2018 2:45 pm

Why not give him a 5-10 year extension? That way the buyout will be huge.


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Re: Satterfield's contract extended!!!

Unread post by Rekdiver » Fri Sep 21, 2018 3:12 pm

ComebackShack wrote:
Fri Sep 21, 2018 2:45 pm
Why not give him a 5-10 year extension? That way the buyout will be huge.
In this case who knows? Maybe they offered and all Scott and his agent would agree to was a total of 5 years?
Is the contract public record? I’d really like to read it.



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Re: Satterfield's contract extended!!!

Unread post by App91 » Fri Sep 21, 2018 3:19 pm

Think he did us a solid here. Just makes his Buyout that much more, which in turn helps us when he does decide its time to move on.



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Re: Satterfield's contract extended!!!

Unread post by pmunz » Fri Sep 21, 2018 3:36 pm

Glad the extension is in place, but I feel like it is a recurring theme to have this every year. Hope he got paid!



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Re: Satterfield's contract extended!!!

Unread post by bigdaddyg » Fri Sep 21, 2018 3:41 pm

Obviously big time coaching contracts are WAY out of hand. I realize that big time programs bring in big time money. Unfortunately with App there is a limit since we don’t have a TV contract, home games only bring in so much and our bowl game opportunities are what they are. Hopefully Satt is being nicely compensated and he is happy with his current situation.



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Re: Satterfield's contract extended!!!

Unread post by HighlandsApp » Fri Sep 21, 2018 4:51 pm

App91 wrote:
Fri Sep 21, 2018 3:19 pm
Think he did us a solid here. Just makes his Buyout that much more, which in turn helps us when he does decide its time to move on.
that was my first thought also....



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Re: Satterfield's contract extended!!!

Unread post by HighlandsApp » Fri Sep 21, 2018 4:54 pm

who knows, Mark Ricks was made a trustee today. Maybe he decided Satt needed a pay bump and wrote another check. Thank you for your contributions to our university, Mr. Ricks!



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Re: Satterfield's contract extended!!!

Unread post by NewApp » Fri Sep 21, 2018 4:55 pm

ComebackShack wrote:
Fri Sep 21, 2018 2:45 pm
Why not give him a 5-10 year extension? That way the buyout will be huge.
That could be risky for us. Suppose in year 5 or 6 of a 10 year contract, he has a few bad seasons. We would be stuck with him for the remainder of the 10 year contract and possibly have to pay him for the years after we release him as well as paying the new coach his salary and benefits..


Gonzo said: "His high school-aged kids will forgive him for making them move when they park their brand new porches at Chapel Hill High School."

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Re: Satterfield's contract extended!!!

Unread post by NewApp » Fri Sep 21, 2018 5:02 pm

Is Scott's salary and benefits locked in for the 5 years or can he get raises during that interim?


Gonzo said: "His high school-aged kids will forgive him for making them move when they park their brand new porches at Chapel Hill High School."

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Re: Satterfield's contract extended!!!

Unread post by bigdaddyg » Fri Sep 21, 2018 5:04 pm

NewApp wrote:
Fri Sep 21, 2018 4:55 pm
ComebackShack wrote:
Fri Sep 21, 2018 2:45 pm
Why not give him a 5-10 year extension? That way the buyout will be huge.
That could be risky for us. Suppose in year 5 or 6 of a 10 year contract, he has a few bad seasons. We would be stuck with him for the remainder of the 10 year contract and possibly have to pay him for the years after we release him as well as paying the new coach his salary and benefits..
Assuming we stay in the Belt the wheels would absolutely have to fall off for our program to tank. We seem to remain a desirable school for recruits and Charlotte has a long way to go to dent our base



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Re: Satterfield's contract extended!!!

Unread post by jm18668 » Fri Sep 21, 2018 5:16 pm

Here is a link to the previous contract that he signed. I would expect new one to be very similar

Base salary of $425K each year, with monthly retention bonuses escalating along with annual fund payments as well. Buyout was only one year of current base salary ($425K) due within 30 days. Only restriction is he couldn't move within our conference.

https://hkm.com/football/contracts/scott-satterfield/


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Re: Satterfield's contract extended!!!

Unread post by NewApp » Fri Sep 21, 2018 5:30 pm

bigdaddyg wrote:
Fri Sep 21, 2018 5:04 pm
NewApp wrote:
Fri Sep 21, 2018 4:55 pm
ComebackShack wrote:
Fri Sep 21, 2018 2:45 pm
Why not give him a 5-10 year extension? That way the buyout will be huge.
That could be risky for us. Suppose in year 5 or 6 of a 10 year contract, he has a few bad seasons. We would be stuck with him for the remainder of the 10 year contract and possibly have to pay him for the years after we release him as well as paying the new coach his salary and benefits..
Assuming we stay in the Belt the wheels would absolutely have to fall off for our program to tank. We seem to remain a desirable school for recruits and Charlotte has a long way to go to dent our base
It can happen to the best of programs. Look at Nebraska.


Gonzo said: "His high school-aged kids will forgive him for making them move when they park their brand new porches at Chapel Hill High School."

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Re: Satterfield's contract extended!!!

Unread post by NewApp » Fri Sep 21, 2018 5:34 pm

jm18668 wrote:
Fri Sep 21, 2018 5:16 pm
Here is a link to the previous contract that he signed. I would expect new one to be very similar

Base salary of $425K each year, with monthly retention bonuses escalating along with annual fund payments as well. Buyout was only one year of current base salary ($425K) due within 30 days. Only restriction is he couldn't move within our conference.

https://hkm.com/football/contracts/scott-satterfield/

This, too::Competitive Scheduling Bonus: $10,000
Monthly Retention Bonus: $14,416
Annual Fund Payment: $160,000
Supplememtal Bonus: $87,500(in Academic term)
$168,000 (in Non Academic term)
Gross Ticket Revenue: $10,000


Gonzo said: "His high school-aged kids will forgive him for making them move when they park their brand new porches at Chapel Hill High School."

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Re: Satterfield's contract extended!!!

Unread post by ASU85Grad » Fri Sep 21, 2018 5:47 pm

Does he also get funds to distribute to his assistant coaches, or how does this work?



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Re: Satterfield's contract extended!!!

Unread post by hotrod2001 » Fri Sep 21, 2018 5:48 pm

We just need to keep doing what we've been doing. We're fortunate to have a HC who is coaching the very same team he played on a few years back. I'd like to think that loyalty to his Alma Mater goes a long way over a guy we just hired from somewhere else. And hopefully that means he won't leave his Alma Mater for just ANY P6 (I know he was on the short list of AAC schools the last few years too).

So hopefully he continues to build our team up so that in the event he does decide to leave, the program as a whole continues to be an attractive P5 school where candidates and potential recruits will want to come and continue the program's success.



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Re: Satterfield's contract extended!!!

Unread post by appstate77 » Fri Sep 21, 2018 6:00 pm

This is why he got the high powered agent.



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Re: Satterfield's contract extended!!!

Unread post by appstatealum » Fri Sep 21, 2018 6:33 pm

Love it. At least it muddied the waters for potential suitors. Scott clearly won't be wooed by any worthless P5 who thinks their "P5" moniker will lure him away.



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