https://twitter.com/CraigHaley/statu...73477329195008James Madison has signed football coach Mike Houston to a 10-year extension through the 2027 season. #FCS
http://jmusports.com/news/2017/12/12...-football.aspx
https://twitter.com/CraigHaley/statu...73477329195008James Madison has signed football coach Mike Houston to a 10-year extension through the 2027 season. #FCS
http://jmusports.com/news/2017/12/12...-football.aspx
NDSU to the FBS always. In all ways.
That buyout must be quite low. If he's supposedly being talked about for FBS jobs why would he sign for 10 years if he can't get out fairly easy?
The years mean very little. Bohl signed his 8 year extension in January of '13... was gone less than a year later.
He gone!
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JMU to FBS
McFeely with some of the details of the new contract....
The basics are this:
- Houston’s base salary will be $390,113 per year, with the possibility of raises but nothing guaranteed.
- He will be paid $50,000 if he is still head coach of James Madison on Feb. 1, 2018.
- He will receive $125,000 per year through the length of the contract for media and fundraising appearances, paid for by private donations.
- If Houston resigns to take another coaching job, he will owe the school a buyout based on when he resigns and the school he goes to.
The buyout looks like this:
- If Houston resigns prior to Jan. 31, 2020: Payment to the university of $500,000 for a Conference USA, Mountain West, Mid-American Conference or Sun Belt institution; $750,000 for an American Athletic Conference institution; and $1 million for a Power Five conference member.
- If Houston resigns between Feb. 1, 2020 and Jan. 31, 2023: Payment to the university of $350,000 for a Conference USA, Mountain West, Mid-American Conference or Sun Belt institution; $500,000 for an American Athletic Conference institution; and $750,00 for a Power Five conference member.
- If Houston resigns between Feb. 1, 2023 and Jan. 31, 2026: Payment to the university of $250,000 for a Conference USA, Mountain West, Mid-American Conference or Sun Belt institution; $350,000 for an American Athletic Conference institution; and $500,000 for a Power Five conference member.
- If Houston resigns after Feb. 1, 2026: Payment to the university of $150,000 for a Conference USA, Mountain West, Mid-American Conference or Sun Belt institution; $250,000 for an American Athletic Conference institution; and $500,000 for a Power Five conference member.
http://mcfeely.areavoices.com/2017/1...ch-for-awhile/
NDSU to the FBS always. In all ways.
NDSU to the FBS always. In all ways.