Coach Rhoads contract signed

[CycoCyclone]

ISU football: Cyclones finalize contract with new coach Paul Rhoads | DesMoinesRegister.com | The Des Moines Register

Thanks for getting right on that one!

[mplscyclone]

Isn't too crazy.

Billy G at Kentucky never signed his contract which is why he's suing them. He wants to get the buyout he would've received.

[CycoCyclone]

Interesting, I guess I thought you had to have the contract in house before a lot of the "real" stuff could start.

Decent contract. I love the incentive for $100,000 per win over 7.

[intrepid27]

Not trying to draw any comparisons but I believe KF was at Iowa almost 2 years before he signed his contract. I don't think this is uncommon. After an AD hire a coach and then agents and lawyers get involved. That's what takes time.

[Cyclonick182]

Interesting, I guess I thought you had to have the contract in house before a lot of the "real" stuff could start.

Decent contract. I love the incentive for $100,000 per win over 7.

I certainly hope at some point we have to start paying a couple hundred thousand a year for his services.

[Jarrods79]

Call me crazy, I may not be remembering this correctly, but I thought we had a deal (not signed, of course) for 1.2 million. Was there something about that which included the salary package for the assistant coaches...I wouldn't think so. Just curious on how things are reported one way, and finalized another.

[CycoCyclone]

Call me crazy, I may not be remembering this correctly, but I thought we had a deal (not signed, of course) for 1.2 million. Was there something about that which included the salary package for the assistant coaches...I wouldn't think so. Just curious on how things are reported one way, and finalized another.

that just assumes a 10 win season, DUH

[chadm]

Call me crazy, I may not be remembering this correctly, but I thought we had a deal (not signed, of course) for 1.2 million. Was there something about that which included the salary package for the assistant coaches...I wouldn't think so. Just curious on how things are reported one way, and finalized another.

Is the 1.2 the average per year of the contract?

[Jarrods79]

that just assumes a 10 win season, DUH

Haha, if we make it to 10 wins this season I would hope he gets that amount, as a baseline.

[CycoCyclone]

Haha, if we make it to 10 wins this season I would hope he gets that amount, as a baseline.

I'm just a little surprised that his contract wasn't signed yet. Without that, how has ISU been paying him since he came aboard?

[Cyberclone]

Just by looking at the signatures, would you be able to name the president of the university?

[clone4lyfe]

Is the 1.2 the average per year of the contract?

Yes it is. If you look at the contract his salary for secondary services starts at $700K and increases by $100,000 every year which would make his total contract $5.75M over 5 years. That is an average of $1.15M/year

[Flag Guy]

Here is what took so long, they must have been waiting on approval from the Ames country club so ISU could contractually agree to Section II (Compensation), paragraph 5 "In addition, the University shall pay Rhoads' initation, annual membership dues, less minimum food and beverage requirements, to the Ames Country Club"

[CycoCyclone]

Just by looking at the signatures, would you be able to name the president of the university?

Looks like hieroglyphics!

[balken]

Here is what took so long, they must have been waiting on approval from the Ames country club so ISU could contractually agree to Section II (Compensation), paragraph 5 "In addition, the University shall pay Rhoads' initation, annual membership dues, less minimum food and beverage requirements, to the Ames Country Club"

That was the holdup on my last contract. It took some time, but they finally agreed to pay minimum monthly club charges. Power to the people.