Dabo extended through 2031

[Orangepace]

BIngo. There was zero reason to extend and raise his salary. He's not going anywhere and if Bama calls, we aren't outbidding them anyway. I have no idea what we are doing at this point...

Time value of money. The buyout of 150% will be tied to the highest year in the contract. The nominal bump each year over a 10yr period doesn’t even touch normal CPI. Zero chance he gets fired over next 10yrs anyway. To a finance guy this is a win-win for Clemson to lock the asset up and lift the buyout. Have to spend money to make money.

 

[gbo]

Time value of money. The buyout of 150% will be tied to the highest year in the contract. The nominal bump each year over a 10yr period doesn’t even touch normal CPI. Zero chance he gets fired over next 10yrs anyway. To a finance guy this is a win-win for Clemson to lock the asset up and lift the buyout. Have to spend money to make money.

I am a finance guy but I guess my irrational dislike of Dabo clouds my judgment...

 

[Chip]

BIngo. There was zero reason to extend and raise his salary. He's not going anywhere and if Bama calls, we aren't outbidding them anyway. I have no idea what we are doing at this point...

Yeah, given last year, and now being year 1 without Venables, seems like they could have been in wait and see mode just a bit longer.

It’s not like recruits are shying away due to a perceived instability. And, as you said, he isn’t going anywhere.

Odd timing for such a commitment.