How would the aspiring and wannabe athletic directors on the board approach this?
January 11 (this Saturday) begins contract Year Six for Jim Harbaugh, at which time he is owed a 10% pay increase to $8.05M ($6.05M salary plus $2M life insurance payment) and “an evaluation by the University of the Head Coach’s overall performance and a review of his overall compensation, as measured by his then current fair market value, as compared peers.” If the result of that evaluation is that he is paid less than fair market value then he is owed an upward adjustment greater than the 10% pay increase. Notably, the contract addresses Coach’s upside only - it does not include a provision in the event the evaluation indicates he is paid *more than* his fair market value.
So you’re Warde Manuel...what if anything do you do?
January 11 (this Saturday) begins contract Year Six for Jim Harbaugh, at which time he is owed a 10% pay increase to $8.05M ($6.05M salary plus $2M life insurance payment) and “an evaluation by the University of the Head Coach’s overall performance and a review of his overall compensation, as measured by his then current fair market value, as compared peers.” If the result of that evaluation is that he is paid less than fair market value then he is owed an upward adjustment greater than the 10% pay increase. Notably, the contract addresses Coach’s upside only - it does not include a provision in the event the evaluation indicates he is paid *more than* his fair market value.
So you’re Warde Manuel...what if anything do you do?
