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Thursday, March 26, 2015

Beaty contract more favorable for KU than those of previous football coaches

Kansas University chancellor Bernadette Gray-Little, left, shakes hands with new head football coach David Beaty, right, after an introductory press conference Monday, Dec. 8, 2014, at the Anderson Family Football Complex at KU in Lawrence, Kan. Beaty, the wide receivers coach and recruiting coordinator at Texas A&M, was hired by KU Friday. At center is Sheahon Zenger, KU director of athletics.

Kansas University chancellor Bernadette Gray-Little, left, shakes hands with new head football coach David Beaty, right, after an introductory press conference Monday, Dec. 8, 2014, at the Anderson Family Football Complex at KU in Lawrence, Kan. Beaty, the wide receivers coach and recruiting coordinator at Texas A&M, was hired by KU Friday. At center is Sheahon Zenger, KU director of athletics.

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Kansas Athletics, Inc., and first-year Kansas University football coach David Beaty recently finalized Beaty's five-year contract and the details and language within it may be the best indicator to date that KU learned a valuable lesson from the failings of its past two contracts with dismissed football coaches Turner Gill and Charlie Weis.

According to a copy of the contract obtained by the Journal-World on Thursday, Beaty, at $800,000 annually, is scheduled to make significantly less than either Gill ($2 million) or Weis ($2.5 million) and the former Texas A&M; assistant coach signed a contract loaded with incentives.

Those incentives include everything from a $25,000 bonus for each Big 12 Conference victory to $100,000 for coaching KU to a bowl game, all the way up to a $500,000 bonus for guiding the Jayhawks to a victory in the Fiesta, Rose, Orange, Sugar, Peach or Cotton Bowl.

Beaty's base salary will be $225,000 and he will receive an additional $575,000 — totaling $800,000 — for what the contract terms “professional services.” Such a salary structure is pretty common throughout college athletics, but one unique element included in Beaty's contract states that if KU were to have a winning season, the $575,000 compensation would increase to $675,000 for the remainder of the contract.

Like any contract, Beaty's agreement includes clear definitions of any infractions that may lead to him being fired with cause.

Should Beaty be fired without cause, as both Gill and Weis were before him, he would be owed compensation for “the number of full months remaining on the contract term or 24 months, whichever is less, in monthly installments."

In simple terms, should Beaty be fired without cause, before the end of his third season, KU would actually save money on his contract because that 24-month period would become relevant in the buyout.

In addition, Beaty's contract includes an “offset clause” which states that should he be fired without cause, the amount of compensation owed to him by KU would be reduced should he land another job.

Should Beaty be fired with cause, Kansas Athletics would only owe him compensation up to the point of his termination.

Should Beaty elect to leave KU before completing his contract, say for a new job, he would owe Kansas Athletics “an amount equal to two years of head coach's salary and professional services,” roughly $1.6 million, at the time of termination.

In addition to the monetary incentives, Beaty's contract explains that he will be provided with two automobiles, life, medical and dental insurance policies, a suite for his family for home games, reasonable travel and lodging expenses for his family to attend road games and up to a dozen tickets to home and away football games. Beaty also will receive four season tickets to men's and women's basketball games at Allen Fieldhouse.

The contract, which runs through Dec. 31, 2019, became effective Dec. 8, 2014 — three days after Beaty was announced as KU's new coach — and was finalized and signed on March 13.

Comments

Brett McCabe 7 years, 6 months ago

Painful to read again how much we overpaid for two unproven coaches. Sounds like a good contract for Beaty - if he succeeds, he'll get some nice extras.

Suzi Marshall 7 years, 6 months ago

Exactly my thought. Glad to see KU Athletics showing some fiscal sanity.

I was curious about what kind of cars he gets. How often does he turn them over? Where are his BBall seats?

Robert Brown 7 years, 6 months ago

Both of the previous contracts were unnecessary. Turner Gill could have been hired from Buffalo for half of his salary and a buy-out could have been negotiated.

The Charlie Weis contract was even worse. Who were we competing with to get Charlie Weis? No one and he was about to get run out of Florida. This was an example of the fast talking guy from New Jersey pulling one over on the naive AD from the Midwest.

Aside from each of the former two's coaching acumen (which as we know wasn't very good), Turner Gill never seemed like a good cultural fit at KU and Charlie Weis never seemed like he wanted to be here or felt like he was going KU a favor by coming here.

Beaty and his staff all genuinely seems to fit culturally in Lawrence and all apear to be thrilled to there.

Kevin Randell 7 years, 6 months ago

Third time's the charm! I think the KUAC finally got it right. Bring in a guy that not only have a fire in his belly, but also make his contract loaded with incentives. This will hopefully motivate the program to move in the right direction. I think this time the fan base, as a whole, understands we have hit the reset button again. All most of us ask is for us to be competitive, and eventually win more than 3 games in a season.

Jim Erickson 7 years, 6 months ago

Seems like a pretty lackluster incentive package. He is an unproven assistant, so sure, his low base salary is warranted. If the guy were to win 6 games this season (yes, massive "if"), and a bowl game next season, it's hard to understand why incentives wouldn't allow his pay to sky rocket. We paid Weis and Gill both more than $2 million on mere hope. Why wouldn't we write it into the initial contract that HC Beaty could earn that much if he actually produces? I get that contracts tend to be renegotiated once the winning occurs, but still.

Robert Brown 7 years, 6 months ago

If we win 6 games this year and go to a bowl next year, the contract will be rewritten.

John Boyle 7 years, 6 months ago

If we win 6 games this year.... HAAHAAAHAAAHAAAHAAA! That was too funny. You are quite the comedian. I think I ruptured my spleen from laughing too hard.

Doug Cramer 7 years, 6 months ago

The lesson learned is "we should have never fired Mark Mangino".

But I like Beaty, and this program is on the uptrend. Finally.

Randy Bombardier 7 years, 6 months ago

Live and learn? Sounds like our coaches weren't the only ones overpaid. These amateurish mistakes should have been learned already at SW MISSOURi state. KU should not have administrators that have to learn the basics on the job. Maybe the athletic department needs to consult with KU s excellent public administration program.

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