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Am I crazy or is Bobby Petrino on tv with an Arkansas logo in the back (1 Viewer)

Thursday, July 13, 2006

Updated: July 14, 10:36 AM ET

New Louisville deal to pay Petrino $25.5M over 10 years

By Pat Forde

ESPN.com

The University of Louisville and Bobby Petrino have agreed on a lucrative new 10-year contract -- a deal the Cardinals hope will end the now-annual wooing of their football coach.

Bobby Petrino

Louisville is rewarding Bobby Petrino for his success on the sidelines.

Petrino will receive an immediate raise from $1 million a year to $1.6 million, and his salary will steadily escalate throughout the length of the contract. By 2010 he is slated to earn $2 million, putting him into an elite category of coaches -- believed to be 14 currently -- at that plateau.

At the deal's end, 2015, Petrino will make $2.6 million. He also will have retention bonuses of $1 million in 2007, 2010 and 2013, and a $2 million retention bonus in 2015.

That's staggering money for a program that has only made two January bowl appearances and has a stadium seating capacity of 42,000. Athletic director Tom Jurich's bold move to elevate Petrino among the highest-paid and most secure coaches in the country is Louisville's bid to cement its future as a major football program.

"We have high aspirations," Jurich told ESPN.com Thursday morning. "We want to win a national championship. ... He's on a very, very short list of coaches in the country, as far as how he runs a program. With him, we're always going to be good. Even in our worst year, I believe we'll still be good."

The offensive mastermind has a three-year record of 29-8 at Louisville, including the Cardinals' second January bowl game ever this past season, the Gator Bowl against Virginia Tech. The Cards enter the 2006 season as a likely top 15 team and sport a pair of possible Heisman Trophy contenders in quarterback Brian Brohm and running back Michael Bush.

To keep its program among the ranked and the relevant, Louisville needed to pre-empt the powerhouse schools that have courted Petrino -- schools that he has listened to in the past.

"I can't tell you how happy I am with the commitment and the confidence that Tom Jurich has in me and the university has in me," Petrino said after signing the contract Thursday morning. "I also wanted to make sure that everyone understood, I know I've said it, that this is where my family wants to be. This is where I want to be. I want everyone to really believe it."

Significantly, Petrino asked that a $1 million buyout be put into his deal, should he attempt to leave the school.

"I don't believe in [buyouts]," Jurich said. "If a coach doesn't want to be here, I want him to leave. But Bobby said, 'I want to put that in here to show people how committed I am to this place.' "

His commitment has been called into question before.

Petrino was involved in the now-infamous 2003 dalliance with Auburn behind the back of coach Tommy Tuberville, his former boss on The Plains. An apparent deal between the two was undone only when media reports circulated, outing the secret meeting Petrino had with Auburn administration members.

In December 2005, Petrino met with LSU administrators before the Cardinals played in the Liberty Bowl, just days after signing a new contract and saying he was not interested in any other jobs. He also interviewed with Notre Dame and had discussions with Mississippi about its vacancy that year.

Last season there were reports that Petrino had discussions with the Oakland Raiders. Jurich said Petrino was offered the job several times, at a salary of up to $5 million annually.

"I thought, 100 percent, he was going to the Raiders," Jurich said. "When he turned that thing down, I knew we had a chance to keep him here for a long time. That's when I went to Bobby about this deal."

The timing of this contract is significant, heading into a season when a number of coaches at powerhouse programs are on the hot seat. There could be several high-profile job openings around the country, and Jurich undoubtedly would like to remove Petrino's name from consideration before it could be entered. The $1 million 2007 loyalty bonus is a good way to start, given what could be a very busy coaching carousel come December.

"Every year there's going to be good jobs open," Jurich said. "Every year he's going to be the top candidate for many of them. I don't expect that to discontinue, but he's got a base here now. Bobby sees that this can be something special."

Now that Jurich has signed his coach to a long-term deal, he wants to "move quick" on stadium expansion. He envisions bulking up Papa John's Cardinal Stadium to 63,600 seats, with an additional 45 luxury suites.

That will require some major fund-raising -- something Jurich said he didn't have to do to pay for Petrino's new contract. The football program has become progressively more profitable, and Louisville has been the most profitable basketball program in the country for much of the past two decades.

"From an athletic department standpoint, we've done real well financially the last three or four years," Jurich said. I've always believed you should reinvest. Don't sit on your money. We're not going to stop building this thing now."

Pat Forde is a senior writer for ESPN.com. He can be reached at ESPN4D@aol.com. The Associated Press contributed to this report.
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:lmao:
 
2Squirrels1Nut said:
Thursday, July 13, 2006

Updated: July 14, 10:36 AM ET

New Louisville deal to pay Petrino $25.5M over 10 years

Significantly, Petrino asked that a $1 million buyout be put into his deal, should he attempt to leave the school.
Click to expand...
Doesn't his new deal have a $10M buyout?
 
gump said:
2Squirrels1Nut said:
Thursday, July 13, 2006

Updated: July 14, 10:36 AM ET

New Louisville deal to pay Petrino $25.5M over 10 years

Significantly, Petrino asked that a $1 million buyout be put into his deal, should he attempt to leave the school.
Click to expand...
Doesn't his new deal have a $10M buyout?
Click to expand...
And if Michigan, or USC or Miami or Oklahoma (the next steps up in the college football food chain) for example come calling in the next couple of years and really want Petrino, do you actually think that that's beyond their capacities? Besides, everything's negotiable . . . as you should have learned by now with Petrino.
 
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It's an $18M buyout for the first few years, then gradually goes down. He's here for the long haul.

 
Pooch said:
It's an $18M buyout for the first few years, then gradually goes down. He's here for the long haul.
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:shrug: He's already sixth in tenure among SEC coaches.For the naysayers - how long does Petrino have to stay at Arkansas before people stop calling him a job-hopper?
 
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Clayton Gray said:
Pooch said:
It's an $18M buyout for the first few years, then gradually goes down. He's here for the long haul.
Click to expand...
:goodposting: He's already sixth in tenure among SEC coaches.For the naysayers - how long does Petrino have to stay at Arkansas before people stop calling him a job-hopper?
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Through 2026 at least, imo.ETA: Rivals is reporting Gustav turned down Vandy about an hour ago.
 
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Clayton Gray said:
Pooch said:
It's an $18M buyout for the first few years, then gradually goes down. He's here for the long haul.
Click to expand...
:scared: He's already sixth in tenure among SEC coaches.For the naysayers - how long does Petrino have to stay at Arkansas before people stop calling him a job-hopper?
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I'm a closet Arkansas fan an have been watching Mallett develop so I think it was a great move for both sides. Will be interesting what he does when Ryan goes to the NFL. I like Arkansas and you can see the offense but they need a better defense one of these years to match the offense. Arkansas fans should be crazy happy with this news.
 
Clayton Gray said:
Pooch said:
It's an $18M buyout for the first few years, then gradually goes down. He's here for the long haul.
Click to expand...
:tinfoilhat: He's already sixth in tenure among SEC coaches.For the naysayers - how long does Petrino have to stay at Arkansas before people stop calling him a job-hopper?
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I never called him a job-hopper. I called him a quitter. Just b/c the guy signs a long term deal doesn't change that fact.
 
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Always love to see the QUITTER lose a heartbreaker! :goodposting:

It's sad how the Falcons have struggled since he weaseled his way out of Atlanta.

 
@jimrome

Bobby Petrino and Jessica Dorrell texted each other more than 70, 80 and 90 times a day?! At least mix in a burner, Pops.

 
'[scooter] said:
Petrino just fined DeAngelo Hall $50,000 for Hall's criticism after Petrino released veteran defensive tackle Grady Jackson.

"Just call it a contribution to the 'I Hate Petrino Fund,'" says Hall. "You might as well sign me up for the automatic weekly payroll deduction to that cause. Petrino's a control freak. I don't know where he gets off treating Grady like that. I mean, the whole city's upset. Outkast just released a new song, 'I'm Sorry Mr. Jackson.' Seriously, the only person allowed to treat Grady like that is Fred Sanford. If Petrino and I continue to clash like this, it's going to be time for the big one. And I'll explode with a stream of expletives that would make Redd Foxx blush. I know we had the obligatory 'talk it out' session, but that's just window dressing. We still hate each other."
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:thumbup:
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:lmao: :lmao: :lmao:
 
Colin Dowling said:
I don't blame Petrino one bit. And as "outraged" as people are trying to act, he wasn't the right coach for that job. I think it's much better to admit it and move on. I can understand the point about them not being prepared on Monday if his heaed wasn't in it. Fair enough. But aside from that, why would you be mad about someone admitting, "Hey, I'm not going to be able to do this job well."
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His players seemed to have a different take on this. I've been waiting 7 years to call you out. ;)

This was just on the NFL Network. He finished #1 (well-deserved) on the list of Coaches Who Should Have Stayed In College.

Mainly because he's a jagoff.

 
I'm a big fan of anybody who can walk around being this slimy and just totally own it. He loves it.

 
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Raider Nation said:
Colin Dowling said:
I don't blame Petrino one bit. And as "outraged" as people are trying to act, he wasn't the right coach for that job. I think it's much better to admit it and move on. I can understand the point about them not being prepared on Monday if his heaed wasn't in it. Fair enough. But aside from that, why would you be mad about someone admitting, "Hey, I'm not going to be able to do this job well."
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His players seemed to have a different take on this. I've been waiting 7 years to call you out. ;)

This was just on the NFL Network. He finished #1 (well-deserved) on the list of Coaches Who Should Have Stayed In College.

Mainly because he's a jagoff.
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Interesting that Saban didn't win that pole considering he is a wildly successful college coach that could have possibly/probably added to his ring count had he not gone to Miami

 
Abraham said:
Raider Nation said:
Colin Dowling said:
I don't blame Petrino one bit. And as "outraged" as people are trying to act, he wasn't the right coach for that job. I think it's much better to admit it and move on. I can understand the point about them not being prepared on Monday if his heaed wasn't in it. Fair enough. But aside from that, why would you be mad about someone admitting, "Hey, I'm not going to be able to do this job well."
Click to expand...
His players seemed to have a different take on this. I've been waiting 7 years to call you out. ;)

This was just on the NFL Network. He finished #1 (well-deserved) on the list of Coaches Who Should Have Stayed In College.

Mainly because he's a jagoff.
Click to expand...
Interesting that Saban didn't win that pole considering he is a wildly successful college coach that could have possibly/probably added to his ring count had he not gone to Miami
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The list wasn't based so much on how successful they were in college; rather, how much of a failure they were in the NFL. Saban was #2 on the list. And only by default, because he couldn't quite reach Petrino's elite level of scumbaggery.

On November 27, 2006, the University of Alabama announced that head coach Mike Shula had been fired. Saban was rumored to be at the top of Alabama's wish list, but Saban refused to discuss the job while his NFL season was still underway. During the month of December 2006, Saban was repeatedly questioned by the media about the Alabama job, and he repeatedly denied the rumors in his weekly press conferences, stating on December 21 "I guess I have to say it. I'm not going to be the Alabama coach."
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Two seconds later, he was the Alabama coach.

 
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