Cignetti's Off The Table...

Fryowa

Fryowa

Administrator
As predicted, JF getting fired is going to get some people raises.

Cignetti and Indiana just signed an 8 year extension for $11.6 million a year. Dude is now the 3rd highest paid coach in college football. This isn't going to be limited to potential candidates for PSU, boys...this is raising the bar for everyone in a sport where agents sell these extensions and contracts to schools based on the rest of the market. This is going to cascade everywhere and it's hilarious.

https://www.si.com/college/indiana/...rt-cignetti-contract-extension-salary-details

Lolz.
 


Matt Rhule and his agent right now...

ZY5ZbIy.gif
 




Fryowa said:
As predicted, JF getting fired is going to get some people raises.

Cignetti and Indiana just signed an 8 year extension for $11.6 million a year. Dude is now the 3rd highest paid coach in college football. This isn't going to be limited to potential candidates for PSU, boys...this is raising the bar for everyone in a sport where agents sell these extensions and contracts to schools based on the rest of the market. This is going to cascade everywhere and it's hilarious.

https://www.si.com/college/indiana/...rt-cignetti-contract-extension-salary-details

Lolz.
Click to expand...

I think that's good news.
They're still Indiana.
 






I didn't read any of the details, but does this actually take Cignetti off the table in any way?

His agent leveraged the opening and speculation to increase his guaranteed money from Indiana. Cignetti gets more money, the agent gets more money.

But does the extension in any way keep Cignetti from jumping to Penn State at the end of the season if that in fact is what he wants? Or maybe Cuban or whoever else start wavering on roster payroll commitment for next season - maybe Cignetti jumps?

I'm not saying I think Cignetti wants the gig, just questioning if giving him more money now prevents him from leaving at the end of the season (if that in fact is what he ultimately wants). Little downside in him accepting more money on October 16.
 




SwirlinLingerie said:
I didn't read any of the details, but does this actually take Cignetti off the table in any way?

His agent leveraged the opening and speculation to increase his guaranteed money from Indiana. Cignetti gets more money, the agent gets more money.

But does the extension in any way keep Cignetti from jumping to Penn State at the end of the season if that in fact is what he wants? Or maybe Cuban or whoever else start wavering on roster payroll commitment for next season - maybe Cignetti jumps?

I'm not saying I think Cignetti wants the gig, just questioning if giving him more money now prevents him from leaving at the end of the season (if that in fact is what he ultimately wants). Little downside in him accepting more money on October 16.
Click to expand...
He just signed a $96 million dollar contract to stay at a school that has zero expectations, only hopes. He's now the 3rd highest paid college coach, second only to Kirby Smart and Ryan Day. Day makes $900,000 more, and Smart makes $1.7 million more. Penn state would essentially have to make Cignetti the highest paid coach in the country, and that ain't happening for a 2nd year P4 coach with exactly two wins against ranked teams, one of those being Illinois who was SEVERELY overrated.

I don't think it was a super smart move by Indiana, personally. If he drops two or three games the rest of the season now all of a sudden you have a Bugatti payment on a Chevy Camaro. Can't sell that Camaro to anyone to pay off the Bugatti loan, you just keep making payments like a dumbass and eating ramen instead of steak for the next 8 years.

Part of me wonders if Indiana's donors got caught up in all the hype. Like I said, the only "big" wins he has are against a bad Michigan team, a very overrated Illinois team, and Oregon. As far as Oregon, look back in history and you can see that Michigan can get knocked off by App State, Alabama can be knocked off by Vanderbilt, the list goes on.

This was nothing more than a yolo dice roll by Indiana donors. Terrible money decision when looking at the facts, but it's the one single chance they'll ever have. This is an all or nothing deal in terms of the program. It's either going to the mountain top or being left in ruins.
 


If Cuban was involved - and he has been increasingly engaged in the program, apparently - then the extension is pretty much chump change to him. He maybe said sure, whatever, let's make sure we keep him. $6 billion is $6 billion.

Depending on who Penn State targets, they'll likely pay a similar per year deal as what Day and Cignetti are at...it's now the market price in the Big Ten and Penn State likes to consider themselves near the top.
 


Fryowa said:
He just signed a $96 million dollar contract to stay at a school that has zero expectations, only hopes. He's now the 3rd highest paid college coach, second only to Kirby Smart and Ryan Day. Day makes $900,000 more, and Smart makes $1.7 million more. Penn state would essentially have to make Cignetti the highest paid coach in the country, and that ain't happening for a 2nd year P4 coach with exactly two wins against ranked teams, one of those being Illinois who was SEVERELY overrated.

I don't think it was a super smart move by Indiana, personally. If he drops two or three games the rest of the season now all of a sudden you have a Bugatti payment on a Chevy Camaro. Can't sell that Camaro to anyone to pay off the Bugatti loan, you just keep making payments like a dumbass and eating ramen instead of steak for the next 8 years.

Part of me wonders if Indiana's donors got caught up in all the hype. Like I said, the only "big" wins he has are against a bad Michigan team, a very overrated Illinois team, and Oregon. As far as Oregon, look back in history and you can see that Michigan can get knocked off by App State, Alabama can be knocked off by Vanderbilt, the list goes on.

This was nothing more than a yolo dice roll by Indiana donors. Terrible money decision when looking at the facts, but it's the one single chance they'll ever have. This is an all or nothing deal in terms of the program. It's either going to the mountain top or being left in ruins.
Click to expand...
This x 1000

Indiana is like the ugly guy who somehow gets a date with a 36DD model to the prom.

He'll throw rational thinking out the window, doing everything he can so nobody else will steal her away, and ultimately ends up spending a ton of dollars....hoping it'll work out one way or another.

(Full disclosure....this does *not* describe me. Simply a metaphor) :)
 


The more top level coaches that get these types of extensions, the more the pool shrinks to Matt Ruhle. Marcus Freeman will be the next announcement of a big extension and raise. Ruhle does have to close out the year on a positive note to make himself more attractive, or at least plausible to the Penn St donors and fan base.
 


Also, on today's Dan Patrick show, they had a poll question...

"What is the over/under regarding the number of years Cig will actually collect on the new contract."

Four years seemed to be the popular answer.
 


You must log in or register to reply here.


Latest posts

Share this page






Top