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Sonny Dykes Contract Announced

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Posted: 03/01/2013 4:06 PM

Sonny Dykes Contract Announced 


The University of California and football coach Sonny Dykes have finalized a five-year contract that lasts through the 2017 season.  This completes a process that began with an agreement on the business terms prior to Dykes' Dec. 5 initial hiring announcement.

The value of Dykes' fixed compensation is $9.7 million, or an average $1.94 million per year over the lifetime of the deal. The total includes an annual $250,000 base salary and an additional talent fee for media obligations, speaking at University-related functions and appearances at other special events. Dykes also received $594,000 signing bonus, which approximates the buyout from his contract at his previous school, Louisiana Tech.

The terms also contain several performance- and academic-based bonuses that are contingent on the Cal football team achieving a minimum Academic Progress Rate (APR) score.

The financial support for Dykes' compensation is being provided by Athletic Department self-generated revenue.

"Sonny Dykes is the right person to lead our football program, and I'mpleased to say that we have concluded this process, so we can focus on 'winning everywhere' in our football program." Director of Athletics Sandy Barbour said. "He holds the values and vision necessary to guide our football team now and into the future. From the moment he stepped foot on campus, he has embraced the culture of Cal Athletics and our entire University, and I am confident he will generate the success we desire in the classroom and on the field. I knew the moment I met Sonny that he was a great fit for Cal, and I couldn't be more excited about our future under his leadership."

Although Dykes signed the contract on Feb. 7, 2013, the agreement is being released today after informing all of the appropriate parties, including members of the UC Board of Regents.

The home address on this document was redacted pursuant to Government Code Section 6254(c) which permits the withholding of "personnel, medical, or similar files, the disclosure of which would constitute an unwarranted invasion of personal privacy."
Ryan Gorcey
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Posted: 03/01/2013 4:09 PM

Re: Sonny Dykes Contract Announced 


Buy-out clause for Sonny Dykes: $3.75m if terminated before Dec. 31, 2013; dropping by $750k each year thereafter through Dec. 31, 2017
Ryan Gorcey
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Posted: 03/01/2013 4:13 PM

Re: Sonny Dykes Contract Announced 


Dykes's talent fee starts at 1.55m for 2013 and 2014, 1.75m in 2015 and 2016, 1.85m in 2017
Ryan Gorcey
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Posted: 03/01/2013 4:15 PM

Re: Sonny Dykes Contract Announced 


For seasons 1-3, if Dykes wins 7 regular season games, he gets an extra 25k. Eight, 30k. Nine, 35k. Wins 10, 40k. Wins 11, gets 45k.

If he participates in a Rose Bowl within the first three years, he gets 60k. If he participates in any other BCS bowl, he gets 50k. Alamo Bowl: 40k. Holiday Bowl: 30k. Other bowl: 25k.
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Posted: 03/01/2013 4:20 PM

Re: Sonny Dykes Contract Announced 


For seasons 4-5, those escalators change by quite a bit. If he wins 7 regular season games, he gets 10k, eight regular season games 20k and nine regular season games 30k. His bonuses for winning 10 or 11 regular season games drop to 30k and 40k, respectively, with 45k for winning 12 games.
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Posted: 03/01/2013 4:23 PM

Re: Sonny Dykes Contract Announced 


Biggest attention grabber in Dykes's contract: GPA and APR boosters and bonuses.

If Cal's team GPA is greater than or equal to 3.0, he gets 23k, 2.85 GPA nets him 20k, 2.70 GPA gets him 10k.

If the team's APR is 980 or above, he gets 23k, 970 gets him 20k, 960 gets him 10k.

Graduation success rate is also a booster. 90% or greater, 23k. 80% or greater, 20k. 70 percent or greater, 10k.

Ryan Gorcey
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Posted: 03/01/2013 4:52 PM

After giving away the store to Tedford ... 


The contract with Sonny has him by the short hairs. The bonuses are cheap -- not really any incentive on their own for performance (nice but not generous when you put them in context to the base salary). The buyout makes it pretty tough for Dykes to leave unless he really performs and becomes a premium product (ie, a coach who would be highly valued by another program). 

I am curious as to what the buyout would be for the school if he is fired, and I wonder how he took the job without some sort of financing or compensation for relocation to the Bay Area housing market.

I think Dykes needs a better agent/lawyer.
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Posted: 03/01/2013 5:02 PM

Re: After giving away the store to Tedford ... 


He was paid compensation for moving expenses for moving company services, packing (not including vehicle relocation), all necessary travel costs (not including rental cars) for Dykes and immediate family, storage in transit and housing in transit. He received a membership also at the Claremont Country Club for the duration of his contract and the 594k signing bonus.
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Posted: 03/04/2013 2:50 PM

Wilner has interesting take ... 


SJ Mercury's Jon Wilner has an interesting take on Dykes' contract --

First, he points out that the back end of the contract (i.e., what happens if he's fired and what happens if he leaves) is more carefully spelled out. Essentially, this is a recognition that the Tedford contract left a lot to be desired in terms of legal craftsmanship as it failed to spell out clearly what would happen.

Second, Wilner has a chart that lays out the compensation level for various Pac 12 coaching contracts and Dykes contract is in the middle or toward the lower end. He says --

"Far more important is the salary pool Cal has made available for assistant coaches, and the Bears did not release that information. (When they do, we’ll be on it.)"

It will be interesting to see how the assistant salaries shake out. Tedford slurped up all the cream to the point that there was little left for assistants. No sympathy here for Tosh, but Tedford (and the University) did expose himself by leaving so little in the budget for assistants. There really wasn't much left in the Tedford budget for retaining and attracting quality assistants.

Last edited 03/04/2013 5:27 PM by jonfromwlv

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