Mike White agrees to 6 year extension

[TruDawg]

Worth $3.6 million

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[TrueBulldog1962]

New 6-year deal for 3.6 million. Huge for the program and another great job by TM getting this done. He realizes that White is building a program to sustainable success. How long he will actually stay is another question but to get this done is great. Thoughts?

[champion110]

New 6-year deal for 3.6 million. Huge for the program and another great job by TM getting this done. He realizes that White is building a program to sustainable success. How long he will actually stay is another question but to get this done is great. Thoughts?

This is great news! I hope TM and White worked on incentives and increases for the entire staff and recruiting budget, as well.

[Choudawg86]

i might cry . . .

[News_Bot]

A new article has been posted on www.latechsports.com:

Louisiana Tech University and head men's basketball coach Mike White have agreed in principle to a six-year, $3.6 million contract extension, according to Athletics Director Tommy McClelland.

More...

Discuss it here.

[PawDawg]

This is great news! I hope TM and White worked on incentives and increases for the entire staff and recruiting budget, as well.

Yes, those incentives and increases should be the big news here. This really isn't a huge raise for him. The six year part doesn't mean anything.

[Dwayne From Minden]

http://www.shreveporttimes.com/artic...nclick_check=1

[Bill Brasky]

As usual - there are multiple threads on this topic.

[bulldogbacker2]

great

[PawDawg]

As usual - there are multiple threads on this topic.

working on it

[qng001]

Not bad, that's a lot of money living in Ruston.

[kw2292]

So can I say we are a basketball school now? Highest paid Tech employee! This is great news.

[Dawg06]

[Dwayne From Minden]

Yes, those incentives and increases should be the big news here. This really isn't a huge raise for him. The six year part doesn't mean anything.

Here is the buy-out structure per Sean Isabella -

$600k after year one
$500k after year two
$400k after year three
$300k after year four
$200k after year five

[Dwayne From Minden]

Figure we will have to re-work it next year too

I wonder if its front loaded since we know the odds of seeing year 6 are slim and none?

I bet the bonuses can push it close to $700k+ annually