Petersen's 'Lifetime Contract'

[mysfit]

Pre-Snap Read: A College Football Blog

Nice to see SOMEONE outside of Boise gets it............


From the bottom portion of the article

And that matters little to Petersen. Rephrased: That matters not at all to Petersen. No coach in college football is more attuned to the fine print. While others obsess over zeroes — how many, whether six or seven — Petersen is, and has always been, obsessed with place, comfort and opportunity. He gets what he needs from Boise State. The relationship he has with the university cannot be valued monetarily.

It’s the most symbiotic relationship in major college football. Petersen has everything he wants; Boise State has everything it wants. Petersen doesn’t need the moon — and if he did, he would have taken advantage of the many job openings that crossed his desk over the last half-decade. He has comfort, a winning atmosphere and the undying support of every member of the university. For Petersen, such pluses carry no price tag.

Boise gives Petersen $11.75 million over five years because that’s what Petersen needs. If he wanted $14 million, that’s what he’d get. What’s $11.75 million to Petersen? It’s the just-right bowl of porridge: not too little, where he would be underpaid; not too much, where it would take money away from facilities, other athletic programs or the school itself. It’s just right.

The relationship between Petersen and the university can be summed up by one stipulation in his new contract. Every year that Boise State wins eight or more games, Petersen’s contract is extended by one year. For every year-long extension, Petersen receives a $100,000 raise. In essence, this is a lifetime contract. Boise State is the only program in the F.B.S. that would give its coach a lifetime contract. Chris Petersen is the only coach who would accept the offer.