Reply To: James Franklin to va tech

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Not the move I’d have made but I can see his point.

I assume Franklin’s sense of identity and self-worth is tied up in coaching. While I’d have been happy to retire at his age with $49 mil in the bank, I doubt he sees retirement as an option. He and his agent also realize that whatever VTech pays him would get deducted from the $49 so he’s working for free in the sense that he’ll get no more for working than he would for eating bon-bons and watching The View.

Instead, he gets a $9 mil advance (obviously not offsettable) and a new gig with a salary that would be enough for me to retire on if I held the job for 2 years. I’d be surprised if it’s less than $7 mil/year. So not exactly working for free. And he gets to do what he wants to do, not what Java wants to do.