Quote:
Originally Posted by Clever_Iggy
Apparently, according to reports, Hufnagel to a 6 year, $2.5 million contract that includes a financial stake in the club.
Wowzers. For the past 7-8 years the Stamps have been over correcting. A financial stake in the club. *Sigh* Im a fan of Hufnagel, but that and being the highest paid coach in the CFL is a bit much.
I predict this will not end well. I think the real problem is Barker.
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Depending on the agreement he has for this, a 'financial stake' could also mean that in addition to sharing in the profits of the club, he would also share in the 'losses' as well. To my understanding the Stamps have really been in 'break-even/small loss' territory the past few years. Therefore the 'financial stake' could actually be a risk-management/incentive technique for the club as they effectively would be paying him less if they're losing money. Should they make money, which most likely is a result of on-field sucess, it would be rewarding him.