Document:

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                                                                    Exhibit 10.5

                           DICK'S SPORTING GOODS, INC.

                                 2002 STOCK PLAN

         1. PURPOSES OF THIS PLAN. The purposes of this Plan are to attract and
retain the best available personnel for positions of substantial responsibility,
to provide additional incentive to Eligible Individuals, to further align
Eligible Individuals' interests with those of the stockholders of the Company
and to promote the success of the Company's business.

         2. CERTAIN DEFINITIONS. As used herein, the following definitions shall
apply:

            (a) "ADMINISTRATOR" means the Board and any Committee appointed by
the Board to administer the Plan; provided, however, that the Board, in its sole
discretion, may, notwithstanding the appointment of any Committee to administer
the Plan, exercise any authority under this Plan.

            (b) "AWARD" means any Incentive Bonus Award, Option, Performance
Share Award, Performance Unit Award, Restricted Stock Award, Restricted Unit
Award, SAR or Stock Unit Award granted under the Plan.

            (c) "BOARD" means the Board of Directors of the Company.

            (d) "CHANGE IN CONTROL" means (i) any "person" (as such term is used
in Sections 13(d) and 14(d) of the Exchange Act) other than a Class B Permitted
Holder (as such term is defined in the Company's Amended and Restated
Certificate of Incorporation) through a tender offer, open market purchases
and/or other purchases is or becomes a beneficial owner, directly or indirectly,
of securities of the Company representing more than fifty percent (50%) of the
combined voting power of the Company's then outstanding securities or (ii) a
majority of the Board shall be comprised of persons who (x) were elected in one
or more contested elections for the Board and (y) had not been nominated when
they were first elected by the then existing Board.

            (e) "CLASS A COMMON STOCK" means the Class A Common Stock, par value
$.01 per share, of the Company.

            (f) "CLASS B COMMON STOCK" means the Class B Common Stock, par value
$.01 per share, of the Company.

            (g) "CODE" means the Internal Revenue Code of 1986, as amended.

            (h) "COMMITTEE" means a committee of the Board.

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            (i) "COMMON STOCK" means the Class A Common Stock or the Class B
Common Stock of the Company, as the case may be.

            (j) "COMPANY" means Dick's Sporting Goods, Inc., a Delaware
corporation.

            (k) "CONSULTANT" means any person, including an advisor, who is
engaged by the Company or any Parent or Subsidiary to render services and is
compensated for such services, and any director of the Company whether
compensated for such services or not.

            (l) "CONTINUOUS STATUS AS AN EMPLOYEE" means the absence of any
interruption or termination of the employment relationship by the Employee with
the Company or any Parent or Subsidiary. Continuous Status as an Employee shall
not be considered interrupted in the case of: (i) sick leave; (ii) military
leave; (iii) any other leave of absence approved by the Board, provided that
such leave is for a period of not more than ninety (90) days, unless
reemployment upon the expiration of such leave is guaranteed by contract or
statute, or unless provided otherwise pursuant to Company policy adopted from
time to time; or (iv) transfers between locations of the Company or between the
Company, its Parent, its Subsidiaries or its successor.

            (m) "ELIGIBLE INDIVIDUAL" means any Employee, Non-Employee Director
or Consultant.

            (n) "EMPLOYEE" means any person, including officers and directors,
employed by the Company or any Parent or Subsidiary of the Company or any
prospective employee who shall have received an offer of employment. The payment
of a director's fee by the Company shall not be sufficient to constitute
"employment" by the Company.

            (o) "EXCHANGE ACT" means the Securities Exchange Act of 1934, as
amended.

            (p) "FAIR MARKET VALUE" means, as of any date, the value of the
applicable class of Common Stock determined as follows:

                  (i) If such class of Common Stock is listed on any established
         stock exchange or a national market system reporting last sale
         transactions including, without limitation, the Nasdaq National Market,
         its Fair Market Value shall be the closing sale price for such stock
         (or the closing bid, if no sales were reported) as quoted on such
         system or exchange for the last market trading day prior to the time of
         determination as reported in the Wall Street Journal or such other
         source as the Administrator deems reliable or;

                  (ii) If such class of Common Stock is quoted on Nasdaq (but
         not on a last reported sale basis) or regularly quoted by a recognized
         securities dealer but selling prices are not reported, its Fair Market
         Value shall be the mean between the high and low closing asked prices
         for the Common Stock for the last market trading day prior to the

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         time of determination as reported in the Wall Street Journal or such
         other source as the Administrator deems reliable or;

                  (iii) In the absence of an established market for a class of
         Common Stock, the Fair Market Value thereof shall be determined in good
         faith by the Administrator. For purposes of this Plan, the Class B
         Common Stock shall be deemed to have the same value per share of the
         Class A Common Stock unless the value of the Class B Common Stock is
         determinable in accordance with subparagraphs (i) or (ii) above.

            (q) "INCENTIVE BONUS AWARD" means the opportunity to earn a future
cash payment tied to the level of achievement with respect to one or more
Qualifying Performance Criteria for a performance period as established by the
Administrator.

            (r) "INCENTIVE STOCK OPTION" means an Option intended to qualify as
an incentive stock option within the meaning of Section 422 of the Code.

            (s) "NON-EMPLOYEE DIRECTOR" means a member of the Board who is not
an employee of the Company or any Parent or Subsidiary of the Company.

            (t) "NONSTATUTORY STOCK OPTION" means an Option not intended to
qualify as an Incentive Stock Option.

            (u) "OPTION" means a right to purchase Shares granted pursuant to
the Plan.

            (v) "OPTIONED STOCK" means the Shares subject to an Option.

            (w) "OPTIONEE" means a Participant who holds an Option.

            (x) "PARENT" means a "parent corporation," whether now or hereafter
existing, as defined in Section 424(e) of the Code.

            (y) "PARTICIPANT" means any person who has an Award under the Plan
including any person (including any estate) to whom an Award has been assigned
or transferred in accordance with the Plan.

            (z) "PERFORMANCE SHARE AWARD" means a grant of a right to receive
Shares or Stock Units contingent on the achievement of performance or other
objectives during a specified period.

            (aa) "PERFORMANCE UNIT AWARD" means a grant of a right to receive a
designated dollar value amount of Shares or Stock Units contingent on the
achievement of performance or other objectives during a specified period.

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            (bb) "PLAN" means this 2002 Stock Plan.

            (cc) "QUALIFYING PERFORMANCE CRITERIA" means any one or more of the
following performance criteria, either individually, alternatively or in any
combination, applied to either the Company as a whole or to a business unit or
subsidiary, either individually, alternatively or in any combination, and
measured over a period of time including any portion of a year, annually or
cumulatively over a period of years, on an absolute basis or relative to a
pre-established target, to previous years' results or to a designated comparison
group, in each case as specified by the in the Award: (a) cash flow, (b)
earnings per share (including earnings before interest, taxes, depreciation, and
amortization or some variation thereof), (c) stock price, (d) return on equity,
(e) total stockholder return, (f) return on capital, (g) return on assets or net
assets, (h) revenue, (i) income or net income, (j) operating income or net
operating income, (k) operating profit or net operating profit, (l) operating
margin or profit margin, (m) return on operating revenue, and (n) market share.
To the extent consistent with Section 162(m) of the Code, the Administrator
shall appropriately adjust any evaluation of performance under a Qualifying
Performance Criteria to exclude any of the following events that occurs during a
performance period: (i) asset write- downs, (ii) litigation or claim judgments
or settlements, (iii) the effect of changes in tax law, accounting principles or
other such laws or provisions affecting reported results, (iv) accruals for
reorganization and restructuring programs and (v) any extraordinary
non-recurring items as described in Accounting Principles Board Opinion No. 30
and/or in management's discussion and analysis of financial condition and
results of operations appearing in the Company's annual report to stockholders
for the applicable year.

            (dd) "RESTRICTED STOCK AWARD" means a grant of Shares subject to a
risk of forfeiture or other restrictions that will lapse upon the achievement of
one or more goals relating to completion of service by the Participant, or
achievement of performance or other objectives, as determined by the
Administrator.

            (ee) "RESTRICTED UNIT AWARD" means a grant of Stock Unit subject to
a risk of forfeiture or other restrictions that will lapse upon the achievement
of one or more goals relating to completion of service by the Participant, or
achievement of performance or other objectives, as determined by the
Administrator.

            (ff) "SAR" means a stock appreciation right, which is the right to
receive an amount equal to the appreciation, if any, in the Fair Market Value of
a Share from the date of the grant of the right to the date of its payment, as
adjusted in accordance with Section 10 of this Plan, payable in cash, Shares or
Stock Units.

            (gg) "SHARE" means a share of the Common Stock, as adjusted in
accordance with Section 10 of this Plan.

            (hh) "STOCK UNIT" means the right to receive a Share at a future
point in time.

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            (ii) "STOCK UNIT AWARD" means the grant of a Stock Unit.

            (jj) "SUBSIDIARY" means a "subsidiary corporation," whether now or
hereafter existing, as defined in Section 424(f) of the Code.

         3. SHARES SUBJECT TO THE PLAN. Subject to the provisions of Section 10
of this Plan, the maximum aggregate number of Shares which may be issued under
the Plan is 4,300,000. The Shares may be authorized, but unissued Shares, issued
Shares that have been reacquired by the Company (otherwise known as treasury
Shares) or Shares acquired on the open market specifically for distribution
under this Plan, or any combination thereof. Notwithstanding any other provision
of this Plan, Awards for Class B Common Stock or Awards for securities
convertible or exchangeable into Class B Common Stock may only be issued to a
Class B Permitted Holder (as such term is defined in the Company's Certificate
of Incorporation, as amended).

            If Shares under any Award are not issued for any reason, such Shares
shall, unless the Plan shall have been terminated, become available for future
grant under the Plan. In addition, any Shares delivered or deemed delivered, by
attestation or otherwise, to the Company in payment of any obligation, including
the exercise price of any option, the purchase price for any Shares, or for any
tax obligation shall be added back to the Shares available for issuance under
the Plan.

            The aggregate number of Shares issuable under all Awards granted
under this Plan during any calendar year to any one Eligible Individual shall
not exceed 1,500,000. Notwithstanding anything to the contrary in this Plan, the
foregoing limitations shall be subject to adjustment under Section 10, but only
to the extent that such adjustment will not affect the status of any Award
intended to qualify as "performance-based compensation" under Section 162(m) of
the Code. The foregoing limitations shall not apply to the extent that they are
no longer required in order for compensation in connection with grants under
this Plan to be treated as "performance-based compensation" under Section 162(m)
of the Code.

         4. ADMINISTRATION OF THIS PLAN.

            (a) AUTHORITY. Subject to the provisions of this Plan and, in the
case of a Committee, the specific duties delegated to or limitation imposed upon
such Committee by the Board, the Administrator shall have the authority, in its
discretion:

                  (i) to establish, amend and rescind rules and regulations
         relating to the Plan;

                  (ii) to select the Eligible Individuals to whom Awards may
         from time to time be granted hereunder;

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                  (iii) to determine the amount and type of Awards, including
         any combination thereof, to be granted to any Eligible Individual;

                  (iv) to grant Awards to Eligible Individuals and, in
         connection therewith, to determine the terms and conditions, not
         inconsistent with the terms of this Plan, of any such Award including,
         but not limited to, the number of Shares or Stock Units that may be
         issued or amount of cash that may be paid pursuant to the Award, the
         exercise or purchase price of any Share, the circumstances under which
         Awards or any Shares or Stock Units relating thereto are issued,
         retained, become exercisable or vested, are no longer subject to
         forfeiture or are terminated, forfeited or expire, based in each case
         on such factors as the Administrator shall determine, in its sole
         discretion;

                  (v) to determine the Fair Market Value of the Common Stock, in
         accordance with Section 2(p) of this Plan;

                  (vi) to establish, verify the extent of satisfaction of,
         adjust, reduce or waive any performance goals or other conditions
         applicable to the grant, issuance, exercisability, vesting and/or
         ability to retain any Award;

                  (vii) to approve forms of agreement for use under the Plan;

                  (viii) to determine whether and under what circumstances an
         Award may be settled in cash instead of Shares;

                  (ix) to determine whether, to what extent and under what
         circumstances Shares and other amounts payable with respect to an Award
         under this Plan shall be deferred either automatically or at the
         election of the participant (including providing for and determining
         the amount, if any, of any deemed earnings on any deferred amount
         during any deferral period);

                  (x) to determine whether and to what extent an adjustment is
         required under Section 10 of this Plan;

                  (xi) in its discretion, upon a Change in Control, to vest and
         make exercisable any Award granted hereunder which is not fully vested
         or exercisable and to remove any restrictions effective upon the
         occurrence of a Change in Control or the termination of an Eligible
         Individual's service to the Company.

                  (xii) to interpret and construe this Plan, any rules and
         regulations under this Plan and the terms and conditions of any Award
         granted hereunder, and to make exceptions to any such provisions in
         good faith and for the benefit of the Company; and

                  (xiii) to make all other determinations deemed necessary or
         advisable for the administration of this Plan.

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            (b) EFFECT OF ADMINISTRATOR'S DECISION. All decisions,
determinations and interpretations of the Administrator shall be final and
binding on all Participants.

         5. TERM OF PLAN. The Plan shall become effective upon the earlier to
occur of its adoption by the Board of Directors or its approval by the
stockholders of the Company in accordance with applicable state law. It shall
continue in effect for a term of ten (10) years unless sooner terminated under
Section 11 of this Plan; provided, however, that the Plan shall remain in effect
so long as any Award remains outstanding and as long as necessary to issue any
Awards pursuant to commitments entered into prior to the expiration of this
Plan.

         6. OPTIONS.

            (a) GENERAL TERMS.

                  (i) WRITTEN AGREEMENT. Each Option shall be set forth in a
         written option document setting forth the number and kind of Shares
         that may be issued upon exercise of the Option, the purchase price of
         each Share, the term of the Option, such terms and conditions on the
         vesting and/or exercisability of an Option as may be determined by the
         Administrator, any restrictions on the transfer of the Option and
         forfeiture provisions and such further terms and conditions, in each
         case not inconsistent with this Plan, as may be determined from time to
         time by the Administrator. The written option document need not be
         signed by the Optionee.

                  (ii) DESIGNATION. Each Option shall be designated in the
         written option document as either an Incentive Stock Option or a
         Nonstatutory Stock Option. Notwithstanding such designations, to the
         extent that an Option does not qualify as an Incentive Stock Option, it
         shall be treated as a Nonstatutory Stock Option.

                  (iii) ELIGIBILITY. To the extent then required by the Code,
         Incentive Stock Options may be granted only to Employees.

                  (iv) TERM OF OPTION. The term of each Option shall be the term
         stated in the written agreement evidencing such Option; provided,
         however, that, to the extent then required by the Code, in the case of
         an Incentive Stock Option, the term shall be no more than ten (10)
         years from the date of grant thereof or such shorter term as may be
         provided in the Option Agreement and, in the case of an Incentive Stock
         Option granted to an Optionee who, at the time the Option is granted,
         owns stock representing more than ten percent (10%) of the voting power
         of all classes of stock of the Company or any Parent or Subsidiary, the
         term of the Option shall be five (5) years from the date of grant
         thereof or such shorter term as may be provided in the written
         agreement evidencing such Option.

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                  (v) EXERCISE PRICE. The per share exercise price for the
         Shares to be issued pursuant to exercise of an Option shall be such
         price as is determined by the Board, but shall be subject to the
         following:

                           (A) To the extent then required by the Code, in the
                  case of an Incentive Stock Option:

                                    (1) granted to an Employee who, at the time
                           of the grant of such Incentive Stock Option, owns
                           stock representing more than ten percent (10%) of the
                           voting power of all classes of stock of the Company
                           or any Parent or Subsidiary, the per Share exercise
                           price shall be no less than 110% of the Fair Market
                           Value per Share on the date of grant, and

                                    (2) granted to any Employee, the per Share
                           exercise price shall be no less than 100% of the Fair
                           Market Value per Share on the date of grant.

                           (B) In the case of a Nonstatutory Stock Option
                  granted to any person, the per Share exercise price may not be
                  less than the Fair Market Value per Share on the date of
                  grant.

                  (vi) PAYMENT OF EXERCISE PRICE. Unless otherwise provided by
         the Administrator in the stock option document, the exercise price of
         an Option may be paid in one or more of the following: (1) cash, (2)
         check, (3) other Shares which (x) in the case of Shares acquired upon
         exercise of an Option either have been owned by the Optionee for more
         than six months on the date of surrender or were not acquired, directly
         or indirectly, from the Company, and (y) have a Fair Market Value on
         the date of surrender equal to the aggregate exercise price of the
         Shares as to which said Option shall be exercised, (4) delivery of a
         properly executed exercise notice together with irrevocable
         instructions to a broker registered under the Exchange Act to promptly
         deliver to the Company the amount of proceeds required to pay the
         exercise price, and (5) any combination of the foregoing methods of
         payment.

               (b) EXERCISE OF OPTIONS OR SARS.

                  (i) PROCEDURE FOR EXERCISE; RIGHTS AS A STOCKHOLDER. Any
         Option or SAR granted hereunder shall be exercisable at such times and
         under such conditions as determined by the Administrator, including
         performance criteria with respect to the Company and/or the
         Participant, and as shall be permissible under the terms of this Plan.

                  An Option or SAR may not be exercised for a fraction of a
         Share.

                  An Option or SAR shall be deemed to be exercised when written
         notice of such exercise has been given to the Company in accordance
         with the terms of the Option

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         or SAR by the person entitled to exercise such Option or SAR and, if an
         Option is to be exercised, full payment for the Shares with respect to
         which the Option is exercised has been received by the Company. Full
         payment may, as authorized by the Administrator, consist of any
         consideration and method of payment allowable under Section 6(a)(vi) of
         this Plan. Until the issuance (as evidenced by the appropriate entry on
         the books of the Company or of a duly authorized transfer agent of the
         Company) of the stock certificate evidencing such Shares, no right to
         vote or receive dividends or any other rights as a stockholder shall
         exist with respect to the Optioned Stock, notwithstanding the exercise
         of the Option. No adjustment will be made for a dividend or other right
         for which the record date is prior to the date the stock certificate is
         issued, except as provided in Section 10 of this Plan.

                  Exercise of an Option or SAR in any manner shall result in a
         decrease in the number of Shares which thereafter may be available
         under the Option or SAR by the number of Shares as to which the Option
         or SAR is exercised.

                  (ii) TERMINATION OF EMPLOYMENT. In the event of termination of
         a Participant's Continuous Status as an Employee, status as a
         Non-Employee Director or consulting relationship with the Company (as
         the case may be), such Participant may, but only within ninety (90)
         days (or such other period of time as is determined by the
         Administrator, with such determination in the case of an Incentive
         Stock Option and to the extent then required by the Code, being made at
         the time of grant of the Option and not exceeding ninety (90) days)
         after the date of such termination (but in no event later than the
         expiration date of the term of such Option or SAR as set forth in the
         written document evidencing such Option or SAR), exercise such Option
         or SAR to the extent that such Participant was entitled to exercise it
         at the date of such termination. To the extent that such Participant
         was not entitled to exercise the Option or SAR at the date of such
         termination, or if such Participant does not exercise such Option or
         SAR to the extent so entitled within the time specified herein, the
         Option or SAR shall terminate.

                  (iii) DISABILITY OF OPTIONEE. Notwithstanding the provisions
         of Section 6(b) above, in the event of termination of a Participant's
         Continuous Status as an Employee, status as a Non-Employee Director or
         consulting relationship with the Company (as the case may be) as a
         result of total and permanent disability (as defined in Section
         22(e)(3) of the Code), such Participant may, but only within twelve
         (12) months (or such other period of time as is determined by the
         Administrator, with such determination in the case of an Incentive
         Stock Option and to the extent then required by the Code, being made at
         the time of grant of the Options and not exceeding twelve (12) months)
         from the date of such termination (but in no event later than the
         expiration date of the term of such Option or SAR as set forth in the
         written document evidencing such Option or SAR), exercise the Option or
         SAR to the extent otherwise entitled to exercise it at the date of such
         termination. To the extent that such Participant was not entitled to
         exercise the Option or SAR at the date of termination, or if such
         Participant does not

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         exercise such Option or SAR to the extent so entitled within the time
         specified herein, the Option or SAR shall terminate.

                  (iv) DEATH OF OPTIONEE. In the event of the death of a
         Participant, the Option or SAR may be exercised at any time within
         twelve (12) months following the date of death (but in no event later
         than the expiration date of the term of such Option or SAR as set forth
         in the written document evidencing such Option or SAR) by the
         Participant's estate or by a person who acquired the right to exercise
         the Option or SAR by bequest or inheritance, but only to the extent the
         Participant was entitled to exercise the Option or SAR at the date of
         death or to the extent that the Administrator accelerates the vesting
         of such Award upon the Participant's death. To the extent that such
         Participant was not entitled to exercise the Option or SAR at the date
         of death, or if such Participant's estate or any person who acquired
         the right to exercise the Option or SAR by bequest or inheritance does
         not exercise such Option or SAR to the extent so entitled within the
         time specified herein, the Option or SAR shall terminate.

                  (v) BUYOUT PROVISIONS. The Administrator may at any time offer
         to buy out for a payment in cash or Shares, an Option or SAR previously
         granted, based on such terms and conditions as the Administrator shall
         establish and communicate to the Participant at the time that such
         offer is made.

                  (vi) PAYOUT PROVISIONS. At the discretion of the Company, the
         payment to a Participant upon exercise of a SAR, may be in cash, in
         Shares or Stock Units of equivalent value as determined by the
         Administrator, or in some combination thereof, subject to the
         availability of Shares under the Plan.

            (c) NON-TRANSFERABILITY OF OPTIONS OR SARS. Unless otherwise
provided by the Administrator, no Option or SAR may be sold, pledged, assigned,
hypothecated, transferred, or disposed of in any manner other than by will or by
the laws of descent or distribution and may be exercised, during the lifetime of
the Participant, only by the Participant. The terms of the Option or SAR shall
be binding upon the executors, administrators, heirs, successors and assigns of
the Participant.

     7. PERFORMANCE SHARE AWARDS, PERFORMANCE UNIT AWARDS, RESTRICTED STOCK
        AWARDS, RESTRICTED UNIT AWARDS AND STOCK UNIT AWARDS.

            (a) AWARDS. Performance Share Awards, Performance Unit Awards,
Restricted Stock Awards, Restricted Unit Awards, or Stock Unit Awards may be
issued by the Administrator to Eligible Individuals, either alone, in addition
to, or in tandem with other Awards granted under the Plan and/or cash awards
made outside of this Plan. Such Awards shall be evidenced by a written document
containing any provisions regarding (i) the number of Shares or Stock Units
subject to such Award or a formula for determining such, (ii) the purchase price
of the Shares or Stock Units, if any, and the means of payment for the Shares or
Stock Units,

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(iii) the performance criteria, if any, and level of achievement versus these
criteria that shall determine the number of Shares or Stock Units granted,
issued, retainable and/or vested, (d) such terms and conditions on the grant,
issuance, vesting and/or forfeiture of the Shares or Stock Units as may be
determined from time to time by the Administrator, (e) restrictions on the
transferability of the Shares and Stock Units and (f) such further terms and
conditions in each case not inconsistent with this Plan as may be determined
from time to time by the Administrator.

            (b) VESTING. The grant, issuance, retention and/or vesting of Shares
or Stock Units pursuant to any Performance Share Awards, Performance Unit
Awards, Restricted Stock Awards, Restricted Unit Awards, or Stock Unit Awards of
Incentive Stock shall occur at such time and in such installments as determined
by the Administrator or under criteria established by the Administrator. The
Administrator shall have the right to make the timing of the grant and/or the
issuance, ability to retain and/or vesting of Shares or Stock Units subject to
continued employment, passage of time and/or such performance criteria as deemed
appropriate by the Administrator. Notwithstanding anything to the contrary
herein, the performance criteria for any Award that is intended to satisfy the
requirements for "performance-based compensation" under Code Section 162(m)
shall be a measure based on one or more Qualifying Performance Criteria selected
by the Administrator and specified at the time the Award is granted.

            (c) DISCRETIONARY ADJUSTMENTS. Notwithstanding satisfaction of any
performance goals, the number of Shares or Stock Units granted, issued,
retainable and/or vested under a Performance Share Award, Performance Unit
Award, Restricted Stock Award, Restricted Unit Award, or Stock Unit Award on
account of either financial performance or personal performance evaluations may
be reduced by the Administrator on the basis of such further considerations as
the Administrator shall determine.

         8. INCENTIVE BONUS AWARDS. Each Incentive Bonus Award will confer upon
the Employee the opportunity to earn a future payment tied to the level of
achievement with respect to one or more performance criteria established for a
performance period established by the Committee.

            (a) INCENTIVE BONUS DOCUMENT. Each Incentive Bonus Award shall be
evidenced by a document containing provisions regarding (a) the target and
maximum amount payable to the Employee, (b) the performance criteria and level
of achievement versus these criteria that shall determine the amount of such
payment, (c) the term of the performance period as to which performance shall be
measured for determining the amount of any payment, (d) the timing of any
payment earned by virtue of performance, (e) restrictions on the alienation or
transfer of the bonus prior to actual payment, (f) forfeiture provisions and (g)
such further terms and conditions, in each case not inconsistent with this Plan
as may be determined from time to time by the Administrator. The maximum amount
payable as an bonus may be a multiple of the target amount payable, but the
maximum amount payable pursuant to that portion of an Incentive Bonus Award
granted under this Plan for any fiscal year to any Employee that is intended to

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satisfy the requirements for "performance-based compensation" under Section
162(m) of the Code shall not exceed $5,000,000.

            (b) PERFORMANCE CRITERIA. The Administrator shall establish the
performance criteria and level of achievement versus these criteria that shall
determine the target and maximum amount payable under an Incentive Bonus Award,
which criteria may be based on financial performance and/or personal performance
evaluations. The Administrator may specify the percentage of the target
incentive bonus that is intended to satisfy the requirements for
"performance-based compensation" under Section 162(m) of the Code.
Notwithstanding anything to the contrary herein, the performance criteria for
any portion of an Incentive Bonus Award that is intended by the Administrator to
satisfy the requirements for "performance-based compensation" under Section
162(m) of the Code shall be a measure based on one or more Qualifying
Performance Criteria selected by the Administrator and specified at the time the
Incentive Bonus Award is granted. The Administrator shall certify the extent to
which any Qualifying Performance Criteria has been satisfied, and the amount
payable as a result thereof, prior to payment of any incentive bonus that is
intended to satisfy the requirements for "performance- based compensation" under
Section 162(m) of the Code.

            (c) TIMING AND FORM OF PAYMENT. The Administrator shall determine
the timing of payment of any incentive bonus. The Administrator may provide for
or, subject to such terms and conditions as the Administrator may specify, may
permit an election for the payment of any incentive bonus to be deferred to a
specified date or event. An incentive bonus may be payable in Shares, Stock
Units or in cash or other property, including any Award permitted under this
Plan. Any incentive bonus that is paid in cash or other property shall not
affect the number of Shares otherwise available for issuance under this Plan.

            (d) DISCRETIONARY ADJUSTMENTS. Notwithstanding satisfaction of any
performance goals, the amount paid under an Incentive Bonus Award on account of
either financial performance or personal performance evaluations may be reduced
by the Administrator on the basis of such further considerations as the
Administrator shall determine.

         9. STOCK WITHHOLDING TO SATISFY WITHHOLDING TAX OBLIGATIONS. At the
discretion of the Administrator, Participants may satisfy withholding
obligations as provided in this paragraph. When a Participant incurs tax
liability in connection with an Award, which tax liability is subject to tax
withholding under applicable tax laws, and the Participant is obligated to pay
the Company an amount required to be withheld under applicable tax laws, the
Participant may satisfy the withholding tax obligation by electing to have the
Company withhold from the Shares to be issued, if any, that number of Shares
having a Fair Market Value equal to the amount required to be withheld. The Fair
Market Value of the Shares to be withheld shall be determined on the date that
the amount of tax to be withheld is to be determined (the "Tax Date").

            In the event that the Company elects to make a payment to the
Participant in cash upon the exercise of a SAR, the Participant may satisfy the
withholding tax obligation by electing

                                      -12-
<PAGE>

to have the Company withhold from such payment the amount required to satisfy
such withholding tax obligation.

            All elections by a Participant to have Shares or cash withheld for
this purpose, as the case may be, shall be made in writing in a form acceptable
to the Administrator and shall be subject to the following restrictions:

            (a) the election must be made on or prior to the applicable Tax
Date;

            (b) once made, the election shall be irrevocable as to the
particular Shares of the Option, stock purchase right or SAR, as to which the
election is made; and

            (c) all elections shall be subject to the consent or disapproval of
the Administrator.

            In the event the election to have Shares or cash withheld is made by
a Participant and the Tax Date is deferred under Section 83 of the Code because
no election is filed under Section 83(b) of the Code, the Participant shall
receive the full number of Shares or full amount of cash, as the case may be,
with respect to which the Award is exercised but such Participant shall be
unconditionally obligated to tender back to the Company the proper number of
Shares, or the proper amount of cash, as the case may be, on the Tax Date.

         10. ADJUSTMENTS UPON CHANGES IN CAPITALIZATION OR MERGER. Subject to
any required action by the stockholders of the Company, the number of Shares or
Stock Units covered by each outstanding Award and the number of Shares which
have not yet been issued under this Plan, as well as the purchase price, if any,
of each such outstanding Award, shall be proportionately adjusted for any
increase or decrease in the number of issued Shares resulting from a stock
split, reverse stock split, stock dividend, combination or reclassification or
similar transaction involving the Common Stock, or any other increase or
decrease in the number of issued Shares effected without receipt of
consideration by the Company; provided, however, that conversion of any
convertible securities of the Company shall not be deemed to have been "effected
without receipt of consideration." Such adjustment shall be made by the Board,
whose determination in that respect shall be final, binding and conclusive.
Except as expressly provided herein, no issuance by the Company of shares of
stock of any class, or securities convertible into shares of stock of any class,
shall affect, and no adjustment by reason thereof shall be made with respect to,
the number or price of shares of Common Stock subject to an Option or SAR.

             In the event of the proposed dissolution or liquidation of the
Company, the Board shall notify the Participant at least fifteen (15) days prior
to such proposed action. To the extent it has not been previously exercised, any
Option or SAR will terminate immediately prior to the consummation of such
proposed action and any restrictions on Awards shall expire immediately and that
such Awards shall fully vest prior to the consummation of such proposed action.
In the event of a merger or consolidation of the Company with or into another
corporation or the sale of

                                      -13-
<PAGE>

all or substantially all of the Company's assets (hereinafter, a "merger"), the
Board may authorize outstanding Options or SARs to be assumed or an equivalent
option or stock appreciation right to be substituted by such successor
corporation or a parent or subsidiary of such successor corporation and may
assign any Awards to the successor corporation. In the event that such successor
corporation does not agree to assume the Option or SAR, or to substitute an
equivalent option or stock appreciation right, the Board shall, in lieu of such
assumption or substitution, provide for the Participant to have the right to
exercise all Options or SARs previously granted to such Participant, including
Options or SARs which would not otherwise be exercisable. If the Board makes an
Option or SAR fully exercisable in lieu of assumption or substitution in the
event of a merger, the Board shall notify the Participant that the Option or SAR
shall be fully exercisable for a period of fifteen (15) days from the date of
such notice, and the Option or SAR will terminate upon the expiration of such
period. For the purposes of this paragraph, the Option or SAR shall be
considered assumed if, following the merger, the Option or SAR, confers the
right to purchase, or receive the appreciation in Fair Market Value, as the case
may be, for each Share of stock subject to the Option or SAR immediately prior
to the merger, the consideration (whether stock, cash, or other securities or
property) received in the merger by holders of Common Stock for each Share held
on the effective date of the transaction (and if holders were offered a choice
of consideration, the type of consideration chosen by the holders of a majority
of the outstanding Shares); provided, however, that if such consideration
received in the merger was not solely common stock of the successor corporation
or its Parent, the Board may, with the consent of the successor corporation and
the participant, provide for the consideration to be received upon the exercise
of the Option or SAR, for each Share of stock subject to the Option or SAR, to
be solely common stock of the successor corporation or its Parent equal in Fair
Market Value to the per share consideration received by holders of Common Stock
in the merger or sale of assets.

         11. AMENDMENT AND TERMINATION OF THIS PLAN.

             (a) AMENDMENT AND TERMINATION. The Board may at any time amend,
alter, suspend or discontinue the Plan, but no amendment, alteration, suspension
or discontinuation shall be made which would impair the rights of any
Participant under any grant theretofore made, without his or her consent. In
addition, to the extent necessary and desirable to comply with Rule 16b-3 under
the Exchange Act or with Section 422 of the Code (or any other applicable law or
regulation, including the requirements of Nasdaq or an established stock
exchange), the Company shall obtain stockholder approval of any Plan amendment
in such a manner and to such a degree as required.

             (b) EFFECT OF AMENDMENT OR TERMINATION. Any such amendment or
termination of this Plan shall not affect Awards already granted and such Awards
shall remain in full force and effect as if this Plan had not been amended or
terminated, unless mutually agreed otherwise between the Participant and the
Board, which agreement must be in writing and signed by the Participant and the
Company.

                                      -14-
<PAGE>

         12. CONDITIONS UPON ISSUANCE OF SHARES. Shares shall not be issued
pursuant to the Plan unless the issuance and delivery of such Shares shall
comply with all relevant provisions of law including, without limitation, the
Securities Act of 1933, as amended, the Exchange Act, the rules and regulations
promulgated thereunder, and the requirements of Nasdaq or of any stock exchange
upon which the Shares may then be listed.

         13. RESERVATION OF SHARES. The Company, during the term of this Plan,
will at all times reserve and keep available such number of Shares as shall be
sufficient to satisfy the requirements of this Plan.

             The inability of the Company to obtain authority from any
regulatory body having jurisdiction, which authority is deemed by the Company's
counsel to be necessary to the lawful issuance and sale of any Shares hereunder,
shall relieve the Company of any liability in respect of the failure to issue or
sell such Shares as to which such requisite authority shall not have been
obtained.

         14. INFORMATION TO PARTICIPANTS. The Company shall provide to each
Participant, during the period for which such Participant has one or more Awards
outstanding, copies of all annual reports and other information which are
provided to all stockholders of the Company.

         15. NO RIGHT TO EMPLOYMENT. The Plan shall not confer upon any
Participant any right with respect to continuation of employment or consulting
relationship with the Company, nor shall it interfere in any way with his right
or the Company's right to terminate his employment or consulting relationship at
any time, with or without cause.

         16. GOVERNING LAW. The validity, constrictions and effect of this Plan,
agreements entered into pursuant to the Plan, and of any rules, regulations,
determinations or decisions made by the Administrator relating to the Plan or
such agreements, and the rights of any and all persons having or claiming to
have any interest therein or thereunder, shall be determined exclusively in
accordance with applicable federal laws and the laws of the state of Delaware,
without regard to its conflict of laws principles.

                                      -15-<PAGE>

                                                                    Exhibit 10.6

$6,195,615                                                          May 18, 2001

                                PROMISSORY NOTE
                                ---------------

         FOR VALUE RECEIVED, EDWARD W. STACK, a resident of the Commonwealth of
Pennsylvania ("Maker"), hereby promises to pay to the order of DICK'S SPORTING
GOODS, INC., a Delaware corporation ("Holder"), or its registered assigns, the
principal sum of Six Million One Hundred Ninety Five Thousand Six Hundred
Fifteen Dollars ($6,195,615), in lawful money of the United States of America,
together with interest on the unpaid principal balance outstanding and unpaid
from time to time at the rate set forth below, from the date hereof until said
unpaid principal balance shall become due and payable (whether at maturity or by
declaration of acceleration or otherwise).

1.      PRINCIPAL. Maker shall pay the entire principal amount of this Note to
Holder or its registered assigns on or before May 18, 2011 (the "Maturity
Date"), unless the maturity date is accelerated as set forth herein or unless
sooner paid in full.

2.      INTEREST. Simple interest shall accrue and be payable on the outstanding
principal amount of this Note at the rate of Five and One Half Percent (5.5%)
per annum from the date of this Note until the principal amount is paid in full.
Interest on this Note shall be computed on the basis of a Three Hundred and
Sixty (360) day year. All accrued interest shall be due and payable annually on
May 18 of each year that any portion of the principal amount of this Note is
outstanding, beginning May 18, 2002, and on the date on which all principal is
due and payable, whether on the Maturity Date, the Accelerated Maturity Date (as
defined herein), or upon any prepayment.

3.      METHOD OF PAYMENT. Maker shall pay the principal of and accrued
interest on this Note in money of the United States. All payments received
hereon shall be applied first to interest and then to principal.

4.      PREPAYMENT. This Note may be prepaid in whole at any time or in part
from time to time prior to the Maturity Date, without premium or penalty, upon
payment of the principal amount being prepaid together with interest accrued
thereon to the date of prepayment.

5.      ACCELERATION OF PAYMENT. In the event that Maker ceases, for any reason,
to be an employee of Dick's Sporting Goods, Inc. or any subsidiary of or
successor to Dick's Sporting Goods, Inc., the Maturity Date of this Note shall
be accelerated to the last date on which Maker is employed by Dick's Sporting
Goods, Inc., a subsidiary

<PAGE>

thereof, or successor thereto (the "Accelerated Maturity Date"), and all
outstanding principal and accrued interest shall be due and payable on the
Accelerated Maturity Date.

6.      NEGATIVE PLEDGE OF COMMON STOCK. The loan by Holder to Maker that is
represented by this Note is made in connection with the exercise by Maker of
employee stock options to purchase One Million Two Hundred Thirty Nine Thousand
One Hundred Twenty Three (1,239,123) shares of Common Stock of Dick's Sporting
Goods, Inc. (the "Common Stock"), and the proceeds of such loan are being used
by Maker solely to pay the exercise price for the Common Stock. Maker covenants
and agrees with Holder that so long as any principal, interest, or other amounts
are due by Maker to Holder under this Note, Maker shall not, directly or
indirectly, (a) sell, assign, transfer, or otherwise dispose of, in one
transaction or any series of transactions, all or any portion of the Common
Stock; or (b) create, incur, assume, or permit to exist any lien, security
interest, or encumbrance of any nature whatsoever on the Common Stock. Maker
further covenants and agrees that he shall cause Dick's Sporting Goods, Inc. to
place a legend on the certificate representing the Common Stock that identifies
the foregoing negative pledge, and that he shall not cause or allow such legend
to be removed from such certificate until this Note is paid in full.
Notwithstanding the foregoing or any other provision hereof this Note is made
with full recourse to any and all monies, funds, properties and other tangible
and intangible assets of Maker, in any form and wherever located.

7.      EVENTS OF DEFAULT AND REMEDIES. (a) Each of the following shall
constitute an event of default ("Event of Default") under this Note: (i) the
failure of Maker to repay the outstanding principal and/or accrued interest on
the Maturity Date or on the Accelerated Maturity Date; (ii) the failure of Maker
to perform, observe, or comply with any other provision of this Note, including
but not limited to Section 6 hereof; (iii) the commencement by Maker of a
voluntary case under the federal Bankruptcy Code, as amended, or any similar
federal or state law now or hereafter in effect; (iv) the commencement of an
involuntary case under the federal Bankruptcy Code, or any similar federal or
state law now or hereafter in effect, against Maker that is not dismissed within
thirty (30) days of its commencement; (v) the initiation by or against Maker of
any other proceedings for reorganization, arrangement, or readjustment of any of
his debts under any other federal or state law for the relief of debtors, now or
hereafter in effect; (vi) the admission by Maker of his inability to pay his
debts as they mature or the making by Maker of any assignment for the benefit of
his creditors; (vii) the appointment of a receiver, custodian, or trustee for
Maker or for any substantial part of his assets; or (viii) the issuance of any
attachment or garnishment against the Common Stock.

                                       2
<PAGE>

         (b) Upon the occurrence of any Event of Default, (i) the principal of
and interest on this Note shall, by declaration of acceleration at the option of
Holder and without notice to Maker, become immediately due and payable; (ii)
interest on the outstanding principal amount shall accrue at the default rate of
Twelve Percent (12%) per annum until all principal and interest are paid in
full; and (iii) Holder shall be entitled to exercise any and all remedies
available at law or in equity.

         (c) Should this Note be placed in the hands of attorneys for collection
by reason of an Event of Default, Maker shall pay all expenses, including
reasonable attorneys' fees and legal expenses, incurred by Holder in endeavoring
to collect any amounts payable hereunder.

6.      PLACE OF PAYMENT. Payments hereon are to be made at 200 Industry Drive,
RIDC Park West, Pittsburgh, Pennsylvania 15275, or at such other place as Holder
may designate in writing from time to time.

7.      WAIVERS. Maker hereby waives, to the fullest extent permitted by law,
presentment, demand, notice of dishonor and protest of this debt and each and
every other notice of any kind respecting this Note.

8.      GOVERNING LAW. This Note is made under and governed by the laws of the
State of Delaware.

        IN WITNESS WHEREOF, Maker has executed this Note as of the 18th day of
May, 2001.

                                        ----------------------------------------
                                        EDWARD W. STACK

WITNESS:

------------------------------

                                       3

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