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Post by ence on Aug 14, 2014 12:52:51 GMT -5
First, for full disclosure, I am a staunch fan of CSU (and no, I'm not a 'nym for MsRSV). As such, this www.reporterherald.com/Sports/ci_26332112/Tom-Hilbert-contract-screams-securitymakes me pretty happy. Back in '09 when Aiu left CU and they started talking to Hilbert about a possible move, a lot of fans around Fort Collins started getting nervous. So thanks, Liz. Seems Ram fans (and athletes) won't have to worry about this anymore. This got me wondering what level of stability typically gets offered to D1 coaches on their renewals. Anybody got some insight? |
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Post by FOBRA on Aug 14, 2014 13:14:30 GMT -5
5 year contracts seem fairly standard, although that article doesn't mention if it's guaranteed. If all 5 years are guaranteed that would be real financial security. The $1m buyout is interesting but that's more of a protection for CSU. A coach wouldn't normally want that buyout because would limit the chance for them leaving to a bigger gig. It seems like less of an issue here... by the time you hit 18 years you're pretty much in it until retirement.
"Hilbert is not only the highest-paid coach in the Mountain West, but the fourth-highest paid coach at a public university in terms of base salary. Only the coaches at Nebraska, Texas and Washington exceed him in that regard."
Is that right? That can't be right.
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Post by vbnerd on Aug 14, 2014 13:16:08 GMT -5
4th highest behind Nebraska, Texas and Washington? I would have put $200,000 around 10th. I recall Mike Hebert crossing the $200k line years ago, so I guess not many schools have followed and apparently they saved some money when they hired Hugh, unless of course that figure included other sources of revenue. I've heard that Matt Peck is over $200k with camp money as I'm sure many are.
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Post by goodtobeagator on Aug 14, 2014 21:39:26 GMT -5
5 year contracts seem fairly standard, although that article doesn't mention if it's guaranteed. If all 5 years are guaranteed that would be real financial security. The $1m buyout is interesting but that's more of a protection for CSU. A coach wouldn't normally want that buyout because would limit the chance for them leaving to a bigger gig. It seems like less of an issue here... by the time you hit 18 years you're pretty much in it until retirement. "Hilbert is not only the highest-paid coach in the Mountain West, but the fourth-highest paid coach at a public university in terms of base salary. Only the coaches at Nebraska, Texas and Washington exceed him in that regard." Is that right? That can't be right. Nope.... "Mary Wise, the volleyball coach, and Tim Walton, the softball coach, earn a lot less than Meyer’s $4.5 million a year. But with annual salaries and benefits in 2009 of nearly $365,000 and $253,000, they are paid substantially more than their peers in their sports. “They’ve earned it,” said Foley, who pays all of his coaches handsomely." www.nytimes.com/2010/09/03/sports/03cup.html?pagewanted=all&_r=0 |
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Post by livbfan on Aug 15, 2014 8:58:01 GMT -5
4th highest behind Nebraska, Texas and Washington? I would have put $200,000 around 10th. I recall Mike Hebert crossing the $200k line years ago, so I guess not many schools have followed and apparently they saved some money when they hired Hugh, unless of course that figure included other sources of revenue. I've heard that Matt Peck is over $200k with camp money as I'm sure many are. Does camp money show up on US Department of Ed. disclosures? |
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Post by jasonr on Aug 15, 2014 11:23:45 GMT -5
Is that right? That can't be right. The difference is base salary vs. total compensation. There are quite a few coaches that make more than $200k in total compensation. As far as I know, there are only 2 that make more than $500k. |
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Post by volleyguy on Aug 15, 2014 11:33:29 GMT -5
Is that right? That can't be right. The difference is base salary vs. total compensation. There are quite a few coaches that make more than $200k in total compensation. As far as I know, there are only 2 that make more than $500k. The article about Florida refers to "salaries and benefits" which can represent a third category. Some places include the cost of benefits (health insurance, etc, which can range from 25%-40%) in their compensation figure and some don't, so it's not always an issue of of comparing apples to apples. A lot of contracts also include incentives (an amount of money for a specific achievement, e.g. team g.p.a, winning conference, ncaa bid, etc), which usually aren't including in the publicized amount, but can raise the earnings considerably. |
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Post by volleyguy on Aug 15, 2014 11:46:44 GMT -5
4th highest behind Nebraska, Texas and Washington? I would have put $200,000 around 10th. I recall Mike Hebert crossing the $200k line years ago, so I guess not many schools have followed and apparently they saved some money when they hired Hugh, unless of course that figure included other sources of revenue. I've heard that Matt Peck is over $200k with camp money as I'm sure many are. Does camp money show up on US Department of Ed. disclosures? Every coach submits a disclosure form with that info on it to their department, but the reporting to the Dept of Ed is aggregated data for salaries and expenditures, and it doesn't appear to me that it includes camp revenues/expenditures/earnings. |
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Post by jasonr on Aug 15, 2014 12:05:43 GMT -5
The difference is base salary vs. total compensation. There are quite a few coaches that make more than $200k in total compensation. As far as I know, there are only 2 that make more than $500k. The article about Florida refers to "salaries and benefits" which can represent a third category. Some places include the cost of benefits (health insurance, etc, which can range from 25%-40%) in their compensation figure and some don't, so it's not always an issue of of comparing apples to apples. A lot of contracts also include incentives (an amount of money for a specific achievement, e.g. team g.p.a, winning conference, ncaa bid, etc), which usually aren't including in the publicized amount, but can raise the earnings considerably. As well as TV and radio contracts (coach's show), endorsements (shoe/merch deals), miscellaneous benefits (private plane hours, etc.), on-court performance and ticket sales incentives, and so on. I'm aware of the ballpark total compensation figures for both Cook and Rose, it's pretty staggering considering they coach women's volleyball. I'm guessing Elliott has started to climb into that conversation too. |
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Post by volleyguy on Aug 15, 2014 12:53:48 GMT -5
Would be interesting to compare Rose, Cook and Elliott's compensation to the Women's Basketball Coach at their respective schools. Most places WBB is way ahead because of being pegged to MBB, but might be close with these.
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Post by jasonr on Aug 15, 2014 13:30:32 GMT -5
Would be interesting to compare Rose, Cook and Elliott's compensation to the Women's Basketball Coach at their respective schools. Most places WBB is way ahead because of being pegged to MBB, but might be close with these. At Nebraska, Connie Yori's base was ~$673k last year. I'm not sure what her total compensation plus incentives/escalators was. So her base exceeds Cook's by roughly ~$280k per year. Cook's total compensation more than doubles his salary, but he still probably doesn't make as much as Yori overall. Edit: Getting the VB program in the black will probably be a major boon for Cook's compensation. His non-salary compensation will probably skyrocket as long as he keeps those boxes and VIP seats filled and the mandatory donations flowing. |
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