What part of the facts are you not understading?
Fairwarning posted that Izzo makes $310K from the school the rest that is part of his contract comes from other sources.
The cost of tution has not be raised at any university to pay a coach. You are aware, they are seperate entities that operate under a university umberalla. For example is paid by the Athletic Department and tution is under the Office of the Registar.
UGA Athletics turned in a $20 million profit this past year (mainly from football, of course), and has built up a $60 million surplus. I think the athletic department should be allowed to spend what they wish to get the best possible coach for each team.
It's a dog eat dog world.
http://www.onlineathens.com/stories/021609/uga_388303801.shtml
It's a dog eat dog world.
http://www.onlineathens.com/stories/021609/uga_388303801.shtml
tuition increase has nothing to do with athletics imo. its supply and demand.
more students you accept, the expenses quadruple for the university.
basketball and football programs bring in the bank so they should be making the most.
plus, people care more about a good program(basketball/football) then a good academic program these days.
more students you accept, the expenses quadruple for the university.
basketball and football programs bring in the bank so they should be making the most.
plus, people care more about a good program(basketball/football) then a good academic program these days.
Also, just because these athletic associations are considered "non-profit", there is nothing that says they can't continue to turn large "profits" year in and year out. That's really the goal of EVERY athletic department in the country, because the income is used to drive the futures of the school's sports teams. (i.e. hire the best coaches, build the best facilities, etc.)
I completely agree. The rumor mill is saying that they have offered Mike Anderson a 6-year/$14 million deal.
I am afraid that if the Memphis job opens, up we won't get him. I would take Anderson any day.
The one person I really don't want in Athens is Jeff Capel. I think he's overrated as a coach.
Took me less than 60 seconds to ask google:
http://www.usatoday.com/sports/college/2003-08-14-spending-revenue-study_x.htm
"Nearly two-thirds of all I-A football programs showed a profit in 2001"
Higher than I would have thought, but that means over one-third operated at a loss
And that was eight years ago. Spending has been going way up (newspaper headline today is that colleges are now pushing costs over $50 000 a year. That is a lot more than when I was in school just a few years ago. And there are 85 scholarship athletes on a football team). Also a lot of athletic-department expenses are dominated by the football team (eg most of the training staff, paid tutors, etc.), but won't show up on the books under the football budget.
Further how many Division I-AA, II, III or NAIA schools can you name that show a profit? For them, football is a huge loss, far greater than baseball or soccer or anything else. And those 700 or so schools take huge amounts of federal and state money all the time
TRS bows up: You always try to come across to be smarter than other people.
B: I'm not smarter than many people.
I'm not even smarter than most people.
But it could be fairly argued, however, that I am most certainly the smartest person in this 2person exchange of posts.
===
T: I am still loving the drunk drivers are not dangerous to other people.
B: Failure to comprehend what you read will hinder you in finding employment - so practice.
Drunk drivers are most certainly dangerous to other people.
But nowhere even remotely near how dangerous they are to themselves.
===
T: So if they are non profit they should not be paying these crazy salaries.
B: Asked and answered. If you honestly believe that, fussing about it here is the wrong place. Contact the people in Lansing who make those decisions.
B: I'm not smarter than many people.
I'm not even smarter than most people.
But it could be fairly argued, however, that I am most certainly the smartest person in this 2person exchange of posts.
===
T: I am still loving the drunk drivers are not dangerous to other people.
B: Failure to comprehend what you read will hinder you in finding employment - so practice.
Drunk drivers are most certainly dangerous to other people.
But nowhere even remotely near how dangerous they are to themselves.
===
T: So if they are non profit they should not be paying these crazy salaries.
B: Asked and answered. If you honestly believe that, fussing about it here is the wrong place. Contact the people in Lansing who make those decisions.
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What they don't mention is how much $ Rutgers gets from the Big East's other bowl cuts. I assume the BIG East does it like a lot of the other major conferences?
I think what Coaches make today is absolutely absurd. But, most of the $ comes from Boosters not the schools. If Booster's didn't want $ to go to sports they would donate to the general fund not the Athletic Foundations.
If BCS money was paid out evenly, Rutgers would have taken in another $2 million, but I would guess Cincinnati pulled in a much larger share than any other Big East team. So BCS payout + million dollar Bowl game = $1 million revenue at most
Anyone know exactly what the performace bonuses were for the coaches. If we had that we could figure out travel expenses, which might be pretty interesting
The money coming in from boosters doesn't change much. Oklahoma and Ohio State boosters pay a lot. But those are among the few schools that are already seeing profits. How much money do Wesleyan boosters give to their athletic programs?
Anyone know exactly what the performace bonuses were for the coaches. If we had that we could figure out travel expenses, which might be pretty interesting
The money coming in from boosters doesn't change much. Oklahoma and Ohio State boosters pay a lot. But those are among the few schools that are already seeing profits. How much money do Wesleyan boosters give to their athletic programs?
In the SEC all the bowl money is pooled and divided evenly among the entire conferance...And i know for facts that the LSU football program carries the entire womens programs on its back because none of those sports comes close to making a profit and the Baseball team has for the last 10 years at least paid its own way entirely which i doubt is the case with most schools... The coaches salary is not pd entirely by the Univ, We have a Tiger Athletic Foundation, which is another term for rich politicans. They pay for buyouts, etc as well as the vast majority of Les Miles salary. But they also OWN all the new additions on the stadium, Little known fact...the new additions are entirely separate from the rest of the stadium. They dont contact each other in any way. Its actually a stadium built within a stadium. But is that alright? Couldnt the state have bulit that addition and made the money themselves? TAC did it because thats how they can control the funds.
So i agree with Rightside that schools are in some cases like these getting shortchanged...
I also think that coaches, athletes, etc even in the Pros are WAY overpaid...BUT its because we allow it I NEVER WANT TO SEE THE GOVT requiring or setting rates or anything else.......Its none of their buisness especially the Federal Govt. If states want to set limits i wouldnt have a problem with that....
Once again the position of the Right is misstated, by trying to compare the AIG bonuses to coaches RS has fallen into a common trap. Using 1 left view to condemn another....The Govt has no buisness in either 1 of them and that is the only position someone on the right should have. ANYTHING after that is a LEFT position and we want no part of it....
So i agree with Rightside that schools are in some cases like these getting shortchanged...
I also think that coaches, athletes, etc even in the Pros are WAY overpaid...BUT its because we allow it I NEVER WANT TO SEE THE GOVT requiring or setting rates or anything else.......Its none of their buisness especially the Federal Govt. If states want to set limits i wouldnt have a problem with that....
Once again the position of the Right is misstated, by trying to compare the AIG bonuses to coaches RS has fallen into a common trap. Using 1 left view to condemn another....The Govt has no buisness in either 1 of them and that is the only position someone on the right should have. ANYTHING after that is a LEFT position and we want no part of it....
TomG - here is some contract info for you. A little dated but gives an idea: http://www.sportsbusinessdaily.com/article/108557
BCS Title Brings Big Bonuses To Florida Coach Urban Meyer
<table align="right" border="0" cellpadding="5" cellspacing="0"> <tbody> <tr align="center"> <td>
</td> </tr> <tr> <td class="imageCaption">Meyer Receives Hefty Bonus
For Winning BCS Title Game </td> </tr> </tbody> </table> Univ. of Florida (UF) football coach Urban Meyer will receive $300,000 in bonuses for winning the BCS title ($250,000) and finishing No. 1 in the final AP poll ($50,000), according to Smits, Dirocco & Elliott of the FLORIDA TIMES-UNION. Meyer already received a $250,000 “longevity incentive at the end of the regular season” and $75,000 for winning the SEC title, bringing his total to $625,000 in bonuses alone this season (FLORIDA TIMES-UNION, 1/10). However, in Orlando, Dave Curtis reports Meyer earned a $100,000 bonus for winning the BCS title game. With bonuses, Meyer’s total compensation comes to about $2M annually. UF President Bernie Machen said that he “expected school officials to renegotiate Meyer’s contract with a pay bump to make him among the country’s highest-paid coaches.” According to USA Today, Meyer’s $1.52M package before bonuses ranks 19th among Division I Bowl subdivision coaches (ORLANDO SENTINEL, 1/10).
CARDINALS: In Louisville, Brian Bennett reports new Univ. of Louisville (UL) football coach Steve Kragthorpe yesterday agreed to a five-year deal worth $1.1M annually, and his “buyout clause is twice as much” as former coach Bobby Petrino’s $1M if he leaves before the contract expires in 2012. Kragthorpe will receive a $100,000 bonus if the team makes a BCS game, “half as much as Petrino earned for reaching this year’s Orange Bowl.” He will receive a $1.25M bonus if he is still the coach on June 30, 2012, and “such longevity would also trigger a $1[M] annuity.” The contract also calls for UL to pay the Univ. of Tulsa $300,000 to cover the cost of Kragthorpe’s buyout (Louisville COURIER-JOURNAL, 1/10).
<table align="left" border="0" cellpadding="5" cellspacing="0"> <tbody> <tr align="center"> <td>
</td> </tr> <tr> <td class="imageCaption">Kelly Inks New Five-Year
Contract With Univ. Of Cincinnati </td> </tr> </tbody> </table> BEARCATS: In Cincinnati, Bill Koch reports new Univ. of Cincinnati (UC) football coach Brian Kelly will receive guaranteed annual income of $800,000 under his new five-year contract. Kelly will receive a $100,000 bonus for reaching a BCS game, $50,000 for winning the Big East and $50,000 if the team finishes in the final regular-season USA Today or AP Top 25. He will also receive $10,000 for each win over a Top 25 team, $40,000 for an appearance in a non-BCS bowl, $20,000 for being named Big East Coach of the Year and $50,000 for being named national Coach of the Year. Kelly’s guaranteed annual income includes a base salary of $250,000, plus $200,000 from TV and radio contracts, $150,000 for public speaking and other personal appearance engagements, a guarantee of $100,000 in revenue from a summer camp and a $100,000 signing bonus. He would have to pay $2M if he leaves before December 31, 2007; $1M if he leaves before December 31, 2008; $500,000 before December 31, 2009; and $250,000 after that (CINCINNATI ENQUIRER, 1/10).
BCS Title Brings Big Bonuses To Florida Coach Urban Meyer
<table align="right" border="0" cellpadding="5" cellspacing="0"> <tbody> <tr align="center"> <td>
For Winning BCS Title Game </td> </tr> </tbody> </table> Univ. of Florida (UF) football coach Urban Meyer will receive $300,000 in bonuses for winning the BCS title ($250,000) and finishing No. 1 in the final AP poll ($50,000), according to Smits, Dirocco & Elliott of the FLORIDA TIMES-UNION. Meyer already received a $250,000 “longevity incentive at the end of the regular season” and $75,000 for winning the SEC title, bringing his total to $625,000 in bonuses alone this season (FLORIDA TIMES-UNION, 1/10). However, in Orlando, Dave Curtis reports Meyer earned a $100,000 bonus for winning the BCS title game. With bonuses, Meyer’s total compensation comes to about $2M annually. UF President Bernie Machen said that he “expected school officials to renegotiate Meyer’s contract with a pay bump to make him among the country’s highest-paid coaches.” According to USA Today, Meyer’s $1.52M package before bonuses ranks 19th among Division I Bowl subdivision coaches (ORLANDO SENTINEL, 1/10).
CARDINALS: In Louisville, Brian Bennett reports new Univ. of Louisville (UL) football coach Steve Kragthorpe yesterday agreed to a five-year deal worth $1.1M annually, and his “buyout clause is twice as much” as former coach Bobby Petrino’s $1M if he leaves before the contract expires in 2012. Kragthorpe will receive a $100,000 bonus if the team makes a BCS game, “half as much as Petrino earned for reaching this year’s Orange Bowl.” He will receive a $1.25M bonus if he is still the coach on June 30, 2012, and “such longevity would also trigger a $1[M] annuity.” The contract also calls for UL to pay the Univ. of Tulsa $300,000 to cover the cost of Kragthorpe’s buyout (Louisville COURIER-JOURNAL, 1/10).
<table align="left" border="0" cellpadding="5" cellspacing="0"> <tbody> <tr align="center"> <td>
Contract With Univ. Of Cincinnati </td> </tr> </tbody> </table> BEARCATS: In Cincinnati, Bill Koch reports new Univ. of Cincinnati (UC) football coach Brian Kelly will receive guaranteed annual income of $800,000 under his new five-year contract. Kelly will receive a $100,000 bonus for reaching a BCS game, $50,000 for winning the Big East and $50,000 if the team finishes in the final regular-season USA Today or AP Top 25. He will also receive $10,000 for each win over a Top 25 team, $40,000 for an appearance in a non-BCS bowl, $20,000 for being named Big East Coach of the Year and $50,000 for being named national Coach of the Year. Kelly’s guaranteed annual income includes a base salary of $250,000, plus $200,000 from TV and radio contracts, $150,000 for public speaking and other personal appearance engagements, a guarantee of $100,000 in revenue from a summer camp and a $100,000 signing bonus. He would have to pay $2M if he leaves before December 31, 2007; $1M if he leaves before December 31, 2008; $500,000 before December 31, 2009; and $250,000 after that (CINCINNATI ENQUIRER, 1/10).
