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Does anyone know why college coaching contracts are not more incentive focused?
Posted on 1/16/21 at 10:23 am
Posted on 1/16/21 at 10:23 am
I’m right now looking at UT and my school, SC. The ridiculous buyouts of Pruitt and Muschamp seem so lacking in any kind of basic business acumen.
It’s likely not coincidental that the AD’s of each school are not businessmen, they are lifelong coaches.
In contrast, consider Coastal Carolina. For those that don’t know, their football program is not run by the AD and the football coach does not report to the AD. The football program is run by Joe Moglia, the former CEO of TD Ameritrade.
Jamie Chadwell’s (CCU head coach) contract had him making a base salary of $350k but it was loaded with incentives. After CCU’s success this year Chadwell made over $1.2M.
I understand the market will dictate certain salaries for coaches. But why does that salary need to be guaranteed? If a coach is not willing to agree to a contract that pays him extremely well but he must meet certain success milestones, then is that coach worth having?
It’s likely not coincidental that the AD’s of each school are not businessmen, they are lifelong coaches.
In contrast, consider Coastal Carolina. For those that don’t know, their football program is not run by the AD and the football coach does not report to the AD. The football program is run by Joe Moglia, the former CEO of TD Ameritrade.
Jamie Chadwell’s (CCU head coach) contract had him making a base salary of $350k but it was loaded with incentives. After CCU’s success this year Chadwell made over $1.2M.
I understand the market will dictate certain salaries for coaches. But why does that salary need to be guaranteed? If a coach is not willing to agree to a contract that pays him extremely well but he must meet certain success milestones, then is that coach worth having?
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Posted on 1/16/21 at 10:25 am to Toneski
Because State U will give them a contact without incentives. If everyone is not on board, you get what we’ve got.
Posted on 1/16/21 at 10:26 am to Toneski
You mean like if a coach wins a national championship they become the highest paid college coach? That never happens.
Posted on 1/16/21 at 10:36 am to Toneski
There's too much money in CFB. Way too much.
Posted on 1/16/21 at 10:37 am to civiltiger07
quote:
You mean like if a coach wins a national championship they become the highest paid college coach? That never happens.
No, I mean like if your football program is having losing seasons you don’t give your coach a $4M/year guaranteed 5 year contract. You give your coach a lower base salary guaranteed for 5 years but with huge bonuses for wining season, top 25 finish, Top 10 finish, etc.
You don’t pay your new OC with no history of success (in SC’s case) $900k. You pay him $600k with a $300k bonus for a top 50 offense, another $300k for a top 20 offense, etc.
Posted on 1/16/21 at 10:40 am to Toneski
Coaches don’t last as long as they used to in a school. To compensate they ask for security of the current contracts.
You really see the incentive laden contracts on unknown coaches or ones with something sketchy in past.
You really see the incentive laden contracts on unknown coaches or ones with something sketchy in past.
Posted on 1/16/21 at 10:40 am to chillmonster
quote:
There's too much money in CFB. Way too much.
No doubt. Hopefully 2020 and the 50% loss in football revenue at a lot of schools will bring some common sense into these athletic departments.
Posted on 1/16/21 at 10:41 am to civiltiger07
Not necessarily. I would think it’d be Base Salary + Recruiting Ranking + Win with an agreed upon cap, and of course the figures would vary based on the contract. So, hypothetical base of 400K, 1-10 Recruiting rank = 400K with 100K less for every successive tier, then 300K per win for Pruitt would have been 1.7 mil. Saban on the other hand may go 1.2mil base and 500K for 1-10, plus 500K per win ... shakes out to 7.2 mil. I wish contracts were incentive based.
Posted on 1/16/21 at 10:42 am to NYCAuburn
quote:
You really see the incentive laden contracts on unknown coaches or ones with something sketchy in past.
That is a good point and may be the case with Chadwell. He had NCAA infraction issues at his previous gig.
Posted on 1/16/21 at 10:43 am to Toneski
Because the supply of good coaches is lower than demand.
Coaches are people and will take the most amount of guaranteed money.
We will all do the same
Coaches are people and will take the most amount of guaranteed money.
We will all do the same
Posted on 1/16/21 at 10:47 am to civiltiger07
quote:
You mean like if a coach wins a national championship they become the highest paid college coach? That never happens.
Didn't Ed Orgeron get a huge raise after he won the Championship? Then the following year he had his team flopped! That is what he is talking about why pay the HC top dollars for that Championship and then flopped the following year? Then what will LSU team be like this fall? Will it be another questionable hired after have to replaced some coaches that didn't panned out? Nick Saban is the best and he deserved to be paid for what he does each year. Orgeron hasn't done what Nick have done. Keep winning championship and if no championship but has his team being respected in the top 10.
Posted on 1/16/21 at 10:53 am to UltimaParadox
quote:
Because the supply of good coaches is lower than demand.
But that’s kind of my point. There are way more bad coaches than good coaches and schools are paying all these bad coaches ridiculous guaranteed contracts.
Posted on 1/16/21 at 11:00 am to Toneski
Having incentives and having a large buy out aren’t mutually exclusive. Almost all contracts have incentives built in. They still have high base salaries. I think Kiffin earns an extra $100k per SEC win and extra for an SEC and National title. His base salary is still over $4mil thus the buyout
Posted on 1/16/21 at 11:18 am to Toneski
Because they won’t sign them, some other dipshit school will just give them money up front.
Posted on 1/16/21 at 11:24 am to Toneski
Because agents are very smart and college administrators are not.
Posted on 1/16/21 at 11:26 am to Toneski
Posted on 1/16/21 at 11:27 am to Toneski
I mean its a basic capitalistic market. You're worth what someones willing to pay you. Is it absolutely preposterous that arkansas owed chad morris or lsu owed bo pellini a dime? Ofcourse it is. But at the same time while they were there they could have been somewhere else making money. It would take everyone getting on board to fix it and that is never going to happen. The sad part is the money is there and going to these coaches instead of going into the schools other sports. Amateur athletics are one of the more pure fun things in the world to watch and college football becomes more like the NFL every single day. But if for some reason everyone stopped watching football and started watching college baseball it would be the same way in a few years after tv contracts got worked out. 247 would have tip top baseball recruiting coverage (for a free ofcourse) and we would rinse and repeat.
Posted on 1/16/21 at 11:27 am to NYCAuburn
quote:
Coaches don’t last as long as they used to in a school. To compensate they ask for security of the current contracts.
You really see the incentive laden contracts on unknown coaches or ones with something sketchy in past.
Like Bryant Harsin?
Posted on 1/16/21 at 11:32 am to johnnydrama
Ohio States Ryan Day's salary was $4.5 million in 2019, and he is set to earn $5.4 million in 2020, followed by $6.5 million in 2021 and $7.6 million in 2022, according to the release.
Apparently, the University has seen all they need to about the future with Ryan Day. How the fans feel this week, maybe not so much.
Apparently, the University has seen all they need to about the future with Ryan Day. How the fans feel this week, maybe not so much.
Posted on 1/16/21 at 11:35 am to TrueLefty
Yeah and numerous other coaches including your coach. Not sure why it’s funny...
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