This ought to work about as well as it did for King Canute.
The salaries and contract lengths of football and men’s basketball head coaches and assistant coaches have dramatically increased in recent years and only continue to grow.
Texas A&M made waves in the offseason when it hired former Florida State football head coach Jimbo Fisher to the same position, signing him to a fully guaranteed 10-year, $75 million contract, according to ESPN. Alabama spent $11,132,000 on football head coach Nick Saban last year, according to USA Today head coach salary database.
Though Ohio State pays its coaches in the upper echelon of salaries, it has avoided paying what Athletics Director Gene Smith believes to be unnecessarily large salaries for coaches.
“I don’t even put Texas A&M in our sphere because I’m considering Urban [Meyer]’s situation with three years left on his contract,” Smith said during Ohio State’s Board of Trustees’ Talent and Compensation Committee meeting Thursday. “Talking with [Susan Basso, vice president of human resources] and [Joanna McGoldrick, associate vice president of total rewards], that’s not even someone that we’re comparing with because it’s so ridiculous.
“It’s the same way with Alabama and their total salary. Take it off the sheet because it doesn’t matter. Because it’s just no value to it. It’s a reactionary type of management.”
Corch’s contract expires in three years. Assuming the man wants to keep coaching at the time, I’ll be curious to see how reactionary Smith’s management is then.
(h/t)
Yeah, good luck with that.
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If Corch only has 3 years left on his deal, I would recruit negatively and ask, “How do you know he’s going to be there?”
You know he would be doing that to others.
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Yea, and he might start having chest pains too.
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LSU might be willing to go all “reactionary type of management” at just the right time.
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Bite your tongue, Sir. The thought of Meyer coaching my beloved Bengals………
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Did we also get a new tax on salaries about 1million?
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Or if the Buckeyes win the national championship next season.
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Well……..Mr. Reactionary Management just ran off with his 5th national championship. But you do you, Gene Smith.
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well, they aaaalllllllllllmost made the playoffs. Thanks for playing, Gene!
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Quit reading when they didn’t call it “The” Ohio State.
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Talk to financial geniuses at Auburn. Someone on the Plains said ‘we need to be first’ and the finance committee didn’t understand that spending a lot of money on transient coaching help isn’t necessarily a good thing to be first at. Especially at a college that is still paying off multiple previous coaches and fighting the FBI at the same time. Auburn’s accountant Einsteins thought that coaches’ salaries were measureables of institutional validity because they are……Auburn. After Ark was paid by the secret agent to place a bid on the Gus bus they went out and made Gus a $50,000,000 HC. Proving that Grand Theft Felony between consenting idiots is not a criminal offense. Of course, the entire contract hadn’t cleared the printer and Gus had already initialed the pages. Gus could be heard singing Chubby Checker–‘It’s finger…….finger poppin time’.
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….and here I thought that was a Hank Ballard tune.
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Corch will remember this contract discussion, it will be in his mind, and it will be a big deal.
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Ol’ Gene just wants a slice of whatever he can get. Don’t forget this is the same guy….
http://www.philly.com/philly/sports/colleges/Ohio_State_athletic_director_gets_bonus_for_wrestlers_national_championship.html
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I hope Michigan makes Corch a $20M/yr offer in three years just to force Tosu to make a $25M/yr offer.
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