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When McDermott leaves....

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  • When McDermott leaves....

    I have no idea if it will be this year or if he retires at UNI in 20 years.....

    BUT what I do want to point out......McDermott making a HUGE salary.....even getting incremental raises over the duration of his time spent at UNI WILL start to create MASSIVE FRUSTRATION between coaches at UNI.

    I understand that Mac is HOT and there are many benefits of having a TOP 25 basketball team.....but we do have solid programs across the board.....

    Lets says Mac starts making $400K 4 years from now.....

    How much are we going to pay Farley.....
    Bobbi.....
    Toni.....
    Penrith....
    Bucky.....

    I love the success of the B-ball team.....but it my opinion....paying Mac a huge salary to keep him is going to create many more problems than its goign to solve......

    IF you don't like this post.....better start opening your wallet....or opening it wider.....
    "We're not an ordinary school," said Fort. "We have tradition. We have a good team year after year. We rebuild, and it doesn't matter who we have coming back."

    dti

  • #2
    Hartzell talked to all the coaches when the new contract was signed by Mac. The more success basketball has, the more money it brings in. The more money it brings in the better programs can be funded.

    I don't think its going to be a problem, these coaches want what is best for the whole department, they do a great job of checking their egos at the door. (PS- I believe that Mac is capped at $250K for now)

    Comment


    • #3
      Originally posted by Chitown Panther
      I have no idea if it will be this year or if he retires at UNI in 20 years.....

      BUT what I do want to point out......McDermott making a HUGE salary.....even getting incremental raises over the duration of his time spent at UNI WILL start to create MASSIVE FRUSTRATION between coaches at UNI.

      I understand that Mac is HOT and there are many benefits of having a TOP 25 basketball team.....but we do have solid programs across the board.....

      Lets says Mac starts making $400K 4 years from now.....

      How much are we going to pay Farley.....
      Bobbi.....
      Toni.....
      Penrith....
      Bucky.....

      I love the success of the B-ball team.....but it my opinion....paying Mac a huge salary to keep him is going to create many more problems than its goign to solve......

      IF you don't like this post.....better start opening your wallet....or opening it wider.....
      Chitown, Mac is closer to (meaning he has a hand in generating) the revenue stream, therefore he's justified in making more. There are several other valid arguements you could make for the basketball and football coaches making more than their less-visible counterparts, but that caps it for me. No offense to Bucknam, Penrith, Bobbi etc. or their sports, but it is what it is. Nobody's going to change it, and in my opinion it shouldn't be. Those coaches know that going in too.

      Comment


      • #4
        It's business. If a company had several divisions and one made a bunch of money and the others lost money, you give the head of the money making one a raise and fire the others.

        Obviously we aren’t really going to fire anyone, but they aren’t going to get a raise to be fair. Mac earned it and he either gets it from UNI or another “company’ will pay him what he’s worth.

        Comment


        • #5
          If our cross country coach has a problem with our top 25 mens basketball teams head coach making a lot more then him or our national runner-up football coach making more than him (not as much more as McDermontt but more) then he/she can leave and go back to la la land. This should not even be a topic of discussion, it happens everywhere, not a generalization but a fact. EVERYWHERE!
          Illinois State Fan at a St. Louis White Castle 3:45AM Saturday March 6th:

          "White Castle?" "more like Black Castle..."

          You stay classy Redbirds.

          Comment


          • #6
            *gulp* -- I agree with Jegbomb. I really don't think this is an issue, though. I find it hard to believe that if McDermott gets a big raise, other coaches will think they deserve one. He clearly has the most earning potential because of the sport he coaches. No wrestling, WBB, track, or 1-AA football coaches anywhere make nearly as much as MBB coaches.
            UNI isn't exactly splitting atoms in terms of academics. -run&blade

            Comment


            • #7
              If Tony, Bucky or Penrith can coach the men's basketball team to the post-season three straight years, then they can get that money too.

              I'm not trying to be disrespectful to any of the other coaches, because I think they're all great for UNI, but any other coach who complained about Mac's pay (and none have to this point to my knowledge) would be due for a sit down discussion on compensation theory and economics.

              Mac is coaching a premiere sport and getting results for the team and notoriety for the university. The market pay for someone with his ability in that particular position is higher. In fact, it's much higher for all, even Farley as head football coach.

              It would be more reasonable for Mac to be complaining, because he is being paid at a discount to his market value while the others are paid much closer to market value.

              I would have more respect for a qualified professor who questioned UNI's choice to pay a coach big money; taking issue with the school focusing on sports versus academics. I'm not saying that's the case at UNI, but my point is I could respect that argument more.
              Last edited by Blue42; 02-25-2006, 04:41 PM.
              Winning is more fun than losing.

              Comment


              • #8
                northwest iowa panther

                In the men's basketball program, go to the page with the Assistant Coaches/Athletic Dept. Staff and add Greg McDermott's picture to the page. Now go to http://desmoinesregister.com/apps/pb...EWS10/41209004 and add up the 2005 salaries of the people in those pictures. It will come to over $800,000 for men's basketball + staff. Add women's bb to the salaries to men's bb and we're over $1 m. Those salaries are not out of line. That's what is scary!

                We can only hope that the $30 m. raised for construction of the HPC and Mcleod Center will replicate itself in other donations to the athletic department.

                We have to think that the McLeod Center will be sold out for the season. We would hope that the home schedule would be 20 or more games. (20 games x 5,600 x $15 per ticket = $1.68 m. + concessions + programs + MVC tv money). BB will break even we hope. I thought I read football cost $1 m. more than it brought in. Somebody else do the math. We simply have to decide if the athletic program is worth what we spend on it. I personally think it is. I do what I can, but I'm only one person with moderate income. Increasing the scholarship club membership to 3,000 then 4,000 and then 5,000 is mandatory.
                Last edited by northwest iowa panther; 02-25-2006, 10:26 PM.

                Comment


                • #9
                  Look up salaries

                  Here you go...look up the salaries of all the coaches and the programs through the budget and compare what they each get https://access.uni.edu/reports/budget/UNIBU022.pdf

                  there is a search tab to use at the top of the adobe reader to look them up by name..

                  Comment


                  • #10
                    Expenses go way beyond coaching salaries and scholarships.

                    Maybe I'm not right sticking to my guns on this one....but I'll be very interested in reading the Iowa Board of Regents Financial Statements for this school year.....

                    IF Men's Bball can get to break even, I'm all for paying Mac a more league competitive salary......but

                    Remember Bobbi told Iowa NO for quite a bit more....and didn't expect a hugh raise.....

                    Farley is willing to play a money game every year....(think he will be getting an ext soon thru 11)

                    IMO....these are choices for the better-ment of the Athletic Dept.

                    People will only check this Egos at the door for so long. IF you don't believe that you have never worked in an environment with large pay differentials....
                    "We're not an ordinary school," said Fort. "We have tradition. We have a good team year after year. We rebuild, and it doesn't matter who we have coming back."

                    dti

                    Comment


                    • #11
                      [QUOTE=Chitown Panther

                      People will only check this Egos at the door for so long. IF you don't believe that you have never worked in an environment with large pay differentials....[/QUOTE]

                      Chitown, pay differentials exist for a very good reason. Mac coaches the sport with the highest potential profile for the school, and the highest potential payback in terms of exposure, publicity, etc. Because of that, he deserves more, it's that simple. Again, see my comment earlier in the thread about being "close to the revenue stream." That's what I meant by it in this instance.

                      In business in general, the closer you are to the revenue stream (ie. responsible for it's generation) the more you make. That's why in most companies that employ a professional sales force where there are skill sets required to be successful, the better sales people make more than much of their management. Anyone who complaines about pay differences should either accept it, or do something to better yourself so you have more income potential. Also, don't enter a professional that has a reputation for not paying well (ie. police, teachers, social work, etc.). While obviously very necessary and admirable work, if you know going in that you won't be rich, you won't be suprised. Just my two cents, and now getting off the soapbox.

                      Comment


                      • #12
                        I understand Finance pretty well having worked for a Bond Trading Company....

                        I cannot justify him being paid nearly 4Xs our next highest paid coach.

                        Right or Wrong remains to be seen.....

                        Hypothetically.....lets say he leaves making 400K....can we throw a 3-5 year contract with those numbers at the next hire?
                        "We're not an ordinary school," said Fort. "We have tradition. We have a good team year after year. We rebuild, and it doesn't matter who we have coming back."

                        dti

                        Comment


                        • #13
                          Farley and Mac coach the revenue generating sports there for they should make more than the other coaches because they actually make the school money. Its a fact of life. Now should Mac make more than Farley or vice versa is a good question

                          Comment


                          • #14
                            Originally posted by Chitown Panther
                            I understand Finance pretty well having worked for a Bond Trading Company....

                            I cannot justify him being paid nearly 4Xs our next highest paid coach.

                            Right or Wrong remains to be seen.....

                            Hypothetically.....lets say he leaves making 400K....can we throw a 3-5 year contract with those numbers at the next hire?
                            Don't think about it as a base salary, think about it in terms of total compensation, including bonuses or commissions. If your bond trading company had a salesman or woman who generated half your company's revenues or profits (hypothetical, I don't know what UNI's numbers are) wouldn't they be paid significantly more than your company's other employees who are also sales people?

                            One thing that shouldn't be overlooked, is what the NCAA Tournament appearances have meant to the school in terms of contributions and recognition. Even the football team's run won't generate the type of publicity and national attention that an NCAA Tournament appearance does.

                            The other thing is what is the market value for coaches in those sports. McDermott's market value (winning upper mid major program) is far greater than Brad Penrith's. I imagine if we looked at Minnesota, Dan Monson is paid significantly more than J Robinson. Yet, Robinson has been at Minnesota longer and has won more than Monson.
                            "Lot of people talked about Ohio State or Georgetown or Michigan State or whoever, [or] Maryland in our bracket. When the brackets came out, the first team I looked at was Northern Iowa," Kansas Coach Bill Self.

                            Comment


                            • #15
                              My guess is that proportionally, most schools have that descrepency in pay between revenue and non-revenue coaches. I could be wrong, but I think that's pretty proportionally accurate.
                              The Lord reigns, let the earth be glad; let the distant shores rejoice, clouds and thick darkness surround Him; righteousness and justice are the foundation of His throne. Fire goes before Him, and consumes his foes on every side; His lightning lights up the world; the earth sees and trembles; the mountains melt like wax before the Lord of all the earth. The heavens proclaim His righteousness and all peoples will see His glory.

                              Comment

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