Coaching salaries and what it might take

One thing's for certain.  Spending other people's money for them is fun!  How much do you guys want to spend on assistant's & the other locker/weight room and office renovations Joe New Guy Coach will surely need to have done?

to turn into a coach?

Hopefully, the guys in the lab have figured out how to accelerate the maturation of the clone to circa 1969.  Then we can have Space Coyote, Magnus, and Ron Utah bring him up to speed on the changes in football since the 10 Year War.

These are from 2013: http://www.usatoday.com/sports/college/salaries/

Meyer was the highest paid Big 10 coach at $4.6M+. Hoke was next at $4.1M+. Jerry Kill was last at $1.2M. Hoke and Kill had roughly the same background when they were hired. The difference is, one's athletic director at the time of hiring was and is certifiably insane and the other's isn't.

 

"If you sign it, he will come."

If jim wants to be here. They will pay him accordingly. If it comes to a bidding war that's a clear sign Harbaugh is just trying to leverage a NFL owner to give him more money.

I could see a 5 year contract with additional incentives for B1G championships, making the playoffs and  winning the national championship game. It would be a good investment! If the university hires a cheap, no name, and poor coach the program will be damaged and the magnitude in losses will be much greater than Harbuagh's salary.

Why would any university pay 6-7 million for a coach? That's just ridiculous, no matter how many National Championships they win.

There is this rampant theme in many posts on mgoblog that UM has massive piles of disposable cash and can throw mega-millions at a new coach.  $7M a year?  Why not!  We want to win!

Ok, look, this isn't Alabama or FSU or the NFL.  Winning is not "at all costs."  Winning is not the primary goal of the athletic department at UM.  If this comes as a shock to you, check yourself, you might need to find a new team to root for, I think you've missed the point of UM athletics.

While UM has a huge budget, it also has huge costs.  All of the facilities investments going on; numerous sports; stipends on the way; buyouts for DB and, soon, Hoke.  $7M is a freaking big piece of the overall pie.  And does UM want to be paying $7M a year for a football coach?  I don't think so.

I'm not making an economic proposition.  Jim Calhoun can provide you those details.  I'm sure that $7M for a coach is "worth it," if the coach wins a lot and suddenly donations to the school skyrocket, and the added exposure of the team (from success) brings in lots more licensing revenue.  Is Saban "worth" the money, in terms of return-on-investment?  Perhaps, and even, probably.  But I don't think it's about return on te $7M.  There is a clear signal here -- you're a public academic institution, an elite one, do you pay $7M for a football coach?  No.  The primary mission is academics, and winning many football games hasn't made FSU, Alabama, Boise State, or MSU(YTMSU) a better school.  In fact, there is a price of prostituting out your soul -- ask PSU and UNC and Miami(YTM) fans all about that.

Discuss? Doesn't the OP mean "thoughts?"

Rumors say jimmy doesn't need Saban money so at least $6 million I think.

Harbaugh is the right guy and we won't need to buy him out.

Or he isn't, and so we don't offer him what it would take.

We just have to figure out which first, which our AD didn't do each of the last two times.

Fuck no! Are you serious! 7 million a year!!!??? Holy shit! Wow!!!

Christ, even Saban didn't start out at that much!

The fact that people can quibble about an extra $1M a year for Harbaugh is incredible.  Do you want another crappy 6-6 year?  The stadium will be empty.  As a Michigan grad I cannot accept that.  Hire Jimmy.

$134,000 a week and I'm yours.

Hi.

It is going to be a 5 or 6 year deal at $6M per - Jim has yet to decide which one he would prefer and will accept on January 3rd.

Source: the future

 

of anyone who performs a similar job.  It's not about the extra money, per se.  It about being paid the most because you are the best.

Assume the numbers are all that matters, put aside moral debates about football coach vs. Professor pay, how much does Meyer make, etc. Does it make financial sense to pay Jim Harbaugh 10 million per year for ten years to come coach Michigan starting next season? He is a proven GREAT football coach. Value added, he has the Michigan connections. Donors and box holders will be excited and give/renew, as well as season ticket holders. I bet we could get half his salary underwritten by those donors. They will make that money back many times over when we return to glory. My answer is yes, it makes all kinds of sense.

There should never be a college coaching contract of 15 or even 10 years.  Oklahoma State University signed their basketball coach, Travis Ford, to a 10 year contract, and even the AD who set up the contract acknowledges it was a mistake. The perception it created has pissed off fans as well as their head football coach.  It was after that contract (and nothing near that long offered to Mike Gundy) that there started rumors that Gundy was unhappy and might look elsewhere for a more lucrative contract.  He had a point.  Why offer a 10 year contract to the new coach but not to the guy who was a graduate of and coaching at the same school for several years?  

All I know is that a bunch of elite (and probably not-so-elite) college football coaches are going to kiss Brady Hoke and Dave Brandon for their incompetence and cronyism and name their 2nd and 3rd vacation homes after them this coming January.  They just have to say to their AD or fanbase that , "Gee, Michigan is looking for a new coach.. Ann Arbor is nice, they have a big stadium, lots of media exposure, so much tradition, and wow, what a profitable athletic department...." and the contract extensions and the raises will start flying at them.  

15 years is too big a committment.  Let's start at 5 and go from there.  I don't care if the figure is high, but don't give a guy 15 years.  Standard operating procedure.  5 years, $25-30 million should work just fine for whoever they offer.

what did Bo need in pay to coach here, a hundred grand a year? Him and his coaching tree lasted about 35 years. UM has got away with under paying coaches for a long time and now I guess it's to ante up.