Why Extend Coaches Contracts?

jessej

All-American
⭐️ Donor ⭐️
GIVING DAY 2023
What benefit is it to renegotiate/extend contracts with our coaches these days?
IMO
Loyalty - can be enforced via contract terms
1) Buyout clause if coach leaves for another program
a) different terms for Mid-Major vs P4
2) Buyout clause if coach is fired for on court performance / wins or lack thereof

Suppose CTS left Mason tomorrow and was named the HC at Duke or North Carolina or Kentucky or Kansas or UCLA or ...

I would not expect GMU to offer him the same salary to stay, but this should be turned into a positive in terms of recruiting the next coach, players and even the general student body.

------

University Commitment
paying a winning coach in the top 25% of league salaries signals a commitment to the program - both to that specific coach, but all potential future coaches as well as other members of the Conference and the larger college basketball community in general.
It tells everyone that Bball is important, and your sport is the top dog on campus. That in of itself will serve to attract talent - both coaching and players.

----------

The NIL Arms Race

There is no guarantee that an NIL Budget of $3M to $5M will produce wins. But you are assured to lose if you don't compete on those terms. If GMU has $0 NIL budget and the rest of the A-10 averages $1M budget then most of the good players will go to those teams - not GMU.

But when every team has relatively the same amount of NIL Budget, then all you have done is raise the minimum cost of competing. Conference wide the average cost of a win (and loss) has risen.

Players are winners in this system, smart players can exploit the system and get "supra-normal" returns, i.e., payments above their actual value. - i.e. Haynes goes from ACC bench to starter and A-10 First Team to asking for $1M

-------

Value of a Coach

I believe that the head coach is the key determinant of a program's success. This extends to his rolodex (yes i am old) in that gets access to assistant coaches, staff, players and the ability to create "goodwill" across all of those "actors". This is especially critical in the free agency period where coaches must recruit teams every season. Player evaluation and player development skills are required for success.

In this case CTS is a great match for Mason, and i hope that this season he goes into his rolodex to get us a higher quality OOC schedule. And this last season's results show that his (and his staffs') player evaluation and player development skills are spot on.

---------
Some schools run BBall programs with an implicit coach's salary cap. They will only attract young and upcoming coaches who use the program as a proving ground then move onto a bigger, better programs after winning. This is not inherently bad as for some programs this is all they can afford.
The problem is that not every coach hired will be a winner and firing a coach or multiple coaches can be costly, both in monetary terms as well as "goodwill". I am glad that the new GMU leadership has not followed this path and seemed to have learned a lesson from the loss of Kim English.
 

Walter

Hall of Famer
⭐️ Donor ⭐️
GOLD SPONSOR
What lesson was learned from Kimmie? That two years as HC isn’t enough to know if in the long run a coach is going to be successful? Obviously not.
 

jessej

All-American
⭐️ Donor ⭐️
GIVING DAY 2023
What lesson was learned from Kimmie? That two years as HC isn’t enough to know if in the long run a coach is going to be successful? Obviously not.
CTS was not Masons first choice. And although he has done great in his first 2 years, that is the wrong metric to use.

The correct metric would be the team performance over the last 2 years if
1) KE had never left, if the administration had met his request quicker; or
2) Replacement choice #1 had not turned down Mason's offer; or
3) Replacement choice #2 had not turned down Mason's offer: or ....
 

psyclone

Hall of Famer
CTS was not Masons first choice. And although he has done great in his first 2 years, that is the wrong metric to use.

The correct metric would be the team performance over the last 2 years if
1) KE had never left, if the administration had met his request quicker; or
2) Replacement choice #1 had not turned down Mason's offer; or
3) Replacement choice #2 had not turned down Mason's offer: or ....
I had a sense that Mason was interested in Ryan Odum, but vcu got to him first and we couldn't compete financially with them. Am I making this up?
 

mkaufman1

Administrator
Staff member
⭐️ Donor ⭐️
GIVING DAY 2023
CTS was not Masons first choice. And although he has done great in his first 2 years, that is the wrong metric to use.

The correct metric would be the team performance over the last 2 years if
1) KE had never left, if the administration had met his request quicker; or
2) Replacement choice #1 had not turned down Mason's offer; or
3) Replacement choice #2 had not turned down Mason's offer: or ....
I had a sense that Mason was interested in Ryan Odum, but vcu got to him first and we couldn't compete financially with them. Am I making this up?
Tony was always Masons first choice.
What lesson was learned from Kimmie? That two years as HC isn’t enough to know if in the long run a coach is going to be successful? Obviously not.
Being proactive matters, and that we got lucky we had a guy 30 minutes up the road who was ready to take over. And that guy has turned out to be a gem of a coach.
 

Falco

Hall of Famer
GIVING DAY 2023
More money to the coach means a bigger buyout, even if it’s not directly proportional.
 
OP
gmubrian

gmubrian

All-American
⭐️ Donor ⭐️
GOLD SPONSOR
GIVING DAY 2023
I thought this might be semi-relevant to this discussion. With NCAA D-1 looking more and more like NBA with players being paid, I thought it would be interesting to look at what percentage of the roster pay a coach's pay represents in the NBA. The answer to that is 4.34%. The highest paid coach in the NBA, Steve Kerr, represents 9.81% of the player payroll for the GSWs.

It is a little bit of an apples to oranges comparison (maybe fuji apples to granny smith apples) with NCAA, but, I suspect if things continue the way they are currently headed, things will continue to look more and more similar, at least administratively. Take the fact that a lot of schools are hiring basketball GMs as another indication of that.
 

Pikapppatri8

Hall of Famer
⭐️ Donor ⭐️
GOLD SPONSOR
I thought this might be semi-relevant to this discussion. With NCAA D-1 looking more and more like NBA with players being paid, I thought it would be interesting to look at what percentage of the roster pay a coach's pay represents in the NBA. The answer to that is 4.34%. The highest paid coach in the NBA, Steve Kerr, represents 9.81% of the player payroll for the GSWs.

It is a little bit of an apples to oranges comparison (maybe fuji apples to granny smith apples) with NCAA, but, I suspect if things continue the way they are currently headed, things will continue to look more and more similar, at least administratively. Take the fact that a lot of schools are hiring basketball GMs as another indication of that.
You might actually be on to something analysis wise and I would say its closer in terms of models - maybe Fresh Granny Smith Apples to 2 - week ol Granny Smith Apples.
 

Patriot8

All-American
⭐️ Donor ⭐️
GIVING DAY 2023
vcu is paying Martelli 1.45M with 100k raises each year. Buyout is 1M to start and begins dropping in Year 3 of the contract. I'm sure their patented H&H clause is in there as well.
 

mkaufman1

Administrator
Staff member
⭐️ Donor ⭐️
GIVING DAY 2023
vcu is paying Martelli 1.45M with 100k raises each year. Buyout is 1M to start and begins dropping in Year 3 of the contract. I'm sure their patented H&H clause is in there as well.
Heard about this earlier this morning. Its apparent that they are going with the "high potential" approach and starting him off a little lower. If I had to bet, with success he will be closer to the 2m mark within a year or two.

That said, that is about the starting range a new coach to the A10 is going to get unless they are a first time coach, in my opinion. Maybe you can get away with a smidge lower if a brand new coach.
 
Top