Thursday, January 17, 2008

About CMG's contract...

$1 million per. We all knew that part. What I didn't know (or did know and probably forgot) was it's a 6 year deal that started in 2005.

From USA Today dated 6/27/05

For giggles I found a site that lists 2007 coaching salaries and how much is each win worth. Click here to see it.

6 comments:

DJC said...

Perhaps more importantly, I understand there is a $3 million buyout.

bobbyjack said...

If the buyout is true then Mal Moore and whoever came up with that should be fired immediately. Who puts a $3 million buyout on a basketball coach? Maybe Duke, UNC, and Kansas... certainly not at a football 1st (2nd and 3rd) school.

Alias said...

The three million dollar buy out presumably is what is paid to him if he is fired, not if he is hired away.

Many of us were worried after the SEC regular season championship and the Elite Eight run that someone would hire CMG away from us. Many of us cried for the Athletic Dept. to give him a new contract in the million dollar range. I never heard it personally, but the Internet rumors at the time were that CMG was lobbying for a new contract and had hinted that he might talk with some of the other people who were contacting him if The University did not manifestly demonstrate its commitment to basketball.

Giving CMG a raise seemed like a good idea at the time and I was in favor of it.

Kenneth said...

I think that is what I cannot stand about coaches. They will point and say how they deserve raises, which is fine with me, but they do not want to deal with the raised expectations. If you are making the money that is equivalent to being a top 15-20 coach. You should have to deal with the expectations that people are going to demand a top 15-20 program.

I have not joined the fire CMG.com bandwagon, but I do not think it is unreasonable to quit hearing excuses and starting seeing results.

Anonymous said...

I wish the Gottfried contract could be changed to be more incentive laden. Perhaps a base salary of $500,000 and then $100,000 bumps that if Bama got to the Final Four, Gottfried would make about $1.1 million. He is so lazy, greedy and arrogant. With such an incentive package, he'd either motivate himself to do a better job (not possible) or leave. I agree that it was idiotic to allow him to fast talk his way into such a sweet deal on his last contract. When compared to Coach K, Duke has a wonderful deal. Almost the same $, but much better and more consistent. Thomas

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