Coaching search

[ABC]

And WSU Athletics gets it money from?

Do you really think some of the big boosters are going to pay for a buy-out? Obviously at some point it will probably be public, but from a good source I have, boosters are not paying the buy out.

And WSU subsidizes the Athletic Department anyway.

[Stickboy46]

Do you really think some of the big boosters are going to pay for a buy-out? Obviously at some point it will probably be public, but from a good source I have, boosters are not paying the buy out.

And WSU subsidizes the Athletic Department anyway.

Would it really be odd for a booster of Wichita State to help Wichita State pay a buy out they had to fund?

Unless they were just boosters of Marshall instead of Wichita State .. then no it wouldn't make sense ... And unfortunately might be true.

[MikeKennedyRulZ]

Also, wouldn’t the boosters be footing at least part of the bill for HCGM over the next 7 years of his rolling contract? Probably more so at $3,500,000 per than the $1,200,000 per year with the buyout. Feels like the same or better situation.

[Woodrow]

If Marshall is your hero, knock yourself out. My ethics and morals lead me to hero's like, well there are birthday celebrations going on on all over mankind today. I will put my efforts in celebrating what a guy named Jesus did for us everyday and twice on Sunday. One of my hero's standards is "thou shall not lie." As Ref says "That''s all."

I don't know if Coach Marshall lied or not and I suspect you don't either. However, since you are quoting Jesus, one of his most famous quotes is in John 8:7. "Let any one of you who is without sin be the first to throw a stone"

[C0|dB|00ded]

And WSU Athletics gets it money from?

I wonder if they had to tap into the endowment for this deal.

[C0|dB|00ded]

If Marshall is your hero, knock yourself out. My ethics and morals lead me to hero's like, well there are birthday celebrations going on on all over mankind today. I will put my efforts in celebrating what a guy named Jesus did for us everyday and twice on Sunday. One of my hero's standards is "thou shall not lie." As Ref says "That''s all."

I don't think of Marshall as my personal hero. Hell, I started criticizing him long before anybody else did I think. I would call him the city's hero though. He did more for this town than anybody I can remember.

Maybe he shoved some refs, choked a coach, slapped a lazy, and insulted the unfocused, but he did it all to win... and Wichita was the direct beneficiary of those wins.

I'm tellin' ya, people are gonna look back on this and say, "WTF? No DUI's, No NCAA investigations, No sexual scandals... and you dumped, not only a former AP coach of the year, but the greatest coach in the history of your program because... he was mean to a handful of unreliable people? Who. The. ****. do you guys think you are?"

All I can hope for is that we hire another superstar and go on to continued success. If instead we go into another long hibernation, there will be much face-palming. But let's be totally honest here, we're Wichita...

[ABC]

The boosters didn't sign the separation agreement, WSU did. WSU has at least a $400 million annual budget. I doubt they have to dip into the Foundation funds. I am also certain WSU has reserves. I don't think it is a huge financial hardship for WSU to pay out $1.2 MM in unbudgeted funds on an annual basis for a while.

[pie n eye]

I think Taylor reported that none of the settlement would be paid by WSU.

[ABC]

The ICAA is Wichita State, no matter how you slice it.

"The university’s Intercollegiate Athletic Association will cover the settlement, meaning the funds will come from things like private donations, ticket revenues and commercialized dollars."

Things like . . .

[Ted Lasso's Neighbor]

Regarding payout. From the WSU press release at the time of Marshall's resignation - https://www.wichita.edu/about/wsunew...marshall_4.php

"As part of Marshall’s resignation, the University has agreed to a contract settlement for $7.75 million to be paid over a period of six years. The university’s Intercollegiate Athletic Association will cover the settlement."

The Intercollegiate Athletic Association, aka ICAA, has it's own budget and you can find it's revenue and expenses on the goshockers.com site. The latest they have up is the 2019 budget audit - https://goshockers.com/documents/201...ments_2019.pdf

[ABC]

Exactly, the University will cover the settlement. Funds come from the ICAA. The ICAA is WSU. It means whatever private contributions that are made for the settlement can be tax deductible. Bottom line is that the University is on the hook not the "boosters." Let me repeat that the boosters are not paying the settlement. Maybe parts, maybe not.

I am not sure what is so controversial here. WSU is responsible. If you are giving a lot of money for WSU athletics do you want it to go for something in the past or the future?

I am not trying to stir the pot here.

[Aargh]

The ICAA is NOT WSU and WSU is NOT the ICAA. The ICAA is a separate corporation. There is a student fee subsidy paid to the ICAA from tuition.

When WSU entered the AAC, the ICAA borrowed $2 mill from WSU to pay the entry fee. Whenever people complain about taxpayer dollars going to pay coaches salaries, the answer is always that the ICAA is an independent body and it's expenses (with the exception of the tuition that the students have voted to go to the ICAA) are totally funded by athletic department revenues and private donations. Marshall's contract is with the ICAA, not with WSU.

With the budget cuts that came during the Borwnback era and the decline is enrollment this year, WSU's finances are strained. There was a recent article in the Eagle that WSU is considering dropping 3 majors - chemistry, history and one more that I don't remember.

If WSU is footing the bill for paying of Marshall at the same time they're dropping three majors and getting rid of some professors, then things are really messed up.

[molly jabali]

I don't know if Coach Marshall lied or not and I suspect you don't either. However, since you are quoting Jesus, one of his most famous quotes is in John 8:7. "Let any one of you who is without sin be the first to throw a stone"

A great verse to remember... but to continue on, his next statement was “ go and sin no more”....❤️

[ABC]

The ICAA is NOT WSU and WSU is NOT the ICAA. The ICAA is a separate corporation. There is a student fee subsidy paid to the ICAA from tuition.

When WSU entered the AAC, the ICAA borrowed $2 mill from WSU to pay the entry fee. Whenever people complain about taxpayer dollars going to pay coaches salaries, the answer is always that the ICAA is an independent body and it's expenses (with the exception of the tuition that the students have voted to go to the ICAA) are totally funded by athletic department revenues and private donations. Marshall's contract is with the ICAA, not with WSU.

With the budget cuts that came during the Borwnback era and the decline is enrollment this year, WSU's finances are strained. There was a recent article in the Eagle that WSU is considering dropping 3 majors - chemistry, history and one more that I don't remember.

If WSU is footing the bill for paying of Marshall at the same time they're dropping three majors and getting rid of some professors, then things are really messed up.

Aargh, you do not know of what you speak. Plenty of revenue comes to WSU that is not "taxpayer money" - just as I quoted in the article above.

Below is from Guidestar, which is the database of info about non-profits. For practical purposes the ICAA is WSU. Just as the WSU Foundation is WSU.

"IRS filing requirement

This organization is not required to file an annual return with the IRS because it is an arm of a state or local government."

[Aargh]

Aargh, you do not know of what you speak. Plenty of revenue comes to WSU that is not "taxpayer money" - just as I quoted in the article above.

Here's what I said on the subject of athletic department funding.

...the ICAA is an independent body and it's expenses (with the exception of the tuition that the students have voted to go to the ICAA) are totally funded by athletic department revenues and private donations.

How does what you said disagree with what I said. Or are you talking about WSU, the university as opposed to WSU athletics, which are a separate entity from WSU financially, although the athletic department is considered to be part of the University?

If donor dollars stay the same, SASO charges stay the same, and season ticket sales and prices stay the same, the athletic department has a lid of $2.3 mill for a coach during the next 6 years. The only other option is to ask for taxpayer dollars and that would be unpopular with taxpayers. There may be some wiggle room. I believe ICAA was in the black last year, but any reserves they may have had will be used up this year.