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Either their figures are wrong, or our figures are wrong? I thought he made 900k with a 150k bonus each year he stayed, which wasn't added on top, so basically he made $1,050,000. Hmmm....
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Either their figures are wrong, or our figures are wrong? I thought he made 900k with a 150k bonus each year he stayed, which wasn't added on top, so basically he made $1,050,000. Hmmm.... -
That add-on started some years ago. I think there are about 3 of them tacked on to the $900K base now. Thorw in some incentives for winning the Valley title and making the NCAA's and the $1.4M looks about right. That's where I thought he was this year.
Throw in the fact that basketball is the #1 sport at WSU. He's an absolute hero in the community. 7 years at $2.5M (which was reported as the number required to talk to Marshall) isn't out of line for taking on a questionable program with a rebuilding job needed (UNL , USC)..The future's so bright - I gotta wear shades.
We like to cut down nets and get sized for championship rings. -
Without the actual contract, who really knows. But here is what was reported: "$900,000 plus $150,000 for every year he is at Wichita State."Originally posted by _kai_ View Post
There is no way to get from $900,000 + X times $150,000 and get to $1,450,000 if X is an integer.
Bottom line, who really knows outside of Gregg and WSU?"I not sure that I've ever been around a more competitive player or young man than Fred VanVleet. I like to win more than 99.9% of the people in this world, but he may top me." -- Gregg Marshall 12/23/13 :peaceful:
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Remember when Nancy Pelosi said about Obamacare:
"We have to pass it, to find out what's in it".
A physician called into a radio show and said:
"That's the definition of a stool sample."Comment
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I guess I was under the impression that the 150k wasn't tacked on every year. Hmmm. It would make sense if he got that 150 every year though. Either way, it's great.Originally posted by Aargh View PostComment
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crazy that Chris Mack from Xavier makes less than $500 KFollow me on twitter: https://twitter.com/Shox_KCfanComment
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This is exactly how I've understood it. Many on here said that wasn't the case though and it was just 150k on top of the 900 every season. Which to me was a bit odd. Whereas you grow the contract by that much every year, that gives more incentive to stay put. This is also why why I mentioned to those Cock fans that were visiting that he'd make about 1.5 here next year and would probably have to offer around 2.5 to get him interested.Originally posted by Aargh View Post
Who knows. But for now, I'm going with I was right :DInfinity Art Glass - Fantastic local artist and Shocker fan
RIP Guy Always A Shocker
Carpenter Place - A blessing to many young girls/women
ICT S.O.S - Great local cause fighting against human trafficking
Wartick Insurance Agency - Saved me money with more coverage.
Save Shocker Sports - A rallying cryComment
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Except his contract auto-renews, right? So it increases by $1M every 7 years, roughly? That seems like it could price him out of WSU's budget over time. Although I guess if the salaries of coaches keeps increasing like it has, it might just match inflation.Originally posted by SubGod22 View PostOriginally posted by BleacherReportComment
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Most coaches usually have contractual bonuses for conference championships and NCAA bids.Originally posted by im4wsu View PostOriginally posted by BleacherReportComment
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I think a slow increase in pay is very doable for WSU. I'm sure they have a fund that is paid into and the largest donors are supportive of it. So if it were a giant increase it could hurt, but slow and steady isn't a big deal. And maybe there's a cap to it at some point that has been agreed to?Infinity Art Glass - Fantastic local artist and Shocker fan
RIP Guy Always A Shocker
Carpenter Place - A blessing to many young girls/women
ICT S.O.S - Great local cause fighting against human trafficking
Wartick Insurance Agency - Saved me money with more coverage.
Save Shocker Sports - A rallying cryComment
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I never understood the idea of $150k per year as a bonus. Why not just make the base 1,050,000? If he's here he gets paid. If not he doesn't. A bump of 150k per year makes a lot more sense. 1.4 is probably right.Comment
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15% per annum is not exactly slow.Comment
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It is when compared to jumping him straight from 900k to 1.5mil or more.Originally posted by 1972Shocker View PostInfinity Art Glass - Fantastic local artist and Shocker fan
RIP Guy Always A Shocker
Carpenter Place - A blessing to many young girls/women
ICT S.O.S - Great local cause fighting against human trafficking
Wartick Insurance Agency - Saved me money with more coverage.
Save Shocker Sports - A rallying cryComment
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Originally posted by im4wsu View PostWithout the actual contract, who really knows. But here is what was reported: "$900,000 plus $150,000 for every year he is at Wichita State."
There is no way to get from $900,000 + X times $150,000 and get to $1,450,000 if X is an integer.
Bottom line, who really knows outside of Gregg and WSU?
He's offered to allow access to his W-2....shouldn't be hard to verify.Comment
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I found his old contract. Not the most recent one, but it's interesting to read the wording on it.
http://www.kansasopengov.org/LinkCli...=1262&mid=2438Comment
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I told everybody he made 1.4mm this year. There was a national article last year detailing the fact that he made 1.3mm.
T
...:cool:Comment
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