USA Today - Marshall made $1.482 Million

[_kai_]

I see a 12-step program on the horizon...

I only buy lottery tickets if it's a really big sum, and only buy 1 at a time. I remember one time that I was in a QT, and saw a guy get his check cashed, took the entire check, it was around 200ish, and bought it all in powerball tickets. I just stood there in awe.

If he won though, who's the bigger fool? haha

[Rlh04d]

If WSU is making so much stinking money, why can't they fund football?

I don't think the Shocker money safe is as full as you think.

Do you understand how much money it costs to start up a football program?

A football program is likely a $50+ million investment. In no way is Marshall making $1.5M a year comparable. There's a reason that WSU isn't rushing to start up a football program, and it's because most schools that look at it have determined it will take 10-20 years to make the program financially viable. That's 10-20 years of being propped up by the basketball program and begging donors.

Maybe if we fire him and have our team coached by grad assistants for the next fifty years, it'll balance out. Of course we won't win any games, and no one will spend money on the program any more.

My point is that the difference in revenue generated by a program that is bad and one that is as strong as WSU currently is covers the difference between a low salary and a salary such as Marshall's easily. The extra revenue generated by making the NCAA tournament, selling out every game, selling tons of merchandise, ad space, TV contracts, etc. by WSU this year far, far makes up Marshall's contract compared to how much we would make if we paid a coach $200k to coach us to 12 wins. Just look at how much that one-and-done in the NCAA tournament generated for the entire MVC. That one game was worth his contract last year.

Yeah, a guy making $400k a year can have success, but they're always going to be looking to go somewhere that pays them competitively, and they're rare. For long-term success, you have to pay competitively with the market. And if they're winning with a $400k salary, selling out the stadium, getting the fanbase into it enough to make merchandise, making the NCAA tournament ... where is all of that money going? Certainly not to the players and the coach, i.e. everyone that is responsible for the program's success.

WSU basketball isn't generating a $20M profit. But they make enough money to pay Marshall enough to keep him, pay his assistants well, pay for his recruiting, while still funding other WSU sports, and remain in the positive. As long as we're making that much, I see absolutely no reason not to make the investment required to maintain the level of revenue we're currently bringing in.

[ShockerPrez]

Relatively speaking, Tad Boyle is a steal at $580,000. I am also surprised that Bill Self makes twice as much as Roy Williams.

I think we should do everything we can to keep Coach Marshall but really all of these salaries are totally ridiculous.

We are paying a coach almost a $1.5 million a year and he has only been to the ncaa tournament once and has yet to win a single game in the ncaa tournament with WSU. He is yet to win one single Valley championship.

I mean it really is madness. But we have to do what it takes to remain competitive.

What I find ridiculous is paying these coaches all this money, and yet a player is ruled ineligible because he received $200 from someone he has known for years.

[ShockerPrez]

Got no problem with Marshall making the money. We wouldn't be paying it, if we couldn't afford it. If he was making 700k, we'd be looking for a new coach today boys. And financially, we could be looking at a few more sub par years and money wouldn't be so freely flowing into the coffers. If he is being overpaid, well, ya know, sometimes you pay a premium to not have to go looking for a new coach every 5 years. Sort of like paying 15 cents more on the turnpike, so you don't have to get off the turnpike in Cassoday to fill up. It's just easier sometimes to pay the extra money and not deal with the headache. If you got the money, you don't really seem to care about paying the premium. I hope that in 4 years, we are talking about Marshall making 2 million!!

[SHOXAAC]

Do you understand how much money it costs to start up a football program?

A football program is likely a $50+ million investment. In no way is Marshall making $1.5M a year comparable. There's a reason that WSU isn't rushing to start up a football program, and it's because most schools that look at it have determined it will take 10-20 years to make the program financially viable. That's 10-20 years of being propped up by the basketball program and begging donors.

Maybe if we fire him and have our team coached by grad assistants for the next fifty years, it'll balance out. Of course we won't win any games, and no one will spend money on the program any more.

My point is that the difference in revenue generated by a program that is bad and one that is as strong as WSU currently is covers the difference between a low salary and a salary such as Marshall's easily. The extra revenue generated by making the NCAA tournament, selling out every game, selling tons of merchandise, ad space, TV contracts, etc. by WSU this year far, far makes up Marshall's contract compared to how much we would make if we paid a coach $200k to coach us to 12 wins. Just look at how much that one-and-done in the NCAA tournament generated for the entire MVC. That one game was worth his contract last year.

Yeah, a guy making $400k a year can have success, but they're always going to be looking to go somewhere that pays them competitively, and they're rare. For long-term success, you have to pay competitively with the market. And if they're winning with a $400k salary, selling out the stadium, getting the fanbase into it enough to make merchandise, making the NCAA tournament ... where is all of that money going? Certainly not to the players and the coach, i.e. everyone that is responsible for the program's success.

WSU basketball isn't generating a $20M profit. But they make enough money to pay Marshall enough to keep him, pay his assistants well, pay for his recruiting, while still funding other WSU sports, and remain in the positive. As long as we're making that much, I see absolutely no reason not to make the investment required to maintain the level of revenue we're currently bringing in.

I should have put a qualifier to my first sentence. I am not a serious fan of bringing football back. Your overall comment just hit me to make a flipped statement about bringing back football, because it is a very sensitive issue among SN members. I was of the opinion people would take it as such.

As far as what is ridiculous pay for a basketball coach...yes that horse is out of the barn. Although I am not an attorney, my guess is HCGM along with other college basketball coaches contracts aren't set up as a partnership. Coaches don't get paid like a percentage partner, but many almost have that mindset. I know coaches contracts are set up on performance factor benefits, but there should be even more emphasis on performance standards in their contracts. If 3G doesn't win a regular season or tourny title next year and advance to the dance, he should make less money than he did this year...or any coach for that manner. Put a huge financial gain on the conference and post season component, as well as graduation rates and the like. If 3G and other coaches want to earn 1.5 or 2.5M...earn it. The risk is all on the school. They should reap the benefits.

[Zardoz]

Sad as it is to say it you want to play with the big boys and be one of the big boys you have to pay like the big boys. If we don't we will be just another stepping stone job where our coach will take us just so far and then bolt when someone waves some big money in front of them, kinda like a recent coach.

[Kung Wu]

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."

http://shockerhoops.net/gregg-marshall-contract-finalized/

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?

Ya'all are forgettin' normal annual salary increases. That adds up real quick when you start out at 900k. I used 1.03 and came out with about 1.43 and didn't add in post season and NCAA bonus -- which are actually kinda small if Turgeon's were any indicator.

It feels a little creepy-stalky estimating someone else's salary though.

[ShockerFever]

We are paying a coach almost a $1.5 million a year and he has only been to the ncaa tournament once and has yet to win a single game in the ncaa tournament with WSU. He is yet to win one single Valley championship.

I mean it really is madness. But we have to do what it takes to remain competitive.

Make sure you tell Marshall that he didn't win a Valley Championship this year.

How much is your fearless leader of the baseball team making and what has he done over the last 3 years?

I guess it is pretty insane to keep Marshall in here while the baseball coach can sit on a half a mil a year while taking the program further and further into obscurity without it being a problem for you. The only madness I see is coming from end of your keyboard.

[ShockerFever]

Sub- I said championship referring to the tournament championship. He did win the regular season title this year which is very good, but is winning one regular season title and one birth but no wins in the dance really worth nearly $1.5 million a year?

Like I said we need to be competitive and we need to do what it takes to keep him, but I just think the escalation of ALL of these coaches salaries really is madness. Especially in a lagging economy with many of the teams fans struggling to be able to afford tickets.

It is what it is. And I am afraid with these new huge football TV contracts just starting to kick in, the escalation will probably get even worse.

The Tournament Championship you are harping about is played on a hostile court so cut Marshall some slack. Also, it is hot weekend frill event. The strength of our program is measure in regular season championships. And he has one, one in dominating fashion.

Well, we sure aren't getting our money's worth with the current baseball coach's healthy salary. You could cut some fat there. I'm gonna guess you're gonna ignore those facts though.

[shox1989]

Make sure you tell Marshall that he didn't win a Valley Championship this year.

How much is your fearless leader of the baseball team making and what has he done over the last 3 years?

I guess it is pretty insane to keep Marshall in here while the baseball coach can sit on a half a mil a year while taking the program further and further into obscurity without it being a problem for you. The only madness I see is coming from end of your keyboard.

I am all in favor of giving Marshall whatever it takes to keep him here.

I am lamenting the crazy escalation of basketball coaches salaries in general. We HAVE to pay whatever the market is. I am also afraid at this pace, we may have to pay $3 to $5 million a year in a few years just to keep our basketball coach. That is the madness I am talking about. I expect WSU to pay the market rate (or more if that is what it takes to keep a coach). It doesn't mean I don't think the market is crazy, which I do.

It's funny that you mention what Gene has done. He was more ncaa tournament wins just during the time that Marshall has been here than Marshall has, not to mention everything he was done in the prior 30 years for WSU including giving us our only NCAA national championship.

But I support both coaches and both programs. I don't believe in pitting one against the other.

[SHOXAAC]

I am all in favor of giving Marshall whatever it takes to keep him here.

I am lamenting the crazy escalation of basketball coaches salaries in general. We HAVE to pay whatever the market is. I am also afraid at this pace, we may have to pay $3 to $5 million a year in a few years just to keep our basketball coach. That is the madness I am talking about. I expect WSU to pay the market rate (or more if that is what it takes to keep a coach). It doesn't mean I don't think the market is crazy, which I do.

It's funny that you mention what Gene has done. He was more ncaa tournament wins just during the time that Marshall has been here than Marshall has, not to mention everything he was done in the prior 30 years for WSU including giving us our only NCAA national championship.

But I support both coaches and both programs. I don't believe in pitting one against the other.

With the pleasant winter and the recent moisture we've had lately, the pastures are looking inviting...just saying.

[Rlh04d]

I should have put a qualifier to my first sentence. I am not a serious fan of bringing football back. Your overall comment just hit me to make a flipped statement about bringing back football, because it is a very sensitive issue among SN members. I was of the opinion people would take it as such.

As far as what is ridiculous pay for a basketball coach...yes that horse is out of the barn. Although I am not an attorney, my guess is HCGM along with other college basketball coaches contracts aren't set up as a partnership. Coaches don't get paid like a percentage partner, but many almost have that mindset. I know coaches contracts are set up on performance factor benefits, but there should be even more emphasis on performance standards in their contracts. If 3G doesn't win a regular season or tourny title next year and advance to the dance, he should make less money than he did this year...or any coach for that manner. Put a huge financial gain on the conference and post season component, as well as graduation rates and the like. If 3G and other coaches want to earn 1.5 or 2.5M...earn it. The risk is all on the school. They should reap the benefits.

I don't necessarily disagree with that. I've never liked the way coach contracts work. I also hate that a coach can jump to a different school whenever he wants, and have his new school pick up the buyout, but a player who makes nothing has to sit out a year. However, coaches do always have the incentive to succeed, because that's how they get their contract increased, and appeal to bigger teams that'll pay 'em even more. There's not a ton of risk, true, but the incentives to succeed are huge.

However, I don't think the salaries of coaches are out of control, as people keep arguing here. There was a thread on here during the NCAA tournament ( http://shockernet.net/forum/showthre...d-over-6-years ) that pointed out just our one game in the NCAA tournament generated $1.9M for the Valley, and I believe something like $400k for WSU specifically. Things like that are why contracts for coaches are so high ... because the rewards are very high. Getting to that one game more than paid for his entire contract, albeit spread out over the Valley. That's $1.9M just for one game ... 6 times that (nearly $12M) for winning the tournament.

There's a lot of money in college basketball. Not nearly as much as college football, but there's also a lot less people to pay. Coaches are paid tremendous amounts because the financial rewards for winning are massive. The pay seems to be very in line with the money that is on the line. The amounts keep increasing because all of the money involved keeps increasing. And the value of anything, person or object, is what the free market determines it is.

[EAGLE]

Nobody is worth millions of dollars a year,PERIOD.

[Jamar Howard 4 President]

Nobody is worth millions of dollars a year,PERIOD.

You need a lesson on free market economics.

[DUShock]

at now I'm your fan )

REALLY? Please go to the intro section and post an introduction.

http://shockernet.net/forum/forumdisplay.php?25-Introduce-Yourself