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krysko: part two

citygriz

Well-known member
okay, i confess, i haven't done all my homework; in fact, very little. but in the spirit of getting the party started, i've decided to throw out a few half-baked ideas, in the hopes others on this board can either finish baking them, or toss them in the garbage.

first, a caveat.

i am a businessman. i am not constrained by the rules of a university, its president or board of regents. it could well be that much of what i propose will be immediately seen to be not workable within the university system. so be it. the ways to get to a goal are limited only by imagination. i will break this analysis down into four categories: goals; tools; assumptions; strategy. here goes.

1. goal: $500,000 annually. to be used exclusively to augment coaching salaries.

2. tools
a. the best is right at our fingertips--e-griz. communication is crucial to getting this done. we need an exchange of ideas, a common strategy, a place to send money. all can be worked out right here in a digital blink. so already we smaller schools have one important tool we didn't have a decade ago. let's exploit it.
b. some form of organization, based in missoula. i hate to say a committee, but--a structure. a formal group that can act as our representative, interact with the athletic director and/or the president of the university, open bank accounts, collect and disburse monies according to the common will, take legal advice, et. al. if this can be done within the g.s.a., great; more likely, since our singular goal of raising coaching salaries would put us at odds with the g.s.a., we would have to operate as a vigilante organization. i like that.

3. assumptions
a. we must get the board of regents to extend contracts for more than one year--preferably three, best, four. not only will this give coaches more security, it will be a potential fund-raiser for us, as i will explain later.
b. most crucial: not all coaches at montana can be treated equal. i know this may fly in the face of university policy, democracy, et. al., but no business could operate on the assumption that all employees are equal. when somebody of exceptional talent comes along, you need to reward them, commensurate to what they bring to the job. bobby hauck, like joe glenn before him, was tossed the keys to a caddie; krysko was handed a 12-year old jalopy that was broke and rusting in a junkyard next to washington griz. now that he's got it up and running and is giving the entire school a joyride, he should be paid accordingly. good mechanics are hard to find.

4. strategy
a. when krysko took over, attendance was 3472 per game. given the growth of the five valleys, and the the success krysko is having, it's not inconceivable that we could soon be selling out dahlberg. at that, we'd be bringing in far fewer fans than to wash griz (14 games @7300 equals 102,200, where six games at wash-griz at 23,500 per brings in 141,000 fans) if krysko can accomplish steady sellouts, the added reveune would be 7300-3472 times 14 games times whatever the average ticket price is. assuming $10, this means additional revenue to the university of $535,920 per year. when one man is demonstrably as responsible for that invrease as krysko is, does it not seem right that his salary reflect a part of that increase?
b. i do not know what the ticket structure is, but if the team is winning, i think a modest ticket increase would be feasible. tack an extra buck onto the cost of a ticket, and that's an extra $100,000 per year; $2, $200,000.
c. booster money. again, if you could get 250 to kick in an average of $1000 a year, you'd have half the total kitty. is that an unreasonable goal? i just don't know. when you consider a few might pony up more, and many many more might be willing to kick in less, i don't think it's an unreasonable goal.
d. buyout clauses. this is where i think a three or four year term to a contract would really work to our advantage because we could then add a hefty buyout clause. if krysko or any other coach decided it was time to trade success for big bucks, he'd still be able to do it, while we got something in return--a nice little donation from one of the bigger schools, or the n.b.a., say $500,000. any school or pro team willing to pay $1 million a year is not going to blink at $500,000. if we kept getting rising young coaches, this alone could be a steady source of revenue.
e. remember, not everything in life comes down to a buck; the best things in life are free! if mom's get mother's day, dads get father's day, kids get birthday parties and lovers get valentines, why not reward a popular coach with his own day? a parade? a new car? it's all a part of the process of feeling loved and wanted, and coaches are not immune--especially when they face seeing a "for sale" sign planted in their yard when they wake up one morning.
(but that's another committee.)

okay, that's a start. have at it.
 
Comment on 4.(c). If they could get 250 to donate $1,000 each every year, I don't know why someone can't go to each game and obtain anywhere from $1 to whatever a fan would be willing to donate. It would be a keep the coach fund raiser. If attendance averages 5,000 every home game and half the fans (2,500) donated an average of $5, that would provide up to approximately $175,000 in a 14 game home season. It's just a $70 donation each year per person. I would think 2,500 fans would be able to manage that. Of course, the estimate of the number of fans donating and the average amount donated could be a little high.

But, I would think a total of $50,000 at a minimum could be obtained. Along with the $50,000 to $175,000, plus that $250,000, that would leave from $75,000 to $200,000 to raise elsewhere.

Myself, I would sure try to donate $1,000 every year, plus donate $5 each game in the Keep the Coach fund. At least I would try to donate the $5 each game.
 
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Good plan ... most bases covered generally ... seems like the group would have to be all volunteer, including not just the soldiers but accountant, attorney, tax man, candlestick maker, etc ...

Some raise figures, basketball coaches only ... I'm guessing raises roughly double all salaries.

Men's head coach $100k raise
Women's head coach 100k
Men's assistants (40k x 3) 120k
Women's assistants (40k x 3) 120k
subtotal $440k
Indirect costs (@50%)* 220k
total (annual) $660k

Head coach raise I think creates a salary sufficient to attract excellence (already have that), and retain (factoring in quality of life) for a decent period. Assistant figure (40k) considers problems often created by salary gaps between heads and assistants, especially when the assistant salary is well below (apparently as is now the case at UM) the US mean family income of $70k (or is it median?; can't remember).
Might also need to consider ancillary basketball personnel ... trainers, strength coaches, etc.
Of course none of this considers potential hoops vs. griddiron problems, which probably would arise even in the face of the division-subdivision (I, IAA) argument.

*I have no idea what the UM indirect rate is. I assume because of the high salaries it is 50% or more ... probably more. (Indirect costs are health, retirement, SS, etc).
 
This new organization could write checks directly to the coaches and assistants, and avoid all the overheads associated with the U system.
 
Even if you couldn't raise K's salary dramatically, just the effort by the fans I think would mean a lot to K and the coaches. If the salaries of assistant coaches were raised then that would please K. Just the effort alone would prove without a doubt that even if the U doesn't seem to appreciate our great coaches, the fans do.
 
Then coaches would have to cover UM's contributions to benefits packages out of their salary raises. You could increase target raises by 25% to compensate. Or I suppose coaches could elect to go without increased benefits (except SS, at the least; they'd have to contribute the full 15% instead of half that).

Once outside the state system it becomes an even more complicated affair, but I suppose issues could be worked out.
 
I am pretty sure there is a state imposed cap of about 100 grand or so, on coaches’ salaries.

Can anyone confirm this? Are there annual escalators for inflation?
 
blgs fan said:
I am pretty sure there is a state imposed cap of about 100 grand or so, on coaches’ salaries.

Can anyone confirm this? Are there annual escalators for inflation?

I believe I remember Joe Glenn's salary around $105K.
 
blgs fan said:
I am pretty sure there is a state imposed cap of about 100 grand or so, on coaches’ salaries.

Can anyone confirm this? Are there annual escalators for inflation?

There is no cap I am aware of, just not enough money. The only restriction now is the 1 year contracts.

City, a lot of good stuff. I am working on my contribution but I agree with a lot of your ideas. :thumb:
 
Today's Wall Street Journal has an interesting feature on what various successful b-ball programs from around the country spend and take in. They list about 50 teams expected to make the NCAA tourney, ranging from Duke to NWern State.

The list has coaches salaries, and Coach K's is listed at $120,000. I believe that jibes with a report I saw in a MT newspaper or somewhere. The article said UM spent $1.1 million in 2004-2005, compared to Duke's $7.4 million. UM had $1.3 million in revenues, compared to Duke's $12.4 mil. Highest paid coach was Izzo at $1.6 million, with Duke's coach K at $1.4 million. Gonzaga's Few, by the way, gets $500,000 and just signed a new 10-year contract that pays him more. Nevada coach Fox is at $260,000 while Lorenzo Romar at Wash is at $890,000, Lute Olson $700,000, UCLA's Howland $910,000, and Cal's Ben Braun $850,000. (All of which suggests that, if Krysko did land a Pac-10 job, he could expect to earn six to eight times what he's making now)

There are just 7 teams below UM in terms of ranking for expenses--George Mason, Delaware St., UNC Wilmington, Albany, Winthrop, Penn, and NW State. Those 7 teams, plus Norther Iowa and Southern Ill., are below UM for revenue from basketball.

In the comments section for UM it says: "School has held the line on costs during two straight NCAA tourney appearances."
 
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