Coaches salaries

[JRE1975]

I am not worried about Matt leaving. JP knows what he has in CMC and his staff and will pay accordingly based on results we see on the field.

JP and his wife will sit down at the kitchen table next week with Matt's agent, his wife, and figure it out and then Matt's wife will explain to Matt what they decided. Matt and his staff will happily keep coaching for the bowl game, just waiting for Randy or Tommy to ask him the next stupid question on where he is going to coach next year, and all the while his wife is trying to figure out where to invest all the money he is making!

I believe CMC when he says he let's his wife handle all the economic issues, he just wants to coach football.

 

[TXCyclones]

Agents don’t get 1/3...no way. More like 3-4% Bro...

No it's in the 15% - 33.33% range. We have an alum that's a sports agent in Chicago. His cut is typically 33% the first year and drops quickly each successive year.

 

[Acylum]

No it's in the 15% - 33.33% range. We have an alum that's a sports agent in Chicago. His cut is typically 33% the first year and drops quickly each successive year.

Yet you’re using 33% of the total value of the contract in your figures.

 

[cykee05]

Top 25 Program, Coach should be Top 25 paid coaches.

 

[c.y.c.l.o.n.e.s]

I was curious so I Googled and found this document. It basically says that since there are no unions involved, college coaches and agents are free to negotiate their own terms. It then lists 4 sample contracts and each has basically the same negotiated fees. Roughly 4% of the coaches salary and 20% of all outside income goes to the agent in these examples.

https://law.marquette.edu/assets/sports-law/College Coaches - Representation Agreements _FINAL_.pdf

4. As compensation for its services performed under this Agreement, Agent shall be entitled to receive, and you shall pay to Agent, fees as follows: Coaching activities: Four percent (4%) of annual guaranteed compensation paid to you in the capacity of football coach for negotiation of coaching agreement Marketing, Merchandising and Product Endorsement Activities: Twenty percent (20%) of all Gross Income derived from all Marketing, Licensing, Merchandising and Product Endorsement Activities

 

[AuH2O]

Yet you’re using 33% of the total value of the contract in your figures.

The highest percent you usually see reported is 10%, and is typically reported as 3-4%. I could see in lower levels dealing with smaller dollar amounts having a higher % due to many if the costs being similar and need to cover fixed and transactional costs.

Agents in NFL and I believe NBA can't get above 3%, and lots if those salaries are in the range of these coaches. I highly doubt they are getting 5-10x the commission rate on a college coach as they do a pro athlete .

 

[Acylum]

The highest percent you usually see reported is 10%, and is typically reported as 3-4%. I could see in lower levels dealing with smaller dollar amounts having a higher % due to many if the costs being similar and need to cover fixed and transactional costs.

Agents in NFL and I believe NBA can't get above 3%, and lots if those salaries are in the range of these coaches. I highly doubt they are getting 5-10x the commission rate on a college coach as they do a pro athlete .

Yeah. There’s a reason they’re referred to as “Ten percenters”.

 

[BillBrasky4Cy]

This is where it becomes if we have a Bill snyder type or not. We don't want to go cheap, but also can't whoar ourselves out completely. If our TV money increases decent, then a 500k raise to get him into that 4 number shows thanks. Honestly, if the stars align, like they could; next year could be the monster year. And its the year my son will be playing at a smaller school so I won't have tickets. Just my luck.

I completely agree. IMO if CMC accepts a small raise it's because he scaled his cut back in order to bump up his assistants. Honestly, everyone needs to relax because this isn't 10-15 years ago, Iowa State has a ton of money to play with.

 

[CtownCyclone]

At the start of the season, yes CMC was being paid fairly. He had a solid season, but only one for us. You pay well, but you don't want to get the CPR situation where it kinda flames out (even though CMC did more in that year than CPR ever did). Now after seeing that the success is truly looking to be sustained, you draft that type of contract with him. If he is going to use us as a stepping stone, 10MM probably wouldn't hold him. So you get him competitive with the big boys and make it tailored to what he sees as most important.

Look at Auburn and Gus Malzhan. Great season last year, new contract moves him from $4.7 million to $6.7 million with monster buyout. Now they're wanting to push ol' Gus out and trying to renegotiate his buyout to take the sting out of it when they give him the boot.

 

[jsb]

Look at Auburn and Gus Malzhan. Great season last year, new contract moves him from $4.7 million to $6.7 million with monster buyout. Now they're wanting to push ol' Gus out and trying to renegotiate his buyout to take the sting out of it when they give him the boot.

To be a big boy, you’ve got to play like it.

 

[FinalFourCy]

Look at Auburn and Gus Malzhan. Great season last year, new contract moves him from $4.7 million to $6.7 million with monster buyout. Now they're wanting to push ol' Gus out and trying to renegotiate his buyout to take the sting out of it when they give him the boot.

They have a chance of 8 wins in a down year while playing in the SEC West.

They’re not in a position to value shop, nor do they need to

 

[SCyclone]

Notre Dame's a private school. I'm sure there's additional compensation.

Not to mention the pride and prestige that comes from coaching The Notre Dame Fighting Irish.

sarcasm/

 

[JM4CY]

What JP should really do is have a 1:1 with CMC wife. "Are you happy? Because I brought my check book with me and I want to make you very happy."

 

[Gunnerclone]

When you back out the theoretical cut of the agents CMC is back up in pretty good standing.

Ya but you can’t do that. That would be like not tipping on the full bill if you you use a BOGO coupon.

 

[isufbcurt]

What JP should really do is have a 1:1 with CMC wife. "Are you happy? Because I brought my check book with me and I want to make you very happy."

Sounds kinky

 

[cyfan92]

Bump CMC to $4M, $25M buyout, and bump assistants $1M. I having a feeling that Jon "The Professor" Heacock will be on A TON of lists for DC across the country. The coffers have never been more full at ISU, time to use them!

The Mid American Energy Defensive Cordinator: Jon Heacock

 

[jsb]

Bump CMC to $4M, $25M buyout, and bump assistants $1M. I having a feeling that Jon "The Professor" Heacock will be on A TON of lists for DC across the country

You will never get that kind of buyout. Never. We were lucky to get thd butout we had.

Remember there are two different kind of buyouts. The one that thd coaches get if they are fired—usually value of contract. And the one the new school has to pay you if thd coach leaves—-that’s smaller.

 

[JM4CY]

Sounds kinky

 

[Boxerdaddy]

Anyone have the deets on his current contract? When do his bonuses hit? I know they changed them from 6 wins or something pedestrian like that.

 

[spitfyr36]

Bump CMC to $4M, $25M buyout, and bump assistants $1M. I having a feeling that Jon "The Professor" Heacock will be on A TON of lists for DC across the country. The coffers have never been more full at ISU, time to use them!

The Mid American Energy Defensive Cordinator: Jon Heacock

I agree the pay for assistants needs to increase, but I'm not sold on Heacock leaving. It took convincing to get him here to Ames, he didn't want to uproot his family. Hes here now, I think it would take a pretty significant situation to get him to leave