Agree

I think, again, you are completely, totally missing the point. You are thinking like a fan and the people making the athletic budget decisions, I promise you, are not. This isn't like a family entertainment budget where I might have $75 in my pocket that I have decided to blow for the sake of making myself feel entertained and if I don't spend it on dinner and movie then I have it to spend on going to the game. Your response indicates to me that your thinking about the school's athetic budget like this and if you are then you are, I think, completely out of touch with reality.

The athletic budget is more like your company's marketing budget. They spend that money because they think it will, in the long run, generate slightly more money for the company in return. Otherwise, they wouldn't spend it. They spend millions on football because they believe that the University, in the long run, would be millions worse off if they didn't spend it. Spending the millions on field hockey instead of football wouldn't generate as much money in the long run so they won't make that decision. So even though they woukd have spent the same amount, in the end, the opportunity cost of the field hockey decision would in effect be a net loss of millions of dollars. The same, in the people doing this business analysis, applies to spending it on basketball. Yes, the reality is far more complicated than this, and more complicated than we could discuss on a message board, and more complicated than I understand also because I am not in that business but it definitely IS NOT a we have a million bucks and we can either decide to spend it on basketball or football decision. That isn't anywhere close to how this decision works.

Fortunately, you are not making the decisions.

I think we are at or near the minimum sports needed to stay in the MAC

This all makes sense to me. Enjoy the ride while we can.

I give quite a bit thank you. And the University does not need my money to give Jeff a well deserved raise. Last year looks like he earned $35k in bonus money, and hopefully he gets significantly more than that this year.

Details of Boal's contract and bonuses:

Former Stony Brook Coach Jeff Boals signed a five-year contract with Ohio in the offseason that terminates on April 1, 2024. Boals will earn an annual base salary of $581,000.

He also received a $25,000 signing bonus and Ohio University paid Stony Brook a $50,000 buyout.

Boals’ assistant coach salary pool is $341,000 for three assistant coaches.

Boals can earn additional compensation from performance-based incentives:

If Ohio has a winning conference record: $5,000
If Boals wins MAC Coach of the Year: $5,000
If Ohio reaches an agreed-upon APR score: $5,000
If Ohio wins the MAC regular season championship: $10,000
If Ohio wins the MAC Tournament: $10,000
If Ohio makes an NIT appearance: $5,000
If Ohio plays in the NIT championship: $10,000
If Ohio receives an at-large bid to the NCAA Tournament: $10,000
If Ohio wins one or more game(s) in the NCAA Tournament: $10,000 per win
If Ohio reaches the Sweet 16: $30,000
If Ohio reaches the Final Four: $75,000
If Ohio wins the national championship: $100,000


Boals will also receive a courtesy car from the university or a comparable monthly stipend of $750.

Ohio provided reimbursement of Boals’ relocation expenses and the university will maintain a club membership for Boals.

If Ohio terminates Boals’ contract without cause, the university will owe him the following:

Between March 18, 2019 and April 1, 2020: $950,000
Between April 2, 2020 and April 1, 2021: $850,000
Between April 2, 2021 and April 1, 2022: $750,000
Between April 2, 2022 and April 1, 2023: $650,000
Between April 2, 2023 and April 1, 2024: The percentage of Boals’ $581,000 annual base salary that is equal to the number of days remaining in the agreement divided by 365


Boals agreed to make “reasonable efforts” to mitigate the university’s obligations to pay liquidated damages in the case that his contract is terminated.

If Boals terminates his contract with Ohio before the contract is over, he’ll owe the university the following:

Between March 18, 2019 and April 1, 2020: $950,000
Between April 2, 2020 and April 1, 2021: $850,000
Between April 2, 2021 and April 1, 2022: $750,000
Between April 2, 2022 and April 1, 2023: $650,000
Between April 2, 2023 and April 1, 2024: The percentage of Boals’ $581,000 annual base salary that is equal to the number of days remaining in the agreement divided by 365

He is NOT #9 in Mid-Major, as many are private schools and did not participate in that little survey of that publication.

+1

Great post

Like any organization, OHIO University has the money to spend if they want to spend the money. It's really just that simple.

I couldn’t care less if he leaves tomorrow. We’ll find another coach and life will go on. It appears he likes it here and will stay. Until he doesn’t. He’s doing a good job and I hope he does stay.

There are dozens of us. Dozens!

I do hope he stays. But if he leaves, so what? It’s his choice. Life goes on. What is truly funny are these half baked ideas to pay what we can’t afford and for what? So you can up your cocktail banter and say your Alma Mater is paying our coach 1M per? I guess you had Econ 101 at 8am and were sleeping off your Swanky’s hangover.