Ohio Basketball Topic
Topic: First mid-major to cut coach's salary??
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bobcatsquared
3/26/2024 1:27 PM
Will an AD in the future consider offering a new coach a reduced salary, say $100K or $200K per year, and put the money saved toward players' NIL? Doubt they would do this with an existing coach's contract. But wouldn't this be putting your money toward something that would produce better results on the court or field?
Last Edited: 3/26/2024 1:31:30 PM by bobcatsquared
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Bobcat Love's Sense of Shame
3/26/2024 2:06 PM
Don't think we're quite there yet, but I do think it's quite possible that one of the impacts of the NIL is downward pressure on coaching salaries.

But as of right now, the pool of money that goes to coaching salaries is a different pool of money than goes to the NIL. So schools can't just make a reallocation choice. If Baker's proposal ends up going through, I think there'll definitely be a drop in coaching salaries to find the money for players. There'll also be fat cut from Athletic Departments -- don't think Urban Meyers is going to have a spiritual advisor on staff at his next school, for instance.
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M.D.W.S.T
3/26/2024 2:09 PM
Bobcat Love's Sense of Shame wrote:expand_more
But as of right now, the pool of money that goes to coaching salaries is a different pool of money than goes to the NIL. So schools can't just make a reallocation choice.
Correct. And important note.
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GraffZ06
3/26/2024 4:04 PM
And creative accounting isn't a thing. Also, sports has never seen shady, under table, or handshake deals for exchanges of cash. Nope. Never ever.
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giacomo
3/26/2024 9:30 PM
Well, the exorbitant coaching salaries are why there is NIL. It makes sense that this could happen. Let’s say one of these P5 guys who make 5M. If you give 50k to 15 guys and pay him 4.25M. That’s a start. Mid major? Not that much room to move, but it’s possible.
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The Optimist
4/10/2024 1:10 PM
giacomo wrote:expand_more
Well, the exorbitant coaching salaries are why there is NIL. It makes sense that this could happen. Let’s say one of these P5 guys who make 5M. If you give 50k to 15 guys and pay him 4.25M. That’s a start. Mid major? Not that much room to move, but it’s possible.
Coaching salaries are an effect of the system not the cause
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giacomo
4/10/2024 2:01 PM
What came first? The chicken or the egg. It’s the salaries that caused the players to want to get paid above a scholarship. No other reason.
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JimLurker34
4/10/2024 6:19 PM
giacomo wrote:expand_more
What came first? The chicken or the egg. It’s the salaries that caused the players to want to get paid above a scholarship. No other reason.
But it's the corrupt system that caused the salaries to be ridiculous in the first place. As The Optimist said, it's a systemic problem, and both the outrageous coaches' salaries and the million dollar NIL deals are the result of a system run amok. In no other country would an educational institution consider getting involved in an athletic system this corrupt. It's American exceptionalism at its finest.
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GraffZ06
4/10/2024 6:59 PM
giacomo wrote:expand_more
What came first? The chicken or the egg. It’s the salaries that caused the players to want to get paid above a scholarship. No other reason.
Greed coupled with opportunistic and unethical posse and handlers exploiting young adults? Nahhh couldn't be that.

Definitely coaches salaries. That's it.
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giacomo
4/10/2024 9:55 PM
GraffZ06 wrote:expand_more
What came first? The chicken or the egg. It’s the salaries that caused the players to want to get paid above a scholarship. No other reason.
Greed coupled with opportunistic and unethical posse and handlers exploiting young adults? Nahhh couldn't be that.

Definitely coaches salaries. That's it.
Let’s say you play for Alabama or OSU or any P5. Sold out stadiums, national TV and a media frenzy. Then, you know your coach is making 5-10M, lives in a mansion, drives a Maserati and pops a Rolex. Do you think your scholarship is fair compensation for all the hours you are required to put in? You couldn’t say you were an independent contractor. You are an employee. When coaches were being paid like faculty the old way worked. It doesn’t anymore.
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GraffZ06
4/10/2024 11:33 PM
giacomo wrote:expand_more
What came first? The chicken or the egg. It’s the salaries that caused the players to want to get paid above a scholarship. No other reason.
Greed coupled with opportunistic and unethical posse and handlers exploiting young adults? Nahhh couldn't be that.

Definitely coaches salaries. That's it.
Let’s say you play for Alabama or OSU or any P5. Sold out stadiums, national TV and a media frenzy. Then, you know your coach is making 5-10M, lives in a mansion, drives a Maserati and pops a Rolex. Do you think your scholarship is fair compensation for all the hours you are required to put in? You couldn’t say you were an independent contractor. You are an employee. When coaches were being paid like faculty the old way worked. It doesn’t anymore.
Yes, I would 100% believe my college scholarship worth 10's to 100's of thousands of dollars is plenty compensation as an amateur, playing a game part-time, while going to school. And that's exactly how I viewed my scholarship when I was in college.

Why would I care what the coaches made, unless I was jealous or greedy? Maybe they worked long and hard, toiling through years of making 10k to get to where they are. They're professionals with families. They're the ones recruiting the players, building the team, creating the culture, handling the media/PR, enticing the donors, fostering an entire support staff (including their families) and assistant coaches. If they're winning games and championships and bringing money into the university such that their market value is worth it, more power to them. Free market is a wonderful thing.

I've never bought the athletes were employees argument for a single minute. They were compensated via scholarships, not pay. NOW, with NIL however? Yeah, it's basically pay for play - which is much closer to being an employee than ever before. Was never supposed to be that way and brings all sorts of different laws and regulations into play.
Last Edited: 4/10/2024 11:36:24 PM by GraffZ06
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JSF
4/11/2024 12:54 AM
Free market, eh?
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BillyTheCat
4/11/2024 7:23 AM
giacomo wrote:expand_more
What came first? The chicken or the egg. It’s the salaries that caused the players to want to get paid above a scholarship. No other reason.
Greed coupled with opportunistic and unethical posse and handlers exploiting young adults? Nahhh couldn't be that.

Definitely coaches salaries. That's it.
Let’s say you play for Alabama or OSU or any P5. Sold out stadiums, national TV and a media frenzy. Then, you know your coach is making 5-10M, lives in a mansion, drives a Maserati and pops a Rolex. Do you think your scholarship is fair compensation for all the hours you are required to put in? You couldn’t say you were an independent contractor. You are an employee. When coaches were being paid like faculty the old way worked. It doesn’t anymore.
Same could be said about the Amazon worker, McDonald’s worker etc. Not sure why you have an issue with one and not the other.
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GraffZ06
4/11/2024 9:47 AM
JSF wrote:expand_more
Free market, eh?
You don't think coaches salaries are a perfect example of supply and demand?

Lots of interest in the sport, tons of money and revenue being generated (demand) coupled with very few individuals both qualified and capable of doing the job and performing at levels that meet or exceed expectations (supply).

Limited supply + high demand = increased salaries. Free market at play.
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giacomo
4/11/2024 10:14 AM
GraffZ06 wrote:expand_more
Free market, eh?
You don't think coaches salaries are a perfect example of supply and demand?

Lots of interest in the sport, tons of money and revenue being generated (demand) coupled with very few individuals both qualified and capable of doing the job and performing at levels that meet or exceed expectations (supply).

Limited supply + high demand = increased salaries. Free market at play.

The free market is exactly why the players are now being compensated. It’s the coaching salaries plus the rights money that the players thought where’s mine. The money is huge and I’m glad they are getting some.
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GraffZ06
4/11/2024 11:22 AM
giacomo wrote:expand_more
Free market, eh?
You don't think coaches salaries are a perfect example of supply and demand?

Lots of interest in the sport, tons of money and revenue being generated (demand) coupled with very few individuals both qualified and capable of doing the job and performing at levels that meet or exceed expectations (supply).

Limited supply + high demand = increased salaries. Free market at play.

The free market is exactly why the players are now being compensated. It’s the coaching salaries plus the rights money that the players thought where’s mine. The money is huge and I’m glad they are getting some.
The free market doesn't apply to non-workers. There has to be an actual exchange of dollars for goods or services based on their ability to perform a job or duties. College athletes aren't paid employees (or weren't, they basically are now). They were getting compensated for their time and talent already via scholarships. The "free market" portion of that equation was their ability to gauge the offers available to them from different universities and choose which, if any, they wanted to agree to the compensation package (scholarship).

They weren't forced to take any of the scholarship offers. They could be John Q Student, or go straight to work somewhere. Free market choices.

The NIL money makes sense, since it's literally a company profiting from your name or image. They deserve a piece of that. That should be such a narrow scope of conditions though. Jersey sales. Video games. In-person commercials. That's about it.
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giacomo
4/11/2024 2:06 PM
GraffZ06 wrote:expand_more
Free market, eh?
You don't think coaches salaries are a perfect example of supply and demand?

Lots of interest in the sport, tons of money and revenue being generated (demand) coupled with very few individuals both qualified and capable of doing the job and performing at levels that meet or exceed expectations (supply).

Limited supply + high demand = increased salaries. Free market at play.

The free market is exactly why the players are now being compensated. It’s the coaching salaries plus the rights money that the players thought where’s mine. The money is huge and I’m glad they are getting some.
The free market doesn't apply to non-workers. There has to be an actual exchange of dollars for goods or services based on their ability to perform a job or duties. College athletes aren't paid employees (or weren't, they basically are now). They were getting compensated for their time and talent already via scholarships. The "free market" portion of that equation was their ability to gauge the offers available to them from different universities and choose which, if any, they wanted to agree to the compensation package (scholarship).

They weren't forced to take any of the scholarship offers. They could be John Q Student, or go straight to work somewhere. Free market choices.

The NIL money makes sense, since it's literally a company profiting from your name or image. They deserve a piece of that. That should be such a narrow scope of conditions though. Jersey sales. Video games. In-person commercials. That's about it.
So, you have a very narrow view of what a free market is. I get it. If you paid for college you think a full ride is utopia and the players should be happy with that. But things have changed dramatically with the amount of hours they put in and the huge money that is out there.
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