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Topic: Groce contract
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ab54
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Posted: 3/20/2012 8:57 AM
Mike Coleman wrote:expand_more
Also, the MAC changed its rules so the pot is not split evenly anymore. I'm not sure exactly how the formula pays out (based on tourney appearances and scheduling benchmarks) but I think it's safe to assume Ohio will be getting more money over the next few years than most of its MAC brethren.


My understanding was that Ohio will get 50% of the pot.
Last Edited: 3/20/2012 8:57:48 AM by ab54
bornacatfan
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Posted: 3/20/2012 9:04 AM
athena wrote:expand_more
I've also noticed that just about every time he makes mention of building a program, he says he isn't finished yet. I think he stays at least another year to finish out with this group of players.


They left Butler and Xavier in a pretty good place.
Bobcat Love's Sense of Shame
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Posted: 3/20/2012 9:44 AM
If his contract doesn't already include it, the most important provision to input, in my mind, is something stating that any school that hires Groce must schedule two games at the Convo with X number of years. 

Ultimately, I think Groce stays through next year, and if we have another successful season and a big job opens up in the Midwest, I think he takes it. I don't think he's the sort that's gonna jump to South Carolina or Washington State or somewhere else that isn't firmly within the area he's traditionally recruited well. But he's built this program well, and I think we'll be able to maintain success after his departure with the right hire. 
mf279801
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Posted: 3/20/2012 10:44 AM
And, as much as each and every one of us would love for Athens to be his dream city, and OHIO to be his ideal job (and who knows, maybe he does settle in for a long run here), I don't think any of us will blame him if/when he takes his payday*. Not with the success he's lead us to and the strong shape the program is in.

(* but may that day be sometime off)
OU_Country
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Posted: 3/20/2012 3:45 PM
As a side note to this confirmation, Katz just tweeted that SIU has offered Bruce Webber their vacancy.
crackerbaby00
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Posted: 3/20/2012 6:17 PM
ab54 wrote:expand_more
Also, the MAC changed its rules so the pot is not split evenly anymore. I'm not sure exactly how the formula pays out (based on tourney appearances and scheduling benchmarks) but I think it's safe to assume Ohio will be getting more money over the next few years than most of its MAC brethren.


My understanding was that Ohio will get 50% of the pot.


I was looking for that information last night but couldnt find anything.  Is there an article out there somewhere?

If true, that would mean that we would be getting $2.85 million over the next 6 years (just for this year's run), or $475k per year.  That could provide a good chunk of a nice raise for Coach
ohio9704
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OUVan
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Posted: 3/20/2012 7:54 PM


Beat me to it. Not even mentioned in the article.
Doc Bobcat
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Posted: 3/20/2012 8:15 PM
ab54 wrote:expand_more
Also, the MAC changed its rules so the pot is not split evenly anymore. I'm not sure exactly how the formula pays out (based on tourney appearances and scheduling benchmarks) but I think it's safe to assume Ohio will be getting more money over the next few years than most of its MAC brethren.


My understanding was that Ohio will get 50% of the pot.



Insert Meigs County joke here.
perimeterpost
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Posted: 3/20/2012 8:33 PM
Doc Bobcat wrote:expand_more
Also, the MAC changed its rules so the pot is not split evenly anymore. I'm not sure exactly how the formula pays out (based on tourney appearances and scheduling benchmarks) but I think it's safe to assume Ohio will be getting more money over the next few years than most of its MAC brethren.


My understanding was that Ohio will get 50% of the pot.



Insert Meigs County joke here.


this guy knows what you're talking about

colobobcat66
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Posted: 3/20/2012 8:54 PM
I see USA Today has Groce earning $55,000 in incentives so far thru the NC game, win or lose.
Last Edited: 3/20/2012 8:55:31 PM by colobobcat66
jpmo
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Posted: 3/20/2012 11:02 PM
Maybe we can't pay him a big yearly salary, but what we could offer is longevity...$5M over 10 years. Guaranteed.

Build a program where you have already laid the groundwork. Capitalize on this year and the prior four years.

Coach Groce: Secure your family, secure your team, secure a legacy.

Remember the story about the farmer and the diamonds.

"Acres of Diamonds" is the story of a successful farmer in India named Al Hafed. Hafed is tempted by the allure of wealth and sells his farm to search the world for diamonds. Years later he dies penniless, having not found diamonds. However, back home the man who purchased Hafed's farm accidentally discovers a huge field of diamonds on Hafed's former land.

Conwell uses this story to illustrate that success often lies close at hand, if you are willing to open your eyes and mind to opportunity. "

That is what I would be pitching if I am McDavis.

I'm a believer.
DelBobcat
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Posted: 3/20/2012 11:17 PM
Maybe the fact that I have never been rich (nor will I ever be rich) influences my view on this but:

I would rather make $500,000 per year, build a program, and be part of a special community like OHIO than make millions and coach at a juggernaut.

Either way he will have enough money to live very comfortably and provide his family with a comfortable lifestyle as well.
Ozcat
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Posted: 3/21/2012 12:14 AM
From the MAC board (I didn't check the accuracy, fwiw):
____________________________________________________

The NCAA credits conferences on a 6 year cycle giving them about 250,000 per appearance.

Thus the minimum any automatic qualifying conference would receive from the NCAA tournament is 250,000 x 6 = 1.5 million.

With Ohio picking up a Third Round appearance in 2010 (2 units) and at least a Sweet 16 in 2012 (3 units) that gives the MAC 3 additional units for 2.25 million overall.

2007 (1 unit)
2008 (1 unit)
2009 (1 unit)
2010 (2 units)
2011 (1 unit)
2012 (3 units)

The MAC changed its formula for splitting the revenue for a given year based on a few factors:

1) Postseason tourney performance
2) Regular season performance
3) Scheduling at least 50% of games at home.

Ohio because of its performance this season will be able to keep about half (1.125 million) of its distribution itself.

Let's say next year that Akron makes the Sweet 16 while Ohio plays in the NIT.

2008 (1 unit)
2009 (1 unit)
2010 (2 units)
2011 (1 unit)
2012 (3 units)
2013 (3 units)

The MAC would then have 11 units x 250,000 = 2.75 million to distribute with Akron's split worth roughly 50% (1.375 million).

So yes Ohio's run to the Sweet 16 will greatly benefit Ohio....and also Akron who won the MAC regular season title and made the NIT. It benefits Kent State and Buffalo who had nice finishes in the MAC and could realistically be in the NCAAs next year.

The success doesn't really benefit Northern Illinois or Miami who are only going to receive a 1% (22,500) split of the NCAA money. Neither will probably be in a position to take advantage of money from Ohio's runs before it runs out.
Last Edited: 3/21/2012 12:56:44 PM by Ozcat
anorris
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Posted: 3/21/2012 1:00 AM
Bobcat Love's Sense of Shame wrote:expand_more
If his contract doesn't already include it, the most important provision to input, in my mind, is something stating that any school that hires Groce must schedule two games at the Convo with X number of years.
This was exactly what I was going to add to the discussion.  I think it is a provision Groce would approve of, knowing how tough scheduling can be, although it might be hard (emotionally) for him to bring another team into the Convo.
oubobcatjohn
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Posted: 3/21/2012 2:39 AM
Hope Groce takes a page from Charlie Coles and stays at Ohio long term and keeps reminding Keith Dambrot at Akron that he is still here every March when Ohio beats Akron in the MAC title game year after year.   
OU_Country
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Posted: 3/21/2012 1:54 PM
oubobcatjohn wrote:expand_more
Hope Groce takes a page from Charlie Coles and stays at Ohio long term and keeps reminding Keith Dambrot at Akron that he is still here every March when Ohio beats Akron in the MAC title game year after year.   


This would be the ideal situation wouldn't it?
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