I was discussing with some guys and we came up with a solution to the runaway coaching salary/contract (see Fisher, Jimbo)
Every school in the NCAA sign a “collective bargaining agreement” that all coaching contracts must contain the following baseline structure:
- schools select base salary obviously.
- a disincentive equal to at least 10% (maybe 15%?) of total annual salary for each win below a school selected threshold, but at least .500 (could be 7-5, 8-4, etc). Ex. Salary of $4 million would be reduced by $400k if they go 5-7, $800k for 4-8, and so on.
- incentive for wins above the same threshold, with the same 10% rule. (Don’t want schools paying $1 for wins to inflate base salary in order to attract the next Jmbo).
- records below .500, coaches can be dismissed for cause without any buyout. First year of tenure would be exempt from this requirement. Second year needs to improve by one win above previous year. 3 consecutive seasons below threshold is grounds for dismissal for cause regardless of improvement. Schools can elect to raise this threshold to 7-5, 8-4, etc but must be at minimum .500.
- any buyouts must be based on the 10% rules above, and can only equal a maximum of the last year of salary. Ex $4 million salary fired for 8-4, buyout would be limited to $4 million + ($400k x 2) = $4.8 max. Fired for 3-9 (following a 2-10 season) buyout would be $4 million - ($400k x 3) = $2.8 million max.
Would only work if every school signed on.
Probably needs some tweaking with thresholds, %, etc, but bottom line, it would force coaches to perform or GTFO.
Selmon, lead the charge.
Every school in the NCAA sign a “collective bargaining agreement” that all coaching contracts must contain the following baseline structure:
- schools select base salary obviously.
- a disincentive equal to at least 10% (maybe 15%?) of total annual salary for each win below a school selected threshold, but at least .500 (could be 7-5, 8-4, etc). Ex. Salary of $4 million would be reduced by $400k if they go 5-7, $800k for 4-8, and so on.
- incentive for wins above the same threshold, with the same 10% rule. (Don’t want schools paying $1 for wins to inflate base salary in order to attract the next Jmbo).
- records below .500, coaches can be dismissed for cause without any buyout. First year of tenure would be exempt from this requirement. Second year needs to improve by one win above previous year. 3 consecutive seasons below threshold is grounds for dismissal for cause regardless of improvement. Schools can elect to raise this threshold to 7-5, 8-4, etc but must be at minimum .500.
- any buyouts must be based on the 10% rules above, and can only equal a maximum of the last year of salary. Ex $4 million salary fired for 8-4, buyout would be limited to $4 million + ($400k x 2) = $4.8 max. Fired for 3-9 (following a 2-10 season) buyout would be $4 million - ($400k x 3) = $2.8 million max.
Would only work if every school signed on.
Probably needs some tweaking with thresholds, %, etc, but bottom line, it would force coaches to perform or GTFO.
Selmon, lead the charge.