Open up the check book, Mr. Pollard

[kingcy]

Not sure to which lawsuit you are referring. The O'Bannon lawsuit isn't overblown and has many people in high positions watching closely. Schools and the NCAA are profiting off the likeness of individual college athletes. I can't imagine it ever makes it to verdict, however.

I also think the Kessler lawsuit arguing collusion is a serious threat. He is a high-powered attorney and has taken on the big leagues. He wouldn't get involved in this unless he smelled blood in the water.

Don't stick your head in the sand. These are significant issues the NCAA is facing. They are in trouble and they know it.

The NCAA could fix the problem easy. Put a $5 surcharge on all NCAA merch, put that money in a trust fund for revenue sports, and once players graduates in say 6 years the get XXX amount of dollars, when they turn 30. Any leftover money it split out to members of the NCAA so schools can spend on athlete scholarships.

 

[SammyWild]

If and when Fred decides to take a AD/GM or coaching job with a NCAA or NBA team money isn't going to be the issue that "locks" him in at Iowa State or entices him and his family to move on. it'll be because he wants the challenge and opportunity. If another school or NBA franchise wants Fred bad enough they'll buy out his contract and throw some ridiculous #'s at him. It would be nice to give him bonuses based on his regular season and post season wins to show him appreciation.

This. I apologize, I feel like I've allowed myself to be locked into the strictly dollars argument, and that isn't a complete one.

ALL that needs to be ensured is that IF Fred leaves, money has NOTHING to do with his decision. I want to believe Pollard knows the financial impact all of the national radio interviews, and you tube videos, and the rest of the publicity this team has brought to the university.

The value in current and future generations of Iowa State fans cannot be understated. If we lose him over money, well that's an unacceptable outcome.

 

[CyGuy5]

If he doesnt get a raise in the near future i fear he will leave for somewhere else

 

[Stormin]

Id say that cyclone fans already have been opening the checkbook. We sold out most of our games this year. Merchandise sales have to be over the top. Dont even ask what you have to pay to get a parquet seat. A lot of that goes away if Hoiberg leaves. And dont forget the value of all the positive exposure Iowa State is getting. The payoffs to that are tremendous.

Fact is the money needs to be found somehow, as if hoiberg ever leaves thats a lot of money ISU stands to lose. Its not like we wont be having to pay $2mil\year (becoming the going rate for a big 12 coach) for a coach anyways, we've been getting a discounted rate as is, it would be far more costly to lose him because we didnt come up with the money.

Of course we dont know what hoiberg really wants. Its not like he's short on cash.

Hoiberg's contract has a lot of bonuses contained in it. Along with automatic $100,000 increases every year. There are close to $675,000 in incentives IIRC in this contract. He just signed that contract last year. I linked his reaction to that contract in an earlier post. Hoiberg was ecstatic about it. Remember that his first contract was a five year deal for $4.5 million.

So let's NOT start making a problem out of something that is not a problem. Rest assured that Jamie Pollard will constantly be talking to Fred about our BB program and everything involved including Fred's compensation and also that of his assistants. And let's just STOP with all the silly talk of upping his salary to $3 million and more because we have made the Sweet Sixteen.....and hopefully more. It is just stupid talk.

FTR, Hoiberg had his contract extended in 2012. That was an eight year deal for $12 million that averaged $1.5 million per season and made his previous deal void. That one doubled his salary. In 2013, Hoiberg signed another contract for 10 years. This time it was for $20 million for an average of $2 million per season. Fred also has incentive bonuses within the deal as well. ISU has treated Fred very well in the past. We have upped the money even though we have had him under contract for less. Just so you know, Fred's FIRST contract was a five year deal signed in April 2010 for $4.5 million. We have opened our checkbook. Rest assured that Pollard is on top of things. And also realize that we have voluntarily increased the past salaries by a lot when we were under no obligation to do so because Fred was under contract.

 

[VeloClone]

If he doesnt get a raise in the near future i fear he will leave for somewhere else

Seriously? The guy just got a raise after last season. JP and Fred should sit down and look over his performance and compensation, but you act like he hasn't gotten any more money since he arrived in Ames.

I seriously hope this is an implied Jimlad.

 

[Stormin]

If he doesnt get a raise in the near future i fear he will leave for somewhere else

WHY would you even think that? Technically, Hoiberg would be still under his FIRST contract. We gave him a hefty pay raise and new contract in 2012 and also another hefty pay raise and new contract in 2013 as well.

 

[Stormin]

Seriously? The guy just got a raise after last season. JP and Fred should sit down and look over his performance and compensation, but you act like he hasn't gotten any more money since he arrived in Ames.

I seriously hope this is an implied Jimlad.

Evidently many on this board think that Hoiberg is still under his first 5 year contract for $4.5 million and are not aware for the last 2 years we have torn up the previous contracts and given Hoiberg hefty raises. They want to make it 3 years in a row.

 

[IAmNotTheMayor]

Just my $0.02... coaches like a certain base pay, but beyond what most others earn in the league, they really want long-term security. If I were Hoiberg and I knew Pollard had X dollars to spend, I would rather him expand the recruiting budget and facilities, rather than increase my salary.

 

[Aclone]

At the very least--pay for the man (and his wife) to have dancing lessons.

 

[CYKOFAN]

My fear, unfounded or not, is that we lose another legend like Cael because the administration didn't realize their importance to their sports, ISU national recognition, and school pride. I don't mean to make this a wrestling thread, but I don't think JP realized the importance of wrestling to school history and pride, and the importance of Cael to our wrestling program and ISU pride. I know the company line about Penn State having more money, great high school wrestling, etc, but it just seems other programs like cross country and track could have been dropped and more money given to Cael if we had been on top of the situation, and I admit I'm a wrestling fan as it was a huge source of ISU pride when I was there. Fred is an ISU legend too and a huge source of ISU pride both as a player and a coach, and just so the administration understands that and does all they can within reason to make sure we don't lose another one of our legends because we didn't understand their importance to ISU.

 

[VeloClone]

...but it just seems other programs like cross country and track could have been dropped and more money given to Cael if we had been on top of the situation, ....

Track and Cross Country have a history here as well - and a future.

9 team national championships and 71 team conference championships.

 

[kingcy]

My fear, unfounded or not, is that we lose another legend like Cael because the administration didn't realize their importance to their sports, ISU national recognition, and school pride. I don't mean to make this a wrestling thread, but I don't think JP realized the importance of wrestling to school history and pride, and the importance of Cael to our wrestling program and ISU pride. I know the company line about Penn State having more money, great high school wrestling, etc, but it just seems other programs like cross country and track could have been dropped and more money given to Cael if we had been on top of the situation, and I admit I'm a wrestling fan as it was a huge source of ISU pride when I was there. Fred is an ISU legend too and a huge source of ISU pride both as a player and a coach, and just so the administration understands that and does all they can within reason to make sure we don't lose another one of our legends because we didn't understand their importance to ISU.

You really cannot compare the two. Basketball gets viewed by a lot of people, much better way to showcase the university. There is also more money in the budget to spend on coaches now. Wrestling is such a regional sport, it is important to some ISU and the nitch wrestling fans not many care about it. Wrestling recruiting is also regional, while Fred can recruit national. In Iowa Cael was always going to go against another legend, while there may not be a bigger basketball name in the state of Iowa.

 

[Dryburn]

Give him a life-time contract with lots of incentives and be done with it already.

 

[Mr Janny]

My fear, unfounded or not, is that we lose another legend like Cael because the administration didn't realize their importance to their sports, ISU national recognition, and school pride. I don't mean to make this a wrestling thread, but I don't think JP realized the importance of wrestling to school history and pride, and the importance of Cael to our wrestling program and ISU pride. I know the company line about Penn State having more money, great high school wrestling, etc, but it just seems other programs like cross country and track could have been dropped and more money given to Cael if we had been on top of the situation, and I admit I'm a wrestling fan as it was a huge source of ISU pride when I was there. Fred is an ISU legend too and a huge source of ISU pride both as a player and a coach, and just so the administration understands that and does all they can within reason to make sure we don't lose another one of our legends because we didn't understand their importance to ISU.

On the contrary, I think he realized exactly what wrestling's importance was. It's a matter of returns. With wrestling, the returns are miniscule. Penn State is the tip top of the wrestling mountain, and guess what? It doesn't mean much to anyone who isn't already a wrestling fan.

 

[CYKOFAN]

Track and Cross Country have a history here as well - and a future.

9 team national championships and 71 team conference championships.

You might be the only person that knows that. I admit I like wrestling and it's not huge nationally, though it's huge in Iowa. But who besides the parents go to or watches cross country meets?

 

[mattyice]

On the contrary, I think he realized exactly what wrestling's importance was. It's a matter of returns. With wrestling, the returns are miniscule. Penn State is the tip top of the wrestling mountain, and guess what? It doesn't mean much to anyone who isn't already a wrestling fan.

This is an excellent post. That actually changed my whole mind on that subject.

Ive been saying we need to back up the Brinks truck and pay Hoiberg so we dont have another Cael leaving.....but youre right....nobody outside of wrestling and that community give a rip.

 

[Mr Janny]

This is an excellent post. That actually changed my whole mind on that subject.

Ive been saying we need to back up the Brinks truck and pay Hoiberg so we dont have another Cael leaving.....but youre right....nobody outside of wrestling and that community give a rip.

You've got me wrong. I'm 100% in favor of a giant raise for Hoiberg, on the basis that his sport actually has a significant impact on the exposure and image of the university to the country at large. It's worth it to pay him. Paying Cael? Not worth it.

 

[CYKOFAN]

On the contrary, I think he realized exactly what wrestling's importance was. It's a matter of returns. With wrestling, the returns are miniscule. Penn State is the tip top of the wrestling mountain, and guess what? It doesn't mean much to anyone who isn't already a wrestling fan.

What are the returns from track, cross country, swimming, etc. And Penn State is at the top of the wrestling mountain for one reason and one reason only, our Cael.

 

[Mr Janny]

What are the returns from track, cross country, swimming, etc. And Penn State is at the top of the wrestling mountain for one reason and one reason only, our Cael.

And what does that get them? A brief mention on ESPN and a few people saying "Cael who? I think I remember him." That's if they're saying anything at all. What an awesome return on their investment. College Sports are about money and exposure. That's the reality. As has been said, Cael and Wrestling is a poor comparison to make when discussing Fred and basketball. Two entirely different animals. One matters. The other doesn't.

 

[jsb]

Look, he had another non-denial denial today regarding the Timberwolves job. I worry about the NBA mainly because I have to worry about something and there is pretty much nothing else to worry about when you manage to advance to the Sweet 16 without one of your most important players. I am hopeful that he doesn't leave this year because of the family situation (i.e. my personal worry level is at a 7 out of 10---practically nothing!), but once the oldest son graduates and the twins are high school age, I will really worry.

But Pollard needs to be worried because if he does ever leave, Pollard is going to want to show people he did absolutely everything to try and keep him.