* Hoiberg Watch 2015: Wednesday, May 27 Thread

[cycloneworld]

With bonuses earned Fred can make close to $2.9 million now. And he gets automatic raises. When you talk about an additional $10 million spread over 4-5 years then you are most definitely talking about $5 million per year.

Because Fred is already earning more than $10 million spread over 4 to 5 years. When you talk about money close to $5 million per year you are in the area of coaches pay who have at least won one or more National Championships. And coaches who have great longevity in coaching.

What the hell is going on here...

Apparently everyone but you realized we were taking 4-5 years at $10 million TOTAL. I assume we will pay a new coach in the low $2 mil range (unless we hire an unknown like TJ and then it will be much less).

 

[CyRann22]

Seems to be convenient timing that Fred's scheduled to be back in the office on Friday and that Thibodeau's situation is rumored to be ending Thursday/Friday.

 

[HornacekFan1414]

What the hell is going on here...

Apparently everyone but you realized we were taking 4-5 years at $10 million TOTAL. I assume we will pay a new coach in the low $2 mil range (unless we hire an unknown like TJ and then it will be much less).

If we go after Hornacek, you have to think it is more like 5 years, 14-15 million or so, which you think he would entertain as he has one guaranteed year left with Phoenix at 2 million, and likely would not get another immediate NBA HC gig if let go (and that roster is not ready to compete in the west)...

 

[mjhavlo76]

Bingo!!! Any other indicators T.J. has publicly made reference to are just smoke screens. He wants that HC job eventually...

1) To those aksing Fred to tell us what he's doing, he can't. The Bulls job isn't open yet. The fact that he hasn't come out and said he's happy where he's at, etc... should be very telling. He gone.
2) Somebody remind me why Otz left and why he came back? I highly doubt Fred would hire him back, have his family move half way across the country if Fred knew he was likely leaving. My assumption is Otz was brought back with a promise of something other than an assistant's job.

 

[Stormin]

The original post was about what it would take Hornacek to come to Ames. Would Jeff come to Ames for $10 Million? Assuming 5 year contract, that's $2MM/year.

Nothing to do with Fred. I think you got mixed up.

Hornacek will not come for $2 million per year. Not sure he is even interested in a college job.

 

[clone52]

This is getting overblown. Every organization is going to do what they think is best for them. Period.

Even the Bulls fans know it is time to move on from Thibodeau and if they can save some cash by trading him or whatever, they are going to do it. They do not care about Iowa State or our feelings...it is just the reality of the business.

Of course they do. I don't think they should do things any differently, I just find it ironic when the article talks about them has a high character organization when what they are doing to Thibs is not high character.

 

[CyRann22]

Hornacek will not come for $2 million per year. Not sure he is even interested in a college job.

I dont think anyone has even addressed how he would just ignore the last year of his Phoenix contract...

 

[Dandy]

So the Cavs and Warriors with younger, less injury-prone rosters weren't enough to lure him away from ISU, but the Bulls are a perfect match? This is the type of "reporting" that people are getting annoyed with on the whole story. A lot of media throwing things at the wall without any support. Hoiberg may leave, but the media frenzy around it is what is really hurting ISU more than losing CFH would be.

In his defense, Hoiberg turned down the Cavs job before Lebron (the player/GM) joined the team and made all the moves to make the roster what it is today.

He obviously wouldn't have turned down the Cavs job had he known Lebron was joining. No one wanted that job before Lebron joined. That's why the ended up with David Blatt, a coach with zero NBA experience. The Cavs offered John Calipari a ten year, $80M contract and he declined it. That's how bad the Cavs were before Lebron.

I'm sure both Calipari, Hoiberg and numerous others deeply regret passing up the opportunity to coach the best player in the league. Hindsight being 20/20, of course.

 

[Dandy]

Seems to be convenient timing that Fred's scheduled to be back in the office on Friday and that Thibodeau's situation is rumored to be ending Thursday/Friday.

I was not aware of this. Can someone confirm?

 

[CyRann22]

I was not aware of this. Can someone confirm?

TJ said that on tailgate tour if im not mistaken.

 

[cstrunk]

I dont think anyone has even addressed how he would just ignore the last year of his Phoenix contract...

I'd like to hear more about this as well, since most signs point to Hoiberg leaving and I'm trying to mentally prepare myself for what comes next.

 

[cycloneworld]

Hornacek will not come for $2 million per year. Not sure he is even interested in a college job.

How do you know? That's what he makes in the NBA. I bet it wouldn't take much more if we give him a longer term commitment. One year at $2 mil, get fired, and go back to being an assistant for much less money. Or coach ISU for $10 mil with a 4-5 year contract.

We can debate whether he would take the offer but I'd guess he would at least consider it.

 

[CycloneErik]

I was not aware of this. Can someone confirm?

It came out last night. 6 weeks after the surgery, for a normally scheduled return to work after that kind of operation.

Or a conveniently timed excuse to clean out his office, depending on which version of the story a person adopts.

 

[cycloneworld]

I dont think anyone has even addressed how he would just ignore the last year of his Phoenix contract...

Just like how Fred will ignore his last 8 years on his ISU contract. Or any other coach that makes a move.

I haven't seen his Suns contract but there is most likely a buyout (most are small since NBA coaches don't move around much while under contract).

 

[Dandy]

How do you know? That's what he makes in the NBA. I bet it wouldn't take much more if we give him a longer term commitment. One year at $2 mil, get fired, and go back to being an assistant for much less money. Or coach ISU for $10 mil with a 4-5 year contract.

We can debate whether he would take the offer but I'd guess he would at least consider it.

Do you think JP would consider offering Hornacek a contract like that? ISU isn't made of money and Hornacek has zero NCAA experience.

 

[Turfman77]

Just saw this so I thought I would share....

http://espn.go.com/chicago/nba/stor...increasing-consideration-firing-tom-thibodeau

 

[cycloneworld]

Do you think JP would consider offering Hornacek a contract like that? ISU isn't made of money and Hornacek has zero NCAA experience.

If we aren't willing to pay the next coach of ISU 50% of Hoiberg's current deal, then we should just hire TJ at a little over a million per year.

Florida paid $10 mil (6 years) to La Tech's head coach who has never been to the NCAA tournament. We aren't going to get much cheaper than that for someone with head coaching experience.

 

[Dandy]

Just like how Fred will ignore his last 8 years on his ISU contract. Or any other coach that makes a move.

I haven't seen his Suns contract but there is most likely a buyout (most are small since NBA coaches don't move around much while under contract).

Maybe the $500,000 we get for Hoiberg's buyout can cover Hornacek's buyout. That would be sweet.

 

[Cyclonepride]

It came out last night. 6 weeks after the surgery, for a normally scheduled return to work after that kind of operation.

Or a conveniently timed excuse to clean out his office, depending on which version of the story a person adopts.

Pretty sure Fred carefully plotted his exact date of surgery to coincide, 6 weeks later, for a return to the office, just in time to accept the Bulls job.

 

[Dandy]

From the Phoenix Suns SB Nation page.

"Phoenix Suns contract issues include Babby and Hornacek"
http://www.brightsideofthesun.com/2015/5/26/8618955/phoenix-suns-contract-issues-babby-and-hornacek
May 26, 2015

Hornacek's contract has an option he could accept which would make him the Suns coach through 2017.

EDIT: CBS and SI articles say Hornacek's contract is a team optio for 2016-17 not coach.
http://www.cbssports.com/nba/writer...uns-closing-in-on-jeff-hornacek-as-head-coach
http://www.si.com/nba/point-forward/2013/05/26/jeff-hornacek-phoenix-suns-coach-ryan-mcdonough