Open up the check book, Mr. Pollard

Rhoadhoused

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I don't know why so many people get hung up on the $/year figure when guaranteed money is exactly what matters, like you say.

Do you all know how many NBA teams have replaced their head coach since Fred was hired here? All but four, and only one of them (Greg Popovich) has been with their current team since before 2008. Even Pop has only ever been offered four- or five-year extensions. Only seven current coaches have received a contract extension. Only two have received more than two contract extensions.

Maybe that "sink or swim" mentality presents an appealing challenge for a competitive guy like Hoiberg, but until he says so, none of us has any reason to think otherwise.

Yep. I think if Fred leaves it will be when he is even in higher demand. Like Coach K type demand.
 

cycloner29

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Define irony. Leath, Pollard, Hoiberg and Bubu in the locker room after the NCC game. Sure hope this whole issue is over. Sorry I saw all of them on TV after the NCC game and just thought about the whole debacle. Made me go hmmm....
 

swarthmoreCY

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Ok, let's base it on what Scott Drew has done at Baylor. That's a more likely comparison.

I'm glad you aren't our AD. You probably wanted a lifetime contract and top in the Big 12 for Rhoads after his first couple of years too.

What would you have given Scott Drew? $5 mil per year for 10 years? Like it or not, he has done a much better job at Baylor so far than Fred has at Iowa State.

I love Hoiberg but let's not get carried away because we made it to one sweet 16.
This again?

You do not pay a coach based on what someone else does at another school, you pay them based on their value to your program and the what the next best coach would cost YOU. You also do not pay them based on what they have done, but what you think they will do. This is why coaches like Howland can get fired after making 3 Final Fours in the past 8 years. Of course, there is usually a strong correlation from both, but in a case like Fred and ISU, there is a huge deviation. Fred's value to the University is beyond the W-L, and his market value is extremely high due to his main suitors being the NBA.


But if you want to compare it Fred to Drew. Fred has one less NCAA trip while being at ISU 7 less years than Drew at Baylor. Even beginning Drew's clock with his first NCAA tournament, Fred has reached the tournament 3 out of 4, while Drew is 4 out of 7. Drew's average Big 12 wins per year is also less than Fred's. Drew has not even had back-to-back NCAA invites, compared to Fred having three in a row. Drew has only finished ahead of Fred once in 4 years, and Fred is 6-2 against Drew. Finally, Fred has 1 Big 12 title, Drew 0.

You are placing way too much weight on a tournament largely based on luck. Baylor has two Elite Eight runs without having to face one single digit seed. Guess who they lost to in 2011-12? Yep, the same team ISU lost to in the second round. 2012-13 had Babb's injury and a bad call.

Your comment on Rhoads is idiotic. Should I assume you probably had trouble getting pass the third grade due to such a weak rebuttal?
 
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im4cyclones

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Even a huge contract isn't going to deter the NBA. If they want him and he wants to go, it will happen. Izzo, Donovan, Coach K make a lot and would get snapped up almost immediately.

The point of Pollard doing it is to make sure Fred knows he is valued. And as we all learned in pre-school, actions speak louder than words. Pollard just needs to ask him what he needs to continue to complete with the blue-bloods. If Fred wants another million a year, figure it out.

Pollard isn't going to keep him here if he wants to go. But he sure as hell can make him want to go. So he needs to look like he is doing everything he can to keep Fred happy.
 

Stormin

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Even a huge contract isn't going to deter the NBA. If they want him and he wants to go, it will happen. Izzo, Donovan, Coach K make a lot and would get snapped up almost immediately.

The point of Pollard doing it is to make sure Fred knows he is valued. And as we all learned in pre-school, actions speak louder than words. Pollard just needs to ask him what he needs to continue to complete with the blue-bloods. If Fred wants another million a year, figure it out.

Pollard isn't going to keep him here if he wants to go. But he sure as hell can make him want to go. So he needs to look like he is doing everything he can to keep Fred happy.

I guess the question is would another million or more make a difference in Fred's decision? IMO, it does not. IMO, Fred knows that ISU has a smaller AD budget than many other schools. Yes, Fred wants decent compensation. Yes, Fred wants job stability and a wonderful environment to raise his children. Make $3 million or more in NYC and tell me if you would rather make around $2 million in Ames, Iowa.

Talking money is irrelevant. Pollard merely needs to talk to Fred and express appreciation for the job done and if there are some changes he would like to be made. Whether it be compensation for him, the staff, or infrastructure. Fred will let him know.
 

Cyclonepride

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As I said earlier, Fred needs to be paid fair market value as a highly successful college head coach. That certainly won't approach NBA money, but just because he loves ISU doesn't mean he should be paid less than what the market will bear. If we take care of him in that manner, I don't think he leaves for a good long time.
 

Rhoadhoused

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As I said earlier, Fred needs to be paid fair market value as a highly successful college head coach. That certainly won't approach NBA money, but just because he loves ISU doesn't mean he should be paid less than what the market will bear. If we take care of him in that manner, I don't think he leaves for a good long time.

It will approach it in guaranteed money for sure.
 

Jer

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As I said earlier, Fred needs to be paid fair market value as a highly successful college head coach. That certainly won't approach NBA money, but just because he loves ISU doesn't mean he should be paid less than what the market will bear. If we take care of him in that manner, I don't think he leaves for a good long time.

Agree. Regardless of if he loves it here or not, he should still make fair market value. His assistants could get above market value if they are deemed worthy and in the end it's simply a matter of ISU vs NBA.
 

swarthmoreCY

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As I said earlier, Fred needs to be paid fair market value as a highly successful college head coach. That certainly won't approach NBA money, but just because he loves ISU doesn't mean he should be paid less than what the market will bear. If we take care of him in that manner, I don't think he leaves for a good long time.
Depends. Highly successful college coaches get 2-3 million. From what I remember, there are at least 9 NBA coaches in that range, almost all with short deals. Most of the ones past that are proven NBA guys.
We would be willing to pay as much as we could for Fred- say $2.5-$3 million, for 10 years. Given the above, how high would the NBA go for that long before moving on to an established guy?
 

Rhoadhoused

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Depends. Highly successful college coaches get 2-3 million. From what I remember, there are at least 9 NBA coaches in that range, almost all with short deals. Most of the ones past that are proven NBA guys.
We would be willing to pay as much as we could for Fred- say $2.5-$3 million. Given the above, how high would the NBA go before moving on to an established guy?

And our contract we offer is twice as long.
 

Stormin

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As I said earlier, Fred needs to be paid fair market value as a highly successful college head coach. That certainly won't approach NBA money, but just because he loves ISU doesn't mean he should be paid less than what the market will bear. If we take care of him in that manner, I don't think he leaves for a good long time.

No one is arguing that Fred should be paid well. I guess it comes down to what satisfies Fred in terms of compensation at a Big 12 school that has the smallest Athletic Department budget. And which made a whopping $121,000 profit in 2012. Like it or not, we either need to jack up prices for basketball tickets by a bunch with no more of these $99 season tickets if we are to pay what some are suggesting we should pay Fred.
 

CycloneErik

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I am sure Jamie will sit down and talk to Fred about his wants - what can we do help you continue to build ISU? If Fred wants more money, I am sure Jamie will make that happen. If it is money for assistants, I am equally sure Jamie will make that happen.

At this point, the two worst things for Jamie are that (1) Fred leaves and (2) it doesn't appear that Jamie did all he could to keep him. Fred is bargaining from a position of power. While some are debating whether his accomplishments thus far warrant it, his popularity with the fanbase could not get much higher.


Don't underestimate us. There's a whole new generation falling in love with Fred right now, and he's doing things here that no one else ever has. Piece by piece, we're finding out that ISU basketball revolves around Fred Hoiberg, and really has for a long, long time.
 

Stormin

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Don't underestimate us. There's a whole new generation falling in love with Fred right now, and he's doing things here that no one else ever has. Piece by piece, we're finding out that ISU basketball revolves around Fred Hoiberg, and really has for a long, long time.

Agree. I also think that Fred is very appreciative of the opportunity he was given to be the Head Coach at a Big 12 school that had absolutely Zero head coaching experience. Pollard took a helluva gamble in giving Fred the HC job. An opportunity that any other school would not have given him. Fred is in the position he is in today because of ISU and Pollard. And IMO that will be a factor in whatever Fred wishes for his future.
 

cycloneworld

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This again?

You do not pay a coach based on what someone else does at another school, you pay them based on their value to your program and the what the next best coach would cost YOU. You also do not pay them based on what they have done, but what you think they will do. This is why coaches like Howland can get fired after making 3 Final Fours in the past 8 years. Of course, there is usually a strong correlation from both, but in a case like Fred and ISU, there is a huge deviation. Fred's value to the University is beyond the W-L, and his market value is extremely high due to his main suitors being the NBA.


But if you want to compare it Fred to Drew. Fred has one less NCAA trip while being at ISU 7 less years than Drew at Baylor. Even beginning Drew's clock with his first NCAA tournament, Fred has reached the tournament 3 out of 4, while Drew is 4 out of 7. Drew's average Big 12 wins per year is also less than Fred's. Drew has not even had back-to-back NCAA invites, compared to Fred having three in a row. Drew has only finished ahead of Fred once in 4 years, and Fred is 6-2 against Drew. Finally, Fred has 1 Big 12 title, Drew 0.

You are placing way too much weight on a tournament largely based on luck. Baylor has two Elite Eight runs without having to face one single digit seed. Guess who they lost two in 2011-12? Yep, the same team ISU lost to in the second round. 2012-13 had Babb's injury and a bad call.

Your comment on Rhoads is idiotic. Should I assume you probably had trouble getting pass the third grade due to such a weak rebuttal?

You're a friendly little guy, aren't you?

So I'm slow and had trouble getting past the 3rd grade because I don't share your opinion that we should open the bank vault for Fred after one sweet 16 run? I bet you are a joy to deal with in real life.

And I'm placing too much weight on the NCAA tournament? Give me a break...that's what EVERYONE is ultimately judged on. Not "average conference wins" or who finished ahead of who in the conference standings.
 

swarthmoreCY

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No one is arguing that Fred should be paid well. I guess it comes down to what satisfies Fred in terms of compensation at a Big 12 school that has the smallest Athletic Department budget. And which made a whopping $121,000 profit in 2012. Like it or not, we either need to jack up prices for basketball tickets by a bunch with no more of these $99 season tickets if we are to pay what some are suggesting we should pay Fred.
And Duke basketball reportedly lost $2 million dollars in 2008-09 while East Tennessee St made $300K that year. I think Coach K's salary was worth it to them.

Is the enjoyment Fred has brought to ISU athletics (and to the ISU community overall) the past 4 years not worth an extra $5 dollars a ticket? I suppose for some, the extra utility is not worth the $0.28 per day, but some would pay twice that increase. If not, ISU is not interested in major college athletics.
 
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swarthmoreCY

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You're a friendly little guy, aren't you?

So I'm slow and had trouble getting past the 3rd grade because I don't share your opinion that we should open the bank vault for Fred after one sweet 16 run? I bet you are a joy to deal with in real life.

And I'm placing too much weight on the NCAA tournament? Give me a break...that's what EVERYONE is ultimately judged on. Not "average conference wins" or who finished ahead of who in the conference standings.
No, it's because you used a fallacy even a 3rd grader would avoid and you lack a basic understanding of economics. Your risk reward ratio is completely unacceptable. The opinion on Hoiberg has nothing to do with Rhoads, nor are the situations equitable.

Yes, too much weight, if you think Drew has done a better job than Hoiberg.
 

coolerifyoudid

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Even a huge contract isn't going to deter the NBA. If they want him and he wants to go, it will happen. Izzo, Donovan, Coach K make a lot and would get snapped up almost immediately.

The point of Pollard doing it is to make sure Fred knows he is valued. And as we all learned in pre-school, actions speak louder than words. Pollard just needs to ask him what he needs to continue to complete with the blue-bloods. If Fred wants another million a year, figure it out.

Pollard isn't going to keep him here if he wants to go. But he sure as hell can make him want to go. So he needs to look like he is doing everything he can to keep Fred happy.

Probably the best statements in the thread. Fred was an academic all-American that majored in finance. It's pretty safe to say he's smart with money and understands the value of a contract well enough to make an educated decision for his family.

I think we need to avoid any more "Bubu incidents" first and foremost. Fred knows what the NBA life is like more than anyone on this board. I can't speculate on what's best for him, but I sure as hell don't want to see any incidents that cause his decision to be swayed away from ISU.
 

cycloneworld

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No, it's because you used a fallacy even a 3rd grader would avoid and you lack a basic understanding of economics. Your risk reward ratio is completely unacceptable. The opinion on Hoiberg has nothing to do with Rhoads, nor are the situations equitable.

Yes, too much weight, if you think Drew has done a better job than Hoiberg.

I do think Drew has done a better rebuilding job than Hoiberg, that must should be fairly obvious. It took longer but it was a 100x harder rebuild. Since you'd rather resort to name calling, I'll flat out ask the question: What do you think we should pay him?? Because I've already laid out my proposal.