TJ signs 10 year extension
- Thread starter RedlineSi
- Start date
I think Iowa State has made it known that we are pretty damn serious about men’s basketball!! $6 mill the highest salary any coach has been pad at this university.
Thats what I am afraid of right now. Not how long we have him signed up, it's how much we get if he decides to bail to a higher profile job.
What's to stop a University from paying a coach $20M/year, then have the coach turn around and give like $15M of that to funding his roster?
Who would have thought Iowa State could pay someone a top 6 salary. Great commitment from the AD and donors!
Unless it's changed, coaches were not allowed to contribute. Also, that wouldn't really help anything unless he was giving it as NIL dollars somehow.
And the schools with more money would just pay their coaches more and it would be the same thing as now.
Is the buyout amount ever included in the extension press release? I thought those typically aren't known until the local media gets their FOIA requests in.
I'd also like to note that I broke this news, not @ChrisMWilliams.
I'd like a 10% cut in all things CF related. Thank you.
I'd like a 10% cut in all things CF related. Thank you.
Regarding a buyout, its pretty moot. If TJ wants to leave, whatever school he is going to go to is going to pay it whether its a $2M buyout or a $20M buyout. Also, I'd almost guarantee that if TJ went to UNC this year, his average salary would have been at least $7M, if not $8M. So maybe Pollard could have raised the buyout and the salary, but overall its a push. Neither effort would make it more likely for TJ to stay, or would it mean Iowa State would have more money in the bank if he left.
Additionally, if TJ leaves in the next 2-3 years, it would have nothing to do with salary our buyout. It will 100% be because of something fundamentally unsolvable at Iowa State that makes it not possible for TJ to compete for championships.
Additionally, if TJ leaves in the next 2-3 years, it would have nothing to do with salary our buyout. It will 100% be because of something fundamentally unsolvable at Iowa State that makes it not possible for TJ to compete for championships.
Last edited:
I think there's some kind of NCAA NIL rule against that. Given that those rules are worth less than the paper they're written on, this would be an inefficient use of the funds. In this scenario the coach is paying like $7M in taxes (I think) that could've been kept by the AD or donors and allocated to NIL.
He isn't perfect but JP nailed the **** out of this one.
I disagree completely. No buyout amount is going to prevent a coach like TJ from leaving if he really wanted to. It'd make fans "feel"better, but the buyout value doesn't matter one iota.
Which buyout? The buyout the school has to pay the coach if they fire him early? Or the buyout the coach has to pay the school if he leaves early?
Since Otz is making double the base pay of Rogers, does that mean we are officially a basketball school?
Looking at the numbers, I guarantee UNC wasn't going to give TJ a 10 year contract. Mike Malone got $50 million over 6. Sure, TJ could make a bet on himself that an $8 million per year contract could pay off if he keeps his job at a UNC but I don't know if that's even a wise financial move if all TJ cared about was money.
