Hoke to make $2 million per year
http://detnews.com/article/20110330/SPORTS0201/103300395/Hoke-to-make-$…
After both major parties involved — Michigan athletic director Dave Brandon and new football coach Brady Hoke — insisted finalizing Hoke's contract was not a priority, they have reached an agreement. Hoke on Monday signed a six-year contract worth $2 million the first year, according to Brandon. The base salary is $300,000, with $1.7 million in additional compensation. The contract, which goes through December 2016, will be publicly released this morning.
Hoke will get a $100,000 increase in salary each year through the six years of the contract. There's a stay bonus of $1.5 million after coaching three seasons, and another $1.5 million after the sixth.
Also in the article is this new video of spring practice:
That certainly would have saved UM some money when RR was fired...
Or they might just be, you know, getting market value for their services like anyone in the world tries to do. The fact is that college coaches are worth a lot of money because they take care of a product worth a lot of money; if you don't like that, you can not consume their product until compensation is at whatever you define as a reasonable level.
By the way, I have some reservations about Hoke too, but do you honestly think it's funny calling him cowhoke? It's not even clever; I'd put it as a step below "Dickrod", because even that was a pun on a name. Yours is just putting "cow" in front of a persons name.
Just stop calling him Cowhoke please. It's really immature and makes you sound like you are in middle school.
March 30th, 2011 at 10:40 AM ^
Can we please put an end to this "DickRod"/"Cowhoke" garbage?
It does not reflect well on this website or Michigan fans in general.
It's uncalled for and unwelcome.
March 30th, 2011 at 11:00 AM ^
Just to be clear, since I was the only one who used "DickRod" on the thread, I think the same way you do.
I was making a comparison between two stupid names, I would never use either one. I like to think I'm a little smarter and more mature than people like that.
March 30th, 2011 at 11:08 AM ^
It wasn't directed at you. I understood the comparision you were making.
It was a general statement about how those derogatory remarks reflect on the board and the fans.
March 30th, 2011 at 11:12 AM ^
I can't even read the ESPN boards unless I'm in a good mood looking for a laugh.
MGoBlog is way better than "cowhoke" or "dickrod". Although in this case cowhoke seems to be an isolated poster trolling for responses, so at least that's good news.
March 30th, 2011 at 11:43 AM ^
"Cowhoke" is new to me. It's certainly a bit more creative than "DickFraud" and the like, but it doesn't really make sense when you compare agriculture in Michigan to, say, Wisconsin or Ohio agriculture.
March 30th, 2011 at 11:48 AM ^
Just an isolated idiot. I honestly don't even think it's creative. If I started calling you BlueGecko and thought I was clever for it, me and cowhoke guy would be about equal in intelligence.
The one thing I do hate is how many responses (obviously including multiple from me) he got just from his stupid trolling. Almost annoying how that can work sometimes.
March 30th, 2011 at 11:51 AM ^
I would probably laugh if you called me BlueGecko. I wouldn't get too worried about the haters. Think of them as adding to the prestige of our board when we shut them down with calm, well-reasoned arguments and patience.
March 30th, 2011 at 12:01 PM ^
Telling people to get off your lawn isn't exactly calm or well-reasoned, BlueGecko. It also shows a decided lack of patience.
March 30th, 2011 at 12:05 PM ^
I used to put trolls' heads on stakes on my lawn as a warning to other would-be trolls, but the architectural review board and the health department didn't see me eye-to-eye on that one. So I just give people a fair warning and let them make their own stupid decisions.
March 30th, 2011 at 12:16 PM ^
So that's why we're not blessed with MfaninOH posts any more? Or teammort1? I think you deserve a points bump if you got them and TheBrainCook off the streets.
Shut up BlueGecko. You are a bad poster and I want to see you replaced by .... ah? the mgoboard equal of Urban Meyer?
Am I doing this right?
Leave BlueDragon alone !! You two should just hug it out !! -jgb
It's OK to say yes.
How often do you use that line in the Columbus bars?
Judging by Buckeye Nation's head-in-the-sand reaction to Tatgate, not nearly enough.
You should say it more often. I bet you could get a lot of buckeye cuties (oxymoron?*) by telling them that it is, in fact, okay to say yes.
*Just kidding, people who are still dating/married to one.
I'm not a mod, but I do try to show up when people are insulting each other and tell everyone to 'hug it out'.
I guess I missed the /s. Are you serious? The guy hasn't even coached a game yet. Glad you are positive thinking.
March 30th, 2011 at 10:00 AM ^
St Barth, not too smrt.
March 30th, 2011 at 10:11 AM ^
Funny (read: stupid) nicknames were an instant -10000 negbang around here, and continual trolling meant you got banned?
March 30th, 2011 at 10:39 AM ^
Stupid, juvenile nicknames
Most relevant to Michigan fans is the infamous "scUM," but this idiocy affects many fan bases. Any "State" school is liable to find a dollar sign replacing the S in their abbreviation. In a rush to damn the NCAA people will completely disregard the fact that "NCAA" doesn't have any S's in it and go ahead and make the same swap anyway. Penn State gets called "State Penn" whenever a player gets drunk and frisky. Morons spell out "University of Spoiled Children" over and over again to display their disdain for USC.
EXAMPLE
"scUM and the University of Spoiled Children are playing in the Ro$e Bowl because the NC$$ needs the money."
DIAGNOSIS
This person is a moron who is under the erroneous impression that he is being funny, like that one uncle who tells the same joke every Thanksgiving for 30 years. This affliction is always, always a sign that you can safely ignore anything the person says, as they are either twelve or have Down's Syndrome.
CURE
Insert bullet travelling at extremely high velocity into skull.
SUSCEPTIBLE FANBASES
Most common with universities best described as "technically not high school" or fanbases in areas where there is no pro alternative. Obviously, then, this is an absolute plague amongst OSU fans, and is rampant at MSU as well.
EXCEPTIONS
"tOSU" is permissible to use in a slightly disdainful fashion since OSU fans tend to use it themselves.
March 30th, 2011 at 10:34 AM ^
Please.
By your reasoning, should Rich Rod's contract have been the same way? Should he have had to pay the University the money back for every loss under .500? This is BS.
March 30th, 2011 at 10:04 AM ^
"This is no different than a big-time banker compensation package at a bailout bank."
No RR getting money after going 3-9 is "no different than a big-time banker compensation package at a bailout bank"
He had a contact, he fucked up, lost games, ran a program in the ground and still got paid.
March 30th, 2011 at 10:08 AM ^
Just about every coach's contract looks like this. RR's was $350k base salary IIRC. LC was in the $300k range too.
During the CC, you and I had some great yet respectful arguments. Here comes another.
How can you say that Hoke is overpaid. If our last coach was worth $2.5 million per season, and averaged 5 wins per year, then Hoke has to only average 4 wins in order to average the same pay per win.
Let's go a step further. The Michigan job post-RR is not quite as desirable as many believe. Sure, we are a top university, traditionally, but the new coach has a ton of work ahead of him. Whomever was hired was going to inherit a hot mess on defense, both in terms of talent level as compared to prior teams and prior coaching. One could argue that this calls for a premium.
I would also argue that for his $2 million, so far, Hoke has done a great job with the limited things that he has been asked to to. He did a great job filling out a recruiting class in a short amount of time. He has done a great job of uniting the fanbase. He has done an exemplary job of keeping the current players, including our star QB whom many counted as out the door if a non-spread coach came in. Contrast this with the first few months of RR's tenure, and in my mind the $2 million for Hoke is a steal if RR was worth $2.5 million.
So far, all that we have to judge Ho
I think you're reading too much into this. When we got RR, we had to pay a lot; he was a top level candidate who was looking to leave his alma mater- a pure free agent with multiple top offers. With Hoke, he's not as well known, and what was known is that he would immediately jump at the chance to coach at Michigan. Obviously, you don't need to pay as much for option two.
The coaches salaries aren't based off of anything but an expectation to win, and market value. RR wasn't paid to win five games per year, that is why he's no longer the coach (like it should be me telling you this), nor is Hoke paid to do the same. In each case, the AD pays as little as possible to acquire and retain the talent, Hoke costs less than RR did in that regard.
I understand all that you say, but I think we are arguing different points: My main contention is that the public's expectation was not met (or at least not this member of the public's expectations) with respect to the rhetoric about how money didn't matter and the assumption that led from those statements about Hoke being paid significantly less than Rodriguez. Maybe Hoke is worth the money, maybe not. That is not an argument I am taking up here. I am merely arguing that I, for one, believed we would be saving $$$ in hiring Hoke only to find that we are paying him big-time money without him having a big-time resume.
Rodriguez, for all of his subsequent failures, had a big-time resume and earned the money he got (at least coming in to Ann Arbor). What happened after that entrance is water under the bridge and I'm not discussing his compensation after the first year - he was obviously overpaid if you look at the win-loss record. No doubt. But I see nothing from Hoke's resume or track record thus far that evidences he has earned this $2MM compensation package. That said, others have intelligently argued above that Michigan had to pay a hefty sum if only because of public perception and validation of Hoke being important enough to garner this big package. In other words, regardless of the coach, the money was going to be there if only because the program must pay that money to maintain its public perception of greatness. Very interesting point, I think.
I was very much against it in the throes of the search. But we don't have to worry about him leaving, ever. And that's outstanding.
Even if Harbaugh had been hired after OSU, it seems fairly certain that he may have regretted it - he wanted to test himself in the pros. Today we'd be worrying about NFL buy-out clauses, and it would be used against us in recruiting. Now, fuhgeddaboudit.
So far Hoke has done everything right. He's said the right things and done the right things. If he can win on the field I think he will make a quick believer out of everyone. I don't think anyone can look at what is happening in the program right now and all of the positive stuff surrounding it and say that hiring Hoke was the wrong choice.
Depending on how hard those incentives are to reach (Vernon Gohlston style?), looks like he pretty much did take the job 1st and started walking to A2 before Brandon even had a chance to send the plane.
I feel like 300k base is just a little too low for a HC but alas after 6 straight B1G/BCS championships his new contract will just be full of number 1's.
RR's first year base compensation was 300K with 1.6 million in additional compensation. Then it looks like he got a 300K raise each year. So Hoke's contract is pretty inline except it only escalates by 100K
http://blog.mlive.com/wolverinesfootball_impact/2008/10/102408-rodrigue…
Ill bet the same people saying this is WAY too much money are the same ones who think it is CRAZY for Matt Painter to leave for Mizzou to double his salary and make 2mil a year.
Also RR's base was around 250,00 or so. The 2 mil is the real number without winning anything.
Now that, that's been settled...
Now that, that's been settled...
I thought I best post twice so that everyone would know it was settled...
Eff, Sprint and their 4G
March 30th, 2011 at 10:01 AM ^
take into account the fact it is comparable to RR contract, U of M has a history of underpaying that it kinda wants to do away with without throwing stupid amounts of money around, I think this would put him 3rd in the big 10 behind osu and iowa, this seems to be just about right.
March 30th, 2011 at 10:03 AM ^
He's fourth now that Nebraska and Pelini are in the B1G.
March 30th, 2011 at 10:10 AM ^
does he get to sell his eventual Big Ten Championship rings for tats?
That's where the real money is. I'd want that in my contract -solid.
March 30th, 2011 at 10:19 AM ^
It's all about the money with this Hoke kid. I'm scared he's gonna drop us for the next $3 mil suitor that comes along.
(No, not really.)
March 30th, 2011 at 11:33 AM ^
Hoke may not have a great record going in, but as the Head Football Coach at the University of Michigan, he deserves to be compensated well. I think the school with the highest attendance in college football should pay their coach as highly as anyone in the country. The "Michigan discount" should be a thing of the past.
Michigan's coach should have a salary in the top five in the country if they want to be a top five program.
http://download.gannett.edgesuite.net/detnews/2011/pdf/0330hoke.pdf
What I don't see in the contract is the amount Hoke with pay if he voluntarily breaks the contract. Also, no extra money for a BCS game or National Championship.
Jokes about him never leaving on his own may commence.