Dumb Question - Beilein contract
I know in football there are quite a bit of bonuses paid out for accomplishments. I tried to find Beilein's contract to see what he has coming for a F4 appearance, potential NC appearance and potential NC. I've seen reference that he's paid 3 mil a year, but is that base or does that include vonus? This isn't for reference of his worthiness, but more inquisitiveness.
He will probably get an extra 500k to 1 million this year. Big ten tourney champs and final four both will pay out a bonus to him.
$25,000: Big Ten tournament title
$25,000: NCAA tournament bid
$25,000: First-round win
$25,000: Second-round win
$25,000: Sweet 16 win
$25,000: Elite 8 win
$25,000: National semifinal win
$25,000: Win NCAA title
https://www.usatoday.com/story/sports/ncaab/2018/03/22/big-bonus-bucks-…
http://www.mlive.com/wolverines/index.ssf/2018/03/john_beilein_collects…
That’s a terrible structure.
He is the 3rd highest paid coach in B1G, and that is before the bonuses kick in. He is 12th nationally.
March 26th, 2018 at 10:01 AM ^
I don't think anyone is saying he's overpaid or underpaid. More that that structure where a round of 64 pays the same as a national championship is just strange.
March 26th, 2018 at 10:23 AM ^
Looks strange at first, but it's probably better for the coach. It's a lot easier for a coach to get a bid, win a game or two, vs. running the table and winning it all. Therefore, a coach (not trying to make this personal to Beilein) would prefer to have flat bonus for each round or even more heavily weighted toward early rounds. This is one case though where I'm sure money is not the driving incentive, for any coach at this level, for any given season. They just want to win.
As for Beilein: pay the man! He's earned it all!
March 26th, 2018 at 10:00 AM ^
I agree. weird that a National Championship game caries the same payout as a round of 64 win. I doubt JB cares about the money. He doesn't seem like that kind of person, but whoever wrote that contract didn't seem to think JB would make it as far as he has. I wonder what power Ward has to grant above and beyond bonuses.
March 26th, 2018 at 10:55 AM ^
I think it's pretty brilliant. Instead of paying him $100,000 for making the final four and $150,000 for winning the title, they just give him $25,000 per win. Yea sure, the National Championship payout is technically slightly less, but i think you'd be hard pressed to find another coach that makes $25,000 for beating Montana in the first round.
March 26th, 2018 at 12:50 PM ^
It's really not. B1G Tournament Title leads to an automatic NCAA Tournament bid. So that's actually $50,000 for winning the B1G Tournament. Additionally, if you think of it as $200K bonus for winning the National Title, which would you prefer as a coach? A one-time bonus at the end or bonus increments per win? In the end, if he wins it all, he gets the $200K, but if he doesn't advance as far, he still is rewarded.
Beilein's bonus payouts kick in sooner than Bill Self's. Self only gets $150K bonus if Kansas get to the Final Four. Beilein gets $25K for a NCAA bid and $25K for each win in the tournament. Self comes out ahead after reaching the Final Four but he risks getting nothing if he comes up short.
Kansas’ Bill Self
Has ...
$50,000: Big 12 regular season title
$25,000: Big 12 tournament title
Can get …
$150,000: Final Four appearance
$200,000: Win NCAA title
Earned him $25,000 on that shot. and obviously the chance to earn another $100,000. I'm guessing he doesn't care, but what a costly shot to make miss for a coach.
The Beilein family will be missing any meals.
for all the sub ingredients! It'll be crazy!!
March 26th, 2018 at 10:55 AM ^
...and so begins a subthread on which deli's ingredients are in fact crazier, what methods should be used to determine the overall craziness of the ingredients, and how those in various camps intend to report the results of their study.
There, I just saved this board about 50-70 posts.
Give the man a raise!
just dumb people asking questions.
/s. sorry, couldn't help myself.
March 26th, 2018 at 10:57 AM ^
He's worth every penny
and more...