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NCAA Issues Cash Payouts
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odu09 Offline
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Post: #1
NCAA Issues Cash Payouts
From USA Today: http://www.usatoday.com/story/sports/col.../99582450/

College athletics departments will receive amounts ranging from about $165,000 to more than $1.3 million from a one-time supplemental distribution of $200 million the NCAA is making to Division I schools in mid-April, according to a school-by-school distribution report compiled recently by the association.
03-24-2017 02:15 PM
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ODU804 Offline
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RE: NCAA Issues Cash Payouts
Looks like our cut will be $759K. That's the highest amount of the current C-USA schools.
03-24-2017 02:51 PM
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BigBlue23 Offline
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RE: NCAA Issues Cash Payouts
Looks like we just found the JJ buyout $$$ we have been looking for. Ha.

I kid I kid05-stirthepot
03-24-2017 03:10 PM
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ODUalum78 Offline
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RE: NCAA Issues Cash Payouts
(03-24-2017 03:10 PM)BigBlue23 Wrote:  Looks like we just found the JJ buyout $$$ we have been looking for. Ha.

I kid I kid05-stirthepot

05-nono
03-24-2017 03:39 PM
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EverRespect Offline
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RE: NCAA Issues Cash Payouts
(03-24-2017 03:10 PM)BigBlue23 Wrote:  Looks like we just found the JJ buyout $$$ we have been looking for. Ha.

I kid I kid05-stirthepot
His contract expires next year. Let it run its course and use the money to buy a real coach.

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03-24-2017 08:04 PM
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Gilesfan Offline
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RE: NCAA Issues Cash Payouts
hopefully a real coach with NCAA tourney experience
03-24-2017 08:42 PM
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ODUalum78 Offline
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RE: NCAA Issues Cash Payouts
(03-24-2017 08:42 PM)Gilesfan Wrote:  hopefully a real coach with NCAA tourney experience

I see what you did there.
03-24-2017 09:12 PM
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Monarchblue Offline
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RE: NCAA Issues Cash Payouts
(03-24-2017 08:04 PM)EverRespect Wrote:  
(03-24-2017 03:10 PM)BigBlue23 Wrote:  Looks like we just found the JJ buyout $$$ we have been looking for. Ha.

I kid I kid05-stirthepot
His contract expires next year. Let it run its course and use the money to buy a real coach.

Sent from my DROID RAZR HD using Tapatalk
Can anyone confirm this? It just seems impossible that we have a coach going into the final year of his contract. It seems even more impossible that he is going into the final year of his contract and nothing has be mentioned about it in any news articles. If it is accurate, it seems he would need a really good season next year to keep his job, because NOBODY let's a coach that they plan on keeping go into the final year of their contact.

My guess based on what i have read here is that he has three years left.

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(This post was last modified: 03-24-2017 10:12 PM by Monarchblue.)
03-24-2017 10:11 PM
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ODUalum78 Offline
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RE: NCAA Issues Cash Payouts
(03-24-2017 10:11 PM)Monarchblue Wrote:  
(03-24-2017 08:04 PM)EverRespect Wrote:  
(03-24-2017 03:10 PM)BigBlue23 Wrote:  Looks like we just found the JJ buyout $$$ we have been looking for. Ha.

I kid I kid05-stirthepot
His contract expires next year. Let it run its course and use the money to buy a real coach.

Sent from my DROID RAZR HD using Tapatalk
Can anyone confirm this? It just seems impossible that we have a coach going into the final year of his contract. It seems even more impossible that he is going into the final year of his contract and nothing has be mentioned about it in any news articles. If it is accurate, it seems he would need a really good season next year to keep his job, because NOBODY let's a coach that they plan on keeping go into the final year of their contact.

My guess based on what i have read here is that he has three years left.

Sent from my Nexus 6P using Tapatalk

Nine months after he was hired, Old Dominion basketball coach Jeff Jones and the school completed the details of a five-year, $2.5 million contract.
The contract was signed in December 2013.
It runs through April 2018 and calls for Jones to receive a base salary of $206,800, plus $233,200 from privately raised university funds and $60,000 for his weekly radio show and pregame and postgame radio appearances.

http://pilotonline.com/sports/college/jo...69127.html
(This post was last modified: 03-24-2017 10:25 PM by ODUalum78.)
03-24-2017 10:23 PM
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Justanodufan Offline
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Post: #10
RE: NCAA Issues Cash Payouts
(03-24-2017 10:23 PM)ODUalum78 Wrote:  
(03-24-2017 10:11 PM)Monarchblue Wrote:  
(03-24-2017 08:04 PM)EverRespect Wrote:  
(03-24-2017 03:10 PM)BigBlue23 Wrote:  Looks like we just found the JJ buyout $$$ we have been looking for. Ha.

I kid I kid05-stirthepot
His contract expires next year. Let it run its course and use the money to buy a real coach.

Sent from my DROID RAZR HD using Tapatalk
Can anyone confirm this? It just seems impossible that we have a coach going into the final year of his contract. It seems even more impossible that he is going into the final year of his contract and nothing has be mentioned about it in any news articles. If it is accurate, it seems he would need a really good season next year to keep his job, because NOBODY let's a coach that they plan on keeping go into the final year of their contact.

My guess based on what i have read here is that he has three years left.

Sent from my Nexus 6P using Tapatalk

Nine months after he was hired, Old Dominion basketball coach Jeff Jones and the school completed the details of a five-year, $2.5 million contract.
The contract was signed in December 2013.
It runs through April 2018 and calls for Jones to receive a base salary of $206,800, plus $233,200 from privately raised university funds and $60,000 for his weekly radio show and pregame and postgame radio appearances.

http://pilotonline.com/sports/college/jo...69127.html

Not correct.
03-25-2017 12:22 AM
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ODUalum78 Offline
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Post: #11
RE: NCAA Issues Cash Payouts
(03-25-2017 12:22 AM)Justanodufan Wrote:  
(03-24-2017 10:23 PM)ODUalum78 Wrote:  
(03-24-2017 10:11 PM)Monarchblue Wrote:  
(03-24-2017 08:04 PM)EverRespect Wrote:  
(03-24-2017 03:10 PM)BigBlue23 Wrote:  Looks like we just found the JJ buyout $$$ we have been looking for. Ha.

I kid I kid05-stirthepot
His contract expires next year. Let it run its course and use the money to buy a real coach.

Sent from my DROID RAZR HD using Tapatalk
Can anyone confirm this? It just seems impossible that we have a coach going into the final year of his contract. It seems even more impossible that he is going into the final year of his contract and nothing has be mentioned about it in any news articles. If it is accurate, it seems he would need a really good season next year to keep his job, because NOBODY let's a coach that they plan on keeping go into the final year of their contact.

My guess based on what i have read here is that he has three years left.

Sent from my Nexus 6P using Tapatalk

Nine months after he was hired, Old Dominion basketball coach Jeff Jones and the school completed the details of a five-year, $2.5 million contract.
The contract was signed in December 2013.
It runs through April 2018 and calls for Jones to receive a base salary of $206,800, plus $233,200 from privately raised university funds and $60,000 for his weekly radio show and pregame and postgame radio appearances.

http://pilotonline.com/sports/college/jo...69127.html

Not correct.

What is incorrect?
As a public University his contract is a matter of public record.

The only potential variable is augmentation from private contributions
That, however, would only affect the total compensation, not the structure of the agreement nor totals from public funds.
07-coffee3
(This post was last modified: 03-25-2017 08:58 AM by ODUalum78.)
03-25-2017 08:42 AM
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monarx Offline
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Post: #12
RE: NCAA Issues Cash Payouts
I hope we are saving the $60,000 now that he stopped doing the radio show
03-25-2017 08:49 AM
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ODUalum78 Offline
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RE: NCAA Issues Cash Payouts
(03-25-2017 08:49 AM)monarx Wrote:  I hope we are saving the $60,000 now that he stopped doing the radio show

Here is the data from 2015

Quote:Jeffrey A. Jones
Prof - Assistant Instructor
2014-15 total compensation

$448,272

Pay components

Base salary: $215,072
Education-based compensation: $233,200
Non-state salary: $233,200
Old Dominion University rank 1 of 2,369
% of Old Dominion University median 824%
Work location Norfolk
Hire date 4/4/2013
03-25-2017 08:53 AM
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FearTheLion Offline
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Post: #14
RE: NCAA Issues Cash Payouts
Meanwhile at UNC waste for mitigation is excessive as they prepare for another NCAA title. Hesitant to drop this one on the CUSA boards as ODU has paid enough for UNC's transgressions.

http://www.newsobserver.com/news/local/e...88913.html
03-28-2017 11:15 AM
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FTW ODU Offline
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RE: NCAA Issues Cash Payouts
Meanwhile VCU is getting less than half we are. 02-13-banana
03-28-2017 11:35 AM
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ODU79 Offline
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RE: NCAA Issues Cash Payouts
(03-24-2017 02:15 PM)odu09 Wrote:  From USA Today: http://www.usatoday.com/story/sports/col.../99582450/

College athletics departments will receive amounts ranging from about $165,000 to more than $1.3 million from a one-time supplemental distribution of $200 million the NCAA is making to Division I schools in mid-April, according to a school-by-school distribution report compiled recently by the association.

Geez, Madison got more than us?!?!? 01-wingedeagle
03-29-2017 02:45 PM
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Monarchist13 Offline
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RE: NCAA Issues Cash Payouts
(03-29-2017 02:45 PM)ODU79 Wrote:  
(03-24-2017 02:15 PM)odu09 Wrote:  From USA Today: http://www.usatoday.com/story/sports/col.../99582450/

College athletics departments will receive amounts ranging from about $165,000 to more than $1.3 million from a one-time supplemental distribution of $200 million the NCAA is making to Division I schools in mid-April, according to a school-by-school distribution report compiled recently by the association.

Geez, Madison got more than us?!?!? 01-wingedeagle

More scholarship athletes equals more dough.
03-29-2017 02:49 PM
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