Bay Area Owl
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RE: Bloomgren's contract, resources
Mike Bloomgren will probably be buying his first house now. From the presser, he indicated he wasn't paid well by the Jets, and even if Stanford paid him well as OC, it wouldn't go far at all in the Palo Alto housing market. I saw somewhere that his family lived 0.4 miles from the practice fields at Stanford, which strongly suggests his family was living in a house owned by Stanford. Stanford owns quite a lot of housing reserved for faculty and grad students, because the housing costs are so extreme in Palo Alto.
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12-08-2017 03:14 AM |
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temchugh
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RE: Bloomgren's contract, resources
(12-07-2017 01:18 PM)illiniowl Wrote: 5 years is the market standard, and really the market minimum, for a new coach hire, whether it's his first head gig or not. You can't effectively recruit HS upperclassmen -- not to mention HS FR & SO, where plenty of recruiting starts now -- without at least a 5-year deal. At the wealthy P5s, I think we are now seeing 6 or 7 years as the new standard for initial contract length.
How is it that high school kids are smart enough to look up the length of a contract but not smart enough to know that a coach never leaves a school after the final contract year (i.e., the coach is fired before then, leaves early for another job, or gets an extension).
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12-08-2017 07:19 AM |
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tanqtonic
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RE: Bloomgren's contract, resources
(12-08-2017 07:19 AM)temchugh Wrote: (12-07-2017 01:18 PM)illiniowl Wrote: 5 years is the market standard, and really the market minimum, for a new coach hire, whether it's his first head gig or not. You can't effectively recruit HS upperclassmen -- not to mention HS FR & SO, where plenty of recruiting starts now -- without at least a 5-year deal. At the wealthy P5s, I think we are now seeing 6 or 7 years as the new standard for initial contract length.
How is it that high school kids are smart enough to look up the length of a contract but not smart enough to know that a coach never leaves a school after the final contract year (i.e., the coach is fired before then, leaves early for another job, or gets an extension).
Not many 18 year olds are 'nuance-smart'.
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12-08-2017 09:34 AM |
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ChicagoOwl (BS '07)
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RE: Bloomgren's contract, resources
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12-08-2017 03:37 PM |
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Bay Area Owl
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RE: Bloomgren's contract, resources
(12-08-2017 03:37 PM)ChicagoOwl (BS 07) Wrote: Some food for thought: a number of PAC-12 coordinators make north of $800,000.
http://sports.usatoday.com/ncaa/salaries.../assistant
Have to think Bloomgren got *at least* Bailiff's old salary + substantial performance incentives
Following this source, Stanford's David Shaw makes almost $5.7M a year, more than Tom Herman at UT. I knew David Shaw was paid well, but I didn't think it was anywhere near that level. I wonder if this figure includes many perks such as a University-provided house, etc. P5 coaching salaries have only gotten crazier, especially in the PAC-12. Jim Harbaugh was only getting $500k a year for his first few years at Stanford, so Stanford has only recently opened their wallet wide.
I would hope Rice's contract with Bloomgren is structured with incentives, and I suspect Bloomgren demanded more money to attract the assistants he wants. Reading between the lines, Bloomgren is being very strategic with his first head coaching job. He knows it's very important to do well at your first head coaching job, and the fit needs to be right with the right supporting staff. Do well at your first head coaching job, more opportunities will come. He must know that the Rice program isn't currently in the big money, but it is one of best G5 coaching jobs: great local recruiting, high-profile metro location, desirable student-athletes to coach, and a university that can cough up more dough if the program experiences real success.
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12-08-2017 05:00 PM |
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