I started wondering how the latest turns of the coaching carousel had effected salaries. While State is not shopping for a new coach this year (Thank God!), these new salaries will eventually impact State. How soon the impact hits will depend on average coaching salaries and the level of success State sees on the field/court.
For example, SIU raised Chris Lowery’s salary from $255k to $750k. In Wisconsion, they are wondering how much Bo Ryanâ€™s success and the going rate for successful coaches is going to cost them. Here is their rundown on the top Big 10 coaching salaries:
– Tubby Smith: $1.75M at Minn
– John Beilen: $1.3M at Michigan
– Todd Lickliter: $1.2M at Iowa
– Thad Matta $1.75M at OSU
– Tom Izzo: $1.736M at Mich State
– Kelvin Sampson: $1.5M at Indiana
IIUC, these are the guaranteed figures and you can be sure most include incentives beyond this.
I was going to try and create some type of list of coaching moves and their new salaries from the various on-line article, but found a pretty neat little table from Louisville with the various moves through last Sunday. (Isn’t it nice when you find out that someone else has already invented the wheel that you were going to construct from scratch?)
Here are a few more new salaries that I found:
It would be about as silly to complain about salaries going up in a multi-billion dollar industry as it would to complain about the sun rising in the east. No, my point was simply to document what coaches around the country are getting….and remind everyone of how coaches are paid in general and specifically at NC State.
Everyone knows that a coaching contract is really only valid for two things: next year’s salary and the buyout terms. I hope that State is not in the market for a new revenue coach anytime soon….but it’s always good to keep an eye on the market value of something that you will need eventually.