Loading …Calipari, Izzo are top-paid men’s hoops coaches
By Tom Van Riper, Forbes.com
Mar 4, 5:33 pm EST
tweet13EmailPrintJohn Calipari’s job isn’t easy. As head basketball coach at the University of Kentucky, he’s on the go constantly – glad-handing sponsors, mingling with alumni and dealing with the press. There’s also the grueling offseason recruiting circuit, all in addition to 30 or so games and countless practices during the year.
The upside: For his efforts, Calipari, who owns a .768 winning percentage and 11 NCAA tournament appearances at three schools, pulls in a cool $4 million a year, making him college basketball’s highest-paid coach. And that doesn’t include perks like a country club membership or that $3 million retention bonus waiting for him in 2016 if he’s still on the Kentucky sideline by the end of that season.
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In Pictures: The highest-paid college basketball coaches
At least 32 Division I basketball coaches earn more than a million dollars annually, according to USA Today, and that number can go higher as potential bonuses kick in. Following Calipari on the elite pay list: Michigan State’s Tom Izzo ($3.4 million a year), Florida’s Billy Donovan ($3.3 million) and Kansas’ Bill Self ($3 million).
Do they deserve it? It’s really all in how you look at it. A major basketball school will typically generate anywhere from $15 million to $40 million a year for its university. Handing over 5 percent to 10 percent of that to the guy running the program seems reasonable enough, until you consider that no other business pays a CEO so generously. Apple doesn’t pay Steve Jobs over a billion dollars a year. NBA coaches don’t take such big chunks of their teams’ cash flows either: The league’s highest-paid coach, Phil Jackson, rakes in less than 2 percent of the Los Angeles Lakers’ $600 million in annual revenue. And he works more than twice as many games as a college coach does.
Then again, maybe they simply “deserve” what the market bears. The market for top-notch college basketball coaches is hyper-competitive. Not only do big-time schools have to compete with the NBA, where Calipari and Rick Pitino (No. 5) have coached and where Izzo, Donovan and Duke’s Mike Krzyzewski (No. 6) have been wooed. But each offseason yields a very limited market of available coaches, driving up costs. Calipari had been doing quite well for himself at the University of Memphis, running a perennial power and making more than $2 million a year. To lure him away, Kentucky officials had little choice but to sweeten the pot.
Another price driver: There are only a handful of college jobs – Kentucky, North Carolina, Duke and a few others – viewed by the coaching fraternity as final destinations. With some notable exceptions – like the relatively underpaid Jim Calhoun of Connecticut ($1.6 million a year) and Jim Boeheim of Syracuse ($1.3 million) – coaches will jump from most jobs for the right price. “Schools will do what they can to entice their coaches to stay,” says Patrick Rishe, a professor of sports management at Webster University in St. Louis.
Unlike their pro counterparts, college coaches “are the stewards for these large cash cow programs,” says Rishe. Indeed, for long-term branding purposes, the face of a college basketball team is its coach. Not so in the pro ranks – as accomplished as Phil Jackson may be, Kobe Bryant is the face of the Lakers.
Those coaches getting top dollar have certainly earned their places among college basketball’s elite. Cumulatively the 10 highest-paid coaches have won 73.5 percent of their games and made 139 appearances in the NCAA tournament. Each of those appearances yields an average of $450,000 in additional alumni giving, according to Mark Yost, author of the book “Varsity Green,” which chronicles the business side of college sports. The group also has 11 national championships to its credit, led by Krzyzewski’s four. Seven figures for a basketball coach? Call it the cost of doing business.
The top five:
1. John Calipari, University of Kentucky: Slideshow
2. Tom Izzo, Michigan State University: Slideshow
3. Billy Donovan, University of Florida: Slideshow
4. Bill Self, University of Kansas: Slideshow
5. Thad Matta, Ohio State University: Slideshow
• See more coaches
In Pictures: The highest-paid college basketball coaches
Both conference tournaments could provide some intrigue early in March, according to Greg Anthony and Jason King.
www.skegley.blogspot.com The Blog of Sam Kegley. Many of my posts to this site are forwarded from trusted friends or family which I acknowledge by their first Name and last initial. I do not intend to release their contact info.
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We want to be a kinder and gentler people without slavery or condescension to any.
The world seems to be in a time of discontent among the populace. Christians should not fear. God is Love, shown best through Jesus Christ. God is still in control. All Glory to our Creator and to our God!
A favorite quote from my good friend, Jack Plymale, which I appreciate:
"Wars are planned by old men,in council rooms apart. They plan for greater armament, they map the battle chart, but: where sightless eyes stare out, beyond life's vanished joys, I've noticed,somehow, all the dead and mamed are hardly more than boys(Grantland Rice per our mutual friend, Sarah Rapp)."
Thanks Jack!
I must admit that I do not check authenticity of my posts. If anyone can tell me of a non-biased arbitrator, I will attempt to do so more regularly. I know of no such arbitrator for the internet.
For Christian American readers of this blog:
I wish to incite all Christians to rise up and take back the United States of America with all of God's manifold blessings. We want the free allowance of the Bible and prayers allowed again in schools, halls of justice, and all governing bodies. We don't seek a theocracy until Jesus returns to earth because all men are weak and power corrupts the very best of them.
We want to be a kinder and gentler people without slavery or condescension to any.
The world seems to be in a time of discontent among the populace. Christians should not fear. God is Love, shown best through Jesus Christ. God is still in control. All Glory to our Creator and to our God!
A favorite quote from my good friend, Jack Plymale, which I appreciate:
"Wars are planned by old men,in council rooms apart. They plan for greater armament, they map the battle chart, but: where sightless eyes stare out, beyond life's vanished joys, I've noticed,somehow, all the dead and mamed are hardly more than boys(Grantland Rice per our mutual friend, Sarah Rapp)."
Thanks Jack!
I must admit that I do not check authenticity of my posts. If anyone can tell me of a non-biased arbitrator, I will attempt to do so more regularly. I know of no such arbitrator for the internet.
Sunday, March 6, 2011
Tipton- our inside squealer- on Cal's SEC comment
This is probably another bait for UK fans ire from Jerry, the master-baiter!
UK fans nearly universally ignore him, but the Lexington Herald Leader apparently enjoys him. I received this through Aaron's UK Wildcat blogs, not through the Herald Leader which I seldom go to anymore for UK news.
SamKat
Jerry Tipton on UK basketball
Courtside with the Kentucky Wildcats
Cal downplays importance of first-round bye in SEC
March 4th, 2011
After Kentucky beat Vanderbilt on Tuesday, forward Terrence Jones said he put a priority on gaining the No. 2 seed in next week’s SEC Tournament. Teams with the Nos. 1 and 2 seeds in each division get a first-round bye.
Jones suggested a non-bye team having to win four games in four days might be too much to ask of a Kentucky team with essentially a six-man rotation.
UK Coach John Calipari downplayed the necessity of a bye or its motivational properties.
“My whole thing is the seed,” he said Friday, meaning seed in the NCAA
#1 SamKat on 03.06.11 at 8:54 am
I love Coach Cal, but I wonder if he truly gets IT when he intimates that the SEC tournament doesn’t matter. In my late seventies , and with God only knows how much time I and my wife have to enjoy the Wildcats, he might ruin our vacation in Catlanta. Cat fans travel well, but we travel expecting wins! Many of our friends gather for the SEC tourneys. Cal is such an excellent fit, but he must humor us crazy fans just this one more step.
Please, Cal!
About Jerry
Jerry Tipton of the Lexington Herald- Leader has covered Kentucky basketball since the 1981-82 season. That time includes five coaches, five Final Fours, four athletic directors, two interim athletic directors and many memories. Before coming to Lexington, Tipton worked eight years for the Huntington (W.Va.) Herald-Dispatch. He covered Marshall’s basketball team for two seasons before coming to the Herald-Leader.
Jerry Tipton on UK basketball
UK basketball news
Fan's take: Armchair Quarterback
© Jerry Tipton on UK basketball — Copyblogger theme design by Chris Pearson. WPMU Theme pack by WPMU-DEV.
UK fans nearly universally ignore him, but the Lexington Herald Leader apparently enjoys him. I received this through Aaron's UK Wildcat blogs, not through the Herald Leader which I seldom go to anymore for UK news.
SamKat
Jerry Tipton on UK basketball
Courtside with the Kentucky Wildcats
Cal downplays importance of first-round bye in SEC
March 4th, 2011
After Kentucky beat Vanderbilt on Tuesday, forward Terrence Jones said he put a priority on gaining the No. 2 seed in next week’s SEC Tournament. Teams with the Nos. 1 and 2 seeds in each division get a first-round bye.
Jones suggested a non-bye team having to win four games in four days might be too much to ask of a Kentucky team with essentially a six-man rotation.
UK Coach John Calipari downplayed the necessity of a bye or its motivational properties.
“My whole thing is the seed,” he said Friday, meaning seed in the NCAA
#1 SamKat on 03.06.11 at 8:54 am
I love Coach Cal, but I wonder if he truly gets IT when he intimates that the SEC tournament doesn’t matter. In my late seventies , and with God only knows how much time I and my wife have to enjoy the Wildcats, he might ruin our vacation in Catlanta. Cat fans travel well, but we travel expecting wins! Many of our friends gather for the SEC tourneys. Cal is such an excellent fit, but he must humor us crazy fans just this one more step.
Please, Cal!
About Jerry
Jerry Tipton of the Lexington Herald- Leader has covered Kentucky basketball since the 1981-82 season. That time includes five coaches, five Final Fours, four athletic directors, two interim athletic directors and many memories. Before coming to Lexington, Tipton worked eight years for the Huntington (W.Va.) Herald-Dispatch. He covered Marshall’s basketball team for two seasons before coming to the Herald-Leader.
Jerry Tipton on UK basketball
UK basketball news
Fan's take: Armchair Quarterback
© Jerry Tipton on UK basketball — Copyblogger theme design by Chris Pearson. WPMU Theme pack by WPMU-DEV.
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