• Welcome to BradleyFans.com! Visitors are welcome, but we encourage you to sign up and register as a member. It's free and takes only a few seconds. Just click on the link to Register at the top right of the page, and follow instructions. If you have any problems or questions, click on the link at the bottom right of the page to Contact Us.

The total cost of Coach Ford's contract $3.5 million

I

InMnBob1

New member
Crain's Ohio Business put the numbers together.

Looking at the terms of the deal, it becomes even clearer: Ford had $300,000 left on his Kent deal, and four years; Kent sports information director Alan Ashby told me Monday afternoon that his buyout is dollar-for-dollar, or $1.2 million.

Then comes a report that Oral Roberts coach Scott Sutton, who is in the mix for other jobs, turned down Bradley's offer of $600,000 a year. Whoa. So add the buyout onto a four-year deal at $600,000 per ??” former coach Jim Les earned $420,000 per year (thanks to reader Matt Halko for the tip on that figure) ??” and you're looking at Bradley paying around $3.5 million for Ford, who won two regular-season MAC championships and went 68-37 ??” but still hasn't coached in the NCAA tournament.
 
InMnBob1 said:
Crain's Ohio Business put the numbers together.

Looking at the terms of the deal, it becomes even clearer: Ford had $300,000 left on his Kent deal, and four years; Kent sports information director Alan Ashby told me Monday afternoon that his buyout is dollar-for-dollar, or $1.2 million.

Then comes a report that Oral Roberts coach Scott Sutton, who is in the mix for other jobs, turned down Bradley's offer of $600,000 a year. Whoa. So add the buyout onto a four-year deal at $600,000 per ??” former coach Jim Les earned $420,000 per year (thanks to reader Matt Halko for the tip on that figure) ??” and you're looking at Bradley paying around $3.5 million for Ford, who won two regular-season MAC championships and went 68-37 ??” but still hasn't coached in the NCAA tournament.
Click to expand...

Good. I'm glad to see that BU has FINALLY decided to join the upper tier of the Valley.
 
So it's 875,000 per year for the first 4 years...you could look at it that way. Still not as much as some schools our size pay for their coaches. If he wins some MVC titles and tournaments no one will bat an eye. I think that's the standard of how much you should pay someone. If they do their job, will anyone care how much they are getting paid? In this case I think the answer is no.
 
You need to spend money to make money. I have zero problems with the financial end of this deal. Now I hope we are not cheap from here on out in order to get some real good assistants!
 
Bradleyguy10 said:
So it's 875,000 per year for the first 4 years...you could look at it that way. Still not as much as some schools our size pay for their coaches. If he wins some MVC titles and tournaments no one will bat an eye. I think that's the standard of how much you should pay someone. If they do their job, will anyone care how much they are getting paid? In this case I think the answer is no.
Click to expand...

Couldn't agree more.
 
InMnBob1 said:
and you're looking at Bradley paying around $3.5 million for Ford, who won two regular-season MAC championships and went 68-37 — but still hasn't coached in the NCAA tournament.
Click to expand...

While I am very much for allocating more resources to commit to a winning basketball program, I believe that we considerably overpaid to get Ford here. Unbelievable!:oops:
 
I'm fine with any dollar amount because BU is a private institution and can do whatever it wants. They don't rely on my tax dollars to pay Ford, or renovate buildings, or hire faculty. They do it solely on revenue THEY generate and the generosity of alums and boosters. If BU overpays, they have to live with the consequences, just like a small business or private consumer overpaying for a car or house.

Yet another reason to root for BU instead of some money sucking state institution! :D
 
ancona flash said:
I'm fine with any dollar amount because BU is a private institution and can do whatever it wants. They don't rely on my tax dollars to pay Ford, or renovate buildings, or hire faculty. They do it solely on revenue THEY generate and the generosity of alums and boosters. If BU overpays, they have to live with the consequences, just like a small business or private consumer overpaying for a car or house.

Yet another reason to root for BU instead of some money sucking state institution! :D
Click to expand...

Well said.
 
One of the reasons that I am underwhelmed with this hire, is that basically, we threw semi-Ferrari money at a coach, and ended up with a Ford! From a salary standpoint to date, we are upside down!:twisted: What we got in return are "ifs", "hopes", "unknowns" and a guy who hasn't even got a team into the NCAA tournament!:oops: Don't get me wrong, I like Geno and I really hope he takes us to a Final Four! But, GF is making good money especially when compared to other MVC coaches, and decent money when compared to other NCAA coaches. If I were Ben Jacobson with my $450k/year salary, I would be renegotiating my contract ASAP! With this type of money, we could have, and should have hired a more established coach!

Jacobson's deal for $450k/year
http://sports.espn.go.com/ncb/news/story?id=5025035

Link to USA today article of 2009 coaches salaries who made the NCAA tournament!

http://www.usatoday.com/sports/coll...ches-salary-database.htm?loc=interstitialskip
 
All BU did with this move was move into the modern day of basketball. You weren't getting any coach for less than 5-600k.

The money is nothing. All that matters is whether the coach wins. We won't know that for a while.
 
BradleyJD said:
All BU did with this move was move into the modern day of basketball. You weren't getting any coach for less than 5-600k.

The money is nothing. All that matters is whether the coach wins. We won't know that for a while.
Click to expand...

Completely agree. At first glance, I was, and am happy that Bradley is committing the resources for a winning Men's Basketball program. But my debate is money allocated vs the type of hire. We should have been able to get a more experienced hire.jmho
 
Had Ben Jacobson been a head coach before? I thought he was promoted from asst.

As for Coach Ford, I think that the guy's track record speaks for itself. He comes in and almost instantly has great seasons. When met with only having three returning team members he goes out...recruits...and still wins the conference.

I get that he hasn't coached a game in the NCAA tourney - but last time I checked the game doesn't change too much once you make the big dance.

I agree that BU has just moved in to the modern ages and I'm glad to see them willing to pay out this much for what I consider to be a quality coach. Think he is a perfect fit for a program that wants to turn around quickly and could (potentially) see some player turnover.

I also understand that things could be rocky for a time while he gets acclimated and I'm not expecting to win the Valley next year - but I like that it sounds like Coach Ford is expecting to.
 
In reading some of the Kent State messages on their board, it's clear that they liked GF a lot and are upset that he left them, i.e., loyalty. However, they are most upset that their university does not have the financial means tor will not make the committment o compete for coaches or facilitites. Their bottom line in that they lost their coach to an inferior program who is now committed to spend what it takes to get coaching talent. I think we made a smart hire and now let's see if he can deliver. That's the way it works as there is no guarantees, but I like what we've done.
 
California Alum said:
I think we made a smart hire and now let's see if he can deliver. That's the way it works as there is no guarantees, but I like what we've done.
Click to expand...

Yep, agreed. He has won before, wherever he was. That's great. But now he has to do it here.

I think he can, but only time will tell.
 
You must log in or register to reply here.
Back
Top