Gottfriend & Avent get raises

General29

Wow! Big raise for Gottfried on one year’s performance. I sure hope we never hear of him entertaining offers from anyone else – including UCLA & Kentucky – in the future. Debbie Yow and NC State have provided him an opportunity when nobody else in basketball would do the same and continue to support him with significant staff and facilities resources.

Link

Mark Gottfried’s contract got an automatic two-year extension when N.C. State made the NCAA tournament last March. The second-year basketball coach got a $750,000 raise on Friday for the Wolfpack’s 24-win season which ended in the Sweet 16.

Gottfried will make $1.95 million annually, which ranks third among ACC coaches. The N.C. State Board of Trustees approved raises for both Gottfried and baseball coach Elliott Avent, who led his team into the final 16 of the NCAA tournament.

Gottfried’s supplemental income went from $450,000 per year to $1.2 million under the new deal, which runs through the 2017-18 season. His base salary of $750,000 per year remains the same.

N.C. State went 24-13 in Gottfried’s first season reaching the NCAA tournament for the first time since 2006 and the Sweet 16 for only the second time since 1989. His original contract, signed in April 2011, called for an automatic two-year extension if he made the NCAA tournament in either of his first two seasons.

Avent led N.C. State’s baseball team to a 43-20 finish and a spot in the Super Regional round in the NCAA tournament. Avent received a $25,713 raise which brings his annual guaranteed compensation to $219,125 and his contract was extended one year, through the 2015 season

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29 Responses to Gottfriend & Avent get raises

  1. GAWolf 09/21/2012 at 2:23 PM #

    This is fantastic news. It means we are indeed rewarding success, and thus we will set up a culture that rewards success. Before we seemed to dole out extensions randomly.

    We’re a performance based organization, and that’s fantastic to see.

  2. packalum44 09/21/2012 at 2:41 PM #

    Wait just a minute do you mean we actually proactively gave a raise to Gott for kicking ass and taking names his first season??!! Ludicrous I tell ya’!!

    Gott is the man and will certainly be hearing from other schools. He took a crappy team and in year 2 we’re pre-season top 10. Think about that for a minute. If you’re an AD at a b-ball school (eg UConn) why wouldn’t someone like that who (was) making a million per year??!! Now at 2 million per year, you’d have to make it rain on him and even then we’d most likely match it. I do think he would bolt for UCLA.

  3. HPWolf 09/21/2012 at 2:52 PM #

    Good move Debbie. Glad to see us being proactive and doing what needed to be done. This move helps solidify coach Gott to potential recruits and other coaches. Win, recruit well and be rewarded. I love it. Also let’s a few coaches out there know what they potentially missed out on. Go Gott! Go State!

  4. TruthBKnown Returns 09/21/2012 at 3:01 PM #

    This makes me glad we have Debbie Yow. I can only imagine how long ole Jed would have taken to work in a raise for Gott. He’d probably wait until Gott was already interviewing at another school before throwing in a last-ditch insult of a raise that doesn’t even match the first offer from the other school.

  5. 61Packer 09/21/2012 at 3:03 PM #

    Jed would never have given Gott a raise because he never would have hired him in the first place.

  6. TruthBKnown Returns 09/21/2012 at 3:15 PM #

    61, good point!

  7. tractor57 09/21/2012 at 3:17 PM #

    I like the performance based organization talk but even more I like that DY walks the walk as well.

    As to 61’s comment +1

  8. jljones 09/21/2012 at 3:50 PM #

    A well deserved increase for a job well done and I AM GLAD TO SEE US MAKE IT MORE ATTRACTIVE TO STAY AT STATE VERSUS JUMPING TO ANOTHER UNIVERSITY. Great managerial decision. NOW—GO HIRE A FOOTBALL COACH IN THE SAME MOLD AS OUR BASKETBALL COACH.

  9. Texpack 09/21/2012 at 4:12 PM #

    I like the fact that we have a basketball coach who actually deserves a raise!

  10. howlie 09/21/2012 at 4:38 PM #

    I don’t mean to urinate in the dry cereal goods, but I’m interested in if we’ve sweetened the salaries of Gott’s assistants?
    They, also, have been holding the pedal to the metal, & I REALLY want to hang on to these guys (although I know at least one has made it know he’s looking to get a HC gig). My concern is that one of the other assistants goes with him when that happens, leaving us in the lurch for several months in the midst of recruiting season and resulting in goose eggs in that recruiting year…
    We can’t afford goose eggs at any price…

  11. LRM 09/21/2012 at 6:40 PM #

    No sleep til ATL.

  12. blpack 09/21/2012 at 8:07 PM #

    Good news for the Pack! The good job is rewarded and expectations rise. Time to go to the next level.

  13. old13 09/21/2012 at 8:16 PM #

    “I do think he would bolt for UCLA.”

    Maybe. But I think he likes the setup at State, as well as working with DY. And recent history with the ACC is higher profile than that of the Pac-??. In any case, glad to see him rewarded.

  14. wolfpack4ever 09/21/2012 at 8:21 PM #

    Excellent news!! Go Pack!

  15. triadwolf 09/21/2012 at 8:28 PM #

    My gut says this was the right move, but I’d feel more comfortable if it was made after this season. Too many coaches come in and set the world on fire their first year then as the newness wears off, so does the winning.

    I don’t think this will be the case with Gott, but I probably would have waited to see how season 2 unfolds. I believe reaching the NCAA’s not only resulted in the automatic extension, but also a monetary bonus. That probably would have been enough to maintain a hold on him through this season. But then again maybe the stars were aligned such that DY felt like she better get the money now because it may not be available to her next year.

  16. grizzlyman 09/21/2012 at 8:32 PM #

    I hope UCLA, Kentucky, UCONN, MSU, Indiana, etc come calling. I hope they are told “NO” in no uncertain terms, but if Gott has folks like that calling for him, that would mean great things are happening in the PNC, or whatever its called now.
    He’d have to be paid to stick around, but it’d be money well spent if we are in that position.

  17. the_phisherman 09/21/2012 at 8:41 PM #

    I wonder if season ticket sales had anything to do with this

  18. Cabin Creek Wolf 09/21/2012 at 9:07 PM #

    Spot on, howlie. Gott has some damn good assistants; those guys need to be rewarded, too. I’m sure Lutz will be heading to an HC job somewhere within the next year or two. DY and Co. needs to reward all of those guys

  19. dallas-pack 09/21/2012 at 9:11 PM #

    Great move, proactive and well deserved.

  20. coach13 09/21/2012 at 10:43 PM #

    Somebody tell TOB that’s what happens when you have enough success on the field to get a little national attention.

  21. ADVENTUROO 09/22/2012 at 10:01 AM #

    the_phisherman,

    This is my gut take on the raise. It is also based on reading Gott’s first contract. He has THREE separate clauses (with sub clauses) in his compensation.

    The First is his BASE is still $750K.

    The Second is his Supplemental Income. That went from $450K to $1,200 K. SWEET. That is defined as his compensation from the following activities: 1) Fundraising; 2) Media; 3) Sports Apparrel.

    NOW….this is my “editorial” interpretation. Since Jimmy V. started earning $$’s for his coach’s show and his shoe contract and that was a point of contention (jealousy – Faculty) and perhaps an area that he overstressed (and in the books, he measured his personal success with $$ signs….that is a fact – not a criticism). Therefore, the STATE way is to NOT allow the coach to lose focus.

    Having said that, Gott is probably one of the big reasons that DY was able to re-negotiate our Media and Sports Apparel contracts. BOTH of which added several MILLIONS to the overall revenue for the AD. In addition, one would HOPE that some of the lofty seats not filled in the PNC would be sold this year. One would ALSO hope that some of the “business” seats that are season tickets in the lower sections would be in higher demand this year so that the APPEARANCE of a larger crowd is reflected.

    Third is the Bonus or Competitive Section. He gets bonuses for Academics (GPA’s, Graduation rates, scholars awards, etc.) He ALSO gets bonuses for Competitive (winning.)

    The N&O article is all that I know there. But, he does have MORE POOR refing job in last year’s ACC Semi-Final game cost Gott a month’s pay bounus ($750K / 12 months) or $62.5K. Had he made it to the Sunday ACC game, he would have recieved this.

    The change, which is explained in the N&O article is really pretty lucrative. He only got $62.5K for the Sunday win (Dayton) which got us in the Sweet 16. By being a TOP 64 (making the REAL list, not the play-in), he gets $125K. Then he would have gotten $62.5K for each win for a total of $250K.

    Really a nice contract re-negotiation. His impact on the W & L’s and the impact on our “IMAGE” is what sealed the deal.

    He and DY made a point about him wanting to have some freedom to hire (and PAY) for good assistants in their negotiations makes me optimistic that he and she will reward them as well. Bobby Lutz got a bump earlier this year.

    Great news….looking forward to the season.

  22. CrackerPacker 09/23/2012 at 6:16 AM #

    I may be wrong but isn’t this old news. Thought this(raise) all happen a year ago. If I’m right why bring it up like it’s new news. Still great news any way you look at it and loving it, but….

  23. ADVENTUROO 09/23/2012 at 9:56 AM #

    cracker,

    What happend this past spring, after the sweet 16 appearance was an AUTOMATIC contract extension. It got some PRESS.

    What has happened NOW is that the Supplemental Income amount was changed in his contract (renegotiated) from $450,000 to $1,200,000. In other words a RAISE. If you look at what that includes, it came from DY’s two big increases in the Media and the Athletic Apparrel contracts or deals.

    He also had the Competitive Incentives section “improved”.

    Hope this helps.

  24. Greywolf 09/23/2012 at 11:50 AM #

    “I can only imagine how long ole Jed would have taken to work in a raise for Gott. He’d probably wait until Gott was already interviewing at another school before throwing in a last-ditch insult of a raise that doesn’t even match the first offer from the other school.”

    You seem to know a lot about how Jed thinks and what he would and wouldn’t do. If you don’t, are you just seeing the world through your own eyes?

  25. Alpha Wolf 09/23/2012 at 2:55 PM #

    The Jed conversation forgets one key point: Sidney Lowe would still be the head coach if Jed still ran fuh-cilities.

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