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Guys, I’m a huge Gregg Marshall fan. Please read the USA Today article below.
He was my first choice, we went for the bargain. Hope it works.
AlBunde…
I guess your leaked copy of the Consultant’s list had Greg on it with some “salary requirements”.
Mine DID NOT.
Don’t know what Gregg might want (or get), but it would only have been a modest ticket price increase and similar concessions increase to get him and also bump up the Assistant’s salaries.
Personally think he either quoted a high number (over $5KK) or said NO THANKS….
His wife would have been a great sideline edition. Wonder how long the ACC Ref’s would have put up with HER?
I was a big Will Wade fan. But boy, it sure does seem like he’s just playing the game, trying to get schools to bid against each other (and maybe return back to VCU for a raise in the end).
It seems as though Yow & company sniffed that out and decided to pass. If so, good call.
AlBunde…
I guess your leaked copy of the Consultant’s list had Greg on it with some “salary requirements”.
Mine DID NOT.
Don’t know what Gregg might want (or get), but it would only have been a modest ticket price increase and similar concessions increase to get him and also bump up the Assistant’s salaries.
Personally think he either quoted a high number (over $5KK) or said NO THANKS….
His wife would have been a great sideline edition. Wonder how long the ACC Ref’s would have put up with HER?
my conversation with WC board member, was over confirmation of Keatts hire. He indicated he and others had gone to UNCW to watch coach. Then they began process to lobby others. Based on speed of action, they had already eliminated many of the recommendations from the search process.
Based on parts of conversation, money was a factor. Without getting list, the names I threw out
Wade because he had already beat Gott for recruits. He was still confident Keatts was best!Was higher on my first three because they recruited talent that could have played in ACC. Marshall/miller could have brought stronger staff with them.
Search team should have asked about salary, along with interest in job! Marshall is probably 5-6 million, Miller and wade 3-4 million. Just don’t think we could make the numbers work. DY and Wolfpack club had to factor cost.
I would have paid the 6mill to get Marshall.
Search team should have asked about salary, along with interest in job! Marshall is probably 5-6 million, Miller and wade 3-4 million. Just don’t think we could make the numbers work. DY and Wolfpack club had to factor cost.
I would have paid the 6mill to get Marshall.
that was my question all along. Can’t Murphy just cut a big enough check to really invest in the program?
Also baffled why with a donor like T. Boone Pickens OSU went on the cheap and even lost their guy.
Jeremy H you ask the million dollar question. I don’t have answer yet, gut tells me we don’t have 6 mill to spend! Or we were not willing to risk on this pool of candidates. We should know Marshall/Millers number soon!
Wade off table to LSU, 3-4 mill????
geez, look at these numbers:
http://sports.usatoday.com/ncaa/salaries/mens-basketball/coach/6 mil would have put Marshall in the top 3. Ton of coaches in that 2-3 mil range., that Keatts is now in. Asking for a high salary is sometimes a way to say no. If they will only come for a very high salary, do they really want to be there? (And hear that accent.) But just seems like a high salary (6 mil) combined with Yow’s retirement just makes for a “risky” situation. Which unfortunately makes her sticking around a sort of a blocker for moves like this.
Folks,
You need to step back and look at this realistically. The “Murphy Well” has been nice, but it ain’t that deep. This is a LONG post…but read the final comments and look at the “Net Worths” of some folks. I posted an economic model here of how much it would take to pay out MG and also fund $3.5 Million and got blasted saying that NO ONE WILL PAY THAT MUCH MORE PER TICKET…so either you do it from Ticket or you get Donors to “FUND” such….
Asking for an exorbitant salary is, indeed, a polite way of saying NO. Wendell Murphy’s #2 man did that when his ex company dogged him to death. He threw out a salary that was 3 or 4 times present and a list of demands that would befit retirement of Ex Presidents. THEY took him up. Later on, he got tired of the corporate BS and decided to come back to NC and Wendell hired him as President. THEN, after the sale to Smithfield, was kept on and promoted. Wendell is an astute businessman and a good judge of character.
If we had opted for Marshall (why TWO G’s), then the ticket price increase would have been much steeper. Based on the math using the attendance numbers and trying to keep MBB as a “stand alone” entity (neutral revenue), with Keatts, we are at breakeven, ASSUMING that some of the big time Donor’s “anted up” for the departure. There will be a net outflow of about $300 – $400K per year for MG’s three years, assuming he does not coach. Then throw in the $200K that we PROBABLY paid as a signing bonus for Keatts’ Buyout (he STILL pays the taxes on that and that will be around $75K). So, net-net…probably $1.1- $1.5 Out of Pocket. IF we pick up some MORE ticket sales, then we might break even….even without the ASSUMED “one time special gift”. NOW, for the record, any Donor Contributions went DIRECTLY to the Athletic Department and NOT the WPC. The WPC funds are slated specifically for Facility and Scholarship.
Wendell Murphy has been VERY generous to NCSU. He no longer has a company (sold it) that he can leverage and make big donations. What is coming from him is his OWN resources….and he also has a large family that would like to have an inheritance.
IF you want to reach out to the BIG MONEY MEN….then start talking to Jim Goodnight. Mr. Goodnight really is worth almost $10 BILLION. His worth is probably 100 times Mr. Murphy and he STILL has a growing business (SAS). For comparison, T. Boone Pickens is worth $500 Million, so our OWN illustrious Mr. Goodnight is worth 20 TIMES Mr. Pickens. Now, remember…
Jim Goodnight was a Stat Prof at NCSU. He actually WROTE, along with others, all the “Base Code” for SAS as a “GRANTED” research project. The Folks that review such said. Good Job Jim (and the other SAS Founder and a couple of others). BUT, this has no value, other than from an academic standpoint. You want to “Keep the CODE?”. OK, whatever THAT is, it is YOURS. I saw a prospectus for SAS from a Venture Capital firm (that also funded Cree). Mr. Goodnight “owes a lot to NCSU”. Maybe someone can focus him and get him to become OUR T. Booney Boy.
Factoids…not Internet Gossip…
Goodnight played freshman basketball at State. My dad played with him.
For whatever reason he does not care one whit about NCSU athletics.ANd money was obviously a factor in the hiring of Keatts. He may work out but we went cheap.
It is within the AD’s purview to do this sort of fundraising? Don’t tell me we can’t pool our biggest donors to sum 30 mil for 6 years.
Doug Gottlieb will interview for the OSK job. He’s who I thought Yow had hired back when I first heard “Gottfried”.
Jim Goodnight was a Stat Prof at NCSU. He actually WROTE, along with others, all the “Base Code” for SAS as a “GRANTED” research project. The Folks that review such said. Good Job Jim (and the other SAS Founder and a couple of others). BUT, this has no value, other than from an academic standpoint. You want to “Keep the CODE?”. OK, whatever THAT is, it is YOURS.
I was aware of that history, I find it fascinating. I dare say it will never happen again. Side note: I knew a man who was a long time resident of Cary and owned a lot of the land that SAS eventually bought and built on. I asked him about it and he said that whenever he needed some cash flow he’d just “go to the deed box” and sell off a parcel.
ANd money was obviously a factor in the hiring of Keatts. He may work out but we went cheap.
I keep hearing this line of thought but as someone else mentioned, Keatts $2.2million puts his contract in the top 20 as per http://sports.usatoday.com/ncaa/salaries/mens-basketball/coach/
Who on that list did you want, and for how much? Do you think Archie deserves to be paid $3million and put in the top ten?
BTW, look at what Sean is making compared to ORW. AT least that’s what ORW’s “listed” compensation is, I would imagine he gets a pretty penny through “channels”.
ANd money was obviously a factor in the hiring of Keatts. He may work out but we went cheap.
I keep hearing this line of thought but as someone else mentioned, Keatts $2.2million puts his contract in the top 20 as per http://sports.usatoday.com/ncaa/salaries/mens-basketball/coach/
Who on that list did you want, and for how much? Do you think Archie deserves to be paid $3million and put in the top ten?
BTW, look at what Sean is making compared to ORW. AT least that’s what ORW’s “listed” compensation is, I would imagine he gets a pretty penny through “channels”.
Yeah ORW is a special case. Perhaps his additional stream is Nike, but I can only imagine the perks of coaching where you have a billionaire former player.
I would have totally given Archie Sean’s salary, that’s “F* U” money right there, that’s to show how much he’s wanted, money. But alas its an imaginary wallet. I don’t understand why Goodnight wouldn’t help out his alumni for a power play like that.
ANd money was obviously a factor in the hiring of Keatts. He may work out but we went cheap.
I keep hearing this line of thought but as someone else mentioned, Keatts $2.2million puts his contract in the top 20 as per http://sports.usatoday.com/ncaa/salaries/mens-basketball/coach/
Who on that list did you want, and for how much? Do you think Archie deserves to be paid $3million and put in the top ten?
BTW, look at what Sean is making compared to ORW. AT least that’s what ORW’s “listed” compensation is, I would imagine he gets a pretty penny through “channels”.
I agree he is overpaid. We went cheap and then overpaid him. Yow is not good with contracts.
Rick: I’m not sure we went cheap. I think we went with the best candidate that really wanted to be here and then paid him the current market price for a high major. I tend to think Illinois throwing $5m around gave candidates a lot of leverage.
I’m not sure I agree with 6 years though. I’d have gone 4. I do agree that Yow’s weakest point from what I can see as an outsider is contracts. Of course that’s just another reason why I don’t agree with the “Yow’s tough to work for” or “bad job” rhetoric.
Unrelated but I do find it interesting how quickly people are willing to spen other peoples’ money. I don’t know what the actual ROI is for different levels of success in basketball for NC State. Maybe we calculated that Marshall just wasn’t worth it?
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