Ohio State will owe Holtman $14 million and then will have to pay the new coach and staff.
I doubt they are worried about the dollars involved.
I doubt they are worried about the dollars involved.
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What inflation calculator did you use? I found one that pegged $6,000 in 1948 dollars to $76,000+ in 2024...That kind of money got me thinking. How much did John Wooden make. His first year at UCLA he made $6,000 which is about $60,000 today. His base salary was never more than $35,000; yes, even after 10 national titles. which would be about $285,000 today. What a time to be alive.
Shit I could’ve made that list!Here we go.
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Chris Holtmann officially out at Ohio State: 5 candidates to replace him in 2024-25
Ohio State fired coach Chris Holtmann amidst a tough year in the Big Ten, here are five coaching candidates that could take over this college basketball program in 2024-25.collegesportswire.usatoday.com
Lou Holtz said the most he was ever paid by Notre Dame was $125,000 a year. Of course, he had gigantic speaking fees, book royalties, etc. But we're a million miles from even the 90's.That kind of money got me thinking. How much did John Wooden make. His first year at UCLA he made $6,000 which is about $60,000 today. His base salary was never more than $35,000; yes, even after 10 national titles. which would be about $285,000 today. What a time to be alive.
Lou Holtz said the most he was ever paid by Notre Dame was $125,000 a year. Of course, he had gigantic speaking fees, book royalties, etc. But we're a million miles from even the 90's.
He's only talking about taxable income lolNot sure I'd buy that statement from Holtz... he only placed every program he coached on probation...
He's only talking about taxable income lol
I mean this in the most serious way possible....The only thing keeping Sampson in an NCAA job is the fact that there aren't any NCAA regulations at this point.
Given his past, only a program like Houston would hire him; he'll fit right in the "culture" that is Ohio $tate athletic$ -- the program that brought you the following:
* Woody "Punch 'Em if you Want" Haye$
* Jim "Tattoo$ here, Get your Tattoo$ here" Tre$$el
* Urban Meyer
* Jim "I didn't see the Doc grab his junk" Jordan
That ROI is always there though. It's not like that stopped in 1975...that ROI opportunity still exists. Part of that is needing to capitalize on success in the moment however and retain those potential legendary coaches, upgrade facilities, and build brands (even if it seems expensive or risky in the moment) so that down the line it's easier to do those things.Could you imagine that ROI? not only from publicity of winning championships then but you essentially have created generations of fans, donors, alumni, that will be willing to shell out to relive the glory days. Much like everything else in life the early investors are now reaping the benefit of what their predecessors did before them; essentially were able to retain legendary coaches, build stadiums, and create a brands for pennies on the dollar.
I mean this in the most serious way possible....
I would literally be fine if our coach was named $$$$ McDollar$ if it meant regularly being one of the top teams in the country. Hell, I'd take that with just the expectation that annual top-25's were expected.
If medical science ever progressed to the point where you could somehow make a $100 bill sentient and gave it above-average basketball IQ and it meant a winning program, I'd want them to have a lifetime contract at ISU.
That ROI is always there though. It's not like that stopped in 1975...that ROI opportunity still exists. Part of that is needing to capitalize on success in the moment however and retain those potential legendary coaches, upgrade facilities, and build brands (even if it seems expensive or risky in the moment) so that down the line it's easier to do those things.
Gonzaga was an afterthought in basketball, had never made the tourney until 1995. They find a little success in the late 90's/early 2000's, find a great coach, lock him down and invest in the program, and now 25 years later they've been a powerhouse over that time span.
Loyola Chicago hadn't made the tournament since 1985 and was middling to awful for most of the lead up to their Final 4 run. They turn into a mid-major darling, back it up with a couple of solid seasons, and make the jump to the A-10 (even if they haven't been great since that move).
Butler didn't make the tournament really until the late 90's and then managed to be a good team in a not-great conference. Eventually they make 2 Final Four's which gave them $1.2 BILLION in advertising, record high applications and enrollments, and a spot in the Big East.
It's like the saying goes, "The best time to plant a tree was 20 years ago. The second best time is now."
Hey now, don't bring facts into thisKeep in mind the following:
Gonzaga Football... closed 1941
Gonzaga endowment $399.6 Million
Loyola (Chicago) Football... closed 1930
Loyola (Chicago) endowment $1.072 BILLION
Butler Football... last scholarship offered... ~1989-1992
Butler endowment $212 Million
Hey if you're trying to convince me we should cut football you don't need to. I'd be first in line supporting that, and I love going to Sycamore football games.Keep in mind the following:
Gonzaga Football... closed 1941
Gonzaga endowment $399.6 Million
Loyola (Chicago) Football... closed 1930
Loyola (Chicago) endowment $1.072 BILLION
Butler Football... last scholarship offered... ~1989-1992
Butler endowment $212 Million
I know people hate it when you bring up facts but let's look at all the great mid-major programs the past 20 years that have elevated their program/universities:Keep in mind the following:
Gonzaga Football... closed 1941
Gonzaga endowment $399.6 Million
Loyola (Chicago) Football... closed 1930
Loyola (Chicago) endowment $1.072 BILLION
Butler Football... last scholarship offered... ~1989-1992
Butler endowment $212 Million