Coach Riley's Contract

Dr. Mantis Toboggan

Dr. Mantis Toboggan

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Mike Riley's contract is 5-years, 2.7M/year. Using 2014 figures he would be the 33rd highest paid coach in CFB. Salary at OSU was 1.5M ranking 61st.

 
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This is the closest thing that we could have gotten to my theory of saving money on the HC, and paying big time for the assistants. There's a bunch of money left over to bring in top notch recruiters and coordinators. Gonna be fun to watch this thing play out over the next week.

 
kchusker_chris said:
This is the closest thing that we could have gotten to my theory of saving money on the HC, and paying big time for the assistants. There's a bunch of money left over to bring in top notch recruiters and coordinators. Gonna be fun to watch this thing play out over the next week.
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In theory, it is great. Let's see if it plays out in application. I hope it does!

On a side note, am I the only one who thinks we overpaid at $2.7M?

 
QMany said:
On a side note, am I the only one who thinks we overpaid at $2.7M?
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Not when you consider what it would have cost us to get McElwain, Tressle, BB or any of the other names thrown around. I bet only a handful of coaches hired this season will be below that mark. I think we did about as good as we could have done outside of someone like Moglia. And we managed to get a CEO with a lot of years of experience for that too.

The difference between McElwain and Riley is $2.3. That means we can pay 900k for our OC, 900k for our DC, and hire 30 recruiting staff members at $60k/year and not spend a single extra penny than we would have keeping the extact same staff/pay structure as Bo but adding McElwain.

 
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I understand what it would have taken to get another higher profile coach. I guess I am asking, did it take $2.7M, an 80% raise, to get Riley out of Corvallis?

 
In case anyone's wondering, Scott Frost's salary this year is $400,000. Tim Beck's was $700,000 in 2013.

 
kchusker_chris said:
This is the closest thing that we could have gotten to my theory of saving money on the HC, and paying big time for the assistants. There's a bunch of money left over to bring in top notch recruiters and coordinators. Gonna be fun to watch this thing play out over the next week.
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It's not about money saved, I think the money is there, especially at Nebraska. It's about not overpaying.

One of the criticisms of Riley at Oregon State was his essentially lifetime contract. You have to pay coaches in a way that makes performance an incentive. You also can't pay way more than market. For Riley making what he made at Oregon State, and living in a place like Nebraska, this is a good and fair deal.

If it had been Tressel, I'm sure we would have paid much more -- and still had the money to assemble a big-time staff.

It's the same deal with Bo's staffs over the years. Some of the assistants weren't highly paid not because we couldn't afford it. It's because they were previously GAs and that's who Bo wanted on the job.

 
zoogies said:
It's not about money saved, I think the money is there, especially at Nebraska. It's about not overpaying.

One of the criticisms of Riley at Oregon State was his essentially lifetime contract. You have to pay coaches in a way that makes performance an incentive. You also can't pay way more than market. For Riley making what he made at Oregon State, and living in a place like Nebraska, this is a good and fair deal.

If it had been Tressel, I'm sure we would have paid much more -- and still had the money to assemble a big-time staff.

It's the same deal with Bo's staffs over the years. Some of the assistants weren't highly paid not because we couldn't afford it. It's because they were previously GAs and that's who Bo wanted on the job.
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It's not an unlimited pool of $$ like you make it out to be. We had around $6 million invested in Bo's staff - no one was expecting that to just jump to $10+ million. This allows us to stay within a reasonable range $6-8 million and in doing so add a recruiting staff that rivals Alabama and go out and get your $1million per OC/DC's if they so choose. It's a perfect situation all around, and gives Riley a lot of flexibility going forward.

 
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