Great article

Discuss the MVC hoops season here.

Re: Great article

Postby uniftw » June 7th, 2017, 10:40 am

uniguy wrote:That is (good) news to me about Jake's salary. I was always under the impression that the money we got from outside sources to pay his salary was for him only, and if he were to leave a new coach would make significantly less (closer to what Jake's original salary was). I'm happy to hear that isn't the case.

Jakes first salary was $175,000. That was in 2006 and UNI was still very heavily a football school. Coming off of a national title game appearance, and the NCAA appearnces under McDermott were setting the foundation for the program but it could have easily slid the other way, REAL QUICK, if Jake hadn't done what he did. The football team was ranked #1 in the country for pretty much all of 2007 and 2008 and entered 2009 #1 but then fell apart.

Meanwhile Jake set the record for most wins in first two seasons as a coach in UNI history in 06/07 and 07/08. while they didn't get to an NCAA they did keep fans engaged enough. Then in 08/09 the next NCAA appearance came on the back of a horrifying end to the 2008 football season that "broke" many football fans at UNI.

09/10 was the S16 season, and at the start of the season Jake was only at like 300K or so. The 2009 football season was a giant disaster. To follow that up with a second straight NCAA appearance, and have it be a season ranked in the top 25, beat the #1 team in the nation, S16, etc... and the school instaflipped to a basketball school with a football program. Yes, football draws more people and blah blah blah. It's a basketball schoool at this point.

Jake gets whatever he wants for himself, and his assistants. The next coach - hopefully a decade plus down the road, will also get that treatment to continue the path.

Falling back to 500K or less in pay won't happen unless a real failure of an AD comes in.
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Re: Great article

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Re: Great article

Postby uniguy » June 7th, 2017, 11:47 am

Haha thank you for the history lesson, although you are describing my years at UNI as a student starting in 2005 so I am familiar with it already. ;)

Obviously a new coach would not make 175K like Jake did in 2006, but I would have guessed closer to 400-500K. For one, Jake has earned his salary through his accomplishments. A new, unproven coach would not deserve the same salary. I think we agree on that. This would be the case at pretty much any institution. If Gregg left Wichita tomorrow, his replacement probably wouldn't get a 3 million dollar plus paycheck right off the bat (unless it was someone with the pedigree that deserves it).

Regardless, I think, the real question is how exactly is Jake's salary funded? Is it some sort of endowment that UNI controls, or is it donors ponying up every year in an arrangement specifically put together to retain Jake (or a mixture of both)? If it is donors, then I don't know that we could rely on them to pony up for a new guy without them having a pretty good say as to who it is. If it is an endowment towards a coaches salary (not specifically Jake's) then yes, UNI basketball will be able to go to that well for as long as it wants.

At least that has been my understanding.
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Re: Great article

Postby BCPanther » June 7th, 2017, 8:50 pm

uniguy wrote:Haha thank you for the history lesson, although you are describing my years at UNI as a student starting in 2005 so I am familiar with it already. ;)

Obviously a new coach would not make 175K like Jake did in 2006, but I would have guessed closer to 400-500K. For one, Jake has earned his salary through his accomplishments. A new, unproven coach would not deserve the same salary. I think we agree on that. This would be the case at pretty much any institution. If Gregg left Wichita tomorrow, his replacement probably wouldn't get a 3 million dollar plus paycheck right off the bat (unless it was someone with the pedigree that deserves it).

Regardless, I think, the real question is how exactly is Jake's salary funded? Is it some sort of endowment that UNI controls, or is it donors ponying up every year in an arrangement specifically put together to retain Jake (or a mixture of both)? If it is donors, then I don't know that we could rely on them to pony up for a new guy without them having a pretty good say as to who it is. If it is an endowment towards a coaches salary (not specifically Jake's) then yes, UNI basketball will be able to go to that well for as long as it wants.

At least that has been my understanding.


From what I understand, there's a group of about 12 big time donors that make annual contributions to a trust that funds all basketball salaries. These donors are contractually obligated to make that contribution for as long as Jake is here but do not get any money back if he bolts. They also have the option to continue after he's gone but are not required to.

Their estates are included as well so that we don't run into a situation where their kids can pull funds. It's already come into play twice but there wouldn't have been any question about those families changing their minds anyway. They bleed the purplest of purple.
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Re: Great article

Postby uniftw » June 8th, 2017, 8:15 am

Great.

Another shade of purple for us to deal with...


Sorry for the extremely inside UNI related joke there.
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Re: Great article

Postby BCPanther » June 8th, 2017, 9:33 am

uniftw wrote:Great.

Another shade of purple for us to deal with...


Sorry for the extremely inside UNI related joke there.


Every UNI fan should lol hard at that...
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