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TITLETOWN - A Decade Long Celebration Of The Greatest Achievement In College Athletics History => Kansas State Basketball is hard => Topic started by: jtksu on September 08, 2010, 02:11:45 PM
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Signed an extension through 2015. Only a slight pay raise but he will now be eligible for up to 80k in bonuses.
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:preparingforDaxrant:
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:surprised:
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Signed an extension through 2015. Only a slight pay raise but he will now be eligible for up to 80k in bonuses.
His bonus should be 80% of salary and be tied to recruiting.
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:preparingforDaxrant:
i'll play bmw...
kstate is just paying this so that other top flight assistant coaches know that we are willing to pay this so that when 'te moves on to be a head coach somewhere the cat will already be out of the bag that kstate is willing to pay and all those top flight assts will want to come here. actually a great move by ol' currie here.
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I thought BMW would say something about 'te needing more money to dole out to players since we aren't landing the 5-stars on his current allotment used to buy kids.
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IN RUSTY'S FACE
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Maybe this means he's got, like, some stud muffins locked up and we know we have to pay him to get said muffins :dunno:
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Maybe this means he's got, like, some stud muffins locked up and we know we have to pay him to get said muffins :dunno:
this was my hope as well. :woot:
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Safe ride better be on call tonight.
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Safe ride better be on call tonight.
:lol:
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Guys, I just do not know how long K-State keeps 'Te. UNC-Charlotte wants him back. You know that going in. I just don't know how we can keep him here without getting in to a bidding war. Ultimately, the team that has a head coach loses that battle.
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:facepalm:
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I have no idea what a HC makes at a smaller uni, but I doubt 'Te's plans involve going from 'Te500K to 'Te350k anytime soon.
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Here's the details from Smellis
K-State associate head coach Dalonte Hill’s new contract big on bonuses
After helping the Kansas State basketball team win 29 games last year and reach the Elite Eight, associate head coach Dalonte Hill was able to rework his contract.
On Aug. 10, K-State athletic director John Currie agreed to extend Hill’s contract through 2015 and increase his annual salary to $423,750 and make him eligible for significant bonuses.
Hill was already believed to be the highest paid assistant coach in all of college basketball. His new contract, first-obtained by the Eagle and Star this week through an Open Records Request, will only reinforce that opinion.
Depending on how well the K-State basketball team performs in a given year, Hill could receive as much as an $80,000 bonus.
Here’s how the bonus system works.
Hill will receive a bonus sum calculated by multiplying his base salary — $250,000 under his new contract — by the highest percentage attained for achieving the following team goals:
– NIT bid or 9-7 record in Big 12 play (4 percent)
– NCAA Tournament bid (8 percent)
– Top three seed in Big 12 tournament (12 percent)
– Reach Sweet 16 or win either the Big 12 regular season or tournament championship (16 percent)
– Reach the Elite Eight (20 percent)
– Reach the Final Four (24 percent)
– Top 10 ranking in the AP or USA Today final poll (28 percent)
– Win National Championship game (32 percent)
If this bonus system were in place last year, he would have received an extra $70,000 for helping K-State land in the Top 10 of the final polls, bringing his year-end earnings to nearly $500,000. His previous contract paid him $420,000 annually, plus incentives.
Not bad, right? With the Wildcats expected to once again contend for a spot in the Final Four this year, Hill can look forward to a nice pay day at the end of the season.
Other notes from Hill’s new contract:
– It is tied directly to head coach Frank Martin. If for any reason he is no longer employed by K-State, Hill’s contract can be terminated.
– If Hill chooses to leave for a new job while under contract, he will owe K-State $50,000.
– If K-State chooses to terminate Hill’s contract without cause, it will owe him a large buyout depending on when it occurs. The scale starts at $560,000 this season, $420,000 in 2011-12, $280,000 in 2012-13 and $140,000 thereafter.
Read more: http://blogs.kansas.com/kstated/2010/09/08/k-state-associate-head-coach-dalonte-hills-new-contract-big-on-bonuses/#ixzz0yyXgX4kz
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see nothing about recruiting there.
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raise from 420k to 423k. must have been a bidding war.
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Nothing to rant about really . . . TePotentially500k is a delivering as sold MEH out on the recruiting trail.
What else needs to be said.
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I see a win-win contract.
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Maybe this means he's got, like, some stud muffins locked up and we know we have to pay him to get said muffins :dunno:
We only want the tops.
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see nothing about recruiting there.
Isn't how well we do likely related to how well 'Te recruits?
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Waks, please don't get him going.
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Interesting that the contract is tied to franks, if frank leaves( please no:pray: :pray: :pray: :pray:) then te500k has no contract?
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see nothing about recruiting there.
Isn't how well we do likely related to how well 'Te recruits?
Right now, it's directly related to how well Figger and Undy are recruiting. :blank:
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Right now, it's directly related to how well Figger and Undy are recruiting. :blank:
it's pretty obvious hill's salary is absurdly inflated so that he can funnel money, cars, women, etc to figger under the table.
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It's genius, really. Everyone expects 'Te to recruit dirty, so they watch him closely. No one worries about Unds or Figgs, so 'Te funnels the money through them. Brilliant strategy.
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It's genius, really. Everyone expects 'Te to recruit dirty, so they watch him closely. No one worries about Unds or Figgs, so 'Te funnels the money through them. Brilliant strategy.
I rough ridin' hate you but this is a pretty sound theroy.
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Maybe this means he's got, like, some stud muffins locked up and we know we have to pay him to get said muffins :dunno:
We only want the tops.
what will we do with the bottoms, nobody wants the bottoms!
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Muffin stumps. :barf: