Geno contract / CR tie | The Boneyard

Geno contract / CR tie

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ruskin

ruskin

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No question he deserves the $$$. But given the currently paltry TV agreements and proven declining game ticket revenue, where is the $$$ going to come from? At this rate, the exit fee windfall is going to be gone before we know it.

Take a look at this list (2 yrs old). Again, Geno deserves to be at the top, but look at the other schools on the list. Most if not all, are in a stable situation (you could debate Baylor, Iowa State & Louisville but they're a step ahead of UConn).

http://usatoday30.usatoday.com/sports/college/womensbasketball/2011-coaches-salary-database.htm

I admire Geno for many reasons (community involvement like Sandy Hook fund, etc). I don't blame him for cutting the best deal he can for himself. I hope that when SH/WM/trustees agree to a contract like this they know the financial future is a lot brighter than it appears to be at the moment.
 
I say ... don't worry/focus on Women's basketball; they do extraordinarily well. (you might soon here a Calhoun type rant from some direction) We clearly make good money/bring good revenue in on this front.

Would I pay Geno's successor comparable? Now that is an interesting question.
 
NOTE: No General Fund (state tax dollars) or tuition monies are used to provide any of the resources for this contract. The Division of Athletics at the University of Connecticut is an Auxiliary Service Fund entity and the sources of revenue include: gate receipts, private fundraising, corporate partnerships, television/radio rights, BIG EAST Conference revenues and NCAA revenues.
 
Doesn't that tell you something? Why is it that folks insist the Prez and AD share every detail with the fans? Sit back, relax, and have faith that really smart people are positioning the school to be successful in the long-term.
 
huskymedic said:
NOTE: No General Fund (state tax dollars) or tuition monies are used to provide any of the resources for this contract. The Division of Athletics at the University of Connecticut is an Auxiliary Service Fund entity and the sources of revenue include: gate receipts, private fundraising, corporate partnerships, television/radio rights, BIG EAST Conference revenues and NCAA revenues.
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so they can use Metro/American conference revenues?
 
Pudge said:
I say ... don't worry/focus on Women's basketball; they do extraordinarily well. (you might soon here a Calhoun type rant from some direction) We clearly make good money/bring good revenue in on this front.

Would I pay Geno's successor comparable? Now that is an interesting question.
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No way. Unless we clone him.
 
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As an overtaxed taxpayer in the state of CT, I am appalled at his salary. Just Ridiculous.
 
CTEagle said:
As an overtaxed taxpayer in the state of CT, I am appalled at his salary. Just Ridiculous.
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NOTE: No General Fund (state tax dollars) or tuition monies are used to provide any of the resources for this contract. The Division of Athletics at the University of Connecticut is an Auxiliary Service Fund entity and the sources of revenue include: gate receipts, private fundraising, corporate partnerships, television/radio rights, BIG EAST Conference revenues and NCAA revenues.
 
Financially, UConn women's hoop is not doing "extraordinarily" well -- they do come much closer to breaking even than most.

It remains baffling that UConn women's basketball hasn't been used more for leverage in the CR debate. It's certainly possible that if UConn doesn't end up in the right place the women's success is very much at risk. They'll certainly be in no position to pay this kind of salary.

http://www.bloomberg.com/news/2011-...in-red-as-salaries-break-college-budgets.html
 
CTEagle said:
As an overtaxed taxpayer in the state of CT, I am appalled at his salary. Just Ridiculous.
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Are you appalled at other coaches' salaries, or just the women's basketball coach? If I lived in CT, I'd be more upset at Pasqualoni's salary, given the crappy results he's delivered.

The UConn women's bb program makes money.
 
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huskymedic said:
NOTE: No General Fund (state tax dollars) or tuition monies are used to provide any of the resources for this contract. The Division of Athletics at the University of Connecticut is an Auxiliary Service Fund entity and the sources of revenue include: gate receipts, private fundraising, corporate partnerships, television/radio rights, BIG EAST Conference revenues and NCAA revenues.
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Five of those are heading in the wrong direction, no? -- edit: line meant to back the OP, not the absurd CTEagle. he can ask the vatican for a loan.
 
ruskin said:
Five of those are heading in the wrong direction, no? -- edit: line meant to back the OP, not the absurd CTEagle. he can ask the vatican for a loan.
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Nobody really knows about the corporate partnership and private fundraising $$ in depth. Not even sure about televsion/radio rights as it applies to WBB - seen nothing definative just speculation. Attendance has been diving. I imagine w/ other department challenges - they are living within their means w/ WBB (my opinion).
 
huskymedic said:
Nobody really knows about the corporate partnership and private fundraising in depth. Not even sure about televsion/radio rights as it applies to WBB - seen nothing definative just speculation. Attendance has been diving. I imagine w/ other department challenges - they are living within their means w/ WBB (my opinion).
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I believe the total revenue numbers in the Equity in Athletics Title IX annual report are pretty reliable -- that is, I don't think UConn has any more athletic revenue hidden anywhere beyond the $63 million it brought in last year. We'd have the freakin US Dept of Education on us faster than the NCAA if those numbers started getting fudged.
 
ruskin said:
I believe the total revenue numbers in the Equity in Athletics Title IX annual report are pretty reliable -- that is, I don't think UConn has any more athletic revenue hidden anywhere beyond the $63 million it brought in last year. We'd have the freakin US Dept of Education on us faster than the NCAA if those numbers started getting fudged.
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I'm not an expert by any stretch on that but people here profess that there are different ways to apply accounting principles in that regard (argument always seems to be used when a report about Louisville Athletic Department profitability comes out - "the numbers aren't real").
 
If the women's program was not as big as it is UConn is not known as a big time BB school, regardless of the 3 men's NC's . Remember many don't think of us as a Duke, UNC, Kentucky, etc.

The women may not make money but what they have done for exposure can't be measured in dollars.
 
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Geno Auriemma Signs 5-Year Contract Extension At UConn

After UConn defeated his team by 68 points in the first round of the NCAA Tournament last week at Gampel Pavilion, Idaho coach Jon Newlee compared Geno Auriemma to James Naismith, the inventor of basketball, and UCLA coach John Wooden, its renowned wizard.
On Tuesday, UConn made sure Auriemma was paid like it.
Auriemma and UConn have agreed to a five-year contract extension that will run through 2017-18 and take Hall of Fame coach to his 64th birthday.
Auriemma, 59, will earn $10.8 million, not including bonuses, making him the highest paid women's basketball coach in history. His last deal paid $8 million over five years.
Auriemma, who has led UConn to 30 or more wins in each of the past eight seasons and has won seven national championships, will receive a base salary of $400,000 each year, which runs from April 15 to April 14 of each year.
http://www.courant.com/sports/uconn-women/hc-geno-auriemma-contract-0328-20130327,0,7588213.story
 
http://courantblogs.com/uconn-women/warde-manuel-on-auriemmas-new-deal/

WM -- “It was very hard to compare Geno’s situation to the market [for women's basketball coaches]. But we wanted to make sure what we did, and do it for all of our coaches, was to reward for success. And there is no doubt that Geno has been very successful – by all measures. So in looking things, such as percentage of increase and such, we took it all into consideration and put forth an offer to him that was the product of how we viewed that success, not only on the court, but to the university and the athletic department.

“It’s hard to discern how his salary relates to the amount of income his program and his efforts help generate for the university. But from what we can tell, we are one of the top revenue generators, if not the best, in women’s basketball. So on top of the goodwill and positive attributes he brings to the department and university, he also helps us generate revenue in many ways. “There’s also a lot that women’s basketball does for the university that doesn’t result in direct revenue. We are the only women’s team in the nation with its own television deal [SNY]. He brings consistency, success and many other positive things to UConn. He’s been in 20 straight Sweet 16s. That’s a remarkable achievement."
 
Just a heads up, Geno gives back to the FB program by supporting the boys at The Rent. He pays for a luxury sweet out of his own pocket and stocks it for his guests whether he's there or not. It's a big nut that he cracks for this and really doesn't have the time to attend all the games but he does it anyway. We should focus on all the good he does, the rest will take care of itself. We have idiots on this board running their suck holes to wits end, but don't drop a dime to buy a ticket and support the program. Geno is a good man, lets just focus on the good stuff.
 
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I don't think I have ever watched more than 5 minutes of a women's UConn game but that man deserves everything he has and will get. Personally do not find the women's game entertaining at all, but if others do and UConn is at that top of that food chain all the better. Everything and anything I've ever heard come from him his been entertaining and interesting, and I sometimes wonder when it's all said and done who has done a more amazing job (he or Calhoun). I think sometimes we should just be grateful UConn found them and they found UConn.
 
To me, seeing Uconn invest this much money in a coach suggests the Administration is thinking beyond the new conference. If they think they are going to be in the Metro american 12 for a long time, would they invest tons of money on women's BB? Maybe I am being an optimist and maybe they waited to see exactly what the new TV deals would look like before signing Geno. but between this and the recent front-end loaded FB schedules of home and home games, my own CK says they are planning to be somewhere else in a year or two
 
I wouldn't read too much into it. They have the run out money for 5-7 years so they are covered for the length of the contract.

I've met him a handful of times and he's about the biggest I've ever met but he earned the deal.
 
Geno and the monster program he built are worth every penny. Geno has been an investment that has paid for itself many times over.
 
Geno's just a cool dude, and he's part of what makes UConn what it is. They've made the sweet 16 20 years in a row. Twenty. Years. In a row. I was a toddler the last time they didn't get there. And after that, the 90 game win streak, 13 final fours, 7 national championships, and becoming a member of the basketball hall of fame, the guy still doesn't get very much respect in the grand scheme of sports.

And he's more OK with that than most people would be. I don't know how many opportunities he's had to jump ship to a men's program, but I'll bet he's been asked and continues to be asked. And even with the hand we've been dealt in conference realignment, he's committed to the school. It's nice to see someone who knows that the grass isn't always greener on the other side.

The extension is well deserved. Hope they can hang an 8th banner this year and be a very bright spot in a frustrating time for Husky fans.
 
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