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[QUOTE="intlzncster, post: 2624200, member: 56"]
But that's just it, the market is higher than that now.  Guys with similar experience are getting north of $2mil these days.   And all candidates know this.

So you either have a choice, accept the fact that you'll get either the 6-7 best candidate on your list, or someone who has little experience whatsoever.   Either way, you are increasing your risk substantially to save money.

You're looking to make money on your basketball program.  If you don't invest like other schools do, you will not likely win on their level.  If you don't win, fans lose interest, the school loses money.  There's an ROI factor to consider here.

A few years ago, that $1.5m number would make sense.   But the market changes (rises).

I said it before, but it bears repeating:  [I]Rutgers, of all places, pays $1.5m with a $5m buyout. Over $14m guaranteed. And they did that so they could retain a guy who has gone ‎30-37 (.448). People were going to offer more for THAT record. That's the market. And again, unlike stocks, it's not going to come down anytime soon.

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