Ollie's Next Contract

[BFieldHusky]

What do we offer him? Do we extend out his old contract, or just rip it up and offer him a new 10 year deal with a MUCH HIGHER salary? I would offer him what Donovan is making.

Goodman (the that he is) has an article up this morning with quotes from NBA guys saying it is only a question of when Ollie leaves for the NBA. I hope that Ollie is a lifer here, I think he is that type of loyal guy. But we need to take care of him NOW. He more than deserves it.

 

[8893]

I would have to think the bidding starts at Buzz's reported 7 years for $18M. I see KO ending up close to $3M/ year, for somewhere between 5 and 10 years. More interesting will be the options and buy-out provisions.

 

[DCUconnfan]

I'd think he deserves pretty close to Buzz's reported numbers if I had to guess. What I think will happen is he'll be somewhere in the 500k-750k raise on his base, extended to 7 years, and then loaded with incentives that potentially get him up to 2.5m in total comp. If KO gets 3mil per, he'll be at calhoun's highest salary on his last contract (he was slated to make 3mil base for the 2013-2014 season had he not retired). I've been on board with Ollie from the start, but putting him up that high this soon seems a little lofty.

For reference, see the below link that has all current coaches' salaries (there may be a few private schools not included on here, that happens sometimes, but I'd think all of the head honchos would be accounted for). 2.5mm total comp including incentives will put him in the top 20 overall.

http://www.usatoday.com/sports/college/salaries/ncaab/coach/

 

[intlzncster]

I posted this in another thread, but this is what I think of KO (not) potentially leaving:


The only part I disagree with (and this is more a general comment rather than at the OP) is that I don't see Ollie willingly leaving UCONN for the NBA. Everything I know and have heard about KO's character and actions lead me to that conclusion. Firstly it's not about money for KO, and he has said as much.

He's an incredibly loyal man, and I think that will be in evidence in how he makes decisions about his future with regards to UCONN. You can tell he feels that he owes Calhoun and UCONN a great debt, and that he'd do whatever it took to honor it. I know it sounds over the top with praise, but it is fitting with KO's character that he would sacrifice or put second his future for the betterment of the program and the university. Kevin is the type of man who lives what he preaches.

Lastly, you can see the joy he takes in being a mentor, coach, friend and father to these young men, exactly the same way his predecessor has done.

I know that's all supposition, and you can never say never, but that is my perspective.

 

[8893]

I'd think he deserves pretty close to Buzz's reported numbers if I had to guess. What I think will happen is he'll be somewhere in the 500k-750k raise on his base, extended to 7 years, and then loaded with incentives that potentially get him up to 2.5m in total comp. If KO gets 3mil per, he'll be at calhoun's highest salary on his last contract (he was slated to make 3mil base for the 2013-2014 season had he not retired). I've been on board with Ollie from the start, but putting him up that high this soon seems a little lofty.

For reference, see the below link that has all current coaches' salaries (there may be a few private schools not included on here, that happens sometimes, but I'd think all of the head honchos would be accounted for). 2.5mm total comp including incentives will put him in the top 20 overall.

http://www.usatoday.com/sports/college/salaries/ncaab/coach/

I think he'll end up just shy of $3M/yr. I get the "lofty" point and the comparison to JC's last contract, but KO's stock is rising and we have to pay him well enough to keep the wolves at bay. That wasn't the case with JC's last contract. Although he was in-demand and could have gone elsewhere in theory, the only thing being discussed as an option for him then other than coaching UConn was retirement. I know he's back on the market now, but not in the same capacity. KO is an investment in the future and there isn't any college BB coach in the country with higher stock right now.

He knows, we know and everyone else knows that the Connecticut "terroir" has a lot to do with his success, but that won't stop an NBA team from throwing silly money at him if they want him badly enough. Our job is to make it so that he's not even tempted to listen, at least for a good long while.

 

[RayRay19]

His family lives in Glastonbury. He for once in his life is settled and will make close to 3 million a year for the next 20+ years he is locked in here.

 

[8893]

I posted this in another thread, but this is what I think of KO (not) potentially leaving:


The only part I disagree with (and this is more a general comment rather than at the OP) is that I don't see Ollie willingly leaving UCONN for the NBA. Everything I know and have heard about KO's character and actions lead me to that conclusion. Firstly it's not about money for KO, and he has said as much.

He's an incredibly loyal man, and I think that will be in evidence in how he makes decisions about his future with regards to UCONN. You can tell he feels that he owes Calhoun and UCONN a great debt, and that he'd do whatever it took to honor it. I know it sounds over the top with praise, but it is fitting with KO's character that he would sacrifice or put second his future for the betterment of the program and the university. Kevin is the type of man who lives what he preaches.

Lastly, you can see the joy he takes in being a mentor, coach, friend and father to these young men, exactly the same way his predecessor has done.

I know that's all supposition, and you can never say never, but that is my perspective.

I agree with all of that, except I think you can risk getting burned if you expect to get too much of a loyalty discount in the negotiations. I'd rather reward him for his loyalty than telegraph that we expect him to take a discount for it.

 

[scrappy2.0]

I'd think he deserves pretty close to Buzz's reported numbers if I had to guess. What I think will happen is he'll be somewhere in the 500k-750k raise on his base, extended to 7 years, and then loaded with incentives that potentially get him up to 2.5m in total comp. If KO gets 3mil per, he'll be at calhoun's highest salary on his last contract (he was slated to make 3mil base for the 2013-2014 season had he not retired). I've been on board with Ollie from the start, but putting him up that high this soon seems a little lofty.

For reference, see the below link that has all current coaches' salaries (there may be a few private schools not included on here, that happens sometimes, but I'd think all of the head honchos would be accounted for). 2.5mm total comp including incentives will put him in the top 20 overall.

http://www.usatoday.com/sports/college/salaries/ncaab/coach/

10 years 40mm$$$$

 

[intlzncster]

I agree with all of that, except I think you can risk getting burned if you expect to get too much of a loyalty discount in the negotiations. I'd rather reward him for his loyalty than telegraph that we expect him to take a discount for it.

Oh, without question. I wasn't saying don't pay the man. But if you give him a competitive salary, I don't think the promise of enormous amounts of NBA money is enough to lure him away. That's all I was saying.

 

[UCweCONN]

Squid gets $5.5 million per year and Kentucky is also a state school. Would $2.5-$3 million be enough? We need to stop comparing what his contract should be to JC's. It's about the current market, not the past.

 

[Dave Carlson]

What do we offer him?

All of the money.

 

[sledog]

Had to laugh when Dicki V was saying last nite that KO has made only one mistake - and a huge one: he signed his contract too soon.

 

[intlzncster]

Squid gets $5.5 million per year and Kentucky is also a state school. Would $2.5-$3 million be enough? We need to stop comparing what his contract should be to JC's. It's about the current market, not the past.

To be fair, the political climate is far different in CT than UK. Those grass fed hicks would support 20 million a year if that's what it took to keep Cal.

$2-3 is not unreasonable at all.

 

[BearJWS]

One Hundred Billion Dollars...

 

[Jimmy Serrano]

Enjoy the pep rally, the parade, the media tour, etc.

Then give him Calhoun money. For a lot of years. Do it. Now.

 

[JSB60]

$5M is not unreasonable either, as I wouldn't even consider exchanging KO even up for Cal or Self.

 

[Kitaman]

Pay him according to the University's goal, which I hope is to lock him up for at least 10 years. Whatever it takes to make that happen then do it (with incentives). Since the NBA owners have loot, put an absurd/excessive buyout clause penalty that will discourage the NBA seekers and at least makes the University some money in the event he jumps.

Ollie right now has the leverage, Manuel is on an emotional high so I can't see an unfavorable contract being negotiated. At the end of the day we fans will be protected and secure.

 

[Husky25]

A contract with Mr. Manuel's name already signed with a blank in the salary spot for him to fill in?

He has proven he can recruit (He was the lead I believe on both Facey and Samuel and the only difference between his staff and Calhoun's is Ricky Moore vs. George Blaney).
He can motivate (Do you really need an example?)
He can teach/develop (See rebound differential from the beginning of the year to end. See also FT%. See also Nolan, Philip)
He can coach (Outcoached Jay Wright, Fred Hoiberg, Tom Izzo, Billy Donovan (twice), and John Calipari as well as Mick Cronin, Josh Pastner, and a number of other more experienced coaches).

I, for one, will not bat an eye at the length or amount of this renegotiation. The only requirement I am looking for is a sizable buyout provision.

 

[Uconnj2015]

If i am warde manuel i lock him up asap especially since the lakers job is gonna come open

 

[nyc2014]

10 years $40-$50M, honestly whatever it takes. The program is nothing without the right coach and I think he proved he is. Let's lock him down and not even consider going anywhere else. What an amazing season, hopefully many more to come!

 

[Dooley]

Yeah, I agree with all of the above. We can afford to up his salary from all of the Big East exit fees we've gathered. I'd say $3M/yr is more than fair for both parties. I also agree with a few above that the buyout should be HUGE. Even more than Petrino's at Louisville. Ollie wouldn't be paying it anyway. But let's remove any doubt right now: we want Kevin Ollie to be our MBB coach for when we transition into the B1G.

 

[ConnHuskBask]

PAY THE MAN! EXTEND HIM FOR HOWEVER LONG IT TAKES. KO IS UCONN.

 

[Adios]

Kevin Ollie will likely revolutionize college coaching if he stays and keeps winning. And we might have another Hall of Fame coach on our hands, too.

You do not let KO go. Ever. He is an asset for the school till he breathes his last.

 

[Adios]

Oh, without question. I wasn't saying don't pay the man. But if you give him a competitive salary, I don't think the promise of enormous amounts of NBA money is enough to lure him away. That's all I was saying.

If Billy Donovan can stay at Florida, Ollie can stay at UConn.

 

[HawkHusky]

It needs to be at least 3 mil IMO. I'm perfectly okay with my taxpayer dollars going directly into Ollie's paycheck.