Compare Bobby's Contract terms to his results

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1

Charlotte Men’s Head Basketball Coach Bobby Lutz
Contract: Jan. 4, 2009 – March 31, 2014
Annual Salary: $237,000

Bonuses/Perks:

Coach shall receive $145,000 in supplemental pay each year, which will be paid from non-state funds
$125,000 lump sum longevity incentive payment if coach is employed as head coach on April 30, 2013.
$50,000 annually for radio, television appearances
$15,000 if the team wins the Atlantic 10 Conference Tournament
$10,000 if the team wins or shares the regular season Atlantic 10 conference championship (or the championship of any other athletic conference which the university is a member of)
$10,000 for revenue from TV appearances for the Atlantic 10 Conference
$15,000 if the combined average GPA for the recruited scholarship student-athletes exceeds 2.7 for that academic year.
$10,000 if the combined average GPA for the recruited scholarship student-athletes exceeds 2.5 for that academic year.
$10,000 for each academic year in which the men’s basketball team achieves and Academic Progress Rate score of 1,000.
$8,000 per year plus 20 percent of the difference between the total gross revenue from season tickets in any given season compared to the total gross revenue received for the 2006-07 season, which is agreed to be $406,831
$5,000 for each recruited scholarship student-athlete who graduates from university within two calendar years of the last semester in which the student was eligible to compete.
$5,000 for the sole purposes of operating and promoting coach’s basketball camps.
$1,000 per speaking engagement. No more than 10 per year.
For each student ticket actually utilized for attendance during any one regular season of men’s basketball that is in excess of the number of student tickets utilized during the 2006-07 season, which is agreed to be 11,623 tickets, university will pay coach $3
For individual game tickets sold during any one regular season, the university will pay coach 20 percent of the difference in total gross revenue received from such sales compared to the total gross revenue from such sales in the 2006-07 season, which amounted to $68,591.
During each men’s basketball season, for up to two home games played against teams from any conference whose champion is given automatic bid to a Bowl Championship Series football bowl game, university will pay coach $3 per individual game ticket sold for that game.
For any non-conference games played as home games by university where the opponent is a team with a three-year rolling RPI of 30 or better, university will pay coach a lump sum of $10,000. If the opponent has a three-year rolling RPI of between 31 and 5-0, then the payment will be $5,000. Payments are capped at $20,000.
Coach may schedule up to one away contest per year with a non-conference opponent for which a game guarantee is paid by the host institution. After payment of all expenses associated with the contest, university will pay coach 50 percent of the game guarantee actually paid to the university.
University will pay basic monthly, annual or other basic dues required to maintain a membership in coach’s name at (a) the Old North State Club at Uwharrie Point in New London, N.C. (b) Cabarrus Country Club in Concord, N.C.
5 percent annual salary if the basketball team competes in the NCAA Division I Men’s basketball championship
5 percent annual salary if basketball team reaches the second round of the tournament
5 percent annual salary if team reaches the Sweet 16
5 percent annual salary if the team reaches the Elite 8
5 percent annual salary if the team reaches the Final 4
5 percent annual salary if the team competes in the NCAA Championship
5 percent annual salary if team wins NCAA Championship
5 percent annual salary if coach is names Atlantic 10 Coach of the Year
Coach may waive the payment of all or a portion of any of the bonuses and request that the money be paid to one or more members of his coaching or athletic support staff.
University will provide coach with the use of one late-model automobile, including liability insurance and reasonable costs of operation and maintenance.
University will provide 10 season tickets for the men’s basketball regular season in the lower seating section of Halton Arena at no coast or expense to coach. An additional five season tickets will be made available at no cost to coach in the upper seating section of Halton Arena.
University will reimburse coach the cost of professional tax return preparation for both N.C. and federal individual tax returns.

2

We’ll be CAA football champions before Lutz is gone.

3

Not defending Bobby, but there are many coaches with a better contract who have not done as well. This is a pretty standard contract and on the low end of the scale.

4

Also quite a few coaches who have worse contracts who have performed better.

5

Also quite a few coaches who have worse contracts who have performed better.[/quote]

While that’s true, it isn’t as relevant. The point of this thread is to overwhelm the reader with the perks of Bobby’s contract so that they will be even more upset based on our end of the year performance. Pointing out that those perks are actually more than standard (that is, slightly below standard) is important and gives us perspective. Pointing out that there are coaches with worse contracts that have peformed better than Bobby is certainly true, but not really news to anyone…I imagine?

6

It may not be the best contract, but it certainly isn’t bad. Charlotte has a pretty low cost of living.

Also, he’s accomplished nothing worthwhile in 5 years, so…

7

Hmmm. If Lutz is not our coach on April 15, 2013, he loses a $125,000.00 longevity bonus. Bet he’d like to stick around?

8

That bonus is prorated on how long he stays, so he’s going to get at least a chunk of it.

9

yup, avg NCAA tourny coach made 800k 2 yrs ago

10

[quote=“eason49, post:6, topic:22735”]It may not be the best contract, but it certainly isn’t bad. Charlotte has a pretty low cost of living.

Also, he’s accomplished nothing worthwhile in 5 years, so…[/quote]

low cost of living? compared to where? Most BCS schools are in 50,000 population towns

11

[quote=“metro, post:10, topic:22735”][quote=“eason49, post:6, topic:22735”]It may not be the best contract, but it certainly isn’t bad. Charlotte has a pretty low cost of living.

Also, he’s accomplished nothing worthwhile in 5 years, so…[/quote]

low cost of living? compared to where? Most BCS schools are in 50,000 population towns[/quote] “Most”? That’s not true. Most might be in smaller cities than Charlotte, but not that much smaller.

12

[quote=“9erken, post:11, topic:22735”][quote=“metro, post:10, topic:22735”][quote=“eason49, post:6, topic:22735”]It may not be the best contract, but it certainly isn’t bad. Charlotte has a pretty low cost of living.

Also, he’s accomplished nothing worthwhile in 5 years, so…[/quote]

low cost of living? compared to where? Most BCS schools are in 50,000 population towns[/quote] “Most”? That’s not true. Most might be in smaller cities than Charlotte, but not that much smaller.[/quote]

Roughly half of them have populations under 100,000. Only 4 are in larger cities than Charlotte: USC, UCLA, Ohio State, and Texas. The closest smaller city is Vanderbilt in Nashville. Charlotte has a population of 690,000, give or take.

13

[quote=“9erken, post:11, topic:22735”][quote=“metro, post:10, topic:22735”][quote=“eason49, post:6, topic:22735”]It may not be the best contract, but it certainly isn’t bad. Charlotte has a pretty low cost of living.

Also, he’s accomplished nothing worthwhile in 5 years, so…[/quote]

low cost of living? compared to where? Most BCS schools are in 50,000 population towns[/quote] “Most”? That’s not true. Most might be in smaller cities than Charlotte, but not that much smaller.[/quote]
Athens
Columbia
Clemson
Blacksburg
Charlottesville
Knoxville
Huntington WV
Penn St
Gainsville
Tallahasse
K state
KU
Ark
Alabama
Auburn
Mizzou
etc etc etc

come on…this is too easy…of course most BCS schools are in small towns- college towns

you can’t make the argument Bobby’s salary is a good deal for him because of “cost of living in CLT”…its certainly cheaper here than NYC, DC, and LA

14

[quote=“metro, post:13, topic:22735”][quote=“9erken, post:11, topic:22735”][quote=“metro, post:10, topic:22735”][quote=“eason49, post:6, topic:22735”]It may not be the best contract, but it certainly isn’t bad. Charlotte has a pretty low cost of living.

Also, he’s accomplished nothing worthwhile in 5 years, so…[/quote]

low cost of living? compared to where? Most BCS schools are in 50,000 population towns[/quote] “Most”? That’s not true. Most might be in smaller cities than Charlotte, but not that much smaller.[/quote]
Athens - 113,398
Columbia (SC?) - 127,029
Clemson -
Blacksburg
Charlottesville
Knoxville - 183,576
Huntington WV
Penn St
Gainsville - 278,375
Tallahasse - 171,922
K state
KU (Lawrence) - 90,520
Ark
Alabama (Tuscaloosa) - 90,221
Auburn
Mizzou - 100,733 MO
etc etc etc

come on…this is too easy…of course most BCS schools are in small towns- college towns

you can’t make the argument Bobby’s salary is a good deal for him because of “cost of living in CLT”…its certainly cheaper here than NYC, DC, and LA[/quote] You might want to check the population of those cities before listing them, may find it’s not as easy as you think. I noticed you left a few out, all of which have more than 100,000 population, and many of which are larger than Charlotte (left out several between 50-100,000):

Durham
Raleigh
Winston Salem
Atlanta
Boston
Miami
Waco, TX
Austin
Boulder
Norman, OK
Lincoln, NE
Syracuse
Pittsburgh
Philadelphia
Milwaukee
Louisville
Washington DC
Tampa
South Bend, IN
New York
Cincinnati
Providence, RI
Chicago
Madison, WI
Lansing, MI
Ann Arbor, MI
Columbus OH
Champaign-Urbana, IL
Berkeley
Tuscon
Seattle
Tempe, AZ
Los Angeles
Eugene, OR
Lexington, KY
Nashville, TN
Baton Rouge, LA

Aside from the basic error in your post, I might agree with your point. Cost of living in Charlotte is probably comparable to the middle of the road of bcs schools, but remember that many of those smaller college towns are more expensive than Charlotte. E.g. Madison, WI is much pricier than Charlotte.

15

jeezy-peezy, guys! this is going to be one-long-off-season!

16

yup, avg NCAA tourny coach made 800k 2 yrs ago[/quote]And that’s possibly watered down a bit due to one-bid conferences. I wonder what the average salary for teams receiving at-large bids was.

17

yup, avg NCAA tourny coach made 800k 2 yrs ago[/quote]And that’s possibly watered down a bit due to one-bid conferences. I wonder what the average salary for teams receiving at-large bids was.[/quote]

I think the median salary would be the best way to evaluate this.

18

[quote=“9erken, post:14, topic:22735”][quote=“metro, post:13, topic:22735”][quote=“9erken, post:11, topic:22735”][quote=“metro, post:10, topic:22735”][quote=“eason49, post:6, topic:22735”]It may not be the best contract, but it certainly isn’t bad. Charlotte has a pretty low cost of living.

Also, he’s accomplished nothing worthwhile in 5 years, so…[/quote]

low cost of living? compared to where? Most BCS schools are in 50,000 population towns[/quote] “Most”? That’s not true. Most might be in smaller cities than Charlotte, but not that much smaller.[/quote]
Athens - 113,398
Columbia (SC?) - 127,029
Clemson -
Blacksburg
Charlottesville
Knoxville - 183,576
Huntington WV
Penn St
Gainsville - 278,375
Tallahasse - 171,922
K state
KU (Lawrence) - 90,520
Ark
Alabama (Tuscaloosa) - 90,221
Auburn
Mizzou - 100,733 MO
etc etc etc

come on…this is too easy…of course most BCS schools are in small towns- college towns

you can’t make the argument Bobby’s salary is a good deal for him because of “cost of living in CLT”…its certainly cheaper here than NYC, DC, and LA[/quote] You might want to check the population of those cities before listing them, may find it’s not as easy as you think. I noticed you left a few out, all of which have more than 100,000 population, and many of which are larger than Charlotte (left out several between 50-100,000):

Durham
Raleigh
Winston Salem
Atlanta
Boston
Miami
Waco, TX
Austin
Boulder
Norman, OK
Lincoln, NE
Syracuse
Pittsburgh
Philadelphia
Milwaukee
Louisville
Washington DC
Tampa
South Bend, IN
New York
Cincinnati
Providence, RI
Chicago
Madison, WI
Lansing, MI
Ann Arbor, MI
Columbus OH
Champaign-Urbana, IL
Berkeley
Tuscon
Seattle
Tempe, AZ
Los Angeles
Eugene, OR
Lexington, KY
Nashville, TN
Baton Rouge, LA

Aside from the basic error in your post, I might agree with your point. Cost of living in Charlotte is probably comparable to the middle of the road of bcs schools, but remember that many of those smaller college towns are more expensive than Charlotte. E.g. Madison, WI is much pricier than Charlotte.[/quote]

Actually, if you want to look at actual population of the actual city that the school is in, only LA, Columbus, and Austin have larger populations than Charlotte. Many are close, and certainly many are very large cities, or in suburbs or large cities, but only USC, UCLA, Ohio State, and the University of Texas are in larger cities.

31 of the 66 BCS schools are in cities with populations under 100,000, and 10 (+/-) have populations under 50,000.

19

yup, avg NCAA tourny coach made 800k 2 yrs ago[/quote]And that’s possibly watered down a bit due to one-bid conferences. I wonder what the average salary for teams receiving at-large bids was.[/quote]

I think the median salary would be the best way to evaluate this.[/quote]Take your measures of central tendency and shove them.

20

[quote=“Noreaster, post:18, topic:22735”]Actually, if you want to look at actual population of the actual city that the school is in, only LA, Columbus, and Austin have larger populations than Charlotte. Many are close, and certainly many are very large cities, or in suburbs or large cities, but only USC, UCLA, Ohio State, and the University of Texas are in larger cities.

31 of the 66 BCS schools are in cities with populations under 100,000, and 10 (+/-) have populations under 50,000.[/quote] Left out New York City (St. Johns). It looks like Louisville is bigger too city-only, but metro probably smaller.

You’re right though, metropolitan areas would be more accurate to say “many” are larger than Charlotte (Chicago, Boston, Seattle, Miami, Atlanta, DC, Milwaukee, Austin (surprisingly to me), Pittsburgh, Philadelphia, NYC, and Phoenix(Tempe) fall in this category). Still, based on what you say, more than half are in cities over 100,000, and 5/6 of them are cities over 50,000.