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Topic:  RE: If I were the AD, I'd offer Jeff Boals a 10-year contract right now

Topic:  RE: If I were the AD, I'd offer Jeff Boals a 10-year contract right now
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giacomo
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  Message Not Read  RE: If I were the AD, I'd offer Jeff Boals a 10-year contract right now
   Posted: 2/6/2022 9:21:22 PM 
It’s up to him. He either wants to be a lifer in Athens or a P5er. I wouldn’t offer him a nickel more. He knows he can stay if he wants to. At 581k per year he’s making enough coin.

Last Edited: 2/6/2022 9:25:09 PM by giacomo
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Jeff McKinney
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  Message Not Read  RE: If I were the AD, I'd offer Jeff Boals a 10-year contract right now
   Posted: 2/6/2022 9:24:26 PM 
Pete Chouteau wrote:
I do prefer this conversation than debating whether we should eat a buyout or let a contract expire.

But to think Ohio is in any position to lock up anybody, even Jeff Boals, is naive.

We have not shown any capacity as a booster group to step up. Period. Full stop.


Agree
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Jeff McKinney
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  Message Not Read  RE: If I were the AD, I'd offer Jeff Boals a 10-year contract right now
   Posted: 2/6/2022 9:29:51 PM 
Recovering Journalist wrote:
A hefty buyout is the only way renegotiating the contract makes any sense. The university's still not healthy financially and the athletic department loses millions every year. It's propped up by mandatory student fees, many of which are paid by students who don't care if a basketball team even exists. If you were AD, you'd have a lot of justifying to do to give anyone a raise using more university dollars - and you'd be inviting a lot of outrage even if you could.

Everyone on this site wants great coaches and continuity but when even the lowliest P5 program can easily quadruple your best possible offer it's a fool's errand to think that finding a few hundred grand will really move the needle. I think it's safe to assume Boals is happy in Athens, but it's also safe to assume he is hypercompetitive and would love to win at the highest level. And it's also safe to assume he can tell the difference between the very best Ohio can offer and the average P5 offer.

Right now he makes $581,000 for himself and $381,000 for his assistants while hoping to win the MAC's single bid. He also rides a bus most places and his team doesn't even have a practice gym.

For comparison to a "crappy" job in a P5:

Nebraska is a "football school" that's winless in the B1G this year and coach Fred Hoiberg is in the midst of a guaranteed seven-year $25 million contract. His assistants make $1 million a year. His team practices in a facility that looks like a country club. His league sent nine teams to the NCAA Tournament last year.

But yeah, Jeff Boals, who lives in suburban Columbus, just loves Athens too much to leave for a job like that. And if we scrape together enough pennies Ohio can compete with a job like that. There's not enough green Kool-Aid in the world to make me believe that.

I've said it before but it bears repeating: let's just enjoy what we have while we have it.


Agree.

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Victory
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  Message Not Read  RE: If I were the AD, I'd offer Jeff Boals a 10-year contract right now
   Posted: 2/7/2022 8:02:29 AM 
Club Hyatt wrote:
Bobcat Love's Sense of Shame wrote:
Victory wrote:
They are looking for something for the University in return.


I don't doubt that this is true. But it's anybody able to articulate the return from football? I'm not an expert on these things by any stretch, so it could well be obvious and I'd still miss it. But where are we seeing the ROI from football?


What he means is the budget is the way it is to cover the expenses the way they are. Cut a few sports, the university spends less and its a smaller budget.


I think, again, you are completely, totally missing the point. You are thinking like a fan and the people making the athletic budget decisions, I promise you, are not. This isn't like a family entertainment budget where I might have $75 in my pocket that I have decided to blow for the sake of making myself feel entertained and if I don't spend it on dinner and movie then I have it to spend on going to the game. Your response indicates to me that your thinking about the school's athetic budget like this and if you are then you are, I think, completely out of touch with reality.

The athletic budget is more like your company's marketing budget. They spend that money because they think it will, in the long run, generate slightly more money for the company in return. Otherwise, they wouldn't spend it. They spend millions on football because they believe that the University, in the long run, would be millions worse off if they didn't spend it. Spending the millions on field hockey instead of football wouldn't generate as much money in the long run so they won't make that decision. So even though they woukd have spent the same amount, in the end, the opportunity cost of the field hockey decision would in effect be a net loss of millions of dollars. The same, in the people doing this business analysis, applies to spending it on basketball. Yes, the reality is far more complicated than this, and more complicated than we could discuss on a message board, and more complicated than I understand also because I am not in that business but it definitely IS NOT a we have a million bucks and we can either decide to spend it on basketball or football decision. That isn't anywhere close to how this decision works.
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Andrew Ruck
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  Message Not Read  RE: If I were the AD, I'd offer Jeff Boals a 10-year contract right now
   Posted: 2/7/2022 8:14:48 AM 
Bobcat1998 wrote:
Coach Boals will be big time soonwr than later. The guy I love is Lamar Thornton. I would love for him to be a coach in waiting. Jeff is destined for big things and so is Lamar but if Jeff leaves we need to hire Lamar the next day.


Agree with this and/or Lee Martin. The system and brand of basketball is great...maintain it best you can while also appeasing current and incoming players. No brainer in my book.

Last Edited: 2/7/2022 8:28:04 AM by Andrew Ruck

Andrew Ruck
B.B.A. 2003

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BillyTheCat
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  Message Not Read  RE: If I were the AD, I'd offer Jeff Boals a 10-year contract right now
   Posted: 2/7/2022 8:29:15 AM 
giacomo wrote:
It’s up to him. He either wants to be a lifer in Athens or a P5er. I wouldn’t offer him a nickel more. He knows he can stay if he wants to. At 581k per year he’s making enough coin.


Fortunately, you are not making the decisions.
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OU_Country
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  Message Not Read  RE: If I were the AD, I'd offer Jeff Boals a 10-year contract right now
   Posted: 2/7/2022 9:25:40 AM 
BillyTheCat wrote:
giacomo wrote:
It’s up to him. He either wants to be a lifer in Athens or a P5er. I wouldn’t offer him a nickel more. He knows he can stay if he wants to. At 581k per year he’s making enough coin.


Fortunately, you are not making the decisions.


+1
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colobobcat66
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  Message Not Read  RE: If I were the AD, I'd offer Jeff Boals a 10-year contract right now
   Posted: 2/7/2022 9:32:56 AM 
Club Hyatt wrote:
Bobcat Love's Sense of Shame wrote:
Victory wrote:
They are looking for something for the University in return.


I don't doubt that this is true. But it's anybody able to articulate the return from football? I'm not an expert on these things by any stretch, so it could well be obvious and I'd still miss it. But where are we seeing the ROI from football?


What he means is the budget is the way it is to cover the expenses the way they are. Cut a few sports, the university spends less and its a smaller budget.


I think we are at or near the minimum sports needed to stay in the MAC
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BillyTheCat
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  Message Not Read  RE: If I were the AD, I'd offer Jeff Boals a 10-year contract right now
   Posted: 2/7/2022 10:25:47 AM 
colobobcat66 wrote:
Club Hyatt wrote:
Bobcat Love's Sense of Shame wrote:
Victory wrote:
They are looking for something for the University in return.


I don't doubt that this is true. But it's anybody able to articulate the return from football? I'm not an expert on these things by any stretch, so it could well be obvious and I'd still miss it. But where are we seeing the ROI from football?


What he means is the budget is the way it is to cover the expenses the way they are. Cut a few sports, the university spends less and its a smaller budget.


I think we are at or near the minimum sports needed to stay in the MAC


NOT just the MAC, but to maintain Division I status. You must have 7 men's and 7 women's or 6 men's and 8 women's sports. So we have basically no room to cut anything! Unless you want to take basketball down to NCAA Division II
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colobobcat66
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  Message Not Read  RE: If I were the AD, I'd offer Jeff Boals a 10-year contract right now
   Posted: 2/7/2022 10:40:32 AM 
Recovering Journalist wrote:
A hefty buyout is the only way renegotiating the contract makes any sense. The university's still not healthy financially and the athletic department loses millions every year. It's propped up by mandatory student fees, many of which are paid by students who don't care if a basketball team even exists. If you were AD, you'd have a lot of justifying to do to give anyone a raise using more university dollars - and you'd be inviting a lot of outrage even if you could.

Everyone on this site wants great coaches and continuity but when even the lowliest P5 program can easily quadruple your best possible offer it's a fool's errand to think that finding a few hundred grand will really move the needle. I think it's safe to assume Boals is happy in Athens, but it's also safe to assume he is hypercompetitive and would love to win at the highest level. And it's also safe to assume he can tell the difference between the very best Ohio can offer and the average P5 offer.

Right now he makes $581,000 for himself and $381,000 for his assistants while hoping to win the MAC's single bid. He also rides a bus most places and his team doesn't even have a practice gym.

For comparison to a "crappy" job in a P5:

Nebraska is a "football school" that's winless in the B1G this year and coach Fred Hoiberg is in the midst of a guaranteed seven-year $25 million contract. His assistants make $1 million a year. His team practices in a facility that looks like a country club. His league sent nine teams to the NCAA Tournament last year.

But yeah, Jeff Boals, who lives in suburban Columbus, just loves Athens too much to leave for a job like that. And if we scrape together enough pennies Ohio can compete with a job like that. There's not enough green Kool-Aid in the world to make me believe that.

I've said it before but it bears repeating: let's just enjoy what we have while we have it.

This all makes sense to me. Enjoy the ride while we can.
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giacomo
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  Message Not Read  RE: If I were the AD, I'd offer Jeff Boals a 10-year contract right now
   Posted: 2/7/2022 11:00:41 AM 
BillyTheCat wrote:
giacomo wrote:
It’s up to him. He either wants to be a lifer in Athens or a P5er. I wouldn’t offer him a nickel more. He knows he can stay if he wants to. At 581k per year he’s making enough coin.


Fortunately, you are not making the decisions.


Then get out your checkbook.
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BillyTheCat
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  Message Not Read  RE: If I were the AD, I'd offer Jeff Boals a 10-year contract right now
   Posted: 2/7/2022 11:05:41 AM 
giacomo wrote:
BillyTheCat wrote:
giacomo wrote:
It’s up to him. He either wants to be a lifer in Athens or a P5er. I wouldn’t offer him a nickel more. He knows he can stay if he wants to. At 581k per year he’s making enough coin.


Fortunately, you are not making the decisions.


Then get out your checkbook.


I give quite a bit thank you. And the University does not need my money to give Jeff a well deserved raise. Last year looks like he earned $35k in bonus money, and hopefully he gets significantly more than that this year.

Details of Boal's contract and bonuses:

Former Stony Brook Coach Jeff Boals signed a five-year contract with Ohio in the offseason that terminates on April 1, 2024. Boals will earn an annual base salary of $581,000.

He also received a $25,000 signing bonus and Ohio University paid Stony Brook a $50,000 buyout.

Boals’ assistant coach salary pool is $341,000 for three assistant coaches.

Boals can earn additional compensation from performance-based incentives:

If Ohio has a winning conference record: $5,000
If Boals wins MAC Coach of the Year: $5,000
If Ohio reaches an agreed-upon APR score: $5,000
If Ohio wins the MAC regular season championship: $10,000
If Ohio wins the MAC Tournament: $10,000
If Ohio makes an NIT appearance: $5,000
If Ohio plays in the NIT championship: $10,000
If Ohio receives an at-large bid to the NCAA Tournament: $10,000
If Ohio wins one or more game(s) in the NCAA Tournament: $10,000 per win
If Ohio reaches the Sweet 16: $30,000
If Ohio reaches the Final Four: $75,000
If Ohio wins the national championship: $100,000


Boals will also receive a courtesy car from the university or a comparable monthly stipend of $750.

Ohio provided reimbursement of Boals’ relocation expenses and the university will maintain a club membership for Boals.

If Ohio terminates Boals’ contract without cause, the university will owe him the following:

Between March 18, 2019 and April 1, 2020: $950,000
Between April 2, 2020 and April 1, 2021: $850,000
Between April 2, 2021 and April 1, 2022: $750,000
Between April 2, 2022 and April 1, 2023: $650,000
Between April 2, 2023 and April 1, 2024: The percentage of Boals’ $581,000 annual base salary that is equal to the number of days remaining in the agreement divided by 365


Boals agreed to make “reasonable efforts” to mitigate the university’s obligations to pay liquidated damages in the case that his contract is terminated.

If Boals terminates his contract with Ohio before the contract is over, he’ll owe the university the following:

Between March 18, 2019 and April 1, 2020: $950,000
Between April 2, 2020 and April 1, 2021: $850,000
Between April 2, 2021 and April 1, 2022: $750,000
Between April 2, 2022 and April 1, 2023: $650,000
Between April 2, 2023 and April 1, 2024: The percentage of Boals’ $581,000 annual base salary that is equal to the number of days remaining in the agreement divided by 365

Last Edited: 2/7/2022 11:09:05 AM by BillyTheCat
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cc-cat
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  Message Not Read  RE: If I were the AD, I'd offer Jeff Boals a 10-year contract right now
   Posted: 2/7/2022 11:23:05 AM 
BillyTheCat wrote:
[Boals’ assistant coach salary pool is $341,000 for three assistant coaches.


THIS is a key area. When a head coach (HC) leaves, they often take assistants wit them. They are often a team unto themselves. So when a HC leaves for a better paying job, it is also a way of taking care of the assistants. Therefore, any bump in HC pay needs a corresponding uptick for assistants. I don't know Boals at all, but my gut tells me that if we bumped his assistants up to $450,000 - $500,000 total he'd appreciate that more than himself getting an additional $160,000. P.S. - spare me the "$125,000 goes a long ways in Athens" speech. That is not what this discussion is about.


FWIW - subjective but interesting

https://watchstadium.com/mac-college-basketball-coaches-r... /


Final edit - according to this, Boals is the highest paid coach in the MAC (by far) and #9 in mid-majors - Mark Few #1. $150,000 more puts him #2 and sends a message.

https://docs.google.com/spreadsheets/d/1ziLelnv_vGFTOFHw2...

Last Edited: 2/7/2022 11:55:09 AM by cc-cat
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BillyTheCat
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  Message Not Read  RE: If I were the AD, I'd offer Jeff Boals a 10-year contract right now
   Posted: 2/7/2022 12:18:18 PM 
He is NOT #9 in Mid-Major, as many are private schools and did not participate in that little survey of that publication.
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cc-cat
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  Message Not Read  RE: If I were the AD, I'd offer Jeff Boals a 10-year contract right now
   Posted: 2/7/2022 12:45:25 PM 
But APPEARS to be #1 in the MAC as they all participated. Hey the ALL CAP thing is fun. Not really of value, but fun.

Sorry, I guess I should have clarified by saying "according to this" so as not to imply it was absolute, Oh wait...

But let's try to make post provide contribution - the point is he is already well paid among mid-majors (especially those at public schools - lol). A deserved raise would put him in elite air and send a message to he, his staff, our competition, and recruits/players..

Last Edited: 2/7/2022 12:56:29 PM by cc-cat
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FearLeon
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  Message Not Read  RE: If I were the AD, I'd offer Jeff Boals a 10-year contract right now
   Posted: 2/7/2022 1:02:23 PM 
Club Hyatt wrote:
Recovering Journalist wrote:
A hefty buyout is the only way renegotiating the contract makes any sense. The university's still not healthy financially and the athletic department loses millions every year. It's propped up by mandatory student fees, many of which are paid by students who don't care if a basketball team even exists. If you were AD, you'd have a lot of justifying to do to give anyone a raise using more university dollars - and you'd be inviting a lot of outrage even if you could.

Everyone on this site wants great coaches and continuity but when even the lowliest P5 program can easily quadruple your best possible offer it's a fool's errand to think that finding a few hundred grand will really move the needle. I think it's safe to assume Boals is happy in Athens, but it's also safe to assume he is hypercompetitive and would love to win at the highest level. And it's also safe to assume he can tell the difference between the very best Ohio can offer and the average P5 offer.

Right now he makes $581,000 for himself and $381,000 for his assistants while hoping to win the MAC's single bid. He also rides a bus most places and his team doesn't even have a practice gym.

For comparison to a "crappy" job in a P5:

Nebraska is a "football school" that's winless in the B1G this year and coach Fred Hoiberg is in the midst of a guaranteed seven-year $25 million contract. His assistants make $1 million a year. His team practices in a facility that looks like a country club. His league sent nine teams to the NCAA Tournament last year.

But yeah, Jeff Boals, who lives in suburban Columbus, just loves Athens too much to leave for a job like that. And if we scrape together enough pennies Ohio can compete with a job like that. There's not enough green Kool-Aid in the world to make me believe that.

I've said it before but it bears repeating: let's just enjoy what we have while we have it.


I don't see what the university has to lose to give something like a 10 year extension for Boals pre Cleveland a shot. Any contract like that is going to come with a significant buyout so the university might actually come out ahead financially if he goes elsewhere early.

That also gives Boals time to wait until that one big season if he chooses to before making a move. This year he could make the dance but be 1 and done in the NCAAs. Next year not even make the NCAAs but the following year make a Sweet 16. He doesn't have to take the first train out of dodge here because this is the type of program that can reload quickly.

If he makes it 8 years in Athens that is a long term coach in my view. He doesn't have to coach until retirement in Athens to have an impactful tenure.


+1

Great post



#BleedGreen #TrentIsGOAT

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Recovering Journalist
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  Message Not Read  RE: If I were the AD, I'd offer Jeff Boals a 10-year contract right now
   Posted: 2/7/2022 1:47:11 PM 
Club Hyatt wrote:


I don't see what the university has to lose to give something like a 10 year extension for Boals pre Cleveland a shot. Any contract like that is going to come with a significant buyout so the university might actually come out ahead financially if he goes elsewhere early.

That also gives Boals time to wait until that one big season if he chooses to before making a move. This year he could make the dance but be 1 and done in the NCAAs. Next year not even make the NCAAs but the following year make a Sweet 16. He doesn't have to take the first train out of dodge here because this is the type of program that can reload quickly.

If he makes it 8 years in Athens that is a long term coach in my view. He doesn't have to coach until retirement in Athens to have an impactful tenure.


He's already had an impactful tenure. He holds one of eight total NCAA wins in program history. If the stars align again he might notch another one soon.

But what the university has to lose is money it already doesn't have to outspend conference peers that it's already outspending. As I said in my post, you might be able to make a case if you're asking a king's ransom for a buyout, but most buyouts start high-ish and step down with each year (unlike that new salary).

For comparison, when UB redid Nate Oats' contract, they bumped him from $600,000 to $837,000. His first-year buyout, which was exercised literally less than weeks later when Alabama nabbed him, was $750,000. That buyout dropped to $500,000, $400,000, $350,000 then $300,000 in subsequent years. Hard to imagine Boals or his agent allowing Ohio to demand much more than that but who knows?

But let's assume Ohio can do something similar for Boals that UB did for Oats. If they shook every couch cushion and were willing to withstand the political heat of doing it, they could give him $250,000 more a year. I think it's safe to say it's not coming from the 30 or so nerds like us who regularly post here, so it'll have to come out of the athletics budget, so it means less money for something else, whether that's charter flights, fitness, salaries elsewhere, etc. All to lock up a coach that you're not actually locking up.
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BillyTheCat
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  Message Not Read  RE: If I were the AD, I'd offer Jeff Boals a 10-year contract right now
   Posted: 2/7/2022 1:49:00 PM 
Like any organization, OHIO University has the money to spend if they want to spend the money. It's really just that simple.
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FearLeon
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  Message Not Read  RE: If I were the AD, I'd offer Jeff Boals a 10-year contract right now
   Posted: 2/7/2022 2:04:23 PM 
Recovering Journalist wrote:
Club Hyatt wrote:


I don't see what the university has to lose to give something like a 10 year extension for Boals pre Cleveland a shot. Any contract like that is going to come with a significant buyout so the university might actually come out ahead financially if he goes elsewhere early.

That also gives Boals time to wait until that one big season if he chooses to before making a move. This year he could make the dance but be 1 and done in the NCAAs. Next year not even make the NCAAs but the following year make a Sweet 16. He doesn't have to take the first train out of dodge here because this is the type of program that can reload quickly.

If he makes it 8 years in Athens that is a long term coach in my view. He doesn't have to coach until retirement in Athens to have an impactful tenure.


I think it's safe to say it's not coming from the 30 or so nerds like us who regularly post here, so it'll have to come out of the athletics budget, so it means less money for something else, whether that's charter flights, fitness, salaries elsewhere, etc.


"30 nerds who post here" this made me laugh and true. Good one.



#BleedGreen #TrentIsGOAT

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giacomo
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  Message Not Read  RE: If I were the AD, I'd offer Jeff Boals a 10-year contract right now
   Posted: 2/7/2022 3:53:26 PM 
I couldn’t care less if he leaves tomorrow. We’ll find another coach and life will go on. It appears he likes it here and will stay. Until he doesn’t. He’s doing a good job and I hope he does stay.
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  Message Not Read  RE: If I were the AD, I'd offer Jeff Boals a 10-year contract right now
   Posted: 2/7/2022 4:17:35 PM 
giacomo wrote:
I couldn’t care less if he leaves tomorrow. We’ll find another coach and life will go on. It appears he likes it here and will stay. Until he doesn’t. He’s doing a good job and I hope he does stay.


You were doing really well in your role as grumpy contrarian until you managed to actually contradict yourself.

If you couldn't care less, how do you manage to care enough to "hope he does stay" and take the time to post about it?
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JSF
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  Message Not Read  RE: If I were the AD, I'd offer Jeff Boals a 10-year contract right now
   Posted: 2/7/2022 4:35:37 PM 
FearLeon wrote:
Recovering Journalist wrote:
Club Hyatt wrote:


I don't see what the university has to lose to give something like a 10 year extension for Boals pre Cleveland a shot. Any contract like that is going to come with a significant buyout so the university might actually come out ahead financially if he goes elsewhere early.

That also gives Boals time to wait until that one big season if he chooses to before making a move. This year he could make the dance but be 1 and done in the NCAAs. Next year not even make the NCAAs but the following year make a Sweet 16. He doesn't have to take the first train out of dodge here because this is the type of program that can reload quickly.

If he makes it 8 years in Athens that is a long term coach in my view. He doesn't have to coach until retirement in Athens to have an impactful tenure.


I think it's safe to say it's not coming from the 30 or so nerds like us who regularly post here, so it'll have to come out of the athletics budget, so it means less money for something else, whether that's charter flights, fitness, salaries elsewhere, etc.


"30 nerds who post here" this made me laugh and true. Good one.


There are dozens of us. Dozens!

"Loyalty to a hometown or city is fleeting and interchangeable, but college is a stamp of identity."- Kyle Whelliston, One Beautiful Season.

My blog about depression and mental illness: https://bit.ly/3buGXH8

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FearLeon
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  Message Not Read  RE: If I were the AD, I'd offer Jeff Boals a 10-year contract right now
   Posted: 2/7/2022 5:21:31 PM 
Recovering Journalist wrote:
giacomo wrote:
I couldn’t care less if he leaves tomorrow. We’ll find another coach and life will go on. It appears he likes it here and will stay. Until he doesn’t. He’s doing a good job and I hope he does stay.


You were doing really well in your role as grumpy contrarian until you managed to actually contradict yourself.

If you couldn't care less, how do you manage to care enough to "hope he does stay" and take the time to post about it?


+1

You beat me to it.

Hilarious.



#BleedGreen #TrentIsGOAT

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giacomo
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  Message Not Read  RE: If I were the AD, I'd offer Jeff Boals a 10-year contract right now
   Posted: 2/7/2022 9:34:04 PM 
I do hope he stays. But if he leaves, so what? It’s his choice. Life goes on. What is truly funny are these half baked ideas to pay what we can’t afford and for what? So you can up your cocktail banter and say your Alma Mater is paying our coach 1M per? I guess you had Econ 101 at 8am and were sleeping off your Swanky’s hangover.
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JSF
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Member Since: 1/29/2005
Location: Houston, TX
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  Message Not Read  RE: If I were the AD, I'd offer Jeff Boals a 10-year contract right now
   Posted: 2/7/2022 10:07:23 PM 
The point is, you can’t say you couldn’t care less if he leaves and you hope he stays. Those are incompatible.

"Loyalty to a hometown or city is fleeting and interchangeable, but college is a stamp of identity."- Kyle Whelliston, One Beautiful Season.

My blog about depression and mental illness: https://bit.ly/3buGXH8

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