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Post by ripreilly755 on May 18, 2006 15:13:12 GMT -5
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Post by ripreilly755 on May 18, 2006 15:13:43 GMT -5
LARRANAGA'S BANK ACCOUNT GREW WITH MASON'S PRESTIGE
George Mason coach Jim Larranaga made almost as much in postseason bonuses in March ($168,800) as he did in base salary (about $196,500).
The new contract he signed last month has a base salary of $375,000, with raises to be determined through 2012.
USA TODAY obtained copies of Larranaga's new and old contracts through an open-records request. Last season, the coach received four bonuses:
* $10,000 for winning 19 or more regular-season games (it remains in the new deal)
* $25,000 for staying at the school (it rises to $75,000 each season of the new deal)
* $68,800 for making the Final Four: 10% of his base salary for making the NCAA Tournament; an additional 5% each for reaching rounds two, three and four; and an additional 10% for reaching the Final Four. He could have earned an additional 15% for winning the national title. (Those percentages stay the same in the new deal, except for an additional 10%, rather than 5%, for reaching round four.)
* $100,000 for public relations considerations during the NCAA Tournament. Unlike the others, this bonus was not part of his contract but was offered as a goodwill gesture. "That was a one-time payment for all the good things that happened and it's very easy to justify,'' said athletics director Tom O'Connor.
* Larranaga did not earn a bonus of as much as 10% of his base salary for the academic record of his team. The new contract ties that bonus in part to the Academic Progress Rate, a new NCAA formula.
Larranaga's new contract, like his old one, includes a full membership for him at the Country Club of Fairfax, the use of an automobile (Ford Expedition or comparable) and 25 season tickets.
He can earn outside income from speeches, basketball camps and commercial endorsements after clearing it with O'Connor.
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Post by DerekBrower on May 22, 2006 10:22:06 GMT -5
Interesting quote from this article:
"Jim Isch, NCAA senior vice president for administrative services, plans to come to campus at the end of the month to launch a case study to try to learn if the success of the basketball team benefits the school through donations and applicants. A study commissioned by the NCAA in 2003 found no empirical proof that such an effect exists, but that study was done in the aggregate rather than at one school."
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Post by sbu79 on May 22, 2006 10:48:50 GMT -5
I don't know how the 2003 study was done, but my gut tells me that if you were to isolate a few demographic type variables among schools, such as size, usual % of alumni that donate, geographic scope, % of student body that are "commuters, etc., you would find that some of those sub-classifications would show a greater degree of influence on giving and applications from a national exposure opportunity like an NCAA run. It would be interesting to see the data and the study methodology.
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