Wojo's Compensation & Pilarz's Mess

[Jay Bee]

Not a caveat, some of you are just ignorant. Those numbers don't represent a "nice bump" (how are you coming to that conclusion? Nutso) and they don't reflect post-extension impact.

Understand the timing, understand the numbers.

[mu03eng]

Not a caveat, some of you are just ignorant. Those numbers don't represent a "nice bump" (how are you coming to that conclusion? Nutso) and they don't reflect post-extension impact.

Understand the timing, understand the numbers.

Care to be enlightening instead of insulting?

[Jay Bee]

Care to be enlightening instead of insulting?

Not really, but. The figures for Wojo reflect his calendar year 2015 earnings. The extension was announced at the very end of 2015. A pay change may have been retro'd, but we don't know that.

What we have to date are Wojo's 2014 earnings (partial year) and his 2015 earnings (effectively pre-extension). The amounts, on a full year basis, are quite comparable - there is no "significant bump" that is evident.

[GGGG]

Yes, even though Marquette reports on a fiscal year basis (7/1-6/30), the reported income reflects the tax documentation he received during this fiscal year. 

[hdog1017]

Whatever Wojo is making it's way too much

[TSmith34, Inc.]

Whatever Wojo is making it's way too much

Wojo has the same opinion about your salary hourly wages

[B. McBannerson]

Wojo has the same opinion about your salary hourly wages

Doesn't Mutaman make $700 an hour?

[rocket surgeon]

Doesn't Mutaman make $700 an hour?

last time he let it be known, i thought $500, but inflation, cost of living, etc could have pushed it up to that-surprised he hasn't given us an update

[Dr. Blackheart]

Bonus!!!

[mu_hilltopper]

Wojo is roughly somewhere between 25-30th.

http://sports.usatoday.com/ncaa/salaries/mens-basketball/coach/

[Lennys Tap]

Wojo is roughly somewhere between 25-30th.

http://sports.usatoday.com/ncaa/salaries/mens-basketball/coach/

Wow - that crappy, low paying gig Buzz left for has him #10 in the nation and #2 in the ACC (behind K but ahead of Bennett and "ol' Roy). In addition, he's paid more than any coach in the new Big East.

[TAMU, Knower of Ball]

Wow - that crappy, low paying gig Buzz left for has him #10 in the nation and #2 in the ACC (behind K but ahead of Bennett and "ol' Roy). In addition, he's paid more than any coach in the new Big East.

Yep. Never understood the narrative that Buzz left for less money.

[fjm]

Using the USA Today site that Hilltoppers sent... let's say Wojo gets us to the sweet 16 each of the next two years... what is the total compensation you would be willing to see him at?

Personally, with his recruiting track record and from all accounts, the way the players like him, I would hope MU would make him a top 15 paid guy.

That would be around 2.4 million.

I mean by all accounts Ohio State just made holtman top 15 with their deal.

[brewcity77]

Yep. Never understood the narrative that Buzz left for less money.

Buzz pushed it through his media cronies (like Goodman), and it had the air of truth because his total compensation at Marquette was more than his base pay at Va Tech. People believe what they read or see on TV.

[Jay Bee]

http://latenighthoops.com/buzz-williams-virginia-tech-finalize-contract/#.WTrPLvA8KEd

From more than 3 years ago...

"Don’t let the numbers in headlines or the traditional media fool you. Buzz Williams taking less to leave Marquette and go to Virginia Tech didn’t happen."

[Class71]

I just spent the last month filling out 990s.  You are either unnecessarily snarky or don't know what you are talking about.

All donations have to be recorded as revenue whether they are immediately spent or not.  If you dig into the the details, you will notice that there was $26 million contributed to endowment funds in 2015.  That is money that is not meant to go straight back out as expense. If you assume that Marquette only spends the investment income off of endowments, all contributions to endowment funds would be pure "profit".

My guess is a lot of the rest were capital campaign contributions.  You have to recognize it in the year that either the money is received, or on a pledge, all conditions have been met to receive the money.  However, the expense is recognized over the life of the asset.  As a simple example, let's assume that in the year the law school was completed, the Ecksteins gave Marquette $50 million to pay for it.  The building has an estimated useful life of 50 years.  In that example, Marquette would show revenue of $50 million, but expense of only $1 million ($50 million/50 years = $1 miilion/year of depreciation), for a tidy "profit" of $49 million for that year.

All good points. Likely use something other than straight line depreciation but straight line is the easiest to illustrate the point.

[Dr. Blackheart]

Again, note all the caveats from the bean counters...and note these numbers are a year behind and there could be other forms of compensation not reflected here...and timing of payments may be off than the reporting date.

But, Wojo and Scholl are earning about <rougly> in the same range from the university as reflected in the previous year's 990 listed earlier in this thread (down a bit overall but base up).

• Wojo's total compensation is $1,826,745 which includes base (up to $1.74m), bonus and benefits
• Scholl's total comp is $479k

http://www.marquette.edu/financeoffice/documents/FY17Form990PUBLIC.pdf

[muwarrior69]

Again, note all the caveats from the bean counters...and note these numbers are a year behind and there could be other forms of compensation not reflected here...and timing of payments may be off than the reporting date.

But, Wojo and Scholl are earning about <rougly> in the same range from the university as reflected in the previous year's 990 listed earlier in this thread (down a bit overall but base up).

• Wojo's total compensation is $1,826,745 which includes base (up to $1.74m), bonus and benefits
• Scholl's total comp is $479k

http://www.marquette.edu/financeoffice/documents/FY17Form990PUBLIC.pdf

Will McAdams settlement be in next years report?

[GGGG]

Not sure a legal settlement actually falls under compensation. 

[Nukem2]

Not sure a legal settlement actually falls under compensation.

Not sure about 990 reporting, but the IRS will treat it as taxable compensation (i.e., its not for personal injury ).

[4everwarriors]

Not sure a legal settlement actually falls under compensation.

Likely ta bee a confidentiality agreement, hey?

[Nukem2]

Likely ta bee a confidentiality agreement, hey?

Will be very public as the WI Supreme Court sent the case back to the Milwaukee County Circuit Court for purposes of awarding damages.

[Newsdreams]

I'm sure they can reach a confidential agreement before the hearing.

[Nukem2]

I'm sure they can reach a confidential agreement before the hearing.

Well, we are talking about McAdams here.....

[Newsdreams]

Well, we are talking about McAdams here.....

Everyone has a price, hey?