OK people. We have heard $2.8M...USA Today says $1.1M.
Here is what you need to do. Go to Guidestar.org. Look up Marquette University, and for a free membership, you can access its 990, which is a not-for-profit tax return. On that return it lists the highest paid employees and the highest compensated contractors.
The 2011 form shows that he made just over $1M in salary, about a $70,000 bonus, plus other compensation that equals $1,105,203.
The form also shows that "Team Buzz Williams, LLC" was paid $631,250 as an independent contractor. No idea what that is but my guess is that is for his work on basketball camps, etc.
So that makes his total payments from MU at about $1.7M.
Chump change. Seriously, the dude is underpaid. C'mon MU, part with scheckles.
Quote from: 4everwarriors on April 03, 2013, 08:04:12 PM
Chump change. Seriously, the dude is underpaid. C'mon MU, part with scheckles.
Unless I am missing something else, and I don't think I am, I agree.
Quote from: Terror Skink on April 03, 2013, 08:01:45 PM
OK people. We have heard $2.8M...USA Today says $1.1M.
Here is what you need to do. Go to Guidestar.org. Look up Marquette University, and for a free membership, you can access its 990, which is a not-for-profit tax return. On that return it lists the highest paid employees and the highest compensated contractors.
The 2011 form shows that he made just over $1M in salary, about a $70,000 bonus, plus other compensation that equals $1,105,203.
The form also shows that "Team Buzz Williams, LLC" was paid $631,250 as an independent contractor. No idea what that is but my guess is that is for his work on basketball camps, etc.
So that makes his total payments from MU at about $1.7M.
So 1M + ~700K + ~ 1.1M doesn't add up to 2.8M? What am I missing. Who cares that his salary is 1M, the dude is making 2.8 BECAUSE he's marquette's coach. He wouldn't be getting 600K for camps/appearances at UWM.
In 2010 he was actually paid more than 2011.
2011 it was $1,736,453, which includes Team Buzz Williams LP
2010 he got $2,800,347 which included a one time bonus payout $1,987,203
2012, he got paid over $2M per year. He signed a 7 year extension in 2011 (April) that started with 2012 season
http://zagsblog.com/marquette/williams-agrees-to-7-year-extension-at-marquette/
He is the highest paid coach in America not to reach the Final Four. He is in the top 10 overall. He is paid very well.
Always remember the market determines fair market pay. The only exception I know of was Jim MacIllvaine's contract with Seattle. (Just kidding Jim, I'm happy for you 8-) 8-))
Who is higher without a national championship?
Buzz pays for himself and then some. His economic impact on the university is practically immeasurable.
Quote from: esotericmindguy on April 03, 2013, 08:09:44 PM
So 1M + ~700K + ~ 1.1M doesn't add up to 2.8M? What am I missing. Who cares that his salary is 1M, the dude is making 2.8 BECAUSE he's marquette's coach. He wouldn't be getting 600K for camps/appearances at UWM.
It was worded kinda confusingly, but he meant that the $1 million salary + $70k + other compensation = $1.1 million. Not that the other compensation alone = $1.1 million.
FWIW, USA Today came out with their annual list today.
http://www.usatoday.com/story/sports/ncaab/2013/04/03/highest-paid-ncaa-tournament-coaches-rick-pitino-john-calipari/2048859/
Buzz is listed as #36 in the NCAA tournament at $1,105,203. Calipari is obviously higher but not on the list because he isn't in the tournament.
http://www.usatoday.com/sports/college/salaries/ncaab/coach/
Give him a third of the additional television revenue we'll be getting and get him to $2.5M. Once you get there it's about paying assistants and keeping the position as the school that invests the most in its basketball student athletes. Then there is really nothing more you can do aside from spraying aerosol cans in Milwaukee hoping to make it warmer there.
Quote from: ChicosBailBonds on April 03, 2013, 08:10:27 PM
He is the highest paid coach in America not to reach the Final Four. He is in the top 10 overall. He is paid very well.
If he makes $2 million, he makes less than Travis Ford and Sean Miller, according to the USA Today list.
Buzz' salary is an investment. And like all investments, the people that front the money for said-investment demand a return on that investment. The money that MU makes off Buzz after his salary is their profit margin. If the profit margin is ridiculously high, and there's competition out there to take away your investment, you make a decision to reduce your margin a little - you know, cuz you are making so much off of it - and as a consequence you keep your investment to yourself and ward off other suitors.
If you look at Buzz that way, he's a solid investment. And...he's paid very well.
Riddle me this guys, if you want Buzz to be a "top tier" program and perceived to be a "top tier", and Buzz is currently PAID like a top tier (for someone w/his experience and results), then why is everyone here so batshite insane about how Buzz is so underpaid?
We have to be the most paranoid fan base on the planet right now. I could understand if he was being paid $500,000 w/total compensation around $1.2-$1.5M, but c'mon. The man is very well paid.
Quote from: dwaderoy2004 on April 03, 2013, 08:25:22 PM
It was worded kinda confusingly, but he meant that the $1 million salary + $70k + other compensation = $1.1 million. Not that the other compensation alone = $1.1 million.
Ahh, ok. 1.1 seems low, I believe when MU went to the final four in 2003 applications doubled the following year.
Quote from: dwaderoy2004 on April 03, 2013, 08:43:24 PM
If he makes $2 million, he makes less than Travis Ford and Sean Miller, according to the USA Today list.
He makes over $2 million....some say $2.5 million. We'll see when the new documents come out for 2012 pay, which currently aren't available, but according to the extension reported in the press, he is
over $2 million.
Quote from: esotericmindguy on April 03, 2013, 08:49:15 PM
Ahh, ok. 1.1 seems low, I believe when MU went to the final four in 2003 applications doubled the following year.
Flutie Effect in full effect!
#freestevetaylor
Quote from: esotericmindguy on April 03, 2013, 08:49:15 PM
Ahh, ok. 1.1 seems low, I believe when MU went to the final four in 2003 applications doubled the following year.
This is a myth. MU did not double applications.....they went up 9.33%. From 7,500 to 8,200. They went up, all a good thing, but far from doubling.
http://news.google.com/newspapers?nid=1683&dat=20030413&id=6KcaAAAAIBAJ&sjid=gkMEAAAAIBAJ&pg=6363,977800
Quote from: ChicosBailBonds on April 03, 2013, 08:56:56 PM
This is a myth. MU did not double applications.....they went up 9.33%. From 7,500 to 8,200. They went up, all a good thing, but far from doubling.
http://news.google.com/newspapers?nid=1683&dat=20030413&id=6KcaAAAAIBAJ&sjid=gkMEAAAAIBAJ&pg=6363,977800
Were they going up anyway? I wonder how much of that 9.33% is over an above the trend in applications around that time.
Quote from: TheTulsaWarrior on April 03, 2013, 08:16:20 PM
Always remember the market determines fair market pay. The only exception I know of was Jim MacIllvaine's contract with Seattle. (Just kidding Jim, I'm happy for you 8-) 8-))
what's the market to keep a top tier coach from texas in the milwaukee...hard number to define, imho.
Quote from: ElDonBDon on April 03, 2013, 08:53:38 PM
Flutie Effect in full effect!
What's the Flutie Effect?
Quote from: ChicosBailBonds on April 03, 2013, 08:56:56 PM
This is a myth. MU did not double applications.....they went up 9.33%. From 7,500 to 8,200. They went up, all a good thing, but far from doubling.
http://news.google.com/newspapers?nid=1683&dat=20030413&id=6KcaAAAAIBAJ&sjid=gkMEAAAAIBAJ&pg=6363,977800
Don't let facts get in the way of a good story Chicos.
Buzz deserves around a 2 million salary. We absolutely need to keep him around if we want to enjoy the next couple year, he is the key to this program
Quote from: Tommypop on April 03, 2013, 10:10:39 PM
Buzz deserves around a 2 million salary. We absolutely need to keep him around if we want to enjoy the next couple year, he is the key to this program
Can he shoot the 3?
Or go to his left?
Quote from: esotericmindguy on April 03, 2013, 09:42:32 PM
Don't let facts get in the way of a good story Chicos.
Shat, I keep forgetting that part.
Quote from: ChicosBailBonds on April 03, 2013, 08:56:56 PM
This is a myth. MU did not double applications.....they went up 9.33%. From 7,500 to 8,200. They went up, all a good thing, but far from doubling.
http://news.google.com/newspapers?nid=1683&dat=20030413&id=6KcaAAAAIBAJ&sjid=gkMEAAAAIBAJ&pg=6363,977800
Not only that, but the quality of applicants probably went down. Let's face it, students who choose a school based on basketball success aren't the Yale types.
No he obviously doesn't shoot 3s or go to the left, but you must be confused if you think that buzz Williams isn't the most valuable asset Marquette basketball has
My guess is that he's making low 2's in guaranteed pay.
Most "salary information" out there is horrible - incomplete & misunderstood.
Quote from: ChicosBailBonds on April 03, 2013, 08:10:27 PM
He is the highest paid coach in America not to reach the Final Four.
I see you have now grabbed onto this as if the Final Four threshold is the only thing on which to judge a coach. Buzz has taken MU to three straight S16s...an E8...and a regular season conference title. He is the most consistently successful coach MU has had since Al McGuire, and will the recruiting class he is bringing is, is setting MU up to be even more successful.
MU should be very careful about making sure that he doesn't leave.
Quote from: Terror Skink on April 03, 2013, 08:05:47 PM
Unless I am missing something else, and I don't think I am, I agree.
He's paid very well already. Why do we need to pay that much more than comparable coaches at comparable programs? How many other coaches that aren't already destined for the Hall of Fame (and Calipari) are making $2M+? He's been wonderful, but I think you are overvaluing his accomplishments somewhat.
Quote from: Terror Skink on April 04, 2013, 07:48:19 AM
MU should be very careful about making sure that he doesn't leave.
But on some level, you have to realize/admit that Buzz gains something from being at Marquette as well. Sure, maybe a SMU wants to throw 4 million per year at him, but is that really a situation Buzz wants to be in? I honestly think Marquette is a top 20 job, and that may be a little conservative. Our recent success and financial/infrastructure support to basketball is top tier. So if Buzz is making $2 million plus, that really should be enough to ward off any lower level programs from swooping in offering JUST a higher payday. If another elite program wants Buzz, at that point money probably isn't the deciding factor anyway.
Quote from: Terror Skink on April 04, 2013, 07:48:19 AM
I see you have now grabbed onto this as if the Final Four threshold is the only thing on which to judge a coach. Buzz has taken MU to three straight S16s...an E8...and a regular season conference title. He is the most consistently successful coach MU has had since Al McGuire, and will the recruiting class he is bringing is, is setting MU up to be even more successful.
MU should be very careful about making sure that he doesn't leave.
After all, the final four is all luck anyway, right?
Quote from: Terror Skink on April 04, 2013, 07:48:19 AM
I see you have now grabbed onto this as if the Final Four threshold is the only thing on which to judge a coach. Buzz has taken MU to three straight S16s...an E8...and a regular season conference title. He is the most consistently successful coach MU has had since Al McGuire, and will the recruiting class he is bringing is, is setting MU up to be even more successful.
MU should be very careful about making sure that he doesn't leave.
I don't want him to leave, I know MU doesn't. If he's going to leave, he's going to leave. He keeps saying money isn't an issue....why do so many on this board keep ignoring what the man says? Or is this coach speak again? It's a serious question.
By no means am I suggesting it is the only thing. Personally, I would put incentives is as follows to reward not just post season. I've said since the day I joined this board almost 7 years ago that I view a season in thirds. Non Conference, Conference, Post Season.
IncentivesGraduation Rates
Top 3 Conference finish
Reach NCAAs
NCAA Sweet 16
NCAA Elite 8
NCAA Final Four
Champions
I'd also put in deductions if his team gets into problems off the court. We had behavioral clauses like that at the Angels and Ducks when I was there.
He's a critical piece to our success, but he doesn't walk on water. It would be interesting to see people's tune here if Davidson doesn't throw the ball away. I know you vehemently disagree with that, but just think for a second if we aren't gifted that win and lose in the first round as a 3 seed. Same coach, same person...success and failure is on a razor's edge sometimes.
Quote from: Jajuannaman on April 04, 2013, 09:00:08 AM
After all, the final four is all luck anyway, right?
Something no one ever said on this board, ever.
Quote from: ChicosBailBonds on April 04, 2013, 09:09:56 AM
I'd also put in deductions if his team gets into problems off the court. We had behavioral clauses like that at the Angels and Ducks when I was there.
But those clauses are actually in the players contracts right? Not the coach's... I think it is silly that Buzz would be held responsible for his players off the court behavior and have that impact him financially. He can't control his players every minute of every day.
But I do agree that grad rates should have incentives.
Quote from: ChicosBailBonds on April 04, 2013, 09:11:08 AM
Something no one ever said on this board, ever.
Besides yourself?
Cue "use the search function" and "you owe me an apology!"
Quote from: ChicosBailBonds on April 04, 2013, 09:09:56 AM
It would be interesting to see people's tune here if Davidson doesn't throw the ball away.
Woah you're saying we're more happy because we made it to the Elite 8 than we would have been if we were bounced in the first round? That's effing brilliant.
Quote from: 4everwarriors on April 03, 2013, 08:25:08 PM
Buzz pays for himself and then some. His economic impact on the university is practically immeasurable.
The value of our degrees goes up with each good season. It may not be fair or even a wise thing, but name recognition related to success is always a good thing for all involved.
Quote from: ChicosBailBonds on April 04, 2013, 09:09:56 AM
We had behavioral clauses like that at the Angels and Ducks when I was there.
You have worked at a lot of different places.
If he wins a championship, I'll vouch for 3+ million per yr. CHA-CHING!! :P
Quote from: MU B2002 on April 04, 2013, 10:34:39 AM
You have worked at a lot of different places.
When you consider that he's both Chicos and Hoopaloop, it's really not as many as it seems.
Quote from: Terror Skink on April 04, 2013, 09:26:12 AM
But those clauses are actually in the players contracts right? Not the coach's... I think it is silly that Buzz would be held responsible for his players off the court behavior and have that impact him financially. He can't control his players every minute of every day.
But I do agree that grad rates should have incentives.
We had them in our employee contracts actually. Yes, players had them, but so did employees, coaches, etc. Keep in mind we were owned by the Walt Disney company which is very conscious of that stuff.
Since in college athletics the players aren't under contract, you would apply that to the coaches. Is it fair? Probably not, so what you do is make sure the coach is dealing with the players properly. He can't babysit 13 to 15 guys, but then again he can be choosy about who he recruits and brings in and if someone has a bunch of red flags and then gets to a university and that behavior keeps on going, that kind of stuff has to be on the coach.
Just one approach, I'm sure many will disagree with it.
Quote from: Jajuannaman on April 04, 2013, 09:40:11 AM
Besides yourself?
Cue "use the search function" and "you owe me an apology!"
Since you are accusing me, you provide the proof. You said
all luck, which no one has ever said. Some luck, sure. All luck, no one has ever said.
I look forward to where someone said that, least of all me.
Quote from: MU B2002 on April 04, 2013, 10:34:39 AM
You have worked at a lot of different places.
Not really. Since college, four organizations in 21 years. Only three since grad school in the last 19 years. Ducks and Angels were one organization under Disney, but we worked for both teams under Disney Sports.
Quote from: Merritsmustache
When you consider that he's both Chicos and Hoopaloop, it's really not as many as it seems.
Hoopaloop started 3-20-2011 according to the member section information here
I started October 2006. I went on hiatus July 16, 2011.....or 98 days after Hooploop came on board
Nice try. It's all there in the members section info.
Quote from: sixstrings03 on April 04, 2013, 10:21:19 AM
Woah you're saying we're more happy because we made it to the Elite 8 than we would have been if we were bounced in the first round? That's effing brilliant.
I'm saying the razor's edge of success and "failure", especially if people only use the NCAA tournament as their sole criteria, is very thin. I put failure in quotes because if this team would have lost to Davidson it would not have been a failed season in my eyes, far from it. For others there, all they care about is the NCAA tournament and everything else you did doesn't mean anything. I don't get it, but to each their own.
Quote from: ChicosBailBonds on April 04, 2013, 02:01:26 PM
Since you are accusing me, you provide the proof. You said all luck, which no one has ever said. Some luck, sure. All luck, no one has ever said.
I look forward to where someone said that, least of all me.
NCAA tournament is a crapshoot man. Roll of the dice. You consistently get bounced early, NBD, bad luck.
Quote from: Jajuannaman on April 04, 2013, 02:41:33 PM
NCAA tournament is a crapshoot man. Roll of the dice. You consistently get bounced early, NBD, bad luck.
That's what I thought...no one said it was all luck, as you implied. Some years you get bounced early, some you don't, some you overachieve. This isn't a new phenomenon.
Quote from: ChicosBailBonds on April 04, 2013, 02:08:46 PM
Hoopaloop started 3-20-2011 according to the member section information here
I started October 2006. I went on hiatus July 16, 2011.....or 98 days after Hooploop came on board
Nice try. It's all there in the members section info.
Those dates and overlaps don't preclude you from being both people.
Bleacher report 4/2012 article has Buzz in the top 10 paid: 2.8M (Calipari is tops with 5.4M)
http://bleacherreport.com/arti...urnament/page/9
fyi, Rick Barnes at Texas gets 2.4M according to the same article.
Either this or the usatoday article is wrong.
The usatoday article has 0 Buzz bonus (true or not, unsure).
The bleacher report number is oddly similar to the 2010 number which is often sited...2.8M
The usatoday article seems to have an updated Coach-K number at 7M+.[/li][/list]
I'm guessing the usatoday article is right.....1.1M for this past year.
Quote from: jsheim on April 04, 2013, 09:36:20 PM
Bleacher report 4/2012 article has Buzz in the top 10 paid: 2.8M (Calipari is tops with 5.4M)
http://bleacherreport.com/arti...urnament/page/9
fyi, Rick Barnes at Texas gets 2.4M according to the same article.
Either this or the usatoday article is wrong.
The usatoday article has 0 Buzz bonus (true or not, unsure).
The bleacher report number is oddly similar to the 2010 number which is often sited...2.8M
The usatoday article seems to have an updated Coach-K number at 7M+.[/li][/list]
I'm guessing the usatoday article is right.....1.1M for this past year.
They're both wrong. Figures throughout are incorrect and incomplete.
Quote from: jesmu84 on April 04, 2013, 08:16:53 PM
Those dates and overlaps don't preclude you from being both people.
::)
No, but the fact that I live in California and he lives in Illinois, does. But yes, we can play the game and say I'm any one of 5000 people here. Isn't going to stop the tin foil folks.
Quote from: jsheim on April 04, 2013, 09:36:20 PM
Bleacher report 4/2012 article has Buzz in the top 10 paid: 2.8M (Calipari is tops with 5.4M)
http://bleacherreport.com/arti...urnament/page/9
fyi, Rick Barnes at Texas gets 2.4M according to the same article.
Either this or the usatoday article is wrong.
The usatoday article has 0 Buzz bonus (true or not, unsure).
The bleacher report number is oddly similar to the 2010 number which is often sited...2.8M
The usatoday article seems to have an updated Coach-K number at 7M+.[/li][/list]
I'm guessing the usatoday article is right.....1.1M for this past year.
I listed the exact numbers yesterday for 2010 and 2011.