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Next up: A long offseason

Marquette
66
Marquette
Scrimmage
Date/Time: Oct 4, 2025
TV: NA
Schedule for 2024-25
New Mexico
75

GGGG

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.


4everwarriors

Chump change. Seriously, the dude is underpaid. C'mon MU, part with scheckles.
"Give 'Em Hell, Al"

GGGG

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. 

esotericmindguy

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.

ChicosBailBonds


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.

TheTulsaWarrior

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-))

Litehouse

Who is higher without a national championship?

4everwarriors

Buzz pays for himself and then some. His economic impact on the university is practically immeasurable.
"Give 'Em Hell, Al"

dwaderoy2004

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.  

Litehouse

#9
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/

chapman

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.

dwaderoy2004

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.

Niv Berkowitz

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.


esotericmindguy

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.  

ChicosBailBonds

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.

Eldon

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

ChicosBailBonds

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



Eldon

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.

avid1010

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. 

MUFlutieEffect

The Flutie Effect: "A significant and positive correlation between a university having a successful team and higher quality of incoming freshmen, alumni donations, and graduation rates."

- The Economist, January 3rd, 2007

esotericmindguy

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.

mr.MUskie


MU72491

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

mr.MUskie

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?

real chili 83


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