Page 6 of 8 FirstFirst ... 3 4 5 6 7 8 LastLast
Results 51 to 60 of 78

Thread: Ricky's Gotta GEAUX

  1. #51

    Default Re: Ricky's Gotta GEAUX

    Quote Originally Posted by CAJUN_LXA685 View Post
    _ This is a hypothedical question, b/c I most certainly don't have the financial means to do it, but what if a Ragin Cajun Supporter said "I'll give the school $750,000 for a new coach's salary!" Is that allowed? Does the NCAA put a limit on the amount a coach's salary is paid by the school and how much comes from supporters?

    Probably a pointless question, but I was just thinking if someone would do that so we can get a GOOD coach in here, would they be allowed to. _
    I don't think there is any limit.All of the salaries of the coaches at the BCS schools are supplemented by private donations. I believe the state of Louisiana has a cap of around $250K on state funds so anything over that is private money. So that would mean the majority of Les Miles' multimilion dollar salary comes from private money.

  2. #52

    Default Re: Ricky's Gotta GEAUX

    Quote Originally Posted by CAJUN_LXA685 View Post
    _ This is a hypothedical question, b/c I most certainly don't have the financial means to do it, but what if a Ragin Cajun Supporter said "I'll give the school $750,000 for a new coach's salary!" Is that allowed? Does the NCAA put a limit on the amount a coach's salary is paid by the school and how much comes from supporters?

    Probably a pointless question, but I was just thinking if someone would do that so we can get a GOOD coach in here, would they be allowed to. _

    No, they don't put a cap as most coaches are paid largely through private dollars. In this economic climate, its hard to go to any state for which an institution is a part of and increase salary positions for athletics. It' hard to go to any legislature or board of higher education and expect them to OK spending millions of dollars on football coaches when they are likely having to cut major fat off of their spending budgets...See Governor Jindal on that one. Anyhow, the cajuns can pay up to about 225k out of state funds for a coach hire. Even if we hire coach X to come here, it has to be approved by the UL school system. From there, any additional funds paid to that coach come from private funds. So yes, to answer your question, I presume that you could front that money and specifically state how it is allocated but I've obviously never been in a position to donate that type of money so I wouldn't know. Darnit!!

  3. #53
    Oiler's Avatar Oiler is offline Ragin Cajuns of Louisiana Ragin' Cajuns Fan for Sure

    Default Re: Ricky's Gotta GEAUX

    I've heard several different figures concerning how much will it take to entice the kind of coach we'll soon be looking to hire. I figure $400K or so would put us in the hunt for some well established D-1 assistants. I think $600K would sweeten the pot of applicants pretty significantly, but that may not be possible. Has anyone that might know ever even hinted at what kind of money we'd be offering if we were to begin a search for a new head coach?


  4. #54

    Default Re: Ricky's Gotta GEAUX

    Quote Originally Posted by Oiler View Post
    _ I've heard several different figures concerning how much will it take to entice the kind of coach we'll soon be looking to hire. I figure $400K or so would put us in the hunt for some well established D-1 assistants. I think $600K would sweeten the pot of applicants pretty significantly, but that may not be possible. Has anyone that might know ever even hinted at what kind of money we'd be offering if we were to begin a search for a new head coach? _
    As per my sources, $350 to $500K will be the salary range for the next coach. The $500K can only be reached by meeting the certain incentives laid out by the AD's office.

  5. Default Re: Ricky's Gotta GEAUX

    I was hoping to find a winning head coach from any version of the college ranks, hire him for $175Gs with attainable incentives to reach $500Gs by year 3 and beyond. igeaux.mobi


  6. #56
    Just1More's Avatar Just1More is offline Ragin Cajuns of Louisiana Ragin' Cajuns Greatest Fan Ever

    Default Re: Ricky's Gotta GEAUX

    Quote Originally Posted by cajun4life View Post
    _ As per my sources, $350 to $500K will be the salary range for the next coach. The $500K can only be reached by meeting the certain incentives laid out by the AD's office. _
    Does the school (UL system) have to guarantee the coach the contract amount in the event the private funding cannot pay? If the extended money comes from private sources, I wouldn't think the state would care. If the contract requires the state to guarantee the salary, I can see where the state approvals can weigh in.

    Sorry if this is a dumb question, but I don't recall getting a conclusive answer on this. Do you know?

  7. #57

    Default Re: Ricky's Gotta GEAUX

    Quote Originally Posted by Just1More View Post
    _ Does the school (UL system) have to guarantee the coach the contract amount in the event the private funding cannot pay? If the extended money comes from private sources, I wouldn't think the state would care. If the contract requires the state to guarantee the salary, I can see where the state approvals can weigh in.

    Sorry if this is a dumb question, but I don't recall getting a conclusive answer on this. Do you know? _
    I am not sure about the state guaranteeing the contract for the full amount, but I would be pretty sure that the contract would state what funds were state allocated and which were private. I think that is how USA Today can get those breakdowns for just about every coaches salary. I am hoping that we are in between the $400-500K range for the base salary. I really think that if they had a huge RCAF push to get new members to help supplement the salary and leave the big money guys for stadium improvement funding.

  8. #58

    Default Re: Ricky's Gotta GEAUX

    Quote Originally Posted by cajun4life View Post
    _ I am not sure about the state guaranteeing the contract for the full amount, but I would be pretty sure that the contract would state what funds were state allocated and which were private. I think that is how USA Today can get those breakdowns for just about every coaches salary. I am hoping that we are in between the $400-500K range for the base salary. I really think that if they had a huge RCAF push to get new members to help supplement the salary and leave the big money guys for stadium improvement funding.
    That is one reason why I favor making the announcement about the Coach's future now so that a big fundraising drive can begin immediately to build the fund available for the next staff's salaries.

  9. #59

    Default Re: Ricky's Gotta GEAUX

    Quote Originally Posted by cajun4life View Post
    _ As per my sources, $350 to $500K will be the salary range for the next coach. The $500K can only be reached by meeting the certain incentives laid out by the AD's office. _

    I would hope your sources are right but I've heard 400k will be about the ceiling that we approach. I don't know if that includes any type of incentive programs outside of direct state funding applied to private funds allocated to the remainder but 400k would still put us at the top of the Belt in coach pay. 500k would be nice to reach as that would entice some candidates out there that maybe think we are not serious about elevating this program

  10. Default Re: Ricky's Gotta GEAUX

    $175K and not a penny more I want the very best possible coach out there.


    Geaux Cajuns

Page 6 of 8 FirstFirst ... 3 4 5 6 7 8 LastLast

Thread Information

Users Browsing this Thread

There are currently 1 users browsing this thread. (0 members and 1 guests)

Similar Threads

  1. Ricky Guidry
    By RaginDave in forum LA Vie Bio
    Replies: 16
    Last Post: July 9th, 2020, 12:20 pm
  2. Ricky Johnson
    By CrappDaddy in forum Football
    Replies: 2
    Last Post: December 23rd, 2012, 11:36 am
  3. Ricky Johnson
    By Hudsheen#Fired in forum PlayerDock
    Replies: 18
    Last Post: May 8th, 2012, 08:25 am
  4. What about Ricky Johnson
    By JMV JustMyView in forum PlayerDock
    Replies: 1
    Last Post: February 2nd, 2011, 03:10 pm

Posting Permissions

  • You may not post new threads
  • You may not post replies
  • You may not post attachments
  • You may not edit your posts
  •