Sherri's Contract is Bad for OU

[SoonerSpock]

In one sense Sherri is not overpaid based on her tenure and her success but her contract give all the advantages to Sherri and virtually none to the university.

It is very difficult to get any reliable and current salary information on the top women's basketball coaches and what information you can get is dated from 2011 to 2015. Also of the top 12 coaches that have the ability to earn in excess of $1 million per year Sherri has the third highest guaranteed salary that we can confirm behind Geno and Matthew Mitchell at Kentucky. Of course with Notre Dame, Stanford and Baylor being private school very little info can be obtained from them and it is possible and even probable that they pay McGraw, Van Derveer and Mulkey more than Sherri makes. Fortunately UConn, Kentucky, Oklahoma, A&M, South Carolina, Maryland, Rutgers do publish some numbers.


Coach.............Guar............Bonus...........5yr S16's......5yr EE......5yr FF......5yr CG......5yr Chps....CC's

Geno.............$2.06 mil...... $1.0 mil...............5...................5..........5................5................4.............7
Muffet...........$0.96 mil/2011.....?...................5...................4.........4.................3................0............6
Tara....................?..................?..................5...................3..........2................0................0.............6
M. Mitchell.....$1.1 mil..........$0.34 mil............4...................2..........0................0.................0.............1
S. Coale........$1.1 mil..........$0.30 mil.............1...................0..........0................0................0.............0
K. Mulkey.......$1.09 mil/2011.........?...............5..................4..........1.......... ......1................1............10
B. Frese.........$0.45 mil/2103..$0.55 mil...........4..................3...........2................0................0.............2
C.V. Stringer...$0.90mil...........$0.20 mil...........0..................0...........0................0................0.............0
D. Staley........$0.88 mil..........$0.66mil...........4..................1...........1................0................0.............5
G. Blair..........$0.88 mil..........$0.33................1.................0...........0.................0................0............1

Looking at Sherri's production on the court, her tenure and how she was compensated relative to her peers I would conclude that Sherri is not over paid just paid in a manner that did not provide the proper incentive. If I were Joe C I would reduce Sherri's guaranteed salary by $300-$400 thousand and raise her bonus/incentive compensation $400-$500 thousand when her contract comes up for renewal. This would give her a guaranteed salary of $700-$800 thousand and a bonus for achievement on the court of $700-$800 thousand with a max potential compensation of $1.5 mil.

 

[sybarite]

You, and a couple of others, have been on this tirade for a number of years now. I can only assume that you believe that:
----Sherri has something on Castiglione and Boren and is blackmailing them
----Sherri has some gangsters that force them into signing these contracts
----Boren and Castiglione are stupid

The way that you approach this would suggest that you believe that there is some sinister reason that Sherri is overpaid, that she is doing something to force them into offering her a contract.

Or, maybe, like any employee of any firm, it they offer her $2 million, if she thinks it is enough, she'll take it.

Maybe, just maybe, Castiglione and Boren think there is a reason to pay her what they are paying her.

 

[cjhsooner]

You, and a couple of others, have been on this tirade for a number of years now. I can only assume that you believe that:
----Sherri has something on Castiglione and Boren and is blackmailing them
----Sherri has some gangsters that force them into signing these contracts
----Boren and Castiglione are stupid

The way that you approach this would suggest that you believe that there is some sinister reason that Sherri is overpaid, that she is doing something to force them into offering her a contract.

Or, maybe, like any employee of any firm, it they offer her $2 million, if she thinks it is enough, she'll take it.

Maybe, just maybe, Castiglione and Boren think there is a reason to pay her what they are paying her.

He also probably thinks that a school like OU, with NO women's basketball tradition, could get one of those top-flight coaches to leave their perch and come to Norman! I do not think that, at all! Women's basketball is notorious for that NOT happening. Firings or switching jobs is a lot less frequent in women's basketball than men's, in my opinion. You can't get rid of one unless you have a deal in place with another.

 

[HandyMan]

Any idea what our assistant coaches are paid?

 

[SKSooner]

How about the fact Sherri Coale has endowed every single scholarship on her team? Has that factored into your ignorant analysis?

Her program was the first athletics program at OU to endow every single scholarship position. That will last forever. Do you think those donations were made possible without someone like Sherri Coale running the program? There's no way. How does women's basketball manage to get that done before men's basketball or football? It's called vision. It's called leadership. The OU donor community loves Sherri Coale, and she's been a tremendous asset for the university in so many other ways that winning basketball games.

 

[scrybe]

How about the fact Sherri Coale has endowed every single scholarship on her team? Has that factored into your ignorant analysis?

Her program was the first athletics program at OU to endow every single scholarship position. That will last forever. Do you think those donations were made possible without someone like Sherri Coale running the program? There's no way. How does women's basketball manage to get that done before men's basketball or football? It's called vision. It's called leadership. The OU donor community loves Sherri Coale, and she's been a tremendous asset for the university in so many other ways that winning basketball games.

Very insightful post – and the bold part is quite funny too. :ez-laugh:

 

[inoref]

I wouldn't know if Sherri has something on Castiglione and Boren and is blackmailing them
I wouldn't know if Sherri has some gangsters that force them into signing these contracts
I wouldn't know if Boren and Castiglione are stupid..well I keep that to myself for now with Boren.
What I do know if Sherri is paid half of what Geno is being paid then imo she way overpaid
What I do know if Sherri is paid the same as Mulkey then imo Sherri is overpaid
What I do know if someone is getting paid more than what their worth then the people that is cutting that check just may be stupid. I don't recall anyone ever saying Sherri was a bad person..I don't think Sherri is stupid..I mean look she getting that cool million for doing 450k job.
If everyone thinks OU women basketball is the best it can be and can not compete with the elite anymore. Then I agree there no need to make any changes. I for one think they can get better results for the $$ they're handing out

 

[SoonerSpock]

You, and a couple of others, have been on this tirade for a number of years now. I can only assume that you believe that:
----Sherri has something on Castiglione and Boren and is blackmailing them
----Sherri has some gangsters that force them into signing these contracts
----Boren and Castiglione are stupid

The way that you approach this would suggest that you believe that there is some sinister reason that Sherri is overpaid, that she is doing something to force them into offering her a contract.

Or, maybe, like any employee of any firm, it they offer her $2 million, if she thinks it is enough, she'll take it.

Maybe, just maybe, Castiglione and Boren think there is a reason to pay her what they are paying her.

Showing again how foolish you are. I made no implications of any of your assumptions. Unfortunately while you can make an ass of yourself with your assumptions you can do the same to me. Learn to read what is written not what you imagine.

I expressed a personal opinion based on my limited knowledge of the marketplace for top WBB coaches, Sherri's contract initiated several years ago under different circumstances based on different performance results and a different contract standards in the marketplace.

Stringer recently had her contract restructured lowering her salary and increasing her bonus/incentive package. Walz and Staley are recent additions to the top coaches on the list and their contracts are also more bonus/incentive laden with lower guarantees.

As I stated in the initial post I do not think that she is overpaid. But I do think that her compensation should have a lower guarantee and and a larger incentive inducement. To me a contract that is almost 80% guaranteed in a contract paying for past performance present performance be damned. A contract with strong incentives is a payment for present performance.

Win conference champions, make S16's, EE's, FF's and national championships now if you want you to be paid top dollar but award a healthy guarantee for the past performance and commitment to the university. I a consider $7-800,000 guarantee more than adequate recognition for what she has done.

Paying employees based on tenure or past performance has burdened many of our corporation with non-productive work forces that have little incentive to maximize their performance. Athletic coaches a public universities should be, in my opinion, compensated accordingly whether it is Bob Stoops, Gino Auriemma or Sherri Coale. Gino's contract is 33% bonus/incentive. Bob and Sherr's contracts have minimal bonus/incentive compensation. I think that is wrong.

 

[SoonerSpock]

How about the fact Sherri Coale has endowed every single scholarship on her team? Has that factored into your ignorant analysis?

Her program was the first athletics program at OU to endow every single scholarship position. That will last forever. Do you think those donations were made possible without someone like Sherri Coale running the program? There's no way. How does women's basketball manage to get that done before men's basketball or football? It's called vision. It's called leadership. The OU donor community loves Sherri Coale, and she's been a tremendous asset for the university in so many other ways that winning basketball games.

Is your reading comprehension as low as Syb's. I never implied, suggested or stated that Sherri was not the right coach for OU. I stated that I thought the market, peer compensation and performance warranted a more incentive laden compensation package. Nothing more, nothing less.

 

[Mac]

I really don't see the point in threads like this... nothing at OU is going to change anytime soon, other than the possibility of getting swept by Texas...

 

[sybarite]

There is no point to threads like this.

 

[soonerstar]

I really don't see the point in threads like this... nothing at OU is going to change anytime soon, other than the possibility of getting swept by Texas...

and Baylor.

 

[Soonerbay]

I really don't see the point in threads like this... nothing at OU is going to change anytime soon, other than the possibility of getting swept by Texas...

+1...I tried beating this horse years ago when Noah was first building the Ark.

 

[Soonerbay]

and Baylor.

And you Star should head to the free throw line for an +1 after hitting that 3. 4 pt play for sure. Unfortunately.

 

[Soonerbay]

How about the fact Sherri Coale has endowed every single scholarship on her team? Has that factored into your ignorant analysis?

Her program was the first athletics program at OU to endow every single scholarship position. That will last forever. Do you think those donations were made possible without someone like Sherri Coale running the program? There's no way. How does women's basketball manage to get that done before men's basketball or football? It's called vision. It's called leadership. The OU donor community loves Sherri Coale, and she's been a tremendous asset for the university in so many other ways that winning basketball games.

She did a phenomenal job of fundraising and major gift revenue generating WITH the help of a winning season and bringing in some great recruits. She made hay while the sun was shining. Fundraising 101. Marketing 1A. And yes, the endowments are obviously sustainable income (thank goodness). But what she has not done is sustained a top notch program that made it feasible to solicit donations for endowments. Who would have believed the winning environment could not be sustained? All of us who donated believed that it would. We all believed that the lower level of LNC would always be season ticket (except students) seats for WBB. But hey...whatever. It is what it is.

 

[inoref]

I agree threads like this seems to be going in deaf ears. IMO looks like Boren and Joe doesn't care about getting back to being elite or at least one of the elite. Maybe we should all change our goal for each season..finishing third is our goal.

 

[betterstill]

I think your thread starting post was interesting and insightful, SoonerSpock. Thanks for taking the time do do the research and write it up.