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Is there any update or rumors about what will happen after this season with Jim Les, I know his contract is up.
Don't know anyone who deserves Coach of the year honors more than JL.
Jim Les got a lengthy extension following last season. Terms have never been disclosed, but it's rumored to be in the 5-6 year range, and is also rumored to have him among the highest paid coaches in the league.
rumored to have him among the highest paid coaches in the league.
I think that's probably correct. Altman and Turgeon make the most $$$ in the league, but I'm fairly certain that Les is next on the pay scale as well he should be.
To my knowledge, Altman and Turgeon are in the $750,000-$850,000 range in total compensation and Les is in the $500,000-$600,000 range. Not too shabby if you ask me.
The Valley has done a good job in recent years upping the coaches salaries to remain competitive nationally. With the success in the last couple years, salaries will only increase provided the good work continues.
Dinma Odiakosa 6'8 255......The Nigerian Nightmare!!!!!!!!!!!!!!!!!! 37 points and 27 boards in 2 wins over Bradley. "Will Egolf is 6'9 and he had 4 rebounds. That's not good enough and he's not good enough"....Dick Versace 2/9/10
rumored to have him among the highest paid coaches in the league.
I think that's probably correct. Altman and Turgeon make the most $$$ in the league, but I'm fairly certain that Les is next on the pay scale as well he should be.
To my knowledge, Altman and Turgeon are in the $750,000-$850,000 range in total compensation and Les is in the $500,000-$600,000 range. Not too shabby if you ask me.
The Valley has done a good job in recent years upping the coaches salaries to remain competitive nationally. With the success in the last couple years, salaries will only increase provided the good work continues.
Those salaries have always blown me away, and they are low compared to the BCS schools. While coaches influence 15 or so kids a year, professors can influence about 10 times that many each year while getting paid about 10 times less. Our society really has its priorities mixed up. I could go on and on, but I am sure nobody on this board wants a dissertation. Oh, yes, I am one of those professors in case you couldn't tell.
While coaches influence 15 or so kids a year, professors can influence about 10 times that many each year while getting paid about 10 times less. Our society really has its priorities mixed up. I could go on and on, but I am sure nobody on this board wants a dissertation. Oh, yes, I am one of those professors in case you couldn't tell.
i agree, but that's society. I have tremendous amount of respect for what you guys do as teachers. Unfortunately, like the Coach said in The Program: "When's the last time 70,000 people showed up to see a kid do a chemistry experiment?"
Might not be right or fair, but it is what it is.
Dinma Odiakosa 6'8 255......The Nigerian Nightmare!!!!!!!!!!!!!!!!!! 37 points and 27 boards in 2 wins over Bradley. "Will Egolf is 6'9 and he had 4 rebounds. That's not good enough and he's not good enough"....Dick Versace 2/9/10
While coaches influence 15 or so kids a year, professors can influence about 10 times that many each year while getting paid about 10 times less. Our society really has its priorities mixed up. I could go on and on, but I am sure nobody on this board wants a dissertation. Oh, yes, I am one of those professors in case you couldn't tell.
i agree, but that's society. I have tremendous amount of respect for what you guys do as teachers. Unfortunately, like the Coach said in The Program: "When's the last time 70,000 people showed up to see a kid do a chemistry experiment?"
Might not be right or fair, but it is what it is.
He's got it all wrong. Yes, more than 70,000 people will show up to see a kid do a chemistry experiment. It happens everyday when people take the medicine their Dr. has prescribed! Juts add up the people... way more than 70,000!
It's supply and demand... for whatever reason the market percieves that the supply of competent basketball coaches is much lower than the supply of competent chemistry teachers, and so those coaches get paid more than those teachers.
It's supply and demand... for whatever reason the market percieves that the supply of competent basketball coaches is much lower than the supply of competent chemistry teachers, and so those coaches get paid more than those teachers.
Sorry, but you are wrong in t his case. Supply and demand economics have very little to do with this situation. It is simply entertainment and people will pay a lot for entertainment. Supply and demand really do not enter into this equation. Just for your info I am not a Chemisty teacher, but I have taught Economics at the college level.
Sorry, but you are wrong in t his case. Supply and demand economics have very little to do with this situation. It is simply entertainment and people will pay a lot for entertainment. Supply and demand really do not enter into this equation. Just for your info I am not a Chemisty teacher, but I have taught Economics at the college level.
I think it really boils down to that... if college coaches could be found "everywhere" and meet the expectations of the employer then they'd be paid less. I think we're kind of quibbling over details, but you did just say why demand for coaches is structured the way it is. People will pay for entertainment, so the employer selects candidates based on the idea that the coach will provide the product, in this case, entertainment by winning. That limits just who can be a D1 college coach, and that limits who can be considered part of the supply.
The difference for teachers is, for example, my English 100 teacher at BU, was quite obviously a guy they picked up off the "street" and probably only had the basic qualifications to teach at the college level. I would hazard a guess that that guy made a great deal less money than the guy who taught my business senior project class.
You can draw parallels there between say a high school coach from a backwater somewhere that has no legacy of good sports and Jim Les... And once again really between Jim Les and my English 100 teacher. In all cases the price is determined by the intersection of supply and demand. In that just about anybody could've taught my English 100 class, while relatively very few candidates would be considered capable of coaching the Bradley Braves.
Sorry, but you are wrong in t his case. Supply and demand economics have very little to do with this situation. It is simply entertainment and people will pay a lot for entertainment. Supply and demand really do not enter into this equation. Just for your info I am not a Chemisty teacher, but I have taught Economics at the college level.
I think it really boils down to that... if college coaches could be found "everywhere" and meet the expectations of the employer then they'd be paid less. I think we're kind of quibbling over details, but you did just say why demand for coaches is structured the way it is. People will pay for entertainment, so the employer selects candidates based on the idea that the coach will provide the product, in this case, entertainment by winning. That limits just who can be a D1 college coach, and that limits who can be considered part of the supply.
The difference for teachers is, for example, my English 100 teacher at BU, was quite obviously a guy they picked up off the "street" and probably only had the basic qualifications to teach at the college level. I would hazard a guess that that guy made a great deal less money than the guy who taught my business senior project class.
You can draw parallels there between say a high school coach from a backwater somewhere that has no legacy of good sports and Jim Les... And once again really between Jim Les and my English 100 teacher. In all cases the price is determined by the intersection of supply and demand. In that just about anybody could've taught my English 100 class, while relatively very few candidates would be considered capable of coaching the Bradley Braves.
Partly right. A better application of supply and demand in this case could be this: there is a great demand for the product of college basketball and the supply of teams is finite. Hence, there is a limited supply of coaching jobs. However, that does not mean that the coach is getting paid a high salary because he is a good coach or a smart person for that matter. (Just think about how many bad DI coaches there are) It just means that there are fewer jobs.
Jim Les got a lengthy extension following last season. Terms have never been disclosed, but it's rumored to be in the 5-6 year range, and is also rumored to have him among the highest paid coaches in the league.
I think that's probably correct. Altman and Turgeon make the most $$$ in the league, but I'm fairly certain that Les is next on the pay scale as well he should be.
To my knowledge, Altman and Turgeon are in the $750,000-$850,000 range in total compensation and Les is in the $500,000-$600,000 range. Not too shabby if you ask me.
The Valley has done a good job in recent years upping the coaches salaries to remain competitive nationally. With the success in the last couple years, salaries will only increase provided the good work continues.
This was what I found in a old thread, but I wanted to confirm if this is the case, especially since the post references that his contract was re-upped to 5 to 6 additional years after the 2006 season. So, again to recap, we have Jimmy at $500k/yr or so through 2011 or 2012?
I have no idea what Coach Les' contract is. From what little I hear - I have not heard his seat is warm. But a coach always feels a (self-induced) warm seat to produce every year.
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