TNET: Inside Brent Venables' contract extension: Further details on $11.6 million deal

jerseytiger1980

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Re: TNET: Inside Brent Venables' contract extension: Further details on $11.6 million deal

Jul 19, 2018, 11:06 AM

I love where the program is now just like almost everyone on this board, but at what point does this become ridiculous and unsustainable? Now Venables is one of the top assistant coaches in the country and should be paid as such, before anyone goes off the deep end here, my commentary is on college coaches salaries in general. I am using Venables as an example because of the topic of this article.

He has coached at Clemson for 6 seasons now. I do not recall his pay in 2012 in his first year here. In 2013 he made $800,000 and was tied for the 6th highest paid assistant coach. In 2018 he will make $2,200,000 which is an increase of 275% in 5 seasons which averages to 55% raise every year. He just had a salary increase to $2,000,000 (a 17% raise), and 5 months later essentially got an additional 10% without calling it a salary.

In 2013 the 6th highest assistant coach salary was $700,000. In 2017 (5 years later) the 6th highest assistant coach salary was $1,300,000. This is an 86% increase or 17% per year.

It's gotten to the point that these contracts are renegotiated every year. So as this article states he has a 5 year deal that pays him $2,000,000 per year plus these bonuses. If things go as they have for the past few seasons we can safely assume that his salary for 2019 will be renegotiated to $2,200,000 - $2,300,000 next winter, plus the retention bonus. How is this arms race of coaching salaries sustainable over the next 10-15 years??? Since being at Clemson BV has averaged over a 50% raise per year. If we take a "conservative" number and say a 15% raise every year his salary would increase by over 350% in the next decade. That would put his 2028 salary at $7,000,000.

As far as head coaches salaries, in 2013 the average pay of the top 10 highest paid head coaches was $4,650,000. In 2017 this average was $6,600,000. which was a 8.5% increase. If this trend also continues by roughly 10% a year in 10 years the salaries will increase by 235%. This means that the average salary of the top 10 coaches in 2028 could be $15,500,000. That's not even the highest salary, just the average! We could see coaches making $20 million or more by then.

At what point does the bubble burst on the coaching salaries?

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Re: TNET: Inside Brent Venables' contract extension: Further details on $11.6 million deal

Re: TNET: Inside Brent Venables' contract extension: Further details on $11.6 million deal

Re: TNET: Inside Brent Venables' contract extension: Further details on $11.6 million deal

Re: TNET: Inside Brent Venables' contract extension: Further details on $11.6 million deal

Re: TNET: Inside Brent Venables' contract extension: Further details on $11.6 million deal

Yeah that needs some clarification***

Re: Yeah that needs some clarification***

Re: TNET: Inside Brent Venables' contract extension: Further details on $11.6 million deal

Re: TNET: Inside Brent Venables' contract extension: Further details on $11.6 million deal