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Mulkey about to get 10 year 32 million dollar contact
Posted on 9/6/23 at 8:49 pm
Posted on 9/6/23 at 8:49 pm
Will be very good for a while
“LSU and Kim Mulkey have agreed to a contract extension that will make her the highest-paid women's basketball coach in the nation, according to a term sheet The Advocate obtained Wednesday through a public records request.
The new 10-year, $32 million deal is pending final approval from the LSU Board of Supervisors, which meets Friday.“
LINK
“LSU and Kim Mulkey have agreed to a contract extension that will make her the highest-paid women's basketball coach in the nation, according to a term sheet The Advocate obtained Wednesday through a public records request.
The new 10-year, $32 million deal is pending final approval from the LSU Board of Supervisors, which meets Friday.“
LINK
This post was edited on 9/6/23 at 8:53 pm
Posted on 9/6/23 at 8:51 pm to tigerskin
Works for me, she's building a dynasty.
Posted on 9/6/23 at 8:51 pm to tigerskin
Kinda cheap if you ask me.
Posted on 9/6/23 at 8:55 pm to mmcgrath
quote:yeah. Should be more like 10 million per year
Kinda cheap if you ask me.
Posted on 9/6/23 at 8:57 pm to tiger81
quote:
Works for me, she's building a dynasty.
LSU is likely to land the #1 and #5 players in the country (24 class) after their visits this weekend. She's just getting started.
Posted on 9/6/23 at 8:59 pm to Pelican fan99
quote:
yeah. Should be more like 10 million per year
Tryna bankrupt the athlete department over here
Posted on 9/6/23 at 9:00 pm to tigerskin
IIRC the women’s basketball team was losing ~2.5 million a year under Fargas. After last season they probably broke even or made a small profit. Sounds like a fair deal.
This post was edited on 9/6/23 at 9:01 pm
Posted on 9/6/23 at 9:03 pm to Draconian Sanctions
The women’s basketball program will never make a profit. That’s not a knock against Mulkey or the team, that’s true for every school. Football, basketball, and a small number of baseball teams turn profit, that’s it.
Posted on 9/6/23 at 9:05 pm to LSBoosie
It’s been awhile but from what I remember the very top wbb schools don’t lose much and maybe make a slight amount.
Posted on 9/6/23 at 9:06 pm to Draconian Sanctions
I
They didn’t make a profit and likely never will. The financial demand for WBB isn’t there, but the expenses are higher than any other women’s sport.
From a purely financial standpoint paying your WBB coach well over $1M per year is a bad decision given the sport won’t turn a profit. Particularly with such a high coaching salary. But if there is any HC who deserves it, it’s Mulkey.
You trade the financial loss for championships
quote:
IRC the women’s basketball team was losing ~2.5 million a year under Fargas. After last season they probably broke even or made a small profit. Sounds like a fair deal
They didn’t make a profit and likely never will. The financial demand for WBB isn’t there, but the expenses are higher than any other women’s sport.
From a purely financial standpoint paying your WBB coach well over $1M per year is a bad decision given the sport won’t turn a profit. Particularly with such a high coaching salary. But if there is any HC who deserves it, it’s Mulkey.
You trade the financial loss for championships
Posted on 9/6/23 at 9:06 pm to tigerskin
Worth every penny. Better give Jay a raise and extension.
Posted on 9/6/23 at 9:14 pm to tigerskin
I LOVE Kim Mulkey , but , women’s basketball doesn’t generate a ton of income for the university . Where is this money coming from ?? 10 years and 32 million seems excessive , to say the least . Sure , give her a raise , why not 5 years and say 10 to 15 million with some perks ? We may have to buy out Kelly before it’s over !!
Posted on 9/6/23 at 9:20 pm to Draconian Sanctions
quote:
IIRC the women’s basketball team was losing ~2.5 million a year under Fargas. After last season they probably broke even or made a small profit. Sounds like a fair deal.
Actually Fargas’ program lost approximately four million a year at the end.
Because expenses went up in a big way when Mulkey was hired the losses went up.
But LSU has the money in the Ath Dept. and the publicity we get from her program is worth it.
Posted on 9/6/23 at 9:26 pm to tigerskin
Can we pay her even more to mentor BK?
Posted on 9/6/23 at 9:30 pm to tigerskin
Her continually referring to herself as “so old” makes me wonder how long she wants to continue.
Posted on 9/6/23 at 9:31 pm to tigerskin
I see people saying WB doesn’t make a profit and they are right but what coaches like Kim, Geno and other greats bring to the University is not really measurable. She is worth every penny and more.
Posted on 9/6/23 at 9:32 pm to SelaTiger
It would be awesome if Kim coached another 10 seasons !
Posted on 9/6/23 at 9:34 pm to subidc
I’m not mad at her pay because we can afford it, but you saying that what she brings to the university isn’t measure then immediately following it up by saying you know she is worth more than $3.2 million a year is funny.
Posted on 9/6/23 at 9:38 pm to LSBoosie
quote:
I’m not mad at her pay because we can afford it
Can we? I'm beginning to wonder if all these current coaching contracts and buyouts for former coaches are holding us back from facility upgrades
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