Vic's new contract formally announced

[Duke Humphrey]

http://hailstate.com/news/2018/6/19/womens-basketball-schaefer-contract.aspx

<dfn style="word-wrap: break-word; box-sizing: border-box;">Vic Schaefer</dfn> Contract Summary[FONT=&quot][/FONT]

• Four-year employment contract
• Total base compensation:
  • 2018: $1,584,000
  • 2019: $1,550,000
  • 2020: $1,600,000
  • 2021: $1,650,000
• $375,000 retention bonus if still employed as Mississippi State head coach on June 1, 2021.

 

[Len2003]

Vic is getting paid. Good for him. I think we should be in contention for the SEC title again this year. South Carolina is a question mark without Wilson, and TN has consistently underperformed. A lot of their fans want the coach gone. MO is a one-woman show, though they do return 4 of their starters so they could surprise some people. Not really sure what is brewing at Texas A&M after the transfers, but I did see someone say that they have some transfers that are now eligible to play.

 

[coach66]

When is the TAMU girl going to make a decision?

nm

 

[Len2003]

After classes end in July. She’s still in school at TAMU.

 

[615dawg]

I like the retention bonus.

MSU could pay a womens basketball coach over $2 million in 2021. That's a long ways from being turned down by the Jones County Junior College coach because he couldn't take a pay cut back in the day.

 

[patdog]

Hasn't she already made the decision to come to MSU and just isn't making a public announcement until after she finishes up at A&M.

 

[coach66]

I think that was just a rumor, not sure she has tipped her hand.

nm

 

[Maroon Eagle]

When did this happen? I know JCJC pays well for the community and junior colleges but still...

 

[615dawg]

It was 1985 looking at the coaching history. I thought it was JCJC, but it was Northwest Community College - they won the '83 national title and runner up in '84 and we offered the job to their coach who turned it down because it was a pay decrease.

We ended up hiring Brenda Paul from then NAIA Berry College in Rome, GA, who had three losing records in four years and parlays a WNIT season into a job at Georgia State. She ended up at Elon and won over 500 games but never made an NCAA postseason other than the 1988 WNIT at Mississippi State.

Anyway, the point before I screwed the whole story up is that we are paying a womens basketball coach north of $1.5 MM when at one time we couldn't out pay a junior college for the same job.

 

[Hump4Hoops]

How many coaches are getting paid more than that?

​I had trouble finding a list. Only ones I could find making more are Geno and Kramer Robertson's mom.

 

[PineGroveBully]

I'm pretty sure NorthEast's Ricky Ford turned the job down a cpl years after he won the juco natty in '86ish.

 

[RocketDawg]

http://hailstate.com/news/2018/6/19/womens-basketball-schaefer-contract.aspx

<dfn style="word-wrap: break-word; box-sizing: border-box;">Vic Schaefer</dfn> Contract Summary

• Four-year employment contract
• Total base compensation:
  • 2018: $1,584,000
  • 2019: $1,550,000
  • 2020: $1,600,000
  • 2021: $1,650,000
• $375,000 retention bonus if still employed as Mississippi State head coach on June 1, 2021.

Is he really getting a salary cut in 2019?

For comparison, last time I looked, Gino's salary was right at $2M. So Vic is up near the top in women's basketball.

 

[patdog]

I'm guessing 2018 includes some additional bonuses for the last 2 years beyond the ones he's already gotten.

 

[61dawg]

nm

Pretty sure some eyelashes are already flickering in Starkvegas!