Wall Street Journal: 2009 College Basketball's Bargains and Busts

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http://online.wsj.com/article/SB123690294088913675.html


Among coaches who have verifiable annual salaries above $1 million and at least four years of tenure at their current schools, a Wall Street Journal analysis shows Georgia Tech's Paul Hewitt provided the least value. Mr. Hewitt's team caught fire during the 2004 NCAA tournament, making it all the way to the championship game where it lost to Connecticut 82-73.That June, Georgia Tech rewarded Mr. Hewitt with a new contract that now pays him $1.3 million. A provision calls for the term to always remain at six years.

Mr. Hewitt, who declined to comment, has missed the NCAA tournament twice in the past four seasons, has won one game in the Big Dance since 2004 and hasn't cracked .500 in the Atlantic Coast Conference. This season the Yellow Jackets turned in their worst performance since Mr. Hewitt arrived, compiling an 11-18 record and winning just two conference games. With an average RPI the past three years of 54.5, Georgia Tech is paying Mr. Hewitt $288,888 for each point beyond the threshold of mediocrity. By comparison, Clemson University pays Oliver Purnell $1 million, but just $97,087 for each of his 10.3 points beyond 50-point RPI threshold. Mr. Calhoun, who has his first outstanding team since 2005-06, now costs the University of Connecticut $166,667 for each point over 50.



http://online.wsj.com/public/resources/documents/st_CoachesNCAAA_20090312.html
« Last Edit: March 24, 2009, 03:06:38 PM by Not The Sleaveless Guy »