I see the desire to get a Big Name coach, but this is an entirely new Era. This is moneyball. Get the best players for the least NIL money.
NIL drives player acquisition, not coaches with good haircuts.
If we had hired Devries at $7million/yr, paid WVU the $5 million buyout, paid Fran his $4 million buyout, there would have been nothing left for NIL. There are a lot of sources of money the Athletic Department has...the Iowa Club/foundation is $17 million/yr---there are paths to get Iowa b-ball to $6million in NIL. We need to get to $6 million/yr in total compentsation for players (per Fran McCaffery). We're going to have $2.5 million in revenue sharing. The rest is going to have to come from ;private donatipns NIL and ticket NIL surcharges and diversion of money from donations that are now going directly to the Athletic Deparment..
Most of Big10 ADs seem to be thinking they need to compete by outspending each other on Coaching salaries. . I don't think it makes sense to be spending $4.5 million/yr on a coaching staff (number roughly what Fran and staff were getting) and then spend only $1.5 million (rumor) on NIL at Iowa.. The moneyball play is to get a guy like an up anc coming Brad Stephens that is smart, can be a gm, and get that guy on the cheap vs over paying some P4 retread and having nothing left for NIL. PLay moneyball and get a young guy that you can hire sub $2 million/yr and give him contract where his salary is tied to B-ball revenue improvements and he has upside to the $6-7 million year that top paid B1G coaches like Devrise/Izzon are making.
Brad Stephens resume as Example...Beth can ask Brad to find another Brad
Born and raised in
Zionsville, Indiana, Stevens starred on the
Zionsville Community High School basketball team, setting four school records. After high school, he attended
DePauw University, where he played basketball and earned a degree in
economics. Stevens made the all-conference team multiple times and was a three-time
Academic All-America nominee. He transitioned into coaching after quitting his job at
Eli Lilly and Company, joining the
basketball program at
Butler University as a volunteer prior to the 2000–01 season. Stevens was promoted to a full-time assistant coach the following season. After five seasons in the role, he assumed the position of head coach on April 4, 2007, after
Todd Lickliter left to coach the
Iowa Hawkeyes. In his first year, Stevens led Butler to 30 wins, becoming the third-youngest head coach in
NCAA Division I history to have a 30-win season.