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Why firing Fran is not so simple. Fran's buyout is $4.2M. Devries' buyout is almost $10M

Franisdaman

HB King
Nov 3, 2012
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Heaven, Iowa
Our MBB NIL budget is nowhere near other top programs. Would that change with a new head coach? Who knows. Right now, the big donors are more focused on football.

Sure, revenue sharing is coming, but those revenue sharing payments to players will simply be added to what the players are making in NIL.

Would attendance improve with a new head coach? Hopefully.

Do I think we will have a new head coach next season? Probably.

Check this out & watch:

 
It's just too bad that it would cost over $14M to get the guy everyone wants
$14M buys a lot of 4-5 stars over the next 8-10 years, if Beth is spending the money.

If not, Fran's going to walk away from this.

Having 2 4-stars recruits gives me hope Iowa is in the game now. 4-star range is up to $250K. Average play $65K.
 
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I don’t see a route forward for Beth if Fran doesn’t retire and digs in. Her hands will be tied at that point. Not enough NIL support to attract a quality candidate, who will want NIL guarantees, which Iowa cannot make for men’s bball, apparently. She’s not gonna fire Fran without 100% certainty she has her coach ready to step in shortly thereafter. I just don’t see it happening
 
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Getting the right man on the sidelines isn't gonna be as easy or cheap as pulling some average schmoe off the streets of Iowa City.

You want quality, you're going to have to pay for it.

What do you think Fran does? If I were him, I would force Beth to fire me, to collect the $4.2M.

What do you think Beth does?
 
You're not even close on the the DeVries buyout, it's 37.5% of his remaining contract and the whole contract was $15 million

In the video I posted, I thought Chad said Devries' buyout is close to $10M. Scott didn't disagree.

Maybe the $10M is a combination of Fran's $4.2 and Devries' roughly $5.8?

Here it is, again:

 
In the video I posted, Chad said it's close to $10M. Scott didn't disagree.

Here it is, again:


He's wrong. He's most likely looking at what is is from the WVU side, where they owe him 75% of the remaining deal. The buyout is lower on DeVries end

 
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At some point it does come down to priorities.
Spending 14 million on BB coaches would seem excessive.
Just hire a recruiter guru like TJ at a reasonable# (Spurlock) then put a old school guy like belein on bench to train coach and players.

The air gets thin at top of best leagues...unless we grab painter or Izzo we have no guarantees that Devries or McCollum or guys like them can succeed at the top of power 5 league.
Why plow huge money into coach when it can buy talent on floor instead?
 
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It's just too bad that it would cost over $14M to get the guy everyone wants
images
 
He's wrong. He's most likely looking at what is is from the WVU side, where they owe him 75% of the remaining deal. The buyout is lower on DeVries end


I edited my post above.

Maybe the $10M that Chad spoke of was a combination of Fran's $4.2 and Devries' roughly $5.8.
 
I edited my post above.

Maybe the $10M that Chad spoke of was a combination of Fran's $4.2 and Devries' roughly $5.8.

It's less than 5.8 if he doesn't hit the auto extension this year which isn't a given. Then it'd be around 4.

The Fran buyout drops in April and can be paid out over 3 years which means the hit up front isn't as bad. They will also very likely negotiate a lower number.
 
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Again, this all helps my growing apathy for college sports in general. Worrying about how much to allot for the coach versus how much to allot for the players…….getting closer to casually caring to not caring at all.
Sad cuz it was all “appointments” stuff not long ago.
 
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I honestly wonder how many on this site would pony up for season tickets if the team became a contender like say Purdue of Michigan St.
I ponied up for football season tickets for 20 years. But that’s a once/week deal. Plus in 2.5 hours away(one way). However I firmly believe that DSM/ Eastern Iowa folks would do it if they bring the right guy in.
 
If Fran stays. i could see Beth attempting to negotiate some modifications in his contract for more favorable terms.
 
What do you think Fran does? If I were him, I would force Beth to fire me, to collect the $4.2M.

What do you think Beth does?
I think there's little doubt that IF he isn't the coach after this season, that Fran takes his 4.2M buyout in/after April.

He, nor anyone, is turning down ~1.4M for the next 3 seasons, no matter his next move in life.

If he does so, there ain't nobody in the world who thinks starting off the first three years of retirement while pulling in 1.4M per year is undesirable.


As far as what I think Beth does? I'm hoping Fran takes the decision out of her hands as she might be hamstrung otherwise due to Barta's massive incompetence, unfortunately.
 
At some point it does come down to priorities.
Spending 14 million on BB coaches would seem excessive.
Just hire a recruiter guru like TJ at a reasonable# (Spurlock) then put a old school guy like belein on bench to train coach and players.

The air gets thin at top of best leagues...unless we grab painter or Izzo we have no guarantees that Devries or McCollum or guys like them can succeed at the top of power 5 league.
Why plow huge money into coach when it can buy talent on floor instead?
You still have to have a good coach.
 
You're not even close on the the DeVries buyout, it's 37.5% of his remaining contract and the whole contract was $15 million.

Also wrong on Fran's and ignoring that it can be paid out over 3 years

Furthermore, The coaching contracts are usually 1-way deal--- if coach leaves early on his own accord, schools don't enforce the
buyout. If coach is fired, coach gets all the money. W. Virginia could play hardball and ask for the buyout money---Iowa can just move
to the next guy. No big deal. I like the Drake coach about the same as Devries.
 
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Fran can't stay, it's just not feasible. I don't care what his record is, I don't care how many times he's finished in the upper half of the conference, etc, etc. College sports is a business and the consumer does NOT want what the University is currently selling in terms of the men's basketball product. There's nothing Fran could do in the short term to change that. There have been games this year where the butts-in-the-seats number is under 2,000 in a 16,000 seat arena. In no world does it make sense to have that continue. The consumers have spoken.

I think right now the avg "paid" attendance for home games this year is right around 6,000. Increasing that to 10,000 next year at about $30/seat for 20 home games comes to $2.4M. That literally pays for 2 years of the 3 year buyout payment plan.

As far as paying another coach's buyout, I don't think DeVries is worth the buyout it would cost. Ben McCollum, on the other hand, would be a better play in my opinion. He's won, and won big, at literally every stop he's made. He has multiple national championships at the D2 level and in his first year with a bunch of D2 players at Drake, it looks like he's gonna win the MVC. The guy can coach, period. He honestly reminds me of a nicer version of Bo Ryan.

But regardless of the new coach, Fran has to go. It would be a huge red flag in my book if Beth let him stay another year. It would show me that the BF move really wasn't hers (as has been widely speculated) and maybe she's just not ready for the tough decisions necessary at the big boys conferences. However, if she does fire him/negotiate a mutual parting, then that shows me that maybe she does have what it takes.

The ball's in your court, Beth.
 
I don’t see a route forward for Beth if Fran doesn’t retire and digs in. Her hands will be tied at that point. Not enough NIL support to attract a quality candidate, who will want NIL guarantees, which Iowa cannot make for men’s bball, apparently. She’s not gonna fire Fran without 100% certainty she has her coach ready to step in shortly thereafter. I just don’t see it happening
I am sure NIL discussions are happening behind the scenes. If a change is made, a burst of excitement will result in more money for players. It is up to the new coach to keep that money flowing.


Do we honestly believe WV is in a better NIL position than Iowa?
 
What about Chris Jans. I think we are in pretty good shape with Jans, Devries, and McCollum as possible candidates. All three have proven they can win over multiple seasons and with different rosters. I think Jans is probably the best recruiter but I think McCollum might be the best coach who can get the most out of his players and I do think Devries and Jans can coach. They both have proven it. Can McCollum get the necessary high end skilled athlete that is needed to compete in the Big Ten. If your roster is one of the least athletic in the new Big Ten but you get the most out of them with great coaching I am not sure the results would be any different than they have been for the last 25 years from Fran all the way back to when Alford got here.
 
Hawkeye Central has Fran's at $4.2M.
DeVries calcs to $4.5M last 4 years $12.2M.

Both have to be April 1.
If DeVries gets an extension it will be millions more.
 
If Fran’s wants to coach again, and he might, then he will take a buyout of around $2 million I’d suspect. I also think he has a great deal of pride in himself and the program and doesn’t want to be fired. Most people get to a certain age and money matters less, especially when you already have plenty. I lean towards the belief that something has already been worked out.
 
The question is, is it time Iowa moves on from Fran mccaffery. Iowa has enough tv money to make it work and find away. Don’t give out any crappy excuses, bunch of weak media guys that want to stay on good terms in case Fran does return. But the AD will be judged poorly if she sits on her hands. It’s time the men’s find a coach that hopefully recaptures fan interest. That problem only compounds the longer you wait to fix it.
 
What do you think Fran does? If I were him, I would force Beth to fire me, to collect the $4.2M.

What do you think Beth does?
Fran has a contract. It's up to Beth if she wants to honor it. He hasn't been extended, which is a recruiting issue. Although not so much these days as players can get paid and leave after one year, every year.
 
You're not even close on the the DeVries buyout, it's 37.5% of his remaining contract and the whole contract was $15 million.

Also wrong on Fran's and ignoring that it can be paid out over 3 years
Right.

Also, DeVries isn't the only girl on the dance floor in a room full of insert your generation's definition of an attractive female...............

Even if Fran's buyout is $4.2 million, which is lower than I thought it'd be, I'd gladly help pay that cost. :)
 
Fran has a contract. It's up to Beth if she wants to honor it. He hasn't been extended, which is a recruiting issue. Although not so much these days as players can get paid and leave after one year, every year.
And yet he's still pulling in slightly above average recruits.........so how much of an issue is it really?


;)
 
Our MBB NIL budget is nowhere near other top programs. Would that change with a new head coach? Who knows. Right now, the big donors are more focused on football.

Sure, revenue sharing is coming, but those revenue sharing payments to players will simply be added to what the players are making in NIL.

Would attendance improve with a new head coach? Hopefully.

Do I think we will have a new head coach next season? Probably.

Check this out & watch:

Everybody knows that Iowa is a women's basketball school. I'm funneling all of my big donations to that program and hoping my fellow donors follow my lead.
 
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What about Chris Jans. I think we are in pretty good shape with Jans, Devries, and McCollum as possible candidates. All three have proven they can win over multiple seasons and with different rosters. I think Jans is probably the best recruiter but I think McCollum might be the best coach who can get the most out of his players and I do think Devries and Jans can coach. They both have proven it. Can McCollum get the necessary high end skilled athlete that is needed to compete in the Big Ten. If your roster is one of the least athletic in the new Big Ten but you get the most out of them with great coaching I am not sure the results would be any different than they have been for the last 25 years from Fran all the way back to when Alford got here.
I have always thought Jans would be a good hire.
 
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