I heard on fox sports it is 21 million over 5 or 6 years. He is a first time P5 head coach hire. This is why, after reading the blog by the UI Sports Mgmt professors/former NCAA and pro baseball exec, I do see more the reality of keeping KF. Division 1 head coaching salaries have been gone up 70% in the last 7 or so years according to this blog.
If the hawks were to fire Ferentz after 2014 they owed him about 3 million a year or maybe more for about 7 years and if they went out and hired a proven P5 coach they would be paying him probably 5 million a year if KF was making 4.5. The blog mentioned the logic of locking in KF for a long time at a smaller salary than hiring an unknown quantity.
The hawks may have a new bully in the Big 10 West so KF better up his game with an OCoord hire.
If the hawks were to fire Ferentz after 2014 they owed him about 3 million a year or maybe more for about 7 years and if they went out and hired a proven P5 coach they would be paying him probably 5 million a year if KF was making 4.5. The blog mentioned the logic of locking in KF for a long time at a smaller salary than hiring an unknown quantity.
The hawks may have a new bully in the Big 10 West so KF better up his game with an OCoord hire.
