Friday, March 31, 2023

What Is Winning The Horizon League Worth To A Coach?

Jerrod Calhoun is a coach on the rise. Calhoun took over Youngstown St. when it was floundering at the end of Jerry Slocum's tenure and he has built the team up into a formidable Horizon League squad. 

Last season the Penguins went 24-10 and took home the league's regular season title. While they ultimately fell to Northern Kentucky in the Horizon League tournament (and thus failed to make the school's first ever NCAA Tournament), they did get to host a first round NIT game against Oklahoma State. YSU finished the season 131st in KenPom, which is the school's highest ranking on the site since KenPom started posting results.

Calhoun will now need to rebuild a roster that ranked 14th in Division I experience last season, but he'll do it in a bit more comfortable of a coaching situation. Calhoun signed a new extension on Wednesday. His new contract runs through 2028 and includes a few new perks after YSU's recent success.

You can see the contract Calhoun signed before this past season and his new one on this site's Document page.

Compensation: Calhoun will now make a base salary of $300,000. That's a 40% ($86,000) raise over the $213,848 he was making prior to the season.

Marketing: Calhoun also received a significant increase in his marketing "bonus" from $5,000 to $50,000.

New Incentive: Calhoun now has a clause in his contract for if he wins Horizon League Coach of the Year. He of course won that award this season. That award would net him $10,000 moving forward.

What does YSU get in return? To keep one of the hottest names in college basketball coaching circles. Calhoun's contract now includes a buyout of 200% of his base salary through Feb. 29, 2024. That means he'll definitely be sitting the rest of this coaching cycle out. (After that it goes back to his previous clause which required a buyout only to lead another Horizon League institution.)

Not bad for a year's worth of work.

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