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Discussion Topic: Logie Putting Food on Gene Smith's Table
Ben Golden added to this discussion on March 25, 2014
Last edited by Ben Golden on March 25, 2014; edited 1 time in total
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Discussion Topic: Logie Putting Food on Gene Smith's Table
Jack Muni added to this discussion on March 25, 2014
Would he have gotten twice as much if Nick would have won a title?
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Discussion Topic: Logie Putting Food on Gene Smith's Table
Jack Muni added to this discussion on March 25, 2014
Would he have gotten twice as much if Nick would have won a title?
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Discussion Topic: Logie Putting Food on Gene Smith's Table
Ben Golden added to this discussion on March 25, 2014
There's a link to his contract in the article. The answer is yes. He will receive a bonus of "[o]ne (1) week base salary for each NCAA National Championship achieved by an individual sport participant."
Base salary is $940k, so one week's salary is ~$18k/individual title.
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Discussion Topic: Logie Putting Food on Gene Smith's Table
Bob Preusse added to this discussion on March 25, 2014
well indiv are amateurs, on schol, and many more are average or fail to do anything than succeed like Logan. Logan is in the "underpaid" camp but all those benchwarmers esp in football who are on Fulls, they are in the "overpaid" camp.
but Gene Smith geting a bonus for what Tom Ryan & staff developed, absurd. Its like some CEO pay in the private sector, absurd. Companies doing poorly and CEO still geting bonuses, lavish perks- and golden parachutes when they flee their sinking companies.
CEOs didnt invent or found the company, just hired hands like a assembly line worker. Like Gene Smith pay package, it all out of control. but so is pro sports pay, few if any ever live up to their lavish contracts. They'll sign for 5, 7 or 10 years, then give you 1 good one if that many before going on the injured reserve.
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Discussion Topic: Logie Putting Food on Gene Smith's Table
Ben Golden added to this discussion on March 25, 2014
Quote from Bob Preusse's post:
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"but Gene Smith geting a bonus for what Tom Ryan & staff developed, absurd. "
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Agreed (except with the spelling of "getting"). A small bonus would be one thing. $18k/champ is another matter. On the other hand, it does give him reason to care about the smaller sports.
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Discussion Topic: Logie Putting Food on Gene Smith's Table
Bob Preusse added to this discussion on March 25, 2014
(the older i get the worse my spelling GETS.)
Jim Tressel, btw, shunned most bonuses in his contract i read. Tressel said-- and rightfully so-- i am well paid to succeed, why would i get a bonus for doing what i'm paid to do?
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Discussion Topic: Logie Putting Food on Gene Smith's Table
Mark Niemann added to this discussion on March 25, 2014
Ben: you state "a small bonus, yes, but 18K, no". Where/how do you draw the line?
If it's in his contract, then who really is the "beef" with? Someone agreed to the contract. And those people would be the ones paying him.
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Discussion Topic: Logie Putting Food on Gene Smith's Table
Ben Golden added to this discussion on March 25, 2014
That's a fair question, Mark, and one I'm not sure how to answer. $18k seems high to me for two reasons:
1) Per Ohio State's website, the total cost of tuition, fees and estimated room and board for 2013/2014 is about $20.8k. So assuming that 100% of Stieber's aid came by way of athletic scholarship, tOSU is essentially giving as a bonus to Gene Smith the same amount they are "paying" (which is an imperfect term here, but I hope it illustrates what I'm getting at) Stieber.
2) The amount is ~2% of Smith's base salary. This is not a small portion considering Stieber is just one of hundreds (thousand?) student athletes under Smith's organization at Ohio State.
So those are two ways of looking at the number. Both seem inappropriate to me considering that a) Gene Smith was AT BEST a tertiary contributor to the accomplishment, and b) this really is not an example of where the athlete is really just a pawn in the brand/product that the university has built (as is the case in football). As always, I may be off base.
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Last edited by Ben Golden on March 25, 2014; edited 2 times in total
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Discussion Topic: Logie Putting Food on Gene Smith's Table
Bob Preusse added to this discussion on March 25, 2014
Quote from Mark Niemann's post:
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" If it's in his contract, then who really is the "beef" with? Someone agreed to the contract. And those people would be the ones paying him."
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Board of Trustees, how many are fat cats themselves, agreed to Gene Smith contract.
the "beef" is what many consider the inequity of a man being paid a bonus to do what he is paid a million dollars a year plus perks to do anyway. When paid that much why would GS get a bonus for doing what he should be doing?
and how much did GS have to do with Logan's success anyway?? anything??
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Discussion Topic: Logie Putting Food on Gene Smith's Table
Mark Niemann added to this discussion on March 25, 2014
As I tweeted at Cliff Fretwell:
Imagine if Clemson, Georgia (& GT), LSU, Cal-Bakersfield, CSU, Notre Dame or Oregon had the same thing.
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Discussion Topic: Logie Putting Food on Gene Smith's Table
Ben Golden added to this discussion on March 25, 2014
That is perhaps a fair point. I still think the amount feels inappropriate.
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Discussion Topic: Logie Putting Food on Gene Smith's Table
Mark Niemann added to this discussion on March 25, 2014
Quote from Ben Golden's post:
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"That is perhaps a fair point. I still think the amount feels inappropriate."
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I readja.
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Discussion Topic: Logie Putting Food on Gene Smith's Table
Hank Kornblut added to this discussion on March 25, 2014
While all agree that the amount in question is ridiculous, Smith does get credit for one thing...hiring Tom Ryan.
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Discussion Topic: Logie Putting Food on Gene Smith's Table
Ben Golden added to this discussion on March 25, 2014
Can't disagree with that!
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