Does Coach Key Deserve a Raise?

CrackerJacket

Jolly Good Fellow
Messages
467
Location
Corpus Christi, TX
Cabrera’d better be out there right now collecting the money to throw at Coach Key. Key bleeds white and gold, but if he could double his salary and have more resources - NIL bucks and a bigger budget for assistants - he’d be tempted, especially if the admin. takes a ‘wait & see’ attitude. I’ve never seen a coach better suited to Georgia Tech. It would be utterly foolish to let him go without a fight.
 

cpf2001

Helluva Engineer
Messages
2,768
Some will. Kiffin is probably going to be making 12+ million next year. Freeman and Elko will probably get raises. If everyone starts getting raises and the going rate for any coach is 10+ million, then it is certainly a risk for the mid level programs without the endless piles of money. The haves and have nots will split even further. I don't think it is sustainable to continually be trying to match the money that the mega programs can pay.
I don’t have the spreadsheets to name my ceiling for Key, but I’d also need to know what my fallback plan is, and how much that person will cost. If I don’t pay Key 9.5 but have to pay 6.5 to the next guy to avoid a risk of a Collins redux, I’m probably paying Key 9.5. Unless I have a huge home run lined up for that fallback.

Having a 30mil buyout risk for the replacement vs a 50mil buyout risk for Key doesn’t seem like the biggest existential risk, compared to “what if the replacement sucks.”

GT can’t afford to lose ticket sales and media eyeballs right now, especially before the potential Big 2 next phase of realignment.
 

Jacket05

Ramblin' Wreck
Messages
921
I don’t understand why everyone is pushing to hire Key as their coach at these factory schools. Tech is terrible this year. Tech hasn’t played anyone and they should have lost to Wake if not for the refs giving it to them. Tech is so overrated they wouldn’t even win a game if they played in the SEC or BIG.

YES this whole post is sArcAsM
 

WreckinGT

Helluva Engineer
Messages
3,738
I don’t have the spreadsheets to name my ceiling for Key, but I’d also need to know what my fallback plan is, and how much that person will cost. If I don’t pay Key 9.5 but have to pay 6.5 to the next guy to avoid a risk of a Collins redux, I’m probably paying Key 9.5. Unless I have a huge home run lined up for that fallback.

Having a 30mil buyout risk for the replacement vs a 50mil buyout risk for Key doesn’t seem like the biggest existential risk, compared to “what if the replacement sucks.”

GT can’t afford to lose ticket sales and media eyeballs right now, especially before the potential Big 2 next phase of realignment.
Brent Key got this job because we couldnt afford anyone else. We sold our big home games to Mercedes Benz stadium because we desperately needed the cash. Now we are like, 50 million, no biggie. lol. The problem isn't really a buyout. If we sign Key to a 9.5 million dollar contract then we will never be able to buy him out.
 

BainbridgeJacket

Helluva Engineer
Messages
2,190

50-5050.gif
 

BainbridgeJacket

Helluva Engineer
Messages
2,190
Brent Key got this job because we couldnt afford anyone else. We sold our big home games to Mercedes Benz stadium because we desperately needed the cash. Now we are like, 50 million, no biggie. lol. The problem isn't really a buyout. If we sign Key to a 9.5 million dollar contract then we will never be able to buy him out.
You ever consider that we couldn't afford anyone else because the boosters that are funding this all wanted Key all along? As in, that's why we were able to get him as OL coach because the boosters made it known he would get a shot after TStan went around them to hire Collins in the first place "all along".
 

cpf2001

Helluva Engineer
Messages
2,768
Brent Key got this job because we couldnt afford anyone else. We sold our big home games to Mercedes Benz stadium because we desperately needed the cash. Now we are like, 50 million, no biggie. lol. The problem isn't really a buyout. If we sign Key to a 9.5 million dollar contract then we will never be able to buy him out.
If we’re as broke as you’re worried here then we should just fold the program now. Best case in that world is we hit a home run for five million a year and then that person also leaves after two or three years of small to medium raises (they likely aren’t an alum with any prayer of giving us a discount) and then we just hire worse and worse coaches for that price forever.

It’s now or never for fundraising salesmanship. We supposedly couldn’t afford to fire Collins mid-season either until we did. The amount of money coming in depends on the product on the field; our big donors are reportedly quite fickle about that (extensive rumors of starving out Johnson and pushing back hard on Fritz). I just wish I had a few spare mil lying around.
 

WreckinGT

Helluva Engineer
Messages
3,738
If we’re as broke as you’re worried here then we should just fold the program now. Best case in that world is we hit a home run for five million a year and then that person also leaves after two or three years of small to medium raises (they likely aren’t an alum with any prayer of giving us a discount) and then we just hire worse and worse coaches for that price forever.

It’s now or never for fundraising salesmanship. We supposedly couldn’t afford to fire Collins mid-season either until we did. The amount of money coming in depends on the product on the field; our big donors are reportedly quite fickle about that (extensive rumors of starving out Johnson and pushing back hard on Fritz). I just wish I had a few spare mil lying around.
I don't think we are broke at all, we have the money to have a solid P4 program, but our history doesn't exactly reflect the new idea that we are now able and willing to pay 9.5 million a year for a single coach. We are going from lowest paid coach in the ACC recently to one of the highest paid coaches in all of college football in just a couple of years. It doesn't really make much sense. I don't think any of this matters much, because I don't think Key will get an offer like that elsewhere either. He will get a raise to 6.5-7 million in all likelihood and we will move on.
 

yeti92

Helluva Engineer
Messages
4,388
I don't think we are broke at all, we have the money to have a solid P4 program, but our history doesn't exactly reflect the new idea that we are now able and willing to pay 9.5 million a year for a single coach. We are going from lowest paid coach in the ACC recently to one of the highest paid coaches in all of college football in just a couple of years. It doesn't really make much sense. I don't think any of this matters much, because I don't think Key will get an offer like that elsewhere either. He will get a raise to 6.5-7 million in all likelihood and we will move on.
CPJ was one of the top 2 or 3 highest paid coaches in the ACC his first few years. We are willing to play ball if the success is there imo.

Now personally, I want to see a win over uga before we give him a big contract. Chan got close too but never won, and he got fired for it. Key should show he can get us over that hump.
 

GoldZ

Helluva Engineer
Messages
1,135
I believe there's some shortmemoryitis going on here. What can possibly go wrong with extensions and raises due to relatively short term success? If any program on Earth should know/remember such, it's ours.
Imo, extensions should be granted based on years left on contract for the sake of recruiting. Raises should be based on incentives(really substantial ones) for beating uga, going to ACCCG, winning ACCCG, and making the CFP. Focusing on being a marketing champion by matching insane salaries, unwarranted extensions, and mega buyouts, can and has severely harmed our program before...remember? When it's math vs responding to marketing trends, I'm going with math, but you have to consider where I went to school.
And this is from someone who absolutely loves what CBK/Cabrera has done...lately(even this season isn't over yet by a long shot). The rare coaches who can truly make a longterm difference are at the far right of the Bell Curve. Is CBK that unique? Time and only time will tell. His love for Tech is a way underrated factor in his success so far, and without it at Factory U, would he be as successful? I hope we don't find out. THWG
 

GoldZ

Helluva Engineer
Messages
1,135
CPJ was one of the top 2 or 3 highest paid coaches in the ACC his first few years. We are willing to play ball if the success is there imo.

Now personally, I want to see a win over uga before we give him a big contract. Chan got close too but never won, and he got fired for it. Key should show he can get us over that hump.
Yep, and CPJ had proven his worth at multiple programs over several years...a lot like Ross, which was a HUGE diff in guys like TFG, and BL.
 

MWBATL

Helluva Engineer
Messages
7,920
In our favor...
  1. Key’s success is short term and MAY depend on having one outstanding player at QB.. It’s not like he has a 10 year track record of success
  2. Many so-called “elite” programs need to make a splash with a “big name” coach. Key isn’t that (yet)
  3. Key knows he has support of the GT Administration, which isn’t necessarily the case at other programs. (See Auburn, for example)
  4. Key’s ties to Atlanta and GT are emotional as well as practical
In favor of Key leaving...
  1. Other schools likely have more money to throw at him than we do…especially in areas beyond his salary such as NIL
  2. Key’s family will be more comfortable with a ton more money
  3. Key’s reputation would soar if he can succeed at a “power program"
Overall, I think we keep him for now. If he continues to succeed at this level, I will worry in about 2-3 years time...
 

jeffgt14

We don't quite suck as much anymore.
Messages
6,249
Location
Mt Juliet, TN
Jeff Brohm is probably the closest comp here. A good ACC coach coaching at their alma mater so possibly some kind of good will discount. Brohm is currently making $6mil/year and a school like Florida would likely throw $8.5-9mil at him to lure him away. Louisville might be able keep him around $8mil. Coaches currently in the $9mil range like Kiffin are the only ones that any school would throw 8 figures at.

I think we need to be prepared to be around $7.5-$8 to keep Key. Considering what we're paying our assistants right now, I suspect we're prepared for that.
 

yeti92

Helluva Engineer
Messages
4,388
  1. Key’s family will be more comfortable with a ton more money
The opportunity for more is always nice, but I don't think Key or his family are lacking comfort or worried financially. He's making a base salary of $4.5m with up to $1.375m in bonus available this year on a contract good through 2029 with an ~$11m buyout, and he's certainly getting a raise after this season.
 

stech81

Helluva Engineer
Messages
10,014
Location
Woodstock Georgia
The opportunity for more is always nice, but I don't think Key or his family are lacking comfort or worried financially. He's making a base salary of $4.5m with up to $1.375m in bonus available this year on a contract good through 2029 with an ~$11m buyout, and he's certainly getting a raise after this season.
You are making me think about this which I hate to think on a Tuesday but not only would it be a raise for him but a pretty good raise for the IRS and they didn’t have to do anything for it.
 

4shotB

Helluva Engineer
Retired Staff
Messages
6,956
It is simple, we just can't have nice things. It is what it is.
Is this comment a reaction to the comments from the two morons that Cuse posted above yours, in which case it is ludicrous. Or do you have information that the rest of us are not privy to at this moment?
 
Top