Women's Basketball Notebook: McGuff's Press Conference
By Tony Gerdeman
COLUMBUS, Ohio — The details of Kevin McGuff's contract have been made available. Here is the breakdown:
Base compensation: $500,000 per year.
Media, promotions and public relations: $100,000 per year.
Apparel/Shoe/Equipment: $250,000 per year
In addition to that combined $850,000 per year through the 2020-2021 season, he will also receive a $700,000 signing bonus.
There are also retention bonuses of $250,000 if he is still the coach on April 30, 2016 and April 30, 2020.
McGuff will also receive bonuses if the team reaches certain GPA criteria:
3.0 - $50,000
3.3 - $100,000
3.5 - $150,000
If OSU wins a Big Ten Conference regular season crown, he will receive a $20,000 bonus, plus one additional year added to his contract.
If OSU wins a Big Ten Tournament championship, he will receive a $40,000 bonus, plus one additional year added to his contract (he can only have one year added to his contract per year).
He will receive a $40,000 bonus for reaching the NCAA Tournament, and if he makes the Elite Eight, he will receive an additional $20,000, as well as receive an additional year added to his contract (provided it hasn't already been added).
If he makes the Final Four, there will be a $20,000 bonus.
If Ohio State wins the National Championship under McGuff, he will receive a $100,000 bonus. So, tallying it all up, if Ohio State wins a conference title, a conference tournament title, and a national championship this coming season, and his team hits the books to the tune of a 3.5 GPA, McGuff will have made $1.94 million this next year. Which means he can pay off his $1.75 million buyout and still clear a cool $190,000!
McGuff will also receive $1,200 per month, which will be used to cover automobile costs for two automobiles. OSU will also provide him with a full golf membership at a mutually-agreed upon golf course. Ohio State will pay the monthly dues.
Perhaps most important among these add-ons is the fact that McGuff will receive 12 tickets to each home football game.
* Executive associate athletics director Miechelle Willis passed along a story about how she and Gene Smith met with Thad Matta years ago during the interview process for Matta, and she was completely blown away by Matta's enthusiasm. She said the same thing happened when she talked with McGuff.
* This is the third different school that has employed both McGuff and Matta at the same time. Before their years as the respective head coaches at Xavier, they were both assistant coaches at Miami (OH).
* McGuff said that he talked to Matta once the Ohio State job opened up. Matta said he would let Gene Smith and Miechelle Willis go through the process, then he would put in a good word. Matta has told McGuff how great the women's basketball job was long before it was ever open.
* In the short term, McGuff said that he wants to fit his style to this team as best as he can, but that he knows he will have to defer to the players' respective abilities. He said next season is about the team, it's the players' season and he wants them finishing careers in the proper way. The implication seemed to be that there would be a one-year delay in advancing towards his vision because, simply, this isn't his team yet.
* McGuff said that he has not talked to Jim Foster yet, but hopes to do so in the near future.
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