Crean #s for 2014

[Uwe Robb 1,072]

Hopefully the people complaining about $716k in recruiting costs aren't at the same time calling for a $12 million buyout of Crean's contract.

 

Which one is the real waste?

 

Recruiting costs money. Not all of that money was spent on 2 players... you recruit a lot of guys you don' get. Money has been spent on guys they are still recruiting. And I guarantee you the amount of money spent on Priller and April was negligible compared to the full-court press on guys like Blackmon.  

Read all the terms of the 12 Mil buyout. It will never actually be $12 mil.

[Uwe Robb 1,072]

I agree with your point to Hova about spending too much money for the classes we've been getting, but it's not $2.8M for 2 players as you said in the post I'm quoting.

 

For that argument to work the annual budget would have to be way higher than $700k/year. That would suggest that $700k in each of 2014, 2013, 2012 and 2011 was dedicated to obtaining only Morgan and OG. But if the budget was $700k/year then how did we get all of the other players we've gotten in that time span, if in fact all $700k was dedicated to just those two guys.

 

I think the reality is is that the $700k paid for all of the recruiting activities associated with that year, whether it be to go watch Juwan and OG or to go see others or whatever. But part of that money will pay off with whoever we get in 2016, 2017, etc.

 

Regardless, I agree we spend way too much money for the results we're getting in terms of wins and losses. To that I think most of us can agree.

I totally agree with you. I apologize if I was making it sound like I thought all that money was for 2 players. I am strictly speaking of ROI.

 

Look if I buy $700k in powerball tickets and only win $20 and couple free tickets then my ROI was not very good, I think we can all agree.

 

If I spend $700k and recruit Goodluck, Isaiah Whitehead, Tum Tum Nairns, D Rob, Trey Lyles, Theo Pinson, Jaquan Lyle and Tim Priller and the only one I get is Tim then my ROI is not very good.

 

* I realize we got more than Priller just trying to prove my point

[WindyCitySource 600]

Also, how are we not looking at the revenue numbers here?! IU is bringing in 3x as much revenue on Men's BB ticket sales than Purdue. They make $6m more in ticket sales alone and spend just $500k more on recruiting. 

[WindyCitySource 600]

Read all the terms of the 12 Mil buyout. It will never actually be $12 mil.

 

LOL ok... $11.2 million or $7.5 million or whatever it ends up as... the point is the same. 

[Uwe Robb 1,072]

Also, how are we not looking at the revenue numbers here?! IU is bringing in 3x as much revenue on Men's BB ticket sales than Purdue. They make $6m more in ticket sales alone and spend just $500k more on recruiting. 

I could care less about Purdue. I am hoping everyone on this site is not striving to be as good or a little bit better than Purdue. I would like to be back competing against UK, Duke and Kansas.

[Uwe Robb 1,072]

LOL ok... $11.2 million or $7.5 million or whatever it ends up as... the point is the same. 

Could end up being as little as $3-$4 mil if he resigns or if he takes a job immediately after being fired.

[WindyCitySource 600]

Could end up being as little as $3-$4 mil if he resigns or if he takes a job immediately after being fired.

 

Great.. still 5x more than the recruiting budget people are complaining about.

 

Also, neither of those things is going to happen. 

[WindyCitySource 600]

I could care less about Purdue. I am hoping everyone on this site is not striving to be as good or a little bit better than Purdue. I would like to be back competing against UK, Duke and Kansas.

 

The whole point of this thread (and the linked article) is comparing IU's recruiting budget (among other things) to Purdue's. That's where the comparison comes from... not me. 

[Uwe Robb 1,072]

Great.. still 5x more than the recruiting budget people are complaining about.

 

Also, neither of those things is going to happen. 

Again, it comes down to return on investment. I think the full $12 mil would be worth getting a new coach.

[Uwe Robb 1,072]

The whole point of this thread (and the linked article) is comparing IU's recruiting budget (among other things) to Purdue's. That's where the comparison comes from... not me. 

Not sure the whole point was to compare IU and Purdue. I am pretty sure they listed every school in the state. I think the whole point of the article was to have some transparency in the athletic budget.

 

But I guess we are both entitled to our own opinions. That is what makes this site the best!!

[WindyCitySource 600]

Again, it comes down to return on investment. I think the full $12 mil would be worth getting a new coach.

 

Well I guess I can't argue with your personal opinion. Nor did I intend to. I'm just here to point out the hypocrisy that $716k is too much to spend on recruiting and building a program, but $12m is more than fair to pay a coach to go away. 

[WindyCitySource 600]

 

But I guess we are both entitled to our own opinions. That is what makes this site the best!!

 

True that

[Uwe Robb 1,072]

Well I guess I can't argue with your personal opinion. Nor did I intend to. I'm just here to point out the hypocrisy that $716k is too much to spend on recruiting and building a program, but $12m is more than fair to pay a coach to go away. 

Not sure if you read my previous posts, but I would be more than okay with paying $700k a year for recruiting if we were recruiting with the likes of UK, Duke & Kansas. My problem is (and I can't prove this without those school's numbers) I would assume we are spending just as much as these schools, but not getting near the return on investment.

 

As for the 12 Mil for CC to go away. I would much rather pay $0, but the $12 mil will be coming from donors that believe that $12 mil for a new coach would be a great return on investment, not from the Taxpayers and tuition money that is going towards the recruiting budget. 

 

I also don't see the small percentage of fans that are still on board with Tom Crean raising $3.7 mil (x 5 more years) to keep him around. Money and power talks. He could very well be around another year or two, luckily we will all find out in a week or two.

[Hovadipo 56,871]

See my post to Cottage Grove on the rolling investment. What I am saying is $2.8 million per 4 years worth of recruiting you should be nailing down UK type classes. Multiple burger boys and multiple 4 stars. If you are spending that much time and money building relationships we should see a little more return on investment.

The '15 class is down. I'll give you that. But last year? Burger Boy and 4 star Rob. The year before that? Burger Boy Noah with Troy who was a Jordan Classic 4 star guy I believe and Stan, who hasn't panned out like we'd like but he still was top 100. The year before that? Yogi and a highly touted (albeit unsuccessful) group, but recruiting hits and misses are a different subject. There's also some solid role players coming from each class. This team is obscenely talented, they just aren't producing like they could for multiple reasons.

Also, I'd really be interested to see UK's $ numbers to see if we really should be measuring up to their recruiting. My guess would be they spend a ton more than us but I really have no idea.

[Feathery 4,005]

For clarification I was making a tongue in cheek comment when I said $2.8 million for 2 players.

I have no issue with the amount of money being spent on recruiting. I have no problem with the Crean buyout bc IU could potentially walk away paying him peanuts, if he gets the right job. Money is not the issue for IU basketball. See many many other threads for what's wrong with the program.

[Uwe Robb 1,072]

The '15 class is down. I'll give you that. But last year? Burger Boy and 4 star Rob. The year before that? Burger Boy Noah with Troy who was a Jordan Classic 4 star guy I believe and Stan, who hasn't panned out like we'd like but he still was top 100. The year before that? Yogi and a highly touted (albeit unsuccessful) group, but recruiting hits and misses are a different subject. There's also some solid role players coming from each class. This team is obscenely talented, they just aren't producing like they could for multiple reasons.

Also, I'd really be interested to see UK's $ numbers to see if we really should be measuring up to their recruiting. My guess would be they spend a ton more than us but I really have no idea.

I agree, the hits and misses is what I would argue and that would be a whole different thread.

 

As for UK, it would depend on what all goes on the books and what all goes on WWWes' AMex card.

[Hovadipo 56,871]

I agree, the hits and misses is what I would argue and that would be a whole different thread.

As for UK, it would depend on what all goes on the books and what all goes on WWWes' AMex card.

Haha off the books UK probably spends more than the entire B1G combined. But seriously, on the books I would just assume they're up around 1 mil per year.

[WayneFleekHoosier 48,699]

Um, Van Pelt talking about IU right now and Creab

[WayneFleekHoosier 48,699]

Cites chanting of Crean sucks. OMG. What a joke

[WayneFleekHoosier 48,699]

Van Pelt knows squat about CBB or at least acted that way.