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Post by KY Crusader 75 on Feb 8, 2022 13:04:16 GMT -5
Something I've thought about over the past year as we debated how long Coach Chesney might stay at HC is the notion of staying in the same community/house and keeping his kids in the schools they like. Some people actually value this over immediate career advancement. Perhaps because I think this way I may be reading too much into Coach Chesney's statement on the new contract. Some may suggest that he is simply trotting out the cliches Maybe not....
"Worcester has become home for my family, and we are humbled and grateful for the opportunity to continue our time in this great community and at Holy Cross," Chesney said. "The young men and coaches in our program have lived out the vision we saw four years ago. Through their commitment and hard work, they have had a chance to see that vision all the way through to multiple championships – and our ambitions are set even higher for the years to come.
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Post by Pakachoag Phreek on Feb 8, 2022 13:10:14 GMT -5
full text
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Post by hcpride on Feb 8, 2022 13:16:57 GMT -5
First thought…Chesney extension. Could very well be something else… You nailed it!
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Post by midwestsader05 on Feb 8, 2022 13:21:43 GMT -5
After last season concluded, many of us closest to the program said we need to put Coach Chesney and his key staff members in a place where they are not forced to leave HC for another FCS program just for the money. They've done so much for us and now we need to take care of them. It appears... although we don't know specifics yet...we've potentially done this.
Said another way, if Coach Ches has the desire to be a FBS coach, he now can move directly from Holy Cross to a service academy, MAC or C-USA program. Other PL Head coaches that took the FBS route this century (Lembo at Lehigh, Clawson at Fordham) had to make CAA stops (Elon and Richmond respectively) before they made the FBS jump. Hopefully, now if the likes of Towson comes calling Coach in the next year or two, he can tell them to go pound sand. If any coach finds a home at HC and wants to be a FCS coach for a decade or more, HC should be a place where you can do exactly that (are we there now?) If one has higher level aspirations, it should be a program where you can jump directly from FCS to the Group of 5 FBS. And with enough success and national brand ID, who's to say a lower level Power 5 FBS program couldn't call eventually?!
I hope Coach spends this week celebrating with his beautiful family and the staff seeing the biggest raises do the same! They've earned it!
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Post by cmo on Feb 8, 2022 14:07:37 GMT -5
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Post by bringbackcaro on Feb 8, 2022 14:21:41 GMT -5
For BBC, this contract extension begins July 1. Former ADMB had to include the increased cost of the contract in the budget for the athletic department that was put together late last year. ADMB hung around long enough to still be on campus when the BoT met some weeks back and finalized the budget. It is likely that the budget includes more money for the assistant coaches. From the strategic plan: Parsing language in the first bullet, the PL represents the peer programs salary levels, the Ivy League and the CAA (football) would represent the aspirational programs. A skilled athletic director would be constantly working with our most important donors and having a pool of people/money available to fund coaching contract increases for Football and MBB without the need for the archaic budgeting process as it relates to those sports.
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Post by cmo on Feb 8, 2022 14:23:20 GMT -5
Guesses on compensation package? Buyout clause?
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Post by KY Crusader 75 on Feb 8, 2022 14:27:44 GMT -5
For BBC, this contract extension begins July 1. Former ADMB had to include the increased cost of the contract in the budget for the athletic department that was put together late last year. ADMB hung around long enough to still be on campus when the BoT met some weeks back and finalized the budget. It is likely that the budget includes more money for the assistant coaches. From the strategic plan: Parsing language in the first bullet, the PL represents the peer programs salary levels, the Ivy League and the CAA (football) would represent the aspirational programs. A skilled athletic director would be constantly working with our most important donors and having a pool of people/money available to fund coaching contract increases for Football and MBB without the need for the archaic budgeting process as it relates to those sports. Is Kit Hughes in your sights now?
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Post by bringbackcaro on Feb 8, 2022 14:34:00 GMT -5
A skilled athletic director would be constantly working with our most important donors and having a pool of people/money available to fund coaching contract increases for Football and MBB without the need for the archaic budgeting process as it relates to those sports. Is Kit Hughes in your sights now? Huh?
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Post by hcgrad94 on Feb 8, 2022 15:37:36 GMT -5
What a great day! Funny to see folks focusing on idiotic side issues and not celebrating. This is becoming the program we have all wanted since Mark Duffner left. Kudos to AD and President for getting this done.
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Post by hcgrad94 on Feb 8, 2022 15:38:26 GMT -5
78 rpm records here.... Great news...though as others have stated, he could be plucked away tomorrow, this at least seems to solidify his position at HC and gives him the ability to completely focus on the program here for the time being. You good with Coach Ray Bans at this point 87?
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Post by longsuffering on Feb 8, 2022 16:12:26 GMT -5
Thank you PVR. Unclear how decisive ADKH was in the process. I don't imagine President Vince and the B.O.T. could have been swayed away from their commitment to reward and retain excellence even if a new AD wanted to pump the brakes.
If you extended your two palms and in the left one you put $91 million or whatever the Luth Center cost, and in the right one you put the amount that this contract costs over what HC would pay to average 4-7 in FB with no championships or post season play for five years, you would get a much bigger bang per buck from what's in the right palm.
The Luth contributed to success but superior coaching is still needed to win championships at Holy Cross.
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Post by rgs318 on Feb 8, 2022 17:00:27 GMT -5
I am thrilled that we have this contract extension for HCBC. Past - outstanding record and three straight PL titles, Present - another good recruiting class coming on board this fall and now Future which has been addressed for Coach Chesney, his family and (I hope) his assistant coaches. There are some who will find negatives here (or create them if none are apparent). I can write that off to a degree because for some their desire to see HC. success has been battered down for decades. I pray they can set that aside and take this day for the major win it is for all in the HC community. Of course, for those who look at the Cross and find only negatives, this is not good news. So far there has been an attack on the "ego" of the AD. (Would you want an AD who did not have a strong sense of self-worth and a strong ego? I would not. That is how one comes believe that he can get the job done in overcoming some big challenges.) And we have read people question details of the contract, looking for some small way to make it seem less than it is. OK, come back when you actually know something about those contract details (good or bad) but until then, please be quiet. As soon as the last season ended, folks posted that a priority for our new AD would be to get a longer term contract for the coach(es). That has now been done. Enjoy the day (please) and stop trying so hard to find a way (ways) to rain on our Purple Parade. (...and please spare me details about some other coach on the other side of the country with no connection whatever to Holy Cross - as if that mattered at all to those of us, HC fans, who post here.)
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Post by longsuffering on Feb 8, 2022 17:20:20 GMT -5
We don't play Buffalo until September 10, which is the third college football week after week zero in August and Labor Day weekend. Is that our first game? We got spoiled with the quick turnaround between championship seasons when we won the league and went to the NCAA FCS playoffs twice in calendar year 2021. Buffalo will be at Maryland the week before they play us.
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Post by bfoley82 on Feb 8, 2022 17:26:53 GMT -5
Of course, for those who look at the Cross and find only negatives, this is not good news. So far there has been an attack on the "ego" of the AD. (Would you want an AD who did not have a strong sense of self-worth and a strong ego? I would not. That is how one comes believe that he can get the job done in overcoming some big challenges.) And we have read people question details of the contract, looking for some small way to make it seem less than it is. OK, come back when you actually know something about those contract details (good or bad) but until then, please be quiet. You are more than welcome to share the details of the Chesney contract. Here was former Eastern Washington head coach Beau Baldwin's contract details from 2017 which did not have a buyout. He went to Cal as the OC and now at Cal Poly as a HC. It has the salaries of other high level FCS coaches from back then. www.spokesman.com/stories/2017/jan/15/new-contract-rewards-beau-baldwins-winning-ways-wi/
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Post by spenser on Feb 8, 2022 17:34:18 GMT -5
I am thrilled that e have this contract extension for HCBC. Past - outstanding record and three straight PL titles, Prtesentident - another good recruiting class coming on board this fall and now Future which has been addressed for Coach Chesney, his family and (I hope) his assistant coaches. There are some who will find negatives here (or create them if none are apparent). I can write that off to a degree because for some their desire to see HC. success has been battered down for decades. I pray they can get that aside and take this day for the major win it is for all in the HC community. Of course, for those who look at the Cross and find only negatives, this is not good news. So far there has been an attack on the "ego" of the AD. (Would you want an AD who did not have a strong sense of self-worth and a strong ego? I would not. That is how one comes believe that he can get the job done in overcoming some big challenges.) And we have read people question details of the contract, looking for some small way to make it seem less than it is. OK, come back when you actually know something about those contract details (good or bad) but until then, please be quiet. As soon as the last season ended, folks posted that a priority for our new AD would be to get a longer term contract for the coach(es). That has now been done. Enjoy the day (please) and stop trying so hard to find a way (ways) to rain on our Purple Parade. You have said this much more eloquently than I could have and it completely reflects my thoughts. This is a great day for Holy Cross. Enjoy it!!!
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Post by Pakachoag Phreek on Feb 8, 2022 17:41:14 GMT -5
For BBC, this contract extension begins July 1. Former ADMB had to include the increased cost of the contract in the budget for the athletic department that was put together late last year. ADMB hung around long enough to still be on campus when the BoT met some weeks back and finalized the budget. It is likely that the budget includes more money for the assistant coaches. From the strategic plan: Parsing language in the first bullet, the PL represents the peer programs salary levels, the Ivy League and the CAA (football) would represent the aspirational programs. A skilled athletic director would be constantly working with our most important donors and having a pool of people/money available to fund coaching contract increases for Football and MBB without the need for the archaic budgeting process as it relates to those sports. That approach is not the policy of the college, nor of any college that I know of. The naivete expressed and exposed in your approach suggests that you are self-employed. Budgets are not archaic processes, and employment contracts are just that: a contractual obligation by the college to pay an employee the sums specified in the contract for the services rendered. There is one exception to what I wrote in the paragraph above: an endowed coaching position, in which "important donors" can endow a coaching position, with the corpus of that restricted endowment fund being used to pay some or all of the coach's compensation. An $8 million endowment with a 4.5 percent annual distribution would cover a coach's $350,000 annual salary. Perhaps you know one or more of the "important donors"; if so, you ought to encourage them to 'pony up'.
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Post by longsuffering on Feb 8, 2022 17:46:49 GMT -5
Of course, for those who look at the Cross and find only negatives, this is not good news. So far there has been an attack on the "ego" of the AD. (Would you want an AD who did not have a strong sense of self-worth and a strong ego? I would not. That is how one comes believe that he can get the job done in overcoming some big challenges.) And we have read people question details of the contract, looking for some small way to make it seem less than it is. OK, come back when you actually know something about those contract details (good or bad) but until then, please be quiet. You are more than welcome to share the details of the Chesney contract. Here was former Eastern Washington head coach Beau Baldwin's contract details from 2017 which did not have a buyout. He went to Cal as the OC and now at Cal Poly as a HC. It has the salaries of other high level FCS coaches from back then. www.spokesman.com/stories/2017/jan/15/new-contract-rewards-beau-baldwins-winning-ways-wi/Good stuff. The no buyout makes the contract tilt towards the coach's favor but he certainly earned that with his performance at E.Washington and nine year tenure. It also makes the contract simpler which has a certain value. The incentives are quite reasonable for the University but fair in the sense the coach receives five years of security and the University receives none.
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Post by bringbackcaro on Feb 8, 2022 18:45:46 GMT -5
A skilled athletic director would be constantly working with our most important donors and having a pool of people/money available to fund coaching contract increases for Football and MBB without the need for the archaic budgeting process as it relates to those sports. That approach is not the policy of the college, nor of any college that I know of. The naivete expressed and exposed in your approach suggests that you are self-employed. Budgets are not archaic processes, and employment contracts are just that: a contractual obligation by the college to pay an employee the sums specified in the contract for the services rendered. There is one exception to what I wrote in the paragraph above: an endowed coaching position, in which "important donors" can endow a coaching position, with the corpus of that restricted endowment fund being used to pay some or all of the coach's compensation. An $8 million endowment with a 4.5 percent annual distribution would cover a coach's $350,000 annual salary. Perhaps you know one or more of the "important donors"; if so, you ought to encourage them to 'pony up'. www.wsj.com/articles/SB122853304793584959“The same is true for college basketball. North Carolina's Roy Williams earns only $260,000 in salary. The rest of his $1.6 million annual compensation is made up of a combination of funds from the school's $350,000 radio and television deal, about $500,000 from Nike, and a five-year, $3.9 million "retention" bonus that's being paid to Mr. Williams by the Rams Club, a booster group.” HC has had a retention bonus like this in the past with RW.
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Post by longsuffering on Feb 8, 2022 19:07:04 GMT -5
I'm glad coach and college got the deal inked. Funding sources can be fine tuned in the future depending on how successful fundraising is but the college went ahead and committed to it now, which is positive.
I like the UNC arrangement where the State employee portion is only $260K. Holy Cross doesn't have to deal with politics or state pension contributions like State Universities do where everyone who is breathing in the State is a stakeholder. HC can be straightforward and decisive and they were.
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Post by longsuffering on Feb 8, 2022 19:12:44 GMT -5
I am thrilled that we have this contract extension for HCBC. Past - outstanding record and three straight PL titles, Present - another good recruiting class coming on board this fall and now Future which has been addressed for Coach Chesney, his family and (I hope) his assistant coaches. There are some who will find negatives here (or create them if none are apparent). I can write that off to a degree because for some their desire to see HC. success has been battered down for decades. I pray they can set that aside and take this day for the major win it is for all in the HC community. Of course, for those who look at the Cross and find only negatives, this is not good news. So far there has been an attack on the "ego" of the AD. (Would you want an AD who did not have a strong sense of self-worth and a strong ego? I would not. That is how one comes believe that he can get the job done in overcoming some big challenges.) And we have read people question details of the contract, looking for some small way to make it seem less than it is. OK, come back when you actually know something about those contract details (good or bad) but until then, please be quiet. As soon as the last season ended, folks posted that a priority for our new AD would be to get a longer term contract for the coach(es). That has now been done. Enjoy the day (please) and stop trying so hard to find a way (ways) to rain on our Purple Parade. (...and please spare me details about some other coach on the other side of the country with no connection whatever to Holy Cross - as if that matter at all to those of us, HC fans, who post here.) Uh oh. I already commented on the post about the E. Washington head coach contract. 😐
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Post by mm67 on Feb 8, 2022 19:12:55 GMT -5
Right now, I am basking in the metaphorical glow of the Coach Chesney extension. It brought tears of joy. An extension of this magnitude will provide a big lift to the entire. college community. Wonderful! Thank you Pres. Rougeau, AD Kit Hughes & the great Coach Chesney above all . In Hoc Signo
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Post by Crucis#1 on Feb 8, 2022 19:14:23 GMT -5
We don't play Buffalo until September 10, which is the third college football week after week zero in August and Labor Day weekend. Is that our first game? We got spoiled with the quick turnaround between championship seasons when we won the league and went to the NCAA FCS playoffs twice in calendar year 2021. Buffalo will be at Maryland the week before they play us. From previous discussion, the first game of the 2022 season will be against Merrimack on September 3rd. The team should be ready for retribution!
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Post by longsuffering on Feb 8, 2022 19:20:24 GMT -5
A fine tune up before shuffaloing. I was dismayed when HC started playing former D-2 schools. But I'm over that. If Merrimack develops into a good rivalry with another in-state Catholic School, I'm happy to live in this century and enjoy it.
I wonder if they have another QB who can put on a show like the grad transfer did last year. And if he gets another Covid season, bring it on.
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Post by A Clock Tower Purple on Feb 8, 2022 19:35:48 GMT -5
Guesses on compensation package? Buyout clause? Whatever it is HC is now financially protected when Ches leaves, which they weren't if he bounced after this past season.
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