Will a new contract make Boise State's Chris Petersen a $3 million man?
Coach Pete is one of the best values in college football, and Boise State is hoping to do something about that. With negotiations picking up for a new contract, you have to wonder: How much will Petersen make?
After the jump, see what Coach Pete's peers are hauling in and debate whether or not the university can afford to pay the going rate. Is $3 million per year out of the question? Is anything less a slap in the face? Share your thoughts in the comments.
(Note: Most contract figures came from USA Today's salary database.)
The McMackin Law provides impetus for contract negotiations
There is an unspoken rule at Boise State: A Bronco head coach should always make more than Greg McMackin. Such is not the case right now as McMackin currently pulls in more than Coach Pete despite Hawaii's not being all that good since McMackin became head coach.
Hawaii's head man isn't the only coach putting Petersen's contract to shame. There are others.
WAC salaries
- Greg McMackin - $1.1 million
- Coach Pete - $1.1 million
Other non-BCS coaches
- Gary Patterson, TCU - $1.8 million
- June Jones, SMU - $1.2 million
- Skip Holtz, East Carolina - $1.3 million
- Kyle Wittingham, Utah - $1.2 million
- George O'Leary, Central Florida - $1.3 million
The question then becomes not whether Coach Pete needs a new contract, but how big will this new contract get?
Keeping up with the Gary Pattersons
Whatever number Petersen and Bleymaier decide on for the new contract, you can be sure that fellow non-BCS coach Gary Patterson's salary will enter the conversation. Patterson received a raise and extension from TCU this month.
The exact terms of Patterson's new contract, which extends his current deal by two years to 2016, were not disclosed, but sources close to the TCU administration say the new deal is guaranteed and puts his salary in the range of $2.5 million annually, up from $1.8 million per year. Also, TCU retained no buyout clause, so Patterson could take another job without a penalty. Patterson has it pretty good. The guaranteed contract means that he'll get paid the full sum even if he gets canned before the contract expires. The raise to $2.5 million per year puts Patterson's salary above that of a majority of BCS-conference coaches. And Patterson can take a better job with no fear of buyout. How will this impact Coach Pete's negotiations? A salary of $2.5 million now seems like an industry standard since Patterson and Petersen are unanimously considered the best coaches in the non-BCS ranks. Petersen's success at Boise State is in many ways greater than Patterson's stretch at TCU, so the case could be made that Coach Pete deserves more than $2.5 million. Is $3 million per year asking too much?
Mack Brown's largesse
Three million per year is pocket change for newly minted Texas coach Mack Brown. The contract extension he signed on Monday makes him the highest paid coach in college football.
Beginning next season, Brown will be paid at least $5.1 million a year under a contract revision approved by the UT System Board of Regents. He'll become the first college football coach to reach the $5 million threshold and he'll zoom past Southern California's Pete Carroll, whose $4.4 million in total compensation for USC's 2007-08 fiscal year topped USA TODAY's 2009 survey of football coaches' pay.
Don't think for a second that Coach Pete will be able to finagle $5 million, but Brown's contract is a sign that college football programs across the country are doing whatever it takes to keep their coaches in town. An absurdly large contract is becoming the norm.
Can the university afford to do right by Coach Pete?
Let's say that Coach Pete deserves $3 million per year. Can the university afford that?
Petersen is already the state's highest-paid employee. A contract extension that more than doubles his current salary will be a tough sell when it goes before the state board for approval, and it will greatly affect Boise State's budgets. Plus, let's not forget that the Broncos pay their assistants better than any other non-BCS school. You have to wonder at some point if the university is going to have to make the choice between paying its assistants or paying its head coach.
Coach Pete has said time and again that he is happy at Boise State. Will that mean a hometown discount when contract negotiations heat up? The way that Boise State has been scrambling for extra money lately, you might wonder if a hometown discount is the only way this contract will work.
Your turn
How much do you think Coach Pete will make in his new contract? Should he get $3 million per year? Should he at least match Gary Patterson's deal? Share your thoughts in the comments.
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42 comments
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Comments
About $2 million, maybe less.
I don’t see BSU offering $3 million and I don’t even seeing Coach Pete asking for that amount. It seems he has been willing to take less on his contract in the past in order to open up more funds for the assistants.
I look for the contract to be lower than expected, but loaded with performance based incentives and clauses. It will be interesting to see the final buyout figure.
"...east and west is the problem, north and south the solution."
by MKingery on Dec 16, 2009 7:52 AM PST reply actions 0 recs
I'm thinking between $1.8 - 2 million
They should at least match what Patterson is getting considering TCU is a smaller school in a fellow mid-major conference.
I’m sure eventually the $3 million dollar mark can be reached, but the current rate is exceedingly awesome when taking into account how long BSU has been playing Div 1 football and the stadium size.
I think anyone should be satisfied with a million plus, but if it takes more to keep Pete around then do whatever it takes.
"Gandhi didn't take a knee, Martin Luther King didn't take a knee, Thomas Edison didn't take a knee, and I sure as hell am not going to take a knee." - Dan Hawkins
by BoiseState on Dec 16, 2009 8:18 AM PST reply actions 0 recs
Give him 2 million
and boost assistant salaries at all costs. I would hate to see Wilcox go. If Harsin leaves, at least we have Pete as the offensive minded coach to keep his system implemented.
by Finloopio on Dec 16, 2009 8:18 AM PST reply actions 0 recs
Yes
good call. You can never forget assistant coaches. The officers of the battlefield. Very crucial.
"Gandhi didn't take a knee, Martin Luther King didn't take a knee, Thomas Edison didn't take a knee, and I sure as hell am not going to take a knee." - Dan Hawkins
by BoiseState on Dec 16, 2009 8:21 AM PST up reply actions 0 recs
Petersen’s success at Boise State is in many ways greater than Patterson’s stretch at TCU, so the case could be made that Coach Pete deserves more than $2.5 million. Is $3 million per year asking too much?
Patterson’s salary comes from a private college. Petersen’s not so much. I already do hear from Vandal fans the injustice of it! (Texas faculty learning from Vandals, now).
Contract negotiations for Coach Pete would probably include not just salary, but assistant coaches salaries, and facility expansion. He’s a class act and will probably never leave Boise until Oregon loses Chip Kelly.
"You know where i'm from, a little suspicion about one's true identity and motives is considered good manners."
-- Nale
by Loque on Dec 16, 2009 8:27 AM PST reply actions 0 recs
in Idaho a million-plus is plenty right now
He has said he’s not a money guy, and that he would rather see his assistants get paid, facilities upgraded, stadium expanded etc. I would rather see a focus on that, plus putting more into the school in general.
Not that I don’t think he deserves more money. But where’s it gonna come from? Future success, more butts in the seats, more seats in which to place butts, as has been pointed out already.
by hummerofdoom on Dec 16, 2009 10:30 AM PST up reply actions 0 recs
of course
I forgot that his kid had cancer, who knows what medical expenses he’s got to account for.
by hummerofdoom on Dec 17, 2009 6:02 AM PST up reply actions 0 recs
It seems like every year
teh “Coach Petersen Ice” gets thinner. At soem point the 0’s at the end of the line have to matter. I agree with the remarks and have hope. maybe the examples of Koetter and Hawkins, and to a lesser extent Nutt, have an impact.
tvmunson
by tmunson on Dec 16, 2009 8:42 AM PST reply actions 0 recs
McMackin vs Petersen
I believe Coach McMackin’s salary is comparable to Coach Petersen’s not because of performance, but because of the high cost of living in Hawaii. (although, I do believe coach McMackin is making a little too much money, based on performance)
by Drofdarb23 on Dec 16, 2009 8:47 AM PST reply actions 0 recs
I think we have the best "troika" in college football
in our HD, OC and DC. I wonder how long we can keep harsin and Wilcox.
tvmunson
by tmunson on Dec 16, 2009 8:54 AM PST reply actions 0 recs
Thinking the same thing.
I’m really surprised that they’re not getting calls.
"You know where i'm from, a little suspicion about one's true identity and motives is considered good manners."
-- Nale
by Loque on Dec 16, 2009 10:40 AM PST up reply actions 0 recs
Stadium upgrades.
The only real plausible way to continue raising salaries is to increase seating capacity at Bronco Stadium, or sell naming rights to TDAmeritrade or something. I think Coach Pete deserves every penny he can get, and his record backs that up. Although winning only one bowl game in his tenure sticks in my craw.
Boise State - The best in all the land (The "land" being Idaho, and large parts of California, Oregon, and Nevada.)
by Mikrino on Dec 16, 2009 9:06 AM PST reply actions 0 recs
What's a craw?
Catch me on the BroncoNation Podcast!
by OBNUG Intern on Dec 16, 2009 9:11 AM PST up reply actions 0 recs
Here’s a better one.
Boise State - The best in all the land (The "land" being Idaho, and large parts of California, Oregon, and Nevada.)
by Mikrino on Dec 16, 2009 9:21 AM PST up reply actions 0 recs
Oh I get the expression. I just always wondered what exactly a "craw" was.
Now I know:
–noun
1. the crop of a bird or insect.
2. the stomach of an animal.
Catch me on the BroncoNation Podcast!
by OBNUG Intern on Dec 16, 2009 9:29 AM PST up reply actions 0 recs
In the idiom
its supposed to mean your throat.
Boise State - The best in all the land (The "land" being Idaho, and large parts of California, Oregon, and Nevada.)
by Mikrino on Dec 16, 2009 9:31 AM PST up reply actions 0 recs
Right... what was I thinking? I forgot to consider the idiom...
Catch me on the BroncoNation Podcast!
by OBNUG Intern on Dec 16, 2009 10:39 AM PST up reply actions 0 recs
You're all wrong.
The one. The only. The Craw!
"You know where i'm from, a little suspicion about one's true identity and motives is considered good manners."
-- Nale
by Loque on Dec 16, 2009 10:43 AM PST up reply actions 0 recs
That makes more sense.
I could see how something would get stuck now!
Catch me on the BroncoNation Podcast!
by OBNUG Intern on Dec 16, 2009 11:09 AM PST up reply actions 0 recs
International market.
I hope that we get it. I really think Boise has eye appeal that would cater to international communities, particularly Asian countries. That type of consistent market/merchandise sales might say something to conferences looking for an addition.
Oh, well… In my dreams
"You know where i'm from, a little suspicion about one's true identity and motives is considered good manners."
-- Nale
by Loque on Dec 16, 2009 10:42 AM PST up reply actions 0 recs
The Price of Success
I would agree that Coach Pete and the staff deserve to be paid for performing at high level for an extended period of time (Shouldn’t the Uof I see more than a good six weeks before showering Akey with more money?).
A bigger, related question——-
If you want Coach Pete to make more money and stay in Boise,
And keep the staff together,
And expand the stadium to increase revenue opportunities
And add BSU women’s sports to feed Title IX….
Are you going to complain that ticket prices/BAA memberships will be higher and that game programs aren’t free anymore?
This is the core example of the price of major college football. Cash is king, to a level of insanity—-hello Texas!
Are you in? Get out your checkbook.
Or is the WAC good enough?
Don’t demand that Coach Pete deserves more money and that the home schedule should have much tougher visitors if you don’t want to pay for it.
Here is the fence—-please pick your side now.
Straddlers will be mocked and ridiculed.
by ElPepeGrande on Dec 16, 2009 10:25 AM PST reply actions 1 recs
get a second job if you have to!
by hummerofdoom on Dec 16, 2009 10:33 AM PST up reply actions 0 recs
I'm working three jobs
So Coach Peterson will stay in Boise.
It’s all about community!
"You know where i'm from, a little suspicion about one's true identity and motives is considered good manners."
-- Nale
by Loque on Dec 16, 2009 10:44 AM PST up reply actions 0 recs
very commendable :)
But unless you’re willing to open a line of credit and max it out buying Bronco merchandise, we’ll just never be one of the big boys. sigh
by hummerofdoom on Dec 16, 2009 1:39 PM PST up reply actions 0 recs
I can vouch for Loque. He did his part this year. He bought season tickets!
Not to mention the other Bronco gear he has! In addition, he lives in Idaho Falls. There are few who are as dedicated a fan as Loque!
Catch me on the BroncoNation Podcast!
by OBNUG Intern on Dec 16, 2009 6:12 PM PST up reply actions 0 recs
i saw that espn piece on the lowest paid coaches that are doing
well. it was chris peterson, kyle whittingham and bronco mendenhall leading the pack. all these men deserve big raises. mack brown making 5.1 million next year. i don’t think texas could beat tcu this year. btw is it not funny that colt mccoy came out for a playoff once his team was in ncg. hmmmmm nice try colt. sorry about your third place finish in the heisman.lol. kellen moore i believe was number 6 in heisman voting and i think 4 of the guys ahead of him are going to the nfl. boise state should let the country know and gets some hype going for him.
yes i am obsessive, obnoxious, in your face and all about covering the spread. those are my good qualities.
by wolfmanshowlforever on Dec 16, 2009 1:22 PM PST reply actions 0 recs
Kellen finished 7th and got 10 first place votes
10 out of 900-whatever ain’t bad! Not for BSU anyways.
by hummerofdoom on Dec 16, 2009 1:44 PM PST reply actions 0 recs
highest finish ever!
Boise State - The best in all the land (The "land" being Idaho, and large parts of California, Oregon, and Nevada.)
by Mikrino on Dec 16, 2009 1:46 PM PST up reply actions 0 recs
I said it above, I'll add to it.
The only way Coach Pete makes what he deserves is if the onus is put on improving the facilities. Not only does expanding the seating of the stadium put more people in front of the Broncos on gameday, but improvng the facilites catches the eye of recruits, and in the same thread, improves the level of play on the field for the consumer.
Coach Pete has said before he would only leave if he saw no improvement for facilities and assisstants in the future. I agree with ElPepeGrande’s sentiment that, once this ball gets rolling don’t be standing in front of it trying to stop it, when you helped push it down the hill in the first place.
I also think moving to another conference would help tremendously in affording the Broncos the opportunity to grow on the field. I think most of us will agree, the WAC is not catching up with Boise State, as much as some like to think it so.
Boise State - The best in all the land (The "land" being Idaho, and large parts of California, Oregon, and Nevada.)
by Mikrino on Dec 16, 2009 1:56 PM PST reply actions 0 recs
Modified Highlander Compensation Model
If your team wins, you get 1/2 the opposing coach’s salary, prorated on a per game basis, in addition to your own salary.
Think competiton junkies like Patterson or Petersen would go for that?
Mumme, Tomey, not so much.
by Invigilator on Dec 16, 2009 4:46 PM PST reply actions 0 recs
Time to get out the wallet.
Coach Pete can pretty much get what he wants. May the force be with him.
by BSU Alumni stranded in Portland on Dec 16, 2009 4:49 PM PST reply actions 0 recs
these coaches deserve more money two bcs bowl berths is very good
yes i am obsessive, obnoxious, in your face and all about covering the spread. those are my good qualities.
by wolfmanshowlforever on Dec 16, 2009 5:12 PM PST up reply actions 0 recs
Worth it
I don’t care if it’s $3 million or $30 million, Peterson is worth it. Just pay him enough that he’ll stay for a long time.
by CaptainBronco on Dec 16, 2009 7:33 PM PST reply actions 0 recs
The total revenue of Boise St. athletic department last year
was a little over $20 million. By comparison, TCU raked in over $40 mil. So to pay over 10% of that to one coach…is not very healthy from an accounting standpoint. Given the WAC revenue sharing model, no matter if he takes Boise to a BCS Bowl for the next 5 years, you are sharing that money with all WAC members. So your school makes the WAC lots of money, but not much happens in return. This is why you need to go to MWC. Anyway, I think he knows that anything over $1.8 million will put a serious strain on the AD budget and only be cutting off the program’s nose to spite…
"I think it's safe to say our concerns are many." -- Kirk Ferentz
by StoopsMyAss on Dec 17, 2009 4:50 AM PST up reply actions 0 recs
I agree with that.
Which is why I think a modest raise is more fitting, and an emphasis on upgrading the facilities should be the long term focus for the coaching staff. I think Pete does have that as a long term vision, which is why he largely disregards rumors about job openings and even offers for that matter. His side of the fence has an truck load of upside, I think he knows that. No sense in leaving for greener grass, IMO.
Boise State - The best in all the land (The "land" being Idaho, and large parts of California, Oregon, and Nevada.)
by Mikrino on Dec 17, 2009 7:01 AM PST up reply actions 0 recs
ISITNECESSARY?
CP is NOT going to leave BSU looking for more money. He will leave for a bigger program (overall) and a better (more consistent) chance at the NC game. Am I wrong? I think $3 million isn’t necessary although I would have no problem giving it to him.
His top assistants (Wilcox, Harsin) WILL however leave for more money. I’d say pay them more but, eventually they are gonna leave anyway. So is that really needed?
by bluecrushing on Dec 17, 2009 9:18 AM PST reply actions 0 recs
If he is paid $3 million
he will likely be the highest paid coach in terms of salary percentage of total football revenues. Football revenues at Boise are $16 million…so nearly 1/5 would be going to one coach. Mack Brown is paid $5 mil on $87 million in football revenues at Texas.
I can’t see CP being paid more than $1.5 mil. He knows he would only damage the program taking more.
"I think it's safe to say our concerns are many." -- Kirk Ferentz
by StoopsMyAss on Dec 17, 2009 8:59 PM PST up reply actions 0 recs
Patterson’s contract is a reward for the continued loyalty he’s had for TCU rather than using it as a springboard for bigger jobs, ala his predecessor Coach Fran. While I will certainly agree that Coach Peterson is deserving of a pay raise and his coaching acumen deserves a high rate, I think rating more than Patterson would require a few more years of not flirting with bigger schools.
by HawkeyedFrog on Dec 18, 2009 1:44 AM PST reply actions 0 recs
New Coach Openings
USC job is available – Pete Caroll made $5 million a year. Would coach Pete leave for $5 mill a year with a 4 or 5 yr contract?
by Johnny Winter on Jan 9, 2010 5:17 PM PST reply actions 0 recs














