FACT CHECK: Iowa says men’s head basketball coach Fran McCaffery’s new deal puts him in the upper half of Big Ten Conference with regard to guaranteed compensation.
Is this claim factual? No.
How outrageous is this claim? Not very. Whether a simple mistake or a white lie, we’re talking about Iowa and a coaching contract we actually like. Let’s give them a break (especially after Licklighter).
“The seven-year agreement guarantees McCaffery a minimum average of $1.66 million annually over the length of the contract, beginning with a base salary of $1.3 million in 2012-13. The base salary moves McCaffery to the upper half of the Big Ten Conference in comparison to his colleagues.”
The University of Iowa said in July 2012 that a new deal between the school and head coach Fran McCaffery moves his base salary into the upper half of the Big Ten Conference in comparison to other head coaches. In this context the school is using “base salary” to mean guaranteed pay, but the comparison does not include various incentives that could be earned.
Overall, I like the contract. The school is providing a significant financial incentive for McCaffery to get the team into the NCAA tournament and to do so quickly. However, the claim of their head coach’s guaranteed compensation being in the upper half of the conference is simply untrue.
Specifically, let’s consider the six Big Ten teams who are likely to be preseason picks to finish higher than Iowa this season: Indiana, Michigan, Michigan State, Minnesota, Ohio State and Wisconsin. The head coach of each of those programs earns more guaranteed compensation than McCaffery’s new deal. We could go on (by looking at Purdue’s Matt Painter, for example), but we’re already comfortable stating that McCaffery’s guaranteed compensation remains in the bottom half of the conference and not in the top half as the University of Iowa has claimed.
Original article being fact checked:
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