Florida Colonial wrote:

Per Jeff Goodman
George Washington coach Chris Caputo has signed a contract extension through the 2029-30 season, he told @TheFieldOf68.

Caputo won 21 games last season.

GWU is a private institution, so the terms
Amounts
performance clauses/incentives
buyouts

are not publicly known?

I believe that he got a significant raise in line with other A-10 coaches. Let's just say it is north of $1 million. 

Can find out here, but only in a couple of years. I see that Christian got a $1m parting gift in the latest filing.

BM wrote:

Can find out here, but only in a couple of years. I see that Christian got a $1m parting gift in the latest filing.

 It was a buyout. So GW paid CC 800,000 to coach and JC almost $1 million not to coach in 2023. Someone should write a book on GW mismanagement under previous regimes. It would read like a comedy. 

BC wrote:

Not really ridiculous as the buyout lots of other schools have paid.  Look at Kelly's LSU buyout for example.  $53 million.  Then they fired the AD and provided him with a buyout, iirc.

 Don't think you can compare LSU with over $220 million in athletics revenues (as of 2023) to GW which is likely under $10 million as far as athletics revenues.

GWRising wrote:

BC wrote:

Not really ridiculous as the buyout lots of other schools have paid.  Look at Kelly's LSU buyout for example.  $53 million.  Then they fired the AD and provided him with a buyout, iirc.

 Don't think you can compare LSU with over $220 million in athletics revenues (as of 2023) to GW which is likely under $10 million as far as athletics revenues.

Sure I can.  I just did.

i don't know about GWU's buyouts
but the major football buyouts are sponsored by rich alumni
they, in part, decide that the FB coach gets fired, and they in part pay for it

tax deductible donations are given to the University football program and then used for the coach buyout

in addition, also the outside football affiliated foundations also contribute to the buyout 

Basketball Jones wrote:

i don't know about GWU's buyouts
but the major football buyouts are sponsored by rich alumni
they, in part, decide that the FB coach gets fired, and they in part pay for it

tax deductible donations are given to the University football program and then used for the coach buyout

in addition, also the outside football affiliated foundations also contribute to the buyout 

Also the shoe companies get involved ... see Penn State's buyout of James Franklin where Adidas reportedly shouldered some of the lift.

BM wrote:

porter71 wrote:

I don't really love this.  I like Caputo as a coach, but his first two years weren't that great, and last year the 20 win season was the product of a super easy schedule.  I like what I've seen so far this year a lot, but we're only three games in.  I would have loved to see a little more success before extending him.  Considering the number of coaches we've had to pay to not coach here over the past decade, I don't really want to see us make the same mistakes again.

I'm OK with it because I think its part of the cost of playing high(ish) level college sports these days. A few million in NIL $, a spendy, long-term contract for the coach, a spiffy new training facility, and fingers crossed that it works out.

 In theory it should work. In practice (not to use a pun), I hope to see the practice facility get built in my lifetime. I was told it would now be at least 5 years old lol.

1) I like CC as a basketball guy and good person--and so far, it seems like he had a banner recruiting year.
Would like a pure point and another big, but in the NIL market these things are no doubt
hard. And understand big men are pricey.
2) It is early, in relation to Porter's post and maybe we could have waited. The 21 wins were impressive given our past, but the schedule was soft. Maybe we couldn't wait in today's environment.
   It's in the filing, but don't see how the JC buyout was done well. Don't recall if he made a million a year at the end-and if he did, it wasn't worth it at that point in his career. Also shouldn't these contracts be offset by a coach's new deal?
If we owe JC any more years after he was gone, one would note that he is likely getting pretty well paid at Bryant.
   Here's another interesting point. The reason for early extension presumably is recruiting. A coach will
be there for 4 years. But today, players usually don't stay the four years. Not unique to GW, but an interesting question.
  Sure there will be pushback on this, but being a college basketball coach seems like a great deal. Sure there is a lot of pressure (but so are some minimum wage and up jobs including say Air Traffic Controller) and more than annoyance with a fan base more rabid than ours. Plus now the NIL nonsense.
   But if you fail, you get paid for years. If you are successful even one year out of several you get a good raise. And the contracts don't seem to bind you to anything. As LSU shows, it's obviously a much bigger
deal at the power schools.
    Still, outside of CEOs and high-ranking corporate executives, the rest of the working world doesn't have
that type of deal.
    CC is a basketball guy--and doubt money motivates him to go to work. We are glad at this point to have him. You can definitely say it was deserved, early or not.  And look forward to CC staying with us and hopefully guiding us to better heights.
  Now, I believe at a quick glance before retching, that the inimitable Forrest Maltzman was listed in there as a former provost or whatever he was--and getting about $450,000 including benefits. If any of that was related to basketball--about which he knew nothing but had considerable influence--he should be paying us for decades.
 If painful memory serves, he was a catalyst in the whole mess that is taking nearly a decade to clean up.
   Beyond the GW president, the academic salaries for administrators seems quite high. Prob the market. But that market is screwed up. And colleges are going to have to reckon with that at some point in the future.
  

Last edited by jf (11/13/2025 3:12 pm)