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BB Could be 1st $10 mil coach

Discussion in 'PatsFans.com - Patriots Fan Forum' started by Digger44, Feb 28, 2007.

  1. Digger44

    Digger44 2nd Team Getting Their First Start

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    http://community.foxsports.com/blogs/NFL_Czar

    "If I had to pick one, I’d say that New England’s Bill Belichick could become the NFL’s first $10 million head coach whenever he was free to leave the Patriots. Belichick is worth it as a coach, slash personnel director. With more and more marginal players earning $4-5 million a season because the salary cap is $109 million, it makes sense for an owner to pay the big number to a head coach who can properly manage that huge player-salary budget."

    Pretty interesting. I would hope that Mr. Kraft does it first.
     
  2. signbabybrady

    signbabybrady Veteran Starter w/Big Long Term Deal

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    #24 Jersey

    very interesting. I hope he has already done it.:D
     
  3. SeanBruschi54

    SeanBruschi54 In the Starting Line-Up

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    #24 Jersey

    I'd be willing to pay him Manny Ramirez money.

    :D
     
  4. Digger44

    Digger44 2nd Team Getting Their First Start

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    and BB will show up to camp in time!
     
  5. SeanBruschi54

    SeanBruschi54 In the Starting Line-Up

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    #24 Jersey

    But his mother just had heart surgery!!!
     
  6. PATSNUTme

    PATSNUTme Paranoid Homer Moderator Staff Member PatsFans.com Supporter

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    #75 Jersey

    We will never know what BB is being paid or for how long his contract is. There will be people who think that they know, but they won't.
     
  7. kierkegaard

    kierkegaard Practice Squad Player

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    Well I think we can take comfort in the fact that if anyone understands the concept of "value" it is Belichick. So when it comes to negotiating contracts and getting paid the big bucks who would approach the situation from more objective perspective (one would hope)? That is, of course, assuming that he wants to be here and also that Kraft wants him here.
     
    Last edited: Feb 28, 2007
  8. DarrylS

    DarrylS PatsFans.com Supporter PatsFans.com Supporter

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    I assume BB will be here as long as he wants to be, the Kraft family have midas touches, BB has been a major player in this run and under him they have thrived.. BB is well taken care of by the Kraft family if were to find out, nothing would surprise me.
     
  9. PatsFanSince74

    PatsFanSince74 PatsFans.com Supporter PatsFans.com Supporter

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    Agreed.

    To me the question is, is $10mil worth it from Kraft's point of view?

    Kraft's stated "on the field" objective for the team is to be competitive (defined by him as making or being highly competitive for a playoff spot) every year. I don't think there's any doubt in anybody's mind that BB would pass the test on that score. So, check.

    The question we can't answer is how would $10 (presumably along with increases in Assistants, etc. salaries) fit with Kraft's financial objectives and the question we really can't answer is whether BB may well indeed be worth a lot more than that to other owners.

    It's no secret that the Patriots are ranked second or third among the most valuable franchises in the NFL, somewhere north of $1.1b, or around 4.8 times revenue (the league median is probably around 4.7, if we believe Forbes). Considering that Kraft paid $172 for the team in 1994 (in addition to what he paid for the old stadium and land), it certainly seems easy to say that any marginal payment to take BB to $10 and upgrade his assistants' salaries would be easily justifiable. However, Kraft is carrying a boatload of debt from the new stadium deal to the extent that his debt ratio is among the highest in the league. This drives (in relative terms) his operating profit down, so that his operating earnings rank eighth, while the revenues the Patriots generate rank second.

    If Kraft believes that the franchise is now sufficiently branded and if he is reasonably confident of the power of his ancillary income from the stadium and other rights to sustain his revenues and his value to revenue ratio, as a businessperson, he might decide that he shouldn't increase his operating costs and so could decide not to pay. Or he might decide, OK, $8--10 is as far as I will go. But there may be other owners for whom Belichick's value far exceeds $10.

    Anyway, as a fan, I sure hope that he pays the $10mil if that's what the market is saying BB is worth and I hope that the bond between Kraft and Belichick is strong enough to keep Belichick in Foxboro for the rest of his career.

    There may, however, be other owners for whom the economic value-added that Belichick would bring in terms of improved revenues and franchise value would make significantly more than $10mil a no brainer. To my mind, that is what we need to worry about.

    I personally believe that Belichick is a once in a generation coach, comparable to Halas and Brown and Lombardi. With today's open and capital-stuffed markets, his value could be very high indeed.
     
    Last edited: Feb 28, 2007
  10. RayClay

    RayClay Pro Bowl Player

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    #75 Jersey

    I think he could be President.

    He needs to form a campaign committee soon, though.

    Also, I think Hula Hoops are ready for a comeback.
     
  11. satz

    satz 2nd Team Getting Their First Start

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    I think kraft pays BB what he wants and so does piolli. Its more than money as scott refused 2 times in a row to goto the gaints for more money and a higher post.
    It must be a understanding between the 3 and also when they speak they speak about in long time basis.they have believe in their product to sell it to their players.

    I think the true greatness will be realized after tom leaves and we are still contenting every year.till then the threads on some window that is closing will always be here.
     
  12. salty

    salty On the Game Day Roster

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    Just think how many boxes of cash he could send to his mistress!

    (Sorry, couldn't resist.)
     
  13. MoLewisrocks

    MoLewisrocks PatsFans.com Supporter PatsFans.com Supporter

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    I believe BB would find it difficult to maintain the system and salary structure tenents that go hand in hand with it - including not only the players but the VP who serves as his pseudo GM - were he to become the first $10M HC here or elsewhere.

    And I increasingly have the feeling he will not coach in the NFL when he leaves here, which will not be for several more seasons. Though he may eventually take over a college program because he enjoys teaching the game to players hungry for that knowledge. Were the Annapolis job to open up as or after he retires, I could see him settling in there as Charlie has in ND with an eye toward making the Midshipmen a force as they were when he was growing up there while his Dad coached in the program. And writing about the history and evolution of football theory in the cap era. And turning out more young assistants everyone in the pros wants to hire. And quadrupling his lucrative speaking engagements. And serving on select corporate boards. And getting to have some privacy again in his personal life.

    I could even see him doing a transition year in broadcasting (not ESPN) just to disprove the difficult/dour persona they've draped on him and prove you can be a must watch football comentator without stooping to loudmouth schtick.
     
  14. PatsFanSince74

    PatsFanSince74 PatsFans.com Supporter PatsFans.com Supporter

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    Excellent points all. Assume you've read Halberstam's book, as what you are saying about him is certainly consistent with the portrait presented there. The absolutely amazing thing, though, is that the economics of the NFL and the wealth created for the owners could make a guy like BB worth, in a financially rational way, $10mil or more a year! That boggles my mind, but the economics say it is so...for some teams.
     
  15. Danny Boy®

    Danny Boy® Banned

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    Most people would....too bad Krafty wouldnt.
     
    Last edited: Feb 28, 2007
  16. DB15

    DB15 Third String But Playing on Special Teams

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    he would deserve every penny I tell ya
     
  17. Digger44

    Digger44 2nd Team Getting Their First Start

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    How can you say that? Mr Kraft forks out 3 SB rings and is doing his part to keep us competitive each year. He has stepped up every time with BB when he has needed to. What right or even evidance do you have to say that?
     
  18. mgcolby

    mgcolby Woohoo, I'm a VIP!!! PatsFans.com Supporter

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    He has none - but him and Newton_tom_cat would make great buddies. :cool:
     
  19. Digger44

    Digger44 2nd Team Getting Their First Start

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    It sounds just like a Sox fan waiting for games to begin.
     
  20. ChoWZa

    ChoWZa Third String But Playing on Special Teams

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    It will be interesting to see how the Red Sox ruin the best Line-up and Rotation they've had in years.




    But I'd chip in a $100 to keep Bill Belichick if I was asked. That should cover him for a few seconds.
     

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