Kansas coach Mark Mangino is earning $2.3 million per year, which is more than three times what Ron Prince currently earns at Kansas State.
Does it matter? No question.
What’s going to be done about it? Well, that’s up to Bob Krause and Prince.
Krause told me in June that discussions regarding an extension and raise for Prince had been ongoing since July 2007 — mere months after Prince guided K-State to a 7-6 record in his first year, which included a victory against Texas and an appearance in the Texas Bowl.
Looking back, it was just three months later, in October, when Prince decided he longer needed the services of his agent, Barry Terranova. It was Terranova who negotiated the coach’s initial five-year deal at K-State at a rate of $750,000 per season.
Terranova sued Prince in February, claiming the K-State coach owed $67,500 in payments in a suit filed in Riley County District Court. That would be the agent’s three percent fee for the remainder of the three years of the contract he negotiated, which Terranova obviously believes he should be compensated for.
Whether Terranova was involved in any discussion of an extension is unknown. What is certain, however, is that Prince did not officially sign a contract to be represented by Terranova’s Executive Sports Management firm — the suit says as much, according to the Manhattan Mercury.
The suit is pending, and it’s not hard to see why.
If Prince is forced to pay $67,500 — without having a signed agreement — the argument could be made that Terranova could be entitled to whatever raise Prince had brokered with the university; rumor has it Prince would be bumped to $1.1 million per season, which certainly seems reasonable, even with yesterday’s news out of Lawrence.
Basically, don’t expect any news of a Prince extension until after Terranova’s suit is resolved.
But the question remains — is Mangino worth three times, or, if/when Prince receives his extension, two times his rival in Manhattan?
Another question, especially given how 2007 ended, is does Prince deserve a raise? Wouldn’t the department be best served with a wait-and-see approach, especially with this season’s rugged Big 12 schedule? Or is the appearance of having a head coach with security more desirable?
Honestly, I don’t know. I’m asking here.
Terranova did not respond to e-mails this morning. Prince has been unavailable all week. Krause won’t be available for comment until tomorrow afternoon.
Thoughts?
21 Comments
Why not? Just as many seasons of .500 in Big 12 play with much less time to reach said level.
“But the question remains — is Mangino worth three times, or, if/when Prince receives his extension, two times his rival in Manhattan?”
Based on past results, yes.
If you ask Prince, I’m sure he believes he deserves a raise and extension, but 7-6 and 5-7 seasons merit no reward imo.
I think a majority of fans want Prince gone if we don’t get to a bowl and beat one of the three North Rivals. It would look bad if Krause gave him more money and we tanked again. Mangino got a raise for doing something. I don’t think fans are as concerned with losing Prince as they were before last season. I’d wait until late December before doing anything there.
I say as long as Freeman is there, let the coach build his team.
He should receive a minimal raise to send a message to other coaches that we’re willing to pay. The next two years should also be looked at and if he’s able to put talent around a great QB. However, if Prince’s ace turns out to be a waisted opportunity, it’s time to look for a replacement.
I would wait and see this year. No reason to give him an extension if he tanks again this year. And no Mangino isn’t worth 3 times what Prince is worth, Mangino is just overpaid.
I take it back, if you gave Prince a raise I guess it would show or prospects for a new coach that we are willing to pay good money.
If by raise you mean work for free then yes, he deserves a raise.
No freaking way.
Not until he proves he’s not the second coming of Ellis Rainsberger.
The answers to your questions are:
No, No, Yes, and a solid “Maybe”
Personally, I’m seeing a three and out for Prince because of three reasons, 1) I didn’t see progress last year and 2) I saw complete failure the last four games of the season, two of which were to last place teams. 3) I didn’t see that he was fostering a positive team atmosphere with respect–I saw too many deflated young men in November, men who used to care but didn’t seem to anymore.
If perhaps his strategy of adding a platoon of jucos to the roster doesn’t pan out then I say we’ve got some hiring and firing to do in December.
Now, with that being said, it should be noted that he is 12-13 after two years and he has one bowl trip. If we look back at Synder after just two years, he was just 6-16. However, by the third year Snyder hit 7-4 in 1991 and then dipped to 5-6 in 1992. But then, remember, the magic began to take place…1993 we were 9-2-1 and won, yes won the Copper Bowl–the first of 6 bowl wins and 11 bowl appearances with Snyder at the wheel. If we had given up too early we would not have the name we have a K-State, but is it too early to deal with Prince?
Now, should we give Prince 5 years to prove himself? I think yes, as long as we see improvement year to year. A dip in progression like Snyder may happen but we need to see progress. Should we give Prince a raise? I would have waited until after this season and made an assessment.
No raise, except one based on performance.
If he gets to a bowl game, he should be compensated in the form of a bonus ($250k) and a 2 year extension. If not, KState should be looking for another coach.
Prince came into the league surrounded by relatively new head coaches. If both Colorado and Nebraska out perform Prince this year and KState does not at least split KU/Missouri, Prince should be fired.
This is how Princes new contract should work. He wants the money then show us some W’s! I think that any coach that gets 7 wins in the big 12 deserves a Million dollar contract! So breaking that down Prince should receive $142,857 for every game he wins. Once he reaches 7 wins he should receive $350,000 for each additional win. So if Prince could duplicate Manginos season last year he would have been paid 2.75 million dollars, not to much for a BCS bowl victory if you ask me. If he duplicated his last season he would come in at $714,285, probably to much but it is the big 12 and Prince is already the lowest paid coach!
Is Mangina paid by the pound?
Spread Sheet Boy- I hate it when people compare Prince’s start to Snyder’s…Snyder had NOTHING to build off of, Prince had EVERYTHING Snyder left KSU with (If not the most talented players at the end at least the name recognition and a foundation). I just find it hard when you whoop up on Texas at Texas then get embarassed by a horrible NU or ISU… you obviously have the ability to win so what does that tell you?
i usually expect a raise when i do slightly more than 50% of my job
Apparently we are few and far between in this line of thinking, but show him the money! Pinkel got a raise with adequate success, Mangino got his first big raise with no success. Both of these raises paid huge dividends last year. I don’t think it was a coincidence, the raise lets the players know he is staying, lets the assistant coaches know they are staying, gives confidence to both as well as the HC. I’m very excited about this upcoming year, the offense will be stellar and the defense much improved with the influx of JC talent and Josh Moore back.
Pay the man! Ante up on Martin as well.
Could we give that money to ‘Te Hill instead?
Prince gave back his raise when he had the university pay $600,000 to swap Fresno with Montana State.
Wait and see!
What exactly is going right with this program to merit a raise?
- Success on the field? No
- Staff continuity? No
- Progress relative to the other teams in the league? No
- Blue-chip talent ready to turn the corner? No
- The universal backing of the fanbase? No
I don’t think anything should be done one way or the other until after this season — too many bad things have happened to K-State football under Prince’s watch, and last season’s ending was an embarrassment. If K-State has the kind of season that’s expected, he’ll be lucky to keep his job, much less get a raise/extension. Surprise us all and go 12-1 like KU did last year, and back up the Brinks truck. Until then, he better concentrate on winning games.
I was very excited to hear of the hiring of Coach Prince in Decemmber 2005. But over the last few seasons one of the main issues I have with
Coach Prince is the recruiting issue. If you look at the major programs across the country they are are going after 4 and 5 star rated high school talent. I know it much tough out there. But we consistently are going after three and two star rated kids. Maybe they will develop. Maybe that is all we think we can get. Even the past Nebraska coach who was fired last year when they had nothing was targeting and landing the better talent. Why is that? Where I live the head
coach at the University of Illinois has been able to recruit tremendous high school athletes and IL had been at the bottom of the Big 10 for at least 3 or 4 years. Yet last year they went to a BCS game. We can all argue but at the end of the year it is what it is. I say give Coach Prince his chance this year to overcome his critics. But if all we see is the same old results, no bowl game, a sense that there is not a lot of impressive coaching from the sidelines, and no real indepth recruitment ability a change is in order. Why was Bob Stoops and Pete Carroll able to put Oklahoma and USC back on the national map after years that both these schools struggled with trying to rebuild itself. It’s the ability to recruit and motivate kids and lead superior coaches. My earlier enthusiasm about
Coach Prince is fading by what I see and not what he says or how his supporters want to make excuses for him.
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