Current:Home > reviewsWhat is Oakland coach Greg Kampe's bonus after his team's upset of Kentucky? It's complicated -GrowthInsight
What is Oakland coach Greg Kampe's bonus after his team's upset of Kentucky? It's complicated
Fastexy View
Date:2025-04-06 16:36:10
It seems pretty likely that Oakland University men’s basketball coach Greg Kampe get a bonus payment for his No. 14-seeded team’s colossal, 80-76 upset of No. 3 seed Kentucky on Thursday night in an NCAA men’s basketball tournament first-round game.
However, according to the university’s general counsel’s office, only two people know the amount: Kampe and Oakland athletics director Steve Waterfield.
Kampe’s contract with the school, obtained by USA TODAY Sports through an open-records request, includes a highly unusual arrangement under which any performance-bonus payments are at the AD’s discretion and based on unspecified goals that are to be determined annually and are subject to change at any time. The only parameter established is that these bonuses cannot total more than 19.9% of Kampe’s current base salary.
Kampe’s salary for this season is $329,609, the general counsel’s office said. (Kentucky coach John Calipari’s basic annual pay for this season is scheduled to be $8.5 million.)
Late last week, USA TODAY Sports asked Oakland for a copy of Kampe’s goals and available bonus amounts for this season. The general counsel’s office responded by saying there is no responsive document.
FOLLOW THE MADNESS: NCAA basketball bracket, scores, schedules, teams and more.
Most college sports coaches’ contracts include specified bonus goals and amounts. For example, while Calipari is the only Power Five conference men’s basketball coach whose contract includes no bonuses for on-court performance, it specifies that he will get $50,000 if the team’s NCAA Academic Progress Rate figure for any given year is at least 975 out of a possible 1000.
Kampe’s deal with Oakland states: “The Athletics Director will annually establish specific goals for the Program, student-athletes participating in the Program and/or the Head Basketball Coach, and a Performance Incentive amount for the successful achievement of each such goal. The Athletics Director may revise the specific goals and amounts from time to time after they have been established, but only with prior notice to and after consultation with the Head Basketball Coach. The amount of all such Performance Incentives and whether or not the goal has been achieved will be at the Athletics Director's sole and absolute discretion; provided however, Performance Incentives cannot exceed Nineteen and 90/100 Percent (19.9%) of the Head Basketball Coach's then Base Annual Salary in any one University fiscal year.”
Kampe's contract also says he is annually entitled to receive a "Scheduling Bonus." For this, the AD is to select one away game as the "Scheduling Bonus Game." Kampe then receives an amount equal to the appearance guarantee that Oakland is paid for the game, "less all actual expenses incurred by the University directly related to the Scheduling Bonus Game, including without limitation, transportation, meals, lodging, etc." Guarantees for men's basketball games against Power Five teams could pay around $100,000 — perhaps a little more — and Oakland typically plays more than one of those each season. The Golden Grizzlies played at three Big Ten schools this season - Ohio State, Illinois and Michigan State.
These are just a couple of the many ways in which there is a massive financial gap between the Oakland and Kentucky programs — the types of gaps that make upsets like Thursday night’s such a signature part of the event:
▶In their 2023 fiscal years, the schools’ annual financial reports to the NCAA showed that Kentucky attributed $23.6 million in operating expenses to men’s basketball. Oakland reported spending $17.6 million on its entire athletics program, including $2.3 million on men’s basketball.
▶Oakland’s total outlay for sports in fiscal 2023 is just over half of what Kentucky would owe Calipari as a buyout if it were to fire him without cause on April 1. That amount is $34,968,749.
▶Three of Kentucky’s assistant coaches have base salaries for this season that are greater than Kampe’s.
- Orlando Antigua is making $900,000, and he will get a $400,000 retention payment if he completes his three-year contract on June 30.
- Ronald “Chin” Coleman is making $600,000.
- Chuck Martin is making $350,000
veryGood! (23452)
Related
- Opinion: Gianni Infantino, FIFA sell souls and 2034 World Cup for Saudi Arabia's billions
- Turkish soccer league suspends all games after team boss Faruk Koca punches referee in the face
- Wu-Tang Clan announces first Las Vegas residency in 2024: See the dates
- Funeral and procession honors North Dakota sheriff’s deputy killed in crash involving senator’s son
- B.A. Parker is learning the banjo
- Climate talks end on a first-ever call for the world to move away from fossil fuels
- House panel urges tougher trade rules for China, raising chance of more tariffs if Congress agrees
- Inflation eased in November as gas prices fell
- Toyota to invest $922 million to build a new paint facility at its Kentucky complex
- Pregnant Bhad Bhabie Reveals Sex of Her First Baby
Ranking
- North Carolina trustees approve Bill Belichick’s deal ahead of introductory news conference
- Judge vacates murder conviction of Chicago man wrongfully imprisoned for 35 years
- Russian man who flew on Los Angeles flight without passport or ticket charged with federal crime
- US credibility is on the line in Ukraine funding debate
- Friday the 13th luck? 13 past Mega Millions jackpot wins in December. See top 10 lottery prizes
- How to watch 'The Amazing Race' Season 35 finale: Date, time, finalists, what to know
- 2023 in other words: AI might be the term of the year, but consider these far-flung contenders
- Are post offices, banks, shipping services open on Christmas Eve and Christmas Day 2023?
Recommendation
Kylie Jenner Shows Off Sweet Notes From Nieces Dream Kardashian & Chicago West
Live Your Best Life With Kourtney Kardashian Barker’s 12 Days of Pooshmas Holiday Mailer
Universities of Wisconsin regents to vote again on GOP deal to cut diversity spots for cash
Tunisia opposition figure Issa denounces military prosecution as creating fear about civil freedoms
Backstage at New York's Jingle Ball with Jimmy Fallon, 'Queer Eye' and Meghan Trainor
Why George Clooney Is at a Tactical Disadvantage With His and Amal Clooney's Kids
Man charged with murder in stabbing of Nebraska priest who yelled ‘help me’ when deputy arrived
Ambush kills 7 Israeli soldiers in Gaza City, where battles rage weeks into devastating offensive