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Financial details revealed for Kansas, Kansas State, and Missouri

By Derek Helling

U.S. one-hundred dollar bills are arranged for a photograph in Hong Kong, China, on Monday, July 20, 2015. The yuan has proven to be among the more resilient emerging-market currencies this year, having fallen less than 0.1 percent versus the dollar as China cut interest rates and the U.S. prepared to raise. Photographer: Xaume Olleros/Bloomberg via Getty Images
U.S. one-hundred dollar bills are arranged for a photograph in Hong Kong, China, on Monday, July 20, 2015. The yuan has proven to be among the more resilient emerging-market currencies this year, having fallen less than 0.1 percent versus the dollar as China cut interest rates and the U.S. prepared to raise. Photographer: Xaume Olleros/Bloomberg via Getty Images /
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The financial details of the current contracts for the head football coaches at Kansas, Kansas State and Missouri have been revealed by USA Today.

The current state of NCAA football in Kansas and Missouri isn’t that great when considering the on-field products. At a combined 6-15 overall, Kansas, Kansas State and Missouri are all collectively having a down year. In these times, fans can often speculate about the head coaches of the programs being replaced.

A big part of whether or not that happens has to do with the contracts between these coaches and their institutions.

USA Today has released its annually-updated listing of the financial details for the head coaches in major college football. It includes Kansas’ David Beaty, Kansas State’s Bill Snyder and Missouri’s Barry Odom.

David Beaty

Of the 130 coaches in the database, Beaty is the literal median figure as far as his total pay for the 2017 season goes. At $1,601,109 for this season however, Beaty’s total pay ranks 65th overall.

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Compared to the rest of the Big 12, Beaty’s total pay ranks last of the nine coaches whose financials are included.

Baylor, as it is a private institution, is not required to respond to public records requests like a request for these coaching contracts. Baylor declined to participate.

So far this season, Beaty has received a bonus of $25,000. The total amount of bonuses that he could have stood to earn this season is $1.75 million. That window to earn most of those dollars has closed.

The last thing that is of importance in this report on each coach is an estimate of what it would take for the schools to buy their coaches out of the current contracts. For Beaty, that number is $3 million. That’s more than the same figure for Beaty’s cross-state counterpart, Snyder.

Bill Snyder

Snyder’s 2017 total compensation comes in at $3.205 million, ranking him 35th overall and sixth in the Big 12 (again, details for Baylor’s Matt Rhule are not included). Snyder stood to garner bonuses totaling $580,000 for the season had he reached all incentives, $50,000 of which he has already earned.

The buyout on Snyder is estimated at $2 million, making him the second-least-expensive coach to send packing in the conference. Gary Patterson at TCU is facing the expiration of his current contract at the end of this season.

Patterson is one of two coaches from the Big 12 in the top 10 of the total value ranking. Texas’ Tom Herman joins him. That total in the top 10 is matched by coaches from Odom’s conference, the SEC.

Barry Odom

Two SEC coaches are in the top 10, although neither of them are Odom. Odom ranks 49th overall, and 12 SEC coaches will make more than Odom this year. Only Ole Miss’ Matt Luke has a total compensation lower than Odom’s $2.35 million for 2017.

Odom has a total bonus potential of $1.025 million, $162,500 of which has already been received. The buyout estimate on Odom is $1,462,500. Odom’s buyout is just slightly higher than Luke’s.

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The Jayhawks, Tigers and Wildcats fans don’t have much to cheer for so far this season. At least they can take solace in the fact that the head coaches of the programs aren’t getting paid king’s ransoms in comparison to their colleagues.

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