Thursday, April 24, 2008

Miller inks new deal

It looks like Miller will be getting a $200,000 raise. Here is what Dustin Dow from the Enquirer said:
Miller’s new contract is worth a total compensation value of just less than $1 million with a base salary between $700,000 and $800,000. Miller had been making a base salary between $500,000 and $600,000 with a total compensation value – including perks such as a country club membership and a vehicle – of around $800,000.Miller first came to Xavier 2001-02 to be an associate head coach under Thad Matta. Two days after Matta left for Ohio State in July 2004, Miller took over as head coach with a base salary of $329,460.

The deal keeps Miller as the 2nd highest paid coach in the A-10, as Rick Majerus is making $1 million a year for Saint Louis. The initial aim of reworking Miller's deal was to push him above Majerus's deal in a move with more significance in establishing Xavier as the class of the A-10 than anything else. However, I suspect that the reworking of Miller's contract will become an annual event. In my view as long as Xavier can perpetually scrape together a package to keep Miller happy and persuade him from listening to the big payday offers from the state schools, obviously they will be fine. With the 'All for One Club' and the the creative seating plans at Cintas Center Xavier certainly seems liek they will have the ability to keep Miller around for as long as he would like to stay.

No comments: