It is very impressive how good you are at quickly doing research and presenting facts.UR’s formula has two components…30% is based on 5% of a five year average, lagging one year. The remaining 70% is an inflation-based calculation.
So no, the 40% gain in the endowment in just one year isn’t factored in just yet, but there’s a whole bunch of money ramping up over the next few years.
They did also get $6.1 million from the government for COVID expenses. Doesn’t cover all of it, but it certainly helps.
I just threw up in my mouth a little bit...Many of you want to highjack every post with negative comments about the coach, so let discuss Mooney. The conversation should not be fire Mooney, because that is not going to happen. It should be will he get an extension?
The school is not going to spend millions and buy out his contract. The school’s expenses have increased significantly because of Covid and they potentially lost their number one donor, who has helped funded most of their majors projects over the past decade, which is going to cause them to tighten their budget.
Since the billboard went up and the school made a recommitment to Mooney, the team has done well. They should have qualified for the NCAA, then last year they had the highest ranking in the school’s history and despite multiple Covid interruptions and injuries, still made it to the 18 team NIT. This year, despite some bad losses, we still have a good chance of going to either the NIT or if we win the tournament, the NCAA. That type of performance is going to get a coach extension. In addition, he looks great compared to the football coach.
Starting with Golden and Sherod’s recruiting year, the quality of Mooney’s recruits have improved significantly, which should lead to better teams in the future.
He runs a clean program and the players are extremely loyal to him. With the new transfer rules this is a valuable asset for a coach. It is also an indication that the player’s think he is doing a good job.
Bottom line is that Mooney is a good coach, but not a great coach. He has not done a great job of having the players play up to their potential as a team, but still has one of the top records in the A 10 since the billboard went up.
I think UCLA was about to make an offer but Cronin took the job.Was there really a time when we thought Mooney might be poached by other teams? Where are they now?
I knew debating SF about public data would not go well.It is very impressive how good you are at quickly doing research and presenting facts.
I have given Mooney credit many times through the years for being able to retain his job repetitively even though his performance demands his termination. That demonstrates a level of skill, some would call it a bullshit artist, others a master manipulator. But, the fact is that he continues to be able to snow enough people like you who have never played the game competitively, that he keeps his job. The situation (his performance nor the BS) will not change in the foreseeable future. It is Mooney's choice.Many of you want to highjack every post with negative comments about the coach, so let discuss Mooney. The conversation should not be fire Mooney, because that is not going to happen. It should be will he get an extension?
The school is not going to spend millions and buy out his contract. The school’s expenses have increased significantly because of Covid and they potentially lost their number one donor, who has helped funded most of their majors projects over the past decade, which is going to cause them to tighten their budget.
Since the billboard went up and the school made a recommitment to Mooney, the team has done well. They should have qualified for the NCAA, then last year they had the highest ranking in the school’s history and despite multiple Covid interruptions and injuries, still made it to the 18 team NIT. This year, despite some bad losses, we still have a good chance of going to either the NIT or if we win the tournament, the NCAA. That type of performance is going to get a coach extension. In addition, he looks great compared to the football coach.
Starting with Golden and Sherod’s recruiting year, the quality of Mooney’s recruits have improved significantly, which should lead to better teams in the future.
He runs a clean program and the players are extremely loyal to him. With the new transfer rules this is a valuable asset for a coach. It is also an indication that the player’s think he is doing a good job.
Bottom line is that Mooney is a good coach, but not a great coach. He has not done a great job of having the players play up to their potential as a team, but still has one of the top records in the A 10 since the billboard went up.
Long Island Spiders I enjoy reading your post. There are a lot of games to play this season and our final record will be a major factor determining if he get's and extension. I think he get's it if we make either the NCAA or NIT. Obviously, I have no say in the matter, just my opinion on what decision the administration will make.This is a good post and agree with many of your points.
I do not think he gets an extension and likely leaves for another job to save face.
My biggest compliment about Mooney is his players are extremely loyal and he runs a clean program as you noted.
My biggest complaint is he is a horrible in-game manager. He never seems to make the right substitution, call the right timeout or make the necessary adjustments. Let’s not even get into rebounding.
I was as optimistic as anybody on this board about this upcoming season and the St Joes game took the air out of me. I thought 2020 was a great year and last year had some COVID issues that clearly impacted the season. Hard to explain what is happening right now other than Mooney not getting the team ready to play, and that includes not bringing the team back earlier after winter break.
Your comment makes no sense since all I am doing is predicting what the administration is going to do. BTW, 3 years ago I predicted Mooney would not be fired and he would get a contract extension, which is what happened. Most people on this board post what they want to happen, but don't explain logically why the administration will make a decision. In stead of making emotional comments if what I say does not match what you want to happen, you should use my comments to argue your case.like the U of R admin & coaching staff we have a few posters who love to move the goalposts. I’m old enough to remember all the top25 predictions from UR80sfan.
over promise under deliver
big hat no cattle
it’s the Richmond way.
And 80s you claimed to be on close terms with PQ, so obviously you knew that he strong armed an interim AD in to an extension. Not quite nostradamus.Your comment makes no sense since all I am doing is predicting what the administration is going to do. BTW, 3 years ago I predicted Mooney would not be fired and he would get a contract extension, which is what happened. Most people on this board post what they want to happen, but don't explain logically why the administration will make a decision.
Unfortunately, that is not how endowments funds work. They usually only payout about 4.5% of assets per year and the calculation of assets is usually on a rolling 3 year average to help smooth out the payout from year to year. In addition to the extra expenses of Covid 19, they also will have to deal with rising inflation at 6.8% (University's operating inflation has been rising faster tan the CPI).
I know Paul and like him, but would not say I am on close terms with him. I also know a number of other trustee and hear about the things they are focused on. Basketball is not their top priority, although a number of them that live locally are season ticket holders.And 80s you claimed to be on close terms with PQ, so obviously you knew that he strong armed an interim AD in to an extension. Not quite nostradamus.
Perhaps you could influence them to care more?I know Paul and like him, but would not say I am on close terms with him. I also know a number of other trustee and hear about the things they are focused on. Basketball is not their top priority, although a number of them that live locally are season ticket holders.
Yep, give or take. $127 million was appropriated for spending from the endowment last year. It's nearly 40% of the overall university budget, more than they get from tuition.My math, like most everything else, has faded over the years, so I may be waaay off. But isn't 4.5% of $3,350,000,000 something like $150 million? Please mathheads correct me if I'm wrong....
ObviouslyI also know a number of other trustee and hear about the things they are focused on. Basketball is not their top priority
Not sure what they are focusing on. Richmond is not going to be an Ivy League school any time soon. Hell, we are only 4th in the state behind, W&L, UVA and W&M and barely above Va Tech. Maybe they should start focusing on basketball.I know Paul and like him, but would not say I am on close terms with him. I also know a number of other trustee and hear about the things they are focused on. Basketball is not their top priority, although a number of them that live locally are season ticket holders.
Mooney probably could have bought himself another year if all of the seniors wouldn't have come back. Could have played the inexperience card.
They are focused on things like increasing diversity on campus, dealing with student protests, renaming building, improving all major areas of study, keeping the faculty happy, helping all students get internships that want one, prioritizing new building projects, enhancing the quality of the campus, continue the policy of need blind based admission, Covid 19, increasing applications for the school. helping student get jobs their senior year, raising money and the list goes on and on.Not sure what they are focusing on. Richmond is not going to be an Ivy League school any time soon. Hell, we are only 4th in the state behind, W&L, UVA and W&M and barely above Va Tech. Maybe they should start focusing on basketball.
What does any of this have to do with our team?They are focused on things like increasing diversity on campus, dealing with student protests, renaming building, improving all major areas of study, keeping the faculty happy, helping all students get internships that want one, prioritizing new building projects, enhancing the quality of the campus, continue the policy of need blind based admission, Covid 19, increasing applications for the school. helping student get jobs their senior year, raising money and the list goes on and on.
BTW, I have edited my original post to be slightly more negative. Mooney needs to turn the ship around or he is not getting an extension.
They are focused on things like increasing diversity on campus, dealing with student protests, renaming building, improving all major areas of study, keeping the faculty happy, helping all students get internships that want one, prioritizing new building projects, enhancing the quality of the campus, continue the policy of need blind based admission, Covid 19, increasing applications for the school. helping student get jobs their senior year, raising money and the list goes on and on.
BTW, I have edited my original post to be slightly more negative. Mooney needs to turn the ship around or he is not getting an extension.
It was in response to a question, what is the board of trustees focused on that is a higher priority than basketball.What does any of this have to do with our team?