Coach Ryan Odom’s Contract with Utah State

With Utah State’s season coming to a close with a heartbreaking loss to Colorado State in the quarterfinals of the Mountain West Tournament in Las Vegas, the Aggies are hoping for some type of postseason tournament invite. With a NET rating of 61, they won’t be getting in to the NCAA tournament this year, but they do have a decent shot at the NIT or at worst, one of the lesser tournaments (CBI or CIT).

Utah State Coach Ryan Odom

After losing coach Craig Smith to the University of Utah in the off-season, Utah State hired Ryan Odom from the University of Maryland, Baltimore County (UMBC). Coach Odom’s claim to fame was leading his UMBC Retrievers to a 20 point victory over Virginia in the 2018 NCAA Tournament. The Retrievers were the first 16-seed to ever beat a #1 seed in the NCAA Tournament. Ryan Odom is the son of Dave Odom who coached East Carolina, Virginia, Wake Forest, and South Carolina.

USUStats has obtained Coach Odom’s contract with Utah State. Here are some interesting takeaways from the agreement:

Base Pay (including $300,000 for media appearances per year):

Year 1 – $791,796 (pro-rated amount for 360 days out of 365)
Year 2 – $800,000
Year 3 – $800,000
Year 4 – $800,000
Year 5 – $800,000

The base contract is $500K per year plus $300K for media appearances. Interestingly there are no built in raises each year.

Bonuses:

Team wins the National Championship = $100,000
Team qualifies as a Final Four Participant = $50,000
Team wins the Conference Tournament Championship = $25,000
Team wins the regular season Conference Championship (either outright
Champion or Co-Champion) = $15,000
Team maintains a multi-year Academic Progress Rate (APR) of 952 = $10,000
Team granted an at-large NCAA Tournament Bid = $20,000
Team wins an NCAA Tournament Game (including a First Four Game, but excluding the National Championship Game) = $20,000
Note: each win at an NCAA Tournament will qualify Coach for a $20,000
incentive payment.
Team invited to the National Invitation Tournament = $10,000
Team wins the National Invitation Tournament Championship = $10,000
Team is ranked (Associated Press Poll) at the end of a season in the:
Top 10 = $50,000
Top 20 = $25,000
Top 25 = $10,000
Note: This category of supplemental compensation is mutually exclusive,
meaning that only one amount will be paid if the Team is ranked within the Top 25 (e.g. If the team was ranked as 14, then $25,000 would be awarded; NOT $25,000 for the Top 20 AND $10,000 for the Top 25.
Coach is selected as the “Conference Coach of the Year” by the Conference as voted by the Conference coaches = $10,000
Coach is selected as the national “Coach of the Year” by the Associated Press, the Atlanta Tipoff Club (Naismith College Coach of the Year), or the National Association of Basketball Coaches (NABC) = $25,000
Team wins a rival game against BYU or University of Utah = $5,000

Buyout Clause (in my own words):

If Utah State were to terminate the agreement for convenience (i.e. USU fires Odom for low performance), they are required to pay 75% of the pro-rated amount of base pay still remaining on the contract.

For example, as of March 31, 2022 Coach Odom will have $3.2M remaining on his contract for years 2-5. If Utah State were to fire him, they would owe 75% of that remaining salary, or $2.4M.

If Coach Odom were to terminate the agreement for convenience (i.e. Odom leaves for another position elsewhere), it gets a bit more complicated. If he were to leave any time during years 1 or 2 (before April 1, 2023), the buyout would be 50% of the remaining cumulative salary owed. If he were to leave during year 3 or thereafter (April 1, 2023 or after), the buyout would be 35% of the remaining cumulative salary owed.

For example, if coach accepted another position on March 31, 2022, the buyout would be 50% of the remaining $3.2M on his contract for years 2-5, or $1.6M. If he were to leave on April 1, 2023 the buyout would be 35% of the remaining $2.4M on his contract, or $840K.

Differences between the Smith and Odom contracts:

A few things were different between Craig Smith’s original contract and Coach Odom’s contract. Coach Smith had a lower per-year base salary, but had built in raises each year. Coach Odom’s contract has a base salary of $800,000 per year with no raises built in. Coach Smith’s original buyout clause was 75% of the remaining contract for both Utah State and the coach if either were to terminate for convenience. Coach Odom’s buyout clause is more favorable to the coach with a smaller buyout amount that reduces even further after the first two seasons. The final two differences that I noticed were slight modifications to bonus amounts. The amount for winning a regular season championship was reduced from $25K to $15K. The amount for winning a First Four NCAA Tournament game was increased from $10K to $20K.

Final Thoughts:

With the first regular season under his belt, Coach Odom showed that he can pull off some big victories (beat Oklahoma to win the Myrtle Beach Invitational early in the year), and could compete with everyone. However, he couldn’t push the team over the hump in several key games this year that were lost by one or two possessions. A few made baskets here or there throughout the season and the Aggies would be a lock for an at-large bid. But as it stands, we are on the outside looking in hoping for a second-rate invitation for any kind of postseason tournament. Odom will likely lose some key pieces this year (Horvath, and likely Bean, Miller, and Eytle Rock), and will need to bring in some key pieces to compete for a championship in the Mountain West. What were your thoughts on Coach Odom’s first year as an Aggie coach? Let us know in the comments below.

Click the image below to download the official contract discussed in this article.

Coach Blake Anderson’s Contract with Utah State

What a season and what a turnaround for the Utah State football program! From a team that ended the 2020 season with the players jointly deciding to forfeit their final game, to a team that tied the Utah State record of 11 wins in a single season while claiming Utah State’s first ever Mountain West Championship. The season capped off with a convincing Jimmy Kimmel Bowl victory over the Oregon State Beavers, the second PAC-12 team to fall to the Aggies in the 2021 Season.

Coach Blake Anderson hoists the 2021 Mountain West Conference Championship Trophy

So what changed that could have led to such a drastic turnaround? The most notable change was the hiring of Coach Blake Anderson. It was recently reported that Coach Anderson has received a 2 year extension to his initial contract with Utah State. USUStats has requested a copy of this contract extension, but has been informed that it is not yet complete and signed, but should be available soon (check back later for more). In the meantime, we have obtained Coach Anderson’s initial contract and will break down the notable details below. The full official contract can be downloaded here.

Main takeaways from the initial contract:

Base Pay (including $400,000 for media appearances per year):

Year 1 – $1,057,692
Year 2 – $1,025,000
Year 3 – $1,050,000
Year 4 – $1,075,000
Year 5 – $1,100,000

The base contract is $1M per year with an increase in pay of $25,000 per year. In Year 1, coach received some pro-rated pay by being hired in late December which pushed the amount up to $1,057,692.

Bonuses:

Team wins the College Football Playoff (CFP) = $100,000
Team plays in the CFP Championship Game = $200,000
Team plays in a CFP Semi-Final Bowl Game = $200,000
Team plays in a New Year’s Six Bowl Game = $125,000
Team plays in a non-New Year’s Six Bowl Game = $75,000
Team wins the Conference Championship = $50,000
Team wins the Division Championship = $25,000
Team maintains a Multi-Year APR of 960 or better = $10,000
Team is ranked (Associated Press or Coaches Poll) at the end of a season in the:
Top 10 = $50,000
Top 20 = $25,000
Top 25 = $15,000
Note: This category of supplemental compensation is mutually exclusive, meaning that only one amount will be paid if the Team is ranked within the Top 25 (e.g. If the team was ranked as 14, then $25,000 would be awarded; NOT $25,000 for the Top 20 AND $15,000 for the Top 25.
Coach is selected as the “Conference Coach of the Year” by the Conference as voted by the Conference coaches = $15,000
Coach is selected as the national “Coach of the Year” by the Associated Press, the American Football Coaches Association, Sporting News, Home Depot, Bear Bryant, Eddie Robinson, CBS Sports, Maxwell/George Munger, Bobby Dodd, or the Walter Camp Football Foundation = $25,000
Team wins a rival game against BYU or University of Utah = $5,000

Buyout Clause (in my own words):

If EITHER Party (Utah State or Coach Anderson) terminate the agreement for convenience (i.e. USU fires Anderson for low performance or Anderson leaves for another position elsewhere), the party who terminates the agreement must pay the other party an amount equaling 75% of the pro-rated amount of base pay still remaining on the contract.

So when the contract was initiated that equated to a $3,980,769 buyout. At the completion of his first year (Jan 1, 2022) the buyout was $3,187,500. It goes down day by day as parts of his salary are paid. Utah State used this same formula when they signed basketball Coach Craig Smith a few years ago, and I really like it. Often times buyouts are set amount (as opposed to a percentage) if a coach gets poached, and the team is required to pay the full amount owed for the entire remaining contract if they fire the coach. It also includes a clause stating that if Coach Anderson is fired that he must seek employment elsewhere at fair market rates, and that his payout from USU would be decreased by the amount of his new paycheck.

With the news that Coach Anderson has reached an agreement with Utah State for a two-year extension to his contract, the buyout calculations will definitely change. Details on any increases in pay, or other modifications to buyout clauses are still unknown, but USUStats will publish a separate article once those details are available. Click the image below to download the official contract discussed in this article.

Utah State Basketball Pictorial Roster 2013-14

Marcel DavisPreston MedlinSpencer ButterfieldJalen Moore
It’s that time of year again! Time to try and piece together the team for the upcoming basketball season! We’ve done just that at USUStats.com with our annual “Pictorial Roster“. Check it out by clicking below, and feel free to post questions, comments, or predictions on any of the players you see on the roster.

2013-14 Utah State Basketball Pictorial Roster

Also feel free to reminisce and check out the rosters from past seasons by changing the season in the drop down box at the top of the page (once you click the link above).