University of Miami football fans have been wondering out loud over the last few months: "What is holding up the signing of head coach Randy Shannon to a multi-year contract extension?"
In fact in a recent poll conducted here at Canespace 87% of the fans supported a contract extension for Shannon (seen below with his best buddy 404Canes at the UM-UW pep rally last December).
A total of 427 total votes were cast in the poll that resulted in 45% supporting a 3 year deal with a significant increase, 25% supporting a 5 year deal with a major increase and 17% supporting a 2 year deal with slight increase.
Well the word on the street this week was that a new deal was not only close, but was imminent. Some confidential and a few anonymous sources were rumoring privately and publicly that the new contract would be signed, sealed and delivered by the end of this week.
And they were right! News reports this evening are that Shannon and the University of Miami have signed a four year contract extension.
With that being the case, let's take a closer look at this situation and the arguments behind getting the contract extension done. Shannon supporters have always stated that "The Boss" has improved the Hurricanes' record in each of the past two years by two games per season.
They also cite the evidence that shows:
- Shannon has maintained Miami's impeccable academic performance and continued to improve the Hurricanes off the field image;
- That he has recruited very well for three consecutive years;
- That he had to overcome an obvious lack of talent on the team when he took over (see lack of NFL draft picks from 2007-2009);
- That last year's team was playing well and may have contended for an ACC title if not plagued by a rash of critical injuries at DL, LB, and QB (Jacory's thumb injury proved to be worse than expected); and
- The fact that the team now appears to be poised on the brink of huge success going into the 2010 college football season.
As a private institution, the University of Miami is not required to report coaches salaries. However, according to various sources Shannon was paid somewhere between $900,000 and $1.3 million in 2009.
Regardless of what the actual number was it still placed Shannon among the lowest paid coaches in the ACC. Now with the new deal signed it should improve both his salary and standing within the conference. Details are expected to be released later this month.
So as a Hurricane football fan you have to think that University of Miami President Donna Shalala (seen below with 86Cane) and UM Athletic Director Kirby Hocutt (seen above at R at the 2009 Ring of Honor Ceremony) did the right thing and re-signed Shannon to a multi-year extension with some significant level of salary increase.
If either of you want to chat about the details of the contract call me on the cell. U know the number...