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Addazio Salary

PostPosted: Thu Apr 16, 2015 11:54 am
by mario14b
First time poster. Daz was paid $2.5 million in 2013 according to the latest BC Financial Statement (see page 13): http://www.bc.edu/content/dam/files/offices/controller/pdf/FY14_IRS_990_forPublicInspection_noScheduleB_04.15.15.pdf

Am I reading this right? I thought I remember rumors having him around $1.5-2 million.

Re: Addazio Salary

PostPosted: Thu Apr 16, 2015 11:59 am
by GreenvilleEagle
The Craptain making almost twice as much as Jerry York is embarrassing.

Re: Addazio Salary

PostPosted: Thu Apr 16, 2015 12:00 pm
by twballgame9
You're reading it right, but that is compensation not salary. No idea what else he gets, but could tuition for his kid count? House? Etc.

Re: Addazio Salary

PostPosted: Thu Apr 16, 2015 12:46 pm
by b0mberMan
GreenvilleEagle {l Wrote}:The Craptain making almost twice as much as Jerry York is embarrassing.

Hell, BC paid Al Skinner more than they paid Jerry in 2013.

Re: Addazio Salary

PostPosted: Thu Apr 16, 2015 12:52 pm
by BCSUPERFAN22
mario14b {l Wrote}:First time poster. Daz was paid $2.5 million in 2013 according to the latest BC Financial Statement (see page 13): http://www.bc.edu/content/dam/files/offices/controller/pdf/FY14_IRS_990_forPublicInspection_noScheduleB_04.15.15.pdf

Am I reading this right? I thought I remember rumors having him around $1.5-2 million.


I was under the impression that his base salary was in the $2mm range, this figure of $2.5 isnt shocking as he may have had clauses that were triggered in contract to account for the additional salary

Re: Addazio Salary

PostPosted: Thu Apr 16, 2015 1:21 pm
by HJS
b0mberMan {l Wrote}:
GreenvilleEagle {l Wrote}:The Craptain making almost twice as much as Jerry York is embarrassing.

Hell, BC paid Al Skinner more than they paid Jerry in 2013.

They paid some random Finance Prof more than Jerry.

While I only briefly looked at it, I did not see Spazoo listed anywhere. Did I miss it?

Re: Addazio Salary

PostPosted: Thu Apr 16, 2015 2:31 pm
by mario14b
BCSUPERFAN22 {l Wrote}:I was under the impression that his base salary was in the $2mm range, this figure of $2.5 isnt shocking as he may have had clauses that were triggered in contract to account for the additional salary


Just flipped through the rest of the doc quickly. Looks like on page 46 that his base comp is $1.8 mill. The other $750k is under "other reportable compensation" which could be housing. There's references to travel, housing allowances, country club memberships, etc on the following pages.

And, yeah... can't find any references to Spaz, so maybe BC's not paying him? It could be buried elsewhere in the doc. This statement covers the first year after his firing so you would think he would have gotten something.

Re: Addazio Salary

PostPosted: Thu Apr 16, 2015 2:57 pm
by DomingoOrtiz
mario14b {l Wrote}:
BCSUPERFAN22 {l Wrote}:I was under the impression that his base salary was in the $2mm range, this figure of $2.5 isnt shocking as he may have had clauses that were triggered in contract to account for the additional salary


Just flipped through the rest of the doc quickly. Looks like on page 46 that his base comp is $1.8 mill. The other $750k is under "other reportable compensation" which could be housing. There's references to travel, housing allowances, country club memberships, etc on the following pages.

And, yeah... can't find any references to Spaz, so maybe BC's not paying him? It could be buried elsewhere in the doc. This statement covers the first year after his firing so you would think he would have gotten something.


Maybe they bought him out?

Re: Addazio Salary

PostPosted: Thu Apr 16, 2015 3:00 pm
by twballgame9
DomingoOrtiz {l Wrote}:
mario14b {l Wrote}:
BCSUPERFAN22 {l Wrote}:I was under the impression that his base salary was in the $2mm range, this figure of $2.5 isnt shocking as he may have had clauses that were triggered in contract to account for the additional salary


Just flipped through the rest of the doc quickly. Looks like on page 46 that his base comp is $1.8 mill. The other $750k is under "other reportable compensation" which could be housing. There's references to travel, housing allowances, country club memberships, etc on the following pages.

And, yeah... can't find any references to Spaz, so maybe BC's not paying him? It could be buried elsewhere in the doc. This statement covers the first year after his firing so you would think he would have gotten something.


Maybe they bought him out?


Check and see if Hingham has a new bag of baseballs.

Re: Addazio Salary

PostPosted: Thu Apr 16, 2015 3:03 pm
by DomingoOrtiz
twballgame9 {l Wrote}:
DomingoOrtiz {l Wrote}:
mario14b {l Wrote}:
BCSUPERFAN22 {l Wrote}:I was under the impression that his base salary was in the $2mm range, this figure of $2.5 isnt shocking as he may have had clauses that were triggered in contract to account for the additional salary


Just flipped through the rest of the doc quickly. Looks like on page 46 that his base comp is $1.8 mill. The other $750k is under "other reportable compensation" which could be housing. There's references to travel, housing allowances, country club memberships, etc on the following pages.

And, yeah... can't find any references to Spaz, so maybe BC's not paying him? It could be buried elsewhere in the doc. This statement covers the first year after his firing so you would think he would have gotten something.


Maybe they bought him out?


Check and see if Hingham has a new bag of baseballs.


Wait, when was he shitcanned? The prior year 990 shows Spaz getting $1,100,938 for the fiscal year 6/12-5/13.

Re: Addazio Salary

PostPosted: Thu Apr 16, 2015 3:24 pm
by DuchesneEast
DomingoOrtiz {l Wrote}:
mario14b {l Wrote}:
BCSUPERFAN22 {l Wrote}:I was under the impression that his base salary was in the $2mm range, this figure of $2.5 isnt shocking as he may have had clauses that were triggered in contract to account for the additional salary


Just flipped through the rest of the doc quickly. Looks like on page 46 that his base comp is $1.8 mill. The other $750k is under "other reportable compensation" which could be housing. There's references to travel, housing allowances, country club memberships, etc on the following pages.

And, yeah... can't find any references to Spaz, so maybe BC's not paying him? It could be buried elsewhere in the doc. This statement covers the first year after his firing so you would think he would have gotten something.


Maybe they bought him out?


I would say money well spent, but he shouldnt have had the extension in the 1st place, so it was money wasted.

Re: Addazio Salary

PostPosted: Thu Apr 16, 2015 3:27 pm
by HJS
DomingoOrtiz {l Wrote}:
twballgame9 {l Wrote}:
DomingoOrtiz {l Wrote}:
mario14b {l Wrote}:
BCSUPERFAN22 {l Wrote}:I was under the impression that his base salary was in the $2mm range, this figure of $2.5 isnt shocking as he may have had clauses that were triggered in contract to account for the additional salary


Just flipped through the rest of the doc quickly. Looks like on page 46 that his base comp is $1.8 mill. The other $750k is under "other reportable compensation" which could be housing. There's references to travel, housing allowances, country club memberships, etc on the following pages.

And, yeah... can't find any references to Spaz, so maybe BC's not paying him? It could be buried elsewhere in the doc. This statement covers the first year after his firing so you would think he would have gotten something.


Maybe they bought him out?


Check and see if Hingham has a new bag of baseballs.


Wait, when was he shitcanned? The prior year 990 shows Spaz getting $1,100,938 for the fiscal year 6/12-5/13.

Officially announced Sunday, November 25, 2012.
http://www.bostonglobe.com/sports/2012/ ... story.html

Re: Addazio Salary

PostPosted: Thu Apr 16, 2015 3:28 pm
by mario14b
DomingoOrtiz {l Wrote}:
twballgame9 {l Wrote}:
DomingoOrtiz {l Wrote}:
mario14b {l Wrote}:
BCSUPERFAN22 {l Wrote}:I was under the impression that his base salary was in the $2mm range, this figure of $2.5 isnt shocking as he may have had clauses that were triggered in contract to account for the additional salary


Just flipped through the rest of the doc quickly. Looks like on page 46 that his base comp is $1.8 mill. The other $750k is under "other reportable compensation" which could be housing. There's references to travel, housing allowances, country club memberships, etc on the following pages.

And, yeah... can't find any references to Spaz, so maybe BC's not paying him? It could be buried elsewhere in the doc. This statement covers the first year after his firing so you would think he would have gotten something.


Maybe they bought him out?


Check and see if Hingham has a new bag of baseballs.


Wait, when was he shitcanned? The prior year 990 shows Spaz getting $1,100,938 for the fiscal year 6/12-5/13.


November 2012, so that $1.1 million was his normal compensation. According to last year's article in the heights, compensation is determined by calendar year, which is why you don't see Daz in the prior year 990 even though he was hired in December 2012. http://bcheights.com/news/2014/yorks-salary-jumped-in-2012/

Re: Addazio Salary

PostPosted: Thu Apr 16, 2015 8:30 pm
by HJS
mario14b {l Wrote}:
DomingoOrtiz {l Wrote}:
twballgame9 {l Wrote}:
DomingoOrtiz {l Wrote}:
mario14b {l Wrote}:
BCSUPERFAN22 {l Wrote}:I was under the impression that his base salary was in the $2mm range, this figure of $2.5 isnt shocking as he may have had clauses that were triggered in contract to account for the additional salary


Just flipped through the rest of the doc quickly. Looks like on page 46 that his base comp is $1.8 mill. The other $750k is under "other reportable compensation" which could be housing. There's references to travel, housing allowances, country club memberships, etc on the following pages.

And, yeah... can't find any references to Spaz, so maybe BC's not paying him? It could be buried elsewhere in the doc. This statement covers the first year after his firing so you would think he would have gotten something.


Maybe they bought him out?


Check and see if Hingham has a new bag of baseballs.


Wait, when was he shitcanned? The prior year 990 shows Spaz getting $1,100,938 for the fiscal year 6/12-5/13.


November 2012, so that $1.1 million was his normal compensation. According to last year's article in the heights, compensation is determined by calendar year, which is why you don't see Daz in the prior year 990 even though he was hired in December 2012. http://bcheights.com/news/2014/yorks-salary-jumped-in-2012/

Spaz's absence and Skinner's inclusion leads me to believe that there may be a dispute over the settlement of the payout. For instance, perhaps BC tried to fire him with cause after a little birdy disclosed what happened to Rogers?

Re: Addazio Salary

PostPosted: Thu Apr 16, 2015 8:59 pm
by TobaccoRoadEagle
i'd guess that little birdie sang years ago so, no

Re: Addazio Salary

PostPosted: Thu Apr 16, 2015 10:31 pm
by HJS
First, the fact that GDF did nothing to get rid of Spaz does not foreclose Bates from raising an issue in negotiations over the buyout.
Second, that 700k in "other income" is too high for supplemental housing costs. How much did we have to pay Temple's buyout?

Re: Addazio Salary

PostPosted: Thu Apr 16, 2015 11:09 pm
by MattTheEagle
This is great information. Thanks for sharing.

I'm real interested to know what BC is paying Jim Christian.

Re: Addazio Salary

PostPosted: Fri Apr 17, 2015 12:50 am
by flyingelvii
Daz brings in more revenue and exposure than York can dream about. Not too surprising.

Re: Addazio Salary

PostPosted: Fri Apr 17, 2015 6:25 am
by b0mberMan
flyingelvii {l Wrote}:Daz brings in more revenue and exposure than York can dream about. Not too surprising.

No one was arguing this. Another poster pointed out Donahue made 2x as much. That still seems right in theory (before we get to the part where Donahue was our coach). Football and basketball bring national exposure. Hockey, as wonderful as it is, is still a regional sport in the college ranks.

Re: Addazio Salary

PostPosted: Fri Apr 17, 2015 7:25 am
by eagle9903
b0mberMan {l Wrote}:
flyingelvii {l Wrote}:Daz brings in more revenue and exposure than York can dream about. Not too surprising.

No one was arguing this. Another poster pointed out Donahue made 2x as much. That still seems right in theory (before we get to the part where Donahue was our coach). Football and basketball bring national exposure. Hockey, as wonderful as it is, is still a regional sport in the college ranks.


also markets and things.

Re: Addazio Salary

PostPosted: Fri Apr 17, 2015 7:50 am
by DomingoOrtiz
HJS {l Wrote}:First, the fact that GDF did nothing to get rid of Spaz does not foreclose Bates from raising an issue in negotiations over the buyout.
Second, that 700k in "other income" is too high for supplemental housing costs. How much did we have to pay Temple's buyout?


Wouldn't that show up as a payment to Temple and not within Daz's compensation, or would the buyout $ go through Daz?

Re: Addazio Salary

PostPosted: Fri Apr 17, 2015 8:29 am
by mario14b
DomingoOrtiz {l Wrote}:
HJS {l Wrote}:First, the fact that GDF did nothing to get rid of Spaz does not foreclose Bates from raising an issue in negotiations over the buyout.
Second, that 700k in "other income" is too high for supplemental housing costs. How much did we have to pay Temple's buyout?


Wouldn't that show up as a payment to Temple and not within Daz's compensation, or would the buyout $ go through Daz?


Regarding Spaz, I checked the older statements (available here: http://www.bc.edu/offices/controller/financials.html) and there's no mention of Jagz in the years following his firing. Maybe the buyouts are executed somehow that they are not considered reportable compensation?

On Daz's other comp, on page 56, you can see that BC loaned money to Daz, Bates, and others for mortgages. I don't see any consistency with these figures and those in the other reported comp (for example, the mortgages extended to Bates, Donahue, etc are a few $100k higher than what's listed under other reported comp). So, who knows. I guess we'll have to wait and see what his other reported comp looks like next April.

Re: Addazio Salary

PostPosted: Fri Apr 17, 2015 8:57 am
by HJS
mario14b {l Wrote}:
DomingoOrtiz {l Wrote}:
HJS {l Wrote}:First, the fact that GDF did nothing to get rid of Spaz does not foreclose Bates from raising an issue in negotiations over the buyout.
Second, that 700k in "other income" is too high for supplemental housing costs. How much did we have to pay Temple's buyout?


Wouldn't that show up as a payment to Temple and not within Daz's compensation, or would the buyout $ go through Daz?


Regarding Spaz, I checked the older statements (available here: http://www.bc.edu/offices/controller/financials.html) and there's no mention of Jagz in the years following his firing. Maybe the buyouts are executed somehow that they are not considered reportable compensation?

On Daz's other comp, on page 56, you can see that BC loaned money to Daz, Bates, and others for mortgages. I don't see any consistency with these figures and those in the other reported comp (for example, the mortgages extended to Bates, Donahue, etc are a few $100k higher than what's listed under other reported comp). So, who knows. I guess we'll have to wait and see what his other reported comp looks like next April.

First... BC was not in a contractual relationship with Temple. BC (or any other school for that matter) owes nothing to a poached school. The buyout penalty flows to the coach. Now... a school doing the poaching regularly makes the coach whole (or he wouldn't be leave). However, that money paid to the coach so he can pay his buyout is taxable income.

Second... BC owed Jags very little. He immediately got a comparable paying job which significantly blunted what BC had to pay.