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Thursday, June 30, 2011

KU athletic department IRS form shows women’s basketball coach Bonnie Henrickson paid almost $2 million in 2009

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Henrickson

A check of the IRS 990 form filed by the Kansas University athletic department and made public on its website revealed that women’s basketball coach Bonnie Henrickson was listed as having a “base compensation” of $1,834,008 in 2009.

A retention bonus accounted for $1,288,286.45 of that guaranteed to her based on her first contract for remaining employed through April 15, 2009, according to Associate Athletic Director Jim Marchiony.

Henrickson’s retention agreement, signed when she took the job March 29, 2004, spelled out that unless terminated with cause, the coach would be entitled to a bonus, after taxes, of $150,000 for each year employed. The 2008-2009 season was her fifth at KU, which added up to $750,000, after taxes or $1,288,286.45 before taxes.

The estimated breakdown, supplied by Marchiony, of the before-taxes, $1.8-million-plus the athletic department spent on its women’s basketball coach in 2009:

  • Salary: $237,000.
  • Professional services, such as radio and TV shows, personal appearances, marketing appearances, etc.: $165,000.
  • Deferred compensation: $100,000.

That leaves roughly $24,000 accounted for through taxable benefits such as a courtesy car, country club membership, game tickets, etc.

Henrickson’s gold mine came in the same year former Athletic Director Lew Perkins’ base compensation reported to the IRS was $4,485,275, including a before-taxes retention bonus of $3 million. While reports of Perkins’ big bonanza caused a stir, Henrickson’s never was reported by news organizations.

The one-year balloon made for an atypical financial year for the women’s basketball coach who came to KU after a successful run at Virginia Tech. For example, in the previous year, her base compensation was reported to the IRS as $520,538.

Henrickson received another retention bonus in 2011, amounting to $300,000 after taxes.

Henrickson has not taken her team to the NCAA Tournament in seven seasons as head coach, never has finished higher than tied for seventh in the Big 12 and never has posted a conference record better than 6-10. She is signed through the 2013-14 season and is entering the first year of a three-year extension that Perkins tacked onto her deal. This one, Henrickson said, does not include a retention bonus. That means the best estimate as to the remaining Henrickson compensation for which the athletic department is responsible amounts to slightly more than $1.5 million.

Henrickson said she does not feel the pressure of trying to live up to a lucrative contract.

“I put pressure on myself,” Henrickson said. “It’s not about living up to anything. It wouldn’t matter if they paid me a nickel. That’s not what motivates me. What motivates me year after year is to try to get these young kids to experience what I have experienced (at Virginia Tech) in the tournament. That’s where I feel an obligation to our young women and our fans.”

Comments

Andy Tweedy 8 years, 1 month ago

And ahperse thinks Gill is overpaid!!!

ahpersecoachingexperience 8 years, 1 month ago

Good lord! Did lew let the coaches write their own contracts?

squawkhawk 8 years, 1 month ago

Based on his experience and record, Gill is over paid!

jayhawkinATL 8 years, 1 month ago

Perhaps it's about time that KUAD made her feel some pressure.

Vinny1 8 years, 1 month ago

Zenger can't fire anyone for a year, but if Bonnie doesn't show serious improvement this year she'll be the first to go.

KU_cynic 8 years, 1 month ago

Typical Perkins-designed deal: big bucks, no performance.

Seven seasons without an NCAA appearance: it's time for a change.

Vinny1 8 years, 1 month ago

lol, because Lew hired so many big dollar coaches.

Your name says it all buddy.

KU_cynic 8 years, 1 month ago

What I was thinking was that Lew modeled Bonnie's contract on his own contract.

Vinny1 8 years, 1 month ago

So you're saying that Lew's contract was: big bucks, no performance?

Because if so you're even more unintelligent than I thought.

KU_cynic 8 years, 1 month ago

Fact: Lew walked away from KU with big bucks.

Fact: Lew's people have been convicted of criminal self-dealing.

Fact: Lew rode Mangino's and Self's coattails when they produced results on the field and court, but otherwise did little-to-nothing to improve athletic performance.

Fact: Lew's big hire -- before Turner Gill -- was Bonnie, and the results speak for themselves.

My inference: Lew did more harm than good for KU.

ahpersecoachingexperience 8 years, 1 month ago

The sad part is an article about DD's decision gets 100000 hits and 500 post and nobody cares about this stuff.

Nick Cole 8 years, 1 month ago

Nobody cares about this stuff b/c there is no change coming any time soon. With the DD decision, it had an immediate effect. With this, the headline says all we need to know. Sad, but true.

WilburM 8 years, 1 month ago

To quote Dennis Lehane, "Gone, Baby, Gone."

Dyrk Dugan 8 years, 1 month ago

how much more evidence do we need about Lew's time at KU? about what a true debacle it truly was? good grief, the ticket scandal almost pales in comparison to the laughing all the way to the bank dollars being paid out to our AD, and a womens coach he hired, to not produce.

but you know what? it's truly not their fault....they were doing what they were allowed to do by the administration and the KUAC Board. they were all sold a bill of goods and they bought it hook, line and sinker. it's just another sad case of KU athletics...being governed to feed the monster that is the mens basketball program, and everything else is compromised: our integrity, outrageous bonuses and salaries, and just overall accountability in the athletics dept. it won't change, until, (and we hope he is the guy) that our new AD will push back, and do the things necessary to manage and promote and help ALL of KU athletics...and football and mens bball will take care of itself. and then we need the administration to enable that view to prosper.

Mr. Zenger, your challenge is daunting...but someone has to be that guy...the person to start the ball rolling at KU, to a true, functioning and effective big time college sports athletic dept. it won't be easy, but if you can do it, your legacy at KU will be set.

Vinny1 8 years, 1 month ago

I would argue that Lew started the ball rolling on those things. Its true, some of the things that happened during his time were not good, but he did a lot of great things for KUAC.

Now its time for Sheahon to weed out the rest of those bad things and keep the good thing things coming.

Dyrk Dugan 8 years, 1 month ago

how much more evidence do we need about Lew's time at KU? about what a true debacle it truly was? good grief, the ticket scandal almost pales in comparison to the laughing all the way to the bank dollars being paid out to our AD, and a womens coach he hired, to not produce.

but you know what? it's truly not their fault....they were doing what they were allowed to do by the administration and the KUAC Board. they were all sold a bill of goods and they bought it hook, line and sinker. it's just another sad case of KU athletics...being governed to feed the monster that is the mens basketball program, and everything else is compromised: our integrity, outrageous bonuses and salaries, and just overall accountability in the athletics dept. it won't change, until, (and we hope he is the guy) that our new AD will push back, and do the things necessary to manage and promote and help ALL of KU athletics...and football and mens bball will take care of itself. and then we need the administration to enable that view to prosper.

Mr. Zenger, your challenge is daunting...but someone has to be that guy...the person to start the ball rolling at KU, to a true, functioning and effective big time college sports athletic dept. it won't be easy, but if you can do it, your legacy at KU will be set.

TheGiftedOne 8 years, 1 month ago

Been saying all this for years...too little too late. The talent is there to compete.

missmagoo 8 years, 1 month ago

What a waste of money!

NOW we can implicate Lew Perkins on federal charges for being a moron!

Andy Tweedy 8 years, 1 month ago

OMG, I'm so glad there isn't really a federal charge for "being a moron!" The other day I almost flooded my house!

Clarence Haynes 8 years, 1 month ago

Strikes me that there is a lot of fat in terms of personnel numbers. Looks like the org chart of the Athletics Dept should be looked at hard for consideration of redundancy and staff cost reductions.

squawkhawk 8 years, 1 month ago

WOW! How many hundreds of thousands of dollars is that per win? And everyone thought, when he came to KU, that Lew Perkins was the right hand of God.

kureader 8 years, 1 month ago

She's just beginning the FIRST year of a THREE year contract extension? Lew extended her contract for three more years before he left.
Great. Thanks, Lew.

Let me guess, if this next season is a bust, we'll be paying yet another KU coach to NOT coach? We're already paying two head football coaches and two AD's. If Gill's performance doesn't improve in the next couple years, we could be paying him NOT to coach as well.

Pay 'em what they want Zenger. But don't sign coaches to long-term, no-cut deals until AFTER they've won a few championships for you. Perkins was a bonehead in this respect.

Vinny1 8 years, 1 month ago

How about this little fact that I bet not a single one of you knows.

Bonnie is the second LOWEST paid womens coach in the Big 12.

You going to be crying when we spend more on the next one?

kureader 8 years, 1 month ago

I've said it too. The pay scale for NCAA coaches is what it is. Our next women's coach will be will paid.

But, I'm skeptical that Bonnie's TOTAL compensation, reportedly something near $2 million, is "second LOWEST" in the Big 12, as you suggest.

bevy 8 years, 1 month ago

How about the fact that she is paid a MUCH lower salary than Coach Self, for doing essentially the same work (coaching basketball!) Yes, he's winning more than she is - a lot more - but we all know that the women's program gets a tiny fraction of the support that the men's program does. Anyone know how the scholarships stack up between the two? Does she have the resources to recruit high-quality players?

Bob Forer 8 years, 1 month ago

I don't know the woman. She may be a nice lady, but she sure hasn't performed at the two million dollar level. Absurd, if you ask me.

telostelos 8 years, 1 month ago

Perfect timing for Lew. Lew's total incompetence was masked by great timing. In Lew's early years the big money sports were on the rise. Mangino got the football program going and winning but more importantly filling the seats in Memorial Stadium. There was true excitement around the football program. Football at KU became a big deal. Even though if you recall, Lew was ready to fire Mangino right before football took off. But Lew got the credit and glory of a successulf football program which appeared on the rise. Then there was Bill Self and BB. Self continued to produce good teams and topped it off by winning a NC. But again Lew got the credit and glory. All appeared wonderful in KU athletics. The Bonnie Hendrickson and idiotic contracts along with the ticket scandle flew under the radar. All was great with KU athletics thanks to success in football and basketball. But then the true Lew came to light. This is part of Lew's legacy. It remindes me of the secret deal that KSU had with Prince. I hope the new AD can clean up Lew's mess. Mean while, Lew has moved on to Bishop Seabury in Lawrence. Wonder what he will pull off there.

ChesterCopperpot 8 years, 1 month ago

First of all, I don’t think any KU fan in his right mind gives Lew any credit or glory for KU football’s success a few years ago. Everyone knows Mangino was not Lew’s guy. That doesn’t even make sense, but it is easy to say now, when trying to pile on.

To say Lew’s tenure was all negative seems a bit revisionist to me. Obviously he’s no saint, and his time at KU was up, but he did do some good things at KU. While the ticket scandal and ridiculous contracts like this are part of Lew’s legacy, so are the following positive things...

Starting in ‘05-’06 with the first round of renovations to Allen Fieldhouse, including the new video board. The Booth Family Hall of Athletics Anderson Family Football complex New basketball practice and training facility, locker rooms, donor atrium, new concourses and more AFH upgrades Student Athlete housing was upgraded Hoglund ballpark was renovated Arrachoa Softball field received renovations Wagnon Center renovations New Golf training center Plus a new boat house for the rowing team New Academic support services facility

Not to mention the fact that he took fund raising to unseen levels at KU. The athletic budget before Lew, $27-million. After Lew, $55-million. He also got new lucrative deals with Adidas, ESPN and IMG, that all benefited the athletic department as a whole.

While the bad might out weight most of this, I’m just saying, good things were accomplished too. It wasn’t all negative.

kureader 8 years, 1 month ago

Your point is valid. However, look at the budgets from each and every Big 12 school during this same period. I believe you'll see similar budget increases. During the last 10 years, NCAA programs have enjoyed significant increases in revenues from television rights, endorsements from clothing and equipment companies, and contributions from key donors. MIssouri, K-Straight, Oklahoma State, Texas and most others have been able to make significant upgrades to their facilities, staffs and student services. All of these schools inked new agreements with ESPN and Adidas or some other company. Lew certainly deserves some credit, but many of the things on your list would have happened with or without him.

I will remember Lew as the arrogant jerk who offended more of my KU alumni friends and donors, than I can count. And, he was the guy who made sure we'd pay coaches (and himself) over $6 million dollars to NOT coach or work at KU. And these costs will, most likely, continue. Hendrickson and Gill aren't the only ones with long term, not cut contracts.

I'm not saying you're entirely wrong. I'm just saying, that for $4 million a year, I would certainly hope and expect that this guy did something good ... wouldn't you?

ChesterCopperpot 8 years, 1 month ago

Well, when you put it that way... Yes, very good points. I was some what viewing it from the stand point of looking at what had been done at KU before he got here. It seemed like facilities had been neglected for a long time. But if I do widen my view beyond KU, as you suggest, your point is well taken.

dick_hawk 8 years, 1 month ago

Life is just a lark at KU as a coach, administrator, etc. I think the public now understands why tuition and taxes are so high. When performance and accountability are thrown out the window, as in academia, you get a lot of whiners who want more from the taxpayer.

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