Well, this is good money if you can get it.
Dave Matter of the St. Louis Post-Dispatch reported Tuesday that Missouri paid a base fee of $75,000 to a search firm to assist in hiring athletic director Jim Sterk, formerly of San Diego State. According to the report, Missouri also will reimburse the company, College Sports Associates, for “any expenses related to travel, lodging, meals, materials, printing and other reasonable out-of-pocket business expenses.”
Missouri has used search firms before. According to Matter, the school paid $84,720.60 to conduct the search that led to coach Barry Odom’s hire last December.
Then there were the costs involved with former athletic director Mack Rhoades’ hire in March 2015. Here’s more from Matter:
Last year, Mizzou paid Korn Ferry International an initial retainer fee of $75,000 when it hired Rhoades. The cost of that search eclipsed $200,000. Korn Ferry would have conducted a second search at no cost had Rhoades left Mizzou within a year of his start date. He left after 14 months.
Keep that bank account stocked, Mizzou.