Chancellor: NC State coach deal can be done quickly
Posted November 28, 2012
Updated November 29, 2012
Raleigh, N.C. — No names were discussed at Wednesday's North Carolina State University Board of Trustees meeting, but the parameters of a financial contract for a new head football coach were.
"The process that we are using here is designed for us to be as quick about this as possible. It’s a very competitive market," NC State Chancellor Randy Woodson said following the meeting, “We feel like we have the opportunity to close this very quickly. "
Sources told to WRAL News Wednesday that both Louisiana Tech head coach Sonny Dykes and Clemson offensive coordinator Chad Morris have had contact with NC State about the head coaching position left vacant after Tom O’Brien was fired Sunday.
NC State Director of Athletics Debbie Yow was not on campus Wednesday but would not say where she was to protect the details of the interviewing candidates.
It has been widely speculated that NC State’s budget for a new head coach was between $2-3 million annually. Currently, the highest paid coach in the ACC is Jimbo Fisher at Florida State who earns $2.75 million yearly.
According to the USA Today, Dykes makes $760,200 annually in his current role and Morris earns $1.3 million.
O’Brien’s buyout calls for the school to pay him a total of $1.2 million spread over the next four years.
NC State hired Atlanta-based Parker Executive Search firm to assist in their search, the same company that the university used when hiring Yow. The university would not confirm the fee Parker is charging for the search, although reports of $90,000 are consistent with other search charges in the past.
O’Brien was released of his position after a 40-35 record in six seasons in Raleigh, taking the Wolfpack to four bowl games in five years, including each of the last three.
Woodson said O'Brien would be paid his bonus for reaching a bowl game this season, however he will not coach in the game. Offensive coordinator Dana Bible will serve as the interim for the game that has not yet been determined.
O’Brien’s teams finished in the Top 25 just once – No. 25 in 2010.
Yow said in a Sunday press conference that she expects the Wolfpack to be a perennial Top 25 team and to do so with a focus on in-state recruiting.