No matter how much Steve Kerr makes in his next contract, he will be undercompensated

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Steve Kerr either has completed or is about to complete negotiations on his new contract as the head coach of The Team That Ruined Everything, and we know one thing already.

He is still sadly undercompensated at any price.

Only this isn’t because his boss is a cheapskate. Joe Lacob does not squeeze the wallets of those to whom he owes a debt, and Kerr is owed a massive one. Three rings say so.

But Lacob’s climb in the national consciousness is tied to the work of many others, and Kerr is one of those, so if his new contract pays him twice his current $5 million per annum or even more, it’s still less than it ought to be.

[LISTEN: Warriors Outsiders Podcast -- Will Steve Kerr get $10 million annually?]

And yet Kerr is fortunate that he didn’t win the Stanley Cup. There, the prize is only $300,000, take it or leave it. And Barry Trotz, the head coach of the Washington Capitals who no longer is, decided to leave it.

It does bring us to an interesting conundrum, namely finding the answer to the question, “What’s the love of a city worth to you?” Ted Leonsis, the owner of the Capitals who decided to lowball the only coach who ever gave him a parade, decided that the principle of not overcompensating a coach is worth more than the best moment he has ever had as a sports owner. Lacob, on the other hand, pays for his parades and the people who make them possible.

There is a measurable but also quantifiable difference between those two positions, and the word “gratitude” comes immediately to mind.

But the words Caps general manager Brian McLellan used were “high character and integrity,” and he used them to describe Trotz while he explained how the further care and grooming of the Cupholders could no longer use such a man in their employ.

No, this was about a plan to fire Trotz if he didn’t win the Cup (or, in the parlance of the day, “choose not to renew his contract,” or the even newer one, “choose to part ways”) that backfired because he got his players to do just that. It’s almost as if he screwed the organization by giving it a championship.

Oh, there will be other explanations offered in the next day or two as to why this had to be done for the good of the franchise, and how Trotz was surely losing the team while guiding it eagerly to the thing hockey players crave most.

But mostly, this was about valuing a once-in-a-lifetime moment at 20 percent of a man’s annual salary because, well, damn it, a deal’s a deal, and it’s just a coach and you can find them anywhere.

Of course you can. Cup-winning coaches are a dime a dozen – 52 total, or 14 percent of all the men who ever coached in the NHL. It’s a job so easy that most baristas could do it while foaming your latte.

Except that it isn’t, and never has been. Steve Kerr, who allegedly has the easiest job in NBA history, can vouch for how hard the Warriors’ third championship was, with the best team of its era. Joe Lacob can vouch for it, too, and is.

Oh, there will be a time when Kerr might be called overpaid, after the championship window has closed and the Warriors flail to repeat what it is doing now with such facility. But he will know he was treated well for those three Larry O’Briens, and that they now have a value of their own.

Specifically, about 10 Stanley Cups worth. Weird, because I always was told the Cup is the greatest trophy in sports. Now, it’s worth $300K, because Ted Leonsis said so. How lucky Kerr is to work for a guy who thinks about the long game, and the many millions more he made by going pocketward when it was the right time to do so.

 

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