Vrede too wrote: ↑Fri Dec 18, 2020 9:55 am
billy.pilgrim wrote: ↑Thu Dec 17, 2020 6:08 pm
The money doesn't come from scholarship or anything else for that matter. It's Booster money, or most of it is, and these days 21 million is pocket change to our rich class....
No school money goes to HC salaries? If so, it still represents money that could have gone to other uses, and it's partially subsidized by taxpayers when claimed as a charitable donation.
Vrede too wrote: ↑Sun Dec 13, 2020 8:32 am
GO:
Friday, December 18th
WA (probably) or OR > @(undefeated) USC in the Pac-12 Championship
@(undefeated) Buffalo > Ball State in the MAC Championship
@Rutgers > Nebraska
Yeah, probably so, but what the alternative, or are you just jumping on Auburn for trying to get rid of a mediocre coach?
"The university (Maryland), which has had three head football coaches and two interim coaches in the last 4½ years, spent more on buyouts in the 2019 fiscal year than on the current head coach’s salary ($2.1 million), football team travel ($1.2 million), and football recruiting ($548,699) combined, according to a recent financial report to the NCAA.
The biggest beneficiary, former head coach DJ Durkin, had signed a five-year, $12.5 million contract in December 2015 calling for him to receive 65% of any remaining money if he was dismissed. Durkin was fired in October 2018, four months after offensive lineman Jordan McNair died after suffering heatstroke. According to a spreadsheet from the school, Durkin received $3.2 million during the last fiscal year, was owed $2.1 million after that, and — under his contract — was permitted to continue collecting the money even if he got a job with another school."
https://www-baltimoresun-com.cdn.amppro ... story.html
And more perspective to the story (March 2020)
Here's some real insanity
"Nebraska has spent more money firing coaches than any other school in the past 15 years"
"In 2018 alone, Nebraska paid $11.9 million in severance payments. They were one of five schools to top $10 million in payments that year, including Arizona State, UCLA, Florida and Tennessee."
In total, the study found, schools paid more than $491,000,000 in severance pay since 2005.
Nebraska currently has the highest-paid football coach in school history, Scott Frost, and the highest-paid basketball coach in history, Fred Hoiberg. Frost is 9-15 in two seasons at Nebraska, the fewest amount of wins in two years in more than 50 years.
Hoiberg’s first season was the worst in 60 years with a 7-25 record. His 7-year, $25 million deal placed him as the 11th-highest paid coach in college basketball.
https://sports.usatoday.com/ncaa/salari ... all/coach/
Wonder what Coach K's buyout is (private schools don't tell). John Calipari is over 60 million.
https://starherald-com.cdn.ampproject.o ... 20%251%24s
Jimbo Fisher, Texas A&M
Buyout: $60.6 million
Willie Taggart, Florida State
Buyout: $17.7 million
Kirby Smart, Georgia
Buyout: $24.24 million
Kirk Ferentz, Iowa
Buyout: $21.571 million
https://amp-usatoday-com.cdn.ampproject ... 0951002%2F
Even more insane - a one way 60+ million buyout.
Texas A&M gave a 10-year, $75 million, fully guaranteed contract to a coach who’d just gone 5-6 at Florida State, then let Fisher have an exit buyout of zero dollars on his own end.
https://www-sbnation-com.cdn.ampproject ... 18-ranking
Crazy, but what do you propose? Buyouts keep coaches at their schools. Calipari and Coach K could easily earn a larger per year salary without the buyouts to hold them where they are.
Even with the buyouts, these programs make money for the schools due mostly to tv.
And more
South Carolina will pay Muschamp a reported $13.2 million buyout, according to The State
I really don't see picking on Auburn. We had an awful AD who ran off a good coach for trying to get a modest raise for his DC (Muschamp), hired a loser who won a NC with the fired coach’s team and then opened the cash floodgates to these two on again off again loser coaches.
I guess the federal government could pass a law limiting athletic coach salaries, but I'm not sure how that would stand up in court. Maybe a Constitutional Amendment?
Or we could just pick on Auburn for giving gus a raise and a higher buyout when Arkansas was offering more than he was making.
Fucking capitalism?
Trump: “We had the safest border in the history of our country - or at least recorded history. I guess maybe a thousand years ago it was even better.”
