College Sports - Dead Money for Fired Coaches

Womenandcookies

Jolly Good Fellow
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Apr 11, 2008
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ESPN made this article/graphic for which schools have spent the most money on paying coaches not to coach.
https://www.espn.com/espn/feature/story/_/id/32355679/dead-money

There's nearly half a billion dollars P5 colleges are paying coaches to leave. This doesn't seem sustainable. Especially when you have coaches like Muschamp, Strong, Pelini and Sumlin being paid nearly 10-20 million each to not coach at 2 schools at the same time. Just 9 coaches alone are worth $100 million to not coach.

I think we're seeing the market correct itself these days. You have LSU getting rid of Coach O for cause. Tennessee conducting their own internal investigation to get rid of Pruitt for cause. Washington is now investigating their coach for smacking a player on the head with a plastic play sheet. Clearly a precursor for firing him for cause. This arms race of giving coaches insane buyouts is resulting in coaches being investigated by their own schools to find anything they can to fire them for cause.

Some schools are going to pay their coach to go away, others will fabricate reasons for cause, but one way or another the school will drop a bad coach. I say cut out the financial anchor and start signing coaches to 2-3 year deals with an easy buyout. If a recruit doesn't understand that concept the transfer portal exist for a reason. Any recruit that signs on right now to play for Duke, VT, Miami, Nebraska has to know that the chances of their coach being there the next 4 years are slim, no matter how many years they have left on a contract. Why pretend otherwise and waste money doing so?
 
$6.1M Paul Hewitt
$1.4M Ted Roof
$1.3M Brian Gregory
$640K Nathan Woody
$333K Paul Johnson
$141K Michael Pelton
$133K Ronald West
 
This is what the industry deserves.

Every since the SCOTUS Decision in 1984, that moved the big TV Money away from the NCAA to the Conferences and schools, the NCAA has hid behind an outdated, sham of amateurism doing everything in their Power to keep money away from the front line generators of that Money, the Players

All that did was stockpile Money so it could get fleeced away by a different group of people, the Coaches and Administrators.

In 12 yrs time Coordinations went from$250K to $2.5 million in yearly salary, and HCs went from $3million to $10million in yearly pay, it was borderline criminal, but no one cared as long as the Players didn't get fairly compensated, the illusion of amateurism had to be maintained.

Purdue is now a $6 million per yr FB Job , that should tell you how crazy coaching salaries have become

I'm not in favor of paying a salary to the players , but you can give them enhanced stipends to go along with the full scholarship to make everything more fair, OR don't, but require all sports to operate at break even on their own Ticket Sales and own TV Deals, basically be financially self sufficient.

Everyone was so worried about an Athlete having a couple of grand in his pocket every month, while Agents and Coaches were raiding the Athl Depts bank accounts.

This is a perfect example of what goes wrong when you focus on the wrong things.
 
Yes saw this, posted story below earlier, GT #18 on list over last 10 years:
Well, at least at we're top 20 in something, albeit poor administration

Oh, well, so much for the delusion that we have smart people in the upper levels of the institute...
 
Bo Pelini
$10.5M
After receiving $6.5 million upon his dismissal from Nebraska in 2014, Pelini picked up an additional $4 million after one season as LSU's defensive coordinator in 2020.

WTF LSU
 
ESPN made this article/graphic for which schools have spent the most money on paying coaches not to coach.
https://www.espn.com/espn/feature/story/_/id/32355679/dead-money

There's nearly half a billion dollars P5 colleges are paying coaches to leave. This doesn't seem sustainable. Especially when you have coaches like Muschamp, Strong, Pelini and Sumlin being paid nearly 10-20 million each to not coach at 2 schools at the same time. Just 9 coaches alone are worth $100 million to not coach.

I think we're seeing the market correct itself these days. You have LSU getting rid of Coach O for cause. Tennessee conducting their own internal investigation to get rid of Pruitt for cause. Washington is now investigating their coach for smacking a player on the head with a plastic play sheet. Clearly a precursor for firing him for cause. This arms race of giving coaches insane buyouts is resulting in coaches being investigated by their own schools to find anything they can to fire them for cause.

Some schools are going to pay their coach to go away, others will fabricate reasons for cause, but one way or another the school will drop a bad coach. I say cut out the financial anchor and start signing coaches to 2-3 year deals with an easy buyout. If a recruit doesn't understand that concept the transfer portal exist for a reason. Any recruit that signs on right now to play for Duke, VT, Miami, Nebraska has to know that the chances of their coach being there the next 4 years are slim, no matter how many years they have left on a contract. Why pretend otherwise and waste money doing so?

This isn’t surprising at least not for the SEC. Coaching there is like being in a pressure cooker. High risk, high reward. For instance, coach Clown at Florida is most likely gone at the end of this season even if he wins out. He fired a couple of guys yesterday to help cover himself but he is a glorified idiot as a head coach in the SEC.
 
Well, at least at we're top 20 in something, albeit poor administration

Oh, well, so much for the delusion that we have smart people in the upper levels of the institute...
Just think how we’d move up on that list if we did what many on here want to do about football. Maybe there is no sane way to operate a competitive college football program any more. Can you imagine being a big donor watching your million go into the dead money pile.

Wake spends about the same us, #51 ranked recruiting class (vs our #28), team looks prepared. Wake was his first P5 HC job, Wake had messed up earlier giving Grobe a huge extension that was a mistake. I’m pretty sure they started Clawson with a four year contract (!!!).
 
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