UT vs. Auburn vs. Missouri

#1
K-town Vol Fan

K-town Vol Fan

Blood Runneth Orange
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#1
Its going to be very interesting to watch over the next few years with us all getting new coaches. Should be pretty easy to see who made the best hire
 
#2
#2
Auburn has the cash. We don't. We wasted millions on Fulmer, Delmonico, Pearl, Raliegh, DD, Hamilton buyouts. Everybody thinks we have an endless supply of money.
 
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#3
#3
knoxville's finest said:
Auburn has the cash. We don't. We wasted millions on Fulmer, Delmonico, Pearl, Raliegh, DD, Hamilton buyouts. Everybody thinks we have an endless supply of money.
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This needs to be sticked. Dave Hart doesn't get the credit he deserves btw. He inherited a huge mess and is finally cleaning it all up. Glad to see some stability coming up in the future.
 
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#4
#4
Stoked4Zo said:
This needs to be sticked. Dave Hart doesn't get the credit he deserves btw. He inherited a huge mess and is finally cleaning it all up. Glad to see some stability coming up in the future.
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I agree. Now send Freak a message and beg him to change your name...:)
 
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#9
#9
Get ready to add Florida to the list of schools making a hire.

EVERYONE that is a part of VN better be praying to God that a deal with the t'wolves and Donnovan works out
 
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#10
#10
TeazyT said:
Get ready to add Florida to the list of schools making a hire.

EVERYONE that is a part of VN better be praying to God that a deal with the t'wolves and Donnovan works out
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I figured they will hire Tom Izzo. I'm sorta surprised they're pursing him after he screwed Orlando.
 
#12
#12
knoxville's finest said:
Auburn has the cash. We don't. We wasted millions on Fulmer, Delmonico, Pearl, Raliegh, DD, Hamilton buyouts. Everybody thinks we have an endless supply of money.
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Since 2008, UT has had to pay:

Fulmer $6 million
Pearl $0.95 million
Raleigh $0.33 million
Hamilton $1.3 million <---WTF?!
Dooley $5 million
-assistants $2 million

So, for those keeping score, that is over $14 million dollars in coaching buyouts, not including a couple million for those not retained from Kiff's staff, or the roughly 1 million that he and Orgeron had to pay back to the school, or the 1.3 million or so that Cuonzo owes UT (Call the Kiff's staff buyout and Cunzo/Kiff/Orgeron payback a wash). Also, consider how poorly Hamilton wrote contracts. When Kiff left, he owed UT something like $800,000, if he had been fired at the exact same moment, UT would have owed him $7.5 million.

$14 million dollars since 2008.

Add to that about 7 million a year going back to the academic side (see: University Diaries » “Tennessee’s athletic department is more than $200 million in debt, which is the most in the SEC. Moreover, Tennessee has reserves of just $1.95 million, which is the least in the SEC. “) prior to those payments being temporarily "suspended" around the hiring of Butch (Don't blame Hamilton alone for that, Gen. Neyland started the precedent of giving money from athletics towards purely academic scholarships).

Add to that around $200 million dollars of debt.

Oh, and while we're talking about how much money the AD spends, consider who else gets a cut of money that the AD makes...

The city of Knoxville taxes ticket sales at something like a 14% clip (so each time you buy a ticket at face value from the school, only 86% of that is retained), and as a general rule merchandise only produces about 15% revenue (so each time you buy a 30$ shirt, UT might get about $4.50). Or, to visualize this another way, when you go to Knoxville on a Saturday in the fall, you buy two tickets at $70 each from the University, plus 4 $30 shirts from Alumni Hall, or Hound Dogs, you have spent $260 supporting your favorite team, but the University might only see about $140 of that.

So, for anyone who is pissing and moaning that UT is bargain basement shopping, I say that you need to consider the reality of the situation and look at not only how much UT can afford, but the quality of coach for that price. This mess will take patience and time to recover from, and the current AD cannot be blamed. In fact, I believe he should be applauded for walking away from any deal that is not in the best interest of UT's finances when the outcome is not guaranteed (assuming the stories of White's buyout negotiations are correct). Sometimes it isn't the salary that is the issue, but the buyout. Big name coaches might demand a $3 million salary, which UT could probably absorb, the problem is that they would want a longer term guarantee and a buy out that could then be in the $10 million dollar range. That isn't what UT can afford should the relationship go sour.

Sources:

Tennessee Volunteers athletic department posts $3.98 million deficit - ESPN

Coach firings add up for University of Tennessee » GoVolsXtra

University Diaries » “Tennessee’s athletic department is more than $200 million in debt, which is the most in the SEC. Moreover, Tennessee has reserves of just $1.95 million, which is the least in the SEC. “

Firing a Coach, at a Price, With Little Evidence the Move Pays Off
 
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#16
#16
Domestic Silence said:
I want Hart to see what his pride will cost him. When fat ass Tyndall doesn't know what to do and Pearl is running that ass up and down the court, I want Hart to personally see what it is everyone wanted.
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so you will actively cheer for UT to lose? So cool
 
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#17
#17
These college coaches are smart enough to see that unless you are heading to the Lakers (maybe not even them right now), or wherever LeBron is, you are making a huge mistake.

Izzo and Donovan aren't stupid enough to fall for that. Their jobs now are 10x better than Minnesota, not to mention they have ALL of the control.
 
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#19
#19
Domestic Silence said:
These college coaches are smart enough to see that unless you are heading to the Lakers (maybe not even them right now), or wherever LeBron is, you are making a huge mistake.

Izzo and Donovan aren't stupid enough to fall for that. Their jobs now are 10x better than Minnesota, not to mention they have ALL of the control.
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Donovan is setup in this conference to be an all timer.. He isn't going anywhere
 
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