InVOLuntary
Well-Known Member
- Joined
- Nov 11, 2012
- Messages
- 61,085
- Likes
- 145,131
A 9.5 million reserve is nothing when you are on pace to lose 40 million this year. I said as much in my post above responding to Jake. Basically provided that example.
My link was the same year that you provided revenue in football. That’s why it was relevant.
If you think 9.5 million in reserve right now is sufficient, there’s not much else to discuss. They need big help from donors.
I can't see any scenario where Pruitt remains on this staff as anything but a head coach. Why would he want to be the DC at Tennessee when he could be the DC at Bama and compete for a National Championship every year?I don't really call it house cleaning. It's just rolling Pruitt down to DC, helping Ansley return to the NFL on his own, bringing in Freeze to replace both Pruitt and also to handle play calling since Cheney will retire. Other than that minor reshuffling we're just backfilling some assistants as they leave like you said. There, we've cleaned house without any public house cleaning. Just a nice neat orderly process and with Pruitt staying even the recruiting flows seamlessly.
Deficit doesn’t mean they didn’t add to their reserves or transfer more money to the university. Without looking at a detailed p&l along with a balance sheet, there is no way to know. Give you an example, worked for a multi national and every year we added to or established reserves for future operations. While it reduced in-year earnings, it provided future flexibility.2018 was the numbers they had. They won’t have 2020 until next year.
UT had a deficit in 2018.
Deficit doesn’t mean they didn’t add to their reserves or transfer more money to the university. Without looking at a detailed p&l along with a balance sheet, there is no way to know. Give you an example, worked for a multi national and every year we added to or established reserves for future operations. While it reduced in-year earnings, it provided future flexibility.
FIFYIts simple... Think of Tennessee Football as a business because it is.... Name of the game is make money.. sometimes, you have to spend a little money to make a lot of money..
If you hire Freeze, I guarantee there's 102,455 butts in the seats on opening day, donations will soar through the roof, etc..
If you trot JP and JG out there, will 60k be there?
Make the investment, and let the fans/boosters/whoever reward you for it.
Maybe the bifgest concern of all. If the modern HC is to merely be a CEO type - then he has to be able to make the right hires - the smartest and brightest and not be afraid that they are better/smarter than the leader himself - then LET those people manage and work on their own.With the exception of Niedermeyer, Osovet, Tee, and maybe Graham, Pruitt has made some really bad assistant hires.
I’m with you on this. Hyams said earlier the total staff buyout was 20 million. Some of that could be mitigated but how much? If you release a few high paid assistants who is to say they don’t go work for a Belicheck for 50k yr? And then what?
Wiping the whole slate clean and starting over isn’t as easy as some make it out to be.
@InVOLuntaryDon't @ me.
? They reduced taxable profits by throwing pre-earnings money into a "reserve"? Odd. All companies keep cash-equivalent assets, but they are taxes first as earnings, as they were earned profits. But for an MNC, taxed abroad, who knows what weird laws or tax shields, tax inversion scheme, or...tax avoidance could occur. I don't see a university/AD being able to report in such a way...claiming deficits while they are stuffing reserves.Deficit doesn’t mean they didn’t add to their reserves or transfer more money to the university. Without looking at a detailed p&l along with a balance sheet, there is no way to know. Give you an example, worked for a multi national and every year we added to or established reserves for future operations. While it reduced in-year earnings, it provided future flexibility.
The Mom on "The Goldberg's" is the ultimate yenta and it's still a thing, today. But not as bad as a Karen, more like a gossip, imoView attachment 322724
So is this the 1920's version of Karen?
The only thing I was looking forward to was getting to see HB, other than that mehJust popping in to say I wish we were playing tomorrow, we only get a certain amount of games to watch a year so I’d rather us loose than not watch at all. As a Vol fan we’ve been through so much no reason to turn our back on them now.
It’s better than losing 10s of millions in one fiscal year—which is what ‘21 is shaping up for—effectively washing the ~$20 million and mitigating any lingering ramifications arising because of their refusal to act. We’ve had a penchant for being a year late and a dollar short for years now, and it’s time they quit trying to decipher tea leaves and read the graffiti scrawled on the side of Neyland-Thompson Sports Complex. Stated another way, if you’re getting your teeth kicked in, you either cover up, retaliate, or continue to take the beating. We are unequivocally doing the latter. I said it weeks ago and others have echoed it, but it’s simple: What will be done inevitably must be done immediately.
Err Arky beat us by 11...at home...and that's with us wasting 4 possessions with Maurer netting all of 20 yards. Had JG not been injured, Shrout traveled, or maybe HB been qb2, we had a real shot.
Simple, imo. The Hogs had a lot better QB than UT does and they made halftime adjustments, apparently we didn't. Doesn't matter what year the head coaches are in, those 2 things will win u a lot of games against teams like UTNot picking on you but none of that makes me feel better. We’re talking Tennessee football in year 3 vs Arkansas in year 1 of a first time HC. It’s just beyond explaining now.
The people who think bringing in a new HC and keeping Pruitt on as DC is an actual possibility are high AF. Like Jerry Garcia circa 1967 high.I can't see any scenario where Pruitt remains on this staff as anything but a head coach. Why would he want to be the DC at Tennessee when he could be the DC at Bama and compete for a National Championship every year?