chuckiepoo
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Your dimes weren’t part of the fund created to keep Barnes from jumping to UCLA.
Barnes annual bump from the UCLA payraise was 1% of the annual athletic department budget. (Going from 3.3 to 4.7 in the first year after the pay bump). Obviously the big donors are kept in the loop but most of the $150MM in athletic department revenues are from non mega boosters.
Most of the AD’s revenue is from the TV contracts and TN’s share of NCAAT and bowl money distributed by the conference.
True but a 1.4MM increase in Barnes salary after UCLA wasn't a huge undertaking for a 140-150MM budget that uses every accounting gimmick to try to show as small of a profit as possible.
The big boosters are much more involved when there's a coach to be terminated than when one is extended.
The fiscal year runs 7/1 to 6/30. A bump for Barnes wasn’t in the budget.
You're a smart guy and you got an accounting background TGO. 3 months is plenty of time to delay a renovation or accelerate ticket deposits/contributions, tweak some indirect allocation, reserves, etc. Especially since bulk of that pay raise wouldn't really hit til the next fiscal year.
They wouldn’t look at it like that. Capital budgets are separate. Funds are budgeted, allocated, and designated. They can’t easily have unfavorable variances on the coaches salaries lines. Especially as a public institution. They also need to guarantee the out years in case the future budgets don’t allow it (not likely that the funds would be denied, but Barnes would have needed a promise to walk away from the UCLA money).
A lot easier to guarantee the back end with a strong and giving non mega donor fanbase. Memphis found out the hard way with Tubby Smith.
Memphis had one donor make that call to hire Tubby. The fanbase was apathetic at the end of the Pastner Era and became moreso after Tubby. That donor ended up writing a huge check
TN didn’t have the time to organize the base to counter UCLA. They needed an immediate guarantee with the state approved contract to follow. Barnes was about to walk away.
There's no official booster guarantee in these contracts (if so, you'd be able to FOIA it). Yes, the big time boosters know about the terms and they can speak up (supposedly this happened at FSU when Jimbo left). Obviously, it's implied that boosters would have to pay if a coach is fired but a formal "guarantee" would likely hurt the charitable deduction these guys get. You've seen the athletic dept pick up the past several football buyouts in its operating expenses.
I didn’t say that the booster would be in the UT contract. But there could easily be a private, bridge agreement between Barnes and booster(s) ensuring that UT will come through or else the booster will be accountable for the make good.
By the same token, these same donors will pony up your buyout and run you out of town without a moments notice. Barnes is not trending well right now. He needs a good run this March.
Basilio is full of crap on almost everything when it comes to basketball. He’s had an agenda against Barnes from the day he was hired, all because Barnes won’t go on his show like Tyndall did. If Danny White had a beef with Barnes, why did he give Barnes an extension this past summer? Completely illogical.Tony Basilio has mentioned this several times on his show. Take it for what it’s worth