tennvols77
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Not saying Muschamp would or wouldn't be a good hire, but you don't hire people for their glowing personality, you hire them because they get the job done.Don’t want this jackass anywhere near our program. Screw him
Though I don't agree with a lot of the accounting questions or assertions raised about buyouts in this thread, actually 2020 us the perfect year to ask for donations as they are 100% deductible on taxes this year.Great question and a valid point on Butch’s contract.
My take is, (1) we have an Athletics Dept. that spends money like a teenager’s first paycheck. Our money is allocated/gone as soon as it comes in.
(2) Latest figures I can find, we have only $11M (ish) in reserves (probs lt less by now), and that’s higher than we’ve had many times over the last 10 years. (3) We are estimated to operate at a 40M deficit this year. (4) Thanks to Fulmer, we owe Pruitt the full $13M, no mitigation. (5) This will be the 3rd time in 8 years we’ve gone to mega-boosters asking for a mega-bailout. Late 2020 is a bad time to ask for money, no matter how rich the donor.
I guess that’s a long way of saying, SC probably manages their money and their coaches contracts better than us.
Why does it seem that our "bargain hires" end up costing us Saban-like money?
Not saying you're incorrect, it just seems the numbers seem to vary the more they are discussed..Pruitts buyout is around $13M and it would cost is approximately $6M to but out his staff. That’s the number that I’ve heard several times.
GBO!!