Rumor out of Columbia Muschamp is out [Confirmed]

#126
#126
SmokyRiverDog said:
That all applies based on offset of previous contract. I have no idea about his Florida contract. By all accounts, his SC contract has offset included.
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No, if Tennessee signed him with a 3 million dollar buyout they would owe that amount and the previous job has no bearing on that what so ever.
 
#128
#128
DustyRockSolid said:
Hopefully auburn fires Gus, too. That would make this complete. Tennessee is just a bad football program. I hope bailey transfers to ole miss. Kiffin will make him a star.
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Yeah and it would appear Pruitt has missed out on the Ty Simpson sweepstakes, he's going to Bama or Clemson
 
#129
#129
Volsfaninva917 said:
No, if Tennessee signed him with a 3 million dollar buyout they would owe that amount and the previous job has no bearing on that what so ever.
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Not true. Any money from coaching at a new job is deducted from the buyout for the length of the buyout term at the old job under a standard contract and offset situation. Of course, I'm sure they can get creative in some situations. Also, the buyout not factoring is usually once outside the buyout term from the previous employer.
 
#131
#131
Not sure how the math works for them to fire Muschamp.

"In October, USA TODAY reported Muschamp’s buyout is still just under $15.4 million. That’s a consequence of the contract extension he got in December of 2018, taking him through 2024. South Carolina athletic director Ryan Tanner told the school Board of Trustees in September that his department could miss out on $58 million of a projected $127 million in revenue this year. That’s nearly half of projected revenue lined up to be gone."
 
#132
#132
SmokyRiverDog said:
Not true. Any money from coaching at a new job is deducted from the buyout for the length of the buyout term at the old job under a standard contract and offset situation. Of course, I'm sure they can get creative in some situations. Also, the buyout not factoring is usually once outside the buyout term from the previous employer.
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No its not, the only person a new job helps is the previous employer because they can deduct a certain % of the new salary from buyouts they owe. Tennessee would have a completely different buyout and the previous school has ZERO bearing on that.

Example South Carolina would deduct a % of what UT is paying from its buyout money owed to Muschamp. South Carolina would have no bearing what so ever on buyout money owed if UT fires him.
 
#133
#133
OrangeWave2 said:
And UT only reported a revenue short fall in the 9 figure range thanks to COVID.
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That's only part of the story, though. That number sounds ominous, but how much did expenses decline? The difference is what matters. They have a lot of costs that they have not had to pay (travel, event personnel).
 
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#134
#134
OrangeWave2 said:
And UT only reported a revenue short fall in the 9 figure range thanks to COVID.
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That's the university system, not the athletic department that has 9 figure shortfall (Note, all other schools in the SEC are in the same boat). The athletic department is estimating a shortfall in the $40MM range, which is in line with every other SEC school.

One other thing, these COVID "shortfalls" will have everything and the kitchen sink included to maximize the amount of stimulus money in the next wave of stimulus legislation (if enacted)
 
#135
#135
dobre_shunka said:
Not sure how the math works for them to fire Muschamp.

"In October, USA TODAY reported Muschamp’s buyout is still just under $15.4 million. That’s a consequence of the contract extension he got in December of 2018, taking him through 2024. South Carolina athletic director Ryan Tanner told the school Board of Trustees in September that his department could miss out on $58 million of a projected $127 million in revenue this year. That’s nearly half of projected revenue lined up to be gone."
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Simple, some fat cat boosters will open up their checkbooks. It might look bad from a PR standpoint, but if you hire the right coach, who cares.
 
#136
#136
Volsfaninva917 said:
No its not, the only person a new job helps is the previous employer because they can deduct a certain % of the new salary from buyouts they owe. Tennessee would have a completely different buyout and the previous school has ZERO bearing on that.

Example South Carolina would deduct a % of what UT is paying from its buyout money owed to Muschamp. South Carolina would have no bearing what so ever on buyout money owed if UT fires him.
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He has no incentive to include that prior to expiration of his former contract, and he would only be hampering his new employer with no financial gain for himself. That's terrible contract negotiation on his part. Why screw the new employer instead of the old one, all things being equal?
 
#137
#137
SmokyRiverDog said:
He has no incentive to include that prior to expiration of his former contract, and he would only be hampering his new employer with no financial gain for himself. That's terrible contract negotiation on his part. Why screw the new employer instead of the old one, all things being equal?
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Why the hell would South Carolina want to be on the hook for buyout money if UT fires him? It doesn't work that way, i don't know what else to tell you.
 
#138
#138
DustyRockSolid said:
This is stupid. SC can do it but we can't. I hope we lose every game left this season. Add more blowout losses to Pruitt's resume.
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All of these kids could have opted out. One of them has had a dangerous lung disease and came back when he could have gone to the NFL. Really bad take.
 
#139
#139
Are we sure that Muschamp has a mitigation clause? he did not have one at UF and it is hard for me to imagine he agreed to one at SC, although he did agree to a restructure with a reduced buyout last year.
 
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#141
#141
Boston Vol said:
Why in the hell would Hugh Freeze take the SCar job? He’ll have the opportunity to get a big time P5 job in the next couple of years.
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He’s making 3 mill/year at Liberty and will probably have a statue erected on Hugh Freeze Ln, after this season. Liberty appears to be making a serious push to become a legit D1 program. My question is, why would he leave Liberty?
GBO!!
 
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#143
#143
cobbwebb0710 said:
He’s making 3 mill/year at Liberty and will probably have a statue erected on Hugh Freeze Ln, after this season. Liberty appears to be making a serious push to become a legit D1 program. My question is, why would he leave Liberty?
GBO!!
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To be on the biggest of stages, with big money
 
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#144
#144
If some booster base is willing to ignore Covid austerity and lay down big bucks, and believe it or not some people have made an assload of money this year, they could get Freeze. SC and Auburn are both schools that have shown willingness to lay down homerun hire dollars and I could see either one going after him with well more than double what Liberty is paying.
 
#148
#148
VolunteerHillbilly said:
If some booster base is willing to ignore Covid austerity and lay down big bucks, and believe it or not some people have made an assload of money this year, they could get Freeze. SC and Auburn are both schools that have shown willingness to lay down homerun hire dollars and I could see either one going after him with well more than double what Liberty is paying.
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Ok, what big dollar home run hires has SCAR made?
 
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