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re: Bruce and Baz speak... On Pittman!
Posted on 11/16/23 at 11:54 am to RazorBroncs
Posted on 11/16/23 at 11:54 am to RazorBroncs
Someone posted a while back that the TV money has to go to the university but that the university is only allowed to contribute a max of $500K toward coaching buyouts or something like that, so it would have to mostly come from donors.
Not sure if that's exactly right but it was complicated and dumb.
Not sure if that's exactly right but it was complicated and dumb.
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Posted on 11/16/23 at 12:00 pm to Rhames
quote:that’s simply not true. They could easily find that much money
Doesn't sound like right now they have the 16MM to buy him out,
Posted on 11/16/23 at 1:15 pm to RazorBroncs
quote:
Do you have any idea how much money the AD makes in the SEC's TV contracts alone? They have $16 million. They have 10 times that amount available through various sources. Money is not the issue.
They make 37 million from the sec contract and had an 8MM operating surplus last year and a 2MM loss the year before.
They had to take out a 20MM loan for operating cash flows (that may have been paid back now)
It’s also not just the 16MM which they would pay out over the remainder of the contract. It’s buying out the whole staff, raising funds for another coach and his staff, and possibly funding the buyout for the new coach if he has one.
This post was edited on 11/16/23 at 1:22 pm
Posted on 11/16/23 at 1:17 pm to Hawgnsincebirth55
quote:
that’s simply not true. They could easily find that much money
If you say so. Not trying to get in a back and forth.
This post was edited on 11/16/23 at 1:21 pm
Posted on 11/16/23 at 1:21 pm to Rhames
quote:I mean if that really is the case then we’re the brokest school in America because every other school in America seems to be able to find the money anytime they want to fire a coach. You’re telling me if we’d went 0-12 this year and lost to western Carolina and Kent state he’d still be coaching here next year? If the answer is well no, we’d fire him then that means we do have the money we’re just ran by a bunch of losers who accept 4-8 seasons.
If you say so. Not trying to get jn a back and forth.
Posted on 11/16/23 at 1:23 pm to Hawgnsincebirth55
quote:
I mean if that really is the case then we’re the brokest school in America because every other school in America seems to be able to find the money anytime they want to fire a coach. You’re telling me if we’d went 0-12 this year and lost to western Carolina and Kent state he’d still be coaching here next year? If the answer is well no, we’d fire him then that means we do have the money we’re just ran by a bunch of losers who accept 4-8 seasons.
I’m telling you right now they don’t have the funds to do it. If they lose Saturday or get blown out by Missouri that may motivate some people.
This post was edited on 11/16/23 at 1:24 pm
Posted on 11/16/23 at 1:32 pm to Rhames
quote:
I’m telling you right now they don’t have the funds to do it.
You do not have to have the funds right now.
There would be a lump sum payment, then the rest would be paid out over a timeframe.
There is nothing in his contract that states he is given a briefcase full of cash before he leaves the football facilities. Every buyout is paid over time.
Posted on 11/16/23 at 1:39 pm to Hawgeye
I touched on this in another post.
quote:
It’s also not just the 16MM which they would pay out over the remainder of the contract. It’s buying out the whole staff, raising funds for another coach and his staff, and possibly funding the buyout for the new coach if he has one.
This post was edited on 11/16/23 at 1:40 pm
Posted on 11/16/23 at 1:44 pm to Rhames
My understanding is some would like to keep the defensive staff that is on campus. OC has already been fired...the rest of the offensive staff buyouts are very minimal.
Posted on 11/16/23 at 1:49 pm to Hawgeye
If you make a change at HC, you are going to have to let him build the staff out on his own.
No coach will come here under the stipulation he has to keep all the defensive coaches.
No coach will come here under the stipulation he has to keep all the defensive coaches.
Posted on 11/16/23 at 1:59 pm to Rhames
quote:
If you make a change at HC, you are going to have to let him build the staff out on his own.
No coach will come here under the stipulation he has to keep all the defensive coaches.
Nobody said the new coach had to keep them. I said that was the hope.
Posted on 11/16/23 at 2:02 pm to RazorBroncs
I really think HY is trying to handle this with as much preservation of dignity for Pittman as he can...and I respect that.
I like Sam, but I don't feel sorry for him. He is going to get filthy rich for not accomplishing the job he was paid to do. He did improve things and I'm not sure there is a coach out there that can accomplish the job give the current environment in college football.
Arkansas is used to being a competitive top 20 type program, but we no longer have even top 50 money to throw at kids...and we play in the league that sets the bar for that. Its the equivalent of an NFL team trying to be competitive with a salary cap that's about 40% of all the other teams. Ain't gonna happen.
I like Sam, but I don't feel sorry for him. He is going to get filthy rich for not accomplishing the job he was paid to do. He did improve things and I'm not sure there is a coach out there that can accomplish the job give the current environment in college football.
Arkansas is used to being a competitive top 20 type program, but we no longer have even top 50 money to throw at kids...and we play in the league that sets the bar for that. Its the equivalent of an NFL team trying to be competitive with a salary cap that's about 40% of all the other teams. Ain't gonna happen.
Posted on 11/16/23 at 2:21 pm to Rzrbackguy
I appreciate what Sam has done here but it doesn't take much coaching to do better than Chad Morris.
He didn't lose the confidence of his team like Chad did until this season.
He didn't lose the confidence of his team like Chad did until this season.
Posted on 11/16/23 at 2:26 pm to Rzrbackguy
quote:
I really think HY is trying to handle this with as much preservation of dignity for Pittman as he can...and I respect that.
I like Sam but end of the day it’s a business. Sam would be retarded to retire and take less than his buyout and if the AD wants a new coach then they better find the money. Nobody on this board would take less than they’re owed because they are a nice guy.
If I were Sam and Hunter or anyone approached me to retire and give up money I’d laugh at them and say, your move …
Posted on 11/16/23 at 2:30 pm to Jack Ruby
quote:
Sam is much much worse at home than he is on the road. In the last 2 games, he has scored 17 pts... Total, and one TD was with a backup in nuclear garbage time.
We've played four true home games so far. We've scored a total of nine touchdowns in RRS for 2023. One of those was pick six and one was a punt return. So seven offensive TDs in 16 quarters of play. Three were against a 1–9 G5 team, three were against 5–5 BYU, and another was in garbage time against 6–4 Auburn.
So, we have one TD against a team with a (barely) winning record at home this year, and it came in the fourth quarter while down 48–3. You almost can't embellish how horrible our offense has been. With a three-year starter at QB, under a coach who did literally nothing but o-line work for over 25 years.
Posted on 11/16/23 at 2:58 pm to Rzrbackguy
(no message)
This post was edited on 11/16/23 at 2:59 pm
Posted on 11/16/23 at 3:17 pm to dchog
What was written above is what is true concerning the 500,000 max out of the school's coffers. You can not use SEC Network/Conference funds to pay or buy out a coach. It must be raised thought donations via the foundation, or larger donors, etc.
With the stadium expansion that Long got us into, other salaries paid, and plans for BWA/etal... we are a bit cash strapped via the foundation at the moment. It is, what it is. Tyson would pay the buyout if Gus comes... Gus doesn't want to move back as a coach period...
What is left? I think it will happen at the end of the season regardless.
With the stadium expansion that Long got us into, other salaries paid, and plans for BWA/etal... we are a bit cash strapped via the foundation at the moment. It is, what it is. Tyson would pay the buyout if Gus comes... Gus doesn't want to move back as a coach period...
What is left? I think it will happen at the end of the season regardless.
Posted on 11/16/23 at 3:52 pm to Razorback Reverend
quote:
What is left? I think it will happen at the end of the season regardless.
I'm pretty certain it will as well. The "lack of money" problems that have been talked about in this thread are being overblown for sure. All in all, the health of the athletic department - as well as it's funding - is better than ever. There's never been a time when more money was brought in through the various ways and donations, and I have to imagine Yurachek knows those funds grow even larger when you have a winning product in the most profitable sport.
I can assure everyone here that the Arkansas athletic department is not strapped for cash.
Posted on 11/16/23 at 4:27 pm to RazorBroncs
Its well over 20 mil for buyouts once you account for the whole staff. Dan alone was 2 mil.
Hunts and Tysons are about the only big wigs who care about Arkansas sports anymore. The Walmart money ended when Bud died. Waltons only care about Art and Trannies now.
There is a reason why you dont find the foundation donor list in the media guide anymore.
We’ll fire him, go cheap and hire rhett
Hunts and Tysons are about the only big wigs who care about Arkansas sports anymore. The Walmart money ended when Bud died. Waltons only care about Art and Trannies now.
There is a reason why you dont find the foundation donor list in the media guide anymore.
We’ll fire him, go cheap and hire rhett
This post was edited on 11/16/23 at 4:50 pm
Posted on 11/16/23 at 5:36 pm to beebefootballfan
Isn't the new SEC TV contract $$ coming next year? And isn't going to be like $30M more influx into the program?
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