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$8 Mil to Muschamp and Co., $3 Mil to Col. State, $3.5 Mil for McElwain per year

Posted on 12/4/14 at 12:01 pm
Posted by ForeverGator
Elite 8 - 2020 Worst SECRant Poster
Member since Nov 2012
13005 posts
Posted on 12/4/14 at 12:01 pm
and a $2 mil payout to Colorado State for a future home game to be played sometime between 2017-2020. (Colorado State will also receive $2 mil from McElwain himself -- my god he wanted to come here badly).

That adds up to $23.5 mil over the next few years. I hope he's worth it Foley. Your gone if he doesn't pan out -- the boosters won't let him keep throwing money away like this.
This post was edited on 12/4/14 at 12:05 pm
Posted by cardboardboxer
Member since Apr 2012
34330 posts
Posted on 12/4/14 at 12:04 pm to
quote:

the boosters won't let keep throwing money away like this.


Lol, that is pretty cheap.

You are paying the guy under $5 million a year when you break it down. Texas paid more for Charlie last year.
Posted by joshnorris14
Florida
Member since Jan 2009
45194 posts
Posted on 12/4/14 at 12:06 pm to
We're only paying Muschamp $6.3M. And we would pay for that game anyways so it's not an added cost. And the $3M is spread over 6 years.

Foley will be here until he retires regardless
Posted by Jon Ham
Member since Jun 2011
28525 posts
Posted on 12/4/14 at 12:06 pm to
All of that and you guys MAY average 2 more wins/year than you had w/ Muschamp. Where you guys went wrong, obviously, was hiring Muschamp in the first place. Looking back, why would Florida ever hire anyone without HC experience? Foley is an idiot and he should incur the cost of his mistake.
This post was edited on 12/4/14 at 12:08 pm
Posted by allin2010
Auburn
Member since Aug 2011
18150 posts
Posted on 12/4/14 at 12:06 pm to
Would not include his current salary. But I think it is 6 to Boom, 5 to CSU, 2 for a game, plus some money to assistants that yall don't keep. 13 million is a lot to change coaches. It cost us 8 to get rid of Chiz and His assistants.
Posted by TTsTowel
RIP Bow9den/Coastie
Member since Feb 2010
91640 posts
Posted on 12/4/14 at 12:07 pm to
quote:

Your gone
OH, so he is this "gone" fellow I kept reading about on here last year.
Posted by bgator85
Sarasota
Member since Aug 2007
6021 posts
Posted on 12/4/14 at 12:07 pm to
It is really not that bad.The assistants will either get new jobs or stay at UF and we don't have to pay. The Muschamp buyout stings the most, but at least it is paid out over time as well.
Posted by inelishaitrust
Oxford, MS
Member since Jan 2008
26078 posts
Posted on 12/4/14 at 12:08 pm to
quote:

Colorado State will also receive $2 mil from McElwain himself -- my god he wanted to come here badly).


That's structured into his contract, dummy. Florida is just funneling the money through him.
Posted by SummerOfGeorge
Member since Jul 2013
102699 posts
Posted on 12/4/14 at 12:09 pm to
Thems Auburn numbers
Posted by ForeverGator
Elite 8 - 2020 Worst SECRant Poster
Member since Nov 2012
13005 posts
Posted on 12/4/14 at 12:17 pm to
quote:

We're only paying Muschamp $6.3M. And we would pay for that game anyways so it's not an added cost.


His assistants are an additional $2 mil though. We may retain some of them, but most will be out of here.

$2 mil for a game? We usually pay between 500k-750k for one.

Not to mention, Foley is batting .000 on football head coaching hires (Urban was brought in by Machen, not Foley). He may be a great AD for the other sports, but football is the cash cow, and without it, none of the sports could support themselves.
Posted by bgator85
Sarasota
Member since Aug 2007
6021 posts
Posted on 12/4/14 at 12:18 pm to
The assistants don't get buyouts if they get other jobs. It is only if they remain unemployed.
Posted by inelishaitrust
Oxford, MS
Member since Jan 2008
26078 posts
Posted on 12/4/14 at 12:24 pm to
quote:

$2 mil for a game? We usually pay between 500k-750k for one.


Buyout was 7.5 million. Foley did a pretty good job of making 7 mil look like it isn't that much money. They put 2 million into McElwain's contract, 2 million into a game and then spread it out over 6 years.
Posted by iglass
North Alabama
Member since Apr 2012
2917 posts
Posted on 12/4/14 at 12:27 pm to
quote:

allin2010

Would not include his current salary. But I think it is 6 to Boom, 5 to CSU, 2 for a game, plus some money to assistants that yall don't keep. 13 million is a lot to change coaches. It cost us 8 to get rid of Chiz and His assistants.


Why didn't you guys just put Chiz and his boys on the perpetual payout plan like so many other coaches at the Barn?
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