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re: Saban turned down $100M in order to stay at Bama
Posted on 7/16/14 at 3:27 pm to Pettifogger
Posted on 7/16/14 at 3:27 pm to Pettifogger
Now who exactly is being defensive there pardner?
1
Posted on 7/16/14 at 3:27 pm to lsufball19
quote:
Have a REALLY hard time believing anyone would turn down that kind of offer and just re-sign for a 6.9 million extension. The story is either complete bullshite and just a printed version of all the internet gossip or something happened that killed the deal that no one knows. I just have a hard time believing anyone would be able to turn down an offer twice as much as they were getting paid when they were already the highest paid coach in football. That deal would have made him the highest paid coach in the history of sports by a pretty significant margin. That signing bonus alone is more than most coaches entire contract
If you're as rich as Saban is, enormous bags of cash and staggeringly enormous bags of cash might not be as significant. Granted, I've known -- and still do know -- some very rich people who are always looking to get richer, but these are people who entered their professions solely for that purpose (or inherited it.) Saban seems to love coaching for coaching's sake, so the difference between extremely rich and twice-as-extremely rich isn't likely to be the factor that us peons, who are neither, might think.
Posted on 7/16/14 at 3:31 pm to Pettifogger
List the stars/legends UTA has produced then we'll compare it to Bama's list
This post was edited on 7/16/14 at 3:32 pm
Posted on 7/16/14 at 3:32 pm to S.E.C. Crazy
quote:
Saban loses a game he could have won with a FG kick from the 10 yard line, something smelled fishy there to me, it just didn't add up.
wow
Posted on 7/16/14 at 3:33 pm to Jagd Tiger
quote:
Saban in Austin would recruit well, real well, you know it and I know it
No doubt.
I bet he could reel in the #1 class at least 4 out of 5 years in a row.
Posted on 7/16/14 at 3:36 pm to sarc
Posted on 7/16/14 at 3:37 pm to randomways
quote:
If you're as rich as Saban is, enormous bags of cash and staggeringly enormous bags of cash might not be as significant. Granted, I've known -- and still do know -- some very rich people who are always looking to get richer, but these are people who entered their professions solely for that purpose (or inherited it.) Saban seems to love coaching for coaching's sake, so the difference between extremely rich and twice-as-extremely rich isn't likely to be the factor that us peons, who are neither, might think.
I don't doubt Saban loves what he does as much as any coach, but if you don't think money drives him, I don't know what to tell you. If money wasn't that important to him, he would still be the coach at Michigan State. Joe Paterno was a coach that wasn't concerned with money. His salary was just over a million a year upon his retirement. Saban has been one of the top 5 paid coaches in football since 2000.
This post was edited on 7/16/14 at 3:38 pm
Posted on 7/16/14 at 3:37 pm to JohnZeroQ
quote:
No one turns down $100mill
Yeah that number is made up. They couldn't get Saban, and since that make-believe contract will never be put on paper, it's time for Texas boosters to do what they do best- brag about how much money they have, exaggerated many times over, of course.
This post was edited on 7/16/14 at 3:40 pm
Posted on 7/16/14 at 3:39 pm to sarc
quote:If Texas is the grand poobah of all things then why the hell haven't they taken advantage of that and accomplished something in college football?
List the stars/legends UTA has produced then we'll compare it to Bama's list
If Austin is so damn great and they have a vault full of cash then WTF can't they hire a coach that can take control of that conference and get them to championships? If the state full of the best talent then why can't that talent compete for championships?
UT supposedly has the location, the money, the talent, the facilities and they have been nothing more than a blip on the national radar while the SEC has fricking ruled for the last decade.
Texas ain't all that or they would have put their money where their mouth is and brought in a winner to lead that program.
Posted on 7/16/14 at 3:40 pm to Old Hellen Yeller
quote:
Yeah that number is made up. They couldn't get Saban, and since that make believe contract will ever be put on paper, it's time for Texas boosters to do what they do best- brag about how much money they have, exaggerated many times over, of course.
most likely scenario to me as well. texas boosters want to make sure everyone knows how much money they have
Posted on 7/16/14 at 3:41 pm to lsufball19
quote:
most likely scenario to me as well. texas boosters want to make sure everyone knows how much money they have
Too bad money doesn't buy everything.
Posted on 7/16/14 at 3:42 pm to lsufball19
He really only gave up the difference anyway, not the full $100 million even if that number is real
Posted on 7/16/14 at 3:42 pm to lsufball19
quote:Maybe all that money will make 'em feel warm & fuzzy while they sit their asses at home watching other teams play for championships.
most likely scenario to me as well. texas boosters want to make sure everyone knows how much money they have
Posted on 7/16/14 at 3:46 pm to lsufball19
quote:
I don't doubt Saban loves what he does as much as any coach, but if you don't think money drives him, I don't know what to tell you. If money wasn't that important to him, he would still be the coach at Michigan State. Joe Paterno was a coach that wasn't concerned with money. His salary was just over a million a year upon his retirement. Saban has been one of the top 5 paid coaches in football since 2000.
I didn't say he doesn't like money. He clearly does. But making more money doesn't appear to be his primary motivation in how he approaches his profession. It seems clear that he truly loves coaching, and if he has a situation where he's comfortable and happy, there's no reason to suppose he's going to leave it for more money when he's already making cash hand-over-fist at his current job. As I said in another comment, if he's coaching at Vandy (for, say, $1.5 million a year) then taking that offer makes sense. If he's coaching at a school that's even more decorated than Texas, and doing it for $7 million+ a year, then it makes sense for him to consider all the other factors before racing headlong into that extra 3 million or so a year. Would you leave a job you love and earned $7 million a year for a similar job that you may hate for $10 million a year? Only you can answer that, but, for my part, I wouldn't, so I have no problem believing Saban wouldn't. I'd be rich as frick either way, so I'd take being happy too.
Posted on 7/16/14 at 3:47 pm to Buckeye06
quote:
He really only gave up the difference anyway, not the full $100 million even if that number is real
but that difference would have been double, especially when you add in the alleged 15 million signing bonus plus performance bonuses. Sabans current contract at Alabama has 8 remaining years for a total of around 55 million. 60 million left on the table is an absurd amount which is why i think the whole story is bullshite
This post was edited on 7/16/14 at 3:48 pm
Posted on 7/16/14 at 3:48 pm to Old Hellen Yeller
I don't think $10M/yr for 10 years is outside the realm of possibility considering Bama is paying him $6.9 and UTA is paying Strong (their likely 3rd or 4th choice) $5M
Posted on 7/16/14 at 3:48 pm to nc14
quote:
Now who exactly is being defensive there pardner?
???
Posted on 7/16/14 at 3:49 pm to Old Hellen Yeller
quote:
Yeah that number is made up. They couldn't get Saban, and since that make-believe contract will never be put on paper, it's time for Texas boosters to do what they do best- brag about how much money they have, exaggerated many times over, of course.
Now you're getting it.
Posted on 7/16/14 at 3:52 pm to sarc
quote:
I don't think $10M/yr for 10 years is outside the realm of possibility considering Bama is paying him $6.9 and UTA is paying Strong (their likely 3rd or 4th choice) $5M
with his alleged signing bonus, it's more like 11.5 million a year. With performance bonuses, which I would imagine be at least a half a million for a national title, that number grows even more. I just don't see anyone turning down an offer that effectively doubles your current salary. I'm sure Texas can afford it, but I just really doubt that they actually offered it and Saban turned it down. I think it's just Texas boosters trying to save face and maintain their enormous egos.
This post was edited on 7/16/14 at 3:53 pm
Posted on 7/16/14 at 3:57 pm to sarc
unless there is an actual "per year" value somewhere in the book... this makes it impossible to compare.
for all we know a large portion of that could be in stock options or land holdings or retirement
sounds like BS to me
If there was a real offer ... I'm sure it was somewhere close to what his new contract is... 6.9/year
for all we know a large portion of that could be in stock options or land holdings or retirement
sounds like BS to me
If there was a real offer ... I'm sure it was somewhere close to what his new contract is... 6.9/year
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