ESPN Analyst Discusses Billy Napier's Status, Buyout Situation With Revenue Sharing Coming
by Staff Reporter
October 24, 20242 Comments
Matt Pendleton-Imagn Images
ESPN insider Peter Thamel was on the College GameDay Podcast this week and discussed Billy Napier's job status at Florida.
The Gators sit at 4-3 overall and have a tough final stretch to end the season with games against Georgia, Texas, Ole Miss, and LSU. The season finale will come against Florida State in Tallahassee.
Thamel said a key factor in Napier's situation is his $26 million buyout and what that looks like with a potential $20 million budget of revenue sharing coming. Per On3:
The Gators sit at 4-3 overall and have a tough final stretch to end the season with games against Georgia, Texas, Ole Miss, and LSU. The season finale will come against Florida State in Tallahassee.
Thamel said a key factor in Napier's situation is his $26 million buyout and what that looks like with a potential $20 million budget of revenue sharing coming. Per On3:
quote:
“I am a believer that there is a collectively, reasonably talented roster at Florida. Now, look, that final stretch is that final stretch. There’s no other way to say it. It was a five-game final stretch. The game in Tallahassee doesn’t look as intimidating now…there’s a path for Billy Napier. I believe the buyout number is something like $26 million. So, that is not insignificant.”
“One other macro point here is that all these schools making decisions, whether it’s SEC, AAC, Conference USA, it’s ‘I have to pay X as a buyout number and I also have to figure out how to pay, in the SEC, a $20 million budget of revenue sharing.’ There’s just not an unlimited pool of money for these schools and finding a line item for $20 extra million is — again, the money is there and nobody is playing the violin, but it’s still like $20 more million,” Thamel said.
“Florida is gonna figure out the money and it’s going to be fine. There is sort of a thought exercise of, ‘Okay, do we take $26 million and spend it on good players as opposed to spending it on dead weight coaches,’ because you’ve got some assistants on that staff. Sometimes staff buyouts are an additional $10 million. Florida, the way the contracts are written…it’s not a total poison pill on the staff. End of the day, these are still millions of dollars, they’re just not conjured with the snap of a finger.”
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