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College coaches buyouts
Posted on 10/6/22 at 5:38 pm
Posted on 10/6/22 at 5:38 pm
Heard on ESPN radio this morning that since the start of the college playoff system, universities have paid a total of $500 million in coaches buyouts. Hell, LSU just paid Orgeron $17 million not to coach.
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Posted on 10/6/22 at 5:40 pm to Meatball
A&M's would be almost 1/6 of that.
Oof.
Oof.
Posted on 10/6/22 at 5:45 pm to Meatball
Damn, they should all run for congress.
Posted on 10/6/22 at 5:53 pm to Meatball
The 5 coaches who have been fired already this season + Harsin will receive less buyout money combined than Jimbo would.
You could fire Dabo and Saban and you'd pay less combined than Jimbo stands to get if he were fired.
You could fire Dabo and Saban and you'd pay less combined than Jimbo stands to get if he were fired.
Posted on 10/6/22 at 5:58 pm to SidewalkTiger
quote:
You could fire Dabo and Saban and you'd pay less combined than Jimbo stands to get if he were fired.
I just looked it up and that isn't true.
quote:
Should Clemson part ways with Swinney, the Clemson coach has a $64 million buyout in 2022 and 2023. It drops to $60 million in 2024 and 2025 and then $57 million in 2026. Starting in 2027 and running through the rest of the contract it will be the remaining total compensation (base + supplemental + licensing).
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Should that happen, Alabama would owe Saban the total of his base salary plus his talent fee for the next 48 months of his contract, or for the full remainder of the deal if he is fired closer to the end.
This post was edited on 10/6/22 at 6:01 pm
Posted on 10/6/22 at 6:09 pm to AggieArchitect04
I forgot they got new contracts but it's still pretty damn close 
Posted on 10/6/22 at 6:30 pm to SidewalkTiger
quote:
You could fire Dabo and Saban and you'd pay less combined than Jimbo stands to get if he were fired.
What is Kelly’s buyout?
Posted on 10/6/22 at 6:32 pm to 3down10
quote:
Damn, they should all run for congress.
Worked for Tubberville.
Posted on 10/6/22 at 6:33 pm to Meatball
At Tennessee we are professionals at paying worthless coaches millions of dollars to leave.
Posted on 10/6/22 at 6:48 pm to Colonel Ingus
quote:
What is Kelly’s buyout?
Hopefully, LSU will not have to worry about that.
Posted on 10/6/22 at 9:09 pm to Meatball
The money is there to cover these buyouts and more. These numbers are always stated with zero context. Go look at the P&L of the Athletic Departments paying out these “absurd” buy outs. It’s market dictated because programs are cash rich af
Posted on 10/6/22 at 9:24 pm to SavageOrangeJug
quote:
At Tennessee we are professionals at paying worthless coaches millions of dollars to leave.
Thought y’all was going to hold on to the Great Punkin the way Russia has Lenin.
Posted on 10/6/22 at 9:27 pm to CrabInMyShoeMouth
quote:
The money is there to cover these buyouts and more. These numbers are always stated with zero context. Go look at the P&L of the Athletic Departments paying out these “absurd” buy outs. It’s market dictated because programs are cash rich af
Your words are wasted here. You're 100% right, of course. But nobody here cares about facts or context.
Posted on 10/6/22 at 9:32 pm to CrabInMyShoeMouth
quote:
The money is there to cover these buyouts and more. These numbers are always stated with zero context. Go look at the P&L of the Athletic Departments paying out these “absurd” buy outs. It’s market dictated because programs are cash rich af
Most of the programs themselves don't pay the buyouts.
Posted on 10/6/22 at 9:57 pm to Krampus
Whatever makes you feel better about paying $100M for perpetual 8-4 seasons while you crow during the off-season pretending to be an elite program I guess
Posted on 10/6/22 at 10:07 pm to Colonel Ingus
quote:
What is Kelly’s buyout?
Not even jimbo was worried about a buyout 5 games into his first season w/aggies.
But you seem triggered old man.
Posted on 10/6/22 at 10:11 pm to SidewalkTiger
quote:
Most of the programs themselves don't pay the buyouts.
What did you say?
Posted on 10/6/22 at 10:22 pm to Meatball
When did these ridiculous buyout clauses start getting added to contracts? What agent first screwed some dumb AD in contract negotiations? Then all the rest of the dumb ADs fell in line. Obviously the salaries have drastically increased in the past 20 years so the buyout numbers increased as well, but did coaches in the 70s and 80s have these clauses that paid them their entire contract values if they sucked coaching and were asked to leave?
Posted on 10/6/22 at 10:25 pm to CrabInMyShoeMouth
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What did you say?
It's there for the reading.
Usually boosters are paying the bulk of salaries and buyouts through a foundation.
Most of the money generated through the football program is distributed throughout the rest of the athletic department and the school itself.
Posted on 10/6/22 at 10:39 pm to Meatball
Why does the “for cause” clause not include sucking on the field? What other job contract on the planet protects an employee who sucks at their job????
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