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ESPN: How much money is wasted on fired coaches? It just means more in the SEC.
Posted on 11/5/21 at 8:16 am
Posted on 11/5/21 at 8:16 am
quote:
According to an ESPN analysis of financial records of athletics departments at public universities, FBS programs spent more than $533.6 million in dead money in an 11-year period from Jan. 1, 2010, to Jan. 31, 2021. That's money those programs owed coaches in football and men's and women's basketball who were fired without cause with time left on their contracts. The severance payments were made over several years or, in a few cases, in one lump sum.
ESPN
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Posted on 11/5/21 at 8:20 am to paperwasp
quote:
Auburn
Posted on 11/5/21 at 8:24 am to paperwasp
Posted on 11/5/21 at 8:27 am to paperwasp
bUt tHe VoLs pAy eX-cOacHeS tHe MoSt!
This post was edited on 11/5/21 at 8:28 am
Posted on 11/5/21 at 8:28 am to Hayt
Posted on 11/5/21 at 8:29 am to paperwasp
It took some time but AU finally got to #1
Posted on 11/5/21 at 8:30 am to paperwasp
I’m amazed at how proud Auburn is of this.
Posted on 11/5/21 at 8:30 am to paperwasp
I still can't believe LSU payed O 8 MM a year AND gave him a buyout. Nobody wanted O. They could have decreased his salary after 2019.
Posted on 11/5/21 at 8:38 am to paperwasp
Arkansas completely screwed Auburn financially when we flirted with Gus.
Posted on 11/5/21 at 8:42 am to PorkSammich
quote:
Arkansas completely screwed Auburn financially when we flirted with Gus.
Yep, and it wouldn't be the first time... if that even really happened. Never know with Sexton.
Posted on 11/5/21 at 8:45 am to skrayper
quote:
I’m amazed at how proud Auburn is of this.
Nobody is really proud of this. It really kind of pisses me off because I'm trying to cobble together $50k to send my senior to Auburn next year.
Posted on 11/5/21 at 8:47 am to Hayt
quote:I say it never happened and Sexton set up his smoke screens with Gus playing along and proceeded to bend Auburn over a barrel with a ridiculous one sided contract extension. Prez Leath was gullible enough to get the damn thing inked.
Yep, and it wouldn't be the first time... if that even really happened. Never know with Sexton.
This post was edited on 11/5/21 at 8:58 am
Posted on 11/5/21 at 8:48 am to paperwasp
Meh… Auburn isn’t generally frivolous. Gus got a ridiculous contract, negotiated by a President that has since been run out of town.
Posted on 11/5/21 at 8:52 am to Hayt
quote:
I'm trying to cobble together $50k to send my senior to Auburn next year
I feel you baw.
It is just absurd how ridiculously exorbitant higher-education costs have become.
And to add insult to injury, with the way current culture is trending, at some point when everyone has a college degree, no one has a college degree,
Posted on 11/5/21 at 8:58 am to RoscoeSanCarlos
quote:Ran out of town indeed, and with $2mill in hush money.
Meh… Auburn isn’t generally frivolous. Gus got a ridiculous contract, negotiated by a President that has since been run out of town.
Posted on 11/5/21 at 9:10 am to skrayper
quote:
I’m amazed at how proud Auburn is of this.
Well they seem to play their best in a new coach's first year, so it's a bit of a requirement.
Posted on 11/5/21 at 9:13 am to paperwasp
We're #1, We're #1!
Posted on 11/5/21 at 9:14 am to ducktale
quote:
Well they seem to play their best in a new coach's first year, so it's a bit of a requirement.
True for Bowden and Gus. Took Chizik until his 2nd year and took Tubs about 5 years.
Posted on 11/5/21 at 9:18 am to paperwasp
There really needs to be a cap on these buyouts especially when most of these coaches go on and continue to work in the profession
And when you did get another job, most of that buyout should go away
And when you did get another job, most of that buyout should go away
Posted on 11/5/21 at 9:21 am to paperwasp
Before the Gus Bus payout and going back to 2009 with Tommy Tuberville and then Gene Chizik the barners were second only to Nebraska in coaches payouts in a 15 year period.
A total of $21.4 million has been paid to former Auburn football coaches, including assistant coaches, in buyouts since 2009 and before Gus.
Between the new contracts handed out and the buyouts owed to Gus Malzahn and his former staff, is running the program approximately $73,275,000 total (when accounting for the duration of the new deals with Harsin's staff)
What a wild and expensive decade this has been.
A total of $21.4 million has been paid to former Auburn football coaches, including assistant coaches, in buyouts since 2009 and before Gus.
Between the new contracts handed out and the buyouts owed to Gus Malzahn and his former staff, is running the program approximately $73,275,000 total (when accounting for the duration of the new deals with Harsin's staff)
What a wild and expensive decade this has been.
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