re: So is this where TAM's buyout money is coming from? Damn. SIAP

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Well you finally spoke the truth

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When did I lie?

Most people who make a bunch of money are smart with it. Paying someone $76M to not coach your team only to hire someone else who will perform exactly the same screams of stupidity. Definitely being paid by some stupid oil trust fund babies.

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Paying someone $76M to not coach your team

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He coached the team; he just didn’t meet expectations—an obvious risk.
I’d like to think he wouldn’t have been extended the contract he was, had the decision makers known he’d be less successful than expected.

It’s done.
Fisher will move on, as will Texas A&M.

EKG has nailed it. The initial payment will be paid by the Foundation, with later payouts intended to be paid by the athletic department. I would guess the Foundation may step in and pay some payments again.

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Paying someone $76M to not coach your team

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He did not meet expectations, but Aggies honor our contracts. So, we pay him to leave. You do not see us ginning up some bogus termination for cause as a justification for trying to stiff the man.

Prior poster is alluding to rumors & allegations surrounding Sharp's agency controlled distribution of relief funds & lack of disclosure. Sharp was a Democrat State Legislator prior to becoming Chancellor @ TAMU, and many have long held the belief he runs a "Biden Inc" like operation with tax payer funds.

IOW "We give you a bloated contract & you donate a portion to ________".


Nothing to see here though, as Aggies neither "lie, cheat or steal" according to their creed.

In this Sept. 14, 2017 photo, Commissioner John Sharp walks with Maj. Gen. John F. Nichols, right, following a briefing on Hurricane Harvey recovery efforts at the new FEMA Joint Field Office, in Austin, Texas. Sharp, the recovery czar over Texas' rebuild after Harvey, says his new job is "future-proofing" for the next disaster. How is Texas spending billions in federal aid in response to Harvey, among the costliest U.S. storms on record? State records do not distinguish storm-related expenses, making fund tracking and accountability all but impossible. Disaster recovery experts say the lack of transparency could hinder coordination, encourage fraud and squander an opportunity to not only rebuild, but mitigate the risks of the next monster storm. PHOTO BY ERIC GAY /AP

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We’re a conservative school, which means a large percentage of our graduates don’t seek degrees in low-paying fields (e.g., humanities and social sciences). Toss in oil and gas money, and paying a coach a behemoth salary will likely never be an issue.

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The issue isn't that you are poor.

The issue is that you embrace being morons.

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Large university = multiple donors; and Ags are cult-like when it comes to supporting both the university and the athletic department.

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Yeah. The product y'all are putting on the field that money will dry up quickly.

So, this better be right this time.

Cult or no cult.

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The question was from where the buyout money is coming.

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And you revealed a lot in the response I quoted which says nothing about where the money is coming from.

What a fricktarded retort regarding a truly mindbogglingly stupid contract.

"It doesn't matter because we are a trade school, are uninterested in teaching the humanities, and have lots of money."

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Last year’s 12th Man Foundation Centennial Campaign surpassed $120 million in one year alone.

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Let me offer an amazing new concept, which I'm sure is well beyond Ross Bjork's comprehension level, but using that money to buy players instead of coaches might get you a few more wins. I'm thinking Bo Nix or Jayden Daniels would have won a few more games than Jimbo Fisher.