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re: Why is paying Jimbo $75 million a big deal?

Posted on 7/17/18 at 9:32 am to
Posted by ShaneTheLegLechler
Member since Dec 2011
60152 posts
Posted on 7/17/18 at 9:32 am to
quote:


No one is offended. We just think that is silly to pay a coach who is clearly not better than Saban, more than Saban.


Saban makes like 11m/year. If he coaches 10 more years he will clearly be making more according to basic math
Posted by Aggiehoss04
Arkansas
Member since Oct 2017
885 posts
Posted on 7/17/18 at 9:33 am to
Considering the salary inflation of the past decade, paying a coach 7.5 million in 2026 could be a bargain
Posted by rockiee
Sugar Land, TX
Member since Jan 2015
28540 posts
Posted on 7/17/18 at 9:34 am to
quote:

paying a coach 7.5 million in 2026 could be a bargain




If Jimbo is still there by 2026, you won't be just paying him 7.5 Million.
Posted by Woodreaux
OC California
Member since Jan 2008
2790 posts
Posted on 7/17/18 at 9:35 am to
Urban Meyer also fits that criteria.
This post was edited on 7/17/18 at 9:37 am
Posted by JayDeerTay84
Texas
Member since May 2013
9847 posts
Posted on 7/17/18 at 9:40 am to
quote:

Saban makes like 11m/year. If he coaches 10 more years he will clearly be making more according to basic math


Yea you are right. I thought they owed Sumlin more than they do ($10 Million it looks like).

So that makes it roughly $85 Million for Jimbo.
Posted by ShaneTheLegLechler
Member since Dec 2011
60152 posts
Posted on 7/17/18 at 9:42 am to
We were buying out Sumlin regardless of who we hired so not sure what the point is in tying his money to Fisher’s contract. They were two separate deals
Posted by lsufball19
Franklin, TN
Member since Sep 2008
64622 posts
Posted on 7/17/18 at 9:46 am to
quote:

Considering the salary inflation of the past decade, paying a coach 7.5 million in 2026 could be a bargain

When was the last time a successful coach rode out 8 years of a contract without a raise? As rockiee said, if Jimbo is still there in 8 years, he won't be making only 7.5MM
Posted by Irons Puppet
Birmingham
Member since Jun 2009
25901 posts
Posted on 7/17/18 at 9:48 am to
It is not a big deal for A&M, it would be for every other school in the SEC.
Posted by thunderbird1100
GSU Eagles fan
Member since Oct 2007
68321 posts
Posted on 7/17/18 at 9:48 am to
quote:

$75 million contract is not that big a deal....

$75 million guaranteed is a huge risk.


Bingo

What happens after 4 years of mediocrity? Cut him loose and pay him 45 million?

Good luck with that
Posted by rockiee
Sugar Land, TX
Member since Jan 2015
28540 posts
Posted on 7/17/18 at 9:50 am to
quote:


Good luck with that


They won't need luck, strangely enough, that wouldn't really be an issue for them. Definitely not ideal but they could afford it for sure.
Posted by agswin
The Republic of Texas
Member since Aug 2011
4343 posts
Posted on 7/17/18 at 10:07 am to
quote:

It is not a big deal for A&M, it would be for every other school in the SEC.




Perhaps that is the thinking of those in the Deep South or Southeast? Money is not a big deal here. If you want more, go earn it. You may lose it all but you have the opportunity earn it back. It is just the way we think. You can become rich then poor then rich again. It is no big deal.

Most of us have been shocked at the reaction of some. It is just money.
Posted by thunderbird1100
GSU Eagles fan
Member since Oct 2007
68321 posts
Posted on 7/17/18 at 10:18 am to
quote:

They won't need luck, strangely enough, that wouldn't really be an issue for them. Definitely not ideal but they could afford it for sure.



The good luck part meaning, good luck explaining away keeping a coach who hasn't performed because his buyout is way too hilarious or actually paying someone 37.5-45 million to not coach anymore for you.
Posted by Farmer1906
The Woodlands, TX
Member since Apr 2009
50404 posts
Posted on 7/17/18 at 10:18 am to
quote:

What happens after 4 years of mediocrity? Cut him loose and pay him 45 million?



Yes.

It's just 45 M. Its not like its 450 M.

Would you rather hire a good coach and try to win it all or settle on someone like O and know that you'll never win it all no matter what?
Posted by Pettifogger
Capitol Hill Autonomous Zone
Member since Feb 2012
79200 posts
Posted on 7/17/18 at 10:20 am to
Personally, I think it's a bad deal for A&M, as I don't think Jimbo is going to earn that $$$ and I don't think he's a splash enough hire to elevate A&M as a top tier program.

But, it's not a "big deal" because A&M has money and won't be particularly screwed if they have to buy that out after 4 years. Moreover, it's unlikely Jimbo is going to run that program into the ground or anything.
Posted by Farmer1906
The Woodlands, TX
Member since Apr 2009
50404 posts
Posted on 7/17/18 at 10:22 am to
It's not really a matter of winning a national title or flaming out in a few years. The most likely scenario is somewhere in the middle. Jimbo has averaged 10 wins a year as a HC so we'll probably win between 8 and 11 wins most years. Maybe mix in a clunker, but also mix in a top 3 finish too.
Posted by thunderbird1100
GSU Eagles fan
Member since Oct 2007
68321 posts
Posted on 7/17/18 at 10:24 am to
quote:

Yes.

It's just 45 M. Its not like its 450 M.



It's funny watching A&M fans act like this will be nothing if it comes down to it. It's easy to talk on the internet about money you dont know about, it's a helluva lot harder for the brass and donors to justify it when the time comes. Better hope it doesn't...

And as far as Fisher goes, he is not worth close to what you gave him, the guy was on the decline at FSU and ended last year with a losing record. I dont consider that money well spent. Say what you want about Coach O, but at least he went 6-2 in the conference his first season, and for dirt cheap by comparison
This post was edited on 7/17/18 at 10:27 am
Posted by Irons Puppet
Birmingham
Member since Jun 2009
25901 posts
Posted on 7/17/18 at 10:24 am to
Looking at the history of A&M tells you that the money is going to be spend regardless of Jimbo's success. If a coach fails, they pay him off. If he is successful they either pay him more or they get a new coach when other schools come calling. That is College Football today. The only difference between schools with big ADs is about =-15% in the long term.
Posted by Farmer1906
The Woodlands, TX
Member since Apr 2009
50404 posts
Posted on 7/17/18 at 10:25 am to
quote:

they get a new coach when other schools come calling.


I think that has happened once in the history of A&M. It was when bear left for Bama. Schools don't come to A&M and take coaches in football.
Posted by Pettifogger
Capitol Hill Autonomous Zone
Member since Feb 2012
79200 posts
Posted on 7/17/18 at 10:29 am to
quote:

It's not really a matter of winning a national title or flaming out in a few years. The most likely scenario is somewhere in the middle. Jimbo has averaged 10 wins a year as a HC so we'll probably win between 8 and 11 wins most years. Maybe mix in a clunker, but also mix in a top 3 finish too.



My point is that if Jimbo averages 8-9 wins at A&M, it wasn't a "win" hire in a vacuum. It's not a disaster obviously, but you probably could have gotten the same results for less. Or you could have gotten a less boring coach for the same amount of money and sold the program on a more national level while getting similar results.

The response may be "who cares if we overspent by 30m, averaging 8.5 wins is good for A&M," and I get that. But the question is why the deal raised an eyebrow, and it's completely understandable that outsiders would view that as overpaying.
Posted by Irons Puppet
Birmingham
Member since Jun 2009
25901 posts
Posted on 7/17/18 at 10:30 am to
quote:

I think that has happened once in the history of A&M. It was when bear left for Bama. Schools don't come to A&M and take coaches in football.




I am talking about College Football in general. Usually when another school comes calling, your program is experiencing success. Maybe it will be a problem in the future for A&M.
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