Where We Are Now: a Gruden Thread Production (narrated by Morgan Freeman, or your celebrity voice of choice). FYI, tl;dr. 😉
After watching a historic ass whooping by UGA, UT administration and UT private boosters and power players meet and unite in general principle behind the common goal of terminating Butch and hiring a proven winner as head coach. There are some differing opinions as to some of the names on the list, but Jon Gruden emerges as the first choice who is acceptable to all, even if some still have caveats. Those caveats are not insurmountable.
The AD starts due diligence vetting on Gruden and others during the bye week. The vetting is an ongoing process that will continue until a new coach puts pen to paper.
During the week prior to SC, back channels float the ADs interest to Gruden himself. Gruden had a previously scheduled trip arranged for Knoxville that weekend, and both sides take the opportunity to "bump" into each other several times, with various intermediaries, and ultimately the AD and Gruden. The "bumps" convey the ADs level of commitment to going forward. A detailed offer is not made, but Gruden is given the broad strokes. Gruden responds that he would be interested in receiving a detailed offer and would give it serious consideration.
The parties part ways, each promising to work up their own side of a proposal. For Gruden this means deciding his own salary requirements, as well as a detailed list of his desired staffing budget and personnel, as well as the extent of whatever program control he may desire. For the AD, it means putting the lawyers to work drafting most likely a MOU hat would be the basis for a formal contract. These activities take time for both sides.
In the meantime, Butch Jones comes to the realization that his resume is more tarnished than he was previously willing to accept. He is also starting a potentially epic Bama beat down in the face. He wants his money, but he also wants out of Knoxville with as much of a coaching reputation as he can salvage for future job interviews. He begins negotiating with the AD over whether there is a way he can escape Knoxville.
The AD releases to several media outlets (247, VQ, Hyams, Pete Thamel) that he "really would prefer not to have to fire Butch this season." This translates as "I'm going to fire you this season, work with me on the buyout."
So, Butch and AD are negotiating with each other, AD is working on a proposal for Gruden AND still vetting other names, and Gruden is working on his side of the deal to present back to AD. And everyone is also doing their normal day jobs on top of this, which includes MNF, running a University athletic department, and coaching a football team.
Lots of moving parts. Lotta ins, lotta outs, lotta what-have-yous. It's going to take time and nothing is imminent at the moment. Be excellent to each other, keep calm, Grude on, and soon!