Pruitt’s Contract and Buyout details

#26
#26
Envolronment said:
I agree completely. The University athletic department and the donors surely realize how much apathy there is around the program right now. It's harder to judge because they're at 25% capacity in the stands, but they realize that ticket sales were dropping at the end of Pruitt's first year. The loss of Revenue to a department that is used to making a hundred and sixty million dollars a year is definitely going to overshadow the payout over 5 years of 12.5 million dollars. You see, we're going backwards and there's nothing that is indicating that Pruitt has any answers to quarterback development or improvement at any player position since he still is relying heavily on old Butch Jones recruits like Palmer, Brandon Johnson, Trey Smith and Jarrett Guarantano. Eric gray is the one performing player that he has recruited that is consistently out there helping us in games. UT needs to shoot this horse now.
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If they do, they apparently couldn't care less. I wouldn't count on it though...
 
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#27
#27
BeardedVol said:
Pruitt gets 60% of his remaining contract, with no mitigation clause. His current contract runs to February of 2026, and starting next season his salary is $4.2 million a year.
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Contracts need to be restructured with lower base salaries and much higher incentives for performance. If base salaries ranged in the $1M - 1.5M range, but incentives were $2M-$5M based on performance then coaches could earn more when they performed AND they would earn less when they failed. Additionally, buyouts would be large, but no so absurd. Anyone think we'd be debating on whether losing to Vandy was a fireable offense if we only owed Pruitt $5M - 7.5M?
 
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#29
#29
tabrams said:
So here is an estimate...
Fire before next season - 12.6 million
Fire in/ after 2021 season - 10 million
Fire in/ after 2022 season - 7.5 million
Fire in/ after 2023 season - 5 million
Fire in/ after 2024 season - 2.5 million
Fire in/ after 2025 - minimal cost

So it appears that Fulmer/ UTAD have tied themselves to Pruitt for the next 2-3 years minimum....

So to me it’s all about the recruits and the assistant coaches...Pruitt needs to get his staff corrected to a championship level in the offseason and continue recruiting at a high level...

If he’s able to do this then results will start to show up in 1-2 more years.
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HOPEFULLY!
 
#30
#30
tabrams said:
So here is an estimate...
Fire before next season - 12.6 million
Fire in/ after 2021 season - 10 million
Fire in/ after 2022 season - 7.5 million
Fire in/ after 2023 season - 5 million
Fire in/ after 2024 season - 2.5 million
Fire in/ after 2025 - minimal cost

So it appears that Fulmer/ UTAD have tied themselves to Pruitt for the next 2-3 years minimum....
.
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Covid gets Pruitt year 4 and maybe year 5 depending on the AD finances post Covid.

In what world do we ask boosters to commit to financing a 25 million dollar package to fire Pruitt and hire another coaching staff that may or may not work out, but not have them commit to making up the 40-50 million dollar budget shortfall in the AD.

Asking for 25 million to cut the shortfall in half is definite fix.

Asking for 25 million to fire Pruitt and hire another staff without guarantee we will be okay and not down the road doing another search.
 
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#31
#31
FlyFishnVol said:
Here we go............He is not going anywhere, he is IN his 3rd Year, there is no way they are letting him go considering the fricken mess he inherited, and if you don't like some of his coaching decisions.........well, there several coaches WITH HC experience looking for new jobs........so, sit back and watch the show.
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I suspect that is probably the line of thinking....he inherited a mess, it takes time, COVID, etc etc etc...

However, GSU, BYU, and the complete cluster**** this year should throw those reasons to the wayside. It's clear this guy can't and won't get it done. Add in you have a guy on the outside looking at us drooling that has beat Saban twice and Smart once and people are rightfully anxious.

Meanwhile on top of all that the fanbase will be watching while Florida drops a 50-spot on us and we are told nothing can be done about it.

We are further behind FLA, Bama, and UGA and now it seems we have been passed by KY and an ARK team that was winless last year in conference. We are going backwards and picking up speed.

This needs to change. It just does.
 
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#32
#32
JMSqb11 said:
Covid gets Pruitt year 4 and maybe year 5 depending on the AD finances post Covid.

In what world do we ask boosters to commit to financing a 25 million dollar package to fire Pruitt and hire another coaching staff that may or may not work out, but not have them commit to making up the 40-50 million dollar budget shortfall in the AD.

Asking for 25 million to cut the shortfall in half is definite fix.

Asking for 25 million to fire Pruitt and hire another staff without guarantee we will be okay and not down the road doing another search.
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Covid did no such thing. Pruitt is getting year 4, and most likely at least a portion of year 5 because Fulmer moronically extended his 6-year contract to 8 years before he'd even coached his 3rd season, tacking on $5 million onto his buyout.
 
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#33
#33
Glocker_Alum_2005 said:
He did same thing with Holly, extended her, then had to can her the next year. All the insiders in here say Pruitts safe, regardless. But that is right now. We lose by 40 to A&M and FL, coupled with a narrow win vs Vandy, or a loss, it might be too much.
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I am in favor of just canceling out the remainder of the season. (for UT) School is closed!! Just stop this weak attempt that is all about TV playoff revenue. Bowls will be a farce. I think we could just about name the playoff teams. (NCAA may expand so they can get Ohio St. and a few others in, more money for them) As for SEC, send Fla. into the jaws of Bama. Get this over with. (Damn, Vandy had a girl kicker, who was there to kick field goals, not, so she kicked off (assume second half) and turned and ran for the sideline (as she should have) but into the record books. About all this season has had to offer..... Now, on to round ball!! If our men ever play, (some teams have played 3-4 games already) across the country these teams don't seem to be effected by the lack of fans like football and announcers who sound like they had rather be somewhere else.
 
#34
#34
tabrams said:
So here is an estimate...
Fire before next season - 12.6 million
Fire in/ after 2021 season - 10 million
Fire in/ after 2022 season - 7.5 million
Fire in/ after 2023 season - 5 million
Fire in/ after 2024 season - 2.5 million
Fire in/ after 2025 - minimal cost

So it appears that Fulmer/ UTAD have tied themselves to Pruitt for the next 2-3 years minimum....

So to me it’s all about the recruits and the assistant coaches...Pruitt needs to get his staff corrected to a championship level in the offseason and continue recruiting at a high level...

If he’s able to do this then results will start to show up in 1-2 more years.
Click to expand...

so the biggest question is, at what point does keeping him cost more than replacing him
 
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#36
#36
dcibrando said:
so the biggest question is, at what point does keeping him cost more than replacing him
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I've almost gotten to the point of keep him because with the current administration, they will most certainly replace JP with a JP 2.0. I guess if you want to get technical, it would really be a Dooley 5.0, 4.5 if you want to partially remove the Kiffin year.
 
#37
#37
tabrams said:
So here is an estimate...
Fire before next season - 12.6 million
Fire in/ after 2021 season - 10 million
Fire in/ after 2022 season - 7.5 million
Fire in/ after 2023 season - 5 million
Fire in/ after 2024 season - 2.5 million
Fire in/ after 2025 - minimal cost

So it appears that Fulmer/ UTAD have tied themselves to Pruitt for the next 2-3 years minimum....

So to me it’s all about the recruits and the assistant coaches...Pruitt needs to get his staff corrected to a championship level in the offseason and continue recruiting at a high level...

If he’s able to do this then results will start to show up in 1-2 more years.
Click to expand...

If Fulmer were a competent AD, and hadn't extended Pruitt or given him a raise, his buyout would have looked like this:

Fire before next season - 6.84 million
Fire in/ after 2021 season - 4.56 million
Fire in/ after 2022 season - 2.28 million

Ultimately, Fulmer is responsible for the decline of UT football from this point forward as long as he is the AD.
 
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#38
#38
With Pruitt as coach next year what losses will there be in terms of revenue from UT supporters and ticket holders. What will Fulmer do with number of season ticket holders drastically reduced and donations drastically reduced. This total will greatly surpass the buyout issue !!!
 
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#39
#39
Volsfaninva917 said:
Tennessee hasn't paid Butch anything in a while, at least it hasn't come out of pocket in a while. That buyout money is put into a separate account not long after a coach is let go and payments are distributed by an attorney.
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I guarantee that regardless of it being in an escrow account, it is still a line item in the operating budget. The admin is not going to approve a budget that has the AD paying off two former coaches at the same time.
 
#40
#40
BeardedVol said:
I guarantee that regardless of it being in an escrow account, it is still a line item in the operating budget. The admin is not going to approve a budget that has the AD paying off two former coaches at the same time.
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Probably true.

I wonder if UT could file suit against Jones for not finding comparable employment? That language was in his contract that he had to seek comparable employment which he's obviously yet to do with his 35K a year salary
 
#41
#41
Volsfaninva917 said:
Probably true.

I wonder if UT could file suit against Jones for not finding comparable employment? That language was in his contract that he had to seek comparable employment which he's obviously yet to do with his 35K a year salary
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They probably could have after he elected to stay at Alabama after his first stint as intern, given that Saban is on record saying the Butch had coaching options, and chose to stay at Alabama.

That, window of opportunity has closed now, and he's only got 2 more paychecks coming from UT, and filing a lawsuit at this point, would be more expensive that the ~$400,000 we have left to pay Butch.
 
#42
#42
How long will the apologists keep using the 'inherited a mess' excuse? At a certain point, say YEAR 3, that excuse is completely invalid.
 
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#43
#43
BeardedVol said:
They probably could have after he elected to stay at Alabama after his first stint as intern, given that Saban is on record saying the Butch had coaching options, and chose to stay at Alabama.

That, window of opportunity has closed now, and he's only got 2 more paychecks coming from UT, and filing a lawsuit at this point, would be more expensive that the ~$400,000 we have left to pay Butch.
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Didn't Arkansas pretty much tell Belima to F off?
 
#44
#44
vol9799 said:
Contracts need to be restructured with lower base salaries and much higher incentives for performance. If base salaries ranged in the $1M - 1.5M range, but incentives were $2M-$5M based on performance then coaches could earn more when they performed AND they would earn less when they failed. Additionally, buyouts would be large, but no so absurd. Anyone think we'd be debating on whether losing to Vandy was a fireable offense if we only owed Pruitt $5M - 7.5M?
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It takes two to tango. Universities can and probably do propose contracts like that, but they get rejected by the coaches. The coaches have all the leverage in these negotiations because demand is super high, the supply of coaches is relatively small, and the financial rewards of having a good football program are immense.

No great coach is going to agree to a contract that only pays them big money if they win a bunch of games. Too much uncertainty, and turnover in their profession is astronomically high.
 
#45
#45
The Original Fade said:
All it takes is one mega booster who’s had enough
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I think the mega boosters are just about apathetic as the fan base is now with the stupid decisions made by the AD and that administration. If I were them I would let the bunch rot on the vine over there.
 
#46
#46
I give CJP and Chaney 2021 with 8-4 record and 2022 9-2 or out. I support hiring a $6m+ proven SEC or equal P5 HC that can recruit and stay out of trouble. No more Hail Marys or cheap projects. A loss to Vandy and I might call the bus this year. I like what I see in HB. Done with JG.
 
#47
#47
Volsfaninva917 said:
Didn't Arkansas pretty much tell Belima to F off?
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Yeah, but they stopped paying him, finding him in breach of his contract, and forced him to file suit, then they countersued.

Bielema also managed to find an actual coaching job quite quickly with the Giants after Arkansas cried foul.
 
#49
#49
FlyFishnVol said:
Here we go............He is not going anywhere, he is IN his 3rd Year, there is no way they are letting him go considering the fricken mess he inherited, and if you don't like some of his coaching decisions.........well, there several coaches WITH HC experience looking for new jobs........so, sit back and watch the show.
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My approach to all of this is I am not going to waste my time on this program any more. Just let me know when you get it fixed.
 
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#50
#50
Cartervol said:
I think the fans care more anymore than the people making the decisions. That's a problem, has been a problem and will be a problem into the future.
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this... 100%

if TN wants to be relevant again in football, we need a "proven" head coach... not a "let's hope this person figures it out and we don't have to pay them as much"
 
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