AD Financial Reality

[Rudy123]

Mike Hamilton sucks. We can all agree on that.

Hamilton adda boys:

(1) Fired Buzz
(2) Hired Pearl
(3) Fired Phil, because we demanded that he do so.
(4) Raised money for the school.
(5) Hired Martin.
(6) Fired DelMontico.

Hamilton screw ups:

(1) Gave Fulmer extension after 2007 S.E.C. Championship appearance.
(2) Ran his mouth about Pearl's future and in so doing, caused us to lose to Michigan in NCAA. NOt just a loss but a national t.v. 30 point loss.
(3) Bought out UNC game, only to play them in the Music City bowl in the same season
(4) Hired Kiffin and his Mafia coaching staff of his father, brother in law and Oregon.

 

[DERELICK_MY_VOLS]

Tennessee Volunteers athletic department posts $3.98 million deficit - ESPN

I think folks needs to read this.

The University is not in the position to land any big fish. When Kiffin left us 10 days before signing period, he left a strong negotiation position for whomever the Vols could find on such short notice.

I highly doubt that the University can afford to get rid of Dooley and replace him with a "big fish" coach. Not this year.

Everyone can continue to speculate, but its time to recognize, the AD is not in the position to make it rain.

30,000 empty seats X $45.00 a seat X 5 home games a season X 30,000 concessions not sold X 30,000 items of merchandise not sold at Neyland Stadium = Hart cannot afford to NOT fire Dooley

 

[VolNExile]

SIAP --It's the buy-outs that are killing us. Give the next guy a huge salary, and piddly-squat for a buy-out. It's all negotiable, folks.

 

[DjCrenshaw]

SIAP --It's the buy-outs that are killing us. Give the next guy a huge salary, and piddly-squat for a buy-out. It's all negotiable, folks.

The buyout was big because everyone was crying so hard over kiffin having such a rinky dink buyout. If we go grandslam I sure hope we have a way of making sure he stays as well. Atleast add one in on the 2 or 3 year that is going to keep them here if they are successful.

 

[DERELICK_MY_VOLS]

My daddy told me to never vote republican, life experience has taught me :no: that also. I live in a blue county in a red state and most people I know are smart enough not to vote repub. If there were no unions there would be no minimum wage or 40hr work week. Returning to the policies that brought this country to the brink of economic collapse is what is really STUPID.
You repubs have no argument. :no: :loco::crazy::whistling:

Leftist Socialist policies work oh so much better right? Freddie Mac and Fanny Mae were the heart of the economic collapse.....pure leftist give people mortgages that can't afford rent on a studio apartment because it ain't fair cry me a river blah, blah, blah is what got us in this mess.

God bless capitalism....Don't Tread On Me hippy with your Socialist agenda!

 

[Titan&Volfan4life]

I still think that with 7 Wins CDD will be here next season.

Tennessee just does NOT have the money to buyout CDD and his entire coaching staff.

FACT is that Haslam and his son are Republicans and they NEEDED a tax writeoff to keep barrak oDUMBa from getting a huge tax check from them so they bought a NFL football team which IS both a tax writeoff and a longterm investment.

They ARE also having to spend HUGE amounts of money to try and keep the sons political career going and Tennessee football is NOT going to come before the family interests.

Most other big boosters are also businessmen and are NOT making the kind of money they normally would because of this pathetic economy and ARE spending BIG money trying to get barrak oDUMBa out of office.

I could be wrong but I just don't see things lining up right this year for the boosters to come together and give AD Hart $20 Million to get rid of CDD after this season.

Things may change as the season goes along if we lose more games than expected but I think they want to give CSS a 2nd year to get the 3-4 D down right and for CDD to get his 3rd recruiting class on campus so his 1st recruiting class will then be juniors and evaluate more closely after next season.

The simple FACT is that if our D was good we would probably be undefeated or a 1 loss team at best and we would be in the top 15 or higher like we should be and then these threads and conversations wouldn't even be happening.

VFL...GBO!!!

 

[therealUT]

Running some numbers again. If you do not account for lost revenue (which is a huge omission), and you are thinking of the financial impact of letting Dooley go this year vs. next year, it makes financial sense to fire Dooley if your upper limit on the salary for the new coach is $3.6M/year. Anything over that, and it makes financial sense (again, not accounting for lost revenue) to hold on to Dooley for one more season. Coaches that are currently making more than $3.6M/year:
Saban
Brown
Stoops
Miles
Meyer
Ferentz
Richt
Kiffin
Chizik

$3.6M ought to be enough to get a proven coach; if you factor in the lost revenue, I'd imagine that we could easily go up to $4M if not $4.5M.

 

[Gramps]

Running some numbers again. If you do not account for lost revenue (which is a huge omission), and you are thinking of the financial impact of letting Dooley go this year vs. next year, it makes financial sense to fire Dooley if your upper limit on the salary for the new coach is $3.6M/year. Anything over that, and it makes financial sense (again, not accounting for lost revenue) to hold on to Dooley for one more season. Coaches that are currently making more than $3.6M/year:
Saban
Brown
Stoops
Miles
Meyer
Ferentz
Richt
Kiffin
Chizik

$3.6M ought to be enough to get a proven coach; if you factor in the lost revenue, I'd imagine that we could easily go up to $4M if not $4.5M.

There is a lot of talk about Jon Gruden.
Do you know what he is making for his television gig?


EDIT: Did a Google. 4.3 million
That is a sweet gig without headaches and pressure to have success in the strongest football conference in the NCAA.
If he leaves that job to coach the Vols, he has to LOVE coaching.

 

[Vols817]

Will be joining you without a second thought about it.

When they sell 40,000 season tickets next year that will be 15,000 more/less than this season. Those tickets are being sold to many people that donate well beyond the ticket price.

To keep it simple if they drop to the 80,000 average paid attendance number from around a low 90,000's average over all home games, then you are talking about $5,000,000 minimum loss of revenue just from tickets. Add in lost donations. More when you factor food, product, etc. sales. Even more when you figure many continuing season ticket holders will forego making donations because they will be begging people to buy tickets with a bad football program and a bad economy. In summary they have a $10,000,000+ annual long term problem on their hands. Consider that if Dools stays Bray, Hunter, and Patterson are likely to be gone.

It's that serious. No brainer in my mind as to what happens from here.

I like how you pretend you know inside the heads of Bray Patterson And Hunter.
By using normal non bat **** insane person logic, wouldn't ya think if there is a coaching change You would be more likely to lose guys to the nfl because they wouldn't want to learn a whole new scheme their senior years. Drrrrrrr

 

[VolsRule]

why did hamilton include a huge buyout in dooley's contract???? dooley had no leverage to demand anything like that.

 

[VegasBaby!]

The money is there for Hart to pull the trigger.
Posted via VolNation Mobile

Link?

 

[Gramps]

The money is there for Hart to pull the trigger.
Posted via VolNation Mobile

Yeah,money is no problem....

Many on here seem to believe that money does grow on trees.

 

[VegasBaby!]

Not to mention we won't be getting money from bowl games since we won't be making those either.

Very few teams make any significant net profit from direct money from a non-BCS bowl appearance, with many teams netting a loss after expenses. In the SEC, the Bowl money is made off of Conference revenue sharing. Like every SEC team, Tennessee gets an equal share, whether or not we appear in a bowl.

Its weird, but a school going to a non-BCS bowl can frequently net more money by staying home.

 

[VegasBaby!]

why did hamilton include a huge buyout in dooley's contract???? dooley had no leverage to demand anything like that.

Buyouts are an industry standard at the D1 level. Dooley's is actually somewhat average to below average, much like his salary.

 

[VegasBaby!]

There is a lot of talk about Jon Gruden.
Do you know what he is making for his television gig?


EDIT: Did a Google. 4.3 million
That is a sweet gig without headaches and pressure to have success in the strongest football conference in the NCAA.
If he leaves that job to coach the Vols, he has to LOVE coaching.

And, that's for a part time job. Equal to about $8.6 million full-time.

 

[petebee50]

So the university has been running a muli-million dollar deficit since Dooley was hired.
Solution-FIRE DOOLEY!:thumbsup:

Really? Thats the solution? If we hadn't been playing coach roulette the past few years we would have the revenue. But buyouts are expensive.In this economy alot of fans believe boosters will open their bank accounts just to win football games. I think too many people with no understanding of economics are leaking from the wrong end. And for those calling for boycotting games to force Harts hand,you are hurting the the institution you say you love so much. Or could it be winning football games is the only important thing, not our university. If so your in the wrong place. Go some place like bama, they have long tradition of winning,cheating is another of their traditions.

 

[petebee50]

SIAP --It's the buy-outs that are killing us. Give the next guy a huge salary, and piddly-squat for a buy-out. It's all negotiable, folks.

No "Big" coach is going to accept a contract without a buyout. Especially to a school with fans who call for the coaches job because of the speed of which the team improves.

 

[esarmstrong]

If the federal government can keep spending money they don't have then so can we

This comparison is so stupid and completely irrelevant to the question, words fail me. What is even further shocking is that there are 28 "likes" next to this silly statement. I guess I shouldn't be surprised.

 

[DC Vol]

There is a lot of talk about Jon Gruden.
Do you know what he is making for his television gig?


EDIT: Did a Google. 4.3 million
That is a sweet gig without headaches and pressure to have success in the strongest football conference in the NCAA.
If he leaves that job to coach the Vols, he has to LOVE coaching.

Gruden loves coaching. He has said on record he was still a bit sore from the way he was treated at TB. There were a litany of issues at TB from the owner to the GM.

There are quite a few quotes out there and it's obvious that Gruden loves coaching as well as understanding what UT is to college football... historically speaking.

 

[Chilmonty]

You gotta spend money to make money boys and girls!

AL, LSU, SC and now probably FL could be paying their respective coaches $8 mill/year and still be in the black.

Its a simple equation "Winning=$$$$"! :rock::rock:

 

[vols-1]

Dooley is the reason profits are down again! Time to wake up and smell the coffee folks.

 

[Jake]

I still think that with 7 Wins CDD will be here next season.

Tennessee just does NOT have the money to buyout CDD and his entire coaching staff.

FACT is that Haslam and his son are Republicans and they NEEDED a tax writeoff to keep barrak oDUMBa from getting a huge tax check from them so they bought a NFL football team which IS both a tax writeoff and a longterm investment.

They ARE also having to spend HUGE amounts of money to try and keep the sons political career going and Tennessee football is NOT going to come before the family interests.

Most other big boosters are also businessmen and are NOT making the kind of money they normally would because of this pathetic economy and ARE spending BIG money trying to get barrak oDUMBa out of office.

I could be wrong but I just don't see things lining up right this year for the boosters to come together and give AD Hart $20 Million to get rid of CDD after this season.

Things may change as the season goes along if we lose more games than expected but I think they want to give CSS a 2nd year to get the 3-4 D down right and for CDD to get his 3rd recruiting class on campus so his 1st recruiting class will then be juniors and evaluate more closely after next season.

The simple FACT is that if our D was good we would probably be undefeated or a 1 loss team at best and we would be in the top 15 or higher like we should be and then these threads and conversations wouldn't even be happening.

VFL...GBO!!!

With all due respect to your opinions, don't kid yourself man. There are boosters that will step up to this buy out...

Having said that, please explain what good Dooley's recruiting class is going to do for him next year? A 15-20 ranked recruiting class in this league...at best. The schedule is even more brutal next year, Hunter and Patterson are GONE, and the rest of the SEC is getting better as we speak (old news). The math doesn't add up and it's pretty much basic algebra. I have been prayin for Dooley all along...I WANTED HIM TO SUCCEED. He has lost this team. They don't even care anymore. It's over.

 

[Schnutz]

I don't know too much, but I can do 100K fans x face value. Assuming that is 65 per ticket, isn't that 6.5 million per game at a minimum??

Gruden would make his salary back and then some in two games.

Pony up the cash, wave bye bye to Dooley.

 

[LebanonVolunteer]

I still think that with 7 Wins CDD will be here next season.

Tennessee just does NOT have the money to buyout CDD and his entire coaching staff.

FACT is that Haslam and his son are Republicans and they NEEDED a tax writeoff to keep barrak oDUMBa from getting a huge tax check from them so they bought a NFL football team which IS both a tax writeoff and a longterm investment.

They ARE also having to spend HUGE amounts of money to try and keep the sons political career going and Tennessee football is NOT going to come before the family interests.

Most other big boosters are also businessmen and are NOT making the kind of money they normally would because of this pathetic economy and ARE spending BIG money trying to get barrak oDUMBa out of office.

I could be wrong but I just don't see things lining up right this year for the boosters to come together and give AD Hart $20 Million to get rid of CDD after this season.

Things may change as the season goes along if we lose more games than expected but I think they want to give CSS a 2nd year to get the 3-4 D down right and for CDD to get his 3rd recruiting class on campus so his 1st recruiting class will then be juniors and evaluate more closely after next season.

The simple FACT is that if our D was good we would probably be undefeated or a 1 loss team at best and we would be in the top 15 or higher like we should be and then these threads and conversations wouldn't even be happening.

VFL...GBO!!!

Ya gotta love these made up numbers. 20 million??

Where the hell has 20 million come from? The buyout is 5 million. It is paid out over time. The new coaches salary is paid out over time. A booster does not have to come up with anything unless Hart is looking for the 1st month owed to each guy. Revenue that the school would see off a big time hire would dwarf the cost of each coach per month until the buyout is paid off. 20 Million lol:

 

[DERELICK_MY_VOLS]

With all due respect to your opinions, don't kid yourself man. There are boosters that will step up to this buy out...

Having said that, please explain what good Dooley's recruiting class is going to do for him next year? A 15-20 ranked recruiting class in this league...at best. The schedule is even more brutal next year, Hunter and Patterson are GONE, and the rest of the SEC is getting better as we speak (old news). The math doesn't add up and it's pretty much basic algebra. I have been prayin for Dooley all along...I WANTED HIM TO SUCCEED. He has lost this team. They don't even care anymore. It's over.

You are trying to talk logical sense to a dude that refers to Florida as Floriduhhh gators and UGA as UGA....it won't sink in bro :no: