Coaching Search Thread

#352
#352
tenn84 said:
What part of my post do you find to be inaccurate? Let me ask you this...how much money do you think it would take to get Phil, Coach K, or both? Keep in mind that UT has a $1 billion + endowment to work with.
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28v6i36.jpg
 
#355
#355
Ok guys, I have been brainstorming and have come up with some alternative options if the Haslam money doesn't come through:

1) Our endowment is roughly $1 billion (it hit a high in 2007 and has fluctuated with the equity markets in recent years but should be back up near the $1 billion mark). About $200 million of this endowment is sitting in money market funds, which means that we are earning next to nothing with interest rates being at historic lows. If we want to improve our return on capital, we need to invest in something that produces a higher revenue stream....and that my friends is ATHLETICS!! Now my proposal is that we take the $200 million that is in money market funds, use it as collateral, and open a revolving credit facility with a consortium of banks. Now, keep in mind that we don't lose the money market investments, and the interest we pay on the revolver will be partially offset by our return on the collateral (which is still earning interest in the money market). The revolver will be for $200 million (fully collateralized); we then borrow off of this facility, and set up a new fund....we'll call it the "Phil Jackson Fund". Once we hire Phil (or Coach K or both), we will use the additional revenue stream from all the fan support and success we are having to pay down on the revolver. In addition, if we can get locked into a fixed rate on this facility, we can utilize the additional interest income off of the collateral to pay down on the debt as interest rates rise in coming years.
2) Get rid of all athletic programs other than football, basketball, women's basketball and baseball. These programs are nothing but cash burn and are financed through the money we make off of football and basketball (our only two programs w/ positive net income). We take the additional money from cutting these programs and offer it to Phil or Mike.
3) **Warning: this suggestion is a long-shot and highly risky, but I'm trying to encourage us to think outside of the box** We hire Charlie Sheen as our recruiting coordinator. If there is one thing we know about Charlie, it is that he is a Winner...he wins here, he wins there...its called bi-winning. Charlie could throw parties and invite the recruits over for a good time (only seniors would be allowed to come of course). The downside to this suggestion is that we would obviously be at risk for NCAA recruiting violations. However, the upside is huge...Charlie definitely knows how to throw a party!
 
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#356
#356
tenn84 said:
Ok guys, I have been brainstorming and have come up with some alternative options if the Haslam money doesn't come through:

1) Our endowment is roughly $1 billion (it hit a high in 2007 and has fluctuated with the equity markets in recent years but should be back up near the $1 billion mark). About $200 million of this endowment is sitting in money market funds, which means that we are earning next to nothing with interest rates being at historic lows. If we want to improve our return on capital, we need to invest in something that produces a higher revenue stream....and that my friends is ATHLETICS!! Now my proposal is that we take the $200 million that is in money market funds, use it as collateral, and open a revolving credit facility with a consortium of banks. Now, keep in mind that we don't lose the money market investments, and the interest we pay on the revolver will be partially offset by our return on the collateral (which is still earning interest in the money market). The revolver will be for $200 million (fully collateralized); we then borrow off of this facility, and set up a new fund....we'll call it the "Phil Jackson Fund". Once we hire Phil (or Coach K or both), we will use the additional revenue stream from all the fan support and success we are having to pay down on the revolver. In addition, if we can get locked into a fixed rate on this facility, we can utilize the additional interest income off of the collateral to pay down on the debt as interest rates rise in coming years.
2) Get rid of all athletic programs other than football, basketball, women's basketball and baseball. These programs are nothing but cash burn and are financed through the money we make off of football and basketball (our only two programs w/ positive net income). We take the additional money from cutting these programs and offer it to Phil or Mike.
3) **Warning: this suggestion is a long-shot and highly risky, but I'm trying to encourage us to think outside of the box** We hire Charlie Sheen as our recruiting coordinator. If there is one thing we know about Charlie, it is that he is a Winner...he wins here, he wins there...its called bi-winning. Charlie could throw parties and invite the recruits over for a good time (only seniors would be allowed to come of course). The downside to this suggestion is that we would obviously be at risk for NCAA recruiting violations. However, the upside is huge...Charlie definitely knows how to throw a party!
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this guy..
 
#357
#357
There's thinkin' outside the box, there's brainstormin', there's pure men of genius and there's LSD.
 
#358
#358
tenn84 said:
Ok guys, I have been brainstorming and have come up with some alternative options if the Haslam money doesn't come through:

1) Our endowment is roughly $1 billion (it hit a high in 2007 and has fluctuated with the equity markets in recent years but should be back up near the $1 billion mark). About $200 million of this endowment is sitting in money market funds, which means that we are earning next to nothing with interest rates being at historic lows. If we want to improve our return on capital, we need to invest in something that produces a higher revenue stream....and that my friends is ATHLETICS!! Now my proposal is that we take the $200 million that is in money market funds, use it as collateral, and open a revolving credit facility with a consortium of banks. Now, keep in mind that we don't lose the money market investments, and the interest we pay on the revolver will be partially offset by our return on the collateral (which is still earning interest in the money market). The revolver will be for $200 million (fully collateralized); we then borrow off of this facility, and set up a new fund....we'll call it the "Phil Jackson Fund". Once we hire Phil (or Coach K or both), we will use the additional revenue stream from all the fan support and success we are having to pay down on the revolver. In addition, if we can get locked into a fixed rate on this facility, we can utilize the additional interest income off of the collateral to pay down on the debt as interest rates rise in coming years.
2) Get rid of all athletic programs other than football, basketball, women's basketball and baseball. These programs are nothing but cash burn and are financed through the money we make off of football and basketball (our only two programs w/ positive net income). We take the additional money from cutting these programs and offer it to Phil or Mike.
3) **Warning: this suggestion is a long-shot and highly risky, but I'm trying to encourage us to think outside of the box** We hire Charlie Sheen as our recruiting coordinator. If there is one thing we know about Charlie, it is that he is a Winner...he wins here, he wins there...its called bi-winning. Charlie could throw parties and invite the recruits over for a good time (only seniors would be allowed to come of course). The downside to this suggestion is that we would obviously be at risk for NCAA recruiting violations. However, the upside is huge...Charlie definitely knows how to throw a party!
Click to expand...

We could then hire Shaquille O'Neal as an assistant coach. This should help us get our big man that we need down low. I mean what center wouldn't want to be taught by Shaq. Also, we could hire John Stockton as an assistant and this would help us get the top notch point guard we need so bad. Maybe we could get Dominique Wilkins to come as a volunteer assistant so that we can get a great forward to come play here.
 
#359
#359
volmaniac5674 said:
We could then hire Shaquille O'Neal as an assistant coach. This should help us get our big man that we need down low. I mean what center wouldn't want to be taught by Shaq. Also, we could hire John Stockton as an assistant and this would help us get the top notch point guard we need so bad. Maybe we could get Dominique Wilkins to come as a volunteer assistant so that we can get a great forward to come play here.
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It's good to see someone else thinking big here my friend! I mean I was a big proponent of hiring Bill Belichick after the whole Kiffin fiasco.

Who can honestly say that this picture doesn't get them excited??
 

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#360
#360
tenn84 said:
Ok guys, I have been brainstorming and have come up with some alternative options if the Haslam money doesn't come through:

1) Our endowment is roughly $1 billion (it hit a high in 2007 and has fluctuated with the equity markets in recent years but should be back up near the $1 billion mark). About $200 million of this endowment is sitting in money market funds, which means that we are earning next to nothing with interest rates being at historic lows. If we want to improve our return on capital, we need to invest in something that produces a higher revenue stream....and that my friends is ATHLETICS!! Now my proposal is that we take the $200 million that is in money market funds, use it as collateral, and open a revolving credit facility with a consortium of banks. Now, keep in mind that we don't lose the money market investments, and the interest we pay on the revolver will be partially offset by our return on the collateral (which is still earning interest in the money market). The revolver will be for $200 million (fully collateralized); we then borrow off of this facility, and set up a new fund....we'll call it the "Phil Jackson Fund". Once we hire Phil (or Coach K or both), we will use the additional revenue stream from all the fan support and success we are having to pay down on the revolver. In addition, if we can get locked into a fixed rate on this facility, we can utilize the additional interest income off of the collateral to pay down on the debt as interest rates rise in coming years.
2) Get rid of all athletic programs other than football, basketball, women's basketball and baseball. These programs are nothing but cash burn and are financed through the money we make off of football and basketball (our only two programs w/ positive net income). We take the additional money from cutting these programs and offer it to Phil or Mike.
3) **Warning: this suggestion is a long-shot and highly risky, but I'm trying to encourage us to think outside of the box** We hire Charlie Sheen as our recruiting coordinator. If there is one thing we know about Charlie, it is that he is a Winner...he wins here, he wins there...its called bi-winning. Charlie could throw parties and invite the recruits over for a good time (only seniors would be allowed to come of course). The downside to this suggestion is that we would obviously be at risk for NCAA recruiting violations. However, the upside is huge...Charlie definitely knows how to throw a party!
Click to expand...


Oh definitely, then right after that happens the NCAA makes a new rule for prep to pros to be allowed to come back and use their 4 years of eligibility. So we get Phil and Mike to recruit Kobe, Lebron, Howard, Garnett, and Stoudemire right? That's so reasonable isn't it? :birgits_giggle:
 
#361
#361
Our new recruiting coordinator only cares about one thing....Winning
 

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#362
#362
tenn84 said:
Ok guys, I have been brainstorming and have come up with some alternative options if the Haslam money doesn't come through:

1) Our endowment is roughly $1 billion (it hit a high in 2007 and has fluctuated with the equity markets in recent years but should be back up near the $1 billion mark). About $200 million of this endowment is sitting in money market funds, which means that we are earning next to nothing with interest rates being at historic lows. If we want to improve our return on capital, we need to invest in something that produces a higher revenue stream....and that my friends is ATHLETICS!! Now my proposal is that we take the $200 million that is in money market funds, use it as collateral, and open a revolving credit facility with a consortium of banks. Now, keep in mind that we don't lose the money market investments, and the interest we pay on the revolver will be partially offset by our return on the collateral (which is still earning interest in the money market). The revolver will be for $200 million (fully collateralized); we then borrow off of this facility, and set up a new fund....we'll call it the "Phil Jackson Fund". Once we hire Phil (or Coach K or both), we will use the additional revenue stream from all the fan support and success we are having to pay down on the revolver. In addition, if we can get locked into a fixed rate on this facility, we can utilize the additional interest income off of the collateral to pay down on the debt as interest rates rise in coming years.
2) Get rid of all athletic programs other than football, basketball, women's basketball and baseball. These programs are nothing but cash burn and are financed through the money we make off of football and basketball (our only two programs w/ positive net income). We take the additional money from cutting these programs and offer it to Phil or Mike.
3) **Warning: this suggestion is a long-shot and highly risky, but I'm trying to encourage us to think outside of the box** We hire Charlie Sheen as our recruiting coordinator. If there is one thing we know about Charlie, it is that he is a Winner...he wins here, he wins there...its called bi-winning. Charlie could throw parties and invite the recruits over for a good time (only seniors would be allowed to come of course). The downside to this suggestion is that we would obviously be at risk for NCAA recruiting violations. However, the upside is huge...Charlie definitely knows how to throw a party!
Click to expand...

Yeah getting rid of the other sports will take away our ability to be a Division 1-A competitor in football. You wanna be Division 1-AA program????
 
#367
#367
From Tony Basilio blog:

started yesterday's blog with the following warning. Please be careful what you read about the Tennessee opening. A booster or an underling calling somebody is not 'interest' from UT.

So, with this in mind here is who UT has identified as their top three choices. This is from a source very close to the search committee. These are listed in no particular order.

Anthony Grant
Shaka Smart
Chris Mooney

The first guy in tier two is Greg Marshall....

Lawrence Frank is not in it right now as far as high level consideration goes.

I was told last night that Tennessee LOVES Grant after seeing what he did this year at Alabama. And, I'm going to reiterate this point, Grant has let it be known that he's not thrilled with his situation at Alabama. And he'd be a great hire here. Now, Tennessee's going to have to wait to get to him as well as Smart & Mooney for a few days. Bama keeps winning in the NIT, Link
while VCU and Richmond are still alive in the NCAA Tourney.


Now, Am I saying that UT's next hoops coach comes from one of the four listed here? Absolutely NOT. Anything can happen. But, at this point in time, according to a well placed source close to the search committee, these are the top four UT has identified as worthy of serious vetting and interviews. If UT gets it's way and all goes well in the interview process, I believe one of those four guys will be the next head coach. Then again, we've learned in the past that anything can happen in matters such as these.

I don't know about you, but the names on this list make me feel better about where things are headed. I'm going to say this again, UT needs a college basketball coach, not an NBA head coach. Furthermore, UT needs someone who will call this job the BEST they've ever had. So, all the names above would fit this criteria. I feel better already. How about you?
 
#368
#368
Sorry, but after the whole Lovie Smith flying in thing, I just can't believe anything that Basilio says. OK, I never have believed him, but that was that absolute clincher.
 
#369
#369
Basilio is a joke. Hilarious that he starts his blog with a warning to be careful about what you read..... ha
 
#371
#371
Franks would be a terrible canidate for the Vols. His winning percentage isn't so hot.(.483).. His playoff percentage is (.474)... Thats a little down grating don't you think.. I want either Butler's coach Stephens, VCU coach Smarts, and Richmond's coach Mooney..
 
#372
#372
Frank Martin from KSU has very good percentage in his first few years at KSU and has KSU competing with Kansas... Why is his name not being brought up more by the fans. I understand why the University wouldn't talk about him since his team is still in tournament. He makes 1.2 million at KSU I think.
 
#373
#373
bleeding_orange said:
Franks would be a terrible canidate for the Vols. His winning percentage isn't so hot.(.483).. His playoff percentage is (.474)... Thats a little down grating don't you think.. I want either Butler's coach Stephens, VCU coach Smarts, and Richmond's coach Mooney..
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so you knock an NBA guy's record but are ok with a 2yr coach whose best finish is 4th in the conference? Interesting
 
#374
#374
rabidvolfan said:
Frank Martin from KSU has very good percentage in his first few years at KSU and has KSU competing with Kansas... Why is his name not being brought up more by the fans. I understand why the University wouldn't talk about him since his team is still in tournament. He makes 1.2 million at KSU I think.
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K-State was eliminated last week.
 
#375
#375
Basilio was way off on the Lovie Smith thing but he sounds like he knows what he's talking about this time. I would not be surprised (or disappointed) if he is right.
 
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