Unimane
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...has caused us to be in an exceptionally poor situation because we have done an execrable job hiring football coaches.
For those that don't know, Derek Dooley gets his last paycheck from UT here in December. Derek Dooley. He of the $5 million buyout ($104,000 per month). And that doesn't even include the money paid for other expenses of the Dooley Era, vaunted as it was. Here's an article on the numbers:Tennessee faces critical hire after firing Derek Dooley
Notice this part from the article:
Dooley's firing and the buyout that now kicks in only add to that financial burden. The numbers are staggering. Here's the breakdown of what Dooley has cost and will continue to cost UT for his three years of employment:
$5.7 million combined salaries over three years.
$5 million buyout for termination.
$500,000 amount UT paid to Louisiana Tech to buy out Dooley's previous contract.
$286,782 UT's payment to the IRS for withholding taxes on Dooley's contract with Louisiana Tech.
$50,000 bonus for making the 2010 Music City Bowl.
$100,000 payment for team's achieving satisfactory academic progress over two years.
That adds up to $11,636,782, or an average of $3,878,927.33 a year.
Think about it. Based on those numbers, Dooley is the sixth-highest paid college football coach in the nation this season. Only Nick Saban ($5.3 million), Mack Brown($5.25 million), Bob Stoops ($5.05 million), Les Miles ($4.15 million) and Urban Meyer($4 million) make more in compensation from their schools.
For those keeping score, the combined records of those five coaches this season is 46-7. Dooley's record is 4-7.
All told, UT paid $775,785.46 for each of Dooley's 15 victories over the last three seasons.
Meanwhile, our genius AD, decided, in possibly the grossest example of administration financial malfeasance in UT admin history, to extend Jones' contract last year a put a $10 million buyout in place because 9 wins out of 13 is some kind of Lombardi-esque accomplishment these days.
Now, though, we have a coach we don't want and doesn't want to be here. Yet, we can't afford the buyout and other schools aren't interested enough to fork over the considerable money to get him.
Again, it's the single stupidest thing I've ever seen done on the Hill in my over three decades as a UT fan and responsibility falls upon one person, Dave Hart. Thanks, and don't let the door hit you on the way out.
For those that don't know, Derek Dooley gets his last paycheck from UT here in December. Derek Dooley. He of the $5 million buyout ($104,000 per month). And that doesn't even include the money paid for other expenses of the Dooley Era, vaunted as it was. Here's an article on the numbers:Tennessee faces critical hire after firing Derek Dooley
Notice this part from the article:
Dooley's firing and the buyout that now kicks in only add to that financial burden. The numbers are staggering. Here's the breakdown of what Dooley has cost and will continue to cost UT for his three years of employment:
$5.7 million combined salaries over three years.
$5 million buyout for termination.
$500,000 amount UT paid to Louisiana Tech to buy out Dooley's previous contract.
$286,782 UT's payment to the IRS for withholding taxes on Dooley's contract with Louisiana Tech.
$50,000 bonus for making the 2010 Music City Bowl.
$100,000 payment for team's achieving satisfactory academic progress over two years.
That adds up to $11,636,782, or an average of $3,878,927.33 a year.
Think about it. Based on those numbers, Dooley is the sixth-highest paid college football coach in the nation this season. Only Nick Saban ($5.3 million), Mack Brown($5.25 million), Bob Stoops ($5.05 million), Les Miles ($4.15 million) and Urban Meyer($4 million) make more in compensation from their schools.
For those keeping score, the combined records of those five coaches this season is 46-7. Dooley's record is 4-7.
All told, UT paid $775,785.46 for each of Dooley's 15 victories over the last three seasons.
Meanwhile, our genius AD, decided, in possibly the grossest example of administration financial malfeasance in UT admin history, to extend Jones' contract last year a put a $10 million buyout in place because 9 wins out of 13 is some kind of Lombardi-esque accomplishment these days.
Now, though, we have a coach we don't want and doesn't want to be here. Yet, we can't afford the buyout and other schools aren't interested enough to fork over the considerable money to get him.
Again, it's the single stupidest thing I've ever seen done on the Hill in my over three decades as a UT fan and responsibility falls upon one person, Dave Hart. Thanks, and don't let the door hit you on the way out.
