Financing The Buyout

#1
etvolsfan

etvolsfan

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#1
I hope the University does not make any excuses about firing CPF or not fire him because of supposed financial reasons.

It would be very easy to finance the buyout.

The buyout is around $5 Million and it is payable over 48 months.

This is very simple.

Increase ticket prices to home games by $2 per ticket.

$2*106,000*7(Number of Home Games)=$1.484 Million Dollars

Now Multiply that times 4 years, which is the span of the buyout and that equals $5.9 Million.

Problem Solved.
 
#2
#2
No! The fans should not have to pay for the buyout. It's bad enough that the fans had to pay for the raise, that oddly enough, most of them did not agree with. The University and Donors who dished out this contract should eat the buyout without passing it on to the average fan.

Although I'd say the average fan would be willing to pay an extra 2 bucks to get rid of Fulmer. It's just the principle of it. This is not the average fan's mess.
 
#4
#4
It will ultimatley be passed off on the fans one way or the other anyhow. its a business and thats what they do.
If it meant getting back to being competitive again .. I would be willing to pay a lot more than $2.
 
#5
#5
At what point is Hamilton also on the hotseat?

He doesn't look good needing to raise money for Fulmer's buyout, less than 12 months after raising money for Fulmer's contract extension.
 
#6
#6
Jaytrain5 said:
At what point is Hamilton also on the hotseat?

He doesn't look good needing to raise money for Fulmer's buyout, less than 12 months after raising money for Fulmer's contract extension.
Click to expand...

Thats a good question. You would think at some point he would do a fulmer and throw him under the bus to save his own job.
 
#8
#8
etvolsfan said:
I hope the University does not make any excuses about firing CPF or not fire him because of supposed financial reasons.

It would be very easy to finance the buyout.

The buyout is around $5 Million and it is payable over 48 months.

This is very simple.

Increase ticket prices to home games by $2 per ticket.

$2*106,000*7(Number of Home Games)=$1.484 Million Dollars

Now Multiply that times 4 years, which is the span of the buyout and that equals $5.9 Million.

Problem Solved.
Click to expand...

Well that settles it. No more excuses for Hamilton.

End thread...
 
#9
#9
I've got a better idea.......sell beer in Neyland. This would solve 2 problems.

1. Pay the buyout.

2. Fans could get so drunk during the game that no one cares if we lose.
 
#14
#14
etvolsfan said:
I hope the University does not make any excuses about firing CPF or not fire him because of supposed financial reasons.

It would be very easy to finance the buyout.

The buyout is around $5 Million and it is payable over 48 months.

This is very simple.

Increase ticket prices to home games by $2 per ticket.

$2*106,000*7(Number of Home Games)=$1.484 Million Dollars

Now Multiply that times 4 years, which is the span of the buyout and that equals $5.9 Million.

Problem Solved.
Click to expand...

now that the stadium seating got decreased, were rarely going to have 106,000 people at any games
 
#15
#15
How about the ex-players who took out that full page advertisement last year and helped subject us to 1 more year of this agony, pay the buyout.
 
#17
#17
etvolsfan said:
I hope the University does not make any excuses about firing CPF or not fire him because of supposed financial reasons.

It would be very easy to finance the buyout.

The buyout is around $5 Million and it is payable over 48 months.

This is very simple.

Increase ticket prices to home games by $2 per ticket.

$2*106,000*7(Number of Home Games)=$1.484 Million Dollars

Now Multiply that times 4 years, which is the span of the buyout and that equals $5.9 Million.

Problem Solved.
Click to expand...
Neyland Stadium does not hold 106,000 anymore
and plus the Bosters associated w/ the college will come up w/ the money very fast
 
#18
#18
etvolsfan said:
I hope the University does not make any excuses about firing CPF or not fire him because of supposed financial reasons.

It would be very easy to finance the buyout.

The buyout is around $5 Million and it is payable over 48 months.

This is very simple.

Increase ticket prices to home games by $2 per ticket.

$2*106,000*7(Number of Home Games)=$1.484 Million Dollars

Now Multiply that times 4 years, which is the span of the buyout and that equals $5.9 Million.

Problem Solved.
Click to expand...
The boosters signed him to this contract, they should be held responsible for it. Not the fans
 
#19
#19
etvolsfan said:
I hope the University does not make any excuses about firing CPF or not fire him because of supposed financial reasons.

It would be very easy to finance the buyout.

The buyout is around $5 Million and it is payable over 48 months.

This is very simple.

Increase ticket prices to home games by $2 per ticket.

$2*106,000*7(Number of Home Games)=$1.484 Million Dollars

Now Multiply that times 4 years, which is the span of the buyout and that equals $5.9 Million.

Problem Solved.
Click to expand...

Pilot Corp…………….....$3M
Check Into Cash……..$1.5M
Thunder Enterprises…$1M

Now the problem is solved…
 
#22
#22
It's my understanding that if Fulmer is employed elsewhere then the amount owed will be prorated. For years now I've been reading and hearing Phillip's defenders state that he is very motivated to succeed and that there are plenty of other teams that would want him were his services available. I've also heard and read Fulmer state that he wants to keep coaching for another six to eight years. Assuming those points to be true, why does everyone seem to think UTK will have to pay the full $6 million over four years? Won't there be a host of suitors lining up to sign Fulmer? Plenty of schools will be looking for a new head man plus all those NFL owners who have been coveting Phillip's talents for lo these many years. If I'm to beleive that Phillip Fulmer is one-tenth the competitor and great coach that some of you have told me he is, then I just don't see how the man will not have another head coaching position by February.
 
#23
#23
Dawson said:
The money is already there for the buyout.
Click to expand...
True...money is not an issue at it just makes me laugh when people think that it is.

Athletic Departments piss away hundreds of thousands of dollars a year, millions sometimes on incidentals...such as meals, traveling expenses, whether to take the bus or jet, how many monied boosters get to ride for free, who gets to sit next to the Pres, how many assistants get to go here or there, when do the trainers leave, how long will they get to stay and at what hotel, how much in per diems, etc...

Anybody want an eye opening experience go work in an Athletic Department...again, money will NOT be an issue in buying Fulmer out or hiring another coach.

The issue is, when is the guy making the call...gonna make the call. And the guy making the call won't be Hamilton.
 
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#24
#24
Pirate lookin at 40 said:
Not true. You just can't sell it on campus. Neyland Stadium is on campus.

A few years ago when the Vols played Vanderbilt in the Titans stadium, they sold beer there.
Click to expand...

That was because they played Wyoming there and they were the "home team". Beer was allowed that day because at the time Wyoming's conference still permitted beer at their games.
 
#25
#25
I am in favor of fining people who actually buy pay-per-view viewing privileges or pay face-value for the remaining home games.
 
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