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Looking like Tyndall to Tennesse
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PirateMarv Offline
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Post: #101
RE: Looking like Tyndall to Tennesse
(04-22-2014 04:39 PM)Dracorex Wrote:  
(04-22-2014 04:27 PM)TOPSTRAIGHT Wrote:  Why don't you guys grow up and have a normal conversation?It is possible.

He just can't have one with Marv. Give it time... Marv has guaranteed us all that he will never show up after June 1st.

This was a decent thread don't ruin it and be a boob like that Miner fan. Btw, it is June 30th, which is ECU's last day in CUSA.
(This post was last modified: 04-22-2014 04:42 PM by PirateMarv.)
04-22-2014 04:42 PM
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Funslinger Offline
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Post: #102
RE: Looking like Tyndall to Tennesse
(04-22-2014 02:13 PM)ThreeifbyLightning Wrote:  
(04-22-2014 01:25 PM)Cscollis Wrote:  
(04-22-2014 12:34 PM)HogDawg Wrote:  
(04-22-2014 12:05 PM)Cscollis Wrote:  Sorry USM lost it's BB coach but I am very happy with Mike White. I am so sick of the bull **** coach speak about staying and building a program and they leave to another school by the time they finish the bull **** sentence. I understand a coaches desire to move up the coaching ladder, but damn didn't Tyndall just say last month about staying unless his dream job was offered? I hope he fails miserably at UT. Just like I hope Dykes fails at Cal. These coaches come off as greedy a-holes and could care less about the university that gave them the opportunity.

Someday La Tech and USM will hold on to coaches that believe they are not just stepping stones to bigger and better. I don't understand why a quality coach that has some measure of job security and fan support would jump ship. Loyalty and trust doesn't mean **** anymore. Before any asks if I had the same chance to leave a job for more money but no security, I have and turned it down.

Coach White earned some respect for his inaction on leaving to UT. I think in the long run and when he does leave La Tech, he will still be respected by Tech fans and not a whore like Dykes or Dooley.

It's should not always about the money.

I share your frustration. The problem is the lack of CONTRACT enforcement in college sports. College sports contracts seem to be the only contracts in America that apparently don't matter. A new coach will sign a contract for 6 years, and often leave in year 2 or year 3, without repercussions. THAT'S what needs to change.

Of course this problem is exacerbated by the large amounts of money the P5 schools are willing to throw at a new coach to encourage him to break his contract with his current employer. THAT'S the part that typically doesn't happen in "real life".

Big --and I do mean BIG-- buyout clauses are the only tool the G5 schools can really use to counter this problem. And I believe Mike White's freshly inked buyout clause was a real factor in his turning down the Tennessee job. I believe you can thank T-Mac (our new AD) for that.

I own a consulting business and deal with contracts all of the time. Maybe thats why I really hate to see coaches leaving while under contract, especially right after signing a extension. The buyout clause in a coaches contract should be 2 times the annual salary with no reduction during the term. Most business sales are 2 to 3 times annual sales so I think this would deter bigger schools from poaching.

Coaches should also not openly lie about staying and building a program when they are only there to pad their resume. Be honest and tell the university I am here to advance the program but if an opportunity to move on comes, I'm out of here.

I am just tired of being lied to!

So, let me get this straight. If one of your employees comes in and says boss I like it here and all, but I'm going to be honest with you. As soon as the next gig comes along that gets me a 10% boost over what I make now I'm out the door brotha. Just thought you should know that.

Maybe just maybe you prefer that approach (thought I honestly doubt it), but if that really happened 99% of your fan base would start signing petitions like Tennessee did wanting his head on a platter if your coach came out and said something like that. It's weird how everyone seems to understand how this coaching profession works except for the fans of the schools. AD and Presidents understand that if an opportunity presents iself for a better situation for the family (ususally meaning more money to take care of that family) and higher level of prestige opportunity all said AD and President can do is work within their means to sweeten the pot for them to stay. And if they don't stay the AD understands and wishes him the best. Fans can't seem to seperate themselves from that concept.

I believe Tyndall was very interested in building Southern Miss and staying there sans a select group of schools. There are few towns like Knoxville. I know having gone to school there and working in collegiate athletics seeing many of them. There are some towns where the whole world revolves around the athletics program like in Columbus, OH, Gainesville, FL and Knoxville is like that too. Perhaps UT was one of his dream destinations as a result of that. We don't know and we certainly can't say that he lied about that part, because he actually did come out and say the opposite i.e. unless one of those type of jobs comes open, so from what I heard DT say he was very upfront about it.

Some coaches do lie, because they don't know how to frame the response to that type of question. There is a very refined communication skill in not closing doors to potential opportunities with your statements but then also avoiding the possiblity that you completely alienate and disenfranchise your current fan base. And then some coaches are just ******** and don't care one way or the other. I don't believe that describes either White or Tyndall.

This statement always baffles me. Is $500K per year not enough to take care of the family?
04-22-2014 04:48 PM
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Dracorex Offline
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Post: #103
RE: Looking like Tyndall to Tennesse
(04-22-2014 04:42 PM)PirateMarv Wrote:  
(04-22-2014 04:39 PM)Dracorex Wrote:  
(04-22-2014 04:27 PM)TOPSTRAIGHT Wrote:  Why don't you guys grow up and have a normal conversation?It is possible.

He just can't have one with Marv. Give it time... Marv has guaranteed us all that he will never show up after June 1st.

This was a decent thread don't ruin it and be a boob like that Miner fan. Btw, it is June 30th, which is ECU's last day in CUSA.

I was hoping we could convince you to bump that up a bit... 05-stirthepot

You've not made any stupid posts in the last few days here, so I'm letting you be... for now 05-mafia
04-22-2014 04:50 PM
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PirateMarv Offline
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Post: #104
RE: Looking like Tyndall to Tennesse
(04-22-2014 04:50 PM)Dracorex Wrote:  
(04-22-2014 04:42 PM)PirateMarv Wrote:  
(04-22-2014 04:39 PM)Dracorex Wrote:  
(04-22-2014 04:27 PM)TOPSTRAIGHT Wrote:  Why don't you guys grow up and have a normal conversation?It is possible.

He just can't have one with Marv. Give it time... Marv has guaranteed us all that he will never show up after June 1st.

This was a decent thread don't ruin it and be a boob like that Miner fan. Btw, it is June 30th, which is ECU's last day in CUSA.

I was hoping we could convince you to bump that up a bit... 05-stirthepot

You've not made any stupid posts in the last few days here, so I'm letting you be... for now 05-mafia

Stop ruining this tread. Troll somewhere else.
04-22-2014 04:51 PM
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Dracorex Offline
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Post: #105
RE: Looking like Tyndall to Tennesse
(04-22-2014 04:51 PM)PirateMarv Wrote:  
(04-22-2014 04:50 PM)Dracorex Wrote:  
(04-22-2014 04:42 PM)PirateMarv Wrote:  
(04-22-2014 04:39 PM)Dracorex Wrote:  
(04-22-2014 04:27 PM)TOPSTRAIGHT Wrote:  Why don't you guys grow up and have a normal conversation?It is possible.

He just can't have one with Marv. Give it time... Marv has guaranteed us all that he will never show up after June 1st.

This was a decent thread don't ruin it and be a boob like that Miner fan. Btw, it is June 30th, which is ECU's last day in CUSA.

I was hoping we could convince you to bump that up a bit... 05-stirthepot

You've not made any stupid posts in the last few days here, so I'm letting you be... for now 05-mafia

Stop ruining this tread. Troll somewhere else.

What's left to discuss?

I'll shut up and listen
04-22-2014 04:52 PM
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Funslinger Offline
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Post: #106
RE: Looking like Tyndall to Tennesse
(04-22-2014 04:12 PM)PirateMarv Wrote:  
(04-22-2014 04:03 PM)HogDawg Wrote:  
(04-22-2014 03:56 PM)UofMemphis Wrote:  
(04-22-2014 03:54 PM)HogDawg Wrote:  
(04-22-2014 01:07 PM)Niner National Wrote:  Yeah but if a school really wants to sign a coach worth signing, they're going to need to include a buyout clause or that coach isn't going to sign.

A re-tread with a terrible history may sign a contract without a buyout clause, but not someone with a good future ahead of them.

You're ignoring one simple fact: the one big advantage the G5 schools have over the P5 is that we TYPICALLY hire our head coaches BEFORE they have any leverage. The guys we hire are usually hungry. They will sign just about anything to get their first head coaching job.

When LA Tech hired Mike White, he had no head coaching experience, and nobody was knocking on his door. He had no leverage. He wanted a job.

And not only does he have a buyout, It's not that high (600k and drops each year)

Bingo. That's the point. In this case (according to what has been reported) even though the buyout was only 600K, Tennessee wanted to split the buyout with White, and he got insulted.

But regardless of White's case, the big opportunity for the G5 schools like us is in securing BIGGER buyouts in their contracts. That way, if your guy becomes very successful, the P5 schools are going to have to pay you a lot of money to take them.

And then what will happen is that no successful young coach would ever sign a contract extension past his first deal. Why would he? It would be dumb, especially if the coach knew that he intended to leave at some point anyway, but decided that it was not a good time to leave his current employment.

The better route is to do whatever VCU is doing with Shaka Smart. They had had a good succession of coaches (Capel, Grant and now Smart). VCU seems like a good place for a good young coach to cut his teeth, except for whatever reason Smart has decided not leave like Capel and Grant did.

He should get a smaller buyout in subsequent contracts. The key contract is the first one. If he is a young, up and coming coach (translated: he hasn't really proven anything yet), you don't allow him to jump ship only two years in. You deserve some loyalty for giving him the opportunity.

This doesn't apply to Tyndall because he had proven himself at Morehead State.
04-22-2014 05:01 PM
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gulfcoastgal Offline
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Post: #107
RE: Looking like Tyndall to Tennesse
(04-22-2014 04:48 PM)Funslinger Wrote:  
(04-22-2014 02:13 PM)ThreeifbyLightning Wrote:  
(04-22-2014 01:25 PM)Cscollis Wrote:  
(04-22-2014 12:34 PM)HogDawg Wrote:  
(04-22-2014 12:05 PM)Cscollis Wrote:  Sorry USM lost it's BB coach but I am very happy with Mike White. I am so sick of the bull **** coach speak about staying and building a program and they leave to another school by the time they finish the bull **** sentence. I understand a coaches desire to move up the coaching ladder, but damn didn't Tyndall just say last month about staying unless his dream job was offered? I hope he fails miserably at UT. Just like I hope Dykes fails at Cal. These coaches come off as greedy a-holes and could care less about the university that gave them the opportunity.

Someday La Tech and USM will hold on to coaches that believe they are not just stepping stones to bigger and better. I don't understand why a quality coach that has some measure of job security and fan support would jump ship. Loyalty and trust doesn't mean **** anymore. Before any asks if I had the same chance to leave a job for more money but no security, I have and turned it down.

Coach White earned some respect for his inaction on leaving to UT. I think in the long run and when he does leave La Tech, he will still be respected by Tech fans and not a whore like Dykes or Dooley.

It's should not always about the money.

I share your frustration. The problem is the lack of CONTRACT enforcement in college sports. College sports contracts seem to be the only contracts in America that apparently don't matter. A new coach will sign a contract for 6 years, and often leave in year 2 or year 3, without repercussions. THAT'S what needs to change.

Of course this problem is exacerbated by the large amounts of money the P5 schools are willing to throw at a new coach to encourage him to break his contract with his current employer. THAT'S the part that typically doesn't happen in "real life".

Big --and I do mean BIG-- buyout clauses are the only tool the G5 schools can really use to counter this problem. And I believe Mike White's freshly inked buyout clause was a real factor in his turning down the Tennessee job. I believe you can thank T-Mac (our new AD) for that.

I own a consulting business and deal with contracts all of the time. Maybe thats why I really hate to see coaches leaving while under contract, especially right after signing a extension. The buyout clause in a coaches contract should be 2 times the annual salary with no reduction during the term. Most business sales are 2 to 3 times annual sales so I think this would deter bigger schools from poaching.

Coaches should also not openly lie about staying and building a program when they are only there to pad their resume. Be honest and tell the university I am here to advance the program but if an opportunity to move on comes, I'm out of here.

I am just tired of being lied to!

So, let me get this straight. If one of your employees comes in and says boss I like it here and all, but I'm going to be honest with you. As soon as the next gig comes along that gets me a 10% boost over what I make now I'm out the door brotha. Just thought you should know that.

Maybe just maybe you prefer that approach (thought I honestly doubt it), but if that really happened 99% of your fan base would start signing petitions like Tennessee did wanting his head on a platter if your coach came out and said something like that. It's weird how everyone seems to understand how this coaching profession works except for the fans of the schools. AD and Presidents understand that if an opportunity presents iself for a better situation for the family (ususally meaning more money to take care of that family) and higher level of prestige opportunity all said AD and President can do is work within their means to sweeten the pot for them to stay. And if they don't stay the AD understands and wishes him the best. Fans can't seem to seperate themselves from that concept.

I believe Tyndall was very interested in building Southern Miss and staying there sans a select group of schools. There are few towns like Knoxville. I know having gone to school there and working in collegiate athletics seeing many of them. There are some towns where the whole world revolves around the athletics program like in Columbus, OH, Gainesville, FL and Knoxville is like that too. Perhaps UT was one of his dream destinations as a result of that. We don't know and we certainly can't say that he lied about that part, because he actually did come out and say the opposite i.e. unless one of those type of jobs comes open, so from what I heard DT say he was very upfront about it.

Some coaches do lie, because they don't know how to frame the response to that type of question. There is a very refined communication skill in not closing doors to potential opportunities with your statements but then also avoiding the possiblity that you completely alienate and disenfranchise your current fan base. And then some coaches are just ******** and don't care one way or the other. I don't believe that describes either White or Tyndall.

This statement always baffles me. Is $500K per year not enough to take care of the family?

Quiverfull? 03-wink
04-22-2014 05:02 PM
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Eagleholic Offline
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Post: #108
RE: Looking like Tyndall to Tennesse
(04-22-2014 04:48 PM)Funslinger Wrote:  
(04-22-2014 02:13 PM)ThreeifbyLightning Wrote:  
(04-22-2014 01:25 PM)Cscollis Wrote:  
(04-22-2014 12:34 PM)HogDawg Wrote:  
(04-22-2014 12:05 PM)Cscollis Wrote:  Sorry USM lost it's BB coach but I am very happy with Mike White. I am so sick of the bull **** coach speak about staying and building a program and they leave to another school by the time they finish the bull **** sentence. I understand a coaches desire to move up the coaching ladder, but damn didn't Tyndall just say last month about staying unless his dream job was offered? I hope he fails miserably at UT. Just like I hope Dykes fails at Cal. These coaches come off as greedy a-holes and could care less about the university that gave them the opportunity.

Someday La Tech and USM will hold on to coaches that believe they are not just stepping stones to bigger and better. I don't understand why a quality coach that has some measure of job security and fan support would jump ship. Loyalty and trust doesn't mean **** anymore. Before any asks if I had the same chance to leave a job for more money but no security, I have and turned it down.

Coach White earned some respect for his inaction on leaving to UT. I think in the long run and when he does leave La Tech, he will still be respected by Tech fans and not a whore like Dykes or Dooley.

It's should not always about the money.

I share your frustration. The problem is the lack of CONTRACT enforcement in college sports. College sports contracts seem to be the only contracts in America that apparently don't matter. A new coach will sign a contract for 6 years, and often leave in year 2 or year 3, without repercussions. THAT'S what needs to change.

Of course this problem is exacerbated by the large amounts of money the P5 schools are willing to throw at a new coach to encourage him to break his contract with his current employer. THAT'S the part that typically doesn't happen in "real life".

Big --and I do mean BIG-- buyout clauses are the only tool the G5 schools can really use to counter this problem. And I believe Mike White's freshly inked buyout clause was a real factor in his turning down the Tennessee job. I believe you can thank T-Mac (our new AD) for that.

I own a consulting business and deal with contracts all of the time. Maybe thats why I really hate to see coaches leaving while under contract, especially right after signing a extension. The buyout clause in a coaches contract should be 2 times the annual salary with no reduction during the term. Most business sales are 2 to 3 times annual sales so I think this would deter bigger schools from poaching.

Coaches should also not openly lie about staying and building a program when they are only there to pad their resume. Be honest and tell the university I am here to advance the program but if an opportunity to move on comes, I'm out of here.

I am just tired of being lied to!

So, let me get this straight. If one of your employees comes in and says boss I like it here and all, but I'm going to be honest with you. As soon as the next gig comes along that gets me a 10% boost over what I make now I'm out the door brotha. Just thought you should know that.

Maybe just maybe you prefer that approach (thought I honestly doubt it), but if that really happened 99% of your fan base would start signing petitions like Tennessee did wanting his head on a platter if your coach came out and said something like that. It's weird how everyone seems to understand how this coaching profession works except for the fans of the schools. AD and Presidents understand that if an opportunity presents iself for a better situation for the family (ususally meaning more money to take care of that family) and higher level of prestige opportunity all said AD and President can do is work within their means to sweeten the pot for them to stay. And if they don't stay the AD understands and wishes him the best. Fans can't seem to seperate themselves from that concept.

I believe Tyndall was very interested in building Southern Miss and staying there sans a select group of schools. There are few towns like Knoxville. I know having gone to school there and working in collegiate athletics seeing many of them. There are some towns where the whole world revolves around the athletics program like in Columbus, OH, Gainesville, FL and Knoxville is like that too. Perhaps UT was one of his dream destinations as a result of that. We don't know and we certainly can't say that he lied about that part, because he actually did come out and say the opposite i.e. unless one of those type of jobs comes open, so from what I heard DT say he was very upfront about it.

Some coaches do lie, because they don't know how to frame the response to that type of question. There is a very refined communication skill in not closing doors to potential opportunities with your statements but then also avoiding the possiblity that you completely alienate and disenfranchise your current fan base. And then some coaches are just ******** and don't care one way or the other. I don't believe that describes either White or Tyndall.

This statement always baffles me. Is $500K per year not enough to take care of the family?

After paying taxes, the agent his %, and child support, there just isn't much left.
04-22-2014 05:16 PM
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DaSaintFan Offline
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Post: #109
RE: Looking like Tyndall to Tennesse
(04-22-2014 08:37 AM)Dracorex Wrote:  I just hope your guy comes in and starts recruiting freshman. Jucos are great for short term but 50% of your team leaves every year

Although we have been snubbed for the big dance a couple of times, it's worked. We've had how many straight 20+ win seasons? 5...

That's a record of 113-50 over the past 5 years.
04-22-2014 05:36 PM
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bladhmadh Offline
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Post: #110
RE: Looking like Tyndall to Tennesse
(04-22-2014 12:05 PM)Cscollis Wrote:  Sorry USM lost it's BB coach but I am very happy with Mike White. I am so sick of the bull **** coach speak about staying and building a program and they leave to another school by the time they finish the bull **** sentence. I understand a coaches desire to move up the coaching ladder, but damn didn't Tyndall just say last month about staying unless his dream job was offered? I hope he fails miserably at UT. Just like I hope Dykes fails at Cal. These coaches come off as greedy a-holes and could care less about the university that gave them the opportunity.

Someday La Tech and USM will hold on to coaches that believe they are not just stepping stones to bigger and better. I don't understand why a quality coach that has some measure of job security and fan support would jump ship. Loyalty and trust doesn't mean **** anymore. Before any asks if I had the same chance to leave a job for more money but no security, I have and turned it down.

Coach White earned some respect for his inaction on leaving to UT. I think in the long run and when he does leave La Tech, he will still be respected by Tech fans and not a whore like Dykes or Dooley.

It's should not always about the money.

i love my job and where I work. If someone offered me a 50% pay increase I am not leaving but if someone offered me three times what I am making now with a huge buyout im out the door.
04-23-2014 06:35 AM
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bladhmadh Offline
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Post: #111
RE: Looking like Tyndall to Tennesse
(04-22-2014 09:05 AM)eaglenjxn Wrote:  
(04-22-2014 01:54 AM)AirRaid Wrote:  
(04-22-2014 12:41 AM)techdawg88 Wrote:  
(04-22-2014 12:31 AM)AirRaid Wrote:  Terrible for Southern Miss, but you can't expect the man to leave a million on the table to coach a 1 bid league

Mike White did

Mike White felt Tennessee wasn't worth ruining his career over.

Also, his buyout was probably a huge reason.

The lack of job security with that crazy fanbase in Knoxville wasn't worth paying $400K back to UT.

Credit to their AD for that buyout clause.

a 400k buyout clause would not stop UT from hiring a coach. Louisville paid UAB 500k to hire our last football head coach to be their OC and UAB used that money to pay Jax State $400k to hire their head coach. Funny thing is McGee was so hated on southside we would waived the buyout if they had asked.
04-23-2014 06:40 AM
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HogDawg Offline
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Post: #112
RE: Looking like Tyndall to Tennesse
(04-23-2014 06:40 AM)bladhmadh Wrote:  
(04-22-2014 09:05 AM)eaglenjxn Wrote:  
(04-22-2014 01:54 AM)AirRaid Wrote:  
(04-22-2014 12:41 AM)techdawg88 Wrote:  
(04-22-2014 12:31 AM)AirRaid Wrote:  Terrible for Southern Miss, but you can't expect the man to leave a million on the table to coach a 1 bid league

Mike White did

Mike White felt Tennessee wasn't worth ruining his career over.

Also, his buyout was probably a huge reason.

The lack of job security with that crazy fanbase in Knoxville wasn't worth paying $400K back to UT.

Credit to their AD for that buyout clause.

a 400k buyout clause would not stop UT from hiring a coach. Louisville paid UAB 500k to hire our last football head coach to be their OC and UAB used that money to pay Jax State $400k to hire their head coach. Funny thing is McGee was so hated on southside we would waived the buyout if they had asked.

UT is very sensitive to "buyouts" right now. The Volunteers are still paying for 3 football coaches (Phil Fulmer, Derek Dooley and now Butch Jones), and now three mens basketball coaches (Buzz Peterson, Bruce Pearl and now Donnie Tyndall.) Yes, Tennessee athletics has very deep pockets, but they are paying every one of these guys over $1M a year, and they are paying most of them NOT to coach at UT. As such, the UT administration is very sensitive to buyouts right now.
04-23-2014 10:23 AM
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Buccaneerlover Offline
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Post: #113
RE: Looking like Tyndall to Tennesse
Not true, Fulmer's buyout was done two years ago. They're paying Dooley, Sal Sunseri and Butch Jones. Buzz's buyout was done while Mike Hamilton was still the A.D. (Was rumored that Jim "Thunder" Thornton wrote him a check), and Pearl's buyout is over and was only a little less than 950k (due to NCAA transgressions that aren't really transgressions anymore).
Also, Tennessee still gives 10 million a year back to UTK academics, and then a few million to Chattanooga and UT-Martin. They've got money coming in, they just need to cut the satellite campuses off and tell the pompus professors to go raise their own money, the war chest is empty.
Dave Hart is cheap.
I can't believe Buzz was brought up, that was nearly a decade ago. Actually, it was a decade ago, Pearl was at UT for six years, Cuonzo for three. Fulmer has been out for six years. (Dooley three, Kiffin, Jones).
Mike White made a calculated risk, especially if Mizzou were to call him. If not, as many as 7 SEC jobs could be open next year (Alabama, South Carolina, aTm, Misery State, Ole Miss, Arkansas, and Calipari is always being tied to NBA jobs).
After all this, Tennessee hit a homerun I think with Tyndall, personality, great coach, knows how to win with lesser talent against teams with more basketball tradition.
04-23-2014 10:36 AM
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HogDawg Offline
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Post: #114
RE: Looking like Tyndall to Tennesse
http://www.govolsxtra.com/news/2011/may/...up-for-ut/

Quote:By December 2012, when former football coach Phillip Fulmer receives his final paycheck from a $6 million buyout, UT will have paid $9,100,385.53 in buyout money to the five high-profile coaches UT athletic director Mike Hamilton has fired. Tack on the $873,014 UT paid to the coaches' respective staffs, and the figure is close to $10 million.

What makes the Vols a notable case is how their buyouts have piled up and overlapped during the past six years.

Fulmer's buyout, the product of a contract extension he received one year before his dismissal, makes up for the lion's share of the total, but it hasn't burdened the department as much as the one UT owed former basketball coach Buzz Peterson in 2005.

UT was forced to take out a loan to pay Peterson the $1.39 million he was owed within 30 days of his firing. Because it was so late in the fiscal year and Peterson's predecessor, Jerry Green, was still owed $200,000, UT had no other choice, Hamilton said at the time. Subsequently, UT paid nearly $80,000 in interest on the short-notice loan.

That's a lot of smackeroos. And the point is, all these "contract buyouts" have taken their toll on the UT program and made the administration very sensitive to buyouts.
(This post was last modified: 04-23-2014 10:48 AM by HogDawg.)
04-23-2014 10:42 AM
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HogDawg Offline
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Post: #115
RE: Looking like Tyndall to Tennesse
http://www.usatoday.com/story/sports/nca...y/1753819/
Quote:"Switching football coaches may cost Tennessee $11 million"

When it fired Derek Dooley last month, Tennessee obligated itself to pay him $5 million in monthly installments through Dec. 31, 2016. All but one of Tennessee's nine assistant coaches have contracts that run through Feb. 28, 2014; defensive coordinator Sal Sunseri's ends a year after that. If Jones retains none of those coaches, Tennessee will owe them a combined total of well over $4 million over their remaining terms (nearly $1.8 million to Sunseri alone), although that amount will be reduced as those coaches follow through with contractually required efforts to find other jobs that would offset Tennessee's obligation.

Then there is the matter of Jones' buyout payment to Cincinnati. Jones owes his former employer $1.4 million for terminating his contract prematurely and taking another coaching job. When Tennessee hired Dooley from Louisiana Tech in January 2010, Tennessee agreed to pay not only Dooley's $500,000 buyout but also the nearly $290,000 in taxes he owed on that amount, which was treated as income to him.

Hopefully you're getting the point NOW.
(This post was last modified: 04-23-2014 10:53 AM by HogDawg.)
04-23-2014 10:50 AM
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Buccaneerlover Offline
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Post: #116
RE: Looking like Tyndall to Tennesse
(04-23-2014 10:50 AM)HogDawg Wrote:  http://www.usatoday.com/story/sports/nca...y/1753819/
Quote:"Switching football coaches may cost Tennessee $11 million"

When it fired Derek Dooley last month, Tennessee obligated itself to pay him $5 million in monthly installments through Dec. 31, 2016. All but one of Tennessee's nine assistant coaches have contracts that run through Feb. 28, 2014; defensive coordinator Sal Sunseri's ends a year after that. If Jones retains none of those coaches, Tennessee will owe them a combined total of well over $4 million over their remaining terms (nearly $1.8 million to Sunseri alone), although that amount will be reduced as those coaches follow through with contractually required efforts to find other jobs that would offset Tennessee's obligation.

Then there is the matter of Jones' buyout payment to Cincinnati. Jones owes his former employer $1.4 million for terminating his contract prematurely and taking another coaching job. When Tennessee hired Dooley from Louisiana Tech in January 2010, Tennessee agreed to pay not only Dooley's $500,000 buyout but also the nearly $290,000 in taxes he owed on that amount, which was treated as income to him.

Hopefully you're getting the point NOW.

Again the money is there, they just need to stop giving 30 million a year to satellite campuses and back into academics. Football giving is up with Butch Jones, basketball giving will go back up with Tyndall. Eventually Jimmy Cheek and DiPietro will be gone and hopefully the Haslam family will have a hand in putting in two people with a brain that actually functions instead of those two boobs that are in charge at UTK and the whole UT system right now. They're not just bad for Knoxville, they're bad for Chattanooga, Martin, Tullahoma and the med school in Memphis.
04-23-2014 04:42 PM
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