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I know that you are still sticking to your story regarding "its when not if" Dooley is dismissed. However, it is also known that the athletic program is not in a good financial position. Plus, we know that firing Dooley and the staff will cost around $9 million plus the $3+ million per year for the next coach plus his staff. Now, we could go round and round about how each game costs UT x number of dollars but still paying Fulmer, Pearl, etc. is part of what got UT into this financial mess. Is it possible that Hart wants to make a change but still has to get the funds in order and that is what is causing a delay? Also, it could it cause what Hart does and what he wants to do to be 2 completely different things?
For the record, I also believe that Hart wants this team to get to a bowl game and get some positive momentum for next season (i.e. ticket sales) and announcing any changes this week will make that tougher. Bowl games also mean extra practices which can really benefit younger teams, which we still are, and that can benefit the team next year.
The money is not an issue. They could raise season ticket prices by 5 dollars and make millions if they had too.
The Fulmer, Raleigh, and Pearl buyouts don't even factor into the discussion because UT placed those funds into escrow accounts at the time of termination. Consequently, those payments do not affect the operating budget on an annual basis. Fulmer's buyout ends on Dec. 31st anyways, so there would be no impact as of January 1 regardless of how the funds were allocated. The question would be how does UT balance the new buyouts with the new coach(es) and attempt to stay within budget?
This post was edited by tntoak 17 months ago
It's called oil money...it will pay for the new staff. Right staff equals money pouring in. Alabama was in a very similar situation as we are...they pony up for Satan and now they have $380 million in reserve.
Senior Writer, govols247
Money is a deciding factor. But the issue is not buying Dooley out. Winning football drives money. Our money problems are not the results of buyouts but of declining revenue. We have gone from a high of $115 million in revenue to $100 million in two years. Fulmer's buyout was about 1% of revenue on an annual basis. Dooley's will be higher since revenues are down. The only way to increase revenue is by winning football games.
Your statement assumes there is inelastic demand for tickets. Clearly, I think the last year has proven that to be inaccurate. Season ticket sales were down significantly before the season started.
Would a big name coach help that situation? Somewhat, I am sure. I am not convinced, however, that anyone other than Gruden would be a surefire ROI.
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