I didn’t say he would do it, I’m saying that it’s financially possible. The total buyout means nothing (I think it’s $41 million right now). It’s the annual payout that means the most. Stoops is owed about $6.5 million per year through the 2030 season if he’s terminated without cause. Add that $6.5 to a $5 - $6 million salary for a new coach and it’s $3 million more annually through 2030 than we have committed.So you believe that Mitch is going to pay Stoops $3 million/year for the next 12 years to leave??????
I don't. Especially considering that he has a network of the BIGGEST donors that really like him and support the football program at the highest level.
It all comes down to Coach Stoops. Does he want to be here? Is he tired of having to work so hard to get players here and is there another program desperate enough to hire him away. It is apparent from his comments after these losses that he has NO intention of changing ANYTHING. So we are at HIS mercy for a while.
Again, Thanks Mitch.
When you add in 10,000 empty seats a game of it continues this way (about $1.25 million/game in lost revenue), then you definitely have enough money.
I agree with you that it’s most likely going to have to be Stoops walking away on his own after this year. I don’t agree about that if he lays another egg next year. My point is simply that the large buyout number is not as scary as most make it out to be.