Interviewing for another coaching position is NOT a fireable offense. Nothing is wrong to see if you can improve yourself in life. I'll promise you if you were to interview with another employer, your current employer would NOT fire you. It happens every day in life.
Paging Mitch Barnhart
- Thread starter DraftCat
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I can’t imagine that it is due in one lump sum. So I would think that it is more doable than most people think.Is it really that doable? $44,437,500.
How much would it cost to move on from coach Mark Stoops
Kentucky football coach Mark Stoops is on the hot seat, but how much would a buyout cost?ukwildcatswire.usatoday.com
Did you factor in the costs when it comes to buying out another coach's contract at a previous university? Also, how much the next guy will realistically expect after seeing the $9 million Stoops was paid to do the same job? Sumrall might be reasonable to afford to come back home. If Kentucky aims for any other proven coach, you are going to get what you paid for. Another dart throw for a first-time HC who was a coordinator, a Rich Brooks looking for one last job before calling it quits, an up-and-coming non-Power conference or FCS HC. Sure, buying out the Stoops' contract alone is 'doable' on an annual basis. I just don't see this administration paying out $14+ million a year when you combine the annual buyout and a new coach. It is much easier said than done.
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Where are you pulling 14 million from? Thin air? So you pay CMS 4 million are you going to pay the next guy 10 million? And if you think UK is getting any coach that demands 10 million a year you are dreaming. Yes UK is going to have to go the unproven route but that doesn't mean it will be a crap coach. I would bet JS's buyout at Tulane is minimal compared to the big football factory schools. Yes UK will have to pull the next coach from that level. They aren't going to go out and hire a big name away from a football factory school. They just aren't. So yes I think they could afford it. Is it ideal no it isn't. But the biggest question is can they afford not to if the rest of the season keeps going the way it is going now? How much money would they lose from being a doormat again? Remember you have parking sales, concession sales, ticket sales, and the important booster money that will dry up to next to nothing.
Depends on the position and situation. In real life 99.99% of the time your current employer doesn't find out unless you are leaving anyways so a bit apples to oranges.
Where did you read when I said Kentucky was going to hire a $10 million coach? I specifically laid out every point in the post you quoted of mine as to why that won't happen. Nor did I say they would hire a 'crap coach.' I said it is a dart throw while proceeding to list the most likely areas to search from the large pool of candidates to zero in on for the next big thing as an up and coming HC like Sumrall, unproven coordinator such as Kirby Smart/Stoops who were hot names before their 1st HC job, a veteran coach such as Rich Brooks, Mack Brown at the time going back to UNC for one last run before retirement or Curt Cignetti out of the Sun Belt last year who turned IU from 3-9 under the previous coach to 8-0 in year one making half of what Stoops is. Kentucky has a coach making a little over $9 million a year now. How much less do you realistically expect the next one would agree to next year after Stoops for a school already paying Top 10 money?
Lets say Sumrall is the guy, it might not be. Jon would make no less than $2 million annually which was the previous coach Willie Fritz's salary with Tulane. Could be much more with the vague details on his contract. He had signed with Tulane for 6 years last December. With 2024 down, 5 years left. Tulane obviously had to beat the $1.4 million from Troy and $2 million on Fritz that was reported they offered before he left. Lets stick with $2 million/5 years for now since the full details aren't known despite the amount is in all reality much more. Chalk up that money left owed ($10 million) on his contract if it is a $2 million deal. Any settlements for less are purely speculative at this point without the full detailed language known in his contract. The overall amount would be less expensive than Stoops obviously, but a smaller school looking to fund their program like Tulane would want more than the 75% Stoops gets of his annual salary in a buyout.
My guess is they could get Sumrall to sign somewhere between $4-5 million similar to the Pope deal coming home at $5.5 million. Any other coach I could see this up to $6 million which would still be 2/3 of what Stoops is getting. $4 million on Stoops, $10 million buyout on the Sumrall Tulane contract. $14 million in buyouts. Even if the buyout is settled for less between the schools, the new UK Sumrall contract in my estimation would be in the ballpark of $4-5 million considering what the university gave Pope with $5.5 million. So we're already talking over $14 million paying out to head coaches without even getting to hiring/buyouts of coordinators and the rest of the coaching staff yet to come and the one departing. See where I am going with this. So no, it is not made up out of 'thin air'. As I said before and will re-state again for clarity. I can't see them allocating more than $14 million. Maybe in a year or so a coaching change is more realistic when the buyout will drop per year. Just hope it isn't too late on Sumrall.
This is why coaching change is much easier said than done and will need to figure out how to get creative if they want to move on from the massive contract. Probably would cost them much more on some other coach without ties to the program. Especially if they target someone like Curt Cignetti from Indiana. Hence you get what you pay for, an experienced coach doing well at a non-traditional powerhouse program. It is going to cost more to lure coaches like that away, so it is not probable after this season. You don't have to like my number or agree with it. At least I am trying to figure out how in the hell this would work if Kentucky can move on from Stoops after this year. People want to point to loss of revenue if there is a bad season. If next year is a 6-7 win team, I doubt it is going to have the affect many believe it will have when they would be headed to a Bowl Game and 7 wins gets Stoops a year extended on the contract. Another season like this or 2012 with Joker is a different story.
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