Many ADs, McIntosh included, are woefully under qualified for what that job has become in major college sports. These are big time CEO type jobs now. Hiring former players and familiar faces ain’t it anymore.
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Many ADs, McIntosh included, are woefully under qualified for what that job has become in major college sports. These are big time CEO type jobs now. Hiring former players and familiar faces ain’t it anymore.
Not sure how his contract was structured. But Wisconsin was struggling to fundraise for the additional $20M per year for the athletes.how is the buyout structured? Most of the time it's paid out in the same way the salary would have been paid out (so 5-10 million a year depending on what the coaches salary was) Some have a duty to mitigate (which Franklin had) which requires the coach to seek another job to limit the payout PSU pays him. There are a few really bad contracts that require the entire buyout within 30 days (I think Stoops at Kentucky has this, which is why he's still employed)
If AI is correct, his buyout it 80% of his contract so roughly 25 million paid out in monthly installments. That's not that hard to come up with and fairly simple to budget (though obviously schools would rather not)
Not sure how his contract was structured. But Wisconsin was struggling to fundraise for the additional $20M per year for the athletes.
They have a lot of expenses for facilities and quite a few sports (including expensive ones like men’s and women’s hockey). An additional $5-$10M a year might not seem like a lot. But it is if their best boosters are tapped funding the athletes and facilities
Yeah I agree there. But that doesn’t solve the funding problem. My guess is they’re hoping Fickell does just enough to placate any boosters from pulling funding for one more year.right. Now imagine those boosters say no more funding if he's their coach
Hockey is RIDICULOUSLY expensive. I'm shocked that anyone still offers it.Not sure how his contract was structured. But Wisconsin was struggling to fundraise for the additional $20M per year for the athletes.
They have a lot of expenses for facilities and quite a few sports (including expensive ones like men’s and women’s hockey). An additional $5-$10M a year might not seem like a lot. But it is if their best boosters are tapped funding the athletes and facilities
As noted in another thread, that whale is named Adidas, who just paid PSU $300M to switch from Nike for next year.His buyout is as massive as Franklin’s and FSU probably doesn’t have as deep of pockets.
I’m still shocked PSU actually pulled the trigger on letting Franklin go. One of their whales had to have ponied up big bucks (Orr threatened to pull all his/her dollars) to force them to make that move
Be careful who call a drunken sailor. Not every farmer is as rich as you think.The boosters will force the issue and come up with enough money to make the buyout happen. I get the feeling that both Wisconsin and EIU is in the same boat, they are rolling in a lot of money, but between facility upgrades and law suits, its going out as fast as its coming in. Both are like a lot of farmers, rich on paper and struggling to pay the bills because they have both been building and spending like drunken sailors back from overseas.
This article is 3 years old, but Hockey makes the 3rd most revenue in college sports. So it isn't a money hole for every school.Hockey is RIDICULOUSLY expensive. I'm shocked that anyone still offers it.
Hockey
The No. 3 revenue-producing sport is men’s hockey, coming in at $2.5 million per school. No surprise, but the top schools in terms of hockey revenue are all in the north: Wisconsin leads the way at $6.2 million, followed by Minnesota-Duluth ($5.8 million), Providence ($5.6 million), Boston ($5.6 million) and Northeastern ($5.5 million).
It may be a good idea for Wisconsin to get a new AD. Let him settle in, redo the buyout, and hire next year in perhaps a less competetive coaching environment (meaning less high profile openings).
Not only does he know that Pollard would stick with him if we have an off year - Pollard already has. We were 4-8 in 2022 and there wasn't even a thought that Campbell was on the hot seat. It would probably take 3 straight seasons like that for it to be a real conversation. And honestly, I don't see that happening with Campbell as head coach. The culture is too strong.Campbell isn't stupid he can see the unrealistic expectations other schools have and knows he has an AD that will stick with him if he happens to have an off year.
If you're Indiana and you find yourself relevant for the first time since the late 60s, you're probably fine paying a premium for a guy that's absolutely the real deal and will make you more money than you ever possibly could being bad.I don’t hate this, but I do hate that there’s not a clause about coach failing to make the CFP and having the total reduced to no higher than 12th. I know Cignetti had them over a barrel, but this is the stuff that is just ludicrous without a counter.
Brand new X9 combine and new tracked 4WD, but can't afford to put on the full rate of fertilizer.Be careful who call a drunken sailor. Not every farmer is as rich as you think.
NIL combined with a couple other rule changes could possibly cause an explosion of interest and possibly ratings (relative to what they were) for college hockey. Sparty has 19 current NHL draft picks on their team this year and Michigan has about a dozen.This article is 3 years old, but Hockey makes the 3rd most revenue in college sports. So it isn't a money hole for every school.
At the end of the day college sports doubles as marketing for schools so many are fine with losing some cash. There are a lucky few that make money though. in 2024 Minnesota gopher hockey made 1.84 million revenue surplus out of 7.84 total revenue.
College hockey is also in an interesting place because with NIL canadians are now looking at going south to play college instead of sticking to juniors in Canada. (which is causing an understandable freakout in junior hockey circles in Canada) I don't know if that will affect the total fandom and revenue since hockey is a bit of an acquired sport imo. However, schools like Penn State have invested heavily in that past 10 years. Which makes me think they think there is some cash to be made.
Very true, the Florida coach gets $10.5 million in 30 days from being fired and then another $2.5 million on July 15th for the next four years. His contract also does not have a kickback to lower the amount if he is hired by another school.how is the buyout structured? Most of the time it's paid out in the same way the salary would have been paid out (so 5-10 million a year depending on what the coaches salary was) Some have a duty to mitigate (which Franklin had) which requires the coach to seek another job to limit the payout PSU pays him. There are a few really bad contracts that require the entire buyout within 30 days (I think Stoops at Kentucky has this, which is why he's still employed)
If AI is correct, his buyout it 80% of his contract so roughly 25 million paid out in monthly installments. That's not that hard to come up with and fairly simple to budget (though obviously schools would rather not)
Most are land and equipment rich, not wealthy in cash. With the price of land and equipment today, if they cashed out, many would be multi-millionaires. Hard to say that is not wealthy.Be careful who call a drunken sailor. Not every farmer is as rich as you think.