ilovegymnast
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11-20-2015 11:29 AM |
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Wedge
Hall of Famer
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RE: Houston ups the ante
Herman's agent needs to be smart about any extension.
When Colorado State gave Jim McElwain an extension, the deal included a $7.5 million buyout. That was a huge issue when Florida was negotiating to hire him, and it held up the deal for some time. Florida almost walked away from McElwain because they didn't want to fork over $7.5 million.
The deal that was finally reached with CSU involved Florida paying CSU $3 million, plus giving CSU a $2 million buy game in Gainesville, plus McElwain paying CSU $2 million out of his own pocket.
The key for Herman is to keep the buyout reasonable and not so large that it's a potential deal-killer if he wants to move.
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11-20-2015 11:40 AM |
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MplsBison
Banned
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RE: Houston ups the ante
Well, that's definitely a P5 level salary for the head ball coach.
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11-20-2015 12:37 PM |
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C2__
Caltex2
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RE: Houston ups the ante
To be clear, this is just money set aside, not money offered.
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11-20-2015 12:40 PM |
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goofus
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RE: Houston ups the ante
How can Houston afford to pay that much? Are they moving to a P5 conference? How else can they afford that?
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11-20-2015 01:11 PM |
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gcoogs
Bench Warmer
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RE: Houston ups the ante
(11-20-2015 01:11 PM)goofus Wrote: How can Houston afford to pay that much? Are they moving to a P5 conference? How else can they afford that?
Private donors.
(This post was last modified: 11-20-2015 01:15 PM by gcoogs.)
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11-20-2015 01:14 PM |
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BIgCatonProwl
1st String
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RE: Houston ups the ante
(11-20-2015 01:11 PM)goofus Wrote: How can Houston afford to pay that much? Are they moving to a P5 conference? How else can they afford that?
You must not realize how much money is in Houston? Energy capital of the world. Besides Fertitta is Board Chairman billionaire almost 3 times and Coog alum, probably one of the people most responsible for bringing in Herman. Poor little ole Houston.
(This post was last modified: 11-20-2015 01:28 PM by BIgCatonProwl.)
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11-20-2015 01:28 PM |
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CougarRed
Hall of Famer
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RE: Houston ups the ante
(11-20-2015 11:40 AM)Wedge Wrote: Herman's agent needs to be smart about any extension.
When Colorado State gave Jim McElwain an extension, the deal included a $7.5 million buyout. That was a huge issue when Florida was negotiating to hire him, and it held up the deal for some time. Florida almost walked away from McElwain because they didn't want to fork over $7.5 million.
The deal that was finally reached with CSU involved Florida paying CSU $3 million, plus giving CSU a $2 million buy game in Gainesville, plus McElwain paying CSU $2 million out of his own pocket.
The key for Herman is to keep the buyout reasonable and not so large that it's a potential deal-killer if he wants to move.
Herman's current buyout is $2.3M. If he takes the $3M/yr deal, the buyout is going up.
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11-20-2015 02:01 PM |
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C2__
Caltex2
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RE: Houston ups the ante
(11-20-2015 01:11 PM)goofus Wrote: How can Houston afford to pay that much? Are they moving to a P5 conference? How else can they afford that?
It's money set aside just in case. You have to pay to stay competitive and the administration knows how important it is to keep a good coach (the last coach set the program back 5-10 years).
UH was prepared to match Sumlin's A&M offer, which didn't end up mattering but the commitment was there.
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11-20-2015 02:03 PM |
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MplsBison
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RE: Houston ups the ante
Now if they just had P conference invitation.
Maybe OU being left out this year will force XII to expand --> Texas refuses to go along with it, goes independent --> Houston replaces Texas.
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11-20-2015 02:12 PM |
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BIgCatonProwl
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RE: Houston ups the ante
(11-20-2015 02:03 PM)_C2_ Wrote: (11-20-2015 01:11 PM)goofus Wrote: How can Houston afford to pay that much? Are they moving to a P5 conference? How else can they afford that?
It's money set aside just in case. You have to pay to stay competitive and the administration knows how important it is to keep a good coach (the last coach set the program back 5-10 years).
UH was prepared to match Sumlin's A&M offer, which didn't end up mattering but the commitment was there.
5-10 years? Herman is winning with his recruits
(This post was last modified: 11-20-2015 02:30 PM by BIgCatonProwl.)
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11-20-2015 02:30 PM |
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C2__
Caltex2
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RE: Houston ups the ante
Yes, 5-10 years. Sumlin had the program on the verge of breaking through nationally and knocking on the door of a major conference. Levine oversaw some of the most embarrassing losses in school history, starting with his first official game as head coach when a regional FBS newbie ransacked them. There was the UCLA embarrassment, the SMU game where they gave up 72 points. The final straw was the humiliation against UTSA to open the new stadium, solidified by the Tulane debacle. As recently as 2 weeks ago, UH couldn't get more than 30K to come unless playing a regional school like Texas State, something had to be done.
With Levine, they were back to where they were under Briles or as Sumlin took over.
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11-20-2015 02:43 PM |
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splitstud
1st String
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RE: Houston ups the ante
(11-20-2015 01:14 PM)gcoogs Wrote: (11-20-2015 01:11 PM)goofus Wrote: How can Houston afford to pay that much? Are they moving to a P5 conference? How else can they afford that?
Private donors.
Alumni stepping up. Money for assistants (already the highest G5) is also poised to go up. Although, if Herman stays, Orlando might not, in which case it might not make sense for it to go up yet.
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11-20-2015 03:31 PM |
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BIgCatonProwl
1st String
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RE: Houston ups the ante
(11-20-2015 02:43 PM)_C2_ Wrote: Yes, 5-10 years. Sumlin had the program on the verge of breaking through nationally and knocking on the door of a major conference. Levine oversaw some of the most embarrassing losses in school history, starting with his first official game as head coach when a regional FBS newbie ransacked them. There was the UCLA embarrassment, the SMU game where they gave up 72 points. The final straw was the humiliation against UTSA to open the new stadium, solidified by the Tulane debacle. As recently as 2 weeks ago, UH couldn't get more than 30K to come unless playing a regional school like Texas State, something had to be done.
With Levine, they were back to where they were under Briles or as Sumlin took over.
Don't see it that way, your entitled to your opinion..like all of us. I'll concede TL loss games that were embarrassing. TX St., UTSA, Tulane but to me he didn't set us back 5 or 10 years. I believe he set us up with the talent he brought in to be successful. He couldn't get the job done to go from 8-5 team to 1 or 2 season loss team. Anyway I'm glad he's gone.
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11-20-2015 03:50 PM |
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C2__
Caltex2
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RE: Houston ups the ante
There are a lot of coaches that set the next coach up with talent or have it themselves but they don't know what to do with it. Levine killed the momentum Sumlin had and that's not up for debate.
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11-20-2015 04:07 PM |
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quo vadis
Legend
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RE: Houston ups the ante
Gotta give Houston credit for signalling a willingness to pay with the Big Boys.
But, two major concerns:
1) Where are they getting the $$ from?
2) Is it sensible to throw this much $$$ at a coach with one good season?
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11-20-2015 04:37 PM |
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BIgCatonProwl
1st String
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RE: Houston ups the ante
(11-20-2015 04:07 PM)_C2_ Wrote: There are a lot of coaches that set the next coach up with talent or have it themselves but they don't know what to do with it. Levine killed the momentum Sumlin had and that's not up for debate.
That he did. I Agree
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11-20-2015 04:50 PM |
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BIgCatonProwl
1st String
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RE: Houston ups the ante
(11-20-2015 04:37 PM)quo vadis Wrote: Gotta give Houston credit for signalling a willingness to pay with the Big Boys.
But, two major concerns:
1) Where are they getting the $$ from?
2) Is it sensible to throw this much $$$ at a coach with one good season?
Quo do you even read these threads? You'll know where the money is coming from, if you read the threads
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11-20-2015 04:51 PM |
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OrangeCrush22
Heisman
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RE: Houston ups the ante
Smart move that shows Houston is serious. Lots of positives. Herman might actually stay now. If Herman does leave, a new coach will know there's a lot of potential money for having success. It also shows other conferences Houston means business and it helps the AAC if they have to remain put.
Cincinnati, Houston, and Memphis could all be paying out big boy money next season. Lets see if Temple steps up as well in the coming days.
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11-20-2015 05:15 PM |
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