(12-04-2017 02:44 PM)Jay M. Youix Wrote:  

(12-04-2017 01:32 PM)Purple Wrote:  I know BDK thinks it is laughable, but if we can offer Coach Houston what he is worth, and I don't see why we can't, he will be with us for years. That's my dream and I'm sticking to it!

i think you're probably twisting BDK's words. i'm sure he didn't say, "we shouldn't pay Houston what he's worth". IIRC, however, you seem to think we can/should pay him $1M/year. correct me if i'm wrong. but if that's what you're saying, you're out of your friggin' mind. i'd be all for it if that were even remotely possible. it's not and you know it's not. you can't just counter everything with, "but we should." that argument is just silly. it's really not an argument at all, actually. i SHOULD have X-ray vision but i don't.

No, I am NOT twisting BDK's words. In fact, he misinterpreted my words, which I addressed in a reply to him, above.

Speaking of twisting words, or rather, putting words in someone else's mouth, where did I say that BDK said "we shouldn't pay Houston what he's worth?" Please find that quote for me.

OK, so now I am out of my "friggin' mind" for suggesting we find a way to offer Coach Houston "what he is worth." Please read my words, above, again. THAT is what I said.

I did say before that I believe a million dollars a year would keep Houston. There appears to be a general consensus that that is what he is worth. If we can keep him for $500K, awesome! I don't think that will do it, though, at least it won't keep him for long, in my opinion.

I am saying let's find ways to be in a position to make the very best possible offer to keep him. I have mentioned one way to raise half a million dollars. There are many other ways to raise more.

So, you naysayers who think I am out of my "friggin' mind," I say to you that you lack imagination! Ron Carrier would NEVER have said, "Oh, we're doomed, we'll never make it. We just can't do it." He would have and did find the damned money every single time we needed it. It really isn't rocket science. It simply requires a little ingenuity and imagination.

I hope that doesn't sound offensive, but frankly, I am pissed off having my words misinterpreted and other words put in my mouth and being told I am out of my "friggin' mind."

We are all Dukes here. I didn't ask for a fight. I only offered my opinion. I hope we can all remain friends here and toast our awesome Dukes all the way to Frisco and a glorious repeat.

If you want a fight, go to the Weber State board. I don't have much taste for it, especially from people I have known and respected for a long time.

(12-04-2017 07:01 PM)Longhorn Wrote:  

(12-04-2017 02:36 PM)chicagoduke Wrote:  

(12-04-2017 01:32 PM)Purple Wrote:  Also, doesn't Rice have a buyout for Bailiff? He had a six-year contract extension through about 2020 for over a million a year. Pretty tough pill to swallow for a school with an athletic budget a little over half of ours.

Rice is an exceptionally rich school. They have a $5.6B endowment, which is 23rd biggest in the country. For reference, that's bigger than Southern Cal, Penn State, Ohio State, UNC, Wisconsin, Michigan State, UCLA, Oklahoma, Florida, TCU, Alabama, AND University of Texas Longhorns.

If Rice wants to invest in their athletics (i.e. coaches), the money is there. It's just a matter of priorities for them.

You're a bit off regarding the U. of Texas endowment, but carry on. By the way, the wikipedia entry (which you likely referenced that says UT endowment is $3.7 billion misplaced a decimal point). The UT endowment is roughly $37 billion, second only to Harvard and Yale.

https://www.bloomberg.com/news/articles/...s-iu478xaj

We need to start taxing the sh*t out of those endowments. Some of these schools have become hedge funds with a college attached.

(12-04-2017 10:05 PM)91Alum Wrote:  

(12-04-2017 07:01 PM)Longhorn Wrote:  

(12-04-2017 02:36 PM)chicagoduke Wrote:  

(12-04-2017 01:32 PM)Purple Wrote:  Also, doesn't Rice have a buyout for Bailiff? He had a six-year contract extension through about 2020 for over a million a year. Pretty tough pill to swallow for a school with an athletic budget a little over half of ours.

Rice is an exceptionally rich school. They have a $5.6B endowment, which is 23rd biggest in the country. For reference, that's bigger than Southern Cal, Penn State, Ohio State, UNC, Wisconsin, Michigan State, UCLA, Oklahoma, Florida, TCU, Alabama, AND University of Texas Longhorns.

If Rice wants to invest in their athletics (i.e. coaches), the money is there. It's just a matter of priorities for them.

You're a bit off regarding the U. of Texas endowment, but carry on. By the way, the wikipedia entry (which you likely referenced that says UT endowment is $3.7 billion misplaced a decimal point). The UT endowment is roughly $37 billion, second only to Harvard and Yale.

https://www.bloomberg.com/news/articles/...s-iu478xaj

We need to start taxing the sh*t out of those endowments. Some of these schools have become hedge funds with a college attached.

Slippery slope, and will never happen. I could see a “spending target” that must be met. In reality, most endowments draw 4-6%/year, with the majority going to scholarships. Those scholarships will be taxed as income under the new GOP tax plan...

Those large endowments are a result of old schools and the power of compounding combined with good stewardship. Tax them, and you’d have to tax all nonprofits.

Now, if your getting rich off federal tuition assistance like Liberty, my opinion would be different.

(12-04-2017 07:01 PM)Longhorn Wrote:  

(12-04-2017 02:36 PM)chicagoduke Wrote:  

(12-04-2017 01:32 PM)Purple Wrote:  Also, doesn't Rice have a buyout for Bailiff? He had a six-year contract extension through about 2020 for over a million a year. Pretty tough pill to swallow for a school with an athletic budget a little over half of ours.

Rice is an exceptionally rich school. They have a $5.6B endowment, which is 23rd biggest in the country. For reference, that's bigger than Southern Cal, Penn State, Ohio State, UNC, Wisconsin, Michigan State, UCLA, Oklahoma, Florida, TCU, Alabama, AND University of Texas Longhorns.

If Rice wants to invest in their athletics (i.e. coaches), the money is there. It's just a matter of priorities for them.

You're a bit off regarding the U. of Texas endowment, but carry on. By the way, the wikipedia entry (which you likely referenced that says UT endowment is $3.7 billion misplaced a decimal point). The UT endowment is roughly $37 billion, second only to Harvard and Yale.

https://www.bloomberg.com/news/articles/...s-iu478xaj

I stand corrected, they're 24th, not 23rd. I don't think this changes the point I was attempting to make.

I believe the new tax bill will dictate that any university with a $500K per student endowment will be heavily taxed. I'm not 100% sure on that but I believe I read that when I was gathering information on the bill.

(12-05-2017 10:26 AM)Dadgum Wrote:  I believe the new tax bill will dictate that any university with a $500K per student endowment will be heavily taxed. I'm not 100% sure on that but I believe I read that when I was gathering information on the bill.

Yep...1.4% on net investment income. When endowments are trying to grow at 1-2% over inflation long term, this is a nut kick.

Foolish too....of course, that applies to much of the tax bill.


https://www.politico.com/magazine/story/...ies-215992

Stanford OC Mike Bloomgren will be named coach at Rice:)

Has Mike Houston accepted the job at Tennessee yet? The nice guy who comes around to empty waste baskets from offices said he got a call from UT gauging his interest last night and may be interested...otherwise, he's holding out hope to one day get a call from his alma mater, Liberty.

UCF hires Josh Huepel.

(12-05-2017 11:43 AM)JMU2004 Wrote:  UCF hires Josh Huepel.

Heupel played his freshman year at Weber State.

(12-05-2017 11:40 AM)Wear Purple Wrote:  Has Mike Houston accepted the job at Tennessee yet? The nice guy who comes around to empty waste baskets from offices said he got a call from UT gauging his interest last night and may be interested...otherwise, he's holding out hope to one day get a call from his alma mater, Liberty.

Has his committed any crimes that certain Americans are willing to overlook? If so, he’s hired!

(12-04-2017 10:43 PM)chicagoduke Wrote:  

(12-04-2017 07:01 PM)Longhorn Wrote:  

(12-04-2017 02:36 PM)chicagoduke Wrote:  

(12-04-2017 01:32 PM)Purple Wrote:  Also, doesn't Rice have a buyout for Bailiff? He had a six-year contract extension through about 2020 for over a million a year. Pretty tough pill to swallow for a school with an athletic budget a little over half of ours.

Rice is an exceptionally rich school. They have a $5.6B endowment, which is 23rd biggest in the country. For reference, that's bigger than Southern Cal, Penn State, Ohio State, UNC, Wisconsin, Michigan State, UCLA, Oklahoma, Florida, TCU, Alabama, AND University of Texas Longhorns.

If Rice wants to invest in their athletics (i.e. coaches), the money is there. It's just a matter of priorities for them.

You're a bit off regarding the U. of Texas endowment, but carry on. By the way, the wikipedia entry (which you likely referenced that says UT endowment is $3.7 billion misplaced a decimal point). The UT endowment is roughly $37 billion, second only to Harvard and Yale.

https://www.bloomberg.com/news/articles/...s-iu478xaj

I stand corrected, they're 24th, not 23rd. I don't think this changes the point I was attempting to make.

Well, UT's endowment isn't eclipsed by Rice University, and its not even close, if that was part of your point.

(12-05-2017 11:43 AM)JMU2004 Wrote:  UCF hires Josh Huepel.

Rice and UCF hiring coordinators instead of HCs will hopefully calm the waters.

(12-05-2017 11:43 AM)JMU2004 Wrote:  UCF hires Josh Huepel.

@PaulMyerberg
Heupel is the 10th former Bob Stoops assistant to become an FBS HC: Leach, Mangino, Mike Stoops, Chuck Long, Sumlin, Pelini, Kevin Wilson, Lincoln Riley, Norvell and Heupel. That's quite a legacy.

bob stoops and les miles coming back would help even more

Looks like Auburn and Georgia DC's are getting 2nd interviews at UT. It appears they've got their candidates.

Purple, i'm not responding to your novel, but yes... you're out of your mind if you think we can pay Houston $1M/year. but if you think it's so easy to raise that kind of money, by all means, get started on that. volunteer your time, your energy, set up a website, make some calls.... go! You make it sound easy, so i'd love to see it happen. go for it. that would be awesome.

(12-05-2017 12:45 PM)Longhorn Wrote:  

(12-04-2017 10:43 PM)chicagoduke Wrote:  

(12-04-2017 07:01 PM)Longhorn Wrote:  

(12-04-2017 02:36 PM)chicagoduke Wrote:  

(12-04-2017 01:32 PM)Purple Wrote:  Also, doesn't Rice have a buyout for Bailiff? He had a six-year contract extension through about 2020 for over a million a year. Pretty tough pill to swallow for a school with an athletic budget a little over half of ours.

Rice is an exceptionally rich school. They have a $5.6B endowment, which is 23rd biggest in the country. For reference, that's bigger than Southern Cal, Penn State, Ohio State, UNC, Wisconsin, Michigan State, UCLA, Oklahoma, Florida, TCU, Alabama, AND University of Texas Longhorns.

If Rice wants to invest in their athletics (i.e. coaches), the money is there. It's just a matter of priorities for them.

You're a bit off regarding the U. of Texas endowment, but carry on. By the way, the wikipedia entry (which you likely referenced that says UT endowment is $3.7 billion misplaced a decimal point). The UT endowment is roughly $37 billion, second only to Harvard and Yale.

https://www.bloomberg.com/news/articles/...s-iu478xaj

I stand corrected, they're 24th, not 23rd. I don't think this changes the point I was attempting to make.

Well, UT's endowment isn't eclipsed by Rice University, and its not even close, if that was part of your point.

The overall point was that Rice has tons of cash at its disposal. If they wanted to spend a boatload on football, they could. They have the money to get just about any coach they want. They just choose not to. They have other priorities....academics.

So, Oregon's Willie Taggart just got hired as FSU's new coach. Here is a tweet from him a couple days ago, when he was also quoted as saying "there is no decision to be made" regarding the new job rumor.

Willie Taggart

@CoachTaggart
Looking forward to a great day tomorrow with our team. Practice, find out where & who we play in the bowl game, 2017 Team banquet and then back on the road recruiting. Go Ducks! #TheMovement18
9:08 PM - Dec 2, 2017

I post this only as a warning to those who are (I believe) reading way too much into HCMH's statements about staying put.

SMU will be opening up.