Tomball Owl
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RE: Graham gone (the other one, relax)
(11-26-2017 02:48 PM)greyowl72 Wrote: (11-26-2017 12:16 PM)Tiki Owl Wrote: Sumlin to ASU is the general feeling. He turned them down and took the Aggie job instead.
Sumlin to ASU.
?The Toad to Arkansas?
Well, it is his dream job.
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11-26-2017 03:17 PM |
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waltgreenberg
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RE: Graham gone (the other one, relax)
Actually, I think Toad is laughing all the way to the bank...
Quote:Darren RovellVerified account
@darrenrovell
4h4 hours ago
More
UPDATE: Todd Graham’s buyout is $12.3 million that is his, won’t be offset by any new job, per @ByBerkowitz. Incredibly irresponsible deal.
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11-26-2017 04:44 PM |
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Antarius
Say no to cronyism
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RE: Graham gone (the other one, relax)
(11-26-2017 04:44 PM)waltgreenberg Wrote: Actually, I think Toad is laughing all the way to the bank...
Quote:Darren RovellVerified account
@darrenrovell
4h4 hours ago
More
UPDATE: Todd Graham’s buyout is $12.3 million that is his, won’t be offset by any new job, per @ByBerkowitz. Incredibly irresponsible deal.
Absolutely. Some of these deals are mind blowing. They rival Leo Apothekar's payout after a 10 month Rick Greenspan-eqse tenure at HP and Jeff Smisek's 40 million golden parachute from United after being fired with an ongoing corruption probe. Performance doesn't matter - these deals have horrible exit clauses.
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11-26-2017 04:50 PM |
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WoodlandsOwl
Up in the Woods
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RE: Graham gone (the other one, relax)
(11-26-2017 04:50 PM)Antarius Wrote: (11-26-2017 04:44 PM)waltgreenberg Wrote: Actually, I think Toad is laughing all the way to the bank...
Quote:Darren RovellVerified account
@darrenrovell
4h4 hours ago
More
UPDATE: Todd Graham’s buyout is $12.3 million that is his, won’t be offset by any new job, per @ByBerkowitz. Incredibly irresponsible deal.
Absolutely. Some of these deals are mind blowing. They rival Leo Apothekar's payout after a 10 month Rick Greenspan-eqse tenure at HP and Jeff Smisek's 40 million golden parachute from United after being fired with an ongoing corruption probe. Performance doesn't matter - these deals have horrible exit clauses.
Might explain some things. Rice won’t agree to insane Exit Clauses. Thus Rice is stuck with a Candidate Pool that doesn’t warrant this financial consideration.
And if any New Hire turns things around then Rice gets stuck in the “Bailiff Trap” once again.
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11-26-2017 05:10 PM |
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Antarius
Say no to cronyism
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RE: Graham gone (the other one, relax)
(11-26-2017 05:10 PM)WoodlandsOwl Wrote: (11-26-2017 04:50 PM)Antarius Wrote: (11-26-2017 04:44 PM)waltgreenberg Wrote: Actually, I think Toad is laughing all the way to the bank...
Quote:Darren RovellVerified account
@darrenrovell
4h4 hours ago
More
UPDATE: Todd Graham’s buyout is $12.3 million that is his, won’t be offset by any new job, per @ByBerkowitz. Incredibly irresponsible deal.
Absolutely. Some of these deals are mind blowing. They rival Leo Apothekar's payout after a 10 month Rick Greenspan-eqse tenure at HP and Jeff Smisek's 40 million golden parachute from United after being fired with an ongoing corruption probe. Performance doesn't matter - these deals have horrible exit clauses.
Might explain some things. Rice won’t agree to insane Exit Clauses. Thus Rice is stuck with a Candidate Pool that doesn’t warrant this financial consideration.
And if any New Hire turns things around then Rice gets stuck in the “Bailiff Trap” once again.
I don't know who insists on these crazy buyout clauses. I speculate it is the school - protecting another school from coming by snooping and if they do, putting them on the hook for a payout. In this case, if the Toad had kept up his first few years and another "dream job" had popped up in the $EC, then ASU would be owed a chunk of change for their next coach. Kind of like Ronaldo's 1 billion buyout or whatever at Real Madrid.
With Rice.. at our budget, it isn't that much of an issue. Whatever buyout we put in place, it isn't going to stop a UT or LSU from poaching our guy, they can afford it. Would be interesting if we could work a lower buyout as if our guy wants to leave.. then let him; employees who don't want to be there are rarely an asset to an organization.
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11-26-2017 05:18 PM |
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Owl 69/70/75
Just an old rugby coach
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RE: Graham gone (the other one, relax)
I'd still go with paying as much as we can with tiny buyouts both ways. There are guys who are young and aggressive who want to come here 3 years, turn it around, and parlay it into a bigger deal somewhere else. That's fine with me. A guy who does that will leave us in far better shape than he finds us, and the next guy can take the next step.
With a tiny buyout, if we make a mistake we can get rid of him more easily. If we're going to be changing coaches, we need to be able to get rid of a mistake easily.
I agree 100% that if he wants to leave, he won't be a positive staying here. So let him go. Nothing would make me happier than to hire a guy and have aTm or LSU or ND hire him away in 3 years. Just think how good we would have to be to make that happen. I'd much rather have somebody that they want than somebody that nobody wants.
(This post was last modified: 11-26-2017 05:33 PM by Owl 69/70/75.)
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11-26-2017 05:32 PM |
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Kayjay
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RE: Graham gone (the other one, relax)
I am not sure that Kevin Sumlin, (or any highly qualified coaching candidate) will take a job where he is forced to keep the current remaining coaching staff, which seems to be the stance of the ASU VP of Athletics. His only problem was with the head coach, and that was such a problem that he is willing to take an $12.3 mm haircut from his budget. There must have been some really bad blood between coach Graham and the Athletic department head.
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11-28-2017 09:50 AM |
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texd
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RE: Graham gone (the other one, relax)
(11-26-2017 12:55 PM)WoodlandsOwl Wrote: Toad can do the quickie course at the Craig James School of Sports Broadcasting and next Fall he’ll be a commentator on ESPN3 or Facebook Spirts.
Todd Graham is as sleazy as they come, but to my knowledge, he never killed 5 hookers at SMU.
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11-28-2017 11:06 AM |
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HawaiiOwl
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RE: Graham gone (the other one, relax)
(11-28-2017 11:06 AM)texd Wrote: (11-26-2017 12:55 PM)WoodlandsOwl Wrote: Toad can do the quickie course at the Craig James School of Sports Broadcasting and next Fall he’ll be a commentator on ESPN3 or Facebook Spirts.
Todd Graham is as sleazy as they come, but to my knowledge, he never killed 5 hookers at SMU.
where does that come from?
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11-28-2017 11:15 AM |
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ChicagoOwl (BS '07)
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RE: Graham gone (the other one, relax)
(11-26-2017 12:12 PM)Baconator Wrote: AZ State is buying out the last 4 years and >$11 million on his contract. According to Twitter CBS writer.
man, why do schools keep signing these guys to like 8 year contracts??
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11-28-2017 11:23 AM |
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Tomball Owl
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RE: Graham gone (the other one, relax)
(11-28-2017 11:23 AM)ChicagoOwl (BS 07) Wrote: (11-26-2017 12:12 PM)Baconator Wrote: AZ State is buying out the last 4 years and >$11 million on his contract. According to Twitter CBS writer.
man, why do schools keep signing these guys to like 8 year contracts??
Dream jobs don't come cheap.
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11-28-2017 12:23 PM |
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Owl 69/70/75
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RE: Graham gone (the other one, relax)
(11-28-2017 09:50 AM)Kayjay Wrote: I am not sure that Kevin Sumlin, (or any highly qualified coaching candidate) will take a job where he is forced to keep the current remaining coaching staff, which seems to be the stance of the ASU VP of Athletics. His only problem was with the head coach, and that was such a problem that he is willing to take an $12.3 mm haircut from his budget. There must have been some really bad blood between coach Graham and the Athletic department head.
For $12 million, you'll keep a lot of people on staff. And if one of them doesn't work out, he'll leave on his own in a year or two, at most.
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11-28-2017 01:30 PM |
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tanqtonic
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RE: Graham gone (the other one, relax)
(11-28-2017 01:30 PM)Owl 69/70/75 Wrote: (11-28-2017 09:50 AM)Kayjay Wrote: I am not sure that Kevin Sumlin, (or any highly qualified coaching candidate) will take a job where he is forced to keep the current remaining coaching staff, which seems to be the stance of the ASU VP of Athletics. His only problem was with the head coach, and that was such a problem that he is willing to take an $12.3 mm haircut from his budget. There must have been some really bad blood between coach Graham and the Athletic department head.
For $12 million, you'll keep a lot of people on staff. And if one of them doesn't work out, he'll leave on his own in a year or two, at most.
I read somewhere that UT has paid somewhere in neighborhood of 50+ million dollars to get Herman and company in place.
Bought out Mack, paid the buyout to Strong's former employer (4.5 million) and all the buyouts of his assistants (another 2 million or so). Then they paid him roughly 20 million for the years worked and another 20 million-ish for his assistants during his tenure.
Come 4 years later they buyout Strong and all his assistants (roughly 10 million total), then pay UH all the buyout monies for Herman and all of his assistants again (5-6 million total). And on top of it you have normal 'wear and tear' of Herman's 5 million + contract and roughly 4.5 million more for assistants.
So in three years UT has gobbled through about 60 million in cash for coaches, with 28 million being burned in the 2016 season for all the Strong-era salaries, Herman-era salaries, and buyout monies
12 mill is for the JV players in college sports.....
(This post was last modified: 11-29-2017 09:04 PM by tanqtonic.)
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11-29-2017 09:02 PM |
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Fort Bend Owl
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RE: Graham gone (the other one, relax)
Apparently Herm Edwards might be named the new head coach of the Sun Devils, while retaining all of Graham's old staff.
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11-29-2017 09:14 PM |
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