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FINANCIALLY IT WAS EASIER FOR PSU TO FIRE FRANKLIN THAN IT WILL BE FOR FSU TO FIRE NORVELL

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OrangeBowl 1984

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PSU was actually in a better position financial to fire Franklin (although I agree football wise it did not make sense), than FSU is to fire Norvell, because Franklin is the better coach. This may seem contradictory on its face, but I will explain. Franklin, on the open market, will be in much higher demand than Norvell and both of their contracts require them to seek future gainful employment as coaches at market rates. Breaking this down further, Franklin is due approximately 53 million over the next 6.5 years - approximately 8.5 million per year until 2031. Due to his relative success, Franklin likely would be able to get a job from a power 4 school (hopefully not FSU or Florida because he can recruit) in the 6 to 8 million range. This would offset the vast majority of money PSU would owe him.

Florida State is not so fortunate. Norvell can't recruit at a high level and (other than 1 aberrant year) has been a weak P4 coach. Probably the best job he could get at this point would be something like his old Memphis job (paying about 2.5 million per year). This would leave FSU on the hook for the vast majority of the 54 million due under his current deal. This is why PSU could fire the better coach and FSU can't fire a coach that hasn't won a conference game in over a year.
 
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OrangeBowl 1984 said:
PSU was actually in a better position financial to fire Franklin (although I agree football wise it did not make sense), than FSU is to fire Norvell, because Franklin is the better coach. This may seem contradictory on its face, but I will explain. Franklin, on the open market, will be in much higher demand than Norvell and both of their contracts require them to seek future gainful employment as coaches at market rates. Breaking this down further, Franklin is due approximately 53 million over the next 6.5 years - approximately 8.5 million per year until 2031. Due to his relative success, Franklin likely would be able to get a job from a power 4 school (hopefully not FSU or Florida because he can recruit) in the 6 to 8 million range. This would offset the vast majority of money PSU would owe him.

Florida State is not so fortunate. Norvell can't recruit at a high level and (other than 1 aberrant year) has been a weak P4 coach. Probably the best job he could get at this point would be something like his old Memphis job (paying about 2.5 million per year). This would leave FSU on the hook for the vast majority of the 54 million due under his current deal. This is why PSU could fire the better coach and FSU can't fire a coach that hasn't won a conference game in over a year.
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JHallCanes said:
You really went through the account creation process for this
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It's been too long ago for you my brotha, this dude has been contemplating this post for several days now. The pressure is real on CIS.

Also side note but thought Sexton negotiated a buy out where Norvell gets paid regardless of landing spot or not. They're on the hook any which way ya slice it.
 
OrangeBowl 1984 said:
PSU was actually in a better position financial to fire Franklin (although I agree football wise it did not make sense), than FSU is to fire Norvell, because Franklin is the better coach. This may seem contradictory on its face, but I will explain. Franklin, on the open market, will be in much higher demand than Norvell and both of their contracts require them to seek future gainful employment as coaches at market rates. Breaking this down further, Franklin is due approximately 53 million over the next 6.5 years - approximately 8.5 million per year until 2031. Due to his relative success, Franklin likely would be able to get a job from a power 4 school (hopefully not FSU or Florida because he can recruit) in the 6 to 8 million range. This would offset the vast majority of money PSU would owe him.

Florida State is not so fortunate. Norvell can't recruit at a high level and (other than 1 aberrant year) has been a weak P4 coach. Probably the best job he could get at this point would be something like his old Memphis job (paying about 2.5 million per year). This would leave FSU on the hook for the vast majority of the 54 million due under his current deal. This is why PSU could fire the better coach and FSU can't fire a coach that hasn't won a conference game in over a year.
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Financially speaking, how much more would you have to had shell out for a laptop with CAPs control?
 
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OrangeBowl 1984 said:
PSU was actually in a better position financial to fire Franklin (although I agree football wise it did not make sense), than FSU is to fire Norvell, because Franklin is the better coach. This may seem contradictory on its face, but I will explain. Franklin, on the open market, will be in much higher demand than Norvell and both of their contracts require them to seek future gainful employment as coaches at market rates. Breaking this down further, Franklin is due approximately 53 million over the next 6.5 years - approximately 8.5 million per year until 2031. Due to his relative success, Franklin likely would be able to get a job from a power 4 school (hopefully not FSU or Florida because he can recruit) in the 6 to 8 million range. This would offset the vast majority of money PSU would owe him.

Florida State is not so fortunate. Norvell can't recruit at a high level and (other than 1 aberrant year) has been a weak P4 coach. Probably the best job he could get at this point would be something like his old Memphis job (paying about 2.5 million per year). This would leave FSU on the hook for the vast majority of the 54 million due under his current deal. This is why PSU could fire the better coach and FSU can't fire a coach that hasn't won a conference game in over a year.
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Actually makes sense, unless there’s some friendly arbitration or hidden performance clause that reduces Norvell’s buyout we’re unfamiliar w.
 
EudocimusAlbus said:
It's been too long ago for you my brotha, this dude has been contemplating this post for several days now. The pressure is real on CIS.

Also side note but thought Sexton negotiated a buy out where Norvell gets paid regardless of landing spot or not. They're on the hook any which way ya slice it.
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The December 2024 amendment provides for offset language and states Norvell has to seek a market salary after termination.
 
If Maryland doesn’t start winning they’re gonna fire Locksley and try to get James Franklin.
 
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Franklin will get a deal structured like this:

10 years for $100 million
The first 6 years (until 2031) are $1 per year
Last 4 years are $25 million/year
Buyout is some percentage of the total value

Good for him, because he gets essentially double pay
Good for the team, because they defer those costs for 6 years - and can buy players with the cash
 
OrangeBowl 1984 said:
PSU was actually in a better position financial to fire Franklin (although I agree football wise it did not make sense), than FSU is to fire Norvell, because Franklin is the better coach. This may seem contradictory on its face, but I will explain. Franklin, on the open market, will be in much higher demand than Norvell and both of their contracts require them to seek future gainful employment as coaches at market rates. Breaking this down further, Franklin is due approximately 53 million over the next 6.5 years - approximately 8.5 million per year until 2031. Due to his relative success, Franklin likely would be able to get a job from a power 4 school (hopefully not FSU or Florida because he can recruit) in the 6 to 8 million range. This would offset the vast majority of money PSU would owe him.

Florida State is not so fortunate. Norvell can't recruit at a high level and (other than 1 aberrant year) has been a weak P4 coach. Probably the best job he could get at this point would be something like his old Memphis job (paying about 2.5 million per year). This would leave FSU on the hook for the vast majority of the 54 million due under his current deal. This is why PSU could fire the better coach and FSU can't fire a coach that hasn't won a conference game in over a year.
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Your 2d porst STARTED OUT STRONG WITH ALL CAPS title, then you lost focus by going sentence case in thread.

CIS demands high motors.

Get your **** tight.

Let's do the rep again.

Also, it was reported Franklin's contractual employment pursuits were fairly open ended...coaching, media, "consulting", etc...

Powerful incentive for him to take less, not that he would, but possibility exists.
 
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OrangeBowl 1984 said:
PSU was actually in a better position financial to fire Franklin (although I agree football wise it did not make sense), than FSU is to fire Norvell, because Franklin is the better coach. This may seem contradictory on its face, but I will explain. Franklin, on the open market, will be in much higher demand than Norvell and both of their contracts require them to seek future gainful employment as coaches at market rates. Breaking this down further, Franklin is due approximately 53 million over the next 6.5 years - approximately 8.5 million per year until 2031. Due to his relative success, Franklin likely would be able to get a job from a power 4 school (hopefully not FSU or Florida because he can recruit) in the 6 to 8 million range. This would offset the vast majority of money PSU would owe him.

Florida State is not so fortunate. Norvell can't recruit at a high level and (other than 1 aberrant year) has been a weak P4 coach. Probably the best job he could get at this point would be something like his old Memphis job (paying about 2.5 million per year). This would leave FSU on the hook for the vast majority of the 54 million due under his current deal. This is why PSU could fire the better coach and FSU can't fire a coach that hasn't won a conference game in over a year.
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Is that right?
 
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