Whatever you all want to call it, I don't see UM spending the kind of money the top programs do on a coach. If they were inclined or even able to do it, they sure haven't shown it with the last few hires.
Then you get into the question of, lets say you can offer 3m. Who are you going to offer that to? Who does that really get you? You aren't going to lure a Nick Saban or Urban Meyer to Miami at 3M. You wouldn't even get Garry Patterson out of TCU for 3m. So then who? Mark Stoops? Is Mark Stoops worth 3M a year?
$3M would get you pretty much what we got. A coach happy to be in the top 50 of highest paid coaches. I think Alfred is like in the mid 40's of that list now. You can have Mark Stoops but that's a different discussion.
$3 million would actually get you in the top 25 of all college coaches. It would put us up there with Ole Miss, Nebraska, Louisville, and right behind Clemson, UCLA, Georgia, Baylor. That's total pay too, including bonuses, not just base salary.