Proven head coaches are rarely on the market.
Michigan and Alabama didn't have no trouble
Michigan football revenue - 91 Million / year
Alabama football revenue - 94 Million / year
That's JUST football.
UM? 33 Million.
Now let that sink in... Michigan....and Alabama make 3 times the money UM does....about 60 million dollars more.
To give you an idea of just how insane that money is....
The yearly salary cap for the NFL is 143 Million / year. Michigan and Alabama make enough money to field 2/3 on a present day NFL roster..
Part of me questions the accuracy of those numbers, but part of me wouldn't be surprised if they were true.
If you want to look at the finances of any institution for athletics you can get it
here
Basically all institutions (even private ones like UM) have to report their athletic budgets/expenditures to the Federal Government.
Basically you go in. Type the name of the institution and they have tons of financials...on how much revenue they make. How much they spend on football. What their profit margin is etc.
Here are some interesting facts... Alabama absolutely makes 91 million on football every year...yet they spend only 26 million. Meaning they have 65 million to invest in other sports/ do whatever they want with it. Somehow they spent it on other stuff...I have no idea I'm sure a lot of that is slushed away, but still they posted a total athletic profit of 13 million dollars. That's pure cash the University can do whatever they want with.
Now to contrast that with UM...we made 33 Million in revenue from football...And spent 27 million...
Yes... Miami spent MORE money than Alabama on football believe it or not but 33 Million - 27 million yields only 6 million for other sports as compared to Alabama's gigantic 65 million.
Now the cost of operating in Miami is about 127.5% higher so factoring how much Alabama is spending in Miami dollars would be about 58.5 Million...but revenue wise would also be increased by that kind of a factor... making the revenue an unbelievable 200 Million dollars...every...year.
So to sum it up. Alabama makes an insane amount of money. If UM was on Alabama's level in terms of revenue it would be making 200 Million a year in football and spending about 60 on it.
Right now we are basically spending half that...and making 16% of what Alabama makes proportionally. If the Board and Admin actually really looked at the numbers across the country and saw what COULD be achieved if they were smart...it would blow their mind.... The part of them not caring about football is what is absolutely maddening....because with how bad the fins are how the heat aren't the same with Lebron not around there is a gigantic opportunity to capture the Miami sports market and cash in on a gigantic level....but it is what it is...
We have folden and nobody goes to see the games, and we suck.... congrats BoT and Admin...