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Tears Nole Tears (“Offcial”)

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Hurracanes said:
I just don’t understand how a program like FSU, who has had incredible success the last 40 years, can be this incompetent and broke knowing they just won a national title nearly 10 years ago. It’s very possible they struck gold twice with Bowden and Jimbo and are ****ed now. Oh, well…

You hate to see it. -LUCane voice
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FSU was already having financial problems. Then they started losing and their game day revenues went down, which made it worse. Then they REALLY started losing with Taggart, who they overpaid for, and their game day revenues took an even BIGGER hit. Then they had to fire Taggart, who again, was overpaid, and had to pay his massive buyout which put them further behind the 8-ball. Now they really can't afford to fire Norvell and pay his gigantic buyout.

And even if they just did it, they would then have to not only cough up the budget to hire a $6M-$8M/year coach who is better than him, but they'd have to do what we are doing, committing tens of millions of dollars to the annual football budget and some lump sums for capital improvements to even draw that $6M-$8M coach.

They can't even fix their 1960's trough urinals. You think they have the money to do any of the above?

They are caught in quicksand. It's going to be hard for them to get out anytime soon.
 
Cryptical Envelopment said:
FSU was already having financial problems. Then they started losing and their game day revenues went down, which made it worse. Then they REALLY started losing with Taggart, who they overpaid for, and their game day revenues took an even BIGGER hit. Then they had to fire Taggart, who again, was overpaid, and had to pay his massive buyout which put them further behind the 8-ball. Now they really can't afford to fire Norvell and pay his gigantic buyout.

And even if they just did it, they would then have to not only cough up the budget to hire a $6M-$8M/year coach who is better than him, but they'd have to do what we are doing, committing tens of millions of dollars to the annual football budget and some lump sums for capital improvements to even draw that $6M-$8M coach.

They can't even fix their 1960's trough urinals. You think they have the money to do any of the above?

They are caught in quicksand. It's going to be hard for them to get out anytime soon.
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Cryptical Envelopment said:
FSU was already having financial problems. Then they started losing and their game day revenues went down, which made it worse. Then they REALLY started losing with Taggart, who they overpaid for, and their game day revenues took an even BIGGER hit. Then they had to fire Taggart, who again, was overpaid, and had to pay his massive buyout which put them further behind the 8-ball. Now they really can't afford to fire Norvell and pay his gigantic buyout.

And even if they just did it, they would then have to not only cough up the budget to hire a $6M-$8M/year coach who is better than him, but they'd have to do what we are doing, committing tens of millions of dollars to the annual football budget and some lump sums for capital improvements to even draw that $6M-$8M coach.

They can't even fix their 1960's trough urinals. You think they have the money to do any of the above?

They are caught in quicksand. It's going to be hard for them to get out anytime soon.
Click to expand...
So we're going to enjoy another 2-3 years of this at least.
 
d--1 said:
Miami is showing they're committed to being a top program nationally. FSU is falling further and further behind.

Couldn't happen to a better program if you ask me.
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So when fsu sucks this coming CFB season does Herbstreet get on national TV and make the same ploy for them as he did us??
 
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Hurracanes said:
I just don’t understand how a program like FSU, who has had incredible success the last 40 years, can be this incompetent and broke knowing they just won a national title nearly 10 years ago. It’s very possible they struck gold twice with Bowden and Jimbo and are ****ed now. Oh, well…

You hate to see it. -LUCane voice
Click to expand...
That situation doesn't seem a little bit familiar to you?
 
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Hurracanes said:
I think you’re comparing them to Miami?

FSU is a public university who has won championships and have a large fan base. They have way more resources and funding than we do. Not exactly the same situation.
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We have to be careful with this concept.

Yes, F$U, as an institution, gets a lot of state money.

But the athletics programs, particularly football, are subject to state law constraints, and are very reliant on fund-raising and the booster club activities.

This is where F$U has fallen behind. They have NOT been raising as much money as, say, the Gaytors do, and they have not exactly spent their money very well either (cough, cough, football coach buyouts).
 
Hurracanes said:
I think you’re comparing them to Miami?

FSU is a public university who has won championships and have a large fan base. They have way more resources and funding than we do. Not exactly the same situation.
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If they have more funding than Miami, they're doing a great job or hiding it. That or someone is stealing it. Well documented how broke they are.
 
Cryptical Envelopment said:
FSU was already having financial problems. Then they started losing and their game day revenues went down, which made it worse. Then they REALLY started losing with Taggart, who they overpaid for, and their game day revenues took an even BIGGER hit. Then they had to fire Taggart, who again, was overpaid, and had to pay his massive buyout which put them further behind the 8-ball. Now they really can't afford to fire Norvell and pay his gigantic buyout.

And even if they just did it, they would then have to not only cough up the budget to hire a $6M-$8M/year coach who is better than him, but they'd have to do what we are doing, committing tens of millions of dollars to the annual football budget and some lump sums for capital improvements to even draw that $6M-$8M coach.

They can't even fix their 1960's trough urinals. You think they have the money to do any of the above?

They are caught in quicksand. It's going to be hard for them to get out anytime soon.
Click to expand...

Facts. Football programs are equivalent to Fortune 2000 businesses now*. And college football is like any profit-rich industry that's consolidating under a few dominant competitors, to which all the big smart money flows. And FSU cannot compete.

Arguably the best positioned programs in the country are Miami and USC because they are the most storied teams in major media markets, which is where the NIL money will flow eventually. Notre Dame because of Chicago presence and it's Catholic following may be another one.

Programs with bigtime boosters like Bama, Georgia, A&M, Taint can shore up the gaps in true media value with shell NIL deals for a long time. But those are essentially ego-donations, not real endorsements, and I suspect that eventually (5-10 years from now), they won't be able to keep pace. And anyway, that money should be going to the schools.



*Should be taxed, but that's a discussion for another day
 
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