TedHendricksOffSpring.....what you hearin, bro

[01Canes]

In my defense, I was originally told that his buyout was much lower and that 7-5 was going to put him in jeopardy because the expectations this season were built so high. I was wrong. I'm sorry. Other than that miss, I've been right on everything else so far.

The students were tasked with finding names while the supervisors decided which ones made the cut. We were all upperclass men and we were hardly running the show.

So where do we go from here?

The best bit I can tell you is this isn't over yet.

I hope you're right, but this situation sounds as grim as it gets.

The administration is too cheap to pay the cost of the buyout and too apathetic/shortsighted to recognize or care about the irreparable harm they're doing to the on-field product, recruiting, alumni and fan morale, etc. They have zero respect for their fans, assume they'll blindly replicate last season's ticket sales after a disastrous season that has seemingly everyone except for them irate, and truly believe the former players/alumni/fans are bluffing with threats of becoming disinterested, refusing to donate, and opting not to buy season tickets next year.

And apparently they're not going to fire him even if/when we lose the bowl game and have a losing record in Golden's fourth year on the job. The only semblance of hope relies on the remote possibility that another school wants to take him off our hands, which seems completely unrealistic. Seems like we're f***** with no end in sight. This program is dead.

 

[sabrose]

UF wouldnt pay all of a 7 million buyout for MCelwein UM wont pay that much for Golden to leave.

 

[Jax Cane]

Hey people, regardless of the number, 5 million, 8 million whatever, its paid out over time. Its not a one time charge. Radio was getting checks for several years after he got sh$tcanned.

Bring Butch in and what ever the difference is it will get wiped out by increased attendance, concession sales, parking, merchandise etc. Not to mention that the U turned a NET PROFIT of $32 million this past year. We got the money. Potato...Patoto

 

[Cane Dynasty]

Hey people, regardless of the number, 5 million, 8 million whatever, its paid out over time. Its not a one time charge. Radio was getting checks for several years after he got sh$tcanned.

Bring Butch in and what ever the difference is it will get wiped out by increased attendance, concession sales, parking, merchandise etc. Not to mention that the U turned a NET PROFIT of $32 million this past year. We got the money. Potato...Patoto

That's why this whole thing is so frustrating.

 

[Tad Footeball]

You've literally explained this dozens of times, and people just can't seem to comprehend it. Having a group of students research names and throw them into a hat, really isn't doing much.
Also saying going 7-5 puts him in jeopardy still isn't wrong. He is in jeopardy. He still isn't getting fired, but that doesn't mean the BOT wasn't at least considering firing him, whereas a 8-9+ record they might not have even considered it (Still stupid).
You did say buyout was $8M, but I'm pretty sure in another thread you also confirmed that it does depend on how many years we pay it over, and that there were ways to reduce it, and seeing how everyone else is saying its around $3M, maybe there is a way to make it that amount.
But If it was just a $3M buyout, I doubt the BOT would use that as a reason for not firing him.
Thanks for all your info. Keep posting it when you get it, even if some don't believe you or whatever.

There's a difference between not comprehending and not believing the story about the list. The rest of your defense is lawyerball of statements that were either meaningless (by the bar you're trying to set) or just not true. Technically you're in "jeopardy" of dying a horrible death in a fiery crash every time you get in your car. That doesn't mean someone should give credence to "inside" info that sets a false standard predicting it's possible or even likely if you go above 75mph.

 

[Jax Cane]

With a buyout of 8 million, no one is getting Golden from us.

You do realize that the buyout is usually different for a coach being fired versus a coach leaving for a new gig??? Its the main reason that Butch (as he told it) left for Cleveland. He got peanuts if he got fired but had a huge buyout if he went to another college.

 

[LuCane]

Here I am.

I don't care what the admin is feeding publicly. A lot of them know Al sucks a bag of *** and there's a few reasons he is not fired now and hoping to coach linebackers at Purdue.

1. Money. His buyout is 7-8 million dollars and I have been told it's 8. Let me make it perfectly clear that the school has the money and more to burn. They just don't want to spend it.

I don't know you, so I don't know if you're trolling or from the WEZ. But, I have been told by more than one source very close to the program that it's nowhere near 7 or 8 million dollars. I've consistently been told the same number since even before the termination heat began. Totally possible for those guys to be wrong. They have been before.

Personally, I hope your number is wrong. For a number of reasons. Not the least of which it shows an absurdity in UM contracting. An 8 million dollar buyout on a 2+ million coach who had never won a meaningful game and ****ed off a lot of people with his PSU stunt? No bueno.

 

[The Franchise]

Ted, a couple days ago, you said Coley was "so gone" when the Kentucky rumors were flying. Still feel that way, or no?

 

[dycane]

Here I am.

I don't care what the admin is feeding publicly. A lot of them know Al sucks a bag of *** and there's a few reasons he is not fired now and hoping to coach linebackers at Purdue.

1. Money. His buyout is 7-8 million dollars and I have been told it's 8. Let me make it perfectly clear that the school has the money and more to burn. They just don't want to spend it.

I don't know you, so I don't know if you're trolling or from the WEZ. But, I have been told by more than one source very close to the program that it's nowhere near 7 or 8 million dollars. I've consistently been told the same number since even before the termination heat began. Totally possible for those guys to be wrong. They have been before.

Personally, I hope your number is wrong. For a number of reasons. Not the least of which it shows an absurdity in UM contracting. An 8 million dollar buyout on a 2+ million coach who had never won a meaningful game and ****ed off a lot of people with his PSU stunt? No bueno.

I have an impossible time accepting that the buyout is anything more than 2 years salary -- and even that is a stretch. Then again, this is Miami. And the CSU McElwain buyout number blew my mind. So, I guess it's possible. One thing I'd say with certainty: if Folden's buyout is north of $4mm, then there is no chance they will terminate his employment this year.

 

[LuCane]

Here I am.

I don't care what the admin is feeding publicly. A lot of them know Al sucks a bag of *** and there's a few reasons he is not fired now and hoping to coach linebackers at Purdue.

1. Money. His buyout is 7-8 million dollars and I have been told it's 8. Let me make it perfectly clear that the school has the money and more to burn. They just don't want to spend it.

I don't know you, so I don't know if you're trolling or from the WEZ. But, I have been told by more than one source very close to the program that it's nowhere near 7 or 8 million dollars. I've consistently been told the same number since even before the termination heat began. Totally possible for those guys to be wrong. They have been before.

Personally, I hope your number is wrong. For a number of reasons. Not the least of which it shows an absurdity in UM contracting. An 8 million dollar buyout on a 2+ million coach who had never won a meaningful game and ****ed off a lot of people with his PSU stunt? No bueno.

I have an impossible time accepting that the buyout is anything more than 2 years salary -- and even that is a stretch. Then again, this is Miami. And the CSU McElwain buyout number blew my mind. So, I guess it's possible. One thing I'd say with certainty: if Folden's buyout is north of $4mm, then there is no chance they will terminate his employment this year.

Been consistently told it's between 4 and 5 million dollars. That's still a ****load of money. It still shows Golden squeezed UM. 8 million? I wouldn't know what to say about that.

 

[dycane]

Here I am.

I don't care what the admin is feeding publicly. A lot of them know Al sucks a bag of *** and there's a few reasons he is not fired now and hoping to coach linebackers at Purdue.

1. Money. His buyout is 7-8 million dollars and I have been told it's 8. Let me make it perfectly clear that the school has the money and more to burn. They just don't want to spend it.

I don't know you, so I don't know if you're trolling or from the WEZ. But, I have been told by more than one source very close to the program that it's nowhere near 7 or 8 million dollars. I've consistently been told the same number since even before the termination heat began. Totally possible for those guys to be wrong. They have been before.

Personally, I hope your number is wrong. For a number of reasons. Not the least of which it shows an absurdity in UM contracting. An 8 million dollar buyout on a 2+ million coach who had never won a meaningful game and ****ed off a lot of people with his PSU stunt? No bueno.

I have an impossible time accepting that the buyout is anything more than 2 years salary -- and even that is a stretch. Then again, this is Miami. And the CSU McElwain buyout number blew my mind. So, I guess it's possible. One thing I'd say with certainty: if Folden's buyout is north of $4mm, then there is no chance they will terminate his employment this year.

Been consistently told it's between 4 and 5 million dollars. That's still a ****load of money. It still shows Golden squeezed UM. 8 million? I wouldn't know what to say about that.

That, my friend, would be a Folden parachute.

 

[wacane]

Ted is a fake. Gotta be

 

[pb5cane]

The 8 mil might include coordinators and asst coaches.

 

[dycane]

Florida is paying somewhere around $13mm to make its coaching change, including the subsidy for McElwain's buyout. Muschamp's buyout is north of $6mm AND it is not reduced if he takes another job.

 

[The Franchise]

Florida is paying somewhere around $13mm to make its coaching change, including the subsidy for McElwain's buyout. Muschamp's buyout is north of $6mm AND it is not reduced if he takes another job.

That's why we'll be at least 3rd fiddle in Florida. The two schools up north care far more about athletics than UM does.

 

[FullyERicht]

The 8 mil might include coordinators and asst coaches.

Coordinators don't get buyouts. They are on one year contracts.

 

[DJWilliams55]

Here I am.

I don't care what the admin is feeding publicly. A lot of them know Al sucks a bag of *** and there's a few reasons he is not fired now and hoping to coach linebackers at Purdue.

1. Money. His buyout is 7-8 million dollars and I have been told it's 8. Let me make it perfectly clear that the school has the money and more to burn. They just don't want to spend it.

I don't know you, so I don't know if you're trolling or from the WEZ. But, I have been told by more than one source very close to the program that it's nowhere near 7 or 8 million dollars. I've consistently been told the same number since even before the termination heat began. Totally possible for those guys to be wrong. They have been before.

Personally, I hope your number is wrong. For a number of reasons. Not the least of which it shows an absurdity in UM contracting. An 8 million dollar buyout on a 2+ million coach who had never won a meaningful game and ****ed off a lot of people with his PSU stunt? No bueno.

I have an impossible time accepting that the buyout is anything more than 2 years salary -- and even that is a stretch. Then again, this is Miami. And the CSU McElwain buyout number blew my mind. So, I guess it's possible. One thing I'd say with certainty: if Folden's buyout is north of $4mm, then there is no chance they will terminate his employment this year.

Been consistently told it's between 4 and 5 million dollars. That's still a ****load of money. It still shows Golden squeezed UM. 8 million? I wouldn't know what to say about that.

Lu, keep in mind when the extension came about we had just gone under the Cloud and the admin was scrambling for some continuity so I don't doubt Foldin had more than enough leverage to insist on massively high buyout figures in addition to full and sole staff control, the latter of which he is currently exercising to poke the admin in the eye.

I wouldn't doubt the buyout being super high given the circumstances in 2011.

 

[pb5cane]

The 8 mil might include coordinators and asst coaches.

Coordinators don't get buyouts. They are on one year contracts.

Top assistant coaches are also inking long-term contracts. Here, though, many assistants are given contractual exceptions not afforded head coaches, whose exit usually means wholesale change.

At the UofA, both top assistants have multi-year contracts and buyout clauses.
http://www.arkansasmoneyandpolitics.com/amp/May-June-2014/Pay-You-Pay-Me/

 

[TedHendricksOffspring]

Here I am.

I don't care what the admin is feeding publicly. A lot of them know Al sucks a bag of *** and there's a few reasons he is not fired now and hoping to coach linebackers at Purdue.

1. Money. His buyout is 7-8 million dollars and I have been told it's 8. Let me make it perfectly clear that the school has the money and more to burn. They just don't want to spend it.

I don't know you, so I don't know if you're trolling or from the WEZ. But, I have been told by more than one source very close to the program that it's nowhere near 7 or 8 million dollars. I've consistently been told the same number since even before the termination heat began. Totally possible for those guys to be wrong. They have been before.

Personally, I hope your number is wrong. For a number of reasons. Not the least of which it shows an absurdity in UM contracting. An 8 million dollar buyout on a 2+ million coach who had never won a meaningful game and ****ed off a lot of people with his PSU stunt? No bueno.

I am not trolling and I've never been to the WEZ.

I've been told it's 8 million or at its lowest 7 million.

I certainly hope I'm wrong. I was originally told it was 3.5 million before so I've already been wrong on this topic. But as far as huge buyouts on coaches, we just saw Colorado State benefit from having a huge buyout in place for their coach at 7.5 million.

If I'm wrong, I'll gladly admit it.

 

[TedHendricksOffspring]

Ted, a couple days ago, you said Coley was "so gone" when the Kentucky rumors were flying. Still feel that way, or no?

As of right now, yes. Has another name even been linked to the OC position at Kentucky aside from Coley? I also don't think Kentucky is the only place with interest mutually. DMoney backed me up the other day by saying he had also heard that Coley was looking elsewhere, whether it be Kentucky or not.

Will eat crow if wrong.