Consigliere
All-American
- Joined
- Feb 2, 2012
- Messages
- 21,927
Part 1: Coaching Salaries
A lot of people think that we can’t pay a coach a lot of money. This is simply bullchit. Not only do we pay them a good salary, we tend to pay them MORE when you figure in the buyout. Al Golden (2M-2.3M) will end up likely around 3.0-3.M per year when you add in the buyout. The problem is we spend our money foolishly. Even ignoring our stupidity (i.e. necessary extensions), our Admin choose to go down this road (buyout city) because they love to spend illogically. They make a ton of foolish decisions and simply waste money.
This is why I constantly tell people to STFU about the buyout.
First (like myself), you don’t know the pertinent terms so you sound like an idiot speaking about it.
Second and more importantly, it MUST be done if no one will take ALbort off our hands.
Finally, the other interesting thing is the Maryland Exit Fee. We can use our portion of this towards the buyout as it is a windfall. It may not cover all of the buyout, but it is free money so use it wisely.
http://articles.baltimoresun.com/20...08_1_exit-fee-conference-revenues-acc-members
Part 2: ACC Revenues from Football
In 2013-14, the ACC distributed $20.8M to each team in the ACC. This was almost identical to the SEC. This new TV deal (done May, 2012) was an increase of $4M per year from the 2010 contract (when ALbort was hired). Things are much different from when ALbort was hired or when RS was hired. We have much more money and that is simply by belonging to the ACC and the new contract. Our new deal will pay us $60M more over the life of the deal. We don’t even have to field a good team and we get paid. This is not to mention that we make money outside of belonging to the ACC (tickets, merchandise, parking etc.).
http://espn.go.com/college-football...917-million-total-revenue-2013-14-fiscal-year
http://www.newsobserver.com/2012/05/10/2054760/acc-espn-agree-on-36-billion-tv.html
A lot of people think that we can’t pay a coach a lot of money. This is simply bullchit. Not only do we pay them a good salary, we tend to pay them MORE when you figure in the buyout. Al Golden (2M-2.3M) will end up likely around 3.0-3.M per year when you add in the buyout. The problem is we spend our money foolishly. Even ignoring our stupidity (i.e. necessary extensions), our Admin choose to go down this road (buyout city) because they love to spend illogically. They make a ton of foolish decisions and simply waste money.
This is why I constantly tell people to STFU about the buyout.
First (like myself), you don’t know the pertinent terms so you sound like an idiot speaking about it.
Second and more importantly, it MUST be done if no one will take ALbort off our hands.
Finally, the other interesting thing is the Maryland Exit Fee. We can use our portion of this towards the buyout as it is a windfall. It may not cover all of the buyout, but it is free money so use it wisely.
http://articles.baltimoresun.com/20...08_1_exit-fee-conference-revenues-acc-members
Part 2: ACC Revenues from Football
In 2013-14, the ACC distributed $20.8M to each team in the ACC. This was almost identical to the SEC. This new TV deal (done May, 2012) was an increase of $4M per year from the 2010 contract (when ALbort was hired). Things are much different from when ALbort was hired or when RS was hired. We have much more money and that is simply by belonging to the ACC and the new contract. Our new deal will pay us $60M more over the life of the deal. We don’t even have to field a good team and we get paid. This is not to mention that we make money outside of belonging to the ACC (tickets, merchandise, parking etc.).
http://espn.go.com/college-football...917-million-total-revenue-2013-14-fiscal-year
http://www.newsobserver.com/2012/05/10/2054760/acc-espn-agree-on-36-billion-tv.html
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