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Topic: TOS to FSU
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Pataskala
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Posted: 11/3/2019 8:50 PM
Taggart's toast: https://www.cbssports.com/college-football/news/florida-s... /
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Jeff McKinney
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Posted: 11/4/2019 12:53 AM
How long can this crazy arms race and buyouts continue?
Maddog13
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Posted: 11/4/2019 1:55 AM
Total insanity! Florida State has much bigger problems than Willie Taggart. Their administration down there has accidentally swallowed too much seawater from the Gulf, and they will all be packing their bags soon with not even close to the buyout that Taggart is getting. Good luck when it comes to finding a qualified replacement at this point. On the other hand, perhaps college sports will become the new investment ground for money launders instead of off-shore accounts.

Best quote of the day from the media was something along the lines of Urban Meyer would more likely return to coaching in the MAC than deal with the incompetent administration at Florida State.
Ohio69
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Posted: 11/4/2019 8:06 AM
Wonder what PJ Fleck's buyout is @ Minnesota.
Can somebody hit a pull up jumper for me?.....
ShoreCat
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Posted: 11/4/2019 8:34 AM
$20 million for a buyout raised by boosters, although one story I saw on ESPN said the administration is denying that report.

Did Burt Reynolds leave residuals from Smokey and the Bandit to the FSU Athletic Department??

That's a staggering amount.
BillyTheCat
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Posted: 11/4/2019 10:18 AM
Maddog13 wrote:expand_more
Total insanity! Florida State has much bigger problems than Willie Taggart. Their administration down there has accidentally swallowed too much seawater from the Gulf, and they will all be packing their bags soon with not even close to the buyout that Taggart is getting. Good luck when it comes to finding a qualified replacement at this point. On the other hand, perhaps college sports will become the new investment ground for money launders instead of off-shore accounts.

Best quote of the day from the media was something along the lines of Urban Meyer would more likely return to coaching in the MAC than deal with the incompetent administration at Florida State.
You assume that dark money hasn't already been flowing into these programs and buyouts?
BillyTheCat
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Posted: 11/4/2019 10:18 AM
Jeff McKinney wrote:expand_more
How long can this crazy arms race and buyouts continue?
As we legally add advertising endorsements and shoe company money, I'd say this will get worse before it gets better.
L.C.
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Posted: 11/4/2019 10:24 AM
Jeff McKinney wrote:expand_more
How long can this crazy arms race and buyouts continue?

Why would you think it will stop? I'm serious. If you start with the core believe that winning is everything, and that the Coach gets all the credit for winning and losing, how can there be any other result? It happens at the top, and it happens at the bottom. It happens at schools that can afford it. It even happens as bankrupt schools. For example:
https://www.cleveland.com/sports/college/2018/12/terry-bo...
I can see why Akron was in such a hurry. They are clearly much better off this year.
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BillyTheCat
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Posted: 11/4/2019 10:27 AM
FSU is also picking up Oregon's buyout they still owe S.Florida and the buyout for hiring Taggart from Oregon....

And just think the odds are that FSU also paid some consultant mid six figures to find them Taggart
BillyTheCat
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Posted: 11/4/2019 10:40 AM
Ohio69 wrote:expand_more
Wonder what PJ Fleck's buyout is @ Minnesota.
Buyout
Coach Fleck’s buyout is a set yearly value that is reduced after each year of the contract. It is not a simple (X years times base salary) equation. Instead, each year of the contract is assigned an independent buyout amount. The total owed is the sum of the buyout values for the remaining years on the contract. Here are the yearly amounts owed:

Year 1: $3.5 million
Year 2: $3.5 million
Year 3: $2.5 million
Year 4: $1.5 million
Year 5: $1.5 million


So, if Fleck was fired in year two like Taggart it would be about $12 Million less than what FSU is on the hook for. Staggering sums.
Last Edited: 11/4/2019 10:41:44 AM by BillyTheCat
OhioCatFan
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Posted: 11/4/2019 12:32 PM
Thanks, BTC, for your several cogent posts in this thread. This whole deck of cards isn't sustainable, particularly at the higher levels of this insanity. Sooner or later (and sooner is looking more likely every day), we are going to have (as another poster said) something equivalent to the dot.com bubble collapse, except this time the system will not recover as many of the dot.coms did. This is kind of thing that once the downward spiral begins it takes on a life of its own. Remember the fall of the USSR? Very few saw it coming, but once it started to crumble there was a new crevice that developed every day, which made for that day's headlines. One of the few that I recall that predicted this demise was a French academic, Hélène Carrère d'Encausse, who wrote a book a number of years before the breakup started that was entitled the "Decline of an Empire," in its English translation. Whose sounding the clarion call now?
The only BLSS Certified Hypocrite on BA

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L.C.
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Posted: 11/4/2019 1:01 PM
I see three things that can end this:
1. If players become paid, it will decrease the pool of money to pay coaches.
2. If NCAA football is spun off from universities, and becomes a minor league for the NFL
3. If football continues to decline in popularity
“We have two ears and one mouth so that we can listen twice as much as we speak.” ― Epictetus
colobobcat66
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Posted: 11/4/2019 1:25 PM
L.C. wrote:expand_more
I see three things that can end this:
1. If players become paid, it will decrease the pool of money to pay coaches.
2. If NCAA football is spun off from universities, and becomes a minor league for the NFL
3. If football continues to decline in popularity
I wonder about all the tv changes that are happening -streaming, cable, ESPN etc. Is money going to be available to pay for the increasing payouts to conferences?
Last Edited: 11/4/2019 1:25:56 PM by colobobcat66
BillyTheCat
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Posted: 11/4/2019 1:38 PM
colobobcat66 wrote:expand_more
I see three things that can end this:
1. If players become paid, it will decrease the pool of money to pay coaches.
2. If NCAA football is spun off from universities, and becomes a minor league for the NFL
3. If football continues to decline in popularity
I wonder about all the tv changes that are happening -streaming, cable, ESPN etc. Is money going to be available to pay for the increasing payouts to conferences?
Probably, because who is running these streaming services? Same people who are providing the content to cable and satellite services. If anything there will be more money on the table, because the cable and satellite companies will not get their share, and as with dining, a la cart pricing usually means more money spent.

ESPN can now make money off their "product" and by streaming, keep all the revenue themselves.
Mike Johnson
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Posted: 11/4/2019 1:49 PM
OhioCatFan wrote:expand_more
Thanks, BTC, for your several cogent posts in this thread. This whole deck of cards isn't sustainable, particularly at the higher levels of this insanity. Sooner or later (and sooner is looking more likely every day), we are going to have (as another poster said) something equivalent to the dot.com bubble collapse, except this time the system will not recover as many of the dot.coms did. This is kind of thing that once the downward spiral begins it takes on a life of its own. Remember the fall of the USSR? Very few saw it coming, but once it started to crumble there was a new crevice that developed every day, which made for that day's headlines. One of the few that I recall that predicted this demise was a French academic, Hélène Carrère d'Encausse, who wrote a book a number of years before the breakup started that was entitled the "Decline of an Empire," in its English translation. Whose sounding the clarion call now?
Re the fall of the USSR. 1989. One by one the dictators of Poland, Czechoslovakia, Hungary, East Germany and Bulgaria abdicated bloodlessly. Fueling those abdications was a speech tha Gorbachev gave in July of that year at the Council of Europe. He stated that one nation shouldn't interfere in the internal affairs of another. Listeners were shocked. Many thought they had misunderstood his words or that the translations had been screwed up. Nope. They had heard correctly. Then in December of that year, protesters in Romania withstood Ceaucescu's bloody crackdown attempt. And the so-called Big 6 were no longer.
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cbus cat fan
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Posted: 11/4/2019 8:37 PM
Mike Johnson wrote:expand_more
Thanks, BTC, for your several cogent posts in this thread. This whole deck of cards isn't sustainable, particularly at the higher levels of this insanity. Sooner or later (and sooner is looking more likely every day), we are going to have (as another poster said) something equivalent to the dot.com bubble collapse, except this time the system will not recover as many of the dot.coms did. This is kind of thing that once the downward spiral begins it takes on a life of its own. Remember the fall of the USSR? Very few saw it coming, but once it started to crumble there was a new crevice that developed every day, which made for that day's headlines. One of the few that I recall that predicted this demise was a French academic, Hélène Carrère d'Encausse, who wrote a book a number of years before the breakup started that was entitled the "Decline of an Empire," in its English translation. Whose sounding the clarion call now?
Re the fall of the USSR. 1989. One by one the dictators of Poland, Czechoslovakia, Hungary, East Germany and Bulgaria abdicated bloodlessly. Fueling those abdications was a speech tha Gorbachev gave in July of that year at the Council of Europe. He stated that one nation shouldn't interfere in the internal affairs of another. Listeners were shocked. Many thought they had misunderstood his words or that the translations had been screwed up. Nope. They had heard correctly. Then in December of that year, protesters in Romania withstood Ceaucescu's bloody crackdown attempt. And the so-called Big 6 were no longer.
In late July of 1989, I was visiting relatives in then "West Germany" when thousands of East Germans were pouring into West German embassies in Prague, Budapest and Warsaw seeking asylum. A couple of my aunts, uncles and cousins had just come back from Bulgaria where many Germans use to vacation on the Black Sea, because of the incredibly cheap prices the communist state offered for a beach vacation. They told me they had met dozens of East Germans who said they couldn't wait for the day when they could escape. I wondered allowed if the regime could last until 2000 because of all of this. My aunts and uncles chucked saying even a young 20 something like me would never see that happen. Hard to believe the wall came down in a little over three months. The moral of the story is when something is unsustainable it's end often comes quicker than we think, no matter how hard it might be to imagine. Yes, this even applies to exorbitant salaries for college coaches and professional athletes and coaches.
Last Edited: 11/4/2019 8:40:22 PM by cbus cat fan
Maddog13
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Posted: 11/5/2019 7:07 AM
The entertainment factor surrounding such an absurd idea alone is worth price of admission for FSU: https://www.si.com/college/2019/11/04/lane-kiffin-interes...
L.C.
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Posted: 11/5/2019 7:53 AM
I'm pretty sure Terry Bowden is available. ;)
“We have two ears and one mouth so that we can listen twice as much as we speak.” ― Epictetus
OhioCatFan
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Posted: 11/5/2019 10:13 AM
Lane Kiffin and FSU, a match made somewhere, but not in Heaven! ;-)
The only BLSS Certified Hypocrite on BA

"It is better to be an optimist and be proven a fool than to be a pessimist and be proven right."

Note: My avatar is the national colors of the 78th Ohio Veteran Volunteer Infantry, which are now preserved in a climate controlled vault at the Ohio History Connection. Learn more about the old 78th at: http://www.78ohio.org
shabamon
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Posted: 11/5/2019 11:13 AM
Maddog13 wrote:expand_more
The entertainment factor surrounding such an absurd idea alone is worth price of admission for FSU: https://www.si.com/college/2019/11/04/lane-kiffin-interes...
HA! I said in my BOLD PREDICTIONS preseason thread that he would bolt for the first halfway decent P5 job.
Pataskala
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Posted: 11/5/2019 12:24 PM
L.C. wrote:expand_more
I'm pretty sure Terry Bowden is available. ;)
I'd bet Bobby is too.
We will get by.
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ExCat21
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Posted: 11/5/2019 12:46 PM
Stoops to FSU?
ytownbobcat
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Posted: 11/6/2019 10:34 AM
I think Bob Stoops is happily retired and living in Norman, Oklahoma. I am told he is very comfortable and enjoys his status as the former coach of OU.
ExCat21
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Posted: 11/6/2019 2:19 PM
There's another Stoops......in my homestate...
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