Razors Edge ★ Posted November 18, 2019 Share #1 Posted November 18, 2019 ...and now sort of sick (considering Tua's injury), that when I watch a college football game, there may be DOZENS of folks on the field, sidelines, and booth making 6 , 7, or even 8 digit salaries and not a single one of them is actually playing the game. This nugget from a story I read this weekend was about a relatively crappy coach of a relatively crappy team who is making $4.4 million a year (USC Gamecocks). What does Tua's college insurance coverage give him if he never recovers? Does @2Far know? Link to comment Share on other sites More sharing options...
Kzoo Posted November 18, 2019 Share #2 Posted November 18, 2019 What's the point of this thread. Link to comment Share on other sites More sharing options...
Razors Edge ★ Posted November 18, 2019 Author Share #3 Posted November 18, 2019 Just now, Kzoo said: What's the point of this thread. How much does the soon to be former coach of the woeful MSU Spartans pull in? Link to comment Share on other sites More sharing options...
Kzoo Posted November 18, 2019 Share #4 Posted November 18, 2019 2 minutes ago, Razors Edge said: How much does the soon to be former coach of the woeful MSU Spartans pull in? Base compensation 2017 guaranteed pay: $4,114,480 Total contract pay: $34,101,680 Contract length: rolling 6 year term Start date: 1/1/2016 Expires: 1/15/2023 Incentives Retention bonus: $700,000 every July 1; $4,300,000 if he’s still the coach on 1/15/20 National title bonus: $375,000 CFP semifinal win: $300,000 CFP semifinal appearance: $275,000 Conference title bonus: $100,000 Conference regular season division title bonus: $100,000 Coach of the year award bonus: $25,000 for conference coach of year; $50,000 for national coach of year Car: two cars Tickets: 60 tickets to home games, including 24 for a suite; season tickets for football (6), hockey (4), men’s and women’s basketball (4). Golf/country club: membership in country club of coach’s choice, Michigan Athletic Club and University Club of Michigan State University. Private jet use: 25 hours of private jet use a year; one-year, Other Perks Miscellaneous perks: $2,000,000 term life insurance; $1,000,000 contract if he stops coaching 1/15/20 — salary rises to $1,700,000 if he starts after that date. Buyout if coach leaves for another coaching job: $875,000 Link to comment Share on other sites More sharing options...
Kzoo Posted November 18, 2019 Share #5 Posted November 18, 2019 6 minutes ago, Razors Edge said: How much does the soon to be former coach of the woeful MSU Spartans pull in? Most people believe he has worn out his welcome. At least he isn't in jail like other members of the MSU Athletic Department. Link to comment Share on other sites More sharing options...
Razors Edge ★ Posted November 18, 2019 Author Share #6 Posted November 18, 2019 Just now, Kzoo said: Base compensation 2017 guaranteed pay: $4,114,480 Total contract pay: $34,101,680 Contract length: rolling 6 year term Start date: 1/1/2016 Expires: 1/15/2023 Incentives Retention bonus: $700,000 every July 1; $4,300,000 if he’s still the coach on 1/15/20 National title bonus: $375,000 CFP semifinal win: $300,000 CFP semifinal appearance: $275,000 Conference title bonus: $100,000 Conference regular season division title bonus: $100,000 Coach of the year award bonus: $25,000 for conference coach of year; $50,000 for national coach of year Car: two cars Tickets: 60 tickets to home games, including 24 for a suite; season tickets for football (6), hockey (4), men’s and women’s basketball (4). Golf/country club: membership in country club of coach’s choice, Michigan Athletic Club and University Club of Michigan State University. Private jet use: 25 hours of private jet use a year; one-year, Other Perks Miscellaneous perks: $2,000,000 term life insurance; $1,000,000 contract if he stops coaching 1/15/20 — salary rises to $1,700,000 if he starts after that date. Buyout if coach leaves for another coaching job: $875,000 JEEBUS. MSU must be run by a seriously moranic group of alumni! 1 Link to comment Share on other sites More sharing options...
Kzoo Posted November 18, 2019 Share #7 Posted November 18, 2019 1 minute ago, Razors Edge said: JEEBUS. MSU must be run by a seriously moranic group of alumni! They had a great coach - until he wasn't. And they did their best to lock him up right up until the point where he wasn't. Link to comment Share on other sites More sharing options...
maddmaxx ★ Posted November 18, 2019 Share #8 Posted November 18, 2019 But.................could you do the job? Link to comment Share on other sites More sharing options...
2Far ★ Posted November 18, 2019 Share #9 Posted November 18, 2019 I haven't read anything about Tua's insurance, but I can SWAG that he has both "end of career" and "diminished draft value" insurance. Link to comment Share on other sites More sharing options...
maddmaxx ★ Posted November 18, 2019 Share #10 Posted November 18, 2019 Miami is no longer tanking for Tua. They are now going after the quarterback who beat him. Link to comment Share on other sites More sharing options...
2Far ★ Posted November 18, 2019 Share #11 Posted November 18, 2019 Tua before surgery: Link to comment Share on other sites More sharing options...
Razors Edge ★ Posted November 18, 2019 Author Share #12 Posted November 18, 2019 54 minutes ago, maddmaxx said: But.................could you do the job? I would absolutely have no problem coaching a team to consecutive losses to Ohio State, Wisconsin, Penn State, Illinois, and Michigan, and I would do it for half the price! 2 Link to comment Share on other sites More sharing options...
Kzoo Posted November 18, 2019 Share #13 Posted November 18, 2019 9 minutes ago, Razors Edge said: I would absolutely have no problem coaching a team to consecutive losses to Ohio State, Wisconsin, Penn State, Illinois, and Michigan, and I would do it for half the price! Yeah but........ do you look good in green? Link to comment Share on other sites More sharing options...
Dottleshead ★ Posted November 18, 2019 Share #14 Posted November 18, 2019 3 hours ago, Kzoo said: What's the point of this thread. To get you to bite, Mr. Violence. Link to comment Share on other sites More sharing options...
maddmaxx ★ Posted November 18, 2019 Share #15 Posted November 18, 2019 3 hours ago, Razors Edge said: I would absolutely have no problem coaching a team to consecutive losses to Ohio State, Wisconsin, Penn State, Illinois, and Michigan, and I would do it for half the price! There's the difference. Anyone can coach a team into losing. Doing it while convincing people to pay you the big bucks takes talent. Link to comment Share on other sites More sharing options...
Dottleshead ★ Posted November 19, 2019 Share #16 Posted November 19, 2019 "And I find it kinda funny, I find it kinda sad..." Link to comment Share on other sites More sharing options...
Razors Edge ★ Posted November 19, 2019 Author Share #17 Posted November 19, 2019 17 hours ago, maddmaxx said: There's the difference. Anyone can coach a team into losing. Doing it while convincing people to pay you the big bucks takes talent. The coaching without the players is what would really take talent! I can't imagine winning many games with no players on the field, but a whole lot of coaches, staff, and commentators. Link to comment Share on other sites More sharing options...
MickinMD ★ Posted November 19, 2019 Share #18 Posted November 19, 2019 I read an article a few years ago that said only around a dozen big schools are making a profit from their football programs and most are each a money pit for for millions of student dollars. That's claimed as the reason fewer colleges each year have football programs. They should say the reason fewer are having football programs is the built-in huge costs for coaches, travel, and the ridiculous "red shirt freshman" year where colleges keep almost all their recruits out of games their first year so they can play them a year older and bigger for 4 years - 5 years of scholarships to play football 4 years! Link to comment Share on other sites More sharing options...
Razors Edge ★ Posted November 19, 2019 Author Share #19 Posted November 19, 2019 Just now, MickinMD said: around a dozen big school I'd be shocked if it was just a dozen. I could see the top 30 or 50 breaking just above even or turning big bucks. Certainly, most big conference schools would be at that level. Especially considering that there is often a lot of sharing across conferences of revenue from post season events and TV rights. Link to comment Share on other sites More sharing options...
Scrapr ★ Posted November 19, 2019 Share #20 Posted November 19, 2019 1 hour ago, MickinMD said: I read an article a few years ago that said only around a dozen big schools are making a profit from their football programs and most are each a money pit for for millions of student dollars. That's claimed as the reason fewer colleges each year have football programs. The football programs themselves make money. Lots & lots of it. What i think you are referring to is if the Athletic Dept is positive cash flow....profit. Very few do. Maybe a half a dozen. The private schools don't typically report. SoCal, Stanford, Notre Dames. So can't tell how many more to add there. Maybe another half dozen. The ahtletic Depts share the cash flow from football across all other Non revenue sports. Swimming, Volleyball, Golf. And subsidizes the other Rev sports that bring in smaller amounts of Rev...Softball, WBB Track & Field. Link to comment Share on other sites More sharing options...
Kzoo Posted November 19, 2019 Share #21 Posted November 19, 2019 5 hours ago, Scrapr said: The football programs themselves make money. Lots & lots of it. What i think you are referring to is if the Athletic Dept is positive cash flow....profit. Very few do. Maybe a half a dozen. The private schools don't typically report. SoCal, Stanford, Notre Dames. So can't tell how many more to add there. Maybe another half dozen. The ahtletic Depts share the cash flow from football across all other Non revenue sports. Swimming, Volleyball, Golf. And subsidizes the other Rev sports that bring in smaller amounts of Rev...Softball, WBB Track & Field. Only at the larger schools. I read a few months ago that the football program at Western Michigan University cost the school a million dollars a year out of the general fund and this is typical for most schools. They make it up in quantity. Actually it's donors to the school. Link to comment Share on other sites More sharing options...
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