Hat tip to Kaiser: I don't want to hear we don't have the $$$ to buyout Scott Shafer if we wanted

[Alsacs]

According to Dr. Gross/Giansante we get 5 million dollars for each of these Metlife games. We played 2014 and 2016 that is 10 million dollars on top of the ACC money we get in the 18-20 million dollar range.

We clearly can afford the buyout if Metlife has given us 5 million for each of these games. Between 2012, 2013, 2014 that is an extra 15 million dollars. Again how are we so poor to not be able to buyout the contract of HCSS if Dr. Gross wanted to make a move.

Either we get 5 mill from MetLife and can afford it or that figure isn't true. Kaiser rightfully points that 5 million is earned by the FB team and thus should be used for FB.

 

[IthacaBarrel]

I don't think anyone really knows if the University "has" the money or can allocate the resources for this. In addition, even if they did, Shafer is getting another year. He just is. They will not fire him unless Gross goes first.

We just need the season to end and to regroup.

 

[javadoc]

I don't think anyone really knows if the University "has" the money or can allocate the resources for this. In addition, even if they did, Shafer is getting another year. He just is. They will not fire him unless Gross goes first.

And that's the entirety of it. None of us do, at least those not on the BOT.

You don't know how much of that money is sitting in a piggy bank, unallocated. I assume that none of it is. You can say, "Well you could choose not to spend it on some of the other things you have chosen to, like paying off debt incurred under Dr. Gross," but that is a different argument than, "You have the money."

 

[KaiserUEO]

According to Dr. Gross/Giansante we get 5 million dollars for each of these Metlife games. We played 2014 and 2016 that is 10 million dollars on top of the ACC money we get in the 18-20 million dollar range.

We clearly can afford the buyout if Metlife has given us 5 million for each of these games. Between 2012, 2013, 2014 that is an extra 15 million dollars. Again how are we so poor to not be able to buyout the contract of HCSS if Dr. Gross wanted to make a move.

Either we get 5 mill from MetLife and can afford it or that figure isn't true. Kaiser rightfully points that 5 million is earned by the FB team and thus should be used for FB.

im not sure we got 5mill for anyone other than ND.

maybe close for usc, as we definetly got paid to move it there, but ped st was a 1-1-1.

im guessing that gate was split. whether it was 60/40 or 70/30 or whatever, i doubt it was 100% Orange $$.

 

[Full_Rebar]

This quote from the IPF thread makes me wonder how healthy the SUAD financials are even with the MetLife/ACC money

"The design has been value engineered to eliminate some of the nicer natural daylight features, but it still looks good."

 

[Millhouse]

This quote from the IPF thread makes me wonder how healthy the SUAD financials are even with the MetLife/ACC money

"The design has been value engineered to eliminate some of the nicer natural daylight features, but it still looks good."

why pay to let in natural daylight when there isn't any natural daylight?

 

[Alsacs]

If the SUAD is running in the red with the cashcow that is SUBB the entire AD needs to be flushed out now.
Football TV money and MetLife money should cover the IPF completely AND the Big East withdrawal fee and still be in the black. Our coaching staff is low paid so that helps and JB has taken a hometown discount for forever. Why is the AD rumored to be unhealthy financially?

 

[orangeinjersey]

even if Gross is fired, i dont want a new guy doing a rush job late in the season when all the good coaches are gone (like gross did with gerg)

 

[IthacaBarrel]

9 out of 10 projects wind up getting value engineered. Architects are always going to push the envelope of the budget they have established with the owner. I can't name 1 project of any size on any campus that I have worked on in this area that hasn't had some type of "value engineering" component

 

[Janner]

But I think it still begs the question, what is this new revenue being spent on? The salaries for the staff are the same relatively speaking as when we were receiving Big East money (15+ million less) add on an additional 3-5 million every other year for games at NYC and there is a monumentally LARGE difference in funding from 3-4 years ago to today. Were talking 10-15 million more, concretively. We have the new practice facility, as far as big budget items are concerned, but that’s about it. I don't mean this to be an incitement by any stretch, it’s just a question I can’t seem to find an answer for.
My big worry is that the administration is not interested in supporting the football program the way that a P5 program should be supported. I worry if they let SS go they just try to plug another coach in there and not "pay up" for a coaching staff because they are interested in pinching pennies. I am not saying you can afford to get a Kelly/Saben/Miles type, more along the lines of a Tressell/Kiffen/Tuberville (just examples of levels not who I am suggesting).

 

[javadoc]

If the SUAD is running in the red with the cashcow that is SUBB the entire AD needs to be flushed out now.
Football TV money and MetLife money should cover the IPF completely AND the Big East withdrawal fee and still be in the black. Our coaching staff is low paid so that helps and JB has taken a hometown discount for forever. Why is the AD rumored to be unhealthy financially?

Here is the link to the latest reporting from SUAD to the feds (assuming it works, it's a long-arse URL):

http://ope.ed.gov/athletics/InstDet...43d31312f32342f3230313420333a30333a323820504d

It shows us as being about $15M in the black this year. Before you go to buy a shiny new $10M IPF and ~$5M buyout, consider that there may be >$10M of operating debt accrued by the AD in the last 5-10 years, which was covered by the general fund.

 

[Alsacs]

Here is the link to the latest reporting from SUAD to the feds (assuming it works, it's a long-arse URL):

http://ope.ed.gov/athletics/InstDet...43d31312f32342f3230313420333a30333a323820504d

It shows us as being about $15M in the black this year. Before you go to buy a shiny new $10M IPF and ~$5M buyout, consider that there may be >$10M of operating debt accrued by the AD in the last 5-10 years, which was covered by the general fund.

Don't forget SU gets donations as well which if done correctly and I am sure the legal counsel for SUAD can be tax free for both parties.
Syracuse has the money if they want to make a move. If Football doesn't get some dollars to help the assistant coaches then What are doing. Another year of the status quo is unacceptable.

 

[KaiserUEO]

Don't forget SU gets donations as well which if done correctly and I am sure the legal counsel for SUAD can be tax free for both parties.
Syracuse has the money if they want to make a move. If Football doesn't get some dollars to help the assistant coaches then What are doing. Another year of the status quo is unacceptable.

exactly.

in the last 40 years Syracuse has had 6 coaches, 4 of which have been here in the last 10 years...so yeah, we get it SU BOT, you are scared to fire a coach because you dont know how and have really only gotten into this business in that 10 year span, but......get the over it.

SS has got to go.

same with Gross.

 

[IthacaBarrel]

Here is the link to the latest reporting from SUAD to the feds (assuming it works, it's a long-arse URL):

http://ope.ed.gov/athletics/InstDet...43d31312f32342f3230313420333a30333a323820504d

It shows us as being about $15M in the black this year. Before you go to buy a shiny new $10M IPF and ~$5M buyout, consider that there may be >$10M of operating debt accrued by the AD in the last 5-10 years, which was covered by the general fund.

Yes but why talk reason when you can just lynch mob, get the pitchforks and storm Manley. All depends how the big donors feel as well if there is any left. It's never that easy

 

[OrangeXtreme]

Yes but why talk reason when you can just lynch mob, get the pitchforks and storm Manley. All depends how the big donors feel as well if there is any left. It's never that easy

Gibbs Rule #62:

The amount of outrage expressed by a fan about the state of the program is inversely proportional to the amount of his annual donation to the program.

 

[Halfmooncuse]

Gibbs Rule #62:

The amount of outrage expressed by a fan about the state of the program is inversely proportional to the amount of his annual donation to the program.

Ditto:
-fan interest
-attendance
-caliber of recruits

 

[Crusty]

Here is the link to the latest reporting from SUAD to the feds (assuming it works, it's a long-arse URL):

http://ope.ed.gov/athletics/InstDet...43d31312f32342f3230313420333a30333a323820504d

It shows us as being about $15M in the black this year. Before you go to buy a shiny new $10M IPF and ~$5M buyout, consider that there may be >$10M of operating debt accrued by the AD in the last 5-10 years, which was covered by the general fund.

Great site.

 

[Alsacs]

Gibbs Rule #62:

The amount of outrage expressed by a fan about the state of the program is inversely proportional to the amount of his annual donation to the program.

No idea who Gibbs is. I am not a whale for the SUAD. I don't claim to be and I am not a big enough contributor to even have their opinion matter to SU. I give SU about 1k a year for 4 football season tickets and a small donation. That is peanuts and is probably on the lower end from people on this board.
However we have had people on this board say we can't afford to buyout Scott Shafer. I realize he isn't going to get fired most likely but we can afford the buyout if MetLife is giving us 5 million for these games and ACC TV money is used.
It doesn't mean Scott Shafer is going anywhere but cash shouldn't be the reason why.

 

[rrlbees]

According to Dr. Gross/Giansante we get 5 million dollars for each of these Metlife games. We played 2014 and 2016 that is 10 million dollars on top of the ACC money we get in the 18-20 million dollar range. We clearly can afford the buyout if Metlife has given us 5 million for each of these games. Between 2012, 2013, 2014 that is an extra 15 million dollars. Again how are we so poor to not be able to buyout the contract of HCSS if Dr. Gross wanted to make a move. Either we get 5 mill from MetLife and can afford it or that figure isn't true. Kaiser rightfully points that 5 million is earned by the FB team and thus should be used for FB.

Can you show me where Gross or Giansante said we got $5m per game?

 

[Whitey23]

Can you show me where Gross or Giansante said we got $5m per game?

Giansante said last week the deal was the best neutral-site deal ever signed when the Orange agreed to it. That means Syracuse made more than $4.7 million for the game, more than Alabama and Michigan were paid in 2012.

That paragraph comes from the below link. The link inside the paragraph links to his Q&A

http://www.syracuse.com/orangefootb...ks_metlife_series_and_yankee_stadium_p_1.html

 

[Alsacs]

Can you show me where Gross or Giansante said we got $5m per game?

You weren't getting my point. I am going on the information from Giansante in that article. You know I was always skeptical about the 5 million a game figure but if that information is accurate with these 2 ND games that is 10 million and say we got 2 million for the USC/Penn State games that is 14 million dollars and should show the AD has the $$$ if they wanted to buyout Scott Shafer. My point is people can't claim we don't have the money if we actually got all this money from MetLife.

 

[javadoc]

You weren't getting my point. I am going on the information from Giansante in that article. You know I was always skeptical about the 5 million a game figure but if that information is accurate with these 2 ND games that is 10 million and say we got 2 million for the USC/Penn State games that is 14 million dollars and should show the AD has the $$$ if they wanted to buyout Scott Shafer. My point is people can't claim we don't have the money if we actually got all this money from MetLife.

So which expenditure do you recommend they forego, so that they can "have the money" to buy out Shafer immediately? Or are you saying that you honestly believe there is unspent money up on the hill sitting in a mason jar?

 

[sufandu]

How much is Shafer's buyout? Given his salary, I can't imagine it's all that much when compared to other coaches.

 

[Alsacs]

So which expenditure do you recommend they forego, so that they can "have the money" to buy out Shafer immediately? Or are you saying that you honestly believe there is unspent money up on the hill sitting in a mason jar?

Where the heck I am saying the money sitting in a mason jar? We have several posters on this board who have said even if we wanted to removed Scott Shafer(which I acknowledge is a long shot) we can't afford to fire him because of the AD not having the money to be able to pay 2 HCs.

My point is that either we have gotten all of this windfall money from these Metlife games and can afford to buy him out but instead of using money as the excuse just say the AD can afford the move, but is choosing not to make the move OR they have lied about how much money we have gotten from Metlife for each of these games. If Metlife has paid us 5 million for each of these Notre Dame games and we got nice checks for USC/Penn State and we got a nice TV money check from the ACC we have the cash if we wanted to make a move.

 

[javadoc]

Where the heck I am saying the money sitting in a mason jar? We have several posters on this board who have said even if we wanted to removed Scott Shafer(which I acknowledge is a long shot) we can't afford to fire him because of the AD not having the money to be able to pay 2 HCs.

My point is that either we have gotten all of this windfall money from these Metlife games and can afford to buy him out but instead of using money as the excuse just say the AD can afford the move, but is choosing not to make the move OR they have lied about how much money we have gotten from Metlife for each of these games. If Metlife has paid us 5 million for each of these Notre Dame games and we got nice checks for USC/Penn State and we got a nice TV money check from the ACC we have the cash if we wanted to make a move.

Unless they are paying off debt (back to the general fund) that accumulated under Gross for the last decade. Are you saying that it is a bad idea for them to balance those accounts, that they should not be allocating money toward that (yet?)? Because to the best of my knowledge, there is not enough money - even with the "windfall" - to take care of everything that they want to and have enough left over this year to buy out Shafer's contract.

If it's not debt repayment, what else would you forego in order to buy out Shafer this year?