I realize that there are all kinds of revenue recognition issues/discrepancies with DoE "Equity in Athletics" numbers, but I feel like they're ballpark accurate. With that in mind, look at Baylor. They reported something liek $120 million last year (or thereabouts - I can't remember the exact number). That's frigging Baylor, not FSU, PSU, OSU, or any other "SU." It's BAYLOR. They have next to no history and they don't have an especially large fan base. But, they do have a good coach and a good coaching staff, and they have been winning. That's how much winning matters. It's literally worth tens of MILLIONS of dollars in revenue PLUS who know how much exposure for the school. If you're willing to buy the arguments that coaching dramatically impacts a team's likelihood of winning, and that although top tier coaches/staffs don't always work out, they usually do, then I don't see how anyone could reasonably claim that Syracuse doesn't have the money to spend on a top tier coach (and staff). In fact, I would argue that we don't have the money to not spend money on a top tier coach (and staff).
...and that's true for both SUAD and the academic side as well. After Mason had their magical FF run, some professors did a study, and the run was worth something like $100 million for the school (I can't remember the exact number) and it actually improved the school's academic standing. There was an otherwise unexpected spike in applications, and the test scores of the next year's freshman class was actually statistically higher than they expected.
The difference between spending $1-2 million vs. $7-10 million on a coach is peanuts when you're staring down the barrel of another $20-30 million in athletic revenue, who knows how much in donations, and who knows how many more high quality applications. Please, please be smart enough to spend the money to hire a good coach. It will be the cheapest money that you ever spent. It really will.
...and that's true for both SUAD and the academic side as well. After Mason had their magical FF run, some professors did a study, and the run was worth something like $100 million for the school (I can't remember the exact number) and it actually improved the school's academic standing. There was an otherwise unexpected spike in applications, and the test scores of the next year's freshman class was actually statistically higher than they expected.
The difference between spending $1-2 million vs. $7-10 million on a coach is peanuts when you're staring down the barrel of another $20-30 million in athletic revenue, who knows how much in donations, and who knows how many more high quality applications. Please, please be smart enough to spend the money to hire a good coach. It will be the cheapest money that you ever spent. It really will.