Get rid of WildhackDumbest contract ever!
They raised a million yesterday alone from one person. I was called yesterday afternoon to donate myself.I was told from a university source that it would cost 9-10 million to buy out Red (which corroborates with what others have said), then whatever the buyout is for the new coach, then to pay the new coach. People talk about lost revenue next season, and I totally get it (it’s likely gonna get even worse), but that is in the future. To fire red and hire a new coach you are looking at around 14-15 million conservatively, and the athletic department simply doesn’t have the money right now. Apparently Cuse only has raised around 1 million in their new 50 million dollar fundraising campaign. Usually these campaigns don’t even get announced until 50% is already raised, and Cuse announced theirs when they had 2% raised. It reeks of desperation.
Don’t shoot the messenger(s)…it’s obvious to nearly everyone that this is a sinking ship with an unqualified captain. But we all better grab our life preservers because our captain isn’t going anywhere any time soon.
My information is several days old, so that makes sense. Meant to post earlier this week but didn’t get a chance to.They raised a million yesterday alone from one person. I was called yesterday afternoon to donate myself.
I’m starting to think that Fran is exception rather than the rule. The dome is going to be a mausoleum next season for basketball.I was told from a university source that it would cost 9-10 million to buy out Red (which corroborates with what others have said), then whatever the buyout is for the new coach, then to pay the new coach. People talk about lost revenue next season, and I totally get it (it’s likely gonna get even worse), but that is in the future. To fire red and hire a new coach you are looking at around 14-15 million conservatively, and the athletic department simply doesn’t have the money right now. Apparently Cuse only has raised around 1 million in their new 50 million dollar fundraising campaign. Usually these campaigns don’t even get announced until 50% is already raised, and Cuse announced theirs when they had 2% raised. It reeks of desperation.
Don’t shoot the messenger(s)…it’s obvious to nearly everyone that this is a sinking ship with an unqualified captain. But we all better grab our life preservers because our captain isn’t going anywhere any time soon.
How we have a 9-10 million dollar buy out on a guy in his 2nd season as a head coach is wild stuff lolI was told from a university source that it would cost 9-10 million to buy out Red (which corroborates with what others have said), then whatever the buyout is for the new coach, then to pay the new coach. People talk about lost revenue next season, and I totally get it (it’s likely gonna get even worse), but that is in the future. To fire red and hire a new coach you are looking at around 14-15 million conservatively, and the athletic department simply doesn’t have the money right now. Apparently Cuse only has raised around 1 million in their new 50 million dollar fundraising campaign. Usually these campaigns don’t even get announced until 50% is already raised, and Cuse announced theirs when they had 2% raised. It reeks of desperation.
Don’t shoot the messenger(s)…it’s obvious to nearly everyone that this is a sinking ship with an unqualified captain. But we all better grab our life preservers because our captain isn’t going anywhere any time soon.
The information was also incorrect regarding the campaign when it started too.My information is several days old, so that makes sense. Meant to post earlier this week but didn’t get a chance to.
I was told from a university source that it would cost 9-10 million to buy out Red (which corroborates with what others have said), then whatever the buyout is for the new coach, then to pay the new coach. People talk about lost revenue next season, and I totally get it (it’s likely gonna get even worse), but that is in the future. To fire red and hire a new coach you are looking at around 14-15 million conservatively, and the athletic department simply doesn’t have the money right now. Apparently Cuse only has raised around 1 million in their new 50 million dollar fundraising campaign. Usually these campaigns don’t even get announced until 50% is already raised, and Cuse announced theirs when they had 2% raised. It reeks of desperation.
Don’t shoot the messenger(s)…it’s obvious to nearly everyone that this is a sinking ship with an unqualified captain. But we all better grab our life preservers because our captain isn’t going anywhere any time soon.
100% agree. The fact that Red was apparently given a 5 year contract at approximately 3 million a year is absolutely a fireable offense for JW.How we have a 9-10 million dollar buy out on a guy in his 2nd season as a head coach is wild stuff lol
I guess GMac must have wanted 6 years at guaranteed $4m per year……….They gave Red, an unproven first time HC, a 5 year contract?
Talk about stupidity. Who else was offering him? Nobody. He wanted the job desperately. Good grief.
Explain? I’m a bit slow.I’m more concerned when some AD sources keep trying to throw a few individuals under the bus by sharing inaccurate information.
Stop. It is not $9M, and I understand that is meant to represent Autry plus. Even so, I doubt they pull the plug.It isn't that. It's on the altar of money. We aren't going to eat 9 million bucks plus paya new coach
Apparently Cuse only has raised around 1 million in their new 50 million dollar fundraising campaign. Usually these campaigns don’t even get announced until 50% is already raised, and Cuse announced theirs when they had 2% raised. It reeks of desperation.
Boy I hope your right, I'm hoping you know more than me.Red is not making $3 million a year. Zero chance. Nadda. You don’t pay him more than JB. If JW did, he should be shown the door. He might not even make $2 million.
That was my thought but apparently that isn’t how you do it in the fundraising world.How do you plan on raising $50 million without announcing that you're trying to raise $50 million?
Same.I still can’t comprehend how someone at Syracuse would give Red $3m/year on a 3-4 year guaranteed contract. That makes zero sense for an unproven coach. I really hope is just a bad rumor that has zero merit.
I still don’t understand this $9 million figure. Wildhack and the university lawyers are fools and should be fired immediately if they’re paying Red $3 million per year with a 5 year contract. Is that what people are suggesting? He had ZERO experience as a head coach. They should have been prepared that this might not work out and we would need to fire him. How much was JB being paid in his final years?I was told from a university source that it would cost 9-10 million to buy out Red (which corroborates with what others have said), then whatever the buyout is for the new coach, then to pay the new coach. People talk about lost revenue next season, and I totally get it (it’s likely gonna get even worse), but that is in the future. To fire red and hire a new coach you are looking at around 14-15 million conservatively, and the athletic department simply doesn’t have the money right now. Apparently Cuse only has raised around 1 million in their new 50 million dollar fundraising campaign. Usually these campaigns don’t even get announced until 50% is already raised, and Cuse announced theirs when they had 2% raised. It reeks of desperation.
Don’t shoot the messenger(s)…it’s obvious to nearly everyone that this is a sinking ship with an unqualified captain. But we all better grab our life preservers because our captain isn’t going anywhere any time soon.
That was my thought but apparently that isn’t how you do it in the fundraising world.
I still don’t understand this $9 million figure. Wildhack and the university lawyers are fools and should be fired immediately if they’re paying Red $3 million per year with a 5 year contract. Is that what people are suggesting? He had ZERO experience as a head coach. They should have been prepared that this might not work out and we would need to fire him. How much was JB being paid in his final years?
Unfathomable.I still can’t comprehend how someone at Syracuse would give Red $3m/year on a 3-4 year guaranteed contract. That makes zero sense for an unproven coach. I really hope is just a bad rumor that has zero merit.