Pete Thamel

[kingtidge]

I’m not challenging anyone, but I’m also very skeptical that there’s a buyout that high. It makes no sense.

If it is true, then we have to be up there for the worst run D1 program in the country.

 

[phil77]

In theory, if the buyout this offseason is 9 million, does that mean the buyout next offseason is 6 million and we are supposed to believe that Syracuse will pay for that?

 

[knicks07]

T

lol. That’s the dumbest contract in the history of dumb contracts.

Deshaun Watson says hello

 

[dasher]

In theory, if the buyout this offseason is 9 million, does that mean the buyout next offseason is 6 million and we are supposed to believe that Syracuse will pay for that?

I think if next year looks like this year, they will come up with the money.

 

[RF2044]

I’m not challenging anyone, but I’m also very skeptical that there’s a buyout that high. It makes no sense.

Same

Like you, not calling anyone out. But it would make zero sense for an experienced executive like wildhack, who is used to dealing with these type of "talent" contracts from his time at espn, to make a mistake like this.

And again, not disputing nor calling anyone out, but I'm wondering if it is just something that has been embellished to rationalize why we need to keep red for another season or more.

 

[721Comstock]

I think if next year looks like this year, they will come up with the money.

LOL.

So, we’d hafta wait til after a 3rd completely pointless, irrelevant season removes us even further from being a successful program,
before the powers that be would be willing to undo their massive mistakes??

brilliant!

 

[Jake]

The football team is packing the house and going to bowl games because of JW. His job is safer than most of ours.

 

[BomberOrange]

I think if next year looks like this year, they will come up with the money.

This university has the money. They just don’t want to spend it on athletics.

 

[Fly Rodder]

Deshaun Watson says hello

Deshaun at least had a stellar track record before being found out a criminal. I can see an organization like the Browns, who at worst are a $4 billion franchise, in the NFL which prints money, taking a significant financial risk on an established & talented QB in the best league in the world where maybe only 30 of those guys exist at best. The contract will most certainly not work out in the Browns favor and I probably wouldn’t have offered it. BUT

SU is a financially conservative, limited resources university coming off a decade long decline, and bid against themselves for a guy with ZERO track record as a head coach. He hasn’t even been a high school head coach.

 

[Jack_Ball]

The football team is packing the house and going to bowl games because of JW. His job is safer than most of ours.

Well lets wait & see what happens with No Mccord but apparently football is all that matters as the rest of the teams are heading in the wrong direction...(Ie - Mens & Womens basketball & Lax ) I get it as football drives the bus but just say all money & efforts are geared toward football

 

[phil77]

The football team is packing the house and going to bowl games because of JW. His job is safer than most of ours.

JW better hope it continues without McCord.

 

[Fly Rodder]

The football team is packing the house and going to bowl games because of JW. His job is safer than most of ours.

Considering the difficulty Syracuse has in firing ineffective coaches, it’s not surprising that a senior exec isn’t ever in danger of losing their

 

[albanycuse]

How much money has SU lost by not making it to the NCAA’s the last few years? His buyout is nothing compared to how far the program has been tanking the last decade and being irrelevant. Syracuse lost more money than they owe Red.

 

[PoppyHart]

I think if next year looks like this year, they will come up with the money.

They basically got suckered into paying a $6M ante, but are now holding 10-2 offsuit.
Now they’re going to pay $3M more to see the flop b/c it’s viewed as a sunk cost and, hey, worked out pretty good for Johnny Chan?
But if the flop comes up 5-9-Q, they fold, despite the allure of paying $6M to see if the straight pops up?
Sound about right?

 

[knicks07]

Deshaun at least had a stellar track record before being found out a criminal. I can see an organization like the Browns, who at worst are a $4 billion franchise, in the NFL which prints money, taking a significant financial risk on an established & talented QB in the best league in the world where maybe only 30 of those guys exist at best. The contract will most certainly not work out in the Browns favor and I probably wouldn’t have offered it. BUT

SU is a financially conservative, limited resources university coming off a decade long decline, and bid against themselves for a guy with ZERO track record as a head coach. He hasn’t even been a high school head coach.

I agree that Watson was good to start his NFL career but in the end one of the worst contracts ever. As for SU I worked there for 25 years in a financial position that interacted with Athletics so no disputes w your second point

 

[hoopsupstate]

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.

Your source is full of it.

 

[gmoney44]

There's been much speculation about Red's contract on this board. Are you saying that he is making $3mil per year? And that his contract is 5 years? Can that really be true?

Everyone involved with that contract should be fired. What a bunch of imbecile shot callers up on the hill.

 

[Chip]

I’m not challenging anyone, but I’m also very skeptical that there’s a buyout that high. It makes no sense.

I don’t know. Everyone here seems to believe it.

I could say I heard the buyout was $25M, and more than half the board would say I can’t believe we committed to that!

 

[hoopsupstate]

If SU wants to play hard ball they can tell Red he can come back next year, but half your salary is going to NIL. FSU did it in football.

 

[Orangezoo]

If SU wants to play hard ball they can tell Red he can come back next year, but half your salary is going to NIL. FSU did it in football.

That very much depends on the language in the contract. You can’t just breach a contract.

 

[hoopsupstate]

That very much depends on the language in the contract. You can’t just breach a contract.

He can quit or be fired.

 

[Chip]

JW better hope it continues without McCord.

Or else what, he hired the wrong guy?

Football is going to struggle in 2025, the schedule is brutal. So if you’re looking to pile on JW, you’re in luck.

 

[Scooch]

I don’t know. Everyone here seems to believe it.

I could say I heard the buyout was $25M, and more than half the board would say I can’t believe we committed to that!

For sure. But until someone speaks authoritatively about it then it’s all rumor anyway.

Like I said, it just doesn’t make any sense that it’d cost us that much if we let him go. But I’m all ears if it’s true.

 

[capeorange]

The football team is packing the house and going to bowl games because of JW. His job is safer than most of ours.

I think the credit should go to Fran for that one.

 

[Scooch]

A buyout would also be a fine thing for a reporter to report on. But that won’t happen cause college reasons.