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Arizona @ Hawaii

NowThis

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Beau Vine

Beau Vine 54471

Posted
Posted
22 minutes ago, SimonBolivar said:

Dude is chilling in Hawaii with A&M's money. He doesn't give a shit.

Quote

Thanks to a raise and contract extension awarded to him in 2013, Sumlin is still entitled to the $10 million he would have been paid if he hadn't been fired by A&M, according to his employment contract. 

That means Sumlin will join the ranks of several other coaches from Texas who will be paid millions by state schools not to lead their teams anymore. 

According to his contract, Sumlin earned a base salary of $5 million per year. His deal entitled him to all that pay through the end of his contract — Dec. 31, 2019 — unless he was fired "with cause" for some kind of criminal or NCAA rules violation. Sumlin was accused of no wrongdoing when he was dismissed; he simply didn't win enough games. 

 

With a little more than two years left on the deal, Sumlin is owed more than $10 million. 

What's more, there's no clause in the contract allowing A&M to reduce what it owes Sumlin if he gets a new job at a new school. 

 

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ButtFumble

ButtFumble 5186

Posted
Posted
Just now, CurlyDumps said:

How long does Summy last in Az?  Think he’ll be the coach a year from now?

that is a good question complicated by the fact that it is AU in the PAC 12

in the 2017-18 Fiscal year they had $95.87 million in revenues and $103.3 in expenses and that is including a $12.46 million academic side subsidy (with only $1.3 million of that from a new student fee he other $11+ million in a direct transfer)

so even with almost $12.5 million in academic side subsidies they still LOST $7.43 million in a single year

shit like that makes it hard to fire a high paid coach after only two seasons

plus this is a program that kept Mike Stoopsie for 8 seasons.....8 fucking season...

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Hook1997

Hook1997 5404

Posted
Posted
1 minute ago, ButtFumble said:

that is a good question complicated by the fact that it is AU in the PAC 12

in the 2017-18 Fiscal year they had $95.87 million in revenues and $103.3 in expenses and that is including a $12.46 million academic side subsidy (with only $1.3 million of that from a new student fee he other $11+ million in a direct transfer)

so even with almost $12.5 million in academic side subsidies they still LOST $7.43 million in a single year

shit like that makes it hard to fire a high paid coach after only two seasons

plus this is a program that kept Mike Stoopsie for 8 seasons.....8 fucking season...

Since you knows numbers, Want to explain how Forbes has atm the most profitable program in the country again?  Or do we need to page @Randolph Duke?  Friend told me that just came out I was like no  fing way it must be fuzzy math.  

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