I alluded to this in another thread. Here is what is happening now
Rumor was, though, that the board was who wanted Frank gone this year. Ray wanted to give another year(?)"The hearing also revealed the university's athletic department was so strapped for cash after COVID-19 took a $40 million chunk from its budget that it had to borrow $10 million from the school's general fund to pay off a nearly $13 million buyout to football coach Will Muschamp. That stunned lawmakers, who had been told for decades that athletics pays for itself.
Finlay saying, “Their funding is supposed to come from ticket sales and tv revenue… it’s supposed to be its own discreet funds.”
Going on to say, “I’m struggling to understand why the athletic department is so bereft of funds.”
Earlier this month, the school fired men's basketball coach Frank Martin and will pay him $3 million not to coach.
“Shouldn't we fire y'all like we did Muschamp and Frank Martin? Certainly your buyout is a lot cheaper," Harpootlian said."
It would have been easier financially just to keep Will and Frank for another respective season.
I still believe an AD shares some responsibility in keeping his/her programs competitive, too. You can't keep going into the red because you're not bringing in enough ticket revenue during chronically bad seasons, either.
From that standpoint, our AD put the BoT over a barrel, and created part of the problem as well.
Yea for the life you f me cannot understand how we allow taters on our board of trustees. Just absolutely insane.I am sure ole Clemson boy Harpootlian will try to make things even worse than they are.
I was in hopes we already are at the bottom and starting the way back up. But who knows. Stay tuned I guess.I am sure ole Clemson boy Harpootlian will try to make things even worse than they are.
?Yea for the life you f me cannot understand how we allow taters on our board of trustees. Just absolutely insane.
Oh I misunderstood. You mentioned Harpootlian and being the smartest in the room.?
He's not on the BOT.
Yeah he’s just a d bag politician/ lawyer doing the questioning. Low country colonel sanders type. He’s also tied in with the Murdaughs. They’re USC folk, or what’s left of them.O
Oh I misunderstood. You mentioned Harpootlian and being the smartest in the room.
I concur.Sounds to me like a lot of wealthy people in a power struggle. Maybe we should have some working class folks on the BOT and take a look at how other Universities BOT operate. As far as the buyouts go. This is all a part of big program sports these days. You are not going to attract a potentially high caliber coach without a buyout on their contract. You can look across the college landscape and all power 5 programs are paying big buyouts when they fire a coach. I would bet that many of them had to use University monies to make some of the buyouts over the last year or so, but there should be and probably is some plan to re-pay those funds to the schools. This does not mean I think Ray Tanner has done a good job, I just think the buyout stuff is way overblown.