Those fans came back but if they want to protest again then that's their choice . You're right 4 million is not enough savings so Stoops for 2 more years then cut loose if it failed , good call .
If we fire Stoops, how do we play for the buyout and the hiring of a new coach?
- Thread starter Glenn Fohr
- Start date
http://www.courier-journal.com/stor...016/05/31/ukfb-season-ticket-update/85198036/
dont even try, all those fans DID NOT come back
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I have no problem with a fan supporting a standing coach as you are doing. However, to say others don't want it to work and are pulling for failure is a simplistic argument that holds no water. I can't think of a single UK fan who wouldn't want it to work, are you kidding me? I know many fans are done with Stoops but more because they feel they've seen enough evidence to believe it won't work, not because they don't want it to work. I would have loved to see it work for Joker as much as I would love to see it work now for Stoops but I have just lost faith in the guy as a head coach and feel he is in over his head. Decent recruiter, no doubt, but I don't see where he is making any headway on the field and that's where it counts. Now, I do agree with you that the buyout, which I am now hearing figures around $18 million total, is staggering. Not to mention coming up with more money for a new staff on top of the buyout. Therefore, I think we will see Stoops here again for another season. But, the buyout next year will still be rather steep, just not quite as much as this year. Someone comes up with a large enough donation to get rid of him and then he will be gone. But, all that remains to be seen and there are still 10 games left on the schedule for Stoops and gang to prove the doubters wrong. We'll see how it goes.
You can't read or math apparently. Perhaps you should read his contract instead of lazily adopting Matt Jones and Mark Story's clueless opinions. Nothing I have said is suspect and everything I have said in this thead have came from facts that I have researched.
The UK athletics budger was $117 million last year, it will go up this year. Mark Stoops is due $3.75 million next year, $4 million in 2017, $4.25 million in 2018. That averages out to $4 million a year, if the yearly budget stays at $117 million, what percentage does that average out to be? So that big scary $12 million dollar figure over 3 years will go against an atheletics budget of close to $360 million over those 3 years.
I hope Stoops turns it around this year because that's the best case scenario, but if he doesn't he absolutely has to go and it is absolutely doable financially.
The real question is going to be what is the cost of keeping Stoops vs the cost of firing him.
The cost of keeping him would have to be a projection based upon assumptions of lost revenue due to lower ticket sales, lost concessions, donations, and any other revenue streams that are directly impacted on the collapse of fan support.
I'd be curious to see how UK budgets for these and whether or not we could simply come up with a dollar figure based upon a dramatic drop in season ticket sales and actual attendance of those who no-show.
The cost of keeping him would have to be a projection based upon assumptions of lost revenue due to lower ticket sales, lost concessions, donations, and any other revenue streams that are directly impacted on the collapse of fan support.
I'd be curious to see how UK budgets for these and whether or not we could simply come up with a dollar figure based upon a dramatic drop in season ticket sales and actual attendance of those who no-show.
Bottom line is why would we when there is no sure fire coach to take over , if there was an elite coach or even a really good one that you knew could right the wayward ship them I say go for it . Throwing around coaching options on a message board is completely different than what can actually be gotten . You don't eat this much money unless there is a sure fire hire in the wings and there's not . So you're left with another gamble , nothing about this is reasonable except to the anger message board poster .
Buyout is kind of small potatoes here.
Mitch/UK Athletics have bills to pay that depend on football being successful (from a financial standpoint, if nothing else): $11.1 million a year for next couple decades to service the debt for the Commonwealth renovation and the new science center.
If you're going to invest big dollars in football ... it had better work as a money machine.
Mitch/UK Athletics have bills to pay that depend on football being successful (from a financial standpoint, if nothing else): $11.1 million a year for next couple decades to service the debt for the Commonwealth renovation and the new science center.
If you're going to invest big dollars in football ... it had better work as a money machine.
Well Stoops is due $12 million the next 3 years to be paid in equal monthly payments if he is terminated without cause according to his contract. The assistants contracts are guaranteed only if they don't get another job. All should be able to except for Brumbaugh. Their payments are also due in monthly installments. So it's $360 million over those 3 years, so do the math.
if you use jokers first year, 2010 as a baseline, that was 53,449 season tickets sold. Since then, the aggregate fewer tickets sold each year thru this season is 55,591. so UK has lost more than an ENTIRE YEAR of season ticket sales from joker to now. and I am quite sure you'd see similar results with single game, mini packages, walk up sales. how anyone can think there is a financial angle for keeping stoops - even with the ridiculous extention/buyout - boggles the mind.
UK football funds the entire athletic department. Here's your clue. It's a flash in the pan considering the football revolt that's about to take place among the fan base. Sit back and enjoy.
False , it does not fund the entire athletic department . It funds itself and the less popular sports , basketball turns a profit and garners significant booster support . So go ahead and sabotage UK football , watch it decay along with the lower sports .
It's always been installments. Why would you think otherwise?
Oh wait, you relied on the ****** reporting of others for your opinion instead of reading the contract.
I'm certainly not going to rely on someone who thinks 18 of 120 is 4% and that its small taters , if it was then UK should never take another donation as they don't need it .
I dont know how else to explain this to you but he's owed $4 million a year against a roughly $120 a year athletics budget. $12 million over 3 years vs a roughly $360 million athletics budget. It's not complicated at all.
It funds the entire athletic department outside of basketball. I'll make that correction. Nobody cares about lesser sports. I'm happy with a change. Not my fault you think that status quo is working. Sounds like a loser mentality to me.
Did UK sabotage the basketball team when it got rid of BCG?
Why is this part so hard for you to understand? The payments would not be one lump sum as far as I can tell.
Do you have a source that says it would be?
Even the article mentions that some of the cost would be eliminated as assistance obtain new jobs. If it is one lump sum then that clause would not be necessary.
Im not smart enough to link a PDF file but Mark Stoops and every other UK's contract is readily available online. I read it with my own eyes and he is due the remainder of his contract if fired without cause to be paid in equal monthly installments. If he is fired after Dec 1, 2017 he is due 80% of his remaining salary, if he is fired after Nov 30, 2018 he is due 60% of his remaining salary. All to be paid in equal monthly installments. That's still a significant amount of money but its not like they have to come up with one lump payment.
I said twice that it's a significant amount of money. Take you L like a man and admit you were wrong then move along. Or maybe just move along if you can't admit you were wrong.
http://www.uky.edu/Legal/files/Contracts/Stoops, Mark - 2014 Amended 10-2014.pdf
There's the contract, as amended. Look at the last two pages. If we term before 12/1/17, he gets his payout monthly, if we term early but after 12/1 17, he gets however much is left 60 days after we fire him.
This is a difficult issue - like everything else on this board the tendency is to make it sound simple and easy when it's not. On one hand, paying $12 million or $18 million or whatever is not easy, I don't care what the budget is. Every dollar in the budget is earmarked for something, and something won't get done or somebody won't get paid if you have to spend $12 million on a coach that you hadn't counted on. Hard choices. On the other hand, the picture below (from Joker's last game) is an AD's nightmare, and is something that cannot be tolerated and is worse long term than paying millions you can't afford....
I firmly believe the world, the culture - not just in Kentucky, but everywhere - has changed. People are simply too busy now, and it's just too easy to sit in the living room and watch on a 70 inch screen. The years of people faithfully going to Commonwealth game after game, year after year, no matter how bad the football - that's over. There is a very real chance that you never get back the fans you lose. Everyone says we will not pay the millions to terminate Stoops and Company early. That's probably the smart bet. But.......
There's the contract, as amended. Look at the last two pages. If we term before 12/1/17, he gets his payout monthly, if we term early but after 12/1 17, he gets however much is left 60 days after we fire him.
This is a difficult issue - like everything else on this board the tendency is to make it sound simple and easy when it's not. On one hand, paying $12 million or $18 million or whatever is not easy, I don't care what the budget is. Every dollar in the budget is earmarked for something, and something won't get done or somebody won't get paid if you have to spend $12 million on a coach that you hadn't counted on. Hard choices. On the other hand, the picture below (from Joker's last game) is an AD's nightmare, and is something that cannot be tolerated and is worse long term than paying millions you can't afford....
I firmly believe the world, the culture - not just in Kentucky, but everywhere - has changed. People are simply too busy now, and it's just too easy to sit in the living room and watch on a 70 inch screen. The years of people faithfully going to Commonwealth game after game, year after year, no matter how bad the football - that's over. There is a very real chance that you never get back the fans you lose. Everyone says we will not pay the millions to terminate Stoops and Company early. That's probably the smart bet. But.......
You take an L for thinking UK has 120 to touch around with , talk about tunnel vision . Exactly what have you won and what loss have I incurred ? You listed UKs revenue with no expenditures or commitments and act as if none of that money is spoken for but suggest it's no big deal as its on 4% . You think that is a victory then go tell UK you have it all figured out , you just pay 4% because look at all that other green . What a genius , you did it man . I'm sure they'll look at this and draw up a candidate list based on your very scientific revenue algorithm . And I was totally wrong because I said you was high .
Not one time did I say it's no big deal, I said it was significant multiple times. My point is that it's doable. You acted like it was an impossible task, you questioned my math, and you called me suspect. You go on repeating BS you heard and I will keep on stating facts.
Do you know which game this was? I'd like to know what the reported attendance was because actual attendance can't be over 10,000http://www.uky.edu/Legal/files/Contracts/Stoops, Mark - 2014 Amended 10-2014.pdf
There's the contract, as amended. Look at the last two pages. If we term before 12/1/17, he gets his payout monthly, if we term early but after 12/1 17, he gets however much is left 60 days after we fire him.
This is a difficult issue - like everything else on this board the tendency is to make it sound simple and easy when it's not. On one hand, paying $12 million or $18 million or whatever is not easy, I don't care what the budget is. Every dollar in the budget is earmarked for something, and something won't get done or somebody won't get paid if you have to spend $12 million on a coach that you hadn't counted on. Hard choices. On the other hand, the picture below (from Joker's last game) is an AD's nightmare, and is something that cannot be tolerated and is worse long term than paying millions you can't afford....
I firmly believe the world, the culture - not just in Kentucky, but everywhere - has changed. People are simply too busy now, and it's just too easy to sit in the living room and watch on a 70 inch screen. The years of people faithfully going to Commonwealth game after game, year after year, no matter how bad the football - that's over. There is a very real chance that you never get back the fans you lose. Everyone says we will not pay the millions to terminate Stoops and Company early. That's probably the smart bet. But.......
Well when you get done with facts go tell the UK boosters they don't need to contribute anymore with your new financial calculations , it only costs 4% so no need for help . Come to think of it they shouldn't pony up for facility upgrades if UK is flush with money every year , 120 mill that's entirely expendable . Write a letter to lawmakers while you're at it because if it's doable then UK doesn't need their help for any athletic upgrade , they have plenty . You would think that UK could finance their own stadium upgrade with that kind of revenue , sure is odd .
At what point did I said it was expendable? For the 5th time, I said it was a significant amount but doable. You're not gonna strawman me because you look ridiculous right now.
Ridiculous is paying a coaching staff 18 mill to not coach , I'm not the one suggesting that .
Well, the assistants wont get paid if they get other jobs which they will. UK will be on the hook for whatever the difference is if they get paid less but the amount will be significantly less. That $18 million headline was just clickbait for the huge number of morons we have in this state.
Bottom line is if he doesn't get it done this season its time for him to go. The lost revenue from poor ticket sales alone will make it worth it.
We have a lot of dumbasses who think this is a reasonable way to spend money , it's not .
X, you dont give 2 sh!ts about football. Not even sure why you are posting over here other than to chide fellow posters.
The smart move would be to eat the 18 million it would cost and cut him and staff loose before mega transfers, deccommitments happens. And there is now way you would wanna keep a lame duck coach after investing hundreds of millions of dollars in facilities only to see season ticket sales, K Club donations and game day ticket sales and concessions, parking revenue disappear. That would be the smart move. But then again, Mitch is making that decision. So we will probably be stuck with him and even give him a contract extension if he wins 6 games.
you could easily see season tickets off another 10-15% next season if he's still here (off 14% last yr to this year). that would put them down more than 20,000 seats from their peak before joker.
If he goes Less than 5/7 a 15 % reduction in season ticket sales would be a good number . My guess is it will be something like an additional third. I know it is early and people make idle threats but everyone I have talked with about this says unless he turns it around this year they are not renewing. I believe them . No fun going when you really have no hope of a winning season.
My groups out regardless as we re just burned out on it.
I have been a huge Stoops supporter but if he only manages 3 or 4 wins he has to go.
Penny wise pound foolish. Trying to save $4 or $6 MM will cost much more down the road.
Penny wise pound foolish. Trying to save $4 or $6 MM will cost much more down the road.