Thank you Virginia Tech

PSUFTG

All-Conference
Nov 1, 2021
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40+ million dollars saved.
I believe VT was paying Pry around $5 million per year.
If (new) VT HCJF is not paid substantively more than that, I would expect PSU to cry "foul". They certainly should, if that be the case. But I would wager VT and JF's contract WILL be for much more than that.


FWIW - Some recent ACC Coach Contracts ($ per year), data a year or so old, so probably a bit higher right now:
Clemson 11.5 Million
UNC 10.1
Miami 8.3
Pitt 7.3
NC State 6.2
Louisville 6.0

Average of those =approximately $8 Million. (Several ACC schools are "private", and don't necessarily list their figures publicly)
I think the lowest $ deal in the ACC is the guy at SMU - Lashlee (originally around $2.5 - $3 million) - who probably has signed, or will sign, a new deal for a lot, lot more.


If VT signs deal for any amount significantly below $8 Million, PSU would - I believe - have a strong "not market rate" argument.
Keep in mind - despite the "insurance" of the PSU buyout, it is in JF and Jimmy Sexton's best interest to get as much as possible from VT.



The bulk of PSU's increased costs is likely to come from a higher $ rate for their next coach - especially given AD PK's penchant for feeling that "If I pay more, I got a better ____" and I am a better AD, which worked very much to Mike Rhoades' benefit 2 years ago.
 

Big_O

All-Conference
Jun 28, 2001
1,266
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My son-in-law will be thrilled - Not! His nightmare scenario has happened, although he might be better than Pry.
 

Catch1lion

All-Conference
Oct 12, 2021
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The Athletic article on the signing kind of focuses on the not getting over the hump as his PSU legacy.
......Franklin had been at Penn State since the 2014 season and took the Nittany Lions to a College Football Playoff semifinal just a season ago. His Penn State teams infamously struggled to win games on the biggest stages, going 4-21 against top-10 teams and 1-18 against top-10 Big Ten teams.

I don't like that after the divorce , he is just moving across the street. And will be getting custody of some fo the kids.
 

taryn

Redshirt
Nov 1, 2020
62
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Actually, that’s a good place for a coach like him. He’ll probably do very well there…get them to be one of the top teams in the ACC.

Which is kinda like being one of the top teams in the ACC.

Actually, that’s a good place for a coach like him. He’ll probably do very well there…get them to be one of the top teams in the ACC.

Which is kinda like being one of the top teams in the ACC.
jimmy frank is saying,THANK G** ALMIGHTY ,NOT in the big 10 or sec. where I can not win when it counts.
 
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Bob78

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Jul 5, 2001
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Can PSU pull enough talent out of Mt Carmel and Pottsville to make up for what CJF is going to pull out of VA and MD?
That's what I'm thinking. This is likely to become a real challenge for us in the DMV. The challenge that Locksley promised but couldn't deliver on.
Next coach for PSU better be leading a herculean recruiting effort and top-tier staff. Retention of some coaches already on board could help.
 
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Bwifan

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Oct 12, 2021
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I believe VT was paying Pry around $5 million per year.
If (new) VT HCJF is not paid substantively more than that, I would expect PSU to cry "foul". They certainly should, if that be the case. But I would wager VT and JF's contract WILL be for much more than that.


FWIW - Some recent ACC Coach Contracts ($ per year), data a year or so old, so probably a bit higher right now:
Clemson 11.5 Million
UNC 10.1
Miami 8.3
Pitt 7.3
NC State 6.2
Louisville 6.0

Average of those =approximately $8 Million. (Several ACC schools are "private", and don't necessarily list their figures publicly)
I think the lowest $ deal in the ACC is the guy at SMU - Lashlee (originally around $2.5 - $3 million) - who probably has signed, or will sign, a new deal for a lot, lot more.


If VT signs deal for any amount significantly below $8 Million, PSU would - I believe - have a strong "not market rate" argument.
Keep in mind - despite the "insurance" of the PSU buyout, it is in JF and Jimmy Sexton's best interest to get as much as possible from VT.



The bulk of PSU's increased costs is likely to come from a higher $ rate for their next coach - especially given AD PK's penchant for feeling that "If I pay more, I got a better ____" and I am a better AD, which worked very much to Mike Rhoades' benefit 2 years ago.
I am thinking JF contract will be in the range of $8 - $10 million per year. Would not surprise me to see $10 million per year. Like him or not Sexton always seems to get his clients top dollar. Probably wagged the SEC teams are closing in on Big Game James quick so you better sign him now and VT jumped.
 

PSUFTG

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Nov 1, 2021
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That's what I'm thinking. This is likely to become a real challenge for us in the DMV. The challenge that Locksley promised but couldn't deliver on.
Next coach for PSU better be leading a herculean recruiting effort and top-tier staff. Retention of some coaches already on board could help.
For sure, HS recruiting will remain a "thing", obviously.

But I expect that PSU's "roster competitiveness" over the next few years will hinge far more on "portal" than HS recruits.
Longer-term, depending on how the landscape plays out, "portal" could become the more important avenue for just about every team (but, that of course will vary on how the legal/regulatory landscape plays out). Obviously.


PS: Under the new coach, what is the new "buzzword" going to be?
 

PSUForever

Senior
Feb 17, 2007
760
751
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The Athletic article on the signing kind of focuses on the not getting over the hump as his PSU legacy.
......Franklin had been at Penn State since the 2014 season and took the Nittany Lions to a College Football Playoff semifinal just a season ago. His Penn State teams infamously struggled to win games on the biggest stages, going 4-21 against top-10 teams and 1-18 against top-10 Big Ten teams.

I don't like that after the divorce , he is just moving across the street. And will be getting custody of some fo the kids.
He's not a threat. He will recruit better than most Va Tech coaches but if we hire well and with our brand we should still get the better talent out of Virginia and Maryland.
 

ApexLion

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Nov 1, 2021
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I am thinking JF contract will be in the range of $8 - $10 million per year. Would not surprise me to see $10 million per year. Like him or not Sexton always seems to get his clients top dollar. Probably wagged the SEC teams are closing in on Big Game James quick so you better sign him now and VT jumped.
it is 9M reportedly,

Krafty is headed for 12M the longer this goes on...
 
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PSUForever

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Feb 17, 2007
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VT got a better coach than we’re going to get unfortunately.
That is only because you think BGJ is an excellent coach and top 5 or 10 in the country. Curious, would you just let him continue to lose every big game all the while getting huge raises @ PSU? Or are you one of these prisoner's dilemma people....we had to fire him but we also have no shot of getting anyone as good so our program is doomed forever? The program is dead, our choice is with Franklin or someone new but it is dead?
 

PSUFTG

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Nov 1, 2021
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As I understand it (and will have to wait for 100% confirmation) PSU AD/Admin made a $9 million "oops" this week - which was a last remaining chip for Sexton to play before HCJF signed his VT deal.
Not that it should surprise anyone. Par for the course.
 
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Ludd

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Oct 12, 2021
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You have no clue whether or not that is ultimately true. We could get a dud or someone who could be a flat out superstar. A divorce was needed things had run there course. Something was off behind the scenes. You don’t know who we are going to get and how they will fare.
None of the names being seriously discussed are better than Franklin, so I have a pretty good idea who we get won't be better.
 

Ludd

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Oct 12, 2021
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That is only because you think BGJ is an excellent coach and top 5 or 10 in the country. Curious, would just let him continue to lose every big game all the while getting huge raises @ PSU? Or are you one of these prisoner's dilemma people....we had to fire him but we also have no shot of getting anyone as good so our program is doomed forever?
I don’t believe you fire a coach who just had the best season for the school in 30 years after going 3-3 the following year.
 
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Erial_Lion

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Nov 1, 2021
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I believe VT was paying Pry around $5 million per year.
If (new) VT HCJF is not paid substantively more than that, I would expect PSU to cry "foul". They certainly should, if that be the case. But I would wager VT and JF's contract WILL be for much more than that.
PSU going after VT for a deal that they feel was sub-market sounds like a worst case scenario. Doubt we want this to land in a court room where we're arguing that the guy we fired for poor performance is so good that he deserves more $.

As I mentioned before, we took full advantage on the other side of things with the sub-market deal that we gave Manny Diaz...likely knowing that Miami wasn't going to want to fight it.

Hopefully Sexton is getting him paid big $ at V and it's all moot.
 
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Bvillebaron

All-Conference
Feb 4, 2004
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I believe VT was paying Pry around $5 million per year.
If (new) VT HCJF is not paid substantively more than that, I would expect PSU to cry "foul". They certainly should, if that be the case. But I would wager VT and JF's contract WILL be for much more than that.


FWIW - Some recent ACC Coach Contracts ($ per year), data a year or so old, so probably a bit higher right now:
Clemson 11.5 Million
UNC 10.1
Miami 8.3
Pitt 7.3
NC State 6.2
Louisville 6.0

Average of those =approximately $8 Million. (Several ACC schools are "private", and don't necessarily list their figures publicly)
I think the lowest $ deal in the ACC is the guy at SMU - Lashlee (originally around $2.5 - $3 million) - who probably has signed, or will sign, a new deal for a lot, lot more.


If VT signs deal for any amount significantly below $8 Million, PSU would - I believe - have a strong "not market rate" argument.
Keep in mind - despite the "insurance" of the PSU buyout, it is in JF and Jimmy Sexton's best interest to get as much as possible from VT.



The bulk of PSU's increased costs is likely to come from a higher $ rate for their next coach - especially given AD PK's penchant for feeling that "If I pay more, I got a better ____" and I am a better AD, which worked very much to Mike Rhoades' benefit 2 years ago.
Penn State has a good faith claim not fair market.
 

Bvillebaron

All-Conference
Feb 4, 2004
2,169
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For sure, HS recruiting will remain a "thing", obviously.

But I expect that PSU's "roster competitiveness" over the next few years will hinge far more on "portal" than HS recruits.
Longer-term, depending on how the landscape plays out, "portal" could become the more important avenue for just about every team (but, that of course will vary on how the legal/regulatory landscape plays out). Obviously.


PS: Under the new coach, what is the new "buzzword" going to be?
Portal is a short term “solution” at best. For every Indiana there is a FSU.
 
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