Tear Em Asunder

RamNation Ramblings

Big Horned Sheep

Joined: 08/24/2014 Posts: 14096
Likes: 12765


I would say it has less to do with admitting a mistake and more to do w/


The $5MM cost to do so (which to be honest is probably closer to $2.5-3.5MM, depending on if CSU moves on from Joe, if Addazio has opportunity elsewhere, and including the $600K we still owe Bobo).

Keep in mind that we didn't have much football last year. University was digging deep to cover costs through the entire university, athletics included. A lot of people transferred what they had paid for season tickets over to the year. That is less money coming in this year. And significantly in many respects.

Remember we are still paying what is left of the Bobo buyout. It is Sept 14th, if you are going to fire Steve Addazio, you save the university and athletic department $2MM of you wait until December 31st. Something tells me the coach we are going to get in January is the same as if we act now. look at UCF with Malzahn, CU with KD, etc., great coaches can be found in January when $2MM is saved. Sure, maybe you can negotiate a situation where you pay Daz the rest of his pay this year and the exit fee to do it sooner. But that requires acceptance that Addazio is gone by both he and CSU. I don't think Daz is there yet. I know the cost of the buyout is also decreased by future salary, so maybe that can help if Urban can hire him to the Jags. Point is, it isn't likely a flip of the switch. We don't have USC $. We don't have Bama $. We don't even have CU $. As far as what is coming into athletics anyway. Some want to believe we can just use endowment $. Well generally universities can use investment profit from endowments. Sure markets have been good, but keep in mind there was a lot of loss last year in university revenues that are likely being covered already with that. Additionally, what can be used is generally based on the previous year, not current year, in which markets were not nearly as good as they are now.

[Post edited by Big Horned Sheep at 09/14/2021 2:25PM]

(In response to this post by jack87)

Posted: 09/14/2021 at 2:02PM



+3

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Current Thread:
  I doubt his ego is such he can't admit a mistake -- tweeter 09/14/2021 1:03PM
  You can't have many closed door meetings without saying something. -- AnotherBoulderCountyDBag 09/14/2021 1:16PM
  Welcome to Colorado State University! ** -- AnotherBoulderCountyDBag 09/14/2021 1:26PM
  I agree with you... ** -- Shiner 09/14/2021 12:28PM
  I think you are being optimistic... -- Shiner 09/14/2021 12:11PM
  Yep ** -- jcl508 09/14/2021 12:05PM
  I agree ** -- Ram78 09/14/2021 11:58AM

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