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Topic:  A good way to spend money

Topic:  A good way to spend money
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giacomo
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  Message Not Read  A good way to spend money
   Posted: 11/12/2023 9:58:41 AM 
https://www.espn.com/college-football/story/_/id/38880082...

Jimbo Fisher expected to be fired today. His buyout is 70+ million. They are 6-4.
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Pataskala
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  Message Not Read  RE: A good way to spend money
   Posted: 11/12/2023 1:57:23 PM 
Michigan's next coach?

It's nice to know the state of Texas has poverty and other social problems so under control that one of its public schools can pay a football coach $77 million to not to work.


We will get by.
We will get by.
We will get by.
We will survive.

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colobobcat66
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  Message Not Read  RE: A good way to spend money
   Posted: 11/12/2023 2:27:42 PM 
Pataskala wrote:
Michigan's next coach?

It's nice to know the state of Texas has poverty and other social problems so under control that one of its public schools can pay a football coach $77 million to not to work.


I doubt much of that comes from the university that’s not paid back by donors but I may be wrong

It’s a waste of money anyway and shows the state of the new college athletics landscape.

Last Edited: 11/12/2023 4:17:30 PM by colobobcat66

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BillyTheCat
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  Message Not Read  RE: A good way to spend money
   Posted: 11/12/2023 7:42:35 PM 
Pataskala wrote:
Michigan's next coach?

It's nice to know the state of Texas has poverty and other social problems so under control that one of its public schools can pay a football coach $77 million to not to work.


Ain't none of that money coming from the state or school budget. But good try.
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Pataskala
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  Message Not Read  RE: A good way to spend money
   Posted: 11/12/2023 9:49:19 PM 
BillyTheCat wrote:
Pataskala wrote:
Michigan's next coach?

It's nice to know the state of Texas has poverty and other social problems so under control that one of its public schools can pay a football coach $77 million to not to work.


Ain't none of that money coming from the state or school budget. But good try.


It's not so much WHERE the money comes from as what it's used for. It's appalling that these donors didn't give that $77 million to programs that help the needy in the state.


We will get by.
We will get by.
We will get by.
We will survive.

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OhioCatFan
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Location: Athens, OH
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  Message Not Read  RE: A good way to spend money
   Posted: 11/12/2023 10:20:18 PM 
Pataskala wrote:
BillyTheCat wrote:
Pataskala wrote:
Michigan's next coach?

It's nice to know the state of Texas has poverty and other social problems so under control that one of its public schools can pay a football coach $77 million to not to work.


Ain't none of that money coming from the state or school budget. But good try.


It's not so much WHERE the money comes from as what it's used for. It's appalling that these donors didn't give that $77 million to programs that help the needy in the state.


I would agree with this idea. A little proportionality would be nice! Maybe a few million for the coach, and $50 million for job training programs to lift the poor out of poverty, and the remaining millions for your favorite charity.


The only BLSS Certified Hypocrite on BA

"It is better to be an optimist and be proven a fool than to be a pessimist and be proven right."

Note: My avatar is the national colors of the 78th Ohio Veteran Volunteer Infantry, which are now preserved in a climate controlled vault at the Ohio History Connection. Learn more about the old 78th at: http://www.78ohio.org

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L.C.
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  Message Not Read  RE: A good way to spend money
   Posted: 11/12/2023 11:15:44 PM 
Pataskala wrote:
It's not so much WHERE the money comes from as what it's used for. It's appalling that these donors didn't give that $77 million to programs that help the needy in the state.

I really don't care in the least where these donors spend their money. What I do care about is whether it is tax deductible. To the extent that it is tax deductible, it forces government to pay for part of it.


“We have two ears and one mouth so that we can listen twice as much as we speak.” ― Epictetus

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giacomo
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  Message Not Read  RE: A good way to spend money
   Posted: 11/12/2023 11:39:53 PM 
The team is 6-4 and not a hint of scandal. Is the football program that important to pay 77M to get rid of the coach? Not to mention what you have to pay the new guy. If I had 10B I wouldn’t pony up for this. Any donor that would is a lunatic. If I were an alum they would never get another penny from me.
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Andrew Ruck
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  Message Not Read  RE: A good way to spend money
   Posted: 11/13/2023 9:03:45 AM 
Pataskala wrote:
BillyTheCat wrote:
Pataskala wrote:
Michigan's next coach?

It's nice to know the state of Texas has poverty and other social problems so under control that one of its public schools can pay a football coach $77 million to not to work.


Ain't none of that money coming from the state or school budget. But good try.


It's not so much WHERE the money comes from as what it's used for. It's appalling that these donors didn't give that $77 million to programs that help the needy in the state.


Whose to say they don't give that to the needy too? You know nothing about the finances of whoever or whatever went into this.


Andrew Ruck
B.B.A. 2003

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GoCats105
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Location: Seattle, WA
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  Message Not Read  RE: A good way to spend money
   Posted: 11/13/2023 11:08:51 AM 
giacomo wrote:
The team is 6-4 and not a hint of scandal. Is the football program that important to pay 77M to get rid of the coach? Not to mention what you have to pay the new guy. If I had 10B I wouldn’t pony up for this. Any donor that would is a lunatic. If I were an alum they would never get another penny from me.


You don't offer the man the contract they did with the buyout they did unless they knew they could pay their way out of it.

The bigger question is: who do they get next? Because they're also going to have to pay THAT coach's buyout to get him to leave the current school, PLUS his new salary, PLUS new assistants salaries'.

Dan Lanning at Oregon is being mentioned, but Oregon put a hefty buyout on his contract after they lost two head coaches in a row to other schools (Taggart and Cristobal).

Mike Elko is the former DC at Texas A&M and has completely turned Duke around. He might be the cheapest option.
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Pataskala
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  Message Not Read  RE: A good way to spend money
   Posted: 11/13/2023 11:41:11 AM 
Andrew Ruck wrote:
Pataskala wrote:
BillyTheCat wrote:
Pataskala wrote:
Michigan's next coach?

It's nice to know the state of Texas has poverty and other social problems so under control that one of its public schools can pay a football coach $77 million to not to work.


Ain't none of that money coming from the state or school budget. But good try.


It's not so much WHERE the money comes from as what it's used for. It's appalling that these donors didn't give that $77 million to programs that help the needy in the state.


Whose to say they don't give that to the needy too? You know nothing about the finances of whoever or whatever went into this.


Until we know more about them, the only thing we do know is that they gave $77 million to get a football coach fired. That money would have helped a lot of people who need it badly.


We will get by.
We will get by.
We will get by.
We will survive.

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Ohio69
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  Message Not Read  RE: A good way to spend money
   Posted: 11/13/2023 6:54:45 PM 
Maybe they should have raised $77 million for player salaries… er… NIL deals….. instead… instant national champs ….





Last Edited: 11/13/2023 6:55:16 PM by Ohio69


Can somebody hit a pull up jumper for me?.....

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colobobcat66
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  Message Not Read  RE: A good way to spend money
   Posted: 11/13/2023 10:01:28 PM 
BillyTheCat wrote:
Pataskala wrote:
Michigan's next coach?

It's nice to know the state of Texas has poverty and other social problems so under control that one of its public schools can pay a football coach $77 million to not to work.


Ain't none of that money coming from the state or school budget. But good try.


It turns out that the fan support organization is only paying for the first year and the athletic department is paying out of their budget in the following years according to the AD. I would have not guessed that either.
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BillyTheCat
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  Message Not Read  RE: A good way to spend money
   Posted: 11/14/2023 11:29:35 AM 
Ohio69 wrote:
Maybe they should have raised $77 million for player salaries… er… NIL deals….. instead… instant national champs ….







They already have the top or one of the top NIL programs in the nation. Remember the name calling Saban did because he was losing kids to A&M on their way to the #1 recruiting class in 2022.

https://www.on3.com/nil/news/texas-am-aggies-football-jim... /
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Mike Johnson
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  Message Not Read  RE: A good way to spend money
   Posted: 11/14/2023 11:32:02 AM 
BillyTheCat wrote:
Ohio69 wrote:
Maybe they should have raised $77 million for player salaries… er… NIL deals….. instead… instant national champs ….







They already have the top or one of the top NIL programs in the nation. Remember the name calling Saban did because he was losing kids to A&M on their way to the #1 recruiting class in 2022.

https://www.on3.com/nil/news/texas-am-aggies-football-jim... /


FYI...Today's New York Times has an insightful article on the mega-buyout.


http://www.facebook.com/mikejohnson.author

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BillyTheCat
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  Message Not Read  RE: A good way to spend money
   Posted: 11/14/2023 11:32:49 AM 
colobobcat66 wrote:
BillyTheCat wrote:
Pataskala wrote:
Michigan's next coach?

It's nice to know the state of Texas has poverty and other social problems so under control that one of its public schools can pay a football coach $77 million to not to work.


Ain't none of that money coming from the state or school budget. But good try.


It turns out that the fan support organization is only paying for the first year and the athletic department is paying out of their budget in the following years according to the AD. I would have not guessed that either.


curious where you read that? I've only seen that the department and the 12th Man club would be paying the buyout, not the breakdown.
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cc-cat
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  Message Not Read  RE: A good way to spend money
   Posted: 11/14/2023 11:42:10 AM 
Pataskala wrote:
Until we know more about them, the only thing we do know is that they gave $77 million to get a football coach fired. That money would have helped a lot of people who need it badly.


I'm disappointed you went out to dinner recently. That money could have been better used at a food bank.
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colobobcat66
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  Message Not Read  RE: A good way to spend money
   Posted: 11/14/2023 11:47:01 AM 
BillyTheCat wrote:
colobobcat66 wrote:
BillyTheCat wrote:
Pataskala wrote:
Michigan's next coach?

It's nice to know the state of Texas has poverty and other social problems so under control that one of its public schools can pay a football coach $77 million to not to work.


Ain't none of that money coming from the state or school budget. But good try.


It turns out that the fan support organization is only paying for the first year and the athletic department is paying out of their budget in the following years according to the AD. I would have not guessed that either.


curious where you read that? I've only seen that the department and the 12th Man club would be paying the buyout, not the breakdown.


He said that at a Sunday news conference. I found when I searched source of funds.
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BillyTheCat
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  Message Not Read  RE: A good way to spend money
   Posted: 11/14/2023 1:40:50 PM 
colobobcat66 wrote:
BillyTheCat wrote:
colobobcat66 wrote:
BillyTheCat wrote:
Pataskala wrote:
Michigan's next coach?

It's nice to know the state of Texas has poverty and other social problems so under control that one of its public schools can pay a football coach $77 million to not to work.


Ain't none of that money coming from the state or school budget. But good try.


It turns out that the fan support organization is only paying for the first year and the athletic department is paying out of their budget in the following years according to the AD. I would have not guessed that either.


curious where you read that? I've only seen that the department and the 12th Man club would be paying the buyout, not the breakdown.


He said that at a Sunday news conference. I found when I searched source of funds.


Thanks! Interesting that the State Legislature doesn't have anything to say about that!
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GoCats105
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  Message Not Read  RE: A good way to spend money
   Posted: 11/14/2023 2:02:50 PM 
Dan Lanning told the press he's not going anywhere in his weekly conference last night. Famous last words.
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D.A.
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  Message Not Read  RE: A good way to spend money
   Posted: 11/14/2023 4:23:53 PM 
I love it when people opine on how/why others should spend their discretionary income. Please, tell us more...


The Few, The Proud, The Bobcats!

And for the record, I hate tOSU, and Ricordati and Torgerson are DB's.

"This isn't just another walkover from the MAC." Kirk Herbstreit, another DB, on College Football Gameday

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Andrew Ruck
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  Message Not Read  RE: A good way to spend money
   Posted: 11/14/2023 5:03:05 PM 
cc-cat wrote:
Pataskala wrote:
Until we know more about them, the only thing we do know is that they gave $77 million to get a football coach fired. That money would have helped a lot of people who need it badly.


I'm disappointed you went out to dinner recently. That money could have been better used at a food bank.


Exactly. People always draw the line just above their wealth and lifestyle for what is acceptable.


Andrew Ruck
B.B.A. 2003

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Deciduous Forest Cat
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  Message Not Read  RE: A good way to spend money
   Posted: 11/14/2023 5:07:12 PM 
Andrew Ruck wrote:
cc-cat wrote:
Pataskala wrote:
Until we know more about them, the only thing we do know is that they gave $77 million to get a football coach fired. That money would have helped a lot of people who need it badly.


I'm disappointed you went out to dinner recently. That money could have been better used at a food bank.


Exactly. People always draw the line just above their wealth and lifestyle for what is acceptable.


People do it just as much below their wealth line too. "how dare that person use food stamps to buy name brand cereal!!??"

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BillyTheCat
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  Message Not Read  RE: A good way to spend money
   Posted: 11/14/2023 6:51:05 PM 
D.A. wrote:
I love it when people opine on how/why others should spend their discretionary income. Please, tell us more...


+1
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OhioCatFan
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  Message Not Read  RE: A good way to spend money
   Posted: 11/14/2023 9:23:24 PM 
BillyTheCat wrote:
D.A. wrote:
I love it when people opine on how/why others should spend their discretionary income. Please, tell us more...


+1


+2


The only BLSS Certified Hypocrite on BA

"It is better to be an optimist and be proven a fool than to be a pessimist and be proven right."

Note: My avatar is the national colors of the 78th Ohio Veteran Volunteer Infantry, which are now preserved in a climate controlled vault at the Ohio History Connection. Learn more about the old 78th at: http://www.78ohio.org

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