Dutch wrote:huskerpony wrote:I think we do have the money. If the reports are true that we came up with 10-12 mil, that is on top of what the Athletic Department was already paying Bennet--over 500 K. So, a five-year contract could easily be 2.5 mil guaranteed with the other 2 mil left for assistants and incentive packages.
what about the buyout for bennett? you're not leaving enough room in there for assistants/coordinators - $400,000 for assistants isn't enough. and the Athletic Dept wasn't footing the bill for Bennett either. the majority of that salary came from donors as well.
you ususally have good insight here, but i will tell you that I know (not think) we don't have the money to pay $2.2-$2.5.
You're probably right. What was Bennett's buyout? I thought there were reports that we didn't have to pay it if he got another job and goes to Baylor? Wasn't his contract extension only for a couple of years?
As far as assistant's salaries, that should already be in the budget, unless we are upping the assistant salaries by a lot too. Usually assistants' contracts are only 1 year, so we should only have to buyout the current assistants through May.
Regardless, if we need to come up with an extra $1-2 mil in donations, don't you think RGT and Steve-O could pull that off? Maybe not. They could have tapped everything everyone is willing to give at this point.