ND reported to be ready to pay $18 million to buy out Charlie Weis contract
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And Brian Kelly of Cincinnati is their #1 choice to replace him. All rumors right now of course........
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I do believe that Bama has Saban just about locked down with his latest contract extention, or at least I hope so.
<< <i>yea...never mind the rising cost of tuition and the taxpayers paying for all this chit...I'm tired of colleges and schools spending money like it's all their money! >>
Notre Dame is a private university. It is their money.
I'm sure that their are a few alums at Notre Dame more than willing to increase their yearly donations to cover this cost. Bobby Lowder is rumored to have personally paid for Tommt Tubberville buy out clause at Auburn last year. Lowder was the owner of Colonial Bank (now defuncted) and supposively made the choice after Colonials Bank's stock went up by a large percentage. I have no facts to back this up, but where there is smoke there is usually fire.
I also must add this diclaimer: ( I HATE AUBURN )!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!
<< <i>yea...never mind the rising cost of tuition and the taxpayers paying for all this chit...I'm tired of colleges and schools spending money like it's all their money! >>
Where does it say they're using public funding for the buyout?
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<< <i>yea...never mind the rising cost of tuition and the taxpayers paying for all this chit...I'm tired of colleges and schools spending money like it's all their money! >>
Where does it say they're using public funding for the buyout? >>
stevek likes shooting off his mouth before he thinks.
FWIW - I think the final amount paid will be negotiated for less or spread out over longer years. Charlie will want to get back into coaching and ND could force him to sit for the remaining years of his deal if they have to pay the full amount.
Because of the money Pete Carroll, Saban, and Urban Meyer have gotten from their universities, the price for a top coach has gone up a lot. If a coach can get you to the BCS, that alone is worth $4m a year to the school. Plus the other revenue. It is money well worth spending.
<< <i>And Brian Kelly of Cincinnati is their #1 choice to replace him. All rumors right now of course........ >>
Screw that -- leave the Big East alone!
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<< <i>yea...never mind the rising cost of tuition and the taxpayers paying for all this chit...I'm tired of colleges and schools spending money like it's all their money! >>
Notre Dame is a private university. It is their money. >>
I knew that was coming...yea sure...like the taxpayers don't windup paying for it one way or the other...come on now...worst recession in many years, yet college costs keep going up - it's known as wasteful spending...and this is a good illustration of it...tip of the iceberg so to speak.
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<< <i>yea...never mind the rising cost of tuition and the taxpayers paying for all this chit...I'm tired of colleges and schools spending money like it's all their money! >>
Where does it say they're using public funding for the buyout? >>
stevek likes shooting off his mouth before he thinks.
FWIW - I think the final amount paid will be negotiated for less or spread out over longer years. Charlie will want to get back into coaching and ND could force him to sit for the remaining years of his deal if they have to pay the full amount.
Because of the money Pete Carroll, Saban, and Urban Meyer have gotten from their universities, the price for a top coach has gone up a lot. If a coach can get you to the BCS, that alone is worth $4m a year to the school. Plus the other revenue. It is money well worth spending. >>
Furthermore, it's my understanding that virtually all of these coaches' contracts are paid for by booster money, so it's not like these salaries are coming from the general fund.
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<< <i>yea...never mind the rising cost of tuition and the taxpayers paying for all this chit...I'm tired of colleges and schools spending money like it's all their money! >>
Where does it say they're using public funding for the buyout? >>
stevek likes shooting off his mouth before he thinks.
FWIW - I think the final amount paid will be negotiated for less or spread out over longer years. Charlie will want to get back into coaching and ND could force him to sit for the remaining years of his deal if they have to pay the full amount.
Because of the money Pete Carroll, Saban, and Urban Meyer have gotten from their universities, the price for a top coach has gone up a lot. If a coach can get you to the BCS, that alone is worth $4m a year to the school. Plus the other revenue. It is money well worth spending. >>
yea...sometimes I do with smack talk - LOL
But not with this...took me 10 seconds to Google and find this...this is from the Notre Dame website...who do you think winds up paying for "government grants"?
Funding Opportunity Workshop
Learn How to Find Funding Opportunities Using the COS and SPIN Database Services, as well as Grants.gov
COS Database Service
The University of Notre Dame subscribes to COS Funding Opportunities. Through the Notre Dame network you’ll learn how to navigate COS, the single most comprehensive source of funding information. You’ll have access to over 25,000 records worth more than $33 billion dollars in active funding opportunities from across the world in all disciplines, including foundation and federal sources.
Find, Apply, Succeed with Grants.gov
Grants.gov is your source to FIND and APPLY for federal government grants. Grants are offered by the 26 federal grant-making agencies. Learn how to use the search function within grants.gov and where to find additional information.
For additional information, please contact Kimberly Deprey at 631-5488 or you can e-mail at deprey.2@nd.edu
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<< <i>yea...never mind the rising cost of tuition and the taxpayers paying for all this chit...I'm tired of colleges and schools spending money like it's all their money! >>
Where does it say they're using public funding for the buyout? >>
stevek likes shooting off his mouth before he thinks.
FWIW - I think the final amount paid will be negotiated for less or spread out over longer years. Charlie will want to get back into coaching and ND could force him to sit for the remaining years of his deal if they have to pay the full amount.
Because of the money Pete Carroll, Saban, and Urban Meyer have gotten from their universities, the price for a top coach has gone up a lot. If a coach can get you to the BCS, that alone is worth $4m a year to the school. Plus the other revenue. It is money well worth spending. >>
Furthermore, it's my understanding that virtually all of these coaches' contracts are paid for by booster money, so it's not like these salaries are coming from the general fund. >>
Point understood and we know that...however...the "booster money" that will be going into Charlie Weis's pocket, could have been used for other purposes to lower costs for students and the taxpayers.
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<< <i>yea...never mind the rising cost of tuition and the taxpayers paying for all this chit...I'm tired of colleges and schools spending money like it's all their money! >>
Where does it say they're using public funding for the buyout? >>
stevek likes shooting off his mouth before he thinks.
FWIW - I think the final amount paid will be negotiated for less or spread out over longer years. Charlie will want to get back into coaching and ND could force him to sit for the remaining years of his deal if they have to pay the full amount.
Because of the money Pete Carroll, Saban, and Urban Meyer have gotten from their universities, the price for a top coach has gone up a lot. If a coach can get you to the BCS, that alone is worth $4m a year to the school. Plus the other revenue. It is money well worth spending. >>
Furthermore, it's my understanding that virtually all of these coaches' contracts are paid for by booster money, so it's not like these salaries are coming from the general fund. >>
Point understood and we know that...however...the "booster money" that will be going into Charlie Weis's pocket, could have been used for other purposes to lower costs for students and the taxpayers. >>
I believe that in most cases the booster money would be kept by the booster, and not given to the dean's fund in lieu of a donation to the athletic department.
Collecting 1970s Topps baseball wax, rack and cello packs, as well as PCGS graded Half Cents, Large Cents, Two Cent pieces and Three Cent Silver pieces.
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<< <i>yea...never mind the rising cost of tuition and the taxpayers paying for all this chit...I'm tired of colleges and schools spending money like it's all their money! >>
Where does it say they're using public funding for the buyout? >>
stevek likes shooting off his mouth before he thinks.
FWIW - I think the final amount paid will be negotiated for less or spread out over longer years. Charlie will want to get back into coaching and ND could force him to sit for the remaining years of his deal if they have to pay the full amount.
Because of the money Pete Carroll, Saban, and Urban Meyer have gotten from their universities, the price for a top coach has gone up a lot. If a coach can get you to the BCS, that alone is worth $4m a year to the school. Plus the other revenue. It is money well worth spending. >>
Furthermore, it's my understanding that virtually all of these coaches' contracts are paid for by booster money, so it's not like these salaries are coming from the general fund. >>
Point understood and we know that...however...the "booster money" that will be going into Charlie Weis's pocket, could have been used for other purposes to lower costs for students and the taxpayers. >>
I believe that in most cases the booster money would be kept by the booster, and not given to the dean's fund in lieu of a donation to the athletic department. >>
That point understood as well....so if booster money is kept by some boosters then so be it...but it would be silly to believe that all of the booster money would be kept by all of the boosters. If someone is an alum or fan of Notre Dame and wants to contribute, then in my opinion most of them are gonna contribute whether or not a "Charlie Weis" is there or not.
For example, I am an alum of Penn State - if I ever decide to be a booster, it's not gonna matter if Joe is there or not, or whether the football team is winning or not...I am loyal to Penn State and will be a booster or contribute funds to other areas of the University.
Would some not contribute any money or less money if a "name" coach isn't coaching the football team? Perhaps that is true for some but in my viewpoint that wouldn't be a very loyal alum or fan. And a reverse argument could be used that if Notre Dame is gonna be "stupid" and pay Charlie Weis all this money...IE wasting money...then it could also be a possibility that some boosters may decide to give their money to charity or other organizations instead, rather than a school which is frivolously blowing their donated money.
<< <i>I believe boo is correct. I don't think that if ND saves money on the head coaching position that they will decide to add new urinals in bathrooms instead.. >>
You can't be sure of that...and in my opinion there's no doubt that blowing 18 million dollars affects the students and taxpayers in some negative way.
I'm not saying there should be a "salary cap" on coaches, but it's high time that institutions which rely on taxpayer dollars such as "government grants", begin showing more fiscal responsibility.
That is exactly what we need. We need the government to stick its nose into college coaches' salaries.
How about this, let the marketplace decide what fair compensation is. If an institute decides to overspend for a coach, then that institute is responsible if the hire goes south. At this point in time, ND is paying the price for a bad choice. Some institutes are benefitting from the choices that they made, i.e. Florida, USC, & Alabama.
And yes, I am unfairly picking on you Steve only because I have Westbrook on my fantasy team and I am angry!
<< <i>Steve,
That is exactly what we need. We need the government to stick its nose into college coaches' salaries.
How about this, let the marketplace decide what fair compensation is. If an institute decides to overspend for a coach, then that institute is responsible if the hire goes south. At this point in time, ND is paying the price for a bad choice. Some institutes are benefitting from the choices that they made, i.e. Florida, USC, & Alabama.
And yes, I am unfairly picking on you Steve only because I have Westbrook on my fantasy team and I am angry! >>
I am about as conservative as ya can get when it comes to a free market and keeping the government's nose out of it...but when it comes to my tax dollars, I simply don't like seeing it squandered...and there's too dam much of that going on these days. I'll leave it at that.
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<< <i>I believe boo is correct. I don't think that if ND saves money on the head coaching position that they will decide to add new urinals in bathrooms instead.. >>
You can't be sure of that...and in my opinion there's no doubt that blowing 18 million dollars affects the students and taxpayers in some negative way.
I'm not saying there should be a "salary cap" on coaches, but it's high time that institutions which rely on taxpayer dollars such as "government grants", begin showing more fiscal responsibility. >>
I can tell you from experience that Notre Dame has one of the most generous student grant programs in the country. What they pay Charlie Weis will not make any difference in student tuition. All the $18m means is that another building named after a rich alumni will not get built this year. The schools endowment is well over $1 billion dollars, I don't see the Irish going to the govt for a bailout anytime soon.
I think that we are pretty much in agreement, I'm just mad at you for your avatar and the fact that Westbrook has a soft melon, and that my fantasy team is 3 - 7 right now. Yes, I know that it is not your fault, but at this time I am mad at the whole city of Philadephia. I firmly believe in scapegoating. Its not helpful, but it makes me feel better. Please take no offense to my rants. If my fantasy teams continues to tank, I may have to have a blame storming session. Never draft a 30 year old running back, I mean NEVER!!!! Sorry I digress.
<< <i>Steve,
I think that we are pretty much in agreement, I'm just mad at you for your avatar and the fact that Westbrook has a soft melon, and that my fantasy team is 3 - 7 right now. Yes, I know that it is not your fault, but at this time I am mad at the whole city of Philadephia. I firmly believe in scapegoating. Its not helpful, but it makes me feel better. Please take no offense to my rants. If my fantasy teams continues to tank, I may have to have a blame storming session. Never draft a 30 year old running back, I mean NEVER!!!! Sorry I digress. >>
Hey, that's okay...but when Westbrook breaks out and the Eagles win the Super Bowl, I'll expect at least some lukewarm praise from ya.
Let Weis finish his contract- even though the two losses to Navy are not helping his cause, but even Era lost to Navy
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