You knew the job was dangerous when you took it, Jeremy Foley.

Did you honestly think Colorado State would sympathize with your self-inflicted financial plight (“the Gators also must pay about $6 million for the remainder of Muschamp’s contract”) and waive collecting McElwain’s entire $7.5 million buyout?

Quite the shrewd customer you’ve turned out to be.

*************************************************************************

UPDATE:  Granted, my three-dimensional chess skills are lacking, but I think Bud Elliott is reading way too much into Florida’s tactics.  Besides, whatever kids CSU recruits – doesn’t a $7.5 million buyout hint that there’s always been a concern he’d leave for greener pastures?  And besides that, what kind of message would it send if the school waived the buyout?

*************************************************************************

UPDATE #2:  Well, Foley may not have outmanuvered CSU, but it sounds like he did okay squeezing his new coach.

$2 million?  Man, how badly does McElwain want the UF job?

Advertisement

40 Comments

Filed under Gators, Gators..., It's Not Easy Being A Mid-Major, It's Just Bidness

40 responses to “You knew the job was dangerous when you took it, Jeremy Foley.

  1. timphd

    Gator pain. It feels so good right now. Hope CSU holds out for the whole dollar amount.

    Like

  2. Spike

    Hang in there, CSU!! At least this can cheer up this old Dawg!

    Like

  3. j4k372

    This story fascinates me. Foley has put himself into a terrible position. His expectation was that he could offer a couple of million and a couple of FU games out in Fort Collins over the next few years to appease CSU. So he jumps on his jetplane and heads West. Not so fast my friend. The CSU President gives him the middle finger.

    My guess is that Nebraska or Michigan have show interest as well, which makes CSU’s stance even stronger to hold out for the entire buyout.

    As I watch this soap opera unfold, I have to wonder what Foley is thinking. He knew there was a $7.5M buyout plus he is going to have to pay $4M+ in salary and pay $6M to Boom. Is McElwain that great a coach? I think Foley believes he has found the next Urb, but I don’t see it.

    All the Fire CMR people need to pay close attention to this story. If you think the people in charge of a college football program are infallible, then think again. Foley is supposed to be a “the best athletic director in the country”.

    Who knows, maybe history will tell a different story when this is all said and done. But for now he looks like a moron that has made exactly two good hires in his 22 year history. Meyer and Donovan. Meanwhile he hired Zook/Boom, let the facilities fall behind, and now he has piled on to the troubles of his own football program by giving them bad press during recruiting season.

    Can you imagine the negative recruiting going on out there this week?

    Like

    • Reservoir Dawg

      This, plus a bunch.^^^^^^. We need to be careful what we wish for when wishing for a new winner at the helm. Another big problem is that McG got his advanced degree in football economics under this numbnuts.

      Like

    • @gatriguy

      That’s a little disingenuous. Florida is fantastic at all the nonrevenue sports as well. Foley had made a lot more than just 2 good hires.

      Like

      • The other Doug

        Non-revenue sport hires are totally different. The school president had the relationship with Meyer, so as time ticks on it’s starting to look like Foley can’t handle the big stage.

        Like

        • ruteger

          It’s also a little disingenuous to count only basketball/football hires and then say he “only has two good hires”. The apex of AD hiring would be to make a grandslam hire and then work to retain that coach so that you never have to try and make any more grandslam hires, such as what Foley did almost 2 decades ago with Donovan.

          Like

  4. Hogbody Spradlin

    I wonder if the buyout clause applies if McElwain gets himself fired for cause? Suppose it doesn’t. McElwain could (unintentionally of course) go out, get drunk, and start a brawl at a cat house in Nevada, and a few reporters could coincidentally be nearby.

    Voila, fired, and free agent Jim.

    Like

  5. Mad Mike

    If they need someone that doesn’t have a buyout I hear Coach O is available…..

    Like

  6. reipar

    If you read the article Foley’s position makes perfect sense. I mean when the former AD at CSU says in a meeting with five people the school president agreed to reduce or eliminate the buy out if a dream job came along seems like they would not have to pay the full amount.

    Like

    • j4k372

      Doesn’t make sense to me. Unless that was in the contract, it doesn’t mean jack squat.

      Like

      • Jack Klompus

        Perhaps he doesn’t think UF is a dream job.

        Like

        • @gatriguy

          True. It all depends on the definition of “dream job”. Personally, I don’t see how anyone could consider relocating from Fort Collins to Gainesville a dream. Especially McElwain, who is from the Rockies to begin with.

          Like

      • The other Doug

        Exactly, plus Foley could negotiate the buy out before making an obvious trip to FoCo. He screwed up and is getting screwed.

        Like

      • reipar

        Actually it can make a huge difference depending on the contract language and when this meeting was held. What is in the contract is not the end all be all, or there would not be so much litigation over contract interpretation.

        Like

    • What UF needs to do is step up to the plate and spend a little money. You can’t get a great coach if you’re afraid to get out that checkbook. Great coaches deserve and get 7 figure salaries.
      😉

      Like

    • Even if the president made that statement, it is not embodied in the contract. Two basic principles may apply (I say may because there may be facts applicable to those principles that were not reported.)

      First, a well drafted contract usually contains a “merger clause.” A merger clause states that the parties agree that the written contract is the entire agreements and no prior representations that are inconsistent with the written contract are enforceable, and no subsequent oral representations are enforceable. I understand from the article the contract permits the president but does not require the president to waive the buyout. The oral representation that he will does not change the written terms.

      Second, parties are permitted to agree to change the obligations of a written contract containing a merger clause. That agreement to change a contract is itself a contract, called a “novation.” Since a novation is a contract general contractual principles dictate whether the novation is enforceable. One is the requirement of consideration. A naked promise, unsupported by consideration or actions taken in reliance of the promise, are unenforceable. The question, then, is if the coach contends that the oral promise is a novation requiring the president to waive the buy-out if he is leaving for a “dream job,” then what consideration passed to make that promise an enforceable novation? I have not read of any.

      Finally, wouldn’t it be funny if the president said, “My promise does not apply to the Florida coaching job because nowadays it is not considered in the industry a “dream job!”

      Like

      • The other Doug

        The now fired AD who negotiated the contract said that McElwain’s attorney wanted the buy out lowered if McElwain was offered a dream job like Bama. Never mentioned Florida.

        Like

  7. @gatriguy

    I thought the UGAAA were the only people capable of botching a hire.

    Like

  8. DC Weez

    Hey Jeremy, Lane’s still available and I bet there’s no buyout.

    Like

  9. sUGArdaddy

    What people don’t realize is that the game has changed. Finding a great coach is pretty darn difficult. 20 years ago, it was a no brainer to leave Miss St. or Ole Miss to come to Florida or Georgia. That is not the case now. Ole Miss and Miss St. can pay similar salaries, and there’s a lot less pressure in Oxford than in Gainesville. You would never have stayed at TCU as long as Patterson has or Boise as long as Peterson did in the old days, but they make so much money now, and the access to television and the best bowls are off the charts now for even middle-tier programs.

    Bama’s coaching list in 2007 included Beamer, Jim Grobe, Saban, RichRod, Jeff Tedford, Petrino, Schiano, Houston Nutt & Paul Johnson. Think long and hard about that. They offered Saban, who turned them down. They offer RichRod, who turned them down. They went back to Saban and threw the bank at him and he came.

    And there’s just no sure-fire success. I thought Rich Rod would set the B1G on fire like Meyer has with his offense. It didn’t work, but it’s working in Tuscon. The ‘mastermind’ from Boise (Peterson) had a rough go of it in Seattle this year, and lost an impossible game when all he had to do was kneel on it a couple of times and the game was over. He chose to run his tailback up the middle, who promptly fumbled, setting up FG for the other team.

    Saban’s winning has been astronomical. It’s off the charts, but no one would have predicted that. He was very good at LSU, but not like this. And he was mediocre at Miami. But, who else has really won at any clip like that? No one. Bama’s run will end, just like Carroll and USC’s did, just like Spurrier and Florida’s did, just like UT and Fulmer’s did, just like Stoops and OU’s did, just like Bowden and FSU’s did, just like Holtz and ND’s did.

    We’ve got a fine coach and a program loaded with young talent, and probably the 2 best recruiting classes of Richt’s career lined up. We’ve got an OC who has turned into one of the nation’s best, and a DC who finally has a clue. We are turning the titanic administration toward more commitment to the program, and we are competitive every year. I mean, if we fired Richt, would any of us really be excited about McElwain? I wouldn’t. And that’s the best UF can do.

    Our coach is:
    9-5 vs Auburn
    8-6 vs. South Carolina
    12-2 vs. Tech
    10-4 vs. Tennessee
    5-9 vs. Florida
    3-2 vs. Bama
    4-4 vs. LSU
    3-1 vs. Clemson

    …and people want to get rid of this guy. It’s beyond absurd. No coach in America is coming to take a job where they get fired for having winning records over almost all their rivals and going 9-3. All the negative nellies are simply hurting our program and recruiting.

    Rant over.

    Like

  10. The most costly coach is Florida’s Will Muschamp, because his contract does not allow Florida to pay less if he finds another job. Counting the $6.3 million nonrefundable bonus, Florida’s total investment in Muschamp comes out to $19.3 million.

    Salary: $11.36 million
    Bonuses: $1.64 million
    Buyout: $6.3 million

    For his 28 wins, that comes out to a cost of $689,286 per victory.
    http://espn.go.com/blog/bigten/post/_/id/112102/what-did-brady-hoke-bo-pelini-and-will-muschamp-earn-per-win

    Like

  11. Shout

    And this is McGarity’s “mentor” by whom he was trained. God help us.

    Like

  12. DawgPhan

    I am shocked that UF’s new coach is going to pay $2million for the opportunity to have that job. That is crazy to me. But watching Foley work sure does give you some clear insight into how McGarity would work the situation. You can bet that the next UGA coach is going to have to hire his own moving and probably rent his office space from the university.

    Like

    • 69Dawg

      I think some booster at UF will end up paying Mc’s 2 million. Not sure that is NCAA legal but it will happen. The bigger gamble is they are paying him Urban money but he does not have Urban’s resume.

      Like

    • Mayor

      I also cannot believe McElwain would pay $2 Mil out of his own pocket for the job. My gut tells me there is already somebody behind the scenes that has promised to pay it.

      Like