Funny money

How it started:

If all goes as planned, Mel Tucker will become the highest-paid coach in the Big Ten. And Michigan State will make a major show of strength that it plans to be a significant spender in college football in the next decade.

MSU is preparing a historic $95 million, 10-year contract extension for Tucker to remain with the Spartans, university sources confirmed to the Free Press on Wednesday. The 49-year-old Cleveland native is set to become among the highest-paid coaches in the country.

How it’s going:

When it comes to college athletic department books, “deficit” doesn’t mean what you think it means.

25 Comments

Filed under It's Just Bidness

25 responses to “Funny money

  1. Ran A

    Good for MeL! If they are dumb enough to offer it, be smart enough to take it.

    Liked by 5 people

  2. 79dawg

    Am sure they are just making up the losses by increasing volume!

    Liked by 7 people

  3. uga97

    Attention ESPN+ Disney+, Hulu bundle subscribers, starting Feb 1 your new rate increase will now include Live feeds of Michigan State Athletics sponsored by Michigan State only NIL Advertisements. Enjoy.

    Like

  4. Granthams Replacement

    There isn’t much that involves the government that knows what deficit means or gives a rats ass about it if they know.

    Liked by 6 people

  5. Biggen

    I like Mel Tucker, but… $9.5 million a year? Who is going to come calling on Tucker that you need to throw Saban/Dabo money at him?

    Liked by 4 people

    • Down Island Way

      The deep pockets @ msu that believe Coach Tucker is a righteous dude and are going to scratch those checks no matter what you , I or anyone at msu think…

      Liked by 1 person

      • miltondawg

        If Harbaugh takes an NFL job, which he 100% should, MSU stands to be the beneficiary for a few years of being big brother in that state. I think that MSU boosters know two things that make locking up Tucker long-term at stupid money rational in their minds: (1) There are numerous “better” HC jobs in college football, including one in their own state, and (2) while his previous 10 year stint in the NFL had ups (Browns & Jags) and downs (Bears), Tucker would probably be an attractive candidate for several DC jobs in the NFL.

        Like

    • stoopnagle

      (LSU)

      Like

  6. You gotta spend money to make money! Am I right?

    Liked by 1 person

  7. Down Island Way

    While the topic is open and I get current contracts, bonus’s and what not, getting the staff competed, which one steps up first UGA AD or CKS’s agent, figure if UGAAA doesn’t step first, it’s not a good look…

    Like

  8. dawgphan34

    Isnt this one of those deals where the money for Tucker is not being paid by MSU? I believe some boosters have put the money up for the contract. Just like with buyouts at the big schools.

    And the last 2 years have probably been a little rough on a lot of organizations, financially.

    Liked by 1 person

  9. Hogbody Spradlin

    Borderline Auburn. Well, Michigan State is the little brother up there.

    Liked by 1 person

  10. Has any athletic director seen Jimmy Sexton and Lord Voldemort in the same room because he is a dark wizard?

    Liked by 2 people

  11. Dawg19

    This is proof that all they care about is beating Michigan.

    Liked by 1 person

    • Texas Dawg

      And all Michigan cares about is beating OSU. Vicious little semi-circle there.

      Like

    • spur21

      It’s also further proof that – ah – well ah – you know – the market is beyond the reach of us mere mortals.
      I hope he earns it – he is a good dude from what I hear.

      Liked by 1 person

    • Down Island Way

      Hell, even I care about beating meeshigun, should meeshigunners think they can get on the same field with UGA football, anytime, any place, any where, if they want come to the orange bowl and play against UGA football…oh, wait…

      Liked by 1 person

  12. divingduck7

    Sounds like the accountant’s problem

    Like

  13. Nil Butron is a Pud

    University Athletic Departments: All the transparency of Hollywood accounting, mixed with the incompetence of state government bureaucracy…

    Liked by 2 people

  14. MSU AD: Mel, how about we pay you $7M per year?
    Tucker: Well…I don’t know what to say!
    MSU AD: Fine…$8M
    Tucker: No, I mean…
    MSU AD: OK…$9.5M, but that’s final.
    Tucker: Gee, I was just trying to say…
    MSU AD: Alright…guaranteed over 10 years. Man you drive a hard bargain! Glad to have you on our side.
    Tucker: Sure…Thank you.

    Liked by 5 people