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Buying out Holtz?

E.T.

By E.T.
in USF South Florida Bulls Athletics

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ScienceBull Rising Star

ScienceBull

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Posted

$2.5 million to buy him out seems doable. We can raise that right? Bake sale? Car wash?

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Leviathan
Leviathan

USF won't buy Holtz out and he won't be fired. This is USF, not FSU, UF, or a similar big time school. I doubt USF has the alumni like those other schools to really run a coach out of town.

Who'sYourData?
Who'sYourData?

I thought you were going to say we'll have a high pick in the draft next year.

jasonb56
jasonb56

We have 8 tickets in section 209... and it will NEVER get so bad that I would give those up... The fans need to stick together and think about the long-term, not burn and run!! That being said, th

TallyBull Toro Magnifico

TallyBull

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Posted

Can someone clarify how much TOTAL money USF would have to pay to fire Skip? Is it $2.5 million TOTAL (one lump sum) or is that for a term of years per year through 2017 - $12.5 million total ($2.5 million x 5 years = $12.5 million)? Greg? Anyone? Obviously, it makes a big difference. GoBulls83 is right.

it's total. he is guaranteed $500k per year. he has 5 years left.

If that's true, seems to me money wouldn't be the impediment to firing Skip. Not to say that's insignificant money, but it's not prohibitive. However, doesn't mean they'll pull the trigger (for a variety of other reasons, they'll probably keep him).

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BDYZR Toro Magnifico

BDYZR

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Grandfathered in, so I will keep my eight tickets, but I can give up the Club Access and save $900/year.

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Bulls Are We Toro Magnifico

Bulls Are We

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Posted

Can someone clarify how much TOTAL money USF would have to pay to fire Skip? Is it $2.5 million TOTAL (one lump sum) or is that for a term of years per year through 2017 - $12.5 million total ($2.5 million x 5 years = $12.5 million)? Greg? Anyone? Obviously, it makes a big difference. GoBulls83 is right.

it's total. he is guaranteed $500k per year. he has 5 years left.

Wow...I thought it would be much more. We can afford that. I guess Woolard is not as clueless as we thought?

Two options:

The next couple of seasons we could go on the road for some big payday games (@USC or @Ohio State, etc.) and we can make a lot of that up.

And/or

Hire the right guy (up and coming coordinator) and pay him $1.5mil. Even after Skippy's buyout of $500K per year we still break even @ 5 years.

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BullyPulpit Toro Magnifico

BullyPulpit

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Posted

I wonder contractually if Skip Holtz has ultimate/final say on the coaching staff. If he doesn't, one way to force him out would be to bring in assistant coaches and coordinators that he doesn't get along with. This would hopefully lead to him resigning or taking a much smaller buyout than he is contractually entitled to receive.

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gobulls83 Toro Magnifico

gobulls83

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Posted

I feel a lot better if that figure for Holtz's buyout is accurate. I believe there's a very good chance Holtz is gone after this year at that amount if this team performs in the second half of the season as poorly as it has in the first.

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Bullshiznitz Grand Bull

Bullshiznitz

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Posted

Can someone clarify how much TOTAL money USF would have to pay to fire Skip? Is it $2.5 million TOTAL (one lump sum) or is that for a term of years per year through 2017 - $12.5 million total ($2.5 million x 5 years = $12.5 million)? Greg? Anyone? Obviously, it makes a big difference. GoBulls83 is right.

it's total. he is guaranteed $500k per year. he has 5 years left.

Wow...I thought it would be much more. We can afford that. I guess Woolard is not as clueless as we thought?

Two options:

The next couple of seasons we could go on the road for some big payday games (@USC or @Ohio State, etc.) and we can make a lot of that up.

And/or

Hire the right guy (up and coming coordinator) and pay him $1.5mil. Even after Skippy's buyout of $500K per year we still break even @ 5 years.

Also, as someone has already pointed out in another thread, USF stands to make at minimum another $3-4 million per year with the new TV contract (if not a lot more). They could also easily structure a new coaches contract to backload it some knowing they'll have extra funds coming in to offset the buyout.

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jonpfl Enthusiast

jonpfl

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Posted

According to the USF Alumni Association facebook page, there are 15,000 likes.

If we got 15,000 alumni to contribute $167...

;)

I'm in!! Only 14,999 to go!

That's a tiny fraction of what our 6 seats (and "club donation") costs each year... The troops are already suggesting that we don't bother renewing next year given the coaching situation the past few years - and we've had these 6 seats since day 1 in the Old Sombrero.. :(

Something has to be done, I just don't see Doug or Judy doing it.

We have had 8 seats since day 1 as well and we are thinking we might give up our seats as well

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hm101 Toro Magnifico

hm101

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Posted

meanwhile... faculty pay, scholarships, capital improvements, etc

Seriously? Pay 2.5 million to fire someone?

I would be appalled. He is saying the right things. I think it has hit him.

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2000bull Toro Magnifico

2000bull

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Posted

maybe it's all those tweets, facebook pages and websites that gave him a little idea people are upset w/ him

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