If Rutgers gets rid of Ash it isnt a lump sum payment. It's a normal pay schedule every two weeks.
I have NEVER seen our fan base so ready to abandon our program
- Thread starter Scarlet Shack
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This is a good point. I seriously don't think the backlash would be that bad from the media. The hype of his return would overshadow it. "Prodigal son returns home to save RU" the scenario markets itself. Hell they're already writing articles about how Rutgers needs do something.
Sure they'll be backlash from the professors and an article from the known culprits, but to the masses I believe that message will fall on deaf ears. If season ticket sales rise, throw that in naysayers faces. If attendance rises throw that in their faces. If merchandise sales rise continue the attack on the naysayers. Get the message out this move worked and didn't cost as much as they propose.
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again,Schiano and Hobbs left off at a bad point last go around.hobbs didnt like that Schiano pushed for Miami job first before seriously having his agent get back to Hobbs.Hobbs then caught an attitude,and Schiano told his agent forget it.so its up to hobbs and Barchi to fix it.
Again my apologies to lump you in the group like @RUnTeX who is mocking a supporter in another thread. It is those who I am talking about.
Offer him some crazy incentives as well ... million dollar bonus per B1G East win ... 10 million for each B1G championship ... if he hits a few, we will be flying high!!!
29 year season tickey holder. I think I can find something better to do with our 6k per year.
Ash should have never been hired. Career position coach with a 2 year title only of DC at tOSU (where talent outclasses coaching). Iowa boy who doesn't know anything about Jersey probably only says to recruits "when I was DC at tOSU, bla bla bla".
Say what you want about Schiano, but he's a Jersey guy. He's got family and coaching connections here. Kids remember his good teams, they see his players in the NFL. Parents remember his genuine concern for his players, especially EL. Bringing him back makes a huge splash with recruits and fans.
If the admission doesn't make some real commitment, I'll go down to one cheap ticket and never attend just to keep my points. They already pissed me off by increasing parking for empty lots.
Ash should have never been hired. Career position coach with a 2 year title only of DC at tOSU (where talent outclasses coaching). Iowa boy who doesn't know anything about Jersey probably only says to recruits "when I was DC at tOSU, bla bla bla".
Say what you want about Schiano, but he's a Jersey guy. He's got family and coaching connections here. Kids remember his good teams, they see his players in the NFL. Parents remember his genuine concern for his players, especially EL. Bringing him back makes a huge splash with recruits and fans.
If the admission doesn't make some real commitment, I'll go down to one cheap ticket and never attend just to keep my points. They already pissed me off by increasing parking for empty lots.
For me I'm looking at this from a money perspective and something you could sell to the media, all the naysayers and get fans back in their seats from the jump. Unless he gets a home run hire, the buy out will be indefensible. People aren't going to jump back on the bandwagon for Joe Schmo from West of Nowhere University. They'll take a wait and see approach which will exacerbate the money issues. Then if he doesn't get this next hire right he's toast. So in essence, his ego might just write a check his body can't cash.
So I'll first comment that if my gentle, suggestive remarks to the other poster are considered mocking then your definition of that term is seriously weak/soft. This board sees worse every 30 seconds or so.
Secondly, you seem to be missing this but that poster clearly admitted that he is no longer a supporter of Rutgers football and is not planning to return as a supporter at this time. So there's that.
Btw, I'd have no problem welcoming that poster and his family back if they ever decided to step foot in the stadium again. But he seemed pretty adamant that it's not going to happen.
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Im going to Temple @ Navy on Saturday. Im surprised you haven't mocked me for passing on the Rutgers @ MD game that I planned to go to just 30 miles away.
My point, and l started a thread last night about what the OP is doing shouldn't be fodder of so called Rutgers "loyalist"
Its a horrible season. Let people make their choices, you make yours. No need to impart your viewpoint and call people out in one of the worst seasons ever.
I believe this. And to back it up, I looked at stubhub for prices for lower level 50 yd line seats for the indiana game. In the week before, prices were $13 per seat.
The apathy even shows in the second ticket market. I cant believe someone at RU isnt paying attention to the significant decline in second hand ticket prices. Its a leading indicator of next years season tix commitment.
What was Ash doing during those 6 weeks after being hired ? Planning a defensive scheme for OSU or just adding material to his binder.
I do not understand this sentiment.
Marco Battaglia Sports practice complex ($8.5MM), Basketball practice facility ($115MM), Fred Hill baseball and softball complex ($3.3MM), Gary and Barbara Rodkin Center for Academic Success (new home for men's and women's soccer and lacrosse).
So, it appears Barchi has approved about $150MM worth of athletic construction projects, correct?
All of it. Either in the forms of donations (minimal compared to other P5 schools) or in debt obligations the University had to take on to pay for the projects. Not trying to be a wise ass, but where do you think the money came from?
I will add as someone involved with real estate projects for $1B+ healthcare companies I can state that every dollar we pay for athletics is a dollar the University does not spend on academics. That is why the $30MM+ schools like OSU, Michigan, Penn State, etc receive in alumni donations each year v. our $7MM is, in my opinion, the biggest challenge for RU in being competitive athletically. Those donations are the dollars that other schools spend on athletic infrastructure, whereas Rutgers needs to borrow the funds for our athletic infrastructure.
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No. Im not talking about donations. Im talking money from the school not donations raised for specific projects. If someone donates $20 million to the basketball complex than Barchi doesn't have to "approve" it.
How much non donations has Barchi approved out of the general budget?
For the $115MM basketball practice facility I believe $25MM of that is in state tax credits and we borrowed another $25MM. I am not privy to the inner workings of Rutgers budget, but normally tax credits are only available after completion of a project and are usually paid over a period of time (i.e 10 years). Tax credits are not "cash". So Rutgers may need to finance/borrow for that $25MM tax credit gap as well (I believe I do not know). The Big Ten Build Fund supplied the rest I believe.
So if my math is correct we have $65MM in available capital to build a $115MM basketball practice facility.
Maybe you have a calculator handy, but this looks like about $200 million to me "invested" or spent, or however you want to describe it, into athletics. This does not count student fees, which there are arguments on both sides for counting, and are another ~$100 million:
YEAR TICKET SALES CONTRIBUTIONS RIGHTS / LICENSING STUDENT FEES SCHOOL FUNDS OTHER TOTAL REVENUES
2017 $12,824,201 $8,125,201 $25,440,105 $11,766,728 $21,320,750 $17,406,042 $96,883,027
2016 $13,757,852 $8,980,761 $20,070,475 $11,421,897 $17,188,776 $12,554,398 $83,974,159
2015 $13,845,553 $9,886,024 $20,268,745 $10,863,906 $12,939,997 $2,754,710 $70,558,935
2014 $10,466,489 $8,113,992 $18,851,432 $10,323,090 $26,017,575 $2,883,761 $76,656,339
2013 $8,782,103 $6,131,982 $13,473,131 $9,877,989 $37,118,708 $3,605,562 $78,989,475
2012 $10,044,989 $9,013,610 $13,896,193 $9,518,734 $18,477,322 $3,087,872 $64,038,720
2011 $9,329,987 $7,657,866 $8,776,378 $9,032,350 $19,443,173 $5,950,346 $60,190,100
2010 $12,390,580 $9,198,611 $12,152,921 $8,441,092 $18,426,587 $3,593,464 $64,203,255
2009 $9,780,816 $7,951,689 $11,054,253 $7,794,629 $17,937,921 $3,994,555 $58,513,863
2008 $8,353,115 $7,554,789 $10,345,893 $6,980,728 $15,256,553 $3,521,413 $52,012,491
2007 $4,549,838 $5,814,041 $9,311,207 $6,447,790 $13,849,266 $3,914,354 $43,886,496
2006 $3,845,565 $4,863,963 $8,041,455 $5,807,996 $14,384,303 $4,248,976 $41,192,258
2005 $3,699,541 $4,251,944 $6,362,038 $5,314,905 $14,567,049 $3,802,152 $37,997,629
And just to add more to this, the three highest figures all came while Barchi was president.
Really, I don't know how much more some of you think the school should spend. What other schools have spent $200 or $300 million on athletics over the past 13 years?
The only relevant financial issue here are how revenues (primarily driven by ticket sales) will be affected by keeping Ash, and Ash's guarantee (no idea why anyone reading this board for more than a day still says buyout when there is none). The last number on this chart is from the 2016 football season. So let's assume it is about $8 million now. You are realistically looking at that number being back to a FY2006 level next year, IMO. That's the cost of keeping Ash.
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Tax credits aren't from the school. Borrowing money is great if the future payments are paid out of the general fund. I'm guessing they will be just like the Football Stadium expansion. The payments come out of the Athlectic Department's budget.
I still don't see any money that Barchi approved that is coming out of the general fund.
And BTW. Barchi had nothing to do with getting these projects started, planned or funded.
If I am CEO of a $4B+ company (approximately Rutgers annual budget) and one of my money losing divisions wants to borrow $50MM you don't think as CEO I have to approve that? Come on. Of course Dr. Barchi has to approve the money we borrow for athletics. I would assume the by laws make it so the BOG has to approve any and all borrowing for athletics as well.
On the other hand I would imagine schools like OSU, PSU, Michigan, etc that fund ALL of it with donations have much less responsibility to governance and approvals (although I would still believe there is some level of governance they must go thru).
Not trying to be a jerk, but I sit on several Boards. I don't think this all works the way most here believe it works.
On the other hand I would imagine schools like OSU, PSU, Michigan, etc that fund ALL of it with donations have much less responsibility to governance and approvals (although I would still believe there is some level of governance they must go thru).
Not trying to be a jerk, but I sit on several Boards. I don't think this all works the way most here believe it works.
Not arguing, just not sure what you are trying to say.
Ash's guarantee=a five-year, $11 million contract. Ash made $2 million as a rookie head coach in 2016. The contract runs through February 2021 and calls for annual salary increases of $100,000. He got extended through February 2023.
Let's say he gets fired at the end of this year. That's 4 years left:
2016-$2 Million-Paid
2017-$2.1 Million-Paid
2018-$2.2 Million-Paid
--------------
2020-$2.3 Million
2021-$2.4 Million
2022-$2.5 Million
2023-$2.6 Million
That's $9.8 Million for the last 4 years of his contract.
Ticket sales: Fair to assume each lost ticket sale is equal to $500 for the season?
If so, 5,000 lost season ticket sales=$2,500,000 loss for each season.
Firing Ash and hiring a new coach gets us back to $0 on the balance sheet.
If RU loses 10,000 tickets sold by keeping Ash, Ru will be running a -$2.5Million/year deficit to keep him.
That does not even take into account lost Audi Club sales and lost donations due to fan disgust and apathy.
You would agree that companies that are for profit are run dramatically different than the government and government agencies.
Also if that losing division came to you wanting to get rid of a failing leader and go out and hire a proven successful leader. Would the board give approval providing that the division raise the money on their own? I was in some of the top financial company's in the country for 30 years. The answer is an emphatic no.
I was just correcting your statement that our subsidy has been the highest or in the top three for a decade, and that it was "pretty well known". It hasn't been, though that's the perception by some.
That doesn't mean our subsidy isn't high, or that it can't be reduced, or whatever else - it's just that your statement that "subsidy from the school has been the highest or top 3 for going on a decade now" was inaccurate.
ASH is a coach on game day? He acts more like a guy with a sideline pass.
Knight shift says it well...though I think donation portion could push the season ticket number to much lower than 6000 season ticket lost to be cost neutral
And for what I am seeing ...I think the number could be far greater
And for what I am seeing ...I think the number could be far greater
All of the projects you mentioned came from private money donations not from the school general fund. How hard is it to approve private money funding a project? I don't see the argument you're trying to make here with @WhiteBus
As for @Wolv RU like all good RU academics who rag on athletics, you left out that pesky fact as to WHY the school increased the amount of money they spent on athletics under Barchi. It would be due to Barchi and the BOG hiring the cheapest HC they could find in football and basketball and Barchi hiring a completely unqualified Ad in Julie Herman. Oops, being cheap doesn't work? Now we have to pay all of these buyouts to make them go away! See how much money we spend on athletics?!
That's literally the argument you just used @Wolv RU
I am on the fence about sending an e-mail/text to our development contact that we are done giving $$ to athletics if Ash returns next year. Been kicking it around for a few days. We don't give like the heaviest hitters, but our donation is not chump change either.
Do what I did years ago, re-direct it to an Olympic sport. I am the biggest donor for one of the Olympic sports and it's really fun compared to my donation being good for football but not really moving the needle. Plenty of sports need the money, shift it to a sport that is showing progress.
Maybe, but as I said in another thread, we may want to sponsor a scholarship or do something in our old academic department.
What is crazy is that Ash has already cost 8,000 tickets.
Sorry, you have me pegged totally wrong. The fact is though that Barchi could have cut the subsidy to athletics at any time, regardless of those expenses (or at least have advocated to do so). He could have told the athletic department -- your problem find other cuts. He didn't.
Arguing about Barchi is ridiculous though. He's not getting fired. Ash should be and it has nothing to do with the subsidy. The athletic department has plenty of cash to pay Ash until 2023 and another coaching staff.
Fvck academics, seriously. I would never give a penny to that side of Rutgers. I did a scholarship for athletics and I would recommend that.
No he couldn't cut the subsidy. It was his screw up so he had to fix it. Eddie Jordan was hired by the BOG, we didn't have an AD at the time. Julie Herman was hired by him and Flood should have been fired but he already tried the ol' "find the funds" only to let the guy disgrace the athletic program and put Rutgers in the national media for the wrong reasons. You have to be kidding me...
$50MM of the $115MM needed to pay for the basketball practice facility did not come from private funds. We are the only P5 school to have not funded a basketball practice facility solely from donations.
As for your comment directed @Wolv RU I would suggest the reason we hire "on the cheap" is because we have an extraordinarily low donor rate. And that has been going on for decades as evidenced in the stats for the last 10+ years in our USNWR ranking.
I'm not saying folks can't be disappointed in Coach Ash's performance. I am simply saying those calling for the University/Barchi to "step up" are barking up the wrong tree.
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