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Where's the money?

FIG, I know you have mentioned the money issue in the past....it's a big issue. Any new coach will demand a lot....probably, immediate locker room improvement, weight room improvements, media improvement, academic support improvements.....a long list.
The easy way out is to wait until 2021 when full B1G funding arrives.Without a sense of urgency kicking the can down the road always has resonance at Rutgers.
 
If I was the agent for the new coach, I’d ask for the big money in the first three years given the school’s tendency to fire coaches after just three years. RU is a career killer, so get your money up front.
 
The money was always there. It is just in the past our ADs have made the choice to not spend it on basketball

Rutgers has a total budget of $3.8 Billion. Rutgers Athletics gets about $70 Million of that. We are talking about spending a couple of million extra on Jordan's buyout and the incremental cost of the next coach.

Let's put it in terms of your household budget. Let's say you make $200,000 per year. So that is your household budget (comparable to the $3.8 billion Rutgers annual budget). You've allocated $3700 to spend on your summer vacation (comparable to Rutgers Athletics budget). A week's stay in the Hyatt Regency will cost you a total of $105 more than a week in the Super 8. With a household budget of $200,000 and a vacation budget of $3700, you aren't asking where the extra $105 will come from to stay in the Hyatt. You may choose to stay in the Super 8 anyway, but you certainly aren't being forced to by budgetary constraints.

If the money was always there we would have fired Flood a year earlier. If the money was always there we would have canned FHJ earlier and on different terms. If they money was always there we wouldn't have shit facilities.

The athletic budget has been getting slashed and there has been a focus on reducing the subsidy. The athletic budget cannot be relied upon to payout coaching regimes and hire new ones on a consistent basis, which is what's been needed for years at Rutgers.

These kinds of decisions require support from donors. Times appear to be changing at Rutgers and I think Hobbs is the right man for the job and will do great things but until we see big donors stepping up on a consistent basis Rutgers will strapped for money until the full payouts come in from the conference.
 
the money was there but the Presidents layed out an order NOT to spend it

the move to can Flood AND Julie and paying them and the covert hiring of Hobbs showed that Barchi either got an earful from someone or woke a new person, its a different set of circumstances, so the money is available to spent this time
 
If the money was always there we would have fired Flood a year earlier. If the money was always there we would have canned FHJ earlier and on different terms. If they money was always there we wouldn't have shit facilities.

The athletic budget has been getting slashed and there has been a focus on reducing the subsidy. The athletic budget cannot be relied upon to payout coaching regimes and hire new ones on a consistent basis, which is what's been needed for years at Rutgers.

These kinds of decisions require support from donors. Times appear to be changing at Rutgers and I think Hobbs is the right man for the job and will do great things but until we see big donors stepping up on a consistent basis Rutgers will strapped for money until the full payouts come in from the conference.

The money is there. But that doesn't mean the AD chooses to spend the money they way you want him/her to, nor does it mean that we have ADs who are fiscally responsible or fiscally astute. For example, Bob Mulcahy made such a habit of extending coaching contracts and then firing the coach a year later, that at one point we were paying 3 basketball coaches.

Going back to my travel budget example, you may have the $105 to choose to stay at the Hyatt vs the Super 8. But that doesn't mean you have the money to take a private jet to your destination.

Rutgers certainly has the money to hire good coaches for all our revenue sports. We hired Ash, who shows a lot of promise. But that doesn't mean that we had unlimited money to hire Nick Saban.
 
If I was the agent for the new coach, I’d ask for the big money in the first three years given the school’s tendency to fire coaches after just three years. RU is a career killer, so get your money up front.

OR, ask for 7 years like danny hurley. At least you walk away with a big bag of cash after you get fired in 3 years.
 
the money was there but the Presidents layed out an order NOT to spend it

the move to can Flood AND Julie and paying them and the covert hiring of Hobbs showed that Barchi either got an earful from someone or woke a new person, its a different set of circumstances, so the money is available to spent this time


No different than when the money was spent to buy out Rice and Pernetti and then pay Jordan more than Rice was making.

No one ordered Pernetti to hire Flood and Rice on the cheap (heck, he hired Flood for less than half of what was already budgeted to pay Schiano). Certainly ADs have to justify their coach hiring decisions, and they have to justify their budget plans (just like executives have to do everywhere). But that is not the same as the president or board dictating the decisions to the AD.

Hobbs made the decision; it was Hobbs' call. No one was telling him he has to fire Jordan. Hobbs made the decision, and then he explained it to his management.
 
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