The financial implications of not firing a bad coach

10,408 Views | 165 Replies | Last: 10 hrs ago by Alkiadt
ducktilldeath
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calumnus said:

ducktilldeath said:

The Ron Rivera **** is hilarious. He's literally never been a coach at the college level and none of you would even know his name if he hadn't been DPOTY in 1892.


He and his wife Stephanie are loyal Cal alums and major donors to Cal athletics and to our NIL collective.

Because there are 3 more years on Wilcox's contract, fully guaranteed, and our department is cash strapped until will get a full ACC payout, the <hope>, however slim, is that Rivera would come and be HC with his compensation deferred during the three years we are still paying off Wilcox.

Besides the fact that some of us knew him at Cal, he was a Cal All-American who like Aaron Rodgers SHOULD have been drafted by the local team and was a long time head coach in the NFL. Of course we know who he is.
You're not very bright.
82gradDLSdad
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ducktilldeath said:

The Ron Rivera **** is hilarious. He's literally never been a coach at the college level and none of you would even know his name if he hadn't been DPOTY in 1892.
Geez, what a bad post on a rival's board. Unless you're trolling which in an of itself shows an even lower level of emotional balance than your board name. Go enjoy your team unless you have some real reason to be here.
calumnus
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ducktilldeath said:

calumnus said:

ducktilldeath said:

The Ron Rivera **** is hilarious. He's literally never been a coach at the college level and none of you would even know his name if he hadn't been DPOTY in 1892.


He and his wife Stephanie are loyal Cal alums and major donors to Cal athletics and to our NIL collective.

Because there are 3 more years on Wilcox's contract, fully guaranteed, and our department is cash strapped until will get a full ACC payout, the <hope>, however slim, is that Rivera would come and be HC with his compensation deferred during the three years we are still paying off Wilcox.

Besides the fact that some of us knew him at Cal, he was a Cal All-American who like Aaron Rodgers SHOULD have been drafted by the local team and was a long time head coach in the NFL. Of course we know who he is.
You're not very bright.


Lol, I am devastated. What is it you think I am saying?

Most likely we are doomed due to our idiot AD extending Wilcox six more years fully guaranteed in 2021and the huge growing budget deficit due to his inability to manage conference realignment resulting in our having to beg our way into the ACC.

Worse, even Wilcox can probably manage 7 wins with our relatively easy 2024 and 2025 schedule and the Top 20 portal classes our alums are buying for him. 7 wins and a bowl will satisfy our AD and too many people on this board. With only 2 years on his contract but a $10 million buyout and "3 bowls in a row" the cheap and easy, lazy response will be to extend him "for recruiting." Cal did it before with Holmoe.

Most likely we are doomed. Near zero chance we get so lucky as to have your AD try to hire Wilcox again. Maybe some rich Cal alum will become our Phil Knight and put up the money we need to buy him out? Then we can hire a good young up and coming college coach? Unlikely, but Rivera is a rich alum who has made $millions playing and coaching in the NFL, is still collecting $millions from the Commanders and is active in donating to Cal and to NIL. Would he take the job with his compensation deferred? Slim chance, sure, but possible. He has said previously he wants to coach Cal before he is done. There would also be tax advantages for him to defer his earnings. Is Rivera an ideal candidate? Probably not in any other circumstance. It is true he has only coached in the NFL so that introduces some risk. However, with other coaches NFL cred has proven to be a positive with recruits. He has a good personality for college coaching. However, the hurdle is low: he only has to be better than Wilcox. Do you really think he couldn't clear that low hurdle?

It is highly doubtful any of that would happen, especially under our current idiot AD and enabling fan base. Most likely we are doomed to have Wilcox for far too many more seasons.

What other possibilities, however slim, do you see? Bestow us with some of your genius.
sycasey
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82gradDLSdad said:

ducktilldeath said:

The Ron Rivera **** is hilarious. He's literally never been a coach at the college level and none of you would even know his name if he hadn't been DPOTY in 1892.
Geez, what a bad post on a rival's board. Unless you're trolling which in an of itself shows an even lower level of emotional balance than your board name. Go enjoy your team unless you have some real reason to be here.

He is 100% trolling. Just flag it and move on.
ducktilldeath
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sycasey said:

82gradDLSdad said:

ducktilldeath said:

The Ron Rivera **** is hilarious. He's literally never been a coach at the college level and none of you would even know his name if he hadn't been DPOTY in 1892.
Geez, what a bad post on a rival's board. Unless you're trolling which in an of itself shows an even lower level of emotional balance than your board name. Go enjoy your team unless you have some real reason to be here.

He is 100% trolling. Just flag it and move on.
Bullcrap. The only reason he's on anyone's list is because he used to be a great player for CAL. That is a TERRIBLE reason to consider him for a position that would be the FIRST TIME he's ever coached at this level. You seriously want a 62 year old coach who has never recruited, dealt with boosters/NIL/transfer portal? It's just plain LAZY.
82gradDLSdad
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ducktilldeath said:

sycasey said:

82gradDLSdad said:

ducktilldeath said:

The Ron Rivera **** is hilarious. He's literally never been a coach at the college level and none of you would even know his name if he hadn't been DPOTY in 1892.
Geez, what a bad post on a rival's board. Unless you're trolling which in an of itself shows an even lower level of emotional balance than your board name. Go enjoy your team unless you have some real reason to be here.

He is 100% trolling. Just flag it and move on.
Bullcrap. The only reason he's on anyone's list is because he used to be a great player for CAL. That is a TERRIBLE reason to consider him for a position that would be the FIRST TIME he's ever coached at this level. You seriously want a 62 year old coach who has never recruited, dealt with boosters/NIL/transfer portal? It's just plain LAZY.
Yah, because a guy like say Chip Kelly checked all the boxes and presented no risk.

1990
Columbia (DB/ST)
1991
Columbia (OLB/S)
1992
New Hampshire (RB)
1993
Johns Hopkins (DC)
19941996
New Hampshire (RB)
19971998
New Hampshire (OL)
19992006
New Hampshire (OC)
20072008
Oregon (OC)
20092012
Oregon
ducktilldeath
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82gradDLSdad said:

ducktilldeath said:

sycasey said:

82gradDLSdad said:

ducktilldeath said:

The Ron Rivera **** is hilarious. He's literally never been a coach at the college level and none of you would even know his name if he hadn't been DPOTY in 1892.
Geez, what a bad post on a rival's board. Unless you're trolling which in an of itself shows an even lower level of emotional balance than your board name. Go enjoy your team unless you have some real reason to be here.

He is 100% trolling. Just flag it and move on.
Bullcrap. The only reason he's on anyone's list is because he used to be a great player for CAL. That is a TERRIBLE reason to consider him for a position that would be the FIRST TIME he's ever coached at this level. You seriously want a 62 year old coach who has never recruited, dealt with boosters/NIL/transfer portal? It's just plain LAZY.
Yah, because a guy like say Chip Kelly checked all the boxes and presented no risk.

1990
Columbia (DB/ST)
1991
Columbia (OLB/S)
1992
New Hampshire (RB)
1993
Johns Hopkins (DC)
19941996
New Hampshire (RB)
19971998
New Hampshire (OL)
19992006
New Hampshire (OC)
20072008
Oregon (OC)
20092012
Oregon
What an absurd comparison.
calumnus
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ducktilldeath said:

sycasey said:

82gradDLSdad said:

ducktilldeath said:

The Ron Rivera **** is hilarious. He's literally never been a coach at the college level and none of you would even know his name if he hadn't been DPOTY in 1892.
Geez, what a bad post on a rival's board. Unless you're trolling which in an of itself shows an even lower level of emotional balance than your board name. Go enjoy your team unless you have some real reason to be here.

He is 100% trolling. Just flag it and move on.
Bullcrap. The only reason he's on anyone's list is because he used to be a great player for CAL. That is a TERRIBLE reason to consider him for a position that would be the FIRST TIME he's ever coached at this level. You seriously want a 62 year old coach who has never recruited, dealt with boosters/NIL/transfer portal? It's just plain LAZY.


This just proves you have ZERO reading comprehension. Does math confuse you too? Our problem is Wilcox's $15 million buyout and our huge and now growing budget deficit (probably about $50 million) because we had to accept a fraction of an ACC share in order to get in.

We simply don't have the money to fire Wilcox and hire a coach at market rates. THAT is the crazy reason why we need to hope someone might take the job as a charity case because he can and because of his love for Cal.
calumnus
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Fred Bear said:

Quote:

Our problem is Wilcox's $15 million buyout
Our problem is you won't STFU about something that is not only never going to happen, it's a bad idea if it did happen.


I said "slim chance" and "likely never going to happen" so the only reason I keep having to explain it is because a troll doesn't understand why it is brought up as an out of the box solution to the problem. You are as bad as the Duck.

What is your solution? Just stick with Wilcox? And tell people who aren't happy with him to STFU? Got it.
chazzed
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sycasey said:

82gradDLSdad said:

ducktilldeath said:

The Ron Rivera **** is hilarious. He's literally never been a coach at the college level and none of you would even know his name if he hadn't been DPOTY in 1892.
Geez, what a bad post on a rival's board. Unless you're trolling which in an of itself shows an even lower level of emotional balance than your board name. Go enjoy your team unless you have some real reason to be here.

He is 100% trolling. Just flag it and move on.
I blocked him a long time ago, and I'm glad I did. It's just unfortunate that I stumble upon the troll's material when others quote him.
WantARoseBowlB4IDie
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Why not? Because your lame meme says so? #smh
🐻 The Bear Will NOT Quit, The Bear Will NOT Die! 🐻
WantARoseBowlB4IDie
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I love the chirping losers from *****gon. The Ducks sucked for decades until Uncle Phil decided to fund everything from his ill-gotten billions off the backs of Chinese slave labor. It's not like DuckU is an academic powerhouse by any stretch. More like a glorified JC. Not much else to do in an s-hole like Eugene except watch sports & go cow tipping. Go jerk the gherkin in Autzen & wait for the inevitable choke they are due for in Big 10 play on the road.
🐻 The Bear Will NOT Quit, The Bear Will NOT Die! 🐻
Bowlesman80
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WantARoseBowlB4IDie said:

I love the chirping losers from *****gon. The Ducks sucked for decades until Uncle Phil decided to fund everything from his ill-gotten billions off the backs of Chinese slave labor. It's not like DuckU is an academic powerhouse by any stretch. More like a glorified JC. Not much else to do in an s-hole like Eugene except watch sports & go cow tipping. Go jerk the gherkin in Autzen & wait for the inevitable choke they are due for in Big 10 play on the road.
Ducks are an ordinary program on Uncle Phil's roids.
"Just win, baby."
WavyBear
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Strykur
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Bowlesman80 said:

WantARoseBowlB4IDie said:

I love the chirping losers from *****gon. The Ducks sucked for decades until Uncle Phil decided to fund everything from his ill-gotten billions off the backs of Chinese slave labor. It's not like DuckU is an academic powerhouse by any stretch. More like a glorified JC. Not much else to do in an s-hole like Eugene except watch sports & go cow tipping. Go jerk the gherkin in Autzen & wait for the inevitable choke they are due for in Big 10 play on the road.
Ducks are an ordinary program on Uncle Phil's roids.
Winning 5 NYE bowls since 2011, and 3 of them in Pasadena, is a bit more than that
Bowlesman80
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Strykur said:

Bowlesman80 said:

WantARoseBowlB4IDie said:

I love the chirping losers from *****gon. The Ducks sucked for decades until Uncle Phil decided to fund everything from his ill-gotten billions off the backs of Chinese slave labor. It's not like DuckU is an academic powerhouse by any stretch. More like a glorified JC. Not much else to do in an s-hole like Eugene except watch sports & go cow tipping. Go jerk the gherkin in Autzen & wait for the inevitable choke they are due for in Big 10 play on the road.
Ducks are an ordinary program on Uncle Phil's roids.
Winning 5 NYE bowls since 2011, and 3 of them in Pasadena, is a bit more than that
Yeah, look at their record before Uncle Phil. They were a middling Pac 8 team.
Ducks - Uncle Phil = Ordinary
"Just win, baby."
calumnus
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Bowlesman80 said:

Strykur said:

Bowlesman80 said:

WantARoseBowlB4IDie said:

I love the chirping losers from *****gon. The Ducks sucked for decades until Uncle Phil decided to fund everything from his ill-gotten billions off the backs of Chinese slave labor. It's not like DuckU is an academic powerhouse by any stretch. More like a glorified JC. Not much else to do in an s-hole like Eugene except watch sports & go cow tipping. Go jerk the gherkin in Autzen & wait for the inevitable choke they are due for in Big 10 play on the road.
Ducks are an ordinary program on Uncle Phil's roids.
Winning 5 NYE bowls since 2011, and 3 of them in Pasadena, is a bit more than that
Yeah, look at their record before Uncle Phil. They were a middling Pac 8 team.
Ducks - Uncle Phil = Ordinary


The Ducks should inspire us. We are not prisoners of our past performance. Our potential is greater than theirs. Maybe not with the same model (a single wealthy donor), but by exploiting our comparative advantages.
Bowlesman80
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calumnus said:

Bowlesman80 said:

Strykur said:

Bowlesman80 said:

WantARoseBowlB4IDie said:

I love the chirping losers from *****gon. The Ducks sucked for decades until Uncle Phil decided to fund everything from his ill-gotten billions off the backs of Chinese slave labor. It's not like DuckU is an academic powerhouse by any stretch. More like a glorified JC. Not much else to do in an s-hole like Eugene except watch sports & go cow tipping. Go jerk the gherkin in Autzen & wait for the inevitable choke they are due for in Big 10 play on the road.
Ducks are an ordinary program on Uncle Phil's roids.
Winning 5 NYE bowls since 2011, and 3 of them in Pasadena, is a bit more than that
Yeah, look at their record before Uncle Phil. They were a middling Pac 8 team.
Ducks - Uncle Phil = Ordinary


The Ducks should inspire us. We are not prisoners of our past performance. Our potential is greater than theirs. Maybe not with the same model (a single wealthy donor), but by exploiting our comparative advantages.
I completely agree. Not a whale, but a crowdfund. What is uninspiring about the Ducks is the fanbase seems to be in complete denial about their fragile dependence upon Uncle Phil. And with all such overly prideful fanbases, you'd think they were actually out there suiting up and getting their bells rung.

There should be a campaign that puts our donations in perspective with top twenty programs and suggest benchmark donation goals that are affordable for all of us. For example, I am thinking $10/month from 30K active alumni=$30K/month and $3.6 million/year. That would be a very nice baseline for year to year NIL, then seek large donations beyond that.

CAVEAT: Pet peeve of mine is that many donor funds use up to 66% of funds for the next year's advertising and solicitations. This, IMHO, leads to significant donor fatigue. We're smart, tech-savvy folks and should be able to use less than 33% of funds for future fund-raising.
"Just win, baby."
WantARoseBowlB4IDie
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$$$$$$$$$$$$$$$$$$$$$$$$

Best team money can buy. Not just paid players but millions more out of Phil's piggy bank for facilities, uniforms, marketing, hookers...
🐻 The Bear Will NOT Quit, The Bear Will NOT Die! 🐻
Rushinbear
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Cal88 said:

calumnus said:

Cal88 said:

Fox' conference win percentage at Cal was 21%, Wilcox is not nearly that bad.

What is Wilcox' buyout this year, the next and in 26?

At this point, we're better off putting a fraction of what we would pay for his buyout into the NIL budget.


It is $5 million per year remaining. The buyout is $15 million after this year, $10 million after 2025. At which point there will be pressure to extend him "for recruiting." All this as we hit the financial cliff of reduced media earnings because we had to buy our way into the ACC. If Knowlton is still AD and we "go to a bowl for the third year in a row" I could see us extend him instead of fire him.

I think our best slim hope is Ron Rivera is willing to come in as HC with his compensation deferred until we are through Wilcox's contract and we are earning a higher percentage of our ACC share.



Thanks for the info Calumnus. With this buyout, Wilcox to go through this season and the following one is a fait accompli. Two years is also plenty of time for Lyons to settle in and donors to get their message through to him.

Donors should focus on pressuring Lyons and Knowlton not to extend him, barring a breakthrough season, and even then, they can extend him without a high buyout. Wilcox has zero leverage over the AD at this point.

Realistically speaking, given the current constraints, and barring a billionaire Cal fan coming through, we'd be much better off throwing a couple more millions into the NIL to recruit better linemen.
this should probably be in a pm to you, but what top lineman would consider throwing himself on top of this dumpster fire of an athletic dept and fb coach? that you have to actually study in order to stay eligible when all you want is to develop your body and skills to play pro? the "40 year decision" is wasted on most of these kids. You're not selling to the parents, but to the kids. half of them don't even think they'll live that long.

liking your head coach and position coach only goes so far, and Wilcox has worn out that welcome. kids at that level want to win and be noticed winning.
Cal88
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Rushinbear said:

Cal88 said:

calumnus said:

Cal88 said:

Fox' conference win percentage at Cal was 21%, Wilcox is not nearly that bad.

What is Wilcox' buyout this year, the next and in 26?

At this point, we're better off putting a fraction of what we would pay for his buyout into the NIL budget.


It is $5 million per year remaining. The buyout is $15 million after this year, $10 million after 2025. At which point there will be pressure to extend him "for recruiting." All this as we hit the financial cliff of reduced media earnings because we had to buy our way into the ACC. If Knowlton is still AD and we "go to a bowl for the third year in a row" I could see us extend him instead of fire him.

I think our best slim hope is Ron Rivera is willing to come in as HC with his compensation deferred until we are through Wilcox's contract and we are earning a higher percentage of our ACC share.



Thanks for the info Calumnus. With this buyout, Wilcox to go through this season and the following one is a fait accompli. Two years is also plenty of time for Lyons to settle in and donors to get their message through to him.

Donors should focus on pressuring Lyons and Knowlton not to extend him, barring a breakthrough season, and even then, they can extend him without a high buyout. Wilcox has zero leverage over the AD at this point.

Realistically speaking, given the current constraints, and barring a billionaire Cal fan coming through, we'd be much better off throwing a couple more millions into the NIL to recruit better linemen.
this should probably be in a pm to you, but what top lineman would consider throwing himself on top of this dumpster fire of an athletic dept and fb coach? that you have to actually study in order to stay eligible when all you want is to develop your body and skills to play pro? the "40 year decision" is wasted on most of these kids. You're not selling to the parents, but to the kids. half of them don't even think they'll live that long.

liking your head coach and position coach only goes so far, and Wilcox has worn out that welcome. kids at that level want to win and be noticed winning.

You're asking the $15 million question here.
6956bear
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Cal88 said:

Rushinbear said:

Cal88 said:

calumnus said:

Cal88 said:

Fox' conference win percentage at Cal was 21%, Wilcox is not nearly that bad.

What is Wilcox' buyout this year, the next and in 26?

At this point, we're better off putting a fraction of what we would pay for his buyout into the NIL budget.


It is $5 million per year remaining. The buyout is $15 million after this year, $10 million after 2025. At which point there will be pressure to extend him "for recruiting." All this as we hit the financial cliff of reduced media earnings because we had to buy our way into the ACC. If Knowlton is still AD and we "go to a bowl for the third year in a row" I could see us extend him instead of fire him.

I think our best slim hope is Ron Rivera is willing to come in as HC with his compensation deferred until we are through Wilcox's contract and we are earning a higher percentage of our ACC share.



Thanks for the info Calumnus. With this buyout, Wilcox to go through this season and the following one is a fait accompli. Two years is also plenty of time for Lyons to settle in and donors to get their message through to him.

Donors should focus on pressuring Lyons and Knowlton not to extend him, barring a breakthrough season, and even then, they can extend him without a high buyout. Wilcox has zero leverage over the AD at this point.

Realistically speaking, given the current constraints, and barring a billionaire Cal fan coming through, we'd be much better off throwing a couple more millions into the NIL to recruit better linemen.
this should probably be in a pm to you, but what top lineman would consider throwing himself on top of this dumpster fire of an athletic dept and fb coach? that you have to actually study in order to stay eligible when all you want is to develop your body and skills to play pro? the "40 year decision" is wasted on most of these kids. You're not selling to the parents, but to the kids. half of them don't even think they'll live that long.

liking your head coach and position coach only goes so far, and Wilcox has worn out that welcome. kids at that level want to win and be noticed winning.

You're asking the $15 million question here.
What does being relegated out of the P4 cost? A heck of a lot more than $15M. The TV contract in the MWC pays $5M per program annually right now. The entire G5 will receive 5% of the CFP revenues. There are about 65 G5 programs right now.

Short sighted thinking has gotten Cal into this mess. They need to be decisive if they want to stay as a P4 program. Cal needs to find the money or understand relegation is likely.
dimitrig
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Forget who the coach is and fire the AD already.

I can't believe dude is still here.


dimitrig
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smh
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dimitrig said:

Forget who the coach is and fire the AD already.
I can't believe dude is still here.
yeahbut iirc dude's *not* here, most of time partying back in the rockies
muting more than 300 handles, turnaround is fair play
Rushinbear
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6956bear said:

Cal88 said:

Rushinbear said:

Cal88 said:

calumnus said:

Cal88 said:

Fox' conference win percentage at Cal was 21%, Wilcox is not nearly that bad.

What is Wilcox' buyout this year, the next and in 26?

At this point, we're better off putting a fraction of what we would pay for his buyout into the NIL budget.


It is $5 million per year remaining. The buyout is $15 million after this year, $10 million after 2025. At which point there will be pressure to extend him "for recruiting." All this as we hit the financial cliff of reduced media earnings because we had to buy our way into the ACC. If Knowlton is still AD and we "go to a bowl for the third year in a row" I could see us extend him instead of fire him.

I think our best slim hope is Ron Rivera is willing to come in as HC with his compensation deferred until we are through Wilcox's contract and we are earning a higher percentage of our ACC share.



Thanks for the info Calumnus. With this buyout, Wilcox to go through this season and the following one is a fait accompli. Two years is also plenty of time for Lyons to settle in and donors to get their message through to him.

Donors should focus on pressuring Lyons and Knowlton not to extend him, barring a breakthrough season, and even then, they can extend him without a high buyout. Wilcox has zero leverage over the AD at this point.

Realistically speaking, given the current constraints, and barring a billionaire Cal fan coming through, we'd be much better off throwing a couple more millions into the NIL to recruit better linemen.
this should probably be in a pm to you, but what top lineman would consider throwing himself on top of this dumpster fire of an athletic dept and fb coach? that you have to actually study in order to stay eligible when all you want is to develop your body and skills to play pro? the "40 year decision" is wasted on most of these kids. You're not selling to the parents, but to the kids. half of them don't even think they'll live that long.

liking your head coach and position coach only goes so far, and Wilcox has worn out that welcome. kids at that level want to win and be noticed winning.

You're asking the $15 million question here.
What does being relegated out of the P4 cost? A heck of a lot more than $15M. The TV contract in the MWC pays $5M per program annually right now. The entire G5 will receive 5% of the CFP revenues. There are about 65 G5 programs right now.

Short sighted thinking has gotten Cal into this mess. They need to be decisive if they want to stay as a P4 program. Cal needs to find the money or understand relegation is likely.
They don't understand, or want to accept, that we are involved in a lucrative industry, not a pastime. And, as in any industry, you do what it takes to succeed or you die. Now, some of the workers in another part of the operation feel like involvement in that industry robs them of benefits that they feel entitled to. Sadly, those workers are so indoctrinated by generations of their forebears that they can't recognize the obvious - that without a successful football product, everything else withers. Look at the schools who bought into their line of thinking, including U Chicago. People will pay for a successful fb program and hs kids will apply to schools that have them. The fb program is the single most attractive face of a university, but it must be nurtured to stave off competition from pretenders to the throne.
KoreAmBear
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Cal88 said:

Fox' conference win percentage at Cal was 21%, Wilcox is not nearly that bad.

What is Wilcox' buyout this year, the next and in 26?

At this point, we're better off putting a fraction of what we would pay for his buyout into the NIL budget.
JW is owed basically $5M each year the next three years (25, 26, 27). Usually a coach can be bought out with a lump sum payout with a discount on the $15M+ owed (unless you are Bobby Bonilla you usually want the cash up front when you separate from an org). I don't know what the going rate is for a discount, but I would think you could buy him out for like $12.5M in lump sum? Not too much for a Cal football fan NVIDIA exec right?
socaltownie
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This. Maybe the buyout is less the first of the year but we desperately need a new ad first. Then Wilcox gets one more year and your ad is in a much better place to.make a move as he/she will have had a full year for donor development. But if Jeff the long distance commuter is still here in the spring you know Lyons is just the new boss...just like the old boss
Take care of your Chicken
Econ141
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Applicable message to Lyons:

Give to Cal Legends!

https://calegends.com/donation/ Do it now. Text every Cal fan you know, give them the link, tell them how much you gave, and ask them to text every Cal fan they know and do the same.
calumnus
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KoreAmBear said:

Cal88 said:

Fox' conference win percentage at Cal was 21%, Wilcox is not nearly that bad.

What is Wilcox' buyout this year, the next and in 26?

At this point, we're better off putting a fraction of what we would pay for his buyout into the NIL budget.
JW is owed basically $5M each year the next three years (25, 26, 27). Usually a coach can be bought out with a lump sum payout with a discount on the $15M+ owed (unless you are Bobby Bonilla you usually want the cash up front when you separate from an org). I don't know what the going rate is for a discount, but I would think you could buy him out for like $12.5M in lump sum? Not too much for a Cal football fan NVIDIA exec right?


Wilcox might also accept $1 million a year paid out over 15 years. You only need home attendance to increase by about 4,000 per game over that time period vs keeping Wilcox to pay that off. That is easy not even taking into account keeping Wilcox means we might eventually get relegated or have to shut down the program.
82gradDLSdad
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KoreAmBear said:

Cal88 said:

Fox' conference win percentage at Cal was 21%, Wilcox is not nearly that bad.

What is Wilcox' buyout this year, the next and in 26?

At this point, we're better off putting a fraction of what we would pay for his buyout into the NIL budget.
JW is owed basically $5M each year the next three years (25, 26, 27). Usually a coach can be bought out with a lump sum payout with a discount on the $15M+ owed (unless you are Bobby Bonilla you usually want the cash up front when you separate from an org). I don't know what the going rate is for a discount, but I would think you could buy him out for like $12.5M in lump sum? Not too much for a Cal football fan NVIDIA exec right?
Or early NVDA stock owner who never sold. Could have been me.
82gradDLSdad
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calumnus said:

KoreAmBear said:

Cal88 said:

Fox' conference win percentage at Cal was 21%, Wilcox is not nearly that bad.

What is Wilcox' buyout this year, the next and in 26?

At this point, we're better off putting a fraction of what we would pay for his buyout into the NIL budget.
JW is owed basically $5M each year the next three years (25, 26, 27). Usually a coach can be bought out with a lump sum payout with a discount on the $15M+ owed (unless you are Bobby Bonilla you usually want the cash up front when you separate from an org). I don't know what the going rate is for a discount, but I would think you could buy him out for like $12.5M in lump sum? Not too much for a Cal football fan NVIDIA exec right?


Wilcox might also accept $1 million a year paid out over 15 years. You only need home attendance to increase by about 4,000 per game over that time period vs keeping Wilcox to pay that off. That is easy not even taking into account keeping Wilcox means we might eventually get relegated or have to shut down the program.
I don't think it's that easy to identify a good football head coach. We've only had a couple in my Cal lifetime. And with Tedford I think we got lucky Gladstone was filling in at AD. Who picks the AD? Lyons?
calumnus
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82gradDLSdad said:

KoreAmBear said:

Cal88 said:

Fox' conference win percentage at Cal was 21%, Wilcox is not nearly that bad.

What is Wilcox' buyout this year, the next and in 26?

At this point, we're better off putting a fraction of what we would pay for his buyout into the NIL budget.
JW is owed basically $5M each year the next three years (25, 26, 27). Usually a coach can be bought out with a lump sum payout with a discount on the $15M+ owed (unless you are Bobby Bonilla you usually want the cash up front when you separate from an org). I don't know what the going rate is for a discount, but I would think you could buy him out for like $12.5M in lump sum? Not too much for a Cal football fan NVIDIA exec right?
Or early NVDA stock owner who never sold. Could have been me.


Someone in that enviable situation could donate their appreciated stock to the cause and avoid capital gains taxes, even get a nice write off on their income taxes.
Cal88
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calumnus said:

82gradDLSdad said:

KoreAmBear said:

Cal88 said:

Fox' conference win percentage at Cal was 21%, Wilcox is not nearly that bad.

What is Wilcox' buyout this year, the next and in 26?

At this point, we're better off putting a fraction of what we would pay for his buyout into the NIL budget.
JW is owed basically $5M each year the next three years (25, 26, 27). Usually a coach can be bought out with a lump sum payout with a discount on the $15M+ owed (unless you are Bobby Bonilla you usually want the cash up front when you separate from an org). I don't know what the going rate is for a discount, but I would think you could buy him out for like $12.5M in lump sum? Not too much for a Cal football fan NVIDIA exec right?
Or early NVDA stock owner who never sold. Could have been me.


Someone in that enviable situation could donate their appreciated stock to the cause and avoid capital gains taxes, even get a nice write off on their income taxes.

Superwealthy Cal boosters could donate $10+ million to have their name on new facilities for posterity, but to do that just to settle a horrible buyout clause seems a bit unrealistic IMHO.
calumnus
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82gradDLSdad said:

calumnus said:

KoreAmBear said:

Cal88 said:

Fox' conference win percentage at Cal was 21%, Wilcox is not nearly that bad.

What is Wilcox' buyout this year, the next and in 26?

At this point, we're better off putting a fraction of what we would pay for his buyout into the NIL budget.
JW is owed basically $5M each year the next three years (25, 26, 27). Usually a coach can be bought out with a lump sum payout with a discount on the $15M+ owed (unless you are Bobby Bonilla you usually want the cash up front when you separate from an org). I don't know what the going rate is for a discount, but I would think you could buy him out for like $12.5M in lump sum? Not too much for a Cal football fan NVIDIA exec right?


Wilcox might also accept $1 million a year paid out over 15 years. You only need home attendance to increase by about 4,000 per game over that time period vs keeping Wilcox to pay that off. That is easy not even taking into account keeping Wilcox means we might eventually get relegated or have to shut down the program.
I don't think it's that easy to identify a good football head coach. We've only had a couple in my Cal lifetime. And with Tedford I think we got lucky Gladstone was filling in at AD. Who picks the AD? Lyons?


The fortunate/unfortunate situation is due to the financial hole Knowlton put us in we don't have a lot of options:

1. Fire Knowlton. Shocky is pushing promoting Andrew McGraw. Couldn't be worse than Knowlton. At least he is a Cal alum. Make it "interim."

2. Hire Ron Rivera as HC, if he is willing, with deferred compensation, lots of incentives tied to revenues and a low buyout of it doesn't work out. He is far and away the biggest name, big splash, low risk candidate we could possibly afford at this time. He is well know as the former coach of the Jaguars and Commanders, right in the heart of our new conference.

3. Evaluate McGraw's performance, but look to bring in an AD from the professional sports world with an edge to Cal alums. Once an AD with a long term vision is in place they can decide on the next HC if Rivera doesn't work out, but hopefully he kills it.

4. Given the way football is going the following coach might be an up and comer (maybe Rivera's OC) who we pay "only" $2 million a year, with the savings going into payments to players.
 
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