Wilcox - Buyout Amount?

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HKBear97!
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What exactly is the buyout amount for Wilcox after this season? I believe it was $16 million after December 31, 2024. For perspective, Cal paid around $5.5 million to buyout Tedford and $5.9 million to buyout Dykes. I assume Wilcox will be due significantly more than that if he's fired anytime soon. So explain why anyone thinks he's going to be fired if he fails to perform this season? Where would such a massive buyout come from exactly unless the amount goes down significantly post December 31, 2025?

I see many posters saying this is the last chance for Wilcox, but realistically it's much more likely has several more seasons to go.
RedlessWardrobe
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In this case "several seasons" means three.
6956bear
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My understanding is the buyout would be paid over the remaining years and not in a lump sum. Unless of course Wilcox and Cal reach some sort of settled amount.

KoreAmBear
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HKBear97! said:

What exactly is the buyout amount for Wilcox after this season? I believe it was $16 million after December 31, 2024. For perspective, Cal paid around $5.5 million to buyout Tedford and $5.9 million to buyout Dykes. I assume Wilcox will be due significantly more than that if he's fired anytime soon. So explain why anyone thinks he's going to be fired if he fails to perform this season? Where would such a massive buyout come from exactly unless the amount goes down significantly post December 31, 2025?

I see many posters saying this is the last chance for Wilcox, but realistically it's much more likely has several more seasons to go.
It will be around $10M after this season for 2026 and 2027. And we would negotiate as much of a discount we can to pay him in a lump sum rather than pay him according to payroll schedule over the remainder of the contractual term.
MilleniaBear
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Plus Wilcox is young enough to coach again so Cal would be eligible for any offset should he get another job - he can be a good DC (who make about $1.5M now?). Another reason to settle with lump sum.
wifeisafurd
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Not so sure:

1) His buy out goes down with his salary; that is, his buy out basically is his remaining salary. So he makes about $5 million annually, so you can do the math to come out with a ball park for his buy-out after this season (around $11 million).

2) With NIL and the House settlement, Cal has to not only find money for players, but also fund a buy-out for Wilcox, a signing bonus and possibly high salary for a new head coach (Wilcox is one of the lowest paid P4 coaches), severance to the existing staff, and signing bonuses to the new coaching staff, with which the way Wilcox turns over staff these days, so that is not exactly a new expense. That is a lot of cash out flow which Cal currently can't afford.
.
3) The State has a huge budget deficit, and Newsom already has ordered a 3% drop in funding UC, which could get bigger, since experts seem to be predicting the deficit is getting better. Neither the politicians on the UC Regents or employees at Cal are liklely to care about an existential crises in Cal sports when they are facing cuts. The politics/ optics a huge payout look really bad. The only good news in this is the new UC President has proved to be a big football fan.

As much as the Chancellor and RR want to make changes, their hands are somewhat tied by financial and political realities, so if Wilcox wins 7 or more games, my guess is he stays and if he wins big time with the weak upcoming 2025 schedule, he likely goes to a P5 program that can afford to pay him more.

KoreAmBear
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MilleniaBear said:

Plus Wilcox is young enough to coach again so Cal would be eligible for any offset should he get another job - he can be a good DC (who make about $1.5M now?). Another reason to settle with lump sum.
Offsets (duty to mitigate) are really hard to enforce. He could sit it out a couple of years and say no opportunities are good fits if he wanted to. Also with a lump sum usually it's negotiated for a discount so the coach is free to do whatever they want afterwards without obligation to us.
harebear
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HKBear97! said:

What exactly is the buyout amount for Wilcox after this season? I believe it was $16 million after December 31, 2024. For perspective, Cal paid around $5.5 million to buyout Tedford and $5.9 million to buyout Dykes. I assume Wilcox will be due significantly more than that if he's fired anytime soon. So explain why anyone thinks he's going to be fired if he fails to perform this season? Where would such a massive buyout come from exactly unless the amount goes down significantly post December 31, 2025?

I see many posters saying this is the last chance for Wilcox, but realistically it's much more likely has several more seasons to go.
2026: Base salary 275K, Talent Fee 4.475M
2027: Base salary 275K, Talent Fee 4.975M
Total (exclusive of bonuses, which would probably not be included): Exactly 10M
KoreAmBear
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HKBear97! said:

What exactly is the buyout amount for Wilcox after this season? I believe it was $16 million after December 31, 2024. For perspective, Cal paid around $5.5 million to buyout Tedford and $5.9 million to buyout Dykes. I assume Wilcox will be due significantly more than that if he's fired anytime soon. So explain why anyone thinks he's going to be fired if he fails to perform this season? Where would such a massive buyout come from exactly unless the amount goes down significantly post December 31, 2025?

I see many posters saying this is the last chance for Wilcox, but realistically it's much more likely has several more seasons to go.
We should have let Dykes walk as he seemed to already be courting SMU. Would have saved us some money. However, I think we got some money back on a duty to mitigate from him (certainly through SMU).
wifeisafurd
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harebear said:

HKBear97! said:

What exactly is the buyout amount for Wilcox after this season? I believe it was $16 million after December 31, 2024. For perspective, Cal paid around $5.5 million to buyout Tedford and $5.9 million to buyout Dykes. I assume Wilcox will be due significantly more than that if he's fired anytime soon. So explain why anyone thinks he's going to be fired if he fails to perform this season? Where would such a massive buyout come from exactly unless the amount goes down significantly post December 31, 2025?

I see many posters saying this is the last chance for Wilcox, but realistically it's much more likely has several more seasons to go.
2026: Base salary 275K, Talent Fee 4.475M
2027: Base salary 275K, Talent Fee 4.975M
Total (exclusive of bonuses, which would probably not be included): Exactly 10M
Per Bear Insider article (see table below), it looks like you need to add the retention fee, so at least $10.5 million.

harebear
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Thanks...I missed that.
mbBear
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wifeisafurd said:

Not so sure:

1) His buy out goes down with his salary; that is, his buy out basically is his remaining salary. So he makes about $5 million annually, so you can do the math to come out with a ball park for his buy-out after this season (around $11 million).

2) With NIL and the House settlement, Cal has to not only find money for players, but also fund a buy-out for Wilcox, a signing bonus and possibly high salary for a new head coach (Wilcox is one of the lowest paid P4 coaches), severance to the existing staff, and signing bonuses to the new coaching staff, with which the way Wilcox turns over staff these days, so that is not exactly a new expense. That is a lot of cash out flow which Cal currently can't afford.
.
3) The State has a huge budget deficit, and Newsom already has ordered a 3% drop in funding UC, which could get bigger, since experts seem to be predicting the deficit is getting better. Neither the politicians on the UC Regents or employees at Cal are liklely to care about an existential crises in Cal sports when they are facing cuts. The politics/ optics a huge payout look really bad. The only good news in this is the new UC President has proved to be a big football fan.

As much as the Chancellor and RR want to make changes, their hands are somewhat tied by financial and political realities, so if Wilcox wins 7 or more games, my guess is he stays and if he wins big time with the weak upcoming 2025 schedule, he likely goes to a P5 program that can afford to pay him more.


Isn't there a group of guys (I thought it was 4, but might be off by 1) who are paying Wilcox's salary? And how does that relate to the Travers endowment of the position?
HKBear97!
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wifeisafurd said:

harebear said:

HKBear97! said:

What exactly is the buyout amount for Wilcox after this season? I believe it was $16 million after December 31, 2024. For perspective, Cal paid around $5.5 million to buyout Tedford and $5.9 million to buyout Dykes. I assume Wilcox will be due significantly more than that if he's fired anytime soon. So explain why anyone thinks he's going to be fired if he fails to perform this season? Where would such a massive buyout come from exactly unless the amount goes down significantly post December 31, 2025?

I see many posters saying this is the last chance for Wilcox, but realistically it's much more likely has several more seasons to go.
2026: Base salary 275K, Talent Fee 4.475M
2027: Base salary 275K, Talent Fee 4.975M
Total (exclusive of bonuses, which would probably not be included): Exactly 10M
Per Bear Insider article (see table below), it looks like you need to add the retention fee, so at least $10.5 million.


So we're looking at a $10.5 million buyout after December 31, 2025. Maybe it gets negotiated down, but I wouldn't count on that being much. That would be about double the amounts paid to Tedford and Dykes. Given today's current situation, I just don't see that as a realistic possibility, meaning it is extremely likely Wilcox is here for this season and next.
boredom
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how much Wilcox and his merry band of mediocrities (or worse) costs is irrelevant. Whether it's $10M or $20M or whatever it's all a sunk cost. At this point owe it to him/them regardless.

From a financial point of view, the question is whether we're better off with Wilcox as the coach or with someone else as the coach with the new coach's compensation being the actual cost. We can pay $5M to go 5-7 with Wilcox as our coach or we can pay $5M + $XM for someone else to have probably a different record. Either way we're paying the $5M so that shouldn't be in the equation. It's whether the $XM for a new coach is worth the difference in result.

Personally, I think we have to take the chance. Our program has 1 foot in the grave. If we believe that around 2030 there is another round of re-alignment musical chairs, we can't wait or we won't have a chair. It's not like having 1 good season in 2029 is enough. We have to have had multiple good seasons with a clearly showing up fan base and TV numbers and etc. That all takes time. It took Tedford 3 years as an example.
PaulCali
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But, unfortunately, anyone with the power to fire Wilcox does not want to fire Wilcox and won't fire Wilcox.
Big C
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Below 6-6, I just don't see how we could keep him. Some alums would pony up

8-4, hard to justify firing him, given our economic realities. RR would really have to make the case.

6-6 or 7-5 and we are in no-man's land. The former, he probably goes, the latter, maybe he is retained. Results in the bowl game might tip the scales.
mbBear
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PaulCali said:

But, unfortunately, anyone with the power to fire Wilcox does not want to fire Wilcox and won't fire Wilcox.
What is the evidence for that vs. the thought that he isn't getting fired because of the payment he would be owed?
Now honestly, it doesn't matter what we think...there is now a person in charge who is going to have big input into that process and decision...
mbBear
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Big C said:


Below 6-6, I just don't see how we could keep him. Some alums would pony up

8-4, hard to justify firing him, given our economic realities. RR would really have to make the case.

6-6 or 7-5 and we are in no-man's land. The former, he probably goes, the latter, maybe he is retained. Results in the bowl game might tip the scales.
I agree that there is a record that makes him harder to fire. But I believe that Ron is there for more than a "one year decision", meaning, is Wilcox running a program, and creating a culture that has long term success possibilities. No disagreement with your "no-man's land" parameter, but what is happening to the fan base mentality that will affect NIL, and the stability of the program? With all due respect, I don't think a bowl game matters in the least, especially as we see more guys skip games for the Draft or the Portal, but more importantly, Ron is a big picture guy in a big picture job, not a one game vision...
My way of saying, there are new rules. Ron understand the years of recent frustration, and it's nice to have that understanding in that job. But now, he has to put dollars and cents (lost) to that frustration, and make business decisions to grow the program.
HKBear97!
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boredom said:

how much Wilcox and his merry band of mediocrities (or worse) costs is irrelevant. Whether it's $10M or $20M or whatever it's all a sunk cost. At this point owe it to him/them regardless.

From a financial point of view, the question is whether we're better off with Wilcox as the coach or with someone else as the coach with the new coach's compensation being the actual cost. We can pay $5M to go 5-7 with Wilcox as our coach or we can pay $5M + $XM for someone else to have probably a different record. Either way we're paying the $5M so that shouldn't be in the equation. It's whether the $XM for a new coach is worth the difference in result.

Personally, I think we have to take the chance. Our program has 1 foot in the grave. If we believe that around 2030 there is another round of re-alignment musical chairs, we can't wait or we won't have a chair. It's not like having 1 good season in 2029 is enough. We have to have had multiple good seasons with a clearly showing up fan base and TV numbers and etc. That all takes time. It took Tedford 3 years as an example.
It may be a sunk cost, but the money has to come from somewhere. It's a very large sum, particularly by Cal standards and I highly doubt whoever is backing these payments feel the money contractually owed to Wilcox is irrelevant.
wifeisafurd
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boredom said:

how much Wilcox and his merry band of mediocrities (or worse) costs is irrelevant. Whether it's $10M or $20M or whatever it's all a sunk cost. At this point owe it to him/them regardless.

From a financial point of view, the question is whether we're better off with Wilcox as the coach or with someone else as the coach with the new coach's compensation being the actual cost. We can pay $5M to go 5-7 with Wilcox as our coach or we can pay $5M + $XM for someone else to have probably a different record. Either way we're paying the $5M so that shouldn't be in the equation. It's whether the $XM for a new coach is worth the difference in result.

Personally, I think we have to take the chance. Our program has 1 foot in the grave. If we believe that around 2030 there is another round of re-alignment musical chairs, we can't wait or we won't have a chair. It's not like having 1 good season in 2029 is enough. We have to have had multiple good seasons with a clearly showing up fan base and TV numbers and etc. That all takes time. It took Tedford 3 years as an example.
It is not a sunk cost from the perspective of having to pay one vs two head coaches, one his severance and the other is salary, not to mention the cost of new assistants and other new staff members, where the present group also have severance packages. If this was a more solvent program, it just would not be an issue, Cal would have already paid a negotiated buy-out and moved on a season or two ago, sorta what Furd did cutting bait with Taylor, when they determined it wasn't working..
StillNoStanfurdium
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I'm no fan of Wilcox based on his results to date but it really seems like a, let's say $10M, buyout would have a bigger impact going towards some kind of buyout to get rid of Knowlton or going to NIL coffers over the next two years. Especially without a specific coaching candidate in mind that we're trying to pull the trigger on.
Big C
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mbBear said:

Big C said:


Below 6-6, I just don't see how we could keep him. Some alums would pony up

8-4, hard to justify firing him, given our economic realities. RR would really have to make the case.

6-6 or 7-5 and we are in no-man's land. The former, he probably goes, the latter, maybe he is retained. Results in the bowl game might tip the scales.
I agree that there is a record that makes him harder to fire. But I believe that Ron is there for more than a "one year decision", meaning, is Wilcox running a program, and creating a culture that has long term success possibilities. No disagreement with your "no-man's land" parameter, but what is happening to the fan base mentality that will affect NIL, and the stability of the program? With all due respect, I don't think a bowl game matters in the least, especially as we see more guys skip games for the Draft or the Portal, but more importantly, Ron is a big picture guy in a big picture job, not a one game vision...
My way of saying, there are new rules. Ron understand the years of recent frustration, and it's nice to have that understanding in that job. But now, he has to put dollars and cents (lost) to that frustration, and make business decisions to grow the program.

I agree with all your points. The lower-level bowl games are ridiculous now, for so many reasons.. I only give them the least bit of weight in a situation where the powers that be find our regular season record leaves us right on the cusp and Major Donor X is wavering as to what to do.
calumnus
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HKBear97! said:

boredom said:

how much Wilcox and his merry band of mediocrities (or worse) costs is irrelevant. Whether it's $10M or $20M or whatever it's all a sunk cost. At this point owe it to him/them regardless.

From a financial point of view, the question is whether we're better off with Wilcox as the coach or with someone else as the coach with the new coach's compensation being the actual cost. We can pay $5M to go 5-7 with Wilcox as our coach or we can pay $5M + $XM for someone else to have probably a different record. Either way we're paying the $5M so that shouldn't be in the equation. It's whether the $XM for a new coach is worth the difference in result.

Personally, I think we have to take the chance. Our program has 1 foot in the grave. If we believe that around 2030 there is another round of re-alignment musical chairs, we can't wait or we won't have a chair. It's not like having 1 good season in 2029 is enough. We have to have had multiple good seasons with a clearly showing up fan base and TV numbers and etc. That all takes time. It took Tedford 3 years as an example.
It may be a sunk cost, but the money has to come from somewhere. It's a very large sum, particularly by Cal standards and I highly doubt whoever is backing these payments feel the money contractually owed to Wilcox is irrelevant.


If Wilcox stays he gets the same $10.5 million and that money also "has to come from somewhere." Wilcox is getting $10.5 million (plus the $5+ million for this season) no matter what. If we fire him there is an opportunity to negotiate that amount down.

Boredom is right, the relevant cost is "finding" the additional money for the new coach.

Meanwhile we "found" additional money for Rolovich, Gregory and Rivera to be added in full-time non-coaching positions in addition to Wilcox, Harsin and the rest of the actual coaching staff. I really think we are spending just as much trying to prop up Wilcox as it would have or will cost to fire him and give Ron the keys AND the steering wheel or hire an up and coming young coach with a low base and an incentive laden contract.

I really think we are running out of time. The big picture financial situation is only going to get worse the longer we wait, plus leaving little time for a turnaround and to establish upward momentum for a new coach (or replacing them if they don't work out).
Rushinbear
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calumnus said:

HKBear97! said:

boredom said:

how much Wilcox and his merry band of mediocrities (or worse) costs is irrelevant. Whether it's $10M or $20M or whatever it's all a sunk cost. At this point owe it to him/them regardless.

From a financial point of view, the question is whether we're better off with Wilcox as the coach or with someone else as the coach with the new coach's compensation being the actual cost. We can pay $5M to go 5-7 with Wilcox as our coach or we can pay $5M + $XM for someone else to have probably a different record. Either way we're paying the $5M so that shouldn't be in the equation. It's whether the $XM for a new coach is worth the difference in result.

Personally, I think we have to take the chance. Our program has 1 foot in the grave. If we believe that around 2030 there is another round of re-alignment musical chairs, we can't wait or we won't have a chair. It's not like having 1 good season in 2029 is enough. We have to have had multiple good seasons with a clearly showing up fan base and TV numbers and etc. That all takes time. It took Tedford 3 years as an example.
It may be a sunk cost, but the money has to come from somewhere. It's a very large sum, particularly by Cal standards and I highly doubt whoever is backing these payments feel the money contractually owed to Wilcox is irrelevant.


If Wilcox stays he gets the same $10.5 million and that money also "has to come from somewhere." Wilcox is getting $10.5 million (plus the $5+ million for this season) no matter what. If we fire him there is an opportunity to negotiate that amount down.

Boredom is right, the relevant cost is "finding" the additional money for the new coach.

Meanwhile we "found" additional money for Rolovich, Gregory and Rivera to be added in full-time non-coaching positions in addition to Wilcox, Harsin and the rest of the actual coaching staff. I really think we are spending just as much trying to prop up Wilcox as it would have or will cost to fire him and give Ron the keys AND the steering wheel or hire an up and coming young coach with a low base and an incentive laden contract.

I really think we are running out of time. The big picture financial situation is only going to get worse the longer we wait, plus leaving little time for a turnaround and to establish upward momentum for a new coach (or replacing them if they don't work out).
Sadly, our Ath dept. has become a clone of our Fed bureaucracy - everyone making crazy money without the ability or will to be and/or demand accountability. All CYA and diversion. No guts whatsoever (what other school would have kept Knowlton on in the face of the swim coach debacle?). Even, I hate to say it, UCLA, as much as I despise them, did SOMETHING.

I thought Lyons, being a biz guy, would start swinging. He has not and, thereby, proven his alliance with the mediocre's. I hate to think that RR is falling into the same pattern. He's becoming just another level of the bureaucracy.

Time for someone to act and deal with the consequences as they arise. Ready, fire, aim. Cal has long since become the home of the perfect plan, accounting for every possible contingency before taking the first step - so the first step is never taken.

PS I don't think you'd have to pay Knowlton a dime, if you fired him for cause and then bled him in court for years. Oh, I know, what kind of message would that send to any candidates for replacement? Only the Knowlton clones out there who want to get away with what he has been.
going4roses
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Big year
How (are) you gonna win when you ain’t right within…
HKBear97!
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calumnus said:

HKBear97! said:

boredom said:

how much Wilcox and his merry band of mediocrities (or worse) costs is irrelevant. Whether it's $10M or $20M or whatever it's all a sunk cost. At this point owe it to him/them regardless.

From a financial point of view, the question is whether we're better off with Wilcox as the coach or with someone else as the coach with the new coach's compensation being the actual cost. We can pay $5M to go 5-7 with Wilcox as our coach or we can pay $5M + $XM for someone else to have probably a different record. Either way we're paying the $5M so that shouldn't be in the equation. It's whether the $XM for a new coach is worth the difference in result.

Personally, I think we have to take the chance. Our program has 1 foot in the grave. If we believe that around 2030 there is another round of re-alignment musical chairs, we can't wait or we won't have a chair. It's not like having 1 good season in 2029 is enough. We have to have had multiple good seasons with a clearly showing up fan base and TV numbers and etc. That all takes time. It took Tedford 3 years as an example.
It may be a sunk cost, but the money has to come from somewhere. It's a very large sum, particularly by Cal standards and I highly doubt whoever is backing these payments feel the money contractually owed to Wilcox is irrelevant.


If Wilcox stays he gets the same $10.5 million and that money also "has to come from somewhere." Wilcox is getting $10.5 million (plus the $5+ million for this season) no matter what. If we fire him there is an opportunity to negotiate that amount down.

Boredom is right, the relevant cost is "finding" the additional money for the new coach.

Meanwhile we "found" additional money for Rolovich, Gregory and Rivera to be added in full-time non-coaching positions in addition to Wilcox, Harsin and the rest of the actual coaching staff. I really think we are spending just as much trying to prop up Wilcox as it would have or will cost to fire him and give Ron the keys AND the steering wheel or hire an up and coming young coach with a low base and an incentive laden contract.

I really think we are running out of time. The big picture financial situation is only going to get worse the longer we wait, plus leaving little time for a turnaround and to establish upward momentum for a new coach (or replacing them if they don't work out).
Do we know what/who are the sources of Wilcox's contractual salary and if they might be the same sources that would be funding a new coaching hire? If they are the same or even if there is some overlap, it strikes me as simplistic to suggest it's irrelevant or doesn't matter. The money is coming from somewhere and funding what would be the largest buyout Cal has ever paid absolutely impacts a decision on keeping Wilcox or not. To suggest it's simply a "sunk cost" and shouldn't matter is naive.
GivemTheAxe
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wifeisafurd said:

Not so sure:

1) His buy out goes down with his salary; that is, his buy out basically is his remaining salary. So he makes about $5 million annually, so you can do the math to come out with a ball park for his buy-out after this season (around $11 million).

2) With NIL and the House settlement, Cal has to not only find money for players, but also fund a buy-out for Wilcox, a signing bonus and possibly high salary for a new head coach (Wilcox is one of the lowest paid P4 coaches), severance to the existing staff, and signing bonuses to the new coaching staff, with which the way Wilcox turns over staff these days, so that is not exactly a new expense. That is a lot of cash out flow which Cal currently can't afford.
.
3) The State has a huge budget deficit, and Newsom already has ordered a 3% drop in funding UC, which could get bigger, since experts seem to be predicting the deficit is getting better. Neither the politicians on the UC Regents or employees at Cal are liklely to care about an existential crises in Cal sports when they are facing cuts. The politics/ optics a huge payout look really bad. The only good news in this is the new UC President has proved to be a big football fan.

As much as the Chancellor and RR want to make changes, their hands are somewhat tied by financial and political realities, so if Wilcox wins 7 or more games, my guess is he stays and if he wins big time with the weak upcoming 2025 schedule, he likely goes to a P5 program that can afford to pay him more.




The Chancellor has already expressly made his intentions clear. 7 wins ain't gonna cut it anymore.
Big C
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GivemTheAxe said:

wifeisafurd said:

Not so sure:

1) His buy out goes down with his salary; that is, his buy out basically is his remaining salary. So he makes about $5 million annually, so you can do the math to come out with a ball park for his buy-out after this season (around $11 million).

2) With NIL and the House settlement, Cal has to not only find money for players, but also fund a buy-out for Wilcox, a signing bonus and possibly high salary for a new head coach (Wilcox is one of the lowest paid P4 coaches), severance to the existing staff, and signing bonuses to the new coaching staff, with which the way Wilcox turns over staff these days, so that is not exactly a new expense. That is a lot of cash out flow which Cal currently can't afford.
.
3) The State has a huge budget deficit, and Newsom already has ordered a 3% drop in funding UC, which could get bigger, since experts seem to be predicting the deficit is getting better. Neither the politicians on the UC Regents or employees at Cal are liklely to care about an existential crises in Cal sports when they are facing cuts. The politics/ optics a huge payout look really bad. The only good news in this is the new UC President has proved to be a big football fan.

As much as the Chancellor and RR want to make changes, their hands are somewhat tied by financial and political realities, so if Wilcox wins 7 or more games, my guess is he stays and if he wins big time with the weak upcoming 2025 schedule, he likely goes to a P5 program that can afford to pay him more.




The Chancellor has already expressly made his intentions clear. 7 wins ain't gonna cut it anymore.

7 wins should be a floor, but we haven't even been on the floor for several years now.
Golden One
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Given his miserable record, 8 wins should be the floor.
Big C
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(^) For this season, given our current situation and recent history, agree 100%. 8-4 should be the floor for retention.
Fred Bear
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GivemTheAxe said:

wifeisafurd said:

Not so sure:

1) His buy out goes down with his salary; that is, his buy out basically is his remaining salary. So he makes about $5 million annually, so you can do the math to come out with a ball park for his buy-out after this season (around $11 million).

2) With NIL and the House settlement, Cal has to not only find money for players, but also fund a buy-out for Wilcox, a signing bonus and possibly high salary for a new head coach (Wilcox is one of the lowest paid P4 coaches), severance to the existing staff, and signing bonuses to the new coaching staff, with which the way Wilcox turns over staff these days, so that is not exactly a new expense. That is a lot of cash out flow which Cal currently can't afford.
.
3) The State has a huge budget deficit, and Newsom already has ordered a 3% drop in funding UC, which could get bigger, since experts seem to be predicting the deficit is getting better. Neither the politicians on the UC Regents or employees at Cal are liklely to care about an existential crises in Cal sports when they are facing cuts. The politics/ optics a huge payout look really bad. The only good news in this is the new UC President has proved to be a big football fan.

As much as the Chancellor and RR want to make changes, their hands are somewhat tied by financial and political realities, so if Wilcox wins 7 or more games, my guess is he stays and if he wins big time with the weak upcoming 2025 schedule, he likely goes to a P5 program that can afford to pay him more.
The Chancellor has already expressly made his intentions clear. 7 wins ain't gonna cut it anymore.
Yeah, I'll believe it when I see it.
Strykur
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Big C said:

6-6 or 7-5 and we are in no-man's land. The former, he probably goes, the latter, maybe he is retained.
Nah it means we're ****ed in 2026 so why keep him?
Big C
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Strykur said:

Big C said:

6-6 or 7-5 and we are in no-man's land. The former, he probably goes, the latter, maybe he is retained.
Nah it means we're ****ed in 2026 so why keep him?

I'm predicting what would happen in that scenario, not what should happen.

If we go 7-5, it will probably come down to what Ron Rivera thinks about the state of the program, combined with economic realities.
calumnus
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Big C said:

GivemTheAxe said:

wifeisafurd said:

Not so sure:

1) His buy out goes down with his salary; that is, his buy out basically is his remaining salary. So he makes about $5 million annually, so you can do the math to come out with a ball park for his buy-out after this season (around $11 million).

2) With NIL and the House settlement, Cal has to not only find money for players, but also fund a buy-out for Wilcox, a signing bonus and possibly high salary for a new head coach (Wilcox is one of the lowest paid P4 coaches), severance to the existing staff, and signing bonuses to the new coaching staff, with which the way Wilcox turns over staff these days, so that is not exactly a new expense. That is a lot of cash out flow which Cal currently can't afford.
.
3) The State has a huge budget deficit, and Newsom already has ordered a 3% drop in funding UC, which could get bigger, since experts seem to be predicting the deficit is getting better. Neither the politicians on the UC Regents or employees at Cal are liklely to care about an existential crises in Cal sports when they are facing cuts. The politics/ optics a huge payout look really bad. The only good news in this is the new UC President has proved to be a big football fan.

As much as the Chancellor and RR want to make changes, their hands are somewhat tied by financial and political realities, so if Wilcox wins 7 or more games, my guess is he stays and if he wins big time with the weak upcoming 2025 schedule, he likely goes to a P5 program that can afford to pay him more.




The Chancellor has already expressly made his intentions clear. 7 wins ain't gonna cut it anymore.

7 wins should be a floor, but we haven't even been on the floor for several years now.


It has been 6 years since 7 or more wins overall, 16 years since we had a winning record in conference. Last year was our easiest schedule in 100 years, especially in conference, and directly due to his mismanagement, Wilcox went 2-6 and finished near the bottom of the ACC as he did for his 7 years in the PAC-12.

Despite another opportunity with a historically easy schedule, it is highly likely Wilcox gets the Cal record for career losses this year, even if he also gets enough wins to be retained while Ron Rivera continues to be paid to "observe."

TandemBear
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Quote:

The Chancellor has already expressly made his intentions clear. 7 wins ain't gonna cut it anymore.
Or what?
A stern talking to?
Colorful, animated language?
Official reprimand?
Contract extension of only 2 years?
Double-secret probation?

I'm sure everyone involved is shaking in their boots...
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