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re: Texas has fired AD Steve Patterson
Posted on 9/15/15 at 12:55 pm to GetCocky11
Posted on 9/15/15 at 12:55 pm to GetCocky11
quote:
Is Charlie Strong seriously in danger of being fired after just 2 seasons?
Depending on who they bring in after the interim AD, they may want a clean slate and to bring in "their" guys. It'd be a mistake IMO, but you never really know what you're getting when you change Athletic Directors.
I know a lot of the big money donors didn't like the hiring of Strong. They didn't like that Patterson kept them out of the loop during the search.
IF they bring in a weak willed AD, they may be pressured to fire Strong by the big donors who will want a chance to be on the inside for a new hire.
But ultimately, Strong has had ONE recruiting class. And in the last game the freshmen that did play looked awesome. I just can't see letting Strong go after we know what kind of shape Mack left the program in.
Posted on 9/15/15 at 1:04 pm to Atari
quote:
we know what kind of shape Mack left the program in.
Yep full of 4 and 5 stars that Charlie ran off, y'all forget Mack won like 17 games his last 2 seasons. As for money here's a little breakdown by one of our posters
quote:
He's not a likable guy but their AD job isn't that great right now. Patterson innocuously dropped the bomb that fiscal 2014, despite enormous revenue numbers, the Texas AD lost about $5m. He explained it away that they had $50m in reserve and it was related to the buyout of Mack Brown so no big deal. But, since then...
- they lost about 10k season ticket holders. The official tickets sold vs Rice was 86,458 (their lowest paid attendance in 2014 was 92,017 vs ISU)
- they fired Barnes and hired Shaka including a buyout for both. Not sure the numbers but they also increased their ongoing coaching salaries
- they have now fired Patterson to the tune of $6m
So let's say they average 6k below last year's attendance (which is probably generous as UNT was their opener last year and it outdrew ISU plus this season may get ugly) with price of ticket $500 and an average donation of $500 that's $6m. Add in the $6m for Patterson and let's say $5m for the Shaka/Barnes buyouts. That's about $17m. Plus whatever ongoing increase for Shaka and his staff. Suddenly that $50m reserve is $25m with an ongoing operating loss around $5-10m annually.
Strong's contract is guaranteed. If they have a subpar season like it appears they will, it will still be very difficult to fire him. But season tickets aren't exactly going to fly off the shelves if Strong returns. All the while, fan expectations remain that they can money whip anyone they want. That's what the next AD is walking into.
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