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Please Sticky - RC Slocum is NOT under contract to TAMU

4,337 Views | 20 Replies | Last: 15 yr ago by W
agracer
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He got a 7-yr contract with a $300,000 annual salary (worth ~$1M/yr with bonuses/extras) in 1999. He was fired after the 2002 season. His contracted ended in Dec 2005. CNNsi
quote:
Slocum, 58, is in the fourth year of a seven-year deal he signed in 1999 worth $1 million annually, including a base salary of $300,000.


HE IS NOT ON THE ATHLETIC DEPARMENT PAYROLL ANY LONGER as a former coach or whatever.

Maybe he's part of some staff somewhere at A&M, but he's not making millions.

SO PLEASE STICKY THIS SO PEOPLE WILL STOP POSTING IT!!!!
agracer
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stay up there!
NoACDamnit
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We pay him almost a quarter of a million dollars for throwing pencils into the ceiling.
NoACDamnit
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[This message has been edited by NoACDamnit (edited 10/16/2010 8:48p).]
dcaggie04
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quote:
We pay him almost a quarter of a million dollars for throwing pencils into the ceiling.


The university does, not the athletic department. I'm not sure how people don't understand this. The athletic department is a completely separate entity from the university.
91Ags_
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edit: never mind

[This message has been edited by 91Ags_ (edited 10/16/2010 9:03p).]
dcaggie04
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Fran's buyout is on the athletic department. He is owed $1 million this year as the final payment on the buyout. He will be off the athletic department's payroll after this year.
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BaronVonAggie
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So we pay RC $250,000 under the table through the University for playing golf and making a few phone calls. Thats supposed to make everyone feel better about the state of affairs at the University?
Doesnt it kind of prove how perverse and unaccountable the old boy network is there now?

[This message has been edited by BaronVonAggie (edited 10/16/2010 9:07p).]
NoACDamnit
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quote:
The university does, not the athletic department. I'm not sure how people don't understand this. The athletic department is a completely separate entity from the university.



Did I mention the athletic department?
BBRex
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This reminds me that this is the second week in a row he could've said, "Well, the No. 1 team in the country lost today" in a post-game press conference.
Jugstore Cowboy
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quote:
We pay him almost a quarter of a million dollars for throwing pencils into the ceiling.


Wow.

For those of you belaboring the well-known point that RC is paid out of the president's office, please tell me what academic or administrative function he serves that is unrelated to athletics. After you do that, remind yourself that A&M is not on the short list of schools with autonomous athletic budgets. They are separate departments, but the Athletic Department is not entirely separate from the university. That assertion is simply false.
Texas A&M
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quote:
RC Slocum is NOT under contract to TAMU

But he should be!!!!
polksalet12345
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So why can't he replace Sherm until a formal coaching search can begin at end of the season?
dcaggie04
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quote:
They are separate departments, but the Athletic Department is not entirely separate from the university. That assertion is simply false.


The athletic department has no funding or financial supporting from the university's budget. It is self sufficient. That is why it was a shocker and really pissed the university off when Byrne asked for the loan. Byrne has asked multiple times for some financial support from the university like many other universities do. But each time he is told no and that the athletic department is meant to be self-sufficient.
biobioprof
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OP:
The Athletic Dept = TAMU
President's office != TAMU

??????!!!!!!
Jugstore Cowboy
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The athletic department is not self sufficient. For the last two years there have been something like 5 schools with self sufficient athletic departments, but ours is not one of them.

Not my opinion; a fact you can easily research.

But no matter how you argue it, RC is paid because he is a former head coach. He isn't teaching KINE.
Lance Uppercut
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http://www.texastribune.org/library/data/government-employee-salaries/search/?q=slocum&x=0&y=0

We're not paying him for the coaching contract, but that's a hell of a severance package to get tacked onto the payroll at $228k with a b.s. title like "Special Advisor to the President".
mjfrog
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We need to hook RC up with these guys...

http://www.theboxset.com/images/reviewcaptures/101cap007.jpg
jgince
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The 228k is an anual retainer fee so he does not go to Baylor and kick our arses every year.
Lance Uppercut
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quote:
The 228k is an anual retainer fee so he does not go to Baylor and kick our arses every year.


The icon still doesn't do it justice.
W
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yes, Fran is off the books as of December 31, 2010 (if he was not already paid off earlier in the year)

so there is room to add Sherman's salary on there to show him the door
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