One rumor I am hearing is that since we are paying $27 million/year alone on just the interest for the stadium upgrade, it hinders our availability to hire a top notch coach. i.e. board will not approve another $5 million/year salary. Is this true?

An innovative, inspiring mid-major coach that HATES to lose, and would take a $2 million salary would be a breath of fresh air.

I'm sure it is. Your friends are tied directly into the budget. I swear that 50% of this board really thinks they're tied into something despite toiling away in their cubicles/McDonald's.

It's an investment. Season ticket sales are already down. The only thing worse than $27m interest in a stadium is $27m interest in a half empty stadium.

You can't money whip established coaches any more. No one is going to Gillespie themselves, leaving a comfortable job for a high risk job, for a $2M bump.

Coaching salaries are committed to and paid for by the boosters that push their candidate. That's how it will happen this time.

How long does this $27 mil payment last. That's a lot of money

So....how much did we take out in bonds? I thought we paid a huge chunk of that stadium in donations with much of it coming in the first 5 years.

I do know that many boosters did not meet their donation pledge for 2016 because of the oil crash. 2017 has only been a little bit better, but don't know if boosters are making up the difference of their pledge.

Let alone the money. The SEC west is just a beast. I would think most coaches are going to want a long term guaranteed contract.

Raiderzzz said:

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Quit crying for a new coach. We suck. UCLA is way better. We're just SEC wannabes

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Username doesn't scream "Aggie fan".

Go *****yourself.

Bayside Tiger Ag said:

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Coaching salaries are committed to and paid for by the boosters that push their candidate. That's how it will happen this time.

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Dude. We're tired of this. Your so called sources need to be fired. If they know something and are part of it, they need to go.

We don't need any more texags gurus to help us with the shi* show that's coming. Thanks for all the inside info that everyone knows. Just stop
Now enter the defending socks lol.... no one wants to hear this ***t anymore.

This article says we took out $320 in bonds. If we're paying $27M on $320M for 30 year bonds, we're even dumber than I thought.

Did we really do these at 7.8% APR at a time money was cheap? If so I should have taken every penny I put into the Kyle Field Capital Campaign and bought bonds instead.

https://www.bizjournals.com/houston/blog/money-makers/2013/07/texas-am-bond-sale-for-stadium.html

Humorous Username said:

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An innovative, inspiring mid-major coach that HATES to lose, and would take a $2 million salary would be a breath of fresh air.

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How many of them LIKE to lose though? We should not hire one of those.

Like Jim Mora?

TexAg81 said:

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One rumor I am hearing is that since we are paying $27 million/year alone on just the interest for the stadium upgrade, it hinders our availability to hire a top notch coach. i.e. board will not approve another $5 million/year salary. Is this true?

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Who the f out there that is available is worth 5 million a year?

I don't find any of these "good coach" arguments persuasive. We need to completely change our thinking. Go full money ball. Find a no name coach that would give anything just for the opportunity. Give him a couple hundred K, pay bonus for each win. Completely change the compensation model. There are different aspects to coaching too. Recruiting, managing the organization, game theory and strategy. There may be a great strategist but he has no experience with the day to day business decisions, being a kind of CEO. Ok, well get good assistants to delegate that kind of stuff too. We have nothing to lose, this is an opportunity to try some interesting experimentation.

aggiehorns said:

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I don't find any of these "good coach" arguments persuasive. We need to completely change our thinking. Go full money ball. Find a no name coach that would give anything just for the opportunity. Give him a couple hundred K, pay bonus for each win. Completely change the compensation model. There are different aspects to coaching too. Recruiting, managing the organization, game theory and strategy. There may be a great strategist but he has no experience with the day to day business decisions, being a kind of CEO. Ok, well get good assistants to delegate that kind of stuff too. We have nothing to lose, this is an opportunity to try some interesting experimentation.

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Posted this before and agree with it. The chance of success is the same.

FishingAggie said:

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Bayside Tiger Ag said:

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Coaching salaries are committed to and paid for by the boosters that push their candidate. That's how it will happen this time.

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Dude. We're tired of this. Your so called sources need to be fired. If they know something and are part of it, they need to go.

We don't need any more texags gurus to help us with the shi* show that's coming. Thanks for all the inside info that everyone knows. Just stop
Now enter the defending socks lol.... no one wants to hear this ***t anymore.

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I'm sorry you have issues with reality.

HowdyTAMU said:

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This article says we took out $320 in bonds. If we're paying $27M on $320M for 30 year bonds, we're even dumber than I thought.

Did we really do these at 7.8% APR at a time money was cheap? If so I should have taken every penny I put into the Kyle Field Capital Campaign and bought bonds instead.

https://www.bizjournals.com/houston/blog/money-makers/2013/07/texas-am-bond-sale-for-stadium.html

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Ouch. That's going to be a huge albatross for us for a long time.

riverrataggie said:

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TexAg81 said:

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One rumor I am hearing is that since we are paying $27 million/year alone on just the interest for the stadium upgrade, it hinders our availability to hire a top notch coach. i.e. board will not approve another $5 million/year salary. Is this true?

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Who the f out there that is available is worth 5 million a year?

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The floor for anyone will be in the $4 million range. Chad Morris was offered 5 years/$24.5 million from Baylor. He declined. It's not about what you're worth, it's about what you can get.

Bayside Tiger Ag said:

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riverrataggie said:

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TexAg81 said:

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One rumor I am hearing is that since we are paying $27 million/year alone on just the interest for the stadium upgrade, it hinders our availability to hire a top notch coach. i.e. board will not approve another $5 million/year salary. Is this true?

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Who the f out there that is available is worth 5 million a year?

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The floor for anyone will be in the $4 million range. Chad Morris was offered 5 years/$24.5 million from Baylor. He declined. It's not about what you're worth, it's about what you can get.

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So tell Morris we pass. We are going to give this other guy who has just as much experience 1 million. Pony up!

So are we just creating situations out of thin air as if any of it is happening?

Bayside Tiger Ag said:

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riverrataggie said:

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TexAg81 said:

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One rumor I am hearing is that since we are paying $27 million/year alone on just the interest for the stadium upgrade, it hinders our availability to hire a top notch coach. i.e. board will not approve another $5 million/year salary. Is this true?

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Who the f out there that is available is worth 5 million a year?

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The floor for anyone will be in the $4 million range. Chad Morris was offered 5 years/$24.5 million from Baylor. He declined. It's not about what you're worth, it's about what you can get.

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Everyone know this. You've been here two years.....news flash. We all know what you post before you post it. Just stop We don't need football for dummies in every post and you're not nearly the legend of texags you think you are.

Nonregdrummer09 said:

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So are we just creating situations out of thin air as if any of it is happening?

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Uh, this is TexAgs.

You can easily make that decision when you front the cash that others do.

FishingAggie said:

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Bayside Tiger Ag said:

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riverrataggie said:

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TexAg81 said:

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One rumor I am hearing is that since we are paying $27 million/year alone on just the interest for the stadium upgrade, it hinders our availability to hire a top notch coach. i.e. board will not approve another $5 million/year salary. Is this true?

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Who the f out there that is available is worth 5 million a year?

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The floor for anyone will be in the $4 million range. Chad Morris was offered 5 years/$24.5 million from Baylor. He declined. It's not about what you're worth, it's about what you can get.

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Everyone know this. You've been here two years.....news flash. We all know what you post before you post it. Just stop We don't need football for dummies in every post and you're not nearly the legend of texags you think you are.

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As long as people keep posting idiocy then I'll keep reminding them of the realities of the situation.

Bayside Tiger Ag said:

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You can easily make that decision when you front the cash that others do.

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Will do

Bayside Tiger Ag said:

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FishingAggie said:

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Bayside Tiger Ag said:

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riverrataggie said:

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TexAg81 said:

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One rumor I am hearing is that since we are paying $27 million/year alone on just the interest for the stadium upgrade, it hinders our availability to hire a top notch coach. i.e. board will not approve another $5 million/year salary. Is this true?

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Who the f out there that is available is worth 5 million a year?

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The floor for anyone will be in the $4 million range. Chad Morris was offered 5 years/$24.5 million from Baylor. He declined. It's not about what you're worth, it's about what you can get.

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Everyone know this. You've been here two years.....news flash. We all know what you post before you post it. Just stop We don't need football for dummies in every post and you're not nearly the legend of texags you think you are.

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As long as people keep posting idiocy then I'll keep reminding them of the realities of the situation.

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Lol. It's all yours then. I don't need to be a texags hero. You keep up the good work little buddy.

My guess is someone like LSU's DC Dave Aranda may be a forward thinking get, barely in his 40s, an impressive defensive pedigree, presently in the SEC, and Texas background via a stint in Houston and time as GA at Tech.


Not the sexist choice, but maybe the most forward thinking.

Bayside Tiger Ag said:

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riverrataggie said:

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TexAg81 said:

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One rumor I am hearing is that since we are paying $27 million/year alone on just the interest for the stadium upgrade, it hinders our availability to hire a top notch coach. i.e. board will not approve another $5 million/year salary. Is this true?

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Who the f out there that is available is worth 5 million a year?

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The floor for anyone will be in the $4 million range. Chad Morris was offered 5 years/$24.5 million from Baylor. He declined. It's not about what you're worth, it's about what you can get.

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That's a rumor, amigo.

I went to school with one of their regent's son, and they had two candidates: Rhule and Gundy, Morris wasn't ever offered anything.

Truthfully, Morris is not ready to be a head coach at any P5 school, would be very disappointed to see A&M make a play for him as anything other than an OC.

Bayside Tiger Ag said:

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riverrataggie said:

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TexAg81 said:

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One rumor I am hearing is that since we are paying $27 million/year alone on just the interest for the stadium upgrade, it hinders our availability to hire a top notch coach. i.e. board will not approve another $5 million/year salary. Is this true?

---

Who the f out there that is available is worth 5 million a year?

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The floor for anyone will be in the $4 million range. Chad Morris was offered 5 years/$24.5 million from Baylor. He declined. It's not about what you're worth, it's about what you can get.

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I wouldn't take that money to coach baylol either...

TexAg81 said:

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One rumor I am hearing is that since we are paying $27 million/year alone on just the interest for the stadium upgrade, it hinders our availability to hire a top notch coach. i.e. board will not approve another $5 million/year salary. Is this true?

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1. Rook

2. Those numbers make no sense as pointed out already

3. I'm calling bs

We won't pay big money, because Sumlin's buyout is 10M in 60 days. Have to be smart with this decision

Shoulda snagged PJ Fleck when he was available.