John L. Smith

John L. Smith prepping to file bankruptcy


Yes, we get it — from one who was morally bankrupt to a financially bankrupt one.

Now, with that out of the way, the Razorbacks’ new head coach is currently facing an off-field situation that could very well bleed into the 2012 season.

Speaking to the Associated Press, John L. Smith confirmed that, because of several bad real estate investment deals in the state of Kentucky more than a decade ago, he is making plans to declare bankruptcy in the not-too-distant future.  Those plans may include filing after the new season has kicked off.

Smith told the AP that the investments began when he was head coach at Louisville from 1998-2002, with the real estate dealings ultimately reaching into the multi-millions of dollars.  As was the case with hundreds of thousands of people — if not more — during that time frame, Smith said he and his fellow investors “”got in over our head with land, and then the bubble burst and all this land value dropped and we couldn’t sustain it.”

Now, Smith is ready to turn the financial page despite the less-than-perfect timing of the situation.

“There have been some sleepless nights trying to get this resolved,” Smith told the AP. “There comes a point in time where you say `Enough is enough,’ and I want it cleaned up and whatever we have to do, we have to do.”

Smith said he decided to divulge the situation now so that it doesn’t become an issue by surfacing initially during the season.

After Bobby Petrino was fired in April for lying about and/or covering up an illicit relationship with a football program employee, Smith was hired away from Weber State later that month to replace Petrino.  Smith had just been hired by Weber State, his alma mater, the previous December.

UA athletic director Jeff Long said the university was aware of Smith’s situation prior to his hiring.

“Certainly, initially, I had concerns, but as he explained the situation to me, it clearly became a bad investment,” Long said. “There’s a large differentiation for me between what we had just gone through and someone who had made a bad financial decision and put himself in a financial difficulty. But at the same there, there was nothing inappropriate other than he had engaged in a risky financial deal.”

In Baker Mayfield, Texas set to face yet another QB who wanted to be a Longhorn

Baker Mayfield
Associated Press
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Jameis WinstonJohnny ManzielAndrew LuckRobert Griffin IIIJ.T. Barrett. Oh, don’t mind me. Just recounting the number of quarterbacks with ties to the Texas football program that never received a sniff from Bevo’s famous snout.

Add another to the list, perhaps the most inexplicable of all: Baker Mayfield.

Mayfield played at Lake Travis High School in Austin, a powerhouse program in a state that specializes in them. Lightly recruited out of high school (he reportedly held only an offer from Florida Atlantic), Mayfield and his family reached out to the nearby program to see if they’d take him as a walk-on.

They said no.

“They told us he had five scholarship quarterbacks, so there wasn’t any need of ‘Bake’ coming out there,” James Mayfield, Baker’s father, told George Schroeder of USA Today. “I popped off that they had five scholarship quarterbacks that couldn’t even play for Lake Travis. That’s where our relationship stalled out.”

On one hand, it utterly boggles the mind why Texas would decline a successful high school quarterback willing to pay his own way on to the team, especially considering the state of the position at the time. On the other, one would see why Mack Brown‘s staff would pass on a kid with only an offer from FAU who says UT’s quarterbacks couldn’t start for his high school team.

Instead, Texas signed Tyrone Swoopes and Mayfield enrolled at Texas Tech. He won the starting job as a true freshman, transferred to Oklahoma, walked on and then won the starting job there.

And now he’s set to face the hometown team he at one time wished he could play for.

Mayfield has completed 88-of-135 throws for 1,382 yards with 13 touchdowns and three interceptions – good for a 178.52 passer rating, which ranks fifth nationally – while adding 138 yards and four scores on the ground. His counterpart, redshirt freshman Jerrod Heard, has connected on 42-of-76 passes for 661 yards with two touchdowns and two interceptions (131.74 passer rating) to go with a team-leading 67 carries for 318 yards and three touchdowns.

“As perverse as all this has been, he’s where he wanted to be,” James Mayfield said. “He’s living his dream. If he had to do it all over again, he’d do it, with the same outcome.”

Appalachian State announces five-year extension for head coach Scott Satterfield

Scott Satterfield
Associated Press

One day after it was revealed its head coach was the second-lowest paid in college football, Appalachian State announced a five-year contract extension for head coach Scott Satterfield.

“We have the right coach leading our football program in Scott Satterfield,” Appalachian State AD Doug Gillin said in a statement. “In nearly three years as head coach, he has stayed true to his convictions, built the program the right way and set Appalachian State football up for sustainable success both in the Sun Belt Conference and at the national level.”

Satterfield had earned $375,000 annually, ahead of only Louisiana-Monroe’s Todd Berry at $360,000 a year.

Satterfield, 42, is 14-14 in his third season at the Boone, N.C., school. He led the Mountaineers to a 7-5 mark in their debut Sun Belt season, and has the club at 3-1 to start the 2015 campaign.

“It’s exciting for my family and me to know that we’re going to be at Appalachian for the foreseeable future,” Satterfield added. “I’m living a dream by being the head coach at my alma mater and can’t wait to continue to work hard to help this program reach heights that it has never reached before.”