Butch Jones

With UT in deep financial problems, the Butch Jones hire has to work

22 Comments

The pressure to win and win right away is evident in major college football. But when an athletic department finds itself in the situation like the one Tennessee does, the pressure can be even greater.

The Sports Business Journal released a startling article Monday about the enormous debt, which is more than $200 million, that Tennessee is dealing with right now.

Among the other eye-opening numbers in the piece include the $1.95 million UT currently has in reserves (that’s down from $30 million five years ago and currently ranks as the lowest in the SEC) coupled with the $21 million the athletic department spends annually in debt payments (about two-thirds of which come from the athletic department’s nearly $100 million budget).

You can check out the entire article HERE. It’s astonishing.

There are a lot of reasons why an athletic department would fall on such hard times, but the declining attendance numbers at 102,000-seat Neyland Stadium since the 2005 season coupled with the rising cost of season tickets for a poor on-the-field product would be a good place to start.

“We’ve got to get football healthy,” Vols athletic director Dave Hart told the SBJ.

Tennessee has finished with five wins in four of the past eight years and have never won any more than nine games in a regular season since back-to-back years in 2006 and 2007 under Phillip Fulmer. Since 2005, attendance at UT home football games have gone down an average of about 12,600 fans while season ticket prices have gone up an average of roughly $70 since 2008. There have been three different head football coaches in that span: Fulmer, Lane Kiffin and Derek Dooley.

Now, the Vols have former Cincinnati coach Butch Jones. Though he didn’t have the name recognition of, say, Jon Gruden when he was hired by Tennessee last month, Jones has been successful at Cincinnati and Central Michigan. Personally, I thought that anyone who hired Jones would be getting a getting a tremendous coach.

But the pressure on Jones to win is heightened when you put it into context of Tennessee’s financial woes. In addition to the money the athletic department is moving around just to stabilize itself, the school is expected to pay Jones just under $3 million a year as part of a six-year contract. That’s not an absurd amount of money, but it’s not dirt cheap either. Consider that Tennessee has spent $11.4 million in buyouts for fired coaches recently and that does not include the reportedly $7 million that’s owed to recently fired Dooley and his assistants.

If Tennessee fires Jones before Feb 28, 2014, the buyout would be $4 million. Dooley’s was $5 million.

I don’t foresee that being an issue as I believe Jones will have a lot of success with Tennessee. But if he doesn’t, the result could even costlier to Tennessee.

ACC sees revenues spike nearly $100 million in 2014-15

John Swofford
Getty Images
6 Comments

Here’s how wacko, bonkers, crazy college sports has gotten in the past half-decade, and more specifically the money taken in by the SEC and Big Ten: the ACC saw its revenue jump by nearly $100 million in 2014-15 — and they’re worried about falling behind.

Whereas a decade ago simply making $100 million as a conference would’ve been cause for a clicking of heels in Greensboro, the ACC’s jump from $302.3 million in 2013-14 to $403.1 million in 2014-15, according to tax documents obtained by USA Today, is met by concern of just how in the heck they’re going to match the SEC’s $527.4 million and the Big Ten’s $448.8 million without what those two leagues have — a TV network.

The ACC has seen revenues jump nearly $170 million in two years, and the 2014-15 jump was thanks in large part to a $30 million exit fee played by Maryland in leaving for the Big Ten.

Commissioner John Swofford saw his pay grow along with his conference’s, from $2.1 million and change to just under $2.7 million.

The ACC was the final Power 5 to release its financials for the 2014-15 fiscal year, and with all five out we now have a full picture of how the schools stack up on a per school basis (full shares only):

  1. SEC: $32.6 million*
  2. Big Ten: $32.4 million
  3. ACC: $25.8 million*
  4. Pac-12: $25.1 million
  5. Big 12: $23.4 million^

*  – Splitting difference between highest and lowest distributions, as listed by USA Today
^ – Does not include third-tier payments such as Longhorn Network

Michigan spent nearly $350,000 on spring break trip to IMG Academy

MINNEAPOLIS, MN - OCTOBER 31: Head coach Jim Harbaugh of the Michigan Wolverines looks on during warm-ups before the game against the Minnesota Golden Gophers on October 31, 2015 at TCF Bank Stadium in Minneapolis, Minnesota. (Photo by Hannah Foslien/Getty Images)
Getty Images
8 Comments

When Jim Harbaugh goes on vacation, he does it big.

The world’s most notable khaki pants aficionado went to France last summer and, as was well-publicized at the time, brought the entire Michigan roster to IMG Academy in Bradenton, Fla., for a spring break football trip.

According to the Detroit News, that trip cost Michigan’s football program nearly $350,000.

That $348,553 figure represents nearly 10 percent of the entire athletics budget at Coppin State, according to the most recent figures on record from USA Today, the lowest in Division I.

Michigan, meanwhile, spent over $151 million on athletics — and that figure will only go up considering the month-long satellite camp tour Harbaugh has planned for his staff in June.

Imposter used alias of Vols football player for Snapchat extortion scheme

JACKSONVILLE, FL - JANUARY 02:  Cameron Sutton #23 of the Tennessee Volunteers runs past Dalton Ferguson #76 of the Iowa Hawkeyes during the TaxSlayer Bowl at EverBank Field on January 2, 2015 in Jacksonville, Florida.  (Photo by Sam Greenwood/Getty Images)
Getty Images
2 Comments

A Sweetwater, Tenn., man is accused of using the likeness of Tennessee football player Cameron Sutton to run an extortion scheme over Snapchat.

According to WBIR in Knoxville, federal authorities have charged 22-year-old Brandon Shanahan with intent to extort money and other things from a woman using the alias “Camsutton2323.”

Sutton, a senior defensive back from Jonesboro, Ga., wears number 23.

Case documents indicate the woman sent the person she thought was a Volunteers cornerback nude photos through the messaging app. The next day, authorities say, Shanahan threatened to post the photos online unless she sent more. Investigators believe Shanahan used the scheme to contact other women as well.

If convicted of criminal impersonation, Shanahan faces up to two years in prison.

Proposed Big 12 rule change would give Baker Mayfield extra year of eligibility at Oklahoma

NORMAN, OK - SEPTEMBER 5:  Quarterback Baker Mayfield #6 of the Oklahoma Sooners celebrates a touchdown against the Akron Zips September 5, 2015 at Gaylord Family-Oklahoma Memorial Stadium in Norman, Oklahoma. Oklahoma defeated Akron 41-3.(Photo by Brett Deering/Getty Images)
Getty Images
6 Comments

A proposed rule change up for vote at the Big 12’s faculty athletics representatives meetings could have a wide effect on the college football season in 2017.

As reported by Chuck Carlton of the Dallas Morning News, the Big 12 will vote on a rule that would allow non-recruited walk-ons — like Oklahoma quarterback Baker Mayfield — to transfer within the conference without penalty.

Mayfield walked on to Texas Tech’s roster in 2013 and immediately won the starting job as a true freshman. The combination of injuries and bad blood between he and Red Raiders head coach Kliff Kingsbury led Mayfield to transfer to Oklahoma, where he also walked on. (Sooners head coach Bob Stoops famously didn’t meet Mayfield until he’d already joined his roster.) Mayfield and his father James exhausted the appeals process both inside the Big 12 and nationally through the NCAA to no avail.

Because of that, Mayfield, a 3,700-yard passer for the 2015 Big 12 champions and College Football Playoff semifinalists in 2015, will be a senior in 2016 at Oklahoma — but could transfer again to another school and play outside the Big 12 in 2017. Fear of that potential embarrassment is what spurred this proposal to next week’s docket.

“I think we all ought to be a little bit thoughtful about it,” Big 12 commissioner Bob Bowlsby told the Morning News. “Absent Baker Mayfield getting relief, he’ll have a year of eligibility left and won’t be able to use it in our conference but instead would go someplace else and use it. That might not be in anybody’s best interest.”

Bowlsby and OU athletics director Joe Castiglione stressed the rule change would be bigger than just one quarterback, but, let’s be honest: if Mayfield was still a Red Raider, this issue would be on exactly no one’s radar.

And now, thanks to college sports’ goofy governance system, a group of Big 12 faculty chaired by Kansas chemical and petroleum engineering professor Susan Stagg-Williams will vote on Wednesday at campus headquarters in suburban Dallas on a rule that will have wide-sweeping impact on college football next year.

Another interesting angle to this is that, no matter how the votes tally, the result will be bittersweet for the Sooners. Either Oklahoma sees the nation’s No. 3 most efficient passer from 2015 receives the opportunity to play elsewhere in 2017, or Kyler Murray sits on the bench one year longer than anticipated. And Oklahoma can ask their former Big 12 bunkmates at Texas A&M how the Murray camp will probably handle that.