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

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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.

Georgia third string QB Stetson Bennett considering transfer

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Georgia lost quarterback Jacob Eason to a transfer, but gained a younger, more highly-regarded signal caller in Justin Fields with the 2018 recruiting class. With Fields on the roster and Jake Fromm not going anywhere, another Bulldog quarterback is considering leaving as well.

Stetson Bennett IV — who, outside of the current U.S. Attorney General, sports the best Southern name in circulation — has told Bulldogs head coach Kirby Smart he might rather leave than spend his career as the No. 3 man in Athens.

“He’s looking at some different options,” Smart told the Macon Telegraph. “Stetson has done a tremendous job for us. We’re really excited what he has done for us. We’re exhausting every option to try to keep Stetson with us. We think he’s a very talented young man. I’ve spoke on behalf of that multiple times. We hope we keep him here. He has not made that decision yet.”

Listed at an even 6-foot-nothing and 172 pounds, Bennett was a successful quarterback at Pierce County High School and listed as a 2-star recruit before choosing to walk-on at Georgia rather than take scholarship offers from Group of 5 and FCS programs. Bennett redshirted as a freshman in 2017, sharing Offensive Scout Team Player of the Year honors with three other players.

Should Bennett transfer, his stature and walk-on status would draw easy comparisons to Baker Mayfield, which is ironic considering Bennett was tasked with mimicking the 2017 Heisman winner ahead of Georgia’s Rose Bowl win over Oklahoma.

Both of Bennett’s parents are Georgia graduates, so leaving would be a tough decision for the redshirt freshman.

“We need to keep Stetson there and help us,” Smart told the Telegraph. “We don’t really have many other guys to be honest. We have two young quarterbacks who will be walk-ons, who we think are good players. But we’ve invested a lot in Stetson with the development he took this spring, and with what he did in bowl practices. I’m excited to see what he can do. We’re encouraging him to stay so he gets that opportunity. I certainly respect what he has done this far for the University of Georgia and he’s a really good student as well. We’re selling him on the University of Georgia education.”

Tulane extends Willie Fritz through 2023

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Major news on the Kansas football front came down the pike Tuesday when Tulane announced it has extended head coach Willie Fritz through 2023.

Wait, what? Let’s back up a bit.

Kansas fired AD Sheahon Zenger on Monday, citing that a “change in leadership is necessary” because “progress in key areas has been elusive.” While Kansas chancellor Douglas Girod did not come out and say this move was related to football, he did feel the need to mention head coach David Beaty in his release announcing Zenger’s firing. “In addition, earlier today I spoke with Coach Beaty and shared my expectation that he will continue recruiting hard and getting his team ready for the season,” Girod said.

It doesn’t take Leonardo DiCaprio to read Girod’s thoughts here. Beaty is 3-33 in three seasons as KU’s head coach, including a 1-26 mark in Big 12 play. Coaches that average a win a year don’t typically last until Year 5. Just last year, Nebraska cleared out its AD so the new AD could fire the existing football coach and hire a new one, and it appears Kansas is headed down the same path later this year.

With Beaty apparently on his way out, I tweeted on Monday where Kansas should direct its incoming search.

Fritz-to-Kansas makes sense on a number of levels. Fritz is a proven program builder, a more-with-less guy that won at Blinn Junior College, Central Missouri, Sam Houston State, Georgia Southern and, now, Tulane. Overall, Fritz is 202-89-1 with two junior college national titles and conference championships in three separate leagues — all at places that have no business posting a collective .693 winning percentage. Simply put, Kansas is the rebuild job of the century, and there is not a more proven general contractor than Fritz.

And even better for Kansas, Fritz seems likely to take the job. He’s a Sunflower State native and at an age — 58 — where he’d likely take any Power 5 job offer that came his way, lest it be the last one.

All that said, it did not seem a coincidence that Tulane announced an extension for Fritz on Tuesday, who is 9-15 in two seasons with the Green Wave.

“I couldn’t be more excited with the direction in which our football program is headed,” Fritz said in a statement. “It is an absolute joy to coach at this institution. We have total buy-in from everyone on our staff to our administration, and I know we have a bright future.”

With Tulane being a private school, financial terms were not disclosed, but the key number will be the buyout.

Of course, Fritz could also pass on a potential Kansas offer. Or he may not get an offer. Or the job may not open at all. But even the prospect of an offer has already turned into a win for him.

DB Craig Watts leaves USF, lands at Div. II school

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With transfer season in full swing, South Florida is the latest to see its roster sustain a bit of attrition.

Craig Watts took to his personal Twitter account Monday to reveal that he will be transferring from Charlie Strong‘s USF program.  The defensive back also posted a photo of him signing paperwork for Valdosta State, indicating a move to the Division II school.

As he’s dropping down a couple of levels, Watts, who’ll be a redshirt sophomore in 2018, will be eligible to play immediately this coming season.

After coming to the Bulls as a three-star recruit on 247Sports.com‘s composite board, Watts took a redshirt as a true freshman.  He played in 12 games last season and was credited with five tackles.

Nevada’s Devin Porter arrested for failure to appear

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After a dozen days, it’s time to, once again, flip the switch on a “Days Without An Arrest” reset.

The latest to do the off-field deed is Devin Porter, with the Reno Gazette Journal reporting that the Nevada linebacker was arrested over the weekend for failure to appear.  The redshirt junior had been scheduled to appear in court for a traffic citation.

From the Gazette Journal‘s report:

The charge is a misdemeanor. If a defendant skips a court date, a judge can issue a bench warrant for their arrest. If 30 days pass before a defendant surrenders himself, an additional charge for “failure to appear” can be issued. The maximum sentence for such issue includes four years in prison and/or $5,000 in fines, although both are rare.

Porter was issued a $415 bail, which he posted and was released.

Porter is a walk-on to the Wolf Pack football program who has yet to see any game action for the Mountain West Conference school.  According to the newspaper, “[h]is brother, Cliff, was a starter at left guard for Nevada as a sophomore last season before graduating early and giving up the rest of his eligibility.”

(Tip O’ the Cap: ArrestNation.com)