It gets crazier and crazier.
https://sports.yahoo.com/articles/r...-basketball-193107987.html?fr=sycsrp_catchall
https://sports.yahoo.com/articles/r...-basketball-193107987.html?fr=sycsrp_catchall
Xavier Spending Over $14 Million
- Thread starter SPK145
- Start date
Find it interesting that some coaches/programs are pretty open about this stuff; others are cloak and dagger/lock-and-key, and others are sort of in the middle but subject to rampant speculation by media types, etc.
He only answered because he was under oath.
And we’re “happy” we got close to $10 million. With $14 million we keep Clark or get some other front line PG. And yes it is ridiculous but this is where college hoops is at.
Going from $5M to $14M? Nice on them. Also amazing the funds out there for this stuff. Truly amazing. Constantly.
They aren't. That's the problem. Robbing Peter to pay Paul.
That's true but it was reported 3 months ago that Xavier had tripled their budget from last year. Also, Cincinnati Coach Calhoun was asked his budget under oath in the same trial and he declined to answer.
Xavier isn't hiding. Their AD was open last June when he said they were 15% below the Big East average and that it wouldn't happen again. They later announced a $500 Million fundraising Campaign that included $40 Million specifically for athletics. They obtained pledges for most of that money already and the University is investing in their flagship program. As a result they have the #1 Transfer class in the country per On3.
Exactly. There is definitely differences amongst programs and coaches as to the level of transparency. It doesn’t stop media types or fans from speculating one way or the other, regardless. We have threads in why $$ is mentioned repeatedly for certain teams, as much as the basketball stuff.
I also didn’t get the notion that if one spends $14M and doesn’t win to a sufficient level in a certain season, it’s a disaster and people should want their money back from “lack of ROI”. But spending $6M or $10M etc doesn’t mean that. That to me smacks of mental gymnastics used to justify a certain narrative, or not.
It’s a lot of money, no matter how it’s sliced, and you are either in the game or not. We all know who the best coaches are all things being equal anyway, at least in most cases, because these coaches have resumes. You can see who built programs quickly under the old rules and achieved certain levels of success, and who are perhaps more of a mixed bag comparatively (like our coach).