I think it is absurd and ridiculous to invest in something that gives you less in return out of fear for the unknown. I want to keep Mullen, but not at that price. If he wins those championships he mentioned before, then we should pay him top pay. Not from what I saw last night. Dickie, you can invest in my business and I will make sure to get you back 50 to 60% of your investment. Sound good?
It's not about "fear of the unknown". It's about the statistical near-certainty that the unknown is worse than what we have now.
If you could hire a sure-fire top 10 coach just by paying a top-10 salary, I'd agree with you. But who are the top 10 coaches?
1. Saban
2. Meyer
3. Franklin
4. Dabo
5. Jimbo
6. Petersen
7. Patterson
These are 7 that I think are pretty close to locks for the top 10 (no particular order). It's a foggy picture after that- some names for discussion:
Ferentz
Chip Kelly
Harbaugh
Brian Kelly
Kirby Smart
I'm sure there are more in this tier that I'm leaving out, but that's not the point. That's 12 names. You think any of them are coming to Starkville for $6MM/year? Point being you can't just go out and hire a top-10 coach just by paying top-10 money.
Even if you could, hiring any name on that list outside of Nick Saban doesn't guarantee you "top-10 results". It's hard to win consistently at Mississippi State. We have 100+ years of history to prove that. But that's what we've done for the last 8 years.
Now I won't pretend to know the ins and outs of our athletic budget. But if we can afford to match any offer plus guarantee competitive salaries for Grantham and the others, I dont think it makes sense to let him walk.