Friday, July 19, 2013

Simple 2-year cost comparison since coaching change - you do the math

     Had we stood pat in 2011, the next two years from 2011 to 2013 would have cost $450K per year or roughly $900K, and surely we wouldn't have done any worse than 9th or 10 place - and just maybe we would have done lots better and lost far fewer loyal fans.

BU, with the change - first BU was on the hook for 3 years of JL's salary, the search firm fee, the cost to pay expenses to bring nearly a dozen candidates in for interviews before picking GF, the cost for the first 2 years of GF's deal at $700K base plus extras for camps, TV, etc...
then as we see more factors emerging - BU was on the hook to increase other people's salary as well, change over several assistants, and now even pay off gobs of expensive legal fees for lawsuits and threatened lawsuits on both fronts and lastly - the penalties (buyouts) that someone has to pay - and it's definitely not over yet as BU still faces the court case in October.
Then there's the loss of around 3000 good, loyal fans at each game - this revenue loss is at least $1 million but maybe more since some of the departing fans were big donors as well.
It sure doesn't take an accountant to add all that up and come up with around $6 million and more...possibly lots more......and still counting.

As the politicians say....
are you $5-6 million better off than you were two years ago?? SMH...

No comments:

Post a Comment