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True, but IMO the issue is that it adds another team to the fold in tOSU. Penn State's going to continue recruit well in the DMV-area with Franklin, so this adds more competition.
If we lose Grimes, I will talk to Tony Washington, Todd's dad, who I have worked with a few times over the years....and get him to get Todd back to Blacksburg! :D
Or Bostad?
As was said in another thread, "we need BETTER long-term contingency plans."
THIS^^^^ unfortunately.
CLASS WAR VETERAN
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12 years 6 months
# | Regarding LSU Interviewing Grimes and VT Assistant Salaries "Not all programs have a coach for as long as we have had Frank, Foster staying has been a saving grace for this program, and it took Beamer too long to let go of the people who were in way over their heads at the positions they had"
I was just coming back to chime on something like this, maybe I am surprised at Grimes interviewing with LSU after only a year, because as Hokie fans, we are not entirely used to the real nature of high level coaching, where various assistants head elsewhere and new assistants are being brought in regularly, we have years go by (until last year) with very little changes on the coaching staff, and I've got to remember that VT was the exception to the rule, not the norm.
Yep - I do the exact same thing for the exact same reason. People in Lancaster County, PA litterally live in the 1700's. Had a coworker ask me if I have ever heard of Under Armour before.... wow.
ahh must be the subsidies; here is a link to a chart showing us as "profitable" but also to quote from your link:
Most (if not all) profitable athletic departments pay back any subsidies they receive, but most athletic departments aren't profitable without them.
It's not like we haven't been recruiting against this guy...As long as we keep Moorehead we will be ok.
Its $800,000 and it kicks in at end of 2014 season, but if he gets a job paying him $1mil a year, he makes that deferred money up in two years, let alone if he negotiates a signing bonus to leave the deferred payment. Loyalty and continuity is what keeps Bud here, but he would have to at least consider a jump like that.
The annuity is apparently 800K, not 1 million as first reported. But it essentially adds $160K per year to his salary.
🌏MAN OF MYSTERY🕵
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12 years 6 months
# | Regarding LSU Interviewing Grimes and VT Assistant Salaries I'm not so sure they have seen this. They pay less than LOUVA does and you look at a place like Louisville and Clemson that have made serious financial commitments to jump into the big leagues of college football and pay for coaches (irony about Petrino aside) and I think VT has had a "let's hold the course" mentality to it. We fought tooth and nail to get to where we are now on restrictive coaching budgets and I think the previous Admin and AD believed VT could keep fighting tooth and nail against the big boys and succeed. The two questions are now about the new President and AD. Do they want to invest in football? Sorry, the third question is about boosters.
I like the new Pres. I think academically it's a great hire. I wish it had been the guy from KState but I like this hire too. The negative for where football is concerned is that he is from Purdue. Not known to be a powerhouse program nor one that understands that you need to spend the money to compete. There coaching staff is paid much less than VT. Will he be influenced by that? Or does he understand college football, especially at VT is something to invest in?
Once the AD hire is made known then we should have a good sense of what the program is going for. My hope is they find someone that has a tremendous track record at building the boosters relationship with the school. As others have pointed out in other programs across the nation that do pay high salaries a lot of that money is from Booster dollars.
The new AD needs to be able to get the current Boosters more interested in supporting the program and increase the Booster population and donations. We all saw our sold out game record go bye bye this season. A large part of that was because Boosters that traditionally would buyout unsold tickets to make it a "sold out" game refused to do so any more. Was it a message to the AD to schedule better opponents? Maybe. Hopefully. But the clear message was that the Boosters have changed and won't blindly throw money at the program.
I would comment on the "Buddy Route" but I think Joe said it already in his article about Grimes and VT assistants.
I believe Foster gets essentially $1,000,000.00 deferred salary/bonus if he stays for a certain number of years. Made him one of the hightest paid assistants at the time.
This is actually not really true I believe. No team in the ACC is actually profitable. Tech is far better than most but still negative.
http://www.teamspeedkills.com/2012/5/15/3021940/chart-revenues-profits-c...
Exactly. Our total budget pales in comparison to the shark tank, but we definitely are in the black and can afford some smart investments in people.
This is very disheartening to me. If we lose Grimes over money it will be inexcusable and will cost the program more than they would have spent to keep him in goodwill from the fanbase and donors.
If he does leave I sure hope it's for more than the cash.
He wants to be gone but wants the buyout money.
True, and VT's in an interesting position to get into contests with other schools over coaches as we have an interim athletic director.
Mrs. McCloskey is more than up to the task, but does she have the ability to counter-offer with salary increases, etc?
Does it put pressure on the new administration to get the new AD in?
Does a decision on coaches now potentially undermine any new AD hires?
Interesting stuff......
interviewing after one year is something I have done before, but when I do it it doesn't make twitter.
Depending on the location of the game and the fact that the horseshoe is generally sold out you might be out of luck as a new Hokie Club member. In the past some games have been restricted to gold club level and above for buying tickets through the school.
I will be getting as many tickets as I can for that game. I am driving up to meet fellow Hokies who actually live in Columbus, Oh. They don't get down here as much as they would like for regular games.
THIS^^^^.
Could not have said it better! IF you want to hold on to your good younger assistants then break out the checkbook!
I believe that kicks in 2014
The following joke is under review.
The refs took a look at it and the joke is overturned because there is no scenario where LT would be throwing money around near a male stripper.
I think I remember that not too long ago, when Beamer was being interviewed by UNC, that all of our assistant coaches got raises to take the VT total pool for coaching to #4 in the Country. It sounds like we have fallen significantly behind if we are now down in the low 30's.
Tech is also one of the few schools where the athletic department generally brings in more revenue than its expenses. Instead of giving back to the general scholarship fund, they might need to open the purse strings a little.
I hear you, but at the same time competition is good, we underrecruited the DMV for far too long. Moorehead has his work cut out for him for sure (Johnson not to mention Lockesly), but if this class is any predictor we are in good hands in the DMV.