In the Nick Saban era at Alabama the other SEC schools agreed to pay $167 million in buyouts for head coaches. Saturday Down South.
Doing the math:
Saban: 14 seasons coached
11 SEC Schools: 154 seasons coached
Mizzou/A&M: 9 seasons coached
Thats 163 total seasons coached against Saban, so that means that each SEC teams has on average agreed to pay over a million a year for coaches to not coach.
I say agreed to pay because if a coach gets another job then the payouts are lowered based on the pay of that job. So what the schools have paid should be less. However, no Vandy payouts are in the $167 mill number because they are private (which is just Derek Mason's buyout).
Currently 9 of the SEC coaches have $10 mil plus payouts on their contract.
What is impressive is that there were 28 coaches fired, another 9 that retired, resigned, or left for new job, so that is 37 coaches for 163 seasons or 4.4 seasons per coach. The all time average for coaching tenure is 4.88. So these coaches aren't being fired willy-nilly comparatively, just slightly higher than average (also not including Saban hurts the average). So the SEC is spending dead money at an alarming rate.
One Million dollars a year would allow VT to get million dollar coordinators. The SEC is just pissing it away.
So the really fun interesting part (using adjusted for inflation numbers) ...
Auburn appears to get more money donate the year they fired Tommy Tuberville. They did not see increase contributions for winning the National Title. They did however get more money under Gus Malzahn after his SEC coach of the year award in 2013.
We can look at UF the same way. McElwain won SEC coach of the year and brought in 9 mil more in donations. Muschamp saw a bump with his SEC CoY award. Though Muschamp saw more donations the next year before UF reverted to mean. In addition, UF made a huge jump in the average donations from 2007 to 2008. Since 2008 they have held steady except for a couple of jumps.
Now Ole Miss, their contributions have increased since 2005. They had a big jump in Huge Freeze's 2nd year, but they kept rising for the first two years of Matt Luke's tenure and he didn't do well.
Arkansas saw a bump in contributions with the hiring of Petrino but it has been stead since. John L. Smith and Bret Bielema didn't derail the giving.
Contributions didn't look tied to national titles or winning. Lots of SEC schools seemed to get bumps in the late aughts. If some one has a way to data mine the knight commission data (or that the download data button will give me all i want) let me know. I would love to match this up with all the coaches to see if I can find any linkage tied to coaching hires and fires. Cause right now it just looks like these schools are pissing away money chasing more losing as Ed Orgeron is now the only SEC coach to beat Saban.