Football/Basketball Severance paid last 15 years

Submitted by canzior on March 30th, 2020 at 2:47 PM

AthleticDirectorU compiled a list of all 52 public P5 schools over the last 15 years and found that they have paid a combined $491,77,668 in SEVERANCE alone. Nebraska led the way with $27.9M. No other B1G school in the top ten. 4 SEC schools (Auburn, TN, TAMU, Florida) Texas, Louisville, Kansas, UCLA, and Arizona St round out the top 10. 

The math comes out to approx $760k for every public P5, every year, for the last 15 years. 

I've never been big on the pay the players bandwagon, but if you're going to piss money away, you may as well pay them. 

Only 2 schools have paid $0 in CFB severance the last 15 years.  Any guesses on who?

 

https://www.athleticdirectoru.com/articles/analysis-cfb-cbb-severance-payouts/

UMGoRoss

March 30th, 2020 at 2:50 PM ^

Duke seems like it would be one. Iowa maybe?

 

edit: missed that it said public schools. 2nd answer was wrong anyway, so total failure on my part

L'Carpetron Do…

March 30th, 2020 at 3:28 PM ^

I initially thought Duke as well but then recalled the lacrosse scandal - Pressler left after that but I can't remember if he got fired or not. If he got fired I wonder if they paid him on the way out. I'm guessing not - it was a pretty ugly scandal all around. [EDIT: didn't realize it was strictly football and basketball - thought it was across all athletic programs within the departments]

I/m also guessing ND is not included in this list because their salary info is never disclosed. 

Also - I was thinking about doing a separate post on this - these were some interesting stories that ran in the Des Moines Register this weekend (it's part of the USA Today network so I'm not sure if it ran elsewhere). 

https://www.desmoinesregister.com/story/sports/college/iowa-state/randy-peterson/2020/03/28/coronavirus-pandemic-should-mean-changes-for-coaches-salaries-too/2914449001/

https://www.usatoday.com/story/sports/ncaaf/2020/03/26/coronavirus-ncaa-athletic-departments-face-hard-economic-times-ahead/5078058002/

B-Nut-GoBlue

March 30th, 2020 at 4:35 PM ^

Oh nice trivia at the end.  My guesses (if I get any of these right I'll be shocked but impressed, again pure guesses): 

Oregon St. and Kansas St.

 

(Well shit was just for football...if I'd have known that one would've been obvious (but regarding basketball I know they had to fire Todd Lickliter)

 

Sione For Prez

March 30th, 2020 at 4:49 PM ^

Total guess and wthout looking below, I'll say Michigan State and Northwestern.

EDIT: Missed that it was only public schools so northwestern guess was no good. OP, I'm seeing 6 schools that are showing $0 in CFB severance payments. Am I missing something?

M Go Cue

March 30th, 2020 at 5:19 PM ^

Money well spent for some schools.  If you’re Florida, whatever severance they paid Zook was worth it to land Meyer.  Probably the same for whatever they paid Muschamp & McElwain to land Mullen.

4th phase

March 30th, 2020 at 11:12 PM ^

The linked data spreadsheet shows Michigan only paying $650k but the movie in the article shows Michigan paying $3M to rich rod in 2011. I wanted to know who all these buyouts went to for Michigan. If anyone has that data.