BreakTheGopherCurse
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Help me answer the following question:
Let's assume that after Mason was fired, the UofM was willing to make, and indeed did make, its next coach the highest paid coach in the country. Because of that compensation, the U landed what everyone agreed was one of the very best coaches in football. This coach took the Gophers from 3 wins, to 5 wins, to 7 wins, to 9 wins over the last four years. We began to "land" a few of the most highly sought after players in the country, and the coach brought with him a couple of outstanding players who had committed to him previously. Gopher Nation was gaga crazy. Since the announcement of his hiring, every game has been sold out (months and months in advance). In fact, the U slowly but surely raised ticket prices because demand was so strong. Gopher gear was selling like never before. For each of the last four years, concessions sales were a good 25% higher than the year before he was hired. Advertising sales had increased somewhat as had donations from former athletes, alumni and the season ticket holders.
Would someone please do the math, factoring in everything that is reasonable (for example buy-out money, search firm money, opportunity cost of all the U administrative time spent looking for a new coach four years later, etc.) but being very conservative in your numbers, and tell me if the U would be ahead or behind financially compared with where things stand today. Although we all would agree that there would be other intangible benefits as well, let's leave those out of the discussion for now. I also realize that the U would have a huge problem justifying to its constituency the spending of millions and millions on a football coach. But let's ignore that for the moment too. For now, I'm simply interested in the financial analysis, but I'm not smart enough to figure this out. Any takers? Thanks and Go Gophers.
Let's assume that after Mason was fired, the UofM was willing to make, and indeed did make, its next coach the highest paid coach in the country. Because of that compensation, the U landed what everyone agreed was one of the very best coaches in football. This coach took the Gophers from 3 wins, to 5 wins, to 7 wins, to 9 wins over the last four years. We began to "land" a few of the most highly sought after players in the country, and the coach brought with him a couple of outstanding players who had committed to him previously. Gopher Nation was gaga crazy. Since the announcement of his hiring, every game has been sold out (months and months in advance). In fact, the U slowly but surely raised ticket prices because demand was so strong. Gopher gear was selling like never before. For each of the last four years, concessions sales were a good 25% higher than the year before he was hired. Advertising sales had increased somewhat as had donations from former athletes, alumni and the season ticket holders.
Would someone please do the math, factoring in everything that is reasonable (for example buy-out money, search firm money, opportunity cost of all the U administrative time spent looking for a new coach four years later, etc.) but being very conservative in your numbers, and tell me if the U would be ahead or behind financially compared with where things stand today. Although we all would agree that there would be other intangible benefits as well, let's leave those out of the discussion for now. I also realize that the U would have a huge problem justifying to its constituency the spending of millions and millions on a football coach. But let's ignore that for the moment too. For now, I'm simply interested in the financial analysis, but I'm not smart enough to figure this out. Any takers? Thanks and Go Gophers.