When did we turn into the little sisters of the poor?

[seniorsooner]

Aren't we the second biggest dog in this conference from a financial standpoint? Aren't we one of only two universities in this conference that will have their own television network? When did OU turn into a junior college?

It's time to show everyone that OU means business when it comes to athletics. ALL athletics. If they're paying Travis freaking Ford $1.8 mil in Stillwater, we can pony up $2 mil plus to get a guy that can come in and take charge. There are no excuses. Either we're serious about basketball or let's just drop the program and make the LNC the football team's personal rec center.

No offense to Terry Evans, but it is absolutely pathetic that we're sitting around saying "well we might as well just hire Terry" because we "can't afford" to pay to get anyone else. Poppycock.

 

[Iknowzilch]

Aren't we the second biggest dog in this conference from a financial standpoint? Aren't we one of only two universities in this conference that will have their own television network? When did OU turn into a junior college?

It's time to show everyone that OU means business when it comes to athletics. ALL athletics. If they're paying Travis freaking Ford $1.8 mil in Stillwater, we can pony up $2 mil plus to get a guy that can come in and take charge. There are no excuses. Either we're serious about basketball or let's just drop the program and make the LNC the football team's personal rec center.

No offense to Terry Evans, but it is absolutely pathetic that we're sitting around saying "well we might as well just hire Terry" because we "can't afford" to pay to get anyone else. Poppycock.

I said that when we hired Capel for 600k and the 11th highest paid Big 12 coach.

 

[htownSOONER]

Amen to both of you.

 

[Soonerspiff]

According to the numbers that have been floating around, the basketball program is bleeding money and has been for some time. I get what you guys are saying as far as other sports programs that don't bring in a dime to the athletic department, how they get most of their funding from football money, but I'm not sure it can also apply to basketball.

Pumping $5++ million into an already failing business model makes no sense, whatsoever. I'd love for us to make a home-run hire and get somebody that's a proven big time coach, but I just can't see it happening.

 

[campbest]

According to the numbers that have been floating around, the basketball program is bleeding money and has been for some time. I get what you guys are saying as far as other sports programs that don't bring in a dime to the athletic department, how they get most of their funding from football money, but I'm not sure it can also apply to basketball.

Pumping $5++ million into an already failing business model makes no sense, whatsoever. I'd love for us to make a home-run hire and get somebody that's a proven big time coach, but I just can't see it happening.

This. Throwing $2mm+ after two buyouts is not a good strategy.

 

[Iknowzilch]

This. Throwing $2mm+ after two buyouts is not a good strategy.

No doubt but Arkansas is getting ready to pay a buyout and hire Mike Anderson for a lot of money and a buyout. To tell you the truth I think they need to get a feasibility study on renovating Lloyd Noble to make suites and more intimate seating. I know that seems impossible but surely some architect could come up with something.

 

[152219]

That was my question in a different thread.

 

[jerry]

I said that when we hired Capel for 600k and the 11th highest paid Big 12 coach.

Well with Capel we got what we paid for. That is until they extended.

 

[sooner8]

This by far was one of the best threads started by anyone in a long time!!Thanks seniorsooner for speaking the truth & not expecting Joe C.to take us down the road to mediocrity!!!Go Sooners!!!!!:clap

 

[AdaSooner]

Well said, seniorsooner! :clap

To draw from an old but generally accurate phrase, "you have to spend money to make money." Keep hiring coaches on the cheap and schools that refuse to adopt that philosophy will pass you by. Programs that have been historically at the bottom of the heap in the Big 12 have left OU in their wake in the past two years. If we continue to accept mediocrity as the norm, we'll be the Baylor and ATM of a few years ago. And in many ways, we're already there. Time to suck it up and do what it takes to put this program back on its feet again!

 

[Big Old Booger]

Well with Capel we got what we paid for. That is until they extended.

Exactly.

My question is, when we had Kelvin in the 90's our basketball program made money. What has changed? All the seats are sold and most of the games prior to this year were on television some even national television. I don't understand how we have lost money?

 

[trueou]

According to the numbers that have been floating around, the basketball program is bleeding money and has been for some time. I get what you guys are saying as far as other sports programs that don't bring in a dime to the athletic department, how they get most of their funding from football money, but I'm not sure it can also apply to basketball.

Pumping $5++ million into an already failing business model makes no sense, whatsoever. I'd love for us to make a home-run hire and get somebody that's a proven big time coach, but I just can't see it happening.

Some people seem to believe the OU is content to let men's basketball be a consistent money losing enterprise which is a shame to the University. It doesn't matter how cheap the coach is. Unless we win the program will continue to lose money at a higher rate. I don't think Boren and Castiglione are content to let it suck. If they were, why make a change at all?

Plus, everyone is looking at the $2 million paid to Jeff as a cost of rebuilding. No business man looks at it that way. The day Jeff was let go the $2 million became a sunk cost. The money is gone. It is history. You cannot let it impact your decisions about the future. You cannot let that distract you. You can't try to make that money back in your first decision. If the next coach can get us back to breakeven in a couple of years after paying him $2.5 million a year, we are better off than we are now.

 

[boksooner]

Isn't tv share in basketball based on number of national appearances? If so, that could be a big chunk. Plus you get money for playing in the Tourney. Those are two source, where we used to make more money.

 

[seniorsooner]

My question is if we are in such a bad financial situation and can't afford to hire anyone worth anything why did we even fire Capel? Why would we agree to pay a $2 mil buyout with the full knowledge that we would then have to spend even more money to hire a new coach? That is why I don't buy all this "we can't afford anything" mularkey. Obviously we have SOME money to spend on basketball or we would've just kept Capel.

 

[boksooner]

My question is if we are in such a bad financial situation and can't afford to hire anyone worth anything why did we even fire Capel? Why would we agree to pay a $2 mil buyout with the full knowledge that we would then have to spend even more money to hire a new coach? That is why I don't buy all this "we can't afford anything" mularkey. Obviously we have SOME money to spend on basketball or we would've just kept Capel.

That is my thought exactly. You don't open the purse strings to fire a guy and then close them back up to hire his replacement.

 

[Big Old Booger]

My question is if we are in such a bad financial situation and can't afford to hire anyone worth anything why did we even fire Capel? Why would we agree to pay a $2 mil buyout with the full knowledge that we would then have to spend even more money to hire a new coach? That is why I don't buy all this "we can't afford anything" mularkey. Obviously we have SOME money to spend on basketball or we would've just kept Capel.

Unless the NCAA was about to put the hammerlock on us and the only way to avoid it is to fire Capel.

I'm guessing he won't get the buyout until the NCAA has completed the investigation so in this scenario, he wouldn't get a dime.

 

[Max Power]

Isn't tv share in basketball based on number of national appearances? If so, that could be a big chunk. Plus you get money for playing in the Tourney. Those are two source, where we used to make more money.

This. We had zero big monday games this year on top of no post season at all the last two years. That is millions in lost revenue

 

[NorthCarolinaSooner]

According to the numbers that have been floating around, the basketball program is bleeding money and has been for some time. I get what you guys are saying as far as other sports programs that don't bring in a dime to the athletic department, how they get most of their funding from football money, but I'm not sure it can also apply to basketball.

Pumping $5++ million into an already failing business model makes no sense, whatsoever. I'd love for us to make a home-run hire and get somebody that's a proven big time coach, but I just can't see it happening.

It is bleeding money because there are no fans in the seats. You get someone in here to bleed some new life into the program and get people excited the LNC will sell out and that will no longer be a valid argument.

Just my opinion

 

[Soonerspiff]

It is bleeding money because there are no fans in the seats. You get someone in here to bleed some new life into the program and get people excited the LNC will sell out and that will no longer be a valid argument.

Just my opinion

I agree, except that the Elite 8 year we still lost money on basketball...


And if we are becoming the Baylor and Texas A&M of year's past, that just goes to show you don't have to spend 2.5 million on a guy to get back up to elite status.

 

[Dr Sleep]

Out of work coaches are prolly cheaper, let's get Bruce Pearl!