Firing Hawkins could cost CU upwards of $3M

[HuskerfaninOkieland]

ESPN Big 12 Blog

Despite a disappointing 0-2 start, Colorado coach Dan Hawkins' job might not be immediate jeopardy because of the lack of money in the school's athletic department.

 

The Boulder Camera reported it would cost nearly $3 million to buyout the remaining three years of Hawkins' contract. And that expense is on top of the cost of hiring a new coach.

 

Hawkins' contract contains a clause limiting the school's liability to $850,000 per contract year if it should terminate him without cause. Hawkins would have more than three years remaining if he was fired at any point this season. His current contract runs through Jan. 31, 2013.

Click on link above to read the rest

 

[Vince from ShamWOW]

Short term pain for a long term gain.

 

[sarge87]

Short term pain for a long term gain.

They don't have the big time donors other programs have. After Barnett cost them $3M to get rid of him four years ago, and due to decline in attendance with the terrible play the last three years, their athletic dept. has been working on a bare bones budget.

They've only had three sellouts since 2004:

1. 54,972 vs. Colorado State, Sept. 3, 2005 (W, 31-28)

2. 54,954 vs. Colorado State, Sept. 4, 2004 (W, 27-24)

3. 54,841 vs. Nebraska, Nov. 25, 2005 (L, 3-30)

Otherwise, the average attendance is just a hair over 50,000 for a stadium that holds 53,750 and season ticket sales are usually 7,000 short of their 30,000 available. Pre 2005, CU's average draw was in the high 48,000 - 49,000.

As of February, CU installed all new lighting for the stadium costing more money to the college.

Simply put, they can't afford to buy him out, unless some benefactor will pony up the money to get rid of him.

 

[HuskerfaninOkieland]

At the rate they're going, CU fans may start taking up a collection much like NU fans were willing to do to get rid of Callahan.

 

[Vince from ShamWOW]

Short term pain for a long term gain.

They don't have the big time donors other programs have. After Barnett cost them $3M to get rid of him four years ago, and due to decline in attendance with the terrible play the last three years, their athletic dept. has been working on a bare bones budget.

They've only had three sellouts since 2004:

1. 54,972 vs. Colorado State, Sept. 3, 2005 (W, 31-28)

2. 54,954 vs. Colorado State, Sept. 4, 2004 (W, 27-24)

3. 54,841 vs. Nebraska, Nov. 25, 2005 (L, 3-30)

Otherwise, the average attendance is just a hair over 50,000 for a stadium that holds 53,750 and season ticket sales are usually 7,000 short of their 30,000 available. Pre 2005, CU's average draw was in the high 48,000 - 49,000.

As of February, CU installed all new lighting for the stadium costing more money to the college.

Simply put, they can't afford to buy him out, unless some benefactor will pony up the money to get rid of him.

But - can they afford to keep him? If the answer is no, then they do whatever it takes to get rid of him now.

 

[sarge87]

Short term pain for a long term gain.

They don't have the big time donors other programs have. After Barnett cost them $3M to get rid of him four years ago, and due to decline in attendance with the terrible play the last three years, their athletic dept. has been working on a bare bones budget.

They've only had three sellouts since 2004:

1. 54,972 vs. Colorado State, Sept. 3, 2005 (W, 31-28)

2. 54,954 vs. Colorado State, Sept. 4, 2004 (W, 27-24)

3. 54,841 vs. Nebraska, Nov. 25, 2005 (L, 3-30)

Otherwise, the average attendance is just a hair over 50,000 for a stadium that holds 53,750 and season ticket sales are usually 7,000 short of their 30,000 available. Pre 2005, CU's average draw was in the high 48,000 - 49,000.

As of February, CU installed all new lighting for the stadium costing more money to the college.

Simply put, they can't afford to buy him out, unless some benefactor will pony up the money to get rid of him.

But - can they afford to keep him? If the answer is no, then they do whatever it takes to get rid of him now.

That IS the question isn't it, if CU football is to survive?

 

[Vince from ShamWOW]

Short term pain for a long term gain.

They don't have the big time donors other programs have. After Barnett cost them $3M to get rid of him four years ago, and due to decline in attendance with the terrible play the last three years, their athletic dept. has been working on a bare bones budget.

They've only had three sellouts since 2004:

1. 54,972 vs. Colorado State, Sept. 3, 2005 (W, 31-28)

2. 54,954 vs. Colorado State, Sept. 4, 2004 (W, 27-24)

3. 54,841 vs. Nebraska, Nov. 25, 2005 (L, 3-30)

Otherwise, the average attendance is just a hair over 50,000 for a stadium that holds 53,750 and season ticket sales are usually 7,000 short of their 30,000 available. Pre 2005, CU's average draw was in the high 48,000 - 49,000.

As of February, CU installed all new lighting for the stadium costing more money to the college.

Simply put, they can't afford to buy him out, unless some benefactor will pony up the money to get rid of him.

But - can they afford to keep him? If the answer is no, then they do whatever it takes to get rid of him now.

That IS the question isn't it, if CU football is to survive?

What is the question?

 

[HuskerfaninOkieland]

Short term pain for a long term gain.

They don't have the big time donors other programs have. After Barnett cost them $3M to get rid of him four years ago, and due to decline in attendance with the terrible play the last three years, their athletic dept. has been working on a bare bones budget.

They've only had three sellouts since 2004:

1. 54,972 vs. Colorado State, Sept. 3, 2005 (W, 31-28)

2. 54,954 vs. Colorado State, Sept. 4, 2004 (W, 27-24)

3. 54,841 vs. Nebraska, Nov. 25, 2005 (L, 3-30)

Otherwise, the average attendance is just a hair over 50,000 for a stadium that holds 53,750 and season ticket sales are usually 7,000 short of their 30,000 available. Pre 2005, CU's average draw was in the high 48,000 - 49,000.

As of February, CU installed all new lighting for the stadium costing more money to the college.

Simply put, they can't afford to buy him out, unless some benefactor will pony up the money to get rid of him.

But - can they afford to keep him? If the answer is no, then they do whatever it takes to get rid of him now.

That IS the question isn't it, if CU football is to survive?

What is the question?

Can CU afford to keep Hawkins around? Fans are gonna lose interest. That's revenue out of the university's pocket. With him still coaching, some of the bigtime boosters may not be so eager to throw their money towards the school UNLESS it's to get Hawkins out of town. This whole story and how it's playing out is eerily similar to our situation a couple of years ago when Osborne fired Callahan. Didn't BC just get a 5 year extension that same year or the year prior?

 

[Vince from ShamWOW]

Short term pain for a long term gain.

They don't have the big time donors other programs have. After Barnett cost them $3M to get rid of him four years ago, and due to decline in attendance with the terrible play the last three years, their athletic dept. has been working on a bare bones budget.

They've only had three sellouts since 2004:

1. 54,972 vs. Colorado State, Sept. 3, 2005 (W, 31-28)

2. 54,954 vs. Colorado State, Sept. 4, 2004 (W, 27-24)

3. 54,841 vs. Nebraska, Nov. 25, 2005 (L, 3-30)

Otherwise, the average attendance is just a hair over 50,000 for a stadium that holds 53,750 and season ticket sales are usually 7,000 short of their 30,000 available. Pre 2005, CU's average draw was in the high 48,000 - 49,000.

As of February, CU installed all new lighting for the stadium costing more money to the college.

Simply put, they can't afford to buy him out, unless some benefactor will pony up the money to get rid of him.

But - can they afford to keep him? If the answer is no, then they do whatever it takes to get rid of him now.

That IS the question isn't it, if CU football is to survive?

What is the question?

Can CU afford to keep Hawkins around? Fans are gonna lose interest. That's revenue out of the university's pocket. With him still coaching, some of the bigtime boosters may not be so eager to throw their money towards the school UNLESS it's to get Hawkins out of town. This whole story and how it's playing out is eerily similar to our situation a couple of years ago when Osborne fired Callahan. Didn't BC just get a 5 year extension that same year or the year prior?

I agree that is the question. If they can't afford to keep him around, then they do whatever it takes to get rid of him.

 

[sarge87]

Short term pain for a long term gain.

They don't have the big time donors other programs have. After Barnett cost them $3M to get rid of him four years ago, and due to decline in attendance with the terrible play the last three years, their athletic dept. has been working on a bare bones budget.

They've only had three sellouts since 2004:

1. 54,972 vs. Colorado State, Sept. 3, 2005 (W, 31-28)

2. 54,954 vs. Colorado State, Sept. 4, 2004 (W, 27-24)

3. 54,841 vs. Nebraska, Nov. 25, 2005 (L, 3-30)

Otherwise, the average attendance is just a hair over 50,000 for a stadium that holds 53,750 and season ticket sales are usually 7,000 short of their 30,000 available. Pre 2005, CU's average draw was in the high 48,000 - 49,000.

As of February, CU installed all new lighting for the stadium costing more money to the college.

Simply put, they can't afford to buy him out, unless some benefactor will pony up the money to get rid of him.

But - can they afford to keep him? If the answer is no, then they do whatever it takes to get rid of him now.

That IS the question isn't it, if CU football is to survive?

What is the question?

Can CU afford to keep Hawkins around? Fans are gonna lose interest. That's revenue out of the university's pocket. With him still coaching, some of the bigtime boosters may not be so eager to throw their money towards the school UNLESS it's to get Hawkins out of town. This whole story and how it's playing out is eerily similar to our situation a couple of years ago when Osborne fired Callahan. Didn't BC just get a 5 year extension that same year or the year prior?

Yes, Pederson and Callahan looted the college treasury just a few months before their firings.

 

[LouisianaHuskerFan]

Short term pain for a long term gain.

They don't have the big time donors other programs have. After Barnett cost them $3M to get rid of him four years ago, and due to decline in attendance with the terrible play the last three years, their athletic dept. has been working on a bare bones budget.

They've only had three sellouts since 2004:

1. 54,972 vs. Colorado State, Sept. 3, 2005 (W, 31-28)

2. 54,954 vs. Colorado State, Sept. 4, 2004 (W, 27-24)

3. 54,841 vs. Nebraska, Nov. 25, 2005 (L, 3-30)

Otherwise, the average attendance is just a hair over 50,000 for a stadium that holds 53,750 and season ticket sales are usually 7,000 short of their 30,000 available. Pre 2005, CU's average draw was in the high 48,000 - 49,000.

As of February, CU installed all new lighting for the stadium costing more money to the college.

Simply put, they can't afford to buy him out, unless some benefactor will pony up the money to get rid of him.

But - can they afford to keep him? If the answer is no, then they do whatever it takes to get rid of him now.

That IS the question isn't it, if CU football is to survive?

What is the question?

Can CU afford to keep Hawkins around? Fans are gonna lose interest. That's revenue out of the university's pocket. With him still coaching, some of the bigtime boosters may not be so eager to throw their money towards the school UNLESS it's to get Hawkins out of town. This whole story and how it's playing out is eerily similar to our situation a couple of years ago when Osborne fired Callahan. Didn't BC just get a 5 year extension that same year or the year prior?

Good point sir.

 

[Captain K]

Maybe CU fan could fry his retinas from the stands with a laser. Then, I believe, it would be insurance money that would pay him off.

 

[Fuzzy]

Maybe if Kordell Stewart comes back to the NFL and make some money he can pay Hawkins off? >.<