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I guess Leach will get Myers' parking spot now...
Glad they finally reached an agreement and the Texas Tech football program will benefit and continue to be successful under the leadership of head coach Mike Leach.
Back in late November 2000, UNC nearly hired Frank Beamer away from Virginia Tech after a subtle power struggle between him and recently-hired AD Jim Weaver went bad. As the story goes, after the UNC deal broke, *previous* VT president Paul Torgersen (who had retired that January and remained very well-respected in Blacksburg) was called by high-dollar *academic* donors to negotiate directly with Beamer, on the grounds that this power struggle was embarrassing the university. Once the two of them had reached a deal, the new president (a former Torgersen underling) was called in to formalize things. Weaver was the last guy let in on the deal, and his position in the hierarchy was pretty well-established from then on.
Of course the time would be a fall during my college years. So maybe I did hear about it, but was too drunk to retain it. Who knows. Either way, cool story.
All that happened here was egos, plain and simple. Mix in sports agents and it became a class A clusterfook. Glad they got him resigned.
Both sides compromised on the four sticking points, as detailed by the Lubbock Avalanche - Journal.
- Instead of guaranteeing $1.5 million if Leach was fired, Tech upped the payout to $2 million.
- Tech dropped the buyout if Leach leaves from $500,000 to zero.
- Leach may interview anywhere he wishes without penalty, but he must notify Tech in advance of any meetings with other schools.
- Tech will gain the right to market Leach for uniform, apparel, television, and radio contracts, but Leach will be able to pursue books, writings, and other items presented to him by his agents.
Good to see Tech come to their senses, especially in light of Leach backing down on his $15 million salary request.
I want you to imagine this for a moment. You're the AD for your alma mater. You earn, oh, say, $250,000/yr. You're the one who hired the HC, whose basketball team won a NC, and the one who hired the HC, whose football team won a NC, among other proven to be good hires. The BB HC makes a cool $1.0 M/yr; the FB HC makes about $2.0 M/yr.
Now, these guys work for you. Yet, between them, they make as much money in one year as you'll make in 12. Not to mention, you're responsible for their respective team's budgets, as well as those budgets for all the rest of the teams over which your department presides. So, I can understand why a given school's AD might be a little reluctant to give the FB HC even a $250 K/yr raise, let alone double that.
In my opinion, the money poured into these schools should be going towards the educations of the attending students, not into the coffers of already inflated coaches' salaries. Coaches like Pete Carol, Mike Leach, Urban Meyer, Bobby Petrino, Rich Rodriguez, and Nick Saban (among others) should each get down on their knees every night and show thanks to whichever deity they worship for all which has been given them.
OK, I'm off the soap box. Glad they could reach an agreement. I did enjoy Tech's success, and I hope it continues.