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Hall of Famer [22168]
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All-In [30764]
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lol. i don't think this part is true
Apr 25, 2022, 2:41 PM
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and exorbitant salaries have NCAA football coaches leaving the industry.
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Hall of Famer [22168]
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Re: lol. i don't think this part is true
Apr 25, 2022, 3:01 PM
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Exhorbitant salaries have made it possible for coaches like Luke to "retire" comfortably at the age of 45. He still has several million dollars in severance pay from Ole Miss coming his way. He has made more than enough money to live comfortably the rest of his life.
He could go coach HS, or be a TV or radio commentator, or a motivational speaker, or anything else. He doesn't have to worry about how to pay the bills.
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All-In [30764]
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i get it now.. then yes..i agree***
Apr 25, 2022, 3:03 PM
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CU Medallion [51879]
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Re: lol. i don't think this part is true
Apr 25, 2022, 3:04 PM
[ in reply to lol. i don't think this part is true ] |
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Excerpt: "Tommy Bowden, the former Clemson coach whose dismissal in 2008 began his retirement at the age of 54, says he expects to see more coaches retire in their 50s because of the amount of money they’ve been able to bank—either from salaries or buyouts. The ’21–22 coaching firing cycle produced what is believed to be the biggest buyout price tag in history. Seventeen dismissed FBS head coaches combined to earn about $94 million in buyout cash. That doesn’t include millions more in coordinator and position assistant salaries."
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1st Rounder [611]
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Re: lol. i don't think this part is true
Apr 25, 2022, 3:43 PM
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I wonder what the ratio of schools buying out coaches to get rid of them compared to coaches buying out contracts to move on. You're seeing more and more of the latter with Lincoln Riley/USC paying OU $5M to get out of his contract.
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All-TigerNet [10399]
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They are getting sick and tired of what's happening to the
Apr 25, 2022, 3:25 PM
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game just like many fans are.
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1st Rounder [611]
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Re: Matt Luke will be the first of many.
Apr 25, 2022, 3:46 PM
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Matt Luke can walk away and watch his kids graduate HS. He has enough funds to retire and if he ever wants to get back in having a National Championship ring as an O-line coach should at least get him an interview for the next 10-15 years.
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Oculus Spirit [76696]
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Great find.
Apr 25, 2022, 4:02 PM
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Thanks for sharing.
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110%er [5668]
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Re: Matt Luke will be the first of many.
Apr 25, 2022, 4:10 PM
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Agree, there will be more and who can blame them with the type money they make and hopefully bank. That is one thing about Dabo is he wants his coaches to take time to be with their families, so hopefully that pays dividends for us. I do think they should add another dead period of say 2 weeks in May or even last 2 weeks of August. August coaches need to be focused on their team as do the high school players. Good article, thanks Bretsfu!
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Orange Blooded [3427]
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I can see Dabo retiring once Clay, his youngest son, graduates from Clemson
Apr 25, 2022, 6:02 PM
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He'll still be young (4-5 years from now), a multi-millionaire and a coaching legend with multiple championships. He'd be a no doubt HOF'er. There's not much left to accomplish.
Dabo got into the business to make a difference in young people's lives and coach football. He did not get into it to get into a bidding war for 16-17 year olds. And he sure didn't get into it in order to please the media, which has been against him since day 1.
I think he grows tired of it all and realizes it's a good opportunity to step away. He may have a few grandkids by that time too. He changed his family's path forever and that's good deal for many men.
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CU Guru [1938]
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Re: I can see Dabo retiring once Clay, his youngest son, graduates from Clemson
Apr 26, 2022, 2:07 PM
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The bidding war isn’t new. SEC schools have always been buying players. It’s not really that different than it already was, it’s just legal now.
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Legend [17520]
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College Football pays so well at HC
Apr 25, 2022, 9:36 PM
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that 2-3 years and a buyout is a career for most. Only rock stars, pro athletes, CEO's and crypto whales get returns like that ...
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Orange Blooded [3511]
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Re: College Football pays so well at HC
Apr 26, 2022, 9:06 AM
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Job making lots & lots of ""Money"" is good,but retirement with lots & lots of ""MONEY"" is way better !!!!!!!!!!!!
I just hope Dabo never figures this one out****************
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Legend [17520]
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Re: College Football pays so well at HC
Apr 27, 2022, 12:06 AM
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big monk you make great point. After reading article on HC responsibilities and lack of time, I thought about how much strain Dabo must have day-to-day and week-to-week. He loves it, but it has to slowly burn most coaches out. Another five to ten years at Clemson will be a chore with NIL and changing landscape.
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110%er [5379]
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Dude looks like he is in his sixties
Apr 26, 2022, 9:13 AM
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and eligible for Social Security - FB seems to have taken a toll on him. Good to get out now for the family.
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