This news might be of interest to Alabama fans who have been following this saga. Bear with me. It's a bit lengthy, but there are potential major ramifications including some coaching moves. Some new developments in the past 48 hours show that Texas may be very much hampered in their ability to get the Texas Board of Regents to approve a high dollar coach (Saban, Harbaugh, etc) AND a high dollar buyout of the old coach (Mack Brown) because of ongoing legal negotiations revolving around Mack's contract and buyout negotiations. I have heard rumblings, but I am only stating a speculative viewpoint. Keep that in mind please.
I made a post about two weeks ago about a possible breach of contract by Texas officials, and Mack's lawyer using that as leverage in buyout negotiations. See here:
http://www.rolltidebama.com/forum/showthread.php?270458-Mack-Brown-digging-his-heels-in-at-Texas
There has been a recent development that is affecting Texas' ability to get a big name coach and it is highly related to the potential contractual violation, aka "breach", I wrote about on the first two pages of the thread linked above. I thought you guys might find this interesting because it may effectively put Saban off the table for Texas, and also other high dollar coaches as well.
Primer here, Austin American Statesman article:
http://www.statesman.com/news/sport...r-buyout-package-from-texas/ncWRy/#cmComments
Texas Board of Regents' has final approval in the salary amount of any staff at the University of Texas. While technically, the Athletic Director can make the hire of any coach, it is the Texas Board of Regents that approves the dollar amount. They collectively hold the keys to the bank vault.
Here is the issue, and what is at stake. A new head coach will likely have an approval even maybe a range pre-approval, of the amount that the University is willing to pay. It's like buying a house. How much are you pre-approved and what can you pay? Certainly, the new Texas AD Steve Patterson, has an idea of what the University is willing to pay for certain houses (i.e. Coaches). However, what happens when the amount that you can spend on a house is severely limited because the old house is not fully sold? In this case, what happens when the old coach's buyout is significantly higher than earlier anticipated? Well, it would severely affect what house, or in this case - new head coach, you could effectively afford to buy. Sounds crazy coming from a school that has truckloads of cash, but this is a very real scenario.
... Here comes the bad news for Texas fans, and the good news for Alabama fans. The good thing for Texas is that Mack's buyout is a relatively paltry $500k a year for the next 7 years. That's only about $3.5 million. However, local news reports in Austin state that Mack and his attorney, Joe Jamail, want a bigger buyout that what Texas owes in the contract? There is ONlY one way for Mack to get more money that what he is contractually entitled too. And that is IF Texas violated, or "breached", Mack's contract in some way. If Texas did breach the contract, Mack would be legally entitled to the entire amount of the contract. That is, $5.5 million and perks x 7 years. This means that if there is a contract breach from Texas, Mack would be owed in excess of $40 million dollars!
So, did Texas breach Mack's contract. Oh gee. I don't know. Why don't we ask those morons serving on the Texas Board of Regents who decided it would be ok to make direct contact with Saban's agent? Dear god. How stupid does somebody have to be. Has Tom Hicks ever hears of what it means for "feelers" to go out to coaches to gauge interest. It's called, get someone else to make the call, not use your own phone and email address to do the biz. Local media in Austin has reported in the past 48hrs that Mack wants a much bigger buyout. The buyout could effect greatly the amount Regents would approve for the next hire. It would behoove Alabama and San Francisco 49ers fans to hope for the biggest buoy out attainable for Mack as this would limit the discretionary amount that Texas is willing to spend on the next coach.
I made a post about two weeks ago about a possible breach of contract by Texas officials, and Mack's lawyer using that as leverage in buyout negotiations. See here:
http://www.rolltidebama.com/forum/showthread.php?270458-Mack-Brown-digging-his-heels-in-at-Texas
There has been a recent development that is affecting Texas' ability to get a big name coach and it is highly related to the potential contractual violation, aka "breach", I wrote about on the first two pages of the thread linked above. I thought you guys might find this interesting because it may effectively put Saban off the table for Texas, and also other high dollar coaches as well.
Primer here, Austin American Statesman article:
http://www.statesman.com/news/sport...r-buyout-package-from-texas/ncWRy/#cmComments
Texas Board of Regents' has final approval in the salary amount of any staff at the University of Texas. While technically, the Athletic Director can make the hire of any coach, it is the Texas Board of Regents that approves the dollar amount. They collectively hold the keys to the bank vault.
Here is the issue, and what is at stake. A new head coach will likely have an approval even maybe a range pre-approval, of the amount that the University is willing to pay. It's like buying a house. How much are you pre-approved and what can you pay? Certainly, the new Texas AD Steve Patterson, has an idea of what the University is willing to pay for certain houses (i.e. Coaches). However, what happens when the amount that you can spend on a house is severely limited because the old house is not fully sold? In this case, what happens when the old coach's buyout is significantly higher than earlier anticipated? Well, it would severely affect what house, or in this case - new head coach, you could effectively afford to buy. Sounds crazy coming from a school that has truckloads of cash, but this is a very real scenario.
... Here comes the bad news for Texas fans, and the good news for Alabama fans. The good thing for Texas is that Mack's buyout is a relatively paltry $500k a year for the next 7 years. That's only about $3.5 million. However, local news reports in Austin state that Mack and his attorney, Joe Jamail, want a bigger buyout that what Texas owes in the contract? There is ONlY one way for Mack to get more money that what he is contractually entitled too. And that is IF Texas violated, or "breached", Mack's contract in some way. If Texas did breach the contract, Mack would be legally entitled to the entire amount of the contract. That is, $5.5 million and perks x 7 years. This means that if there is a contract breach from Texas, Mack would be owed in excess of $40 million dollars!
So, did Texas breach Mack's contract. Oh gee. I don't know. Why don't we ask those morons serving on the Texas Board of Regents who decided it would be ok to make direct contact with Saban's agent? Dear god. How stupid does somebody have to be. Has Tom Hicks ever hears of what it means for "feelers" to go out to coaches to gauge interest. It's called, get someone else to make the call, not use your own phone and email address to do the biz. Local media in Austin has reported in the past 48hrs that Mack wants a much bigger buyout. The buyout could effect greatly the amount Regents would approve for the next hire. It would behoove Alabama and San Francisco 49ers fans to hope for the biggest buoy out attainable for Mack as this would limit the discretionary amount that Texas is willing to spend on the next coach.

