ADVERTISEMENT

Special BOT meeting tomorrow afternoon

I'll just say this... Heird is reportedly an a$$clown that people who work around him know all too well. Hopefully, he's just interim and won't do too much damage until a permanent is hired.

My theory at 3:30 PM on 12-6-2021 to try to reconcile everything we (think we) know...

Tyra wanted to fire Satterfield and pay whatever was necessary to bring Brohm here. Neeli told Tyra that he can make that decision as long as it doesn't dig an even deeper financial hole in athletics. Knowing better than anyone that was impossible, he's jumping ship.

We don't talk financials in this debacle, and that's a significant oversight. There's plenty of evidence that the ULAA is close to being illiquid. For sure it's illiquid without borrowed funds. We were down to one week's operating cash on hand before borrowing $20 million in April, and we're operating on those dwindling funds now. Neeli may not know athletics, but she probably understands money and recognizes a financial problem.

And Tyra does too, he's just in denial. As AD, he's been largely responsible for our current situation, and bolting to FSU gets him out of the financial mess he had a big part in creating.

Of course, I'll change my mind on all of this when we hear news to the contrary...
Hold it a sec, zipp. Heird might be the closest thing to Jurich we might get. He was Jurich's associate AD from 07-16.
 
I think this is a legit concern. With that said I didn’t have a problem with how the Mack’s suspension was handled. Mack knew he had to run a clean program. He failed to do that and it got exposed. I would be pissed if I was the President. Mack is paid handsomely shouldn’t make these kinds of mistakes.

Guessing here Vince knows his replacement and everyone is on the same page with keeping Satterfield. There are zero reports Brohm was ever contacted. I don’t think Vince was planning on firing Satterfield. The UK game made it tougher. The new AD will be an internal hire. It could be a very smooth transition from Vince to the new AD.

The problem is the optics are terrible. Back the original point Vince and the President don’t have the same vision for athletics. That seems pretty clear. That doesn’t mean she interfered with the Satterfield situation.
 
I'll just say this... Heird is reportedly an a$$clown that people who work around him know all too well. Hopefully, he's just interim and won't do too much damage until a permanent is hired.

My theory at 3:30 PM on 12-6-2021 to try to reconcile everything we (think we) know...

Tyra wanted to fire Satterfield and pay whatever was necessary to bring Brohm here. Neeli told Tyra that he can make that decision as long as it doesn't dig an even deeper financial hole in athletics. Knowing better than anyone that was impossible, he's jumping ship.

We don't talk financials in this debacle, and that's a significant oversight. There's plenty of evidence that the ULAA is close to being illiquid. For sure it's illiquid without borrowed funds. We were down to one week's operating cash on hand before borrowing $20 million in April, and we're operating on those dwindling funds now. Neeli may not know athletics, but she probably understands money and recognizes a financial problem.

And Tyra does too, he's just in denial. As AD, he's been largely responsible for our current situation, and bolting to FSU gets him out of the financial mess he had a big part in creating.

Of course, I'll change my mind on all of this when we hear news to the contrary...
Actually, the current financial situation is due to the Jurich settlement (he should not have been fired) the Bobby P balance of contract payments, and the loss of revenue due to the covid season. The lower season ticket renewals and the lower attendance this season hurts also. Covid hurt basketball revenue as well. Tyra is a smart business man, not sure about athletic administrator though. It looks like FSU sees something they like in him.
 
Hold it a sec, zipp. Heird might be the closest thing to Jurich we might get. He was Jurich's associate AD from 07-16.
My understanding from people who know this guy is that he was never destined for anything significant under Jurich. He was and still is more of an executive flunky. For example--and this is probably as much an indictment of Tyra--Heird has been the guy that Tyra sent in to do his dirty work. When Tyra needed to perp walk somebody, he didn't do it. He sent in Heird.

Any operation of scale has people in it of varying skill levels. It's true that people like Heird were in Jurich's operation and carried over to Tyra's. But notice what Tyra did in his early days--he cleaned out most of Jurich's senior managers if they didn't remove themselves. Those who remained have either changed allegiances or stayed where they were.

It's reasonable to conclude that if specific holdovers were high performers, they would have been moving up under Jurich. While it's mostly anecdotal, I haven't heard anyone comment that one of Tyra's shining stars was destined for big things under Jurich. Instead, I keep being told the opposite...
 
Actually, the current financial situation is due to the Jurich settlement (he should not have been fired) the Bobby P balance of contract payments, and the loss of revenue due to the covid season. The lower season ticket renewals and the lower attendance this season hurts also. Covid hurt basketball revenue as well. Tyra is a smart business man, not sure about athletic administrator though. It looks like FSU sees something they like in him.
U of L's athletics financials are a subject for a thread on its own. And I've done a lot of digging and analyzing to try to make accurate assessments of Tyra and the circumstances he faced.

What's factual is that our cash position has declined in the vicinity of $50 million since Tyra set foot on campus. No analyzing needed for that finding--you just have to compare financial reports.

And while it's true that he inherited Jurich's buyout, that's only part of the picture. For example, the difference between what Jurich was paid and Tyra is paid (close to $2 million annually) has largely covered that particular buyout.

According to my research, U of L agreed to around $35 million in buyouts among the former AD, the former football coaches, and the stadium naming rights. But factoring in compensation/salary differences, we're only out of pocket about $10 million of that amount in 2021. And if nothing changes, the buyouts are fully offset with salary reductions by 2025.

That means 80% of the cash burn we've experienced has nothing to do with buyouts. Again, you gotta do the digging to discover that...
 
U of L's athletics financials are a subject for a thread on its own. And I've done a lot of digging and analyzing to try to make accurate assessments of Tyra and the circumstances he faced.

What's factual is that our cash position has declined in the vicinity of $50 million since Tyra set foot on campus. No analyzing needed for that finding--you just have to compare financial reports.

And while it's true that he inherited Jurich's buyout, that's only part of the picture. For example, the difference between what Jurich was paid and Tyra is paid (close to $2 million annually) has largely covered that particular buyout.

According to my research, U of L agreed to around $35 million in buyouts among the former AD, the former football coaches, and the stadium naming rights. But factoring in compensation/salary differences, we're only out of pocket about $10 million of that amount in 2021. And if nothing changes, the buyouts are fully offset with salary reductions by 2025.

That means 80% of the cash burn we've experienced has nothing to do with buyouts. Again, you gotta do the digging to discover that...
Mack’s contract is much lower than Pitino’s was as well. They saved some money with the David P year too.
 
I have zero inside info, but looking at all this from the outside, as a former student and fan of UofL...

I am facing the possibility that our admin may have zero interest in making our FB and BB teams nationally prominent.

I wonder if we are like SMU in the 1980s just in the way we had violations and our admin may be shutting down big time sports at our University.

It's not what the fans want, but we don't get a say if the University is willing to forgo packed stadiums/arenas, forgo sports booster money, and settle into just being an academic institution with no aspirations in major college sports.

I hope this isn't the agenda, but if it is, what then? I'll continue to root for my University's players and teams regardless.
 
Mack’s contract is much lower than Pitino’s was as well. They saved some money with the David P year too.
We're banking about $4 million annually by salary reductions for the top three employees in athletics. Of course, when you consider the results, that's a false economy. You get what you pay for...
 
tyra took a pay cut and maybe using fsu as leverage for a raise, just like all coaches do every day
 
X: so you conducted a survey with “the Noles” and discovered they do not know UL’s AD? That must have been some scientific survey.

All you needed to do was either read, or listen to Vince Tyra’s response to the public announcement regarding Neeli’s decision to suspend Mack. Those in, and around the Athletic Program knew that Tyra not only disagreed with that decision, they understood what it means when the President initiates a disciplinarian act on an employee who has a direct supervisor or manager in between her and the employee. The conflict between the two was obvious, the fact that it did not turn into an ugly media event is a testament to Tyra placing professionalism above emotion.

Ironically Mack‘s il-advised decision to take it upon himself to terminate an assistant coach rather that following protocol by using HR; in a very real sense, Neeli did the same thing; she bypassed protocol by instituting a suspension without following the protocol that would entrust that responsibility to Mack’s boss.

Last comment ……I like Neeli and I understand her position and authority. I just believe that it was not handled in a manner that could avoid unnecessary consequences that only add to further bad PR for UL.
 
ADVERTISEMENT
ADVERTISEMENT