And propose a contract swap! Hazell for Sumlin! They can have the Haze clean toilets for all I care! Think about it critically....this really works well for all parties. If we don't win 6+ games and TAMU likely fires Sumlin after going 8-4 like he generally does for them....I think we could convince them to do this.
If they do fire Sumlin, they are on the hook for $15mil over 3 years. If we fire the Haze, we are on the hook for like $4.5mil over 2 years.
So we do this....just straight up swap contracts. They only have to pay Hazell's $4.5 mil buyout over 2 years instead of $15mil over 3.
From Purdue's end, we will likely have to pay the next guy $2.5 mil plus AND we would be paying Hazell still, so we'd only be out a few more hundred thousand dollars than if we were still paying Hazell AND we would have the coach we want. Then, hopefully by year 3 we will have the program back on track where we can afford to pay Sumlin that $5mil. So basically, we have the same output of cash for a proven commodity and we incentivize TAMU to get on board by helping them save $10mil over 2 years. We are out basically no more money than we would have been paying 2 coaches and we get the coach we want. I think this is perfect.
If they do fire Sumlin, they are on the hook for $15mil over 3 years. If we fire the Haze, we are on the hook for like $4.5mil over 2 years.
So we do this....just straight up swap contracts. They only have to pay Hazell's $4.5 mil buyout over 2 years instead of $15mil over 3.
From Purdue's end, we will likely have to pay the next guy $2.5 mil plus AND we would be paying Hazell still, so we'd only be out a few more hundred thousand dollars than if we were still paying Hazell AND we would have the coach we want. Then, hopefully by year 3 we will have the program back on track where we can afford to pay Sumlin that $5mil. So basically, we have the same output of cash for a proven commodity and we incentivize TAMU to get on board by helping them save $10mil over 2 years. We are out basically no more money than we would have been paying 2 coaches and we get the coach we want. I think this is perfect.