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Parting Gifts: "OTL" Addresses Schools Paying Large Buyouts To Fired Coaches

As numerous high-profile colleges have recently fired their football coaches this season, schools have been forced to pay out millions of dollars in contract obligations. Syndicated radio host Paul Finebaum said Auburn firing football coach Gene Chizik just two years removed from winning the National Championship from a distance “looks like a bad decision, but up close it was a necessary evil, particularly because of Nick Saban." Finebaum: "If you keep a coach and it doesn’t work, yes, you’ve saved $11 million ... but you have fallen farther behind. It sounds bad, but happens on Wall Street every day of the week.” ESPN’s Jeremy Schaap said those moves are “held accountable” by corporate BODs and shareholders, so are there “any consequences here for the presidents and ADs who make these bad hires and then the universities are in the hole for millions and millions of dollars?” ESPN’s Darren Rovell said, “I am surprised that the athletic directors are not more often held accountable. To tell you the truth, over the last seven to 10 years as this has become more of a professional business, as the big-time agents have come to represent these coaches, ADs have gotten killed in contract negotiation time. ... When you see what some of these agents get for these guys, it is unbelievable.” Northeastern Univ. AD Peter Roby said, “I thought we were in the business of higher education and so rather than worrying about what Alabama is doing, why isn’t Auburn and other schools worried about what’s in the best interests of the students and the institution with respect to educating young people? We have got schools leaving conferences, getting out of relationships, severing relationships, suing each other.” Finebaum replied, “The reality is we are talking about professional sports” (“Outside The Lines,” ESPN, 12/5).

TNT’s Stan Van Gundy, ESPN’s Tim Reed, NBA Playoffs and NFL Draft

On this week’s pod, SBJ’s Austin Karp has two Big Get interviews. The first is with TNT’s Stan Van Gundy as he breaks down the NBA Playoffs from the booth. Later in the show, we hear from ESPN’s VP of Programming and Acquisitions Tim Reed as the NFL Draft gets set to kick off on Thursday night in Motown. SBJ’s Tom Friend also joins the show to share his insights into NBA viewership trends.

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SBJ I Factor: Molly Mazzolini

SBJ I Factor features an interview with Molly Mazzolini. Elevate's Senior Operating Advisor – Design + Strategic Alliances chats with SBJ’s Ross Nethery about the power of taking chances. Mazzolini is a member of the SBJ Game Changers Class of 2016. She shares stories of her career including co-founding sports design consultancy Infinite Scale career journey and how a chance encounter while working at a stationery store launched her career in the sports industry. SBJ I Factor is a monthly podcast offering interviews with sports executives who have been recipients of one of the magazine’s awards.

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