Re: Dan Mullen will interview at Penn State on Monday
Quote:
Originally Posted by
Flcajun
Economics-time value of money-money now is better than money later econ 201
My assumption is this, easier to win long term here than at either miss school. If my assumption is true, than long term 20 years of an ever increasing salary will far outstrip 4 years of 2 million. Even if it doesn't he will still have MILLIONS in the bank and his family is set up for life.
Now if he CAN win long term at either miss school it falls apart, but NO ONE has for generations. No one has won here for generations either, but we got rid of our reason why. They cannot, without eliminating another big time school.
Now lets assum I am right. Since you are an econ 201 expert calculate the future value of these two scenarios:
1. 2 million a year for 4 years at miss state projected out 20 years.
2. 550k next year, 750k the next, 1 million the next and lets say a 10 percent raise every 5 years for 20 years.
You can even add in a salary after his 4 years at Miss state as say a coordinator, then a low level head coach. Lets say 250K then300K then 500 K on up.
I bet the answer is, either way he has a Shxx pile of money. And his family is setup for life. So the question is, does he have vision or not? If he has vision he does not go to either miss school, he stays here and becomes a legend.
Now if someone offers me the Florida job....different story.
Re: Dan Mullen will interview at Penn State on Monday
you are assuming he wins every year, and the admin is ok with just charlie sheen. Fedora is now the coach at S miss. The other guy won every year too; bower 14 winning seasons. You are also assuming he doesn't develop any family illness etc. you are making alot of assumptions vs money now. oh btw you are also assuming the admin will pay him that which means rcaf is making much more money that its now. now i don't know his finacial history maybe his uncle left him millions. if he doesn't need the money maybe that is an option.
Re: Dan Mullen will interview at Penn State on Monday
Quote:
Originally Posted by
Flcajun
you are assuming he wins every year, and the admin is ok with just charlie sheen. Fedora is now the coach at S miss. The other guy won every year too; bower 14 winning seasons. You are also assuming he doesn't develop any family illness etc. you are making alot of assumptions vs money now. oh btw you are also assuming the admin will pay him that which means rcaf is making much more money that its now. now i don't know his finacial history maybe his uncle left him millions. if he doesn't need the money maybe that is an option.
Yes I am. Hence the vision part.
It boils down to what is most important to him. A man of that talent will make money his whole life. He could quit coaching now and I would bet he could become a millionaire selling casing in the oilfield.
I wouldn't be a fan if I didn't think we had the potential to be much bigger than we are. I'll be happy with a string of 2 and 3 and done coaches that win, but if I was HUD I'd stay here and become a legend.
I also said that if he is offered the job he I'm sure he will take it. And who am I to blame him. I'm just offering another perspective. Take it for what it is.
Re: Dan Mullen will interview at Penn State on Monday
fair enough.
now answer me this.
I have seen twice on tv. once before somewhere and then today. the s miss guy makes eating motions with his hands. ah they just showed a replay. keep feeding me. nice. stupid but nice. can the cajuns please ban that. it looks stupid.
Re: Dan Mullen will interview at Penn State on Monday
Quote:
Originally Posted by
charliek
Here is another perspective on life changing money and SEC jobs. I don't believe anyone can be a consistent winner at either ole miss or miss state. The two of them and Southern Miss divide up too much of the pie, not to mention LSU and Alabama raiding them. Neitehr school is ever going to pull program changing talent from Louisiana as long as LSU is a semi pro team. So let's say Hud goes for "generation changing money" like 2 mill a year. Houston Nutt, a proven coach, lasted 3 years. There is a chance hud is good enough to win there, but chances are no. So let's say he lasts 4 years. that's 8 million. And his brand is damaged so he's now looking for a job at the bottom again. Now say he stays here and gets a raise to 550 k next year, goes back to the NO bowl and wins 10 games. We bump him to 750K. Now we have a new stadium and are filling it up with 50 k. Now we can pay him 1 mill plus. Lets say he stays for 20 years. I'm saying he's ahead, by a long shot, over a short stint in the SEC.
Couple of things. First, even if he's unsuccessful as a HC at one of the SEC schools in Mississippi, and only lasts 4 years, he has pocketed 8 mil in 4 years, and his earning potential does not completely end at that point. Assistants at big time programs make a pretty good living. And who's to say he wouldn't get another shot at a HC somewhere else down the road? Second, while he's done a great job here this past year, assuming he will be making $1 mil a year and we are packing a 50K seat stadium in the next couple years is kind of a stretch if we're being realistic. And lastly, coaches at the Mississppi schools in the SEC don't have to win big to be successful or make upward moves from there. The powers that be are very aware of the disadvantages these schools face, and having moderate success is looked highly upon by the "real" big boys. Tommy Tuberville was 25-20 at Ole Miss and parlayed that into a big payday at Auburn. Dan Mullen is 20-17 at MSU and is said to be the leading candidate at Penn State. There may be other examples (and some that show opposite data), but those are off the top of my head.
Look, I want Hud to stay here forever as much as anybody else, but a VERY small percentage of people will have VERY few opportunities to make the kind of money that Hud could make if he gets a HC job in the SEC. It's easy to sit here and say what somebody else in a situation like that should do (ie, what's in YOUR best interest, not his). If someone offers you a 300-400% raise to do exactly what you're doing now, would you take it in a heartbeat? And i have no idea what anybody on this board earns annually, but if it's $40K a year and that went to $200K, it'd be crazy not to do it. Multiply that by 10, and it's flat out insane not to. That kind of money not only sets him up, for life, but it sets his kids up as well.
