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12/3/08
Tennessee Signs Lane Kiffin For $2 Million, Will Cut Winter Heating Costs By That Same Margin
Tennessee Seems To Value Lane Kiffin Over Keeping Its Students Warm
As someone with a family member in state education, I'm well aware of how big a financial toll a football program can take on a public institution. And when you combine that with the current state of the economy, you've got to wonder how some of these major programs are able to hire guys at these ridiculous salaries - like Lane Kiffin for $2 million per.

The answer? Stop heating your students. Or, at least that's what these headlines from back-to-back days in the Knoxville News Sentinel seem to suggest (courtesy of Deadspin).




You know what they say, the money's got to come from somewhere. Anyway, just to go over this is slightly more detail, from Monday's Knoxville News Sentinel:

Kiffin signed a memorandum of understanding Sunday morning, which included several items that will be included in his finished contract: Kiffin's deal runs through 2014 and averages $2.375 million over the six-year deal. He will earn $2 million this season.

And from Tuesday's Knoxville News Sentinel:

University of Tennessee buildings will be colder this winter and warmer next spring as UT aims to cut its annual energy bill by $2 million. An energy conservation policy released Monday for the main Knoxville campus and adjacent agricultural campus requires indoor temperatures to be set at 68 degrees for heating and 76 degrees for cooling.

All I know is this. Kiffin better make it to a BCS game next season, or there's going to be hell to pay.

It's going to be a cold winter in Knoxville [Deadspin]
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12/3/08
0
HAHAHA this is a great read thank you. made me chuckle

12/3/08
0
(Edited by guylake)
It appears the Tennessee students will freeze over long before Hell ever does; not sure how this affects the Volunteers' BCS prospects.

12/3/08
2
(Edited by AndiLee0388)
Getting Rocky in Rocky Top..I also had a chuckle over this..TY!! Personally I cannot google any evidence to suggest that Kiffin deserves a salary like that....Maybe they should share some with Urban Meyer..

Runs away laughing

12/3/08
2
it's asinine to make the correlation between the school making budget cuts and the athletic department (which is a separate, self-sufficient business entity) paying a coach from the proceeds collected by said athletic department.  silly.  the athletic department actually donates money each year to the university.  and i admire what Kiffin has proposed, which is giving him a lower salary than say a Saban (4 mil) in order to surround himself with a well qualified staff.  he even went so far as to write it into his contract that if he is awarded money for achievements (coach of the year, etc) that it go to his assistants rather than put it in his own pocket.  I am excited to see what this guy can do. I’ve been hearing a lot of naysayers, but the proof will be in the proverbial pudding! I mean, look at Hamilton’s hiring of bruce pearl. Had anyone even heard of him before he came to TN? Not me. Now, mens’ BB is soon to be as prominent as the lady vols! Well, maybe. But, I think Hamilton knows this is the biggest decision of his career at TN, and I think he’s swinging for the fence knowing what kind of staff Kiffin is putting together. Just my $.02 

12/3/08
2
catron13 wrote:
it's asinine to make the correlation between the school making budget cuts and the athletic department (which is a separate, self-sufficient business entity) paying a coach from the proceeds collected by said athletic department.  silly.  the athletic department actually donates money each year to the university.  and i admire what Kiffin has proposed, which is giving him a lower salary than say a Saban (4 mil) in order to surround himself with a well qualified staff.  he even went so far as to write it into his contract that if he is awarded money for achievements (coach of the year, etc) that it go to his assistants rather than put it in his own pocket.  I am excited to see what this guy can do. I’ve been hearing a lot of naysayers, but the proof will be in the proverbial pudding! I mean, look at Hamilton’s hiring of bruce pearl. Had anyone even heard of him before he came to TN? Not me. Now, mens’ BB is soon to be as prominent as the lady vols! Well, maybe. But, I think Hamilton knows this is the biggest decision of his career at TN, and I think he’s swinging for the fence knowing what kind of staff Kiffin is putting together. Just my $.02 
We're well aware that the cut is probably not related in any way shape or form to Kiffin's hiring (maybe). The timing, however, is utterly hilarious.

12/3/08
0
(Edited by catron13)
100%InjuryRate wrote:
We're well aware that the cut is probably not related in any way shape or form to Kiffin's hiring (maybe). The timing, however, is utterly hilarious.
agreed...it is quite comical.  but i only recently learned that coaches pay and tuition hikes were unrelated.  btw, sorry about the multiple posts...i thought my original reply didn't post, so i did it again.  now, i don't know how to delete my post made in err, so i just deleted the content sowwy!

7/14/09
0
This article is quite ridiculous. For one, college football, especially a college football team with Neyland Stadium brings the university millions of dollars each year.  For instance, Neyland Stadium averages over 100,000 fans each home game. Ok, lets say every ticket costs $50 (which we all know is on the low side). 50 times 100,000....you do the math. Lane's whole salary for the year with a surplus of $3 million plus concessions and merchandise bought at the game. AND THIS IS JUST ONE HOME GAME A YEAR!!!!
You, who wrote this ignorant article, need to get your facts straight before pointing fingers. How in the world could you ever think a big time collegiate football program could cause finanical burdens to the university and the area around the university? think about how much money, outside the athletic dept., that home games bring in for Tennessee. Every hotel in the city is sold out. Restaurants during home game weeks are jammed packed full.  so, with the current state of the economy, be grateful there is college football to bring in money to the surrounding economy of each respected collegiate football hometown.

7/30/09
0
catron13 wrote:
it's asinine to make the correlation between the school making budget cuts and the athletic department (which is a separate, self-sufficient business entity) paying a coach from the proceeds collected by said athletic department.  silly.  the athletic department actually donates money each year to the university.  and i admire what Kiffin has proposed, which is giving him a lower salary than say a Saban (4 mil) in order to surround himself with a well qualified staff.  he even went so far as to write it into his contract that if he is awarded money for achievements (coach of the year, etc) that it go to his assistants rather than put it in his own pocket.  I am excited to see what this guy can do. I’ve been hearing a lot of naysayers, but the proof will be in the proverbial pudding! I mean, look at Hamilton’s hiring of bruce pearl. Had anyone even heard of him before he came to TN? Not me. Now, mens’ BB is soon to be as prominent as the lady vols! Well, maybe. But, I think Hamilton knows this is the biggest decision of his career at TN, and I think he’s swinging for the fence knowing what kind of staff Kiffin is putting together. Just my $.02 
i concur!

 
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