2023 College Football Coaching Carousel thread

[micropolitan guy]

Pete Lembo hired at Buffalo.

UB targets S. Carolina's Pete Lembo as head football coach (buffalonews.com)

 

[Twirling Time]

He wasn't cunning enough.

Saw that one coming all the way from French Lick.

 

[HanSenSE]

A week after hiring Brennan, he gone.

 

[Della9250]

A week after hiring Brennan, he gone.

apparently there is a department audit coming out tomorrow that will be very very bad

 

[HanSenSE]

apparently there is a department audit coming out tomorrow that will be very very bad

Have heard the same. University is apparently $270M in the hole.

 

[tapintoamerica]

Have heard the same. University is apparently $270M in the hole.

So the AD gets to take the fall.
My guess is he wouldn't have been whacked without the larger screw-up.

 

[DanOregon]

I hope Brennan knew it was coming. Really nothing worse than having the person who hired you leave shortly after you arrive.

 

[Chef2]

Have heard the same. University is apparently $270M in the hole.

How on Earth?

 

[wicked]

The money stuff has been out there for months.

 

[HanSenSE]

How on Earth?

My bad. Only $240M via an accounting error. Still...
University of Arizona miscalculated cash on hand by millions

 

[dixiehack]

Who among us hasn't swung and missed by a quarter-billion or so when setting the ole family budget?

 

[DanOregon]

When big corporations do it - its called creative accounting - makes the company look more successful than it is. But it is crazy - the Arizona athletic budget is $100m per year - even with the $55m Covid loan it hasn't paid back fast enough ...

Don't think this is an outlier either - schools have been spending and committing to spending millions they assumed they would get "somewhere" - TV money, tournament money...the truth is college athletics have been unsustainable for years and the collectives and NIL deals are drawing money away from athletic departments that they thought they would get.