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Sunsetunderground OP
Nov 12, 2023 at 02:29 PM ET
Does SMU have more money than Texas A&M?
So A&M is paying $75 Million to make Jimbo go away. This is the most ever for a buyout. I've heard SMU alums are the bosses of A&M alums. Not knowing much about how much money each school has for football. It would amaze me if SMU could compete at that level. If so, they will be an excellent addition to the ACC. Anyone know if they are willing to outspend A&M and get a piece of their top 5 recruiting classes?

25 Replies

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ren_hoek
$75 million just to go away is obscene
College sports has lost its way. Smh.
Atlee Hokie Atlee Hokie
100% correct.
I see why players want, and ultimately will get paid. They are playing for a scholarship, yet Jimbo is getting $75,000,000.00 just to go away.
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ren_hoek
I've had smoldering resentment over the hypocrisy for a while now.
Tv executives and administrators are getting filthy stinking rich (proclaiming the glories of amateurism all the while) while the players get peanuts in comparison. I'm a conservative and a devout proponent of capitalism, mind you, but college athletics is beyond absurd.
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DallasHokie98
is capitalism really at play? I would say a monopoly more likely
Or perhaps an oligarchy of university boards. NCAA has little control of the situation. The lack of oversight and lack of ability to utilize the free market has been restrictive in my view. There should not be a need to jump around among conferences. The collusion among schools and TV/media has created this nightmare.
reestuart reestuart
yeah, it's just silly. College coaches are making more than NFL guys.
There's only one real reason that's possible.
MrBayAreaHokie MrBayAreaHokie
Yeah
The “amateur” label needs to go away…that’s high school sports now Maybe we call it “young adult” athletics, as that would be more accurate. Or simply, “college athletics”. There’s not much about it that is amateur imho
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TerryD
The players getting paid IS capitalism.......
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Stech
No doubt!!
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tarheelblue
I would think twice before donating to a program that did that.
It's a sign of gross mismanagement.
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33laszlo99
Termination buyouts are typically funded by super-donors and approved by
those donors in advance of the firing.
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LaneRat
When we went to Churchill Downs last week
I spoke to a surprisingly frank mid-upper level employee. He said if it wasn't for the super-rich, the race track would be a parking lot. The average joes that made up our group don't mean a thing in the big picture, and in fact are a drain.
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RJHokie
Not surprised.
Big time horse racing is a rich person’s sport and always has been.
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2hhoop3
SMU and A&M.......
both have enough resources to get things done. The question is do they have enough brains? A&M and Texas have been building a pretty solid case for years that they lack the brains. SMU's case got cut short about 40 years ago because they were arrogant and got caught. We'll see if they learned anything.
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EDGEMAN
But what SMU was doing before is now legal
It may or many not be exactly legal under the rule book, but the NCAA has turned a blind eye to college football's "pay for play" schemes. Recruiting players off other teams (before they hit the portal), etc.
Maroon Baboon Maroon Baboon
I for one am totally intrigued with SMU coming to the ACC
There's gonna be an Arms Race of epic proportions in Texas, and I'm here for it. 75 million to buyout Jimbo? Wow. Makes Fuente's buyout look like my check out bill at the Salvation Army. ** Edited by Maroon Baboon at 11/12/2023, 2:41:33 PM
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Mercury
and many fans are aghast with the Fuente's buyout
That's just chump change. For fans who complain and want to be Power 5, thats the environment out there.
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33laszlo99
Take it from Wikipedia: SMU endowment $1.9 Billion, TX A&M $18+ Billion
SMU Enrolment for UG & Grad: ~12,000, TX A&M UG, Grad & Doct. ~73,000 (Col. Sta. campus only)
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Sunsetunderground OP
I thought I read A&M has Millionaires but SMU boosters are Billionaires
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cburgroop
A&M has 500k+ living alumni...SMU about 1/4 of that
reestuart reestuart
yet they could never finish better than 4th in the AAC. I'm skeptical.
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133966Hokie
What about this season? They look pretty darn solid, are 8-2 and have the
inside track on being in the AAC Champ game. Believe their trajectory is rising and their Coach said they are already seeing a boost in recruiting from feedback from recruits. Not necessarily in commitments quite yet, but he said they are definitely in more favorable spots. Low # of commitments at the moment in this class - but pretty solid average ranking (per 247, 9 commits average 86.66).
reestuart reestuart
It's no coincidence they've gotten better since Cincy and UCF left.
** Edited by reestuart at 11/13/2023, 11:38:29 AM
mrcaniac mrcaniac
The saying is
The Texas and A&M millionaires all work for the SMU billionaires.
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Sunsetunderground OP
Thanks. I also read there is more money within 10 miles of SMU than
the entire rest of the state of Texas combined. Thinking was that Dallas non SMU alums would get behind the home team like the early 80s.
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cburgroop
Death penalty zapped interest from the Dallas non alums
There are so many other schools to root for in-state, most of the casual fans probably migrated away to A&M, UT and the like. Plus all the potential fans who were either kids in the 80s or born after have never had the chance to see SMU play any of the big boys other than the occasional non conference game. If the ACC manages to hold together as-is, I think SMU will get competitive rather quickly. Personally I'm way more excited over them joining than Cal and Stanford.