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"Search" fees

Smart guys, read this one and help us out. 

Ten days ago Steve Fairchild was released by the brand new AD at Colorado State. In making the announcement, the AD stated that he had hired a search firm (Spencer Stuart) and noted that the University was paying them $250,000.

We heard that and said he must have meant $25,000. We read it online again as $250,000 and we called the reporter and said it has to be $25,000. They confirmed he said $250,000.

We immediately called 2 agents. Both said it had to be $25,000. We agreed. Look at what similar searches have cost. A lot of the data is public. There certainly have been high profile, six figure search fees paid; but those tend to be at perennial Top 25 programs and even then $250,000 seems rich. Far more frequently we see $25,000, $35,000 or $50,000 fees paid especially when you're dealing with a "non-BCS" school.  

So we called a buddy at one of the search firms..."We'd prefer not to discuss fees."  Ah, it was worth a try.

So here we are. On Monday we learned that CSU had selected Jim McElwain as their new head coach (8 days after letting Fairchild go). Yesterday was the presser and the AD went out of his way in his remarks to thank the search firm for their diligent efforts. We're just now reading some of the press about yesterday's events and sure enough nearly every reporter in Colorado notes that CSU is paying $250,000 in search fees.  

Anybody else find this odd? Comments welcomed below. 

 

Tim DeRuyter's intro at Fresno State

We noticed that Fresno State put this edited version of his presser up on youtube. 

Wouldn't it be great if every AD introduced the new head coach as quickly as transpires in this clip?

In all seriousness, Tim DeRuyter is a very respected coach and we're sure he'll do well "in the Valley". 

Thursday TV

Thursday night NFL action tonight. Don't forget, we have the DIII national title game Friday night (Wisconsin Whitewater and Mount Union). Saturday we'll have the DII title game (Wayne State and Pittsburg State) coupled with three bowl games, and an NFL game with Dallas traveling to Tampa Bay.

All times are eastern.

NFL:

Jacksonville at Atlanta - 8:20 - NFL Network

College:

No games.

High School:

No games.

Bonuses at Bama

If the Crimson Tide beat LSU, the bonus pool for the coaches will top $1 million.

Saban has already earned $200,000 (about 4% of his total salary) for reaching the national title game, and will collect an additional $200,000 with a win.

Alabama AD Mal Moore will receive a $50,000 pay day if the Crimson Tide win the national championship.

Just by getting to a BCS bowl game, the assistants will earn bonuses equal to 16% of their salaries...

Defensive coordinator Kirby Smart - $136,000 

Jim McElwain - $81,600 

Secondary coach Jeremy Pruitt - $36,000

Offensive line coach Jeff Stoutland - $63,200

Outside linebackers coach Sal Suneri - $62,400

Tight ends / special teams coach Bobby Williams - $50,400

Strength coach Scott Cochran - $46,400

Defensive line coach Chris Rumph - $46,200

Running backs coach Burton Burns - $44,800

Receivers coach Mike Groh - $40,000

Director of football operations $27,200

Director of player personnel Ed Marynowitz $20,000

Directors of player development Willie Carl Martin and Kevin Sherrer - $20,000

Pitt is open

We have spoken with several Big East coaches this morning in connection with the surprising news that Todd Graham is leaving Pitt to become head coach at Arizona State. 

The concensus is that the talent level at Pitt, and recruitable by Pitt, is excellent. Nearly everyone we spoke with said if they hire a coach that the players want to play for, that Pitt will be a force soon enough. 

The best hire might be to bring Dave Wannstedt back on...but we're pretty confident Steve Pederson isn't going to do that. The rumor mill is already running wild with names "expected to have a chance".  We'll keep you posted as we learn who really has a chance. 

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