DwayneTwill
Well-Known Member
So SDSU has RichRod's firing and two non-qualifiers making BCS bowls to thank for having enough money to pay off old #16.
Pledges unfulfilled for SDSU coach firing - SignOnSanDiego.com
On Nov. 23, 2008, San Diego State announced the firing of head football coach Chuck Long and stated that over $1 million had been raised to pay for it. “We’ve raised some private money to enable us to do it,†said Stephen Weber, president of SDSU. The amount committed for it was “just over a million dollars in private money,†Weber said at the news conference.
Records obtained by The Watchdog show that the $2.1 million cost of firing Long was only recently paid fully. Less than a fifth of the cost, or $405,000, came from private donors.
The money came largely from a $1 million check from the University of Michigan to buy out the SDSU contract of Long’s successor, Brady Hoke, who left SDSU to become thee Michigan head coach in January. That check was dated April 4.
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In addition to the April 4 Michigan check, SDSU relied on $375,000 from Utah’s berth in the 2009 Sugar Bowl and $314,676 from Texas Christian’s berth in the Rose Bowl this past January.
The unplanned bowl money and Michigan check, combined with $405,000 from unnamed donors, paid for $2.1 million in transition costs associated with firing Long and bringing in a new staff, including $429,000 to pay for Long’s fired coaching staff, according to SDSU records.
The Michigan buyout and the revenue-sharing funds could have helped dig the athletic department out of a separate, $2 million operational deficit amid state budget cuts if private donations had funded the Long firing.
Pledges unfulfilled for SDSU coach firing - SignOnSanDiego.com