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7 hours ago, Old guy said:

He will stay as a HC for as long as he can. However what happens when the salaries offered become too low, or when he just gets no offers? He will still be alive and has to figure out what he is going to do. If you do not think head coaches may have no offers, or no acceptable offers after being let go from their positions, search what team is Cuonzo Martin coaching this season.

The guy has made multi millions so unless he just spent like a drunken sailor don't worry about him - he will be fine.

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22 minutes ago, cheeseman said:

The guy has made multi millions so unless he just spent like a drunken sailor don't worry about him - he will be fine.

Thinking about starting a GoFundMe for Travis should he be relieved of his duties. He could use all of our support while he is living off of unemployment. It’s the least we could do. His monthly electric bill is probably larger than my mortgage payment with 6.125% interest.  Let’s make sure all 12,000 square feet of his home is properly cooled this summer. 

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16 minutes ago, Slu let the dogs out? said:

Thinking about starting a GoFundMe for Travis should he be relieved of his duties. He could use all of our support while he is living off of unemployment. It’s the least we could do. His monthly electric bill is probably larger than my mortgage payment with 6.125% interest.  Let’s make sure all 12,000 square feet of his home is properly cooled this summer. 

Where's Sarah McLachlan? Maybe she can record a commercial for him. "Every day, multimillionaire college basketball coaches are ruthlessly fired for poor performance. With your donation of $10,000,000, these sweet men can afford a third house in the ritzy neighborhood of their choice and live fulfilling lives."

Edited by BrettJollyComedyHour
I can't grammar.
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What makes you think that millionaires do not go broke? It all depends on how much they spend, many think there is no end to their money which is emphatically not the case, not as long as they depend upon a very large salary. You are young, of course, and know nothing about money, but the good times always end. Finally, you should give Ford at least a small level of respect and understanding. He is not having a good time currently. And just so you know, lots of major sports players retire with lots of money and wind up broke, this is not uncommon.

 

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3 minutes ago, Old guy said:

What makes you think that millionaires do not go broke? It all depends on how much they spend, many think there is no end to their money which is emphatically not the case, not as long as they depend upon a very large salary. You are young, of course, and know nothing about money, but the good times always end. Finally, you should give Ford at least a small level of respect and understanding. He is not having a good time currently. And just so you know, lots of major sports players retire with lots of money and wind up broke, this is not uncommon.

 

Thanks Old Guy, MD, CFA, CFP, CPA, LLM

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3 minutes ago, Old guy said:

What makes you think that millionaires do not go broke? It all depends on how much they spend, many think there is no end to their money which is emphatically not the case, not as long as they depend upon a very large salary. You are young, of course, and know nothing about money, but the good times always end. Finally, you should give Ford at least a small level of respect and understanding. He is not having a good time currently. And just so you know, lots of major sports players retire with lots of money and wind up broke, this is not uncommon.

 

Yes there are pro sport athletes who do not manage their money well but I would not compare a basketball coach to them.  The coach has had to work his way up so he has a bit more experience in life to not make those kinds of mistakes.  Yes millionaires go broke - happens all the time with lottery winners but once again a person winning the lottery may not have had the opportunity to learn better habits.  Ford was smart enough to downsize a couple of years ago as his family got smaller so he has shown a certain about of financial acumen or at least he is smart enough to have someone advising him and he listened.  If he has been living paycheck to paycheck then he is not the kind of man I want as our head coach or leading young men - we need someone who is smarter than that.  As far as respecting him in tough times - tough times are relative.  Him losing his 2.5 million a year job is hardly a tough break especially since he has been earning well for many years.  If he spent it all then this is his fault not ours.  I once told someone that they are getting well paid but they will take every penny out of your hide - he later told me I was right.  Nobody pays very well without expectations so Ford got the money and he did not meet expectations so it is hardly a tough break.

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10 minutes ago, billikenfan05 said:

If Old Guy didn't pre-date AI, everything he posts reads like a response generated by ChatGPT

Whoa that’s crazy. Just copy and pasted his last post into ChatGPT and told it to rewrite. Came back verbatim. 

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When MC Hammer went broke I felt bad for him and I wished I could help. He gave something great to the world, his amazing music, the joy of his dance, and his stylish hammer pants. Ford? Nah I don't need my windshield cleaned. Step aside bro.

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I am not saying Ford is stupid. I am saying that losing a $2.5 M salary is tough on  anyone. As far as coaches go, the time comes when they are let go and they have no prospects. It has happened to many coaches. For example take Belichick from the Patriots. When he was let go, the word was that he would have all kinds of offers, not so. Same thing happened with  Cuonzo. And yes, it does take a good presentation and a good deal of success and experience to have success as a coach.  Yet the time comes when they find no takers.

I think Ford may well be in a similar situation. A very successful man that reached a salary level few ever come close to. But the well appears to be drying. Some respect is due from my point of view, your choice.

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1 hour ago, Slu let the dogs out? said:

Whoa that’s crazy. Just copy and pasted his last post into ChatGPT and told it to rewrite. Came back verbatim. 

This is why I do not use ChatGPT or AI. There was a time when I used a commercial financial AI system extensively and had talks with the head Quants in places like the CBOE or CBT, cannot remember which one. No more, I do my own.

A few last things to say. Keep track of what happens to celebrity mansions after the well dries and the mansion goes for sale. Watch the price go straight down from lack of buyers. Anyone that builds or purchases one of those Super Yachts is eventually in for super sized losses, not to mention maintenance, crew expenses, docking and taxes.

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22 minutes ago, Old guy said:

I am not saying Ford is stupid. I am saying that losing a $2.5 M salary is tough on  anyone. As far as coaches go, the time comes when they are let go and they have no prospects. It has happened to many coaches. For example take Belichick from the Patriots. When he was let go, the word was that he would have all kinds of offers, not so. Same thing happened with  Cuonzo. And yes, it does take a good presentation and a good deal of success and experience to have success as a coach.  Yet the time comes when they find no takers.

I think Ford may well be in a similar situation. A very successful man that reached a salary level few ever come close to. But the well appears to be drying. Some respect is due from my point of view, your choice.

You seem to be forgetting Travis is about to receive a multi-million dollar buyout so even if he blew the 10s of millions he’s received over his coaching career on Keno, he’s got that going for him. But if he’s still strapped for cash in a few weeks I’ve got some mulch that needs to be spread in my front yard. 

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8 minutes ago, Slu let the dogs out? said:

You seem to be forgetting Travis is about to receive a multi-million dollar buyout so even if he blew the 10s of millions he’s received over his coaching career on Keno, he’s got that going for him. But if he’s still strapped for cash in a few weeks I’ve got some mulch that needs to be spread in my front yard. 

Ford Family Landscaping - failing to meet expectations, one yard at a time

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I hope he is strapped for cash then me @Box and Won and Leon offer him a predatory deal for his stake in Humphrey's then we invite Mid-town Madness Podcast to record live on Tuesdays while secretly enacting a policy to charge double for people with their hats on backwards.

Also we'll have specials:

2 Men and a Garden Pickleback Shots

Everyone wins except 05 who I think we all agree no one likes

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4 minutes ago, TheA_Bomb said:

I hope he is strapped for cash then me @Box and Won and Leon offer him a predatory deal for his stake in Humphrey's then we invite Mid-town Madness Podcast to record live on Tuesdays while secretly enacting a policy to charge double for people with their hats on backwards.

Also we'll have specials:

2 Men and a Garden Pickleback Shots

Everyone wins except 05 who I think we all agree no one likes

Damn caught a stray like an extra from The Wire.

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25 minutes ago, Old guy said:

I am not saying Ford is stupid. I am saying that losing a $2.5 M salary is tough on  anyone. As far as coaches go, the time comes when they are let go and they have no prospects. It has happened to many coaches. For example take Belichick from the Patriots. When he was let go, the word was that he would have all kinds of offers, not so. Same thing happened with  Cuonzo. And yes, it does take a good presentation and a good deal of success and experience to have success as a coach.  Yet the time comes when they find no takers.

I think Ford may well be in a similar situation. A very successful man that reached a salary level few ever come close to. But the well appears to be drying. Some respect is due from my point of view, your choice.

If his buyout is indeed $10mm that’s like being paid 4 years salary for gone fishing in FL. None of us know his financial situation but highly doubtful he’ll be going on welfare anytime soon. What hurts him the most will be sitting out seasons behind the broadcast table or as a studio analyst. Ford loves/lives to coach hoops. He’s a relatively young man. If being fired from SLU makes him damaged goods in the eyes of prospective schools it will hurt his pride way more than his bank account. A lot of folks in their early 50’s who lose a top position find it difficult to find another one of similar stature. Call it age discrimination, ageism, or prejudice but folks in that situation feel like the sky has fallen. Travis may land another coaching job but it likely won’t be with a P6 or high mid major immediately. He needs to craft a better resume, and it starts at a lower level. He was always considered a young up and comer. That image got dinged at OSU. Now at + 50, while not over the hill, he’ll be viewed as a late model used car. Functional but not luxurious. He’s now in the class of former up and coming hot coaches, eg Crean, Gregory, Romar, Martin et al. Can he reach his dream of being a P6 HC. Sure, but he’s really gonna have to show a whole lot more than what he’s accomplished to date. 

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2 hours ago, Old guy said:

What makes you think that millionaires do not go broke? It all depends on how much they spend, many think there is no end to their money which is emphatically not the case, not as long as they depend upon a very large salary. You are young, of course, and know nothing about money, but the good times always end. Finally, you should give Ford at least a small level of respect and understanding. He is not having a good time currently. And just so you know, lots of major sports players retire with lots of money and wind up broke, this is not uncommon.

 

Your absolutely right Old Guy, doing blow and escorts burns a hole in your pocket.

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13 minutes ago, cheeseman said:

Ok so what did he say

In response to Ackerman’s question about is there something to be proud of this season, he said of course disappointed with the season but proud of the guys for showing up with good attitudes throughout the season. Connected the good attitudes with winning 3 of the last 5, including 2 on the road, and pleased with the improvement of Hughes and I think he said Thames. 

Short discussion about NIL and said Troy and Scott are working very hard behind the scenes with the BVF. I got the sense that they all realize that the program made a mistake by not recognizing NIL as pay for play and are trying to fix it. I say “fix it” as something the athletic department needs to tend to, not so much as part of the recently mentioned “plan.”

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Just now, slu72 said:

Sounds to me like UL really wants Avila.

If you hire a coach for a player that's short sighted.  Maybe that's Internet sizzle but should not be reality.

 

Those tweets are hilarious.

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