UGA Men's Basketball: lost cause or sleeping giant?

4,721 Views | 44 Replies | Last: 3 yr ago by PaulWesterdawg
Nostradawgus
How long do you want to ignore this user?
This. You got it. They got to hit on the right coach - for UGA. And the right head coach hiring the right assistants TO RECRUIT is also key - and a key failure for a long time.

Let's be honest. We haven't really recruited with any kind of sustained quality since Tevester Anderson. And kids ain't going to Auburn for their historical basketball resume.

It's an embarrassing abomination of now epic proportions. Here's hoping Crean gets it done, or the new AD finally says enough with crap hoops.
HunkerDownDawgs
How long do you want to ignore this user?
AirForceDawg said:

University of Georgia Annual Financial Report Fiscal Year Ended 30 June 2020

UGA Athletic Association, Inc.

Total Assets: $447,727,720
- Total Current Assets: $62,373,877
-- Cash and Cash Equivalents: $60,047,599
-- Accounts receivable, net
--- Component Units: $58,884
--- Primary Government: $35,451
--- Other: $1,934,714
-- Prepaid items: $297,229
- Total Non-Current Assets: $385,353,843
-- Investments: $49,827,507
-- Other Assets: $247,930
-- Capital Assets, net: $335,278,406

Deferred Outflow of Resources: $13,653,582

Total Liabilities: $140,724,396
- Total Current Liabilities: $53,020,050
-- Accounts Payable: $2,712,386
-- Salaries Payable: $2,890,840
-- Due to Primary Government: $7,851,616
-- Advances (including tuition and fees): $33,780,208
-- Revenue Bonds and Notes Payable: $5,785,000
- Total Non-Current Liabilities: $87,704,346
-- Other Liabilities: $247,930
-- Notes and Loan Payable: $1,000
-- Revenue Bonds and Notes Payable: $82,389,961
-- Interest Rate Swap: $5,065,455

Total Net Position: $320,656,906 (+$112,785,280 in the last four years)
- Net Investment in Capital Assets: $255,690,572
- Unrestricted: $64,966,344
If UGA is just hoarding cash and not spending it because it is interested in winning the cash reserve trophy, where would I find the additional $113 million in cash that is over and above whatever the cash balance was four years ago? My point is that you won't find the "extra cash" on the balance sheet because we spent it on new capital assets, which are all of those things everyone is here saying they want more of. If I knew how to look up UGA Athletic Dept's balance sheet (I could only find its income statement), my guess is that the net investment in capital assets is where you are going to find all of those profits people are talking about here. For example, in the same four year period being referenced here, Georgia has either undertaken or completed $182.5 million in new construction. That includes the Payne Indoor Athletic Facility ($30.5 million), the West End addition at Sanford Stadium ($63M), the grandstands at the Dan Magill Tennis Complex ($8M) and the ongoing construction of the football-operations addition at the Butts-Mehre complex ($80M).
dawgpostsucks
How long do you want to ignore this user?
PaulWesterdawg said:

if we had given Mark Richt what we are giving Kirby now would we get the same or even similar results? The money didn't cause Richt to enter the 2012 SEC title game with around 68 kids.
UGA Football would have realized better results if they had supported Richt the same as they have Smart.

- 18 February 2011: AD Greg McGarity asserts that UGA's Football program won't oversign

- 3 June 2011: UGA President Michael Adams teams w/ UF's President Bernie Machen to push for measures against oversigning in college football

While Saban was oversigning by more than a dozen players per year, Richt was restricted from having more than 85 scholarship commitments on National Signing Day. Thus any attrition (e.g., academic non-qualifiers, transfers, medical disqualifications, dismissals) post-NSD hurt UGA's football prospects that fall. In the summer of 2012 UGA had the golden opportunity to sign 20 Penn State football transfers that would have been immediately eligible, but the public outcry and administration pushback made Richt withdraw his request within a week. That led to UGA entering the season w/ 69 recruited scholarship players (including OL Kolton Houston who was ineligible due to residual PED in his system from a high school surgery) and a bunch of walk-ons placed on scholarship.

Btw, was it fair to Richt that he never got the full-sized IPF he said was his #1 priority in September 2004 (UGA Athletic Association was named "national financial champs" in the spring of 2006, so lack of funds wasn't the issue)? How many missed or delayed practices did UGA lose out on b/c of inclement weather during Richt's tenure? Did that help the program win in any way?

Also, was it fair that on 20 December 2011 Coach Richt, his football assistants, & several staffers received a Letter of Admonition from ADGM b/c Richt paid them $63,556.50 in bonuses or other compensation out of his own pocket after UGA Athletic Association refused to pay the traditional bonuses after the 2009 season citing "economic difficulties" (even though they donated $4.5M in football profits to the school that summer)?

Moreover, was it fair that on 30 November 2014 ADGM rebuffed Richt's request to grant OC Mike Bobo a pay raise (he earned $575K/yr) after the offense set a program record 44.4 ppg that season? Three weeks later Bobo left for Colorado State and Richt's offense was doomed.

Not until 2015 (after I gave ADGM an earful) did Richt get a full complement of five S&C coaches. Prior to that ADGM said Richt could get by with an intern as a money-saving measure. At one point Richt only had 3.5 S&C coaches (one was a part-timer ADGM brought on). Joe Tereshinski II, whom ADGM hired on 1 December 2010 against Richt's wishes, was the SEC's lowest paid Head S&C coach ($150K/yr) and UGA's assistant S&C coaches were also the conference's lowest paid (avg. $39,405.25/yr.). Those stingy salaries didn't attract or retain talent.

Last, was Coach Richt paid a fair market value salary ($3.2M) in 2015? It ranked 12th out of 14 SEC coaches.

You can't win cheap in the SEC. UGA tried it w/ Richt (football expenditures ranked 7th in the SEC) and men's basketball (expenditures rank last in the SEC) and it didn't/doesn't work (unless you value increasing reserve funds and donations outside the department over winning).

Despite a 50.5% increase in spending on the football program the past 5+ years, Smart hasn't outperformed Richt's achievements his first five years at UGA:

Mark Richt, 2001-'05:

Overall 52-13 record (32-11 SEC) w/ 2 SEC Championships

2001: 5-3 SEC
2002: 8-1 SEC
2003: 6-3 SEC
2004: 6-2 SEC
2005: 7-2 SEC

***

Kirby Smart, 2016-'20:

Overall 52-14 record (33-12 SEC) w/ 1 SEC Championship

2016: 4-4 SEC
2017: 8-2 SEC
2018: 7-2 SEC
2019: 7-2 SEC
2020: 7-2 SEC

Cut Smart's salary and UGA Football expenditures to Richt-era levels, tell him he can't use the full-sized IPF, tell him he can't oversign, reinstate the athletic department's aggressive drug testing program (bring back Carla Williams) and subsequent suspensions, cut the S&C staff, etc. and see how it'll affect the program's morale, recruiting, and winning. I guarantee it won't work out well.
dawgpostsucks
How long do you want to ignore this user?
HunkerDownDawgs said:

AirForceDawg said:

University of Georgia Annual Financial Report Fiscal Year Ended 30 June 2020

UGA Athletic Association, Inc.

Total Assets: $447,727,720
- Total Current Assets: $62,373,877
-- Cash and Cash Equivalents: $60,047,599
-- Accounts receivable, net
--- Component Units: $58,884
--- Primary Government: $35,451
--- Other: $1,934,714
-- Prepaid items: $297,229
- Total Non-Current Assets: $385,353,843
-- Investments: $49,827,507
-- Other Assets: $247,930
-- Capital Assets, net: $335,278,406

Deferred Outflow of Resources: $13,653,582

Total Liabilities: $140,724,396
- Total Current Liabilities: $53,020,050
-- Accounts Payable: $2,712,386
-- Salaries Payable: $2,890,840
-- Due to Primary Government: $7,851,616
-- Advances (including tuition and fees): $33,780,208
-- Revenue Bonds and Notes Payable: $5,785,000
- Total Non-Current Liabilities: $87,704,346
-- Other Liabilities: $247,930
-- Notes and Loan Payable: $1,000
-- Revenue Bonds and Notes Payable: $82,389,961
-- Interest Rate Swap: $5,065,455

Total Net Position: $320,656,906 (+$112,785,280 in the last four years)
- Net Investment in Capital Assets: $255,690,572
- Unrestricted: $64,966,344
If UGA is just hoarding cash and not spending it because it is interested in winning the cash reserve trophy, where would I find the additional $113 million in cash that is over and above whatever the cash balance was four years ago? My point is that you won't find the "extra cash" on the balance sheet because we spent it on new capital assets, which are all of those things everyone is here saying they want more of. If I knew how to look up UGA Athletic Dept's balance sheet (I could only find its income statement), my guess is that the net investment in capital assets is where you are going to find all of those profits people are talking about here. For example, in the same four year period being referenced here, Georgia has either undertaken or completed $182.5 million in new construction. That includes the Payne Indoor Athletic Facility ($30.5 million), the West End addition at Sanford Stadium ($63M), the grandstands at the Dan Magill Tennis Complex ($8M) and the ongoing construction of the football-operations addition at the Butts-Mehre complex ($80M).
UGA Athletic Association, Inc. has donated $99M in profits to the school since the summer of 2006. What would UGA Athletic Association's cash reserve fund look like now if they hadn't donated it? What would UGA's athletic program look like if it had been invested in its 21 teams instead? Per former UGA President Michael Adams, UGA's athletic department has been financially in the black since the 1990s, so cutbacks weren't necessary. However, since they decided to transfer profits (Adams' brainchild) outside the department, the athletic program has faltered.

National Association of Collegiate Directors of Athletics (NACDA) Directors' Cup Standings:

2020-'21: TBD - $4.5M UGAA profits donated to UGA
2019-'20: tied 61st nationally, tied #7 SEC (AD Greg McGarity) - note: midyear rankings; spring season cancelled b/c of COVID-19 - $5M UGAA profits donated to UGA
2018-'19: 21st nationally, 5th SEC (AD Greg McGarity) - $4.5M UGAAA profits donated to UGA
2017-'18: 8th nationally, 2nd SEC (AD Greg McGarity) - $4.5M UGAAA profits donated to UGA
2016-'17: 15th nationally, 4th SEC (AD Greg McGarity) - $5M UGAAA profits donated to UGA
2015-'16: 15th nationally, 3rd SEC (AD Greg McGarity) - $5.5M UGAAA profits donated to UGA
2014-'15: 14th nationally, 2nd SEC (AD Greg McGarity) - $5.5M UGAAA profits donated to UGA
2013-'14: 16th nationally, 4th SEC (AD Greg McGarity) - $5.5M UGAAA profits donated to UGA
2012-'13: 10th nationally, 3rd SEC (AD Greg McGarity) - $2M UGAAA profits donated to UGA; $30M from UGAAA's cash reserve moved to UGA Foundation
2011-'12: 18th nationally, 3rd SEC (AD Greg McGarity) - $4M UGAAA profits donated to UGA
2010-'11: 20th nationally, 3rd SEC (AD Greg McGarity) - $6M UGAAA profits donated to UGA

2009-'10: 20th nationally, 4th SEC (AD Damon Evans) - $5M UGAAA profits donated to UGA
2008-'09: 18th nationally, 3rd SEC (AD Damon Evans) - $4M UGAAA profits donated to UGA
2007-'08: 10th nationally, 3rd SEC (AD Damon Evans) - $4M UGAAA profits donated to UGA
2006-'07: 12th nationally, 3rd SEC (AD Damon Evans) - $4M UGAAA profits donated to UGA
2005-'06: 9th nationally, 2nd SEC (AD Damon Evans)
2004-'05: 7th nationally, 2nd SEC (AD Damon Evans)

2003-'04: 5th nationally, 1st SEC (AD Vince Dooley)
2002-'03: 15th nationally, 3rd SEC (AD Vince Dooley)
2001-'02: 8th nationally, 2nd SEC (AD Vince Dooley)
2000-'01: 3rd nationally, 1st SEC (AD Vince Dooley)
1999-'00: 12th nationally, 3rd SEC (AD Vince Dooley)
1998-'99: 2nd nationally, 1st SEC (AD Vince Dooley)
1997-'98: 7th nationally, 2nd SEC (AD Vince Dooley)
JudgeLarryDawg
How long do you want to ignore this user?
Regardless of Georgia's status, the one and done has taken much of the fun from following college basketball.
Let players go pro straight out of high school like baseball but if they go to school, they can't be drafted for 3 years.
As great as Anthony Edwards might be, his presence at Georgia for one year didn't do anything for us, or for him.
ssidedawg
How long do you want to ignore this user?
This!

Can you imagine if every football player worth a darn left after one year?
UgaBoz53
How long do you want to ignore this user?
PaulWesterdawg said:

They've spent around $50m on facilities the past 15 years to support basketball. That investment isn't reflected in those numbers.

Tom Cream is #23 highest paid coach nationally and #5 in thre SEC. When he was hired he was 3rd.

It's not money.
totally agree
ATLSTNMTN53DAWG
DawgInTheSandhills
How long do you want to ignore this user?
Ive watched CBB since I was 9. I've asked myself the question posed here. Why aren't/cant' my beloved Dawgs be a premier BB program......?

Why is AUB getting recruits over UGA. The same thing that attracted them at TENN - Bruce Pearl

I say that because the single factor most successful BB programs have/had since I've been watching - a damned good coach.

Look at the old Big East and the 80s/90s in general - There were some really good coaches. REALLY GOOD (and know Xs and Os). Snake oil, bag men... AAU kickbacks whatever they were doing it brought the talent. Rollie Massimino, PJ Carlismo, John Thompson, Jim Calhoun, Jim Boehiem, Lou Carnesseca, Rick Pitino, Nolan smith, Judd Heathcote,Tom Izzo, Bobby Knight, Tubby Smith, John Calipari, Lute Olson, Lefty Driesell, Lou Henson, Bill Frieder, Gary Williams, purdue had some teams too...

Look at the ACC. Some guy named Coach K; Dean whats his name..... Jimmy V...

What programs had rise and fall? COMPETE Temple - - Jim Cheney; UMASS - John Calipari; Rhode Island Tom Penders; helll Harrick at UCLA and URI.....Billy whats his name of gator fame.

When you look at what BAMA is putting into its athletics ie...$$$$ (encompasses everything)..... its hard to ignore that the results seem to be a result of throwing some $$$$ at it. Nick Saban... Damned good coach; proven winner. Do you think BAMA is as successful pouring the money into the program if Mike Shula is the head coach? NOPE he's one of the reasons that they DO pay, have the facilities and pay their coaches. Oats was pretty highly regarded before being hired and it looks like he is delivering.

Have we given Crean enough time? Resources capping success? I mean he was delivered teams into the tourney before....... why not now?

Do we need to find that young Coach K or Oats?

There are a lot of dynamics involved and none are the absolute answer - a Coach with Xs and Os, charisma and is a closing recruiter can get the thing rolling.

I'm a homer and want us to win at everything EVERYTHING. When I take the 50K foot look - there shouldn't be any reason that the AA can't attract the best coaches, provide the best facilities, support staff and salaries on par with the best.
21 B2B 22
HBTFD
UgaBoz53
How long do you want to ignore this user?
great write up!
ATLSTNMTN53DAWG
bhdawg
How long do you want to ignore this user?
Back in the Hugh Durham, Tevester , Slony days , it was recruiting and coaching. If there was an aau tourney somebody was there with Tevester . Get in with the aau coaches in Atlanta and move on. Dont know but Chad Dollar if he is kin or the son of a aau Dollar we should be in with the aau boys in Atlanta already. Crean should take the Smart attitude and go after instate stars and then out of state if needed.. Great post Dean , AFD keep it up .
PaulWesterdawg
How long do you want to ignore this user?
It's going to take a break through class that isn't anchored by a 1 and done. But that takes a coach. That takes money. So you could argue that AFD is right about all of this.

Except that when we hired Fox, he got Top 20-25 money at date of hire.

When Crean started in 2018, he was tied for 15th in salary. He was $280k away from 11th place. That's less than 10%. He has not delivered Top 15 results. So...you know...money was spent. Checks were cashed.

The wins haven't flowed through though.
Refresh
Page 2 of 2
 
×
subscribe Verify your student status
See Subscription Benefits
Trial only available to users who have never subscribed or participated in a previous trial.