So let’s not focus on just how bad Pitt bb has been since JD’s departure , I think it’s safe to say there’s absolutely no one who would argue any different . Let’s talk the economics of a coaching change at Pitt .
Pitt owes JC roughly 15 million (gazillion) dollars payable over the next 5 yrs .
If Pitt sells their average full season ticket plans for $1500.00 /per ( with donation ) the first 2000 ( season tickets ) sold for each of the next 5 yrs is used just to pay for JC’s salary if they fire him .
Pitt then somehow hires a coach who moves the needle for 4.5 million/yr , that’s an additional 3000 ST that need to be sold yearly .
This coach requires top flight assistants , now Pitt needs to come up with an additional $1.5 million for their salaries, that’s another 1000 ST that need to be sold .
So just to pay for JC , the new HC and his staff Pitt needs to sell an average of 6000 full ST for the next 5 yrs to just break even .
The $60,000 question is would Pitt sell a total of 30,000 full ST over the 5 yrs with the announcement of Rick Pitino or Bruce Pearl type as the new HC ? I don’t think so , sure there would be a bump , but I think until Pitt proves that theyre a tournament team the fans will be very hesitant to return . It’s much easier to lose a customer than to acquire one .
Hire an unknown up and comer I think Pitt could suffer a decrease in their season ticket base .
Financially Pitt is far ahead by keeping JC and hope he can turn it around in a couple yrs before they consider moving on . Unless they can find someone so passionate enough about Pitt bb to write a huge check JC is going nowhere .
Pitt owes JC roughly 15 million (gazillion) dollars payable over the next 5 yrs .
If Pitt sells their average full season ticket plans for $1500.00 /per ( with donation ) the first 2000 ( season tickets ) sold for each of the next 5 yrs is used just to pay for JC’s salary if they fire him .
Pitt then somehow hires a coach who moves the needle for 4.5 million/yr , that’s an additional 3000 ST that need to be sold yearly .
This coach requires top flight assistants , now Pitt needs to come up with an additional $1.5 million for their salaries, that’s another 1000 ST that need to be sold .
So just to pay for JC , the new HC and his staff Pitt needs to sell an average of 6000 full ST for the next 5 yrs to just break even .
The $60,000 question is would Pitt sell a total of 30,000 full ST over the 5 yrs with the announcement of Rick Pitino or Bruce Pearl type as the new HC ? I don’t think so , sure there would be a bump , but I think until Pitt proves that theyre a tournament team the fans will be very hesitant to return . It’s much easier to lose a customer than to acquire one .
Hire an unknown up and comer I think Pitt could suffer a decrease in their season ticket base .
Financially Pitt is far ahead by keeping JC and hope he can turn it around in a couple yrs before they consider moving on . Unless they can find someone so passionate enough about Pitt bb to write a huge check JC is going nowhere .