<?xml version="1.0" encoding="UTF-8" standalone="yes"?><oembed><version><![CDATA[1.0]]></version><provider_name><![CDATA[Get The Picture]]></provider_name><provider_url><![CDATA[https://blutarsky.wordpress.com]]></provider_url><author_name><![CDATA[Senator Blutarsky]]></author_name><author_url><![CDATA[https://blutarsky.wordpress.com/author/blutarsky/]]></author_url><title><![CDATA[“You can’t look at the short&nbsp;term.”]]></title><type><![CDATA[link]]></type><html><![CDATA[<p>That&#8217;s our old buddy, <a href="https://www.washingtonpost.com/sports/colleges/college-sports-fastest-rising-expense-paying-coaches-not-to-work/2015/12/10/ec856b42-9d33-11e5-bce4-708fe33e3288_story.html" target="_blank">Damon Evans</a>, defending Maryland&#8217;s obligation to pay Randy Edsall a $2.6 million buyout after the school fired him.</p>
<p>It&#8217;s not like Maryland&#8217;s anything special in that department.</p>
<blockquote><p>&#8230; Severance pay is the top-rising expense for athletic departments at some of America’s largest public universities, according to a Washington Post review of thousands of pages of financial records from schools in the five wealthiest conferences in college sports.</p>
<p>In a decade, the total annual amount spent on severance by athletic departments at 48 public universities in the “Power Five” conferences increased from $12.9 million combined in 2004, adjusted for inflation, to $28.5 million in 2014. That 120 percent jump outpaced rises on larger athletic budget items such as facilities spending (89 percent), coaches pay (85 percent) and administrative-staff pay (69 percent).</p></blockquote>
<p>Jesus.  If you&#8217;d like to see a more graphic picture of the worst offenders, here you go.</p>
<blockquote>
<div class="subhead">Costly exercise</div>
<p>For athletic departments in the wealthy Power Five conferences that still finish the year with deficits, severance is often a factor. These 10 schools paid the most to former employees in 2014.</p>
<table width="100%" cellspacing="0" cellpadding="0">
<thead>
<tr>
<td align="left" valign="middle" width="33.33%">SCHOOL</td>
<td align="left" valign="middle" width="33.33%">SEVERANCE</td>
<td align="left" valign="middle" width="33.33%">2014 PROFIT/DEFICIT</td>
</tr>
</thead>
<tbody>
<tr>
<td align="left" valign="middle" width="33.33%">Auburn</td>
<td align="left" valign="middle" width="33.33%">$4,846,662</td>
<td align="left" valign="middle" width="33.33%">-$17,139,398</td>
</tr>
<tr>
<td align="left" valign="middle" width="33.33%">Oregon State</td>
<td align="left" valign="middle" width="33.33%">$4,143,888</td>
<td align="left" valign="middle" width="33.33%">-$16,015,415</td>
</tr>
<tr>
<td align="left" valign="middle" width="33.33%">Minnesota</td>
<td align="left" valign="middle" width="33.33%">$3,306,483</td>
<td align="left" valign="middle" width="33.33%">-$1,542,547</td>
</tr>
<tr>
<td align="left" valign="middle" width="33.33%">Illinois</td>
<td align="left" valign="middle" width="33.33%">$3,203,870</td>
<td align="left" valign="middle" width="33.33%">-$6,191,154</td>
</tr>
<tr>
<td align="left" valign="middle" width="33.33%">California</td>
<td align="left" valign="middle" width="33.33%">$2,403,280</td>
<td align="left" valign="middle" width="33.33%">-$4,828,054</td>
</tr>
<tr>
<td align="left" valign="middle" width="33.33%">Wash. State</td>
<td align="left" valign="middle" width="33.33%">$1,840,033</td>
<td align="left" valign="middle" width="33.33%">-$18,296,057</td>
</tr>
<tr>
<td align="left" valign="middle" width="33.33%">Kentucky</td>
<td align="left" valign="middle" width="33.33%">$1,436,204</td>
<td align="left" valign="middle" width="33.33%">$1,211,510</td>
</tr>
<tr>
<td align="left" valign="middle" width="33.33%">Indiana</td>
<td align="left" valign="middle" width="33.33%">$1,301,146</td>
<td align="left" valign="middle" width="33.33%">$4,282,047</td>
</tr>
<tr>
<td align="left" valign="middle" width="33.33%">Florida</td>
<td align="left" valign="middle" width="33.33%">$1,293,655</td>
<td align="left" valign="middle" width="33.33%">$10,612,847</td>
</tr>
<tr>
<td align="left" valign="middle" width="33.33%">Penn State</td>
<td align="left" valign="middle" width="33.33%">$1,265,927</td>
<td align="left" valign="middle" width="33.33%">$150,351</td>
</tr>
</tbody>
</table>
</blockquote>
<p>War damn eagle!</p>
<p>Remind me again why these guys think they&#8217;re smart.</p>
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