What a financial disaster this is. The first mistake was firing Bowden with 2 years left on his contract, $630,000 down the drain. Can we bring him back for next year since we’re still paying him another year?
The second mistake was hiring Tom Arth away from the University of Tennessee at Chattanooga with a $370,000 buyout clause.
The third and biggest mistake was giving Tom Arth a 5 year deal at $500,000 per year. He wasn’t doing anything spectacular at the University of Tennessee at Chattanooga to merit that kind of money.
This is a financial disaster and there’s no way to fix it other than enduring the pain for the next 3-4 years. The only thing to do is cut costs.
No matter how bad Tom Arth does, even if he goes 0-12 in 2020, he’ll be back again in 2021 and 2022, regardless of going 0-12 3 years in a row. It’s unreal how he got an underserved $2million contract. What was the University thinking???
I’m so grateful that I graduated in 2008 and don’t have to pay for this crap. I feel bad for the students that do. What a disaster this is.
Those that wanted Bowden fired, this is all on you. I hope you’re happy.
Source on financial figures: https://www.crainscleveland.com/kevin-kleps-blog/hiring-new-football-coach-tom-arth-costly-short-term-akron-banking-future-gains