Darren Rovell of ESPN tweeted out last night that as of January 1st, Mack Brown’s contract buyout was reduced from $3.5 million dollars to $2.75 million dollars. Here is Darren Rovell’s tweet:
Four days ago, Mack Brown’s buyout dropped from $3.5M to $2.75M twitpic.com/b3v32a
— darren rovell (@darrenrovell) January 5, 2013
Now we know why Deloss Dodds and the rest of the people in Bellmont were not willing to fire Mack Brown. Now why would the athletic department want to wait until the buyout was lower when Texas supposedly has all this money? Well for one thing, you never get rich by spending money on unnecessary things and the other thing is it looks back to fire a coach who wins 9 games in a season. Coaches know it takes time to implement their system on a program and if fans are ruthless and want to fire a coach for not winning a championship every season, a great coach is unlikely to go there because of the pressure and uncertainty.
Now with the price being lowered, Dodds can make a change and save some money while doing it.