Is Tennessee football the SEC’s Greece?

Tennessee football looks to be a third world economy with massive debt, large debt service and small reserves.

M assive debt and a dysfunctional economy could describe Greece or Tennessee football. The Volunteers have over $200 million in debt and reserves of $1.95 million, according to Sports Business Daily. Debt service is $21 million per year. You must read this report explaining the fiscal problems facing the Tennessee Volunteers.

As the Volunteers grapple with debt, attendance has plummeted. According to the same report, Tennessee attendance averaged as high as 107,593 in 2005, but fell to only 89,965.

With this much turmoil, how long until the IMF is forced to intervene? There looks to be a serious balance of payments problem in Tennessee’s football model.

Perhaps the World Bank could create a plan to loan money to the struggling third-world football realm now known as Knoxville.

Part of Tennessee’s trouble comes from firing coaches.

The Volunteers paid Phillip Fulmer a buyout of $6 million when it terminated him in 2008. Derek Dooley was owed a buyout of $5 million when the Vols fired him in 2012. Chris Low provides a breakdown of SEC coaching buyouts since 2007 on the ESPN website.

Sports Business Daily provides even more details on the buyouts. According to the report, a total of “$11.4 million in buyouts to fired coaches in football, basketball and baseball, as well as administrators. Hamilton walked away in 2011 with a $1.335 million buyout.”

Third world is an apt description of Tennessee football. The program has lacked real leadership and vision. With coaches like Lane Kiffin and Derek Dooley in the post-Fulmer era, the Volunteers are a laughingstock. In fact, perhaps it is an insult to Greece to be compared with Tennessee football.

27 Responses to “Is Tennessee football the SEC’s Greece?” Subscribe

  1. DES January 28, 2013 at 3:27 pm #

    I’ll make one. Wont be long before IV gets here. RTR.

  2. CRIMSON HAMMAH January 28, 2013 at 3:56 pm #

    tn is dead forever in the tv era

    • Indiana Vol January 30, 2013 at 1:05 pm #

      Just keep thinking that; TURD!

  3. CRIMSON HAMMAH January 28, 2013 at 3:57 pm #

    nebraska is dead as well but they will be able to hide it playing in the big 10….

  4. ITK January 28, 2013 at 8:21 pm #

    RIP Tennessee. Wish I could say I miss you.

  5. Chuch January 28, 2013 at 10:35 pm #

    Couldn’t happen to a more deserving school. Great to see them inflict on themselves what they tried so hard to inflict on us. They did manage to destroy one school. It is fun to watch them suffer. I ve gotten to introduce my fifth child to the pleasure of singing the rammer jammer in Neyland Just never anyone there to hear it

    • Indiana Vol January 30, 2013 at 1:08 pm #

      I have a suggestion where you can stick that rammer jammer, ASSWIPE!

      Bammer Cheats and will be in hot water with the NCAA sooner or later. The S.W.A.T.S. story is going to unravel on the Crimson TURD!

      • WhoreEagle January 30, 2013 at 3:46 pm #

        Wake me when it actually happens…

  6. BamaDon January 29, 2013 at 4:59 am #

    Karma is a BITCH!!!
    Indy Vol your university is a TRAIN WRECK!!!
    RTR

    • Indiana Vol January 30, 2013 at 1:09 pm #

      Bammer Moron DON,

      You are a dumbass!

      And Bammer still CHEATS!

  7. RM January 29, 2013 at 6:15 am #

    Hand me the shovel, I want to throw some more dirt on the rancid carcass!!!! RTR

    • Indiana Vol January 30, 2013 at 1:10 pm #

      UP your RM,

      You are just another goat-humping, inbred, mullett-wearing BAMMER TURD!

      • RM February 7, 2013 at 10:50 am #

        Indy vile, Tenn through and through. HaHa

  8. WhoreEagle January 29, 2013 at 6:48 am #

    Johnny Majors and Bill Battle are laughing their ass off, right now.

  9. Ricky B January 29, 2013 at 5:22 pm #

    I was broke once – couldn’t drive – had to start delivering pizzas on a bicycle… Will their football coach do that – or will it be the players???

  10. Chuch January 30, 2013 at 1:36 pm #

    The vile has awakened. I just got a property tax notice on those seats I own in Neyland. Evidently not enough viles want to own any of that mess. Tear down Neyland and build something on the uab scale and sell that crappy stadium with no bathrooms or concessions or room to breathe for scrap to pay that debt

    • Indiana Vol January 30, 2013 at 2:16 pm #

      You don’t own sh*t MORON, other than about 2 teeth in that inbred, redneck, goat-humping head!

      Take your tax notice and stick it where the sun dont shine

      • capstonereport January 30, 2013 at 2:42 pm #

        You simply have to love a Tennessee Volunteer fan calling someone a redneck and inbred.

        You got electric lights up there on Rocky Top? Still get your corn from a jar?

        • Indiana Vol February 1, 2013 at 12:38 pm #

          Everytime the Crimson TURD and its slimy fans come to Knoxville, it takes a month to rid Tennessee of the stench left by you redneck inbreds!

  11. Chuch January 30, 2013 at 6:02 pm #

    Hey vile 6 in a row with no sign of stopping. How s that recruiting class going? Caught up with vandy yet?

    • Indiana Vol February 1, 2013 at 12:39 pm #

      Hey dumbass,

      How’s the candle working in your double-wide?

  12. Hate Smurf Coach January 30, 2013 at 11:56 pm #

    Typical ITK kick em when they are down post with all the other necks kicking the ribs. Can’t wait till you are bottom feeders again. I will show no mercy as you goobers haven’t.

    Blow tide down your moms hatch.

    • WhoreEagle January 31, 2013 at 11:01 am #

      Watch out everyone! Hate is going to “show no mercy”!

      I admit the last line was very poetic. It shows how he expresses his own feelings about his own mother and how society will look down him if he gives in to that urge.

      It says so little, yet says so much. Beautiful.

  13. BamaDon January 31, 2013 at 2:52 am #

    Indy Vol you stupid SOB!!!!!
    Glad to have you back!!!!
    ENJOY VANDY’S ASS BEATING!!!
    GET READY FOR 7 YEARS IN A ROW!!!
    RTR MF!!!!!!

    • Indiana Vol February 1, 2013 at 12:41 pm #

      Bammer Don,

      Just another tree-killing, teabagging, mullet-wearing, inbred, goat-humping, toothless Bammer MORON!

      BITE ME!

  14. kudzoo February 13, 2013 at 7:31 pm #

    You gotta love reading posts from the viles and the booger eaters as they watch The Mighty Tide dominating CFB while they suck like a bilge pump.

    Best part is that there’s no end in sight, Coach Saban is just getting warmed up.

Trackbacks/Pingbacks

  1. FAN REVIEW: Tennessee fans—From Class & Championships to Crybabies & Irrelevance | Capstone Report - February 19, 2013

    [...] Fast forward to 2012 and Tennessee has trouble filling up the stadium. In fact, Tennessee football attendance was 107,593 in 2005, but has fallen to 89,965 in 2012. You can read more about Tennessee’s decline here. [...]

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