http://www.bloomberg.com/apps/news?pid=20601039&sid=abdoqoaxMIls
Notre Dame Football Can End Coaching Arms Race: Scott Soshnick
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Thanks to an indefensible extension awarded by White, the former athletic director, Weis is under contract through 2015. And he’s owed about $18 million. Talk about your buyout bonanzas.
That money could have gone to things like pay for scholarships, professors or infrastructure.
If Notre Dame, where academics actually matter, even for athletes, is about to embark on yet another coaching search, I suggest they proceed with one person in mind: the late National Collegiate Athletic Association President Myles Brand.
It was Brand, the first college president to lead the NCAA, who time and again voiced concern over what he called an arms race for coaching salaries in revenue-generating sports like football and basketball.
Imagine if Notre Dame established at the outset of its search a salary limit of, let’s say, $1 million. Just because you spend more doesn’t mean you’re getting better.
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For my part, the lesson I take away is “You ain’t gonna be around long”.
I’ve learned that lesson. Even if you’re diligent, work hard, keep your nose clean, you’re going to get screwed.
An inept boss, a treacherous one, and even a good one, isn’t enough to save you.
So what is the strategy and tactics that you should adopt to minimize the damage?
Make no mistake, there will be damage!
Strategies:
- Ruthless financial discipline. (Small leaks and big leaks need to be stopped cold.)
- Realistic emergency fund ready. (Double your expected unemployment time.)
- Never ever stop networking. (Remember your new job is to find your next job.)
Tactics:
- Keep helping folks via social networking like LinkedIn and Facebook.
- Seek exposure — blog, speak, coach — inside and out.
- Document your “lessons learned” regardless if you share them or not.
- Continue — or begin — collecting McKay66 sheets on EVERYONE. (JibberJobber anyone?)
Summary:
Thanksgiving is the holiday that focuses on turkeys. This big turkey knows of what he speaks. He’s had his tail feathers plucked numerous times.
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Reinke Faces Life 