Friday, January 30, 2009

Dave Braine will keep screwing GT...for eternity

I've often felt that GT's former Athletic Director Dave Braine was the best thing to ever happen to the UGA vs. GT series. He was like a one man wrecking ball of incompetence hell bent on bringing their program to its financial and athletic knees. He was in charge of such brilliant decisions as:
  • Investing $65+ million for additional seats at Bobby Dodd Stadium for rival fans
  • Monitoring GT eligibility requirements into a 4 sport NCAA violation
  • Extending Chan Gailey's contract in the face of total mediocrity
  • Announcing that GT would never be consistently good in football
But all of that compares to the contract Paul Hewitt signed before Braine retired which apparently makes him the defacto Georgia Tech Basketball Coach for Life...unless Tech is willing to spend over $9 million to terminate him.

The AJC reports that Hewitt is on an automatic rollover six year deal which must be paid in full if Hewitt is terminated. The contract's current value is over $9 million.

(Image Caption: "I'm Invincible Nerds!)

Tech is too cash strapped due to reckless brilliant financial decisions made by Braine to even consider biting into that buyout. If they do bite it into, they'll be further cash poor.

I wish Dave Braine nothing but the best of health and many more years of happiness. But it looks like long after he's gone, he'll still be giving Tech fans the business.

The Best Part of This Story:
Hewitt's agent is...wait for it...Mark Carmony, University of Georgia Class of 1991. Georgia Tech, home of the self-professed greatest minds in the Universe, got taken to the contractual woodshed by a Dawg. Outstanding.

Paul Hewitt, the Wizard of Techwood, is currently 0-6 in ACC play with #4 Wake Forest coming to town tomorrow. He's only 4-5 against UGA despite us fielding arguably 3 of our 4 worst teams in the past 30 years while Hewitt was at Tech.

Update: Bradley fixed his math. It's now at $7.175 million for the buyout instead of $9.5 million. Either way, it's more than GT can swallow right now.

See Also:
-- The Hive Reacts to the Contract

PWD

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