Sports 56 WHBlog Q

September 16, 2009

Tranghese equals very good Investment

Filed under: Uncategorized — Greg Gaston @ 5:37 pm

When making a financial decision you should always way your options. For what you are dishing out, are you getting equal or better value in return? In the case of the University of Memphis’ hiring of Mike Tranghese the answer is obvious….YES!
The former Big East Commissioner, who stepped down in June after 30 years on the job, is now a consultant for the University of Memphis. Tranghese actually started his association with the U of M in early August and will make $5,000 per month over the course of the next half year.
The hiring of the former Big East “Big Boss Man” brings instant credibility to the School’s pursuit of a spot in a BCS Conference. What could be better than to have a guy who has run a BCS Conference for 30 years? Not much. Tranghese can help direct buddy R.C. Johnson, School President Dr. Shirley Raines, and other school officials and Big Boosters as to what direction they need to go in. Should they dump a lot of money into the Football program? Would an On-Campus Stadium be a selling point to a BCS Conference? There are many questions that need to be addressed and answered, and Tranghese is the right guy to answer them. Tranghese also has plenty of pull. His word means a whole heck of a lot. This is the best move R.C. Johnson has made in some time.
Now the obvious question from everyone is “when can we expect some movement within the Conferences”? Tranghese has made it pretty clear that he doesn’t expect anything significant until the current Television contracts run their course, and even then, there are no guarantees. Now some will say this is a hire to quiet all the recent negativity surrounding the Tigers Football program and the recent NCAA investigation and sanctions. While it does give Memphis fans a little something to get excited about, this is a move of necessity to begin the process. It’s Johnson being proactive. It’s a move that already has one Orlando Columnist questioning whether or not Memphis pulled a fast one on the University of Central Florida.
Remember what I said earlier. When you are making a financial commitment of any size, you need to weigh the pro and cons before pulling the trigger. This one was a no-brainer.

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