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$3.5-4.5 million/ year gets you a VERY good coach That isn't the real issue. The real issue will be how much GT will give the next coach for assistants and support staff.
I've been preaching this forever. Want to know how Harbaugh changed Stanford? They gave him the money to hire the best assistants and keep them happy enough to stay. Our problems have mainly been programmatic in that we don't spend enough to stay competitive in the modern NCAAF market.