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re: Buyout numbers for each SEC HC
Posted on 10/26/16 at 2:15 pm to cardboardboxer
Posted on 10/26/16 at 2:15 pm to cardboardboxer
quote:
Our frick up wasn't the total amount, it's the fact we have to pay it all in 30 days or some shite like that.
holy shite, is that really true? Why would any AD agree to that?
3
Posted on 10/26/16 at 2:21 pm to Crowknowsbest
quote:But you will have to extend him every year, unless you want your recruiting to absolutely tank.
Pretty sure Smart's is just a guaranteed contract, basically. Buyout would be nominal after 4 years if he didn't get extended in the meantime
Posted on 10/26/16 at 2:23 pm to FearlessFreep
quote:
But you will have to extend him every year, unless you want your recruiting to absolutely tank
Right, but if he starts to suck, then you can negotiate his buyout down as part of the extension. That's what happened with Richt.
Posted on 10/26/16 at 2:27 pm to lsufball19
quote:
holy shite, is that really true? Why would any AD agree to that?
He had us by the balls.
Posted on 10/26/16 at 2:41 pm to Crowknowsbest
quote:
quote:
But you will have to extend him every year, unless you want your recruiting to absolutely tank
Right, but if he starts to suck, then you can negotiate his buyout down as part of the extension. That's what happened with Richt.
That is what Auburn did with Gus this last off-season. Gus got a little more in salary for a reduction in buyout.
Posted on 10/26/16 at 2:42 pm to cardboardboxer
quote:
He had us by the balls.
how so? (serious question)
Posted on 10/26/16 at 2:44 pm to lsufball19
He could have left for USCw or ASU. Its not like he was bluffing with USCe like Herman was.
Posted on 10/26/16 at 2:46 pm to Weagle25
quote:
there's no reason for Bama fans to brag about Saban "not having a buyout" because he does.
He does, but it's hard to imagine a scenario in which it would actually be needed. You aren't going to fire Saban for performance and if something comes up NCAA related and you have to fire him then you negotiate down or eliminate the buyout.
It's almost like he doesn't have a buyout either way.
Posted on 10/26/16 at 2:46 pm to HempHead
quote:
Mark Stoops (Kentucky): $14,041,667
Drops considerably after this season, but it was a reflection of the administration to show stability at a time we were going all in on facilities, recruiting, and the staff. I don't have to agree to "understand" the why behind it.
Posted on 10/26/16 at 2:47 pm to joeyb147
quote:
Bret Bielema (Arkansas): $15,400,000
Posted on 10/26/16 at 2:51 pm to bamasgot13
quote:
it's hard to imagine a scenario in which it would actually be needed.
Bobby Bowden. Not saying it's going to happen but it eventually could.
quote:
You aren't going to fire Saban for performance and if something comes up NCAA related and you have to fire him then you negotiate down or eliminate the buyout.
You aren't going to negotiate a buyout down or eliminate it right before you fire him. That's preposterous.
Posted on 10/26/16 at 2:52 pm to Farmer1906
quote:
He could have left for USCw or ASU. Its not like he was bluffing with USCe like Herman was.
And the timing would have been worst case scenario given how the Texas job was also open that offseason.
Posted on 10/26/16 at 2:54 pm to cardboardboxer
And the fact he was 20-5 in first first 2 seasons.
Posted on 10/26/16 at 2:56 pm to joeyb147
How many schools besides LSU are currently paying alimony? Georgia? Auburn recently stopped.
Posted on 10/26/16 at 3:18 pm to lsufball19
quote:
Our frick up wasn't the total amount, it's the fact we have to pay it all in 30 days or some shite like that.
It was a risk. It almost cost us, but we're in the clear now. No chance that we'll need to fire him now until end of next season at the earliest, and the buyout will be down to 10 million at that point. And even that seems unlikely right now. We're in a good spot.
Posted on 10/26/16 at 3:19 pm to Farmer1906
quote:
How many of these aren't buyouts at all, but just a fully guaranteed contract.
My thoughts exactly. Saban does not have a buyout.
Posted on 10/26/16 at 3:22 pm to Weagle25
quote:
I know but they use it as our AD is a genius because we have the best coach in college football and we could still fire him for free. Obviously that's not the case but that's what they say.
No one believes you can fire Saban for free (outside of a violation of the contract). Saban can walk away at any time if he wants with no penalty.
Posted on 10/26/16 at 3:24 pm to Weagle25
quote:
You aren't going to negotiate a buyout down or eliminate it right before you fire him. That's preposterous.
No, but there are clauses in all coaches contracts about what, if anything, they are owed in the event of NCAA violations.
Posted on 10/26/16 at 3:30 pm to Hugh McElroy
I have always supported that extension. It was the moment when A&M said "we aren't a stepping stone for any other college program."
Posted on 10/26/16 at 3:48 pm to Weagle25
quote:
You aren't going to negotiate a buyout down or eliminate it right before you fire him. That's preposterous.
Under normal circumstances, you're right. However, MOST coaches have clauses about "with cause" terminations that include things like major NCAA violations, criminal charges, or other misconduct (IE Sarkisian at USC being fired for repeatedly showing up intoxicated) that make the school's required payment slim to none.
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