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re: Tide Hoops | 31-6 (16-2)
Posted on 2/3/23 at 11:10 am to TheNameIsDalton
Posted on 2/3/23 at 11:10 am to TheNameIsDalton
Maybe it’s my jealousy coming through of the market for coaches compared to negotiations for the rest of the world 
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Posted on 2/3/23 at 11:10 am to Bryant91092
quote:
My only real complaint is that athletic directors let an agent bend them over time and time again. This deal is structured great for Oats and it guarantees there will be a renegotiation in another 2 years.
I think we’ve shown Oats that we are committed. We have now promptly rewarded him twice. He’s now making more than his biggest contemporary in Musselman (entered the league in the same year and has had similar success). He’s making slightly less than Pearl who has been at Auburn twice as long
We’re ready to up his salary again if this success continues and both parties know it
Posted on 2/3/23 at 11:12 am to mistaken4193
quote:
$12M is a massive CBB buyout. When Texas hired Beard his buyout was only $4M
His buyout at Texas Tech when Texas hired him was 4 million. His buyout at Texas was 21 million.
12 million isnt a high buyout.
This post was edited on 2/3/23 at 11:13 am
Posted on 2/3/23 at 11:14 am to CrimsonFever
Mussellmans buyout was, when signed in 2021, 7.5/2/1.
Oats, when signed, is 12/10/7.
So significantly higher and higher for longer.
Oats, when signed, is 12/10/7.
So significantly higher and higher for longer.
Posted on 2/3/23 at 11:16 am to Robot Santa
quote:
His buyout right now is more than $12 million. Giving him a raise with a reduced buyout would make no sense at all. If he demanded a reduced buyout during the negotiations, that tells you all you need to know about his future plans.
I think his current buyout before this extension was actually down to $9.83m. It was at $12.57m last season and after this season it was going to drop to $6.96m. Since this season is more than half over, you can basically say the buyout went up from $7m to $12m. It's not as much as I was hoping, but I wouldn't say it is a reduced buyout.
quote:
If he leaves during the 2021-22 season he'd owe Alabama roughly $12.57 million. That figure goes down to $9.83 million in 2022-23 before dropping to roughly $6.96 million in 2023-24 and $2.41 million in 2024-25. Oats does not have buyout in either of the two final years on his contract.
Posted on 2/3/23 at 11:16 am to SummerOfGeorge
quote:
It's slightly lower in year 1 ($12.5 vs 12) and slight higher in year 2 (9.8 vs 10.0) and exactly the same in year 3 (7).
It basically just reset the buyout to his last extension and gave him a massive raise. I guess my question is, what will it take to strike a deal that won't need to be revisited in 2 years? Because eventually you don't want to have to worry about it for a while.
Posted on 2/3/23 at 11:17 am to Robot Santa
quote:
I guess my question is, what will it take to strike a deal that won't need to be revisited in 2 years?
Posted on 2/3/23 at 11:19 am to SummerOfGeorge
quote:
Yea I feel like that's pretty good. It's silly for us to give him a lifetime deal and it's silly for him to basically lock in here forever too. This is a commitment for 2-3 years that basically says I'm here without discussion. Then in 2 years we revisit everything in terms of buyout.
And guess what......if we haven't built or started an arena in 2 years? He's gonna be having a different buyout convo. And with good reason.
Honestly, it's good for the fans. It means the arena will continue to be at the forefront, and it gives Byrne leverage selling the need for it.
100% agree on every point - well said.
Posted on 2/3/23 at 11:20 am to SummerOfGeorge
quote:
Posted on 2/3/23 at 11:21 am to SummerOfGeorge
Hers are some other buyouts from around CBB
Rick Barnes - 23 million
Chris Beard 21 millon (was)
Dana Altman - 19 million
Tony Bennett - 18 million
Brad Underwood 17 million
Mick Cronin - 16 million
Buzz Williams - 13 Million
Eric Musselman - 12 million
Pearl and Tony Bennett also have huge buyouts which have to do with paying whats remaining on their contract ect.
So 12 million is solid, but its less than the buyout in his last contract, which means Oats probably negotiated it lower.
Rick Barnes - 23 million
Chris Beard 21 millon (was)
Dana Altman - 19 million
Tony Bennett - 18 million
Brad Underwood 17 million
Mick Cronin - 16 million
Buzz Williams - 13 Million
Eric Musselman - 12 million
Pearl and Tony Bennett also have huge buyouts which have to do with paying whats remaining on their contract ect.
So 12 million is solid, but its less than the buyout in his last contract, which means Oats probably negotiated it lower.
This post was edited on 2/3/23 at 11:24 am
Posted on 2/3/23 at 11:22 am to SummerOfGeorge
Hopefully we get an announcement on that soon. It's certainly a big bargaining chip for Oats, and really for Byrne too I guess. He probably wants a new facility as much as anyone. There seems to be a lot of smoke out there about some recent positive momentum on that front at least.
Posted on 2/3/23 at 11:23 am to Robot Santa
Bama Basketball Twitter
quote:
Posted on 2/3/23 at 11:23 am to Robot Santa
George posted the arena but I don’t think that’d change the negotiation tactics from being an every two year thing. I mean if you look at any coaches around the country, as they have success they’re basically getting new deals every year or every other year. It’s an unbelievable and you’d think at some point an unsustainable market.
Posted on 2/3/23 at 11:23 am to CrimsonFever
A lot of those are due to coaches accomplishments/leverage and others are due to coaches previous job hopping.
Remember, those buyouts work both ways. Barnes wants the buyout high. He's not leaving at this point, but if he gets fired he gets everything on his salary.
Altman and Underwood exist because they've been finicky and left places quickly.
Buzz and Muss are pretty similar to Oats.
Remember, those buyouts work both ways. Barnes wants the buyout high. He's not leaving at this point, but if he gets fired he gets everything on his salary.
Altman and Underwood exist because they've been finicky and left places quickly.
Buzz and Muss are pretty similar to Oats.
Posted on 2/3/23 at 11:24 am to SummerOfGeorge
Oh yeah I just think it was probably Oats wanting a lower buyout instead of Byrne. Byrne would have given him more a bigger buyout than that this year ideally, he did on his last contract.
This post was edited on 2/3/23 at 11:25 am
Posted on 2/3/23 at 11:25 am to Bryant91092
quote:
George posted the arena but I don’t think that’d change the negotiation tactics from being an every two year thing. I mean if you look at any coaches around the country, as they have success they’re basically getting new deals every year or every other year. It’s an unbelievable and you’d think at some point an unsustainable market.
I agree. But on the flip side, it's also a check on coaches getting stale. Kentucky gave Cal the world in perpetuity and now they want to fire him. Whoops.
Your job status can go from rock solid to flailing in the wind in a 24 months period. It makes sense that these guys want to strike when they can and get the best deal they can, because in 2 seasons you could be out on the street.
This post was edited on 2/3/23 at 11:26 am
Posted on 2/3/23 at 11:27 am to CrimsonFever
quote:
His buyout at Texas Tech when Texas hired him was 4 million. His buyout at Texas was 21 million. 12 million isnt a high buyout.
Nobody ever pays that high for a CBB buyout. Not a lot would even pay a $7M CBB buyout
Posted on 2/3/23 at 11:27 am to SummerOfGeorge
RollTide.com (nothing really new, but it’s the official announcement)
Alabama Head Basketball Coach Nate Oats Agrees to Contract Extension Through 2029
Alabama Head Basketball Coach Nate Oats Agrees to Contract Extension Through 2029
Posted on 2/3/23 at 11:27 am to SummerOfGeorge
Very true, but the agents make sure that street is gold plated
Posted on 2/3/23 at 11:28 am to CrimsonFever
quote:
Oh yeah I just think it was probably Oats wanting a lower buyout instead of Byrne. Byrne would have given him more than that, he did on his last contract.
His buyout is now at $12m instead of the $7m it was going to be at the end of the season. That isn't a reduced buyout in my book.
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