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Welcome To Hell - Gus Contract
Posted on 10/13/18 at 5:04 pm
Posted on 10/13/18 at 5:04 pm
2 more years of this shite unless Tim Cook shows mercy
7
Posted on 10/13/18 at 5:15 pm to MrLarson
Gus lost home games to Orgeron and Pruitt.
This guy is a joke if I've ever seen one.
This guy is a joke if I've ever seen one.
Posted on 10/13/18 at 5:18 pm to MrLarson
How much more do we owe to the assistants if we fire him?
Posted on 10/13/18 at 5:21 pm to MrLarson
Market Rate, baws!
Posted on 10/13/18 at 5:23 pm to StringedInstruments
I haven't looked that up
10 mil
Looking at TUF one has to hope that some of the anon boosters have real FU money
10 mil
Looking at TUF one has to hope that some of the anon boosters have real FU money
Posted on 10/13/18 at 5:40 pm to MrLarson
I'd be really interested in transcripts of the negotiations of that deal.
And the debate in the BOT prior to its approval. If any.
And the debate in the BOT prior to its approval. If any.
Posted on 10/13/18 at 5:46 pm to FearlessFreep
I call BS on the Cook thing....plenty of people has the money at Auburn. If we want him gone than he will be gone
Posted on 10/13/18 at 5:46 pm to MrLarson
So the buyout is only $30 million. 2.5x what we paid Chizik and Tubs combined.
Posted on 10/13/18 at 5:56 pm to AubieG
quote:
I call BS on the Cook thing....plenty of people has the money at Auburn. If we want him gone than he will be gone
Go look at TUF's
Oaks foundation(1 mil donors) has 33 people listed.
Someone with FU money will have to swing a big dick and buy him out.
Posted on 10/13/18 at 6:06 pm to AubieG
quote:
plenty of people has the money at Auburn. If we want him gone than he will be gone
Extremely few people have "Let's drop $1mil just to fire a coach" money.
I'd point out though, if we look to grab a coach in the $2-2.5mil range, the impact is timing of cash flows and not total cost
To pay Gus for remaining 6 years = $42mil roughly
To fire Gus for a $2mil/6 yrs = $43 mil roughly
The difference really comes that we'd have to pay Gus up front instead of over remaining 6 years
This post was edited on 10/13/18 at 6:13 pm
Posted on 10/13/18 at 8:36 pm to MrLarson
Lumber and building products are booming, yella fella needs to write a check. Even if his hand chosen replacement is Houston Nutt like he wanted after Tubs.
Posted on 10/13/18 at 8:48 pm to GenesChin
It is very wreckless that an educator gets to sign off these multi million dollar contracts.
I expect them to atleast get a good idea of the coach, but knowing the schemes of a team isn't what they're hired to do.
The college coaching buyout and contract process seems totally wreckless. The people signing off on this are a president/educator and rich business people.
I expect them to atleast get a good idea of the coach, but knowing the schemes of a team isn't what they're hired to do.
The college coaching buyout and contract process seems totally wreckless. The people signing off on this are a president/educator and rich business people.
Posted on 10/13/18 at 8:57 pm to Rhino5
I believe the following information to be true. The money folks will find the money. We will have to go after an unproven coach, 2-3 million dollar range. The $16 million owed now has been collected. We then pay Gus 5 million a year and a new coach 3 million. Gus is NOT SAFE.
Rumor is Gus will fire Chip tomorrow. (I am not confident in this one)
Rumor is Gus will fire Chip tomorrow. (I am not confident in this one)
Posted on 10/13/18 at 8:59 pm to MrLarson
quote:
Welcome To Hell
Posted on 10/13/18 at 9:58 pm to GenesChin
quote:
To pay Gus for remaining 6 years = $42mil roughly
To fire Gus for a $2mil/6 yrs = $43 mil roughly
We pay Gus 75% in 30 days,baw.
Remainder over 6 years
It's a damn title loan contract.
Posted on 10/14/18 at 8:58 am to allin2010
Let's assume this is true. The person who approved his contract needs to be fired on the spot. And someone else mentioned it in another thread. Just roll with our current staff. Chip as OC, TWill as DC and Steele as HC. Reevaluate after next season. No reason to get in bed with another long term contract.
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