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re: NCAA President - no sympathy for coaches, not favorable to transfer restrictions
Posted on 2/20/24 at 5:02 pm to UsingUpAllTheLetters
Posted on 2/20/24 at 5:02 pm to UsingUpAllTheLetters
quote:
"One of the things I hear from kids when I talk to them about this issue is, 'Coaches walk out on their contracts. What about us?''
Something tells me that the idea of having to pay money to terminate a contract early would come as a huge shock to a lot of these guys. If they had to pay back 20% of the value of their NIL deals to be able to transfer without getting sued for breach of contract it might actually fix a lot of the problems.
Posted on 2/20/24 at 5:18 pm to Robot Santa
quote:Exactly. The current conversation is framed around a misunderstanding of a coach’s contractual obligation, and it is apparently assumed by most that coaches are free to leave a job Willie nillie without buyouts coming into play.
Something tells me that the idea of having to pay money to terminate a contract early would come as a huge shock to a lot of these guys. If they had to pay back 20% of the value of their NIL deals to be able to transfer without getting sued for breach of contract it might actually fix a lot of the problems.
This post was edited on 2/20/24 at 5:20 pm
Posted on 2/20/24 at 5:19 pm to Robot Santa
This may seem like a solution but it just means they would ask for even more money to transfer to make up for what they lose.
It doesn't deter coaching searches that much unless the penalty or buyout is over $10 million... so I don't see it stopping boosters who are already paying these kids hundreds of thousands (if not a couple million).
It doesn't deter coaching searches that much unless the penalty or buyout is over $10 million... so I don't see it stopping boosters who are already paying these kids hundreds of thousands (if not a couple million).
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