Started By
Message
re: Top 8 candidates for the UK job
Posted on 4/8/24 at 12:03 pm to AUTiger789
Posted on 4/8/24 at 12:03 pm to AUTiger789
Think the Oats buyout is more of a factor than people think. People keep comparing it to Calipari's $33m buyout, but that was going to be payable in equal installments through 2029. You could still pay a new coach a top 5-10 salary and pay the Calipari buyout. Stroking an $18m check is a different ballgame.
1
Posted on 4/8/24 at 12:13 pm to TideCPA
Agree the buyout is an issue. It depends though on if Oats actually wants the job or not, and if it’s about money.
Calipari was making $8.5 per year
Oats’ new contract is I believe $4.5
If Oats was willing to take a $4.5 salary at UK, then that $4 million per year savings pays off that buyout pretty quickly.
But if Oats were to demand $6-7 million to leave, the buyout becomes more complicated.
The way I see it, if UK and Oats have mutual interest, it could very well happen and the buyout wouldn’t be much of a problem.
But if Oats was only willing to take the job with a Calipari-sized salary, it’s likely not going to happen.
That’s why I think Scott Drew is the favorite right now.
Calipari was making $8.5 per year
Oats’ new contract is I believe $4.5
If Oats was willing to take a $4.5 salary at UK, then that $4 million per year savings pays off that buyout pretty quickly.
But if Oats were to demand $6-7 million to leave, the buyout becomes more complicated.
The way I see it, if UK and Oats have mutual interest, it could very well happen and the buyout wouldn’t be much of a problem.
But if Oats was only willing to take the job with a Calipari-sized salary, it’s likely not going to happen.
That’s why I think Scott Drew is the favorite right now.
Page 1 of 1
Popular
Back to top
Follow SECRant for SEC Football News