quote:
Wrong. There are certainly other ways to tell if you overpaid than for the coach to admit they would have taken less, that was merely one example. When you are dealing with a unique good or service it is extremely difficult to determine if a person over paid or not. If the exact same good or service was available and someone else got it for less, then you could make that determination. You can't do that with unique goods or services.

With unique goods or services, usually you will not be able to tell if you overpaid until you either resell the good or service or by some other metric of production or return on the investment after the fact. To say that Alabama overpaid Avery Johnson implies that you know they could have gotten him for less right now. None of know that. Therefore, we will have to wait and see to make that judgment.

Sophistry bullshite that mangles economic terms.

If you want to misuse economics, then it is clear that he is overpaid. His value as judged by the market was that people were willing to pay him not to coach at back to back stops in his career. The market decided that his unique service of coaching was worth so little as to pay him not to do it for them any more. By that standard, he was overpaid no matter what.

In any event, to pay AJ on the level of those in the profession with much greater achievement in the college game is an objective overpayment.

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Posted by 14&Counting

Eugene, OR

Member since Jul 2012

37731 posts

Posted on 4/7/15 at 10:33 am to therick711

quote:
His value as judged by the market was that people were willing to pay him not to coach at back to back stops in his career. The market decided that his unique service of coaching was worth so little as to pay him not to do it for them any more. By that standard, he was overpaid no matter what.

LOL...Wut???....his value is what the market bears....nothing more and nothing less....that Bama overpaid is nothing more than your interpretation.

You need to keep in mind we are not simply looking to plug n' play another coach. If that were the case, we could go hire some assistant or another mid-major jerk-off no one outside of basketball circles ever heard of for $ 1 million a year....

We don't want to do that becuase we have a lot of money. We are trying to elevate and transform the culture and brand of the program and we think CAJ is the guy to take us to the next level. So, in Bama's estimation its an investment worth making.

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Posted by JuiceTerry

Roond the Scheme

Member since Apr 2013

40868 posts

Posted on 4/7/15 at 10:40 am to therick711

quote:
much greater achievement

Name all the former NBA Coaches of the Year now coaching in the SEC. Achievement as a basketball coach doesn't get any greater. I'm sure his Championship ring will scare away all the recruits, too.