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Chris Low - UCLA offering Barnes $5 million per; Barnes conflicted

Posted on 4/8/19 at 1:53 pm
Posted by AHM21
Member since Feb 2008
24467 posts
Posted on 4/8/19 at 1:53 pm
quote:

UCLA has offered Rick Barnes $5 million a year, and Tennessee has also come to the table with a new deal, sources tell ESPN. Barnes is wrestling with the decision. He loves living in Tennessee, but the chance to restore UCLA to its past glory is enticing.



quote:

Barnes has been at Tennessee since the 2015-16 season and led the Vols to the Sweet 16 this season and a share of the SEC championship a year ago. Barnes signed a contract extension in September at Tennessee running through the 2023-24 season that paid him $3.25 million this season and was scheduled to increase by $100,000 each year of the deal until reaching $3.75 million in 2023-24. His current buyout at Tennessee is $5 million.


LINK
This post was edited on 4/8/19 at 3:06 pm
Posted by cardboardboxer
Member since Apr 2012
34330 posts
Posted on 4/8/19 at 1:54 pm to
Lol if he turns down UCLA then its official they are a dead program.
Posted by AA7
Birmingham, AL
Member since Nov 2009
26679 posts
Posted on 4/8/19 at 1:55 pm to
quote:

UCLA has offered Rick Barnes $5 million a year

Chump change in LA
Posted by NYCAuburn
TD Platinum Membership/SECr Sheriff
Member since Feb 2011
57002 posts
Posted on 4/8/19 at 1:56 pm to
12.3% income tax bracket in cali on that $5 million vs zero in Tenn. $625k off the top to start
Posted by WilliamTaylor21
2720 Arse Whipping Avenue
Member since Dec 2013
35928 posts
Posted on 4/8/19 at 1:57 pm to
Just got off the phone with Rick. He told me he gone.
Posted by sand mountainDvalues
Member since Oct 2018
8718 posts
Posted on 4/8/19 at 1:57 pm to
That $5m is roughly equivalent to $3m in Knoxville, which is less than he’s making.


He wants more money for his assistants here.
This post was edited on 4/8/19 at 1:58 pm
Posted by NYCAuburn
TD Platinum Membership/SECr Sheriff
Member since Feb 2011
57002 posts
Posted on 4/8/19 at 1:58 pm to
quote:

Just got off the phone with Rick. He told me he gone.


"rick"

Posted by tylerdurden24
Member since Sep 2009
46409 posts
Posted on 4/8/19 at 2:04 pm to
Tennessee is tossing around money to keep good coaches and wonders why the Haslams own their athletic department.
Posted by David Ricky
Hailing From Parts Unknown
Member since Sep 2015
24170 posts
Posted on 4/8/19 at 2:07 pm to
quote:

Tennessee is tossing around money to keep good coaches and wonders why the Haslams own their athletic department.


The ReVOLution led by the god damn Battle Captain overthrew the Haslams in November 2017
Posted by 1999
Where I be
Member since Oct 2009
29121 posts
Posted on 4/8/19 at 2:07 pm to
Financially that is a bad deal for Barnes.
Posted by Hogwarts
Arkansas, USA
Member since Sep 2015
18043 posts
Posted on 4/8/19 at 2:08 pm to
Posted by Supravol22
Member since Jan 2011
14409 posts
Posted on 4/8/19 at 2:17 pm to
Technically, that's a pay cut compared to current salary if you look at taxes and cost of living.

It's obviously not about money at this point.
Posted by bigDgator
Dallas, TX
Member since Oct 2008
41129 posts
Posted on 4/8/19 at 2:30 pm to
quote:

UCLA has offered Rick Barnes $5 million a year


5 mil a year in Cali is like 4 mil a year in Tex or Fla. Not sure of the tax sitch in Tenn.
Posted by 1BIGTigerFan
100,000 posts
Member since Jan 2007
49073 posts
Posted on 4/8/19 at 2:32 pm to
quote:

Just got off the phone with Rick. He told me he gone.

You're putting in a lot of overtime today. Thanks for your hard work.
Posted by Cadello
Eunice
Member since Dec 2007
47791 posts
Posted on 4/8/19 at 2:34 pm to
I support Tennessee in keeping Barnes.
I want the SEC to be strong across the board.
Posted by sand mountainDvalues
Member since Oct 2018
8718 posts
Posted on 4/8/19 at 2:34 pm to
There is no income tax in GOD’s country and it has been posted that $5m in LA is equivalent to $3-3.1m in Knoxville, but I am far too lazy to do the calculations muhself.


It all has to do with his $ for assistant coaches
Posted by Robert Goulet
Member since Jan 2013
9999 posts
Posted on 4/8/19 at 2:36 pm to
Hearing Barnes is conflicted mostly because the early bird special scene is much better in Knoxville. S&S Cafeteria was specifically mentioned.
Posted by rebelrouser
Columbia, SC
Member since Feb 2013
10568 posts
Posted on 4/8/19 at 2:37 pm to
He wold need to live in Westwood or nearby Brentwood or Belair. Super expensive.
Posted by TigahJay
New Orleans
Member since Sep 2015
10545 posts
Posted on 4/8/19 at 2:38 pm to
UT sources saying that Barnes is mad Fulmer didnt show up to his coach of the year ceremony
Posted by bigDgator
Dallas, TX
Member since Oct 2008
41129 posts
Posted on 4/8/19 at 2:39 pm to
I think there is. I was thinking these were the only states without income tax.
Wyoming
Washington
Texas
South Dakota
Nevada
Florida
Alaska

And Tennessee has a pretty high sales tax rate as well. 2nd behind Louisiana.
Louisiana 9.98%
Tennessee 9.46%

Could be wrong as I think this is from 2018.

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