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Has a major program ever retained a coach with zero support because of the buyout cost?

Posted on 10/23/22 at 11:05 am
Posted by MillerLiteTime
Atlanta
Member since Aug 2018
2498 posts
Posted on 10/23/22 at 11:05 am
If so, when was the last time? I honestly can't think of a notable time it has happened after the support got as low as Fisher's. Even Auburn, while still paying Chizik's large buyout, canned Malzahn right after a big extension and huge buyout. I can't fathom how a program with any pride can retain a coach with 0% fan support purely because it can't afford otherwise.

Posted by goodgrin
Atlanta, GA
Member since Nov 2003
5886 posts
Posted on 10/23/22 at 11:09 am to
No. Unprecedented times now.
Posted by Errerrerrwere
Member since Aug 2015
38243 posts
Posted on 10/23/22 at 11:09 am to
The biggest laughing stock in all of college football.

I took a walk at the park this morning. Lots of Tulane gear on. One of those beautiful days in New Orleans.

I got to talking to some Tulane fans about their future bowl game. One of them said they hoped for aTm to be paired with them.

IF they could get enough wins

Swear to God...said IF Aggy could get enough wins. That's coming from a Tulane fan.

YIKES!
This post was edited on 10/23/22 at 11:10 am
Posted by SlicedBread
Member since Feb 2022
887 posts
Posted on 10/23/22 at 11:09 am to
A major program?
No.
This post was edited on 10/23/22 at 11:12 am
Posted by Cheer
Member since Sep 2021
5254 posts
Posted on 10/23/22 at 11:10 am to
Jimbo's contract may be the contract that changes the way universities structure contracts.
Posted by deeprig9
Unincorporated Ozora, Georgia
Member since Sep 2012
63906 posts
Posted on 10/23/22 at 11:10 am to
Buyouts are typically reduced by whatever that coach ends up making in their next job. So if your buyout is 10m a year for five years, and your next job is 4 m, then only 6m is owed. Also, there are clauses that require you to seek employment, you can't do what Ed O did, that was a special agreement and not typical.

Therefore, don't look at that buyout number for a coach as something you necessarily have to pay. Jimbo's could be different, I'm just commenting in general.
Posted by CarolinaGamecock99
Member since Apr 2015
21866 posts
Posted on 10/23/22 at 11:11 am to
It’s gonna get real interesting over the next few years. Are they gonna keep him around if nobody shows up to the games 3 years from now?

2022: $85,950,000
2023: $76,800,000
2024: $67,550,000
2025: $58,200,000
2026: $48,750,000
2027: $39,200,000
2028: $29,550,000
2029: $19,800,000
2030: $9,950,000
Posted by Cadello
Eunice
Member since Dec 2007
47795 posts
Posted on 10/23/22 at 11:11 am to
In the words of A&M fans :
Only poors worry about buyouts
Posted by CNB
Columbia, SC
Member since Sep 2007
95877 posts
Posted on 10/23/22 at 11:11 am to
Seriously, who sat down and was like "yeah this is a good idea"
Posted by CarolinaGamecock99
Member since Apr 2015
21866 posts
Posted on 10/23/22 at 11:14 am to
quote:

Buyouts are typically reduced by whatever that coach ends up making in their next job. So if your buyout is 10m a year for five years, and your next job is 4 m, then only 6m is owed. Also, there are clauses that require you to seek employment, you can't do what Ed O did, that was a special agreement and not typical

About that…

Posted by Crow Pie
Neuro ICU - Tulane Med Center
Member since Feb 2010
25299 posts
Posted on 10/23/22 at 11:14 am to
quote:

major program
Posted by TeddyWestside
Georgia
Member since Jul 2017
2872 posts
Posted on 10/23/22 at 11:18 am to
The contract A&M gave Jimbo amounts to administrative malpractice. Maybe you do that with a guy like Saban or Belicheck, and even then it’s ill-advised. Jimbo was never in that tier. He had two really good years with Jameis at FSU. That’s it.

Now they can’t fire him for years. Brutal situation. I feel bad for the Aggies.
Posted by MillerLiteTime
Atlanta
Member since Aug 2018
2498 posts
Posted on 10/23/22 at 11:19 am to
quote:

Buyouts are typically reduced by whatever that coach ends up making in their next job. So if your buyout is 10m a year for five years, and your next job is 4 m, then only 6m is owed. Also, there are clauses that require you to seek employment, you can't do what Ed O did, that was a special agreement and not typical.

Therefore, don't look at that buyout number for a coach as something you necessarily have to pay. Jimbo's could be different, I'm just commenting in general.


Generally speaking you are right. But Jimbo got the equivalent of Saban's unprecedented contract structure, with no buyout, no offsetting salary stipulations, etc. It's a pure X years with X money owed, period.
Posted by OlGrandad
Member since Oct 2009
3488 posts
Posted on 10/23/22 at 11:22 am to
Malzahn had the same clause in his contract with Auburn. This was done under the former AU president.
Posted by Draconian Sanctions
Markey's bar
Member since Oct 2008
84835 posts
Posted on 10/23/22 at 11:23 am to
quote:

I feel bad for the Aggies.


Lol no
Posted by Giantkiller
the internet.
Member since Sep 2007
20278 posts
Posted on 10/23/22 at 11:28 am to
LSU was playing 4D chess. They sent Scott Woodward there undercover to hamstring the Aggies with the shittiest contract of all time, setting their program back a generation.

Now all we have to do is just constantly laugh at them... It was all part of the divine plan.
Posted by IAmNERD
Member since May 2017
19182 posts
Posted on 10/23/22 at 11:31 am to
quote:

Even Auburn, while still paying Chizik's large buyout, canned Malzahn right after a big extension and huge buyout.

The fact that you think Auburn was still paying Chizik a month shy of 2021 is remarkably dumb.


Don't believe everything your Bammer buddies tell you at the plant. Auburn hasn't paid Chizik a dime in seven years.
This post was edited on 10/23/22 at 11:38 am
Posted by RazorBroncs
Harding Bisons Fan
Member since Sep 2013
13535 posts
Posted on 10/23/22 at 11:32 am to
quote:

Buyouts are typically reduced by whatever that coach ends up making in their next job. So if your buyout is 10m a year for five years, and your next job is 4 m, then only 6m is owed. Also, there are clauses that require you to seek employment, you can't do what Ed O did, that was a special agreement and not typical.

Therefore, don't look at that buyout number for a coach as something you necessarily have to pay. Jimbo's could be different, I'm just commenting in general.


Jimbo's contract does not have an offset clause like that, he is literally owed the full buyout no matter what. So he could get canned at A&M and retire, while still getting paid 25% of his full remaining contract within 60 days of his termination - then yearly payments up until 2030 or whenever his current contract expires.
Posted by FootsFanatic
Member since Aug 2021
1037 posts
Posted on 10/23/22 at 11:38 am to
quote:

Jimbo's contract may be the contract that changes the way universities structure contracts.


U actually think this will change anything? Good luck. Jimbo appears to be the 1st to be identified as a horrible contract but $100M+ seems to be becoming the norm...justified or not.

No doubt the people at the highest levels totally got ahead of their own feet with Fisher. Signs of his poor offense have been around since his FSU days.

Us Ags can only hope Jimbo has the ability to disrupt & change his thinking. Fire himself as OC and focus on what he does best. There are ABSOLUTELY NO EXCUSES for the on the field product. Unless you listen to the moron, Billy Luicci, at TexAgs.
Posted by LsuTool
Member since Oct 2009
34846 posts
Posted on 10/23/22 at 11:39 am to
Every offseason in Baton Rouge
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