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Posted on 2/16/21 at 9:25 am to Perfect Circle
quote:
Auburn pretty STUPID for allowing Malzahn to take another paying gig WITHOUT forfeiting his buyout from Auburn. Maybe UCF can get a game with Auburn and he can beat them WHILE being paid by them. That would be the ULTIMATE.
Alabama has the same thing with Saban
They’re not firing him though so it doesn’t matter
Posted on 2/16/21 at 9:30 am to BLG
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But yeah, I'd have to strongly moving to the lake house and watch the ducks get it on.
I think we all say we'd ride off into the sunset with our $30 million, but chances are we'd get bored too
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Then, some head coaches that have been fired want to prove themselves.
I think that is definitely Gus's MO. Rumor was that he was holding onto the Auburn job so tightly because he felt like it may be his last shot at an SEC job like that.
Posted on 2/16/21 at 9:30 am to I Bleed Garnet
quote:
Alabama has the same thing with Saban
They’re not firing him though so it doesn’t matter
Coach Saban has no buyout. If he wants to leave he owes BAMA absolutely nothing. If he leaves for another job or retires we owe him nothing. After 6 NCs it's the only 2 things that could happen at this point.
Posted on 2/16/21 at 9:39 am to bamameister
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After 6 NCs it's the only 2 things that could happen at this point.
I'm still holding out for him going to Texas
Posted on 2/16/21 at 9:43 am to Leto II
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I'm still holding out for him going to Texas
yeah. I remember a former Texas player on a Rivals board that swore it was a done deal and would shout down anybody that suggested it may not be.
I'm pretty sure Saban seriously considered it because I think the guy likes to build programs nearly as much as he likes recruiting, and he loves recruiting, but it was obviously never a done deal.
Posted on 2/16/21 at 9:51 am to Leto II
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You would think so, but that wasn't the case with that contract. That guy is UF's problem now.
If that’s true I don’t even blame Jay Jacobs. He can’t help being dumb.
I do blame the BOT for approving it.
Posted on 2/16/21 at 9:54 am to bamameister
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Coach Saban has no buyout.
You sure about this?
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If he leaves for another job or retires we owe him nothing
Of course you don’t
This post was edited on 2/16/21 at 9:58 am
Posted on 2/16/21 at 10:00 am to I Bleed Garnet
quote:
Coach Saban has no buyout.
You sure about this?
it may have changed by now but he didn't have a buyout when he signed on. A lot of rival fans mocked bammers, claiming it was a sure sign that he'd be gone by 3 years.
Posted on 2/16/21 at 10:05 am to BLG
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it may have changed by now but he didn't have a buyout when he signed on. A lot of rival fans mocked bammers, claiming it was a sure sign that he'd be gone by 3 years.
He now has a buyout.
LINK
But also... why would the school owe him anything if he left or retired?
Posted on 2/16/21 at 10:13 am to BLG
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A lot of rival fans mocked bammers, claiming it was a sure sign that he'd be gone by 3 years
Pretty sure I did that. Boy was I wrong!
Posted on 2/16/21 at 10:17 am to Leto II
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A lot of rival fans mocked bammers, claiming it was a sure sign that he'd be gone by 3 years
Pretty sure I did that. Boy was I wrong!
but actually, it was a legitimate point, or at least in most cases it may be. I remember being a little concerned about it myself.
Posted on 2/16/21 at 10:21 am to Leto II
But again, Sexton or any other agent isn't in a position to do any more than the AD will agree to do.
The lack of a mitigation clause is a prime example. It's an industry norm. All the AD had to do is say if you want the cash, this is in the agreement and it would have been done.
Nobody else was giving Gus $49 mil in 2017, much less a fully guaranteed $49 mil.
That's like being mad at Wal-Mart because you paid $1.75 for a coke out of the cooler when you could have got one out of the machine outside for 50 cents.
The lack of a mitigation clause is a prime example. It's an industry norm. All the AD had to do is say if you want the cash, this is in the agreement and it would have been done.
Nobody else was giving Gus $49 mil in 2017, much less a fully guaranteed $49 mil.
That's like being mad at Wal-Mart because you paid $1.75 for a coke out of the cooler when you could have got one out of the machine outside for 50 cents.
Posted on 2/16/21 at 10:23 am to I Bleed Garnet
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so does Malzahn still get his 21 million though he has another head coaching job?
quote:
it may have changed by now but he didn't have a buyout when he signed on. A lot of rival fans mocked bammers, claiming it was a sure sign that he'd be gone by 3 years.
He now has a buyout.
LINK
The school buyout has always existed. If Nick Saban is fired without cause he gets paid.
Posted on 2/16/21 at 10:23 am to BLG
quote:
but actually, it was a legitimate point, or at least in most cases it may be. I remember being a little concerned about it myself.
It could be a positive though.
Sure if he leaves he doesn’t owe you any money back
But if y’all sucked and you fired him, you don’t owe anything to him
Posted on 2/16/21 at 10:30 am to I Bleed Garnet
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It could be a positive though.
Sure if he leaves he doesn’t owe you any money back
But if y’all sucked and you fired him, you don’t owe anything to him
but the guy had built LSU from the 6th ranked SEC team since integration to a national title team. It was a good bet he was the real thing.
oh, and that wasn't counting Texas A&M. They were also behind them.
This post was edited on 2/16/21 at 10:31 am
Posted on 2/16/21 at 10:34 am to BLG
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but the guy had built LSU from the 6th ranked SEC team since integration to a national title team. It was a good bet he was the real thing.
Yes it was
Although I’m not really sure what the fear was. Long time ago and I was quite young, did people think he’d leave for another school?
Posted on 2/16/21 at 10:43 am to bamameister
quote:
Coach Saban has no buyout. If he wants to leave he owes BAMA absolutely nothing. If he leaves for another job or retires we owe him nothing.
Sorry but this is completely untrue.
If Saban leaves he owes Bama nothing. If he got fired (like that is happening), he is owed the remainder of his contract or 4 years of his salary whichever’s less.
Of course, Saban’s performance earned that type of contract.
Here’s his current contract.. You can find the buyout on page 26.
Interestingly, there is also a clause that says he must notify the university if he or his agent has contact with anyone about another job (college or pro). I wonder how many other coaches have a similar clause?
Posted on 2/16/21 at 10:49 am to JustGetItRight
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I wonder how many other coaches have a similar clause?
I’d assume every single one of Jimmy Sexton’s clients
Posted on 2/16/21 at 10:49 am to JustGetItRight
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Sorry but this is completely untrue.
If Saban leaves he owes Bama nothing. If he got fired (like that is happening), he is owed the remainder of his contract or 4 years of his salary whichever’s less.
I said, "coach Saban has no buyout." You said, "If Saban leaves he owes BAMA nothing."
I said, "the school has always had a buyout if he is fired without cause." You said, "If he got fired, he is owed the remainder of his contract."
We agree: Coach Saban has no buyout, the school has a buyout.
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