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re: so does Malzahn still get his 21 million though he has another head coaching job?

Posted on 2/16/21 at 9:24 am to
Posted by I Bleed Garnet
Cullman, AL
Member since Jul 2011
54846 posts
Posted on 2/16/21 at 9:24 am to
Jimmy Sexton

Did it for Muschamp too
Posted by I Bleed Garnet
Cullman, AL
Member since Jul 2011
54846 posts
Posted on 2/16/21 at 9:25 am to
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 by Leto II
Arrakis
Member since Dec 2018
21287 posts
Posted on 2/16/21 at 9:30 am to
quote:

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
quote:

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 by bamameister
Right here, right now
Member since May 2016
14129 posts
Posted on 2/16/21 at 9:30 am to
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 by Leto II
Arrakis
Member since Dec 2018
21287 posts
Posted on 2/16/21 at 9:39 am to
quote:

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 by BLG
Georgia
Member since Mar 2018
7142 posts
Posted on 2/16/21 at 9:43 am to
quote:

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 by AUTubaHerd
Member since Nov 2012
1345 posts
Posted on 2/16/21 at 9:51 am to
quote:

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 by I Bleed Garnet
Cullman, AL
Member since Jul 2011
54846 posts
Posted on 2/16/21 at 9:54 am to
quote:

Coach Saban has no buyout.

You sure about this?

quote:

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 by BLG
Georgia
Member since Mar 2018
7142 posts
Posted on 2/16/21 at 10:00 am to
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 by I Bleed Garnet
Cullman, AL
Member since Jul 2011
54846 posts
Posted on 2/16/21 at 10:05 am to
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



But also... why would the school owe him anything if he left or retired?
Posted by Leto II
Arrakis
Member since Dec 2018
21287 posts
Posted on 2/16/21 at 10:13 am to
quote:

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 by BLG
Georgia
Member since Mar 2018
7142 posts
Posted on 2/16/21 at 10:17 am to
quote:

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 by JustGetItRight
Member since Jan 2012
15712 posts
Posted on 2/16/21 at 10:21 am to
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.
Posted by bamameister
Right here, right now
Member since May 2016
14129 posts
Posted on 2/16/21 at 10:23 am to
quote:


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 by I Bleed Garnet
Cullman, AL
Member since Jul 2011
54846 posts
Posted on 2/16/21 at 10:23 am to
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 by BLG
Georgia
Member since Mar 2018
7142 posts
Posted on 2/16/21 at 10:30 am to
quote:

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 by I Bleed Garnet
Cullman, AL
Member since Jul 2011
54846 posts
Posted on 2/16/21 at 10:34 am to
quote:

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 by JustGetItRight
Member since Jan 2012
15712 posts
Posted on 2/16/21 at 10:43 am to
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 by I Bleed Garnet
Cullman, AL
Member since Jul 2011
54846 posts
Posted on 2/16/21 at 10:49 am to
quote:

I wonder how many other coaches have a similar clause?

I’d assume every single one of Jimmy Sexton’s clients
Posted by bamameister
Right here, right now
Member since May 2016
14129 posts
Posted on 2/16/21 at 10:49 am to
quote:


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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