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I dont understand why these buyouts exist?
Posted on 10/6/17 at 11:51 am
Posted on 10/6/17 at 11:51 am
If you under perform, and put out a garbage product, your boss can and will fire you without paying you multi years worth of salary.
Why do these coaches and AD's have these buys out?
Will there be a restructure soon like the NFL did with the first round draft picks? I mean most of these recent hires are similar to how Oakland paid Jamarcus to straight up suck.
Why do these coaches and AD's have these buys out?
Will there be a restructure soon like the NFL did with the first round draft picks? I mean most of these recent hires are similar to how Oakland paid Jamarcus to straight up suck.
This post was edited on 10/6/17 at 11:53 am
9
Posted on 10/6/17 at 11:53 am to CarRamrod
Yeah I agree. Make Coach's contracts reflect the majority of the private sector.
Posted on 10/6/17 at 11:54 am to CarRamrod
Alleva was literally negotiating against himself for O's "services"
Posted on 10/6/17 at 11:55 am to CarRamrod
It protects the school as well. If someone wants to steal your coach when they are performing well, they gotta pay up.
Posted on 10/6/17 at 11:56 am to CarRamrod
Coaches take less money in their form of payment to ensure they get paid some even if they get fired. It's a negotiation tool for them, and Alleva doesn't understand the risks involved with buyouts locking you in with the coach you have. All Alleva sees is saving money on the contract
Posted on 10/6/17 at 11:57 am to CarRamrod
quote:
If you under perform, and put out a garbage product, your boss can and will fire you without paying you multi years worth of salary.
Why do these coaches and AD's have these buys out?
If you don't have a buyout in your current employment contract, it's because your employer doesn't care if you leave i.e., you're easily replaceable.
There are only 128 (I think) division 1 head coaching positions in the country. 60-70 are power 5 positions. If you're qualified to be one of them, or any other job in the country where there are only 60-70 other people who currently hold the same position as you do, you're going to have some negotiating power to get a buyout put in your contract.
Unfortunately, our dumbass AD hired the worst one of those 60-70 coaches and gave him a stupidly high buyout he didn't have the negotiating power to deserve.
Posted on 10/6/17 at 11:57 am to CarRamrod
It doesn't have to be a part of the contract. It's an incentive to get the person to sign. It's why it makes no sense in O's case. There won't be a restructure like the NFL because their is no "coaches union" that negotiates collectively.
Posted on 10/6/17 at 11:58 am to BeeFense5
quote:
Alleva was literally negotiating against himself for O's "services"
I'm fine with contractual structured payouts in the case of certain terminations/departures, but this statement is absolutely true . . . and pathetic.
Posted on 10/6/17 at 11:59 am to Cap Crunch
Well make the buyout one way. or at worst just two years if the school fires the coach. The LSU Bos needs to pass a mandatory cap on the buyouts imo.
This post was edited on 10/6/17 at 12:00 pm
Posted on 10/6/17 at 11:59 am to CarRamrod
It's to protect the school's investment and to give a coach incentive to take a chance on rebuilding a program that's in the shitter. How would you convince someone to leave a job where they're making $3M/year comforably and could continue making that for 10 years to take a chance on crashing and burning at your school which is offering 4.5M/year and getting fired after 1 season? You also don't have many professions where there are ~10 highly visible elite top-of-the-line people to hire (at the most) who every major school desperately wants to throw the checkbook at even though they take 3 or 4 years in some cases to have a tangible impact on your school, but on the flip side can be fired in that same amount of time due to things mainly out of their control.
This post was edited on 10/6/17 at 12:02 pm
Posted on 10/6/17 at 11:59 am to Cap Crunch
quote:
It protects the school as well. If someone wants to steal your coach when they are performing well, they gotta pay up.
Correct !
The idiots only see one side.
This keeps other schools from a cheap hire .. PROTECTION
Posted on 10/6/17 at 11:59 am to DestrehanTiger
Helps recruiting too. Shows the school is giving the coach some leash. Given the fever swamp in the fan base, this is probably a good thing with our current recruits.
Posted on 10/6/17 at 12:02 pm to medtiger
quote:
If you don't have a buyout in your current employment contract, it's because your employer doesn't care if you leave i.e., you're easily replaceable.
99.9% od private sector jobs dont have buyouts in their "contracts"
Posted on 10/6/17 at 12:02 pm to CarRamrod
quote:
I dont understand why these buyouts exist?
they're insurance policies
Posted on 10/6/17 at 12:02 pm to sheek
quote:
Well make the buyout one way
Coaches would never agree to the school being able to protect itself if they couldn't as well.
Now, that doesn't excuse O's ridiculous buyout, especially since this is his "dream job". Should be no threat of him leaving, right?
Posted on 10/6/17 at 12:03 pm to CarRamrod
quote:
99.9% od private sector jobs dont have buyouts in their "contracts"
And 99.9% of private sector jobs aren't making 7 figures yearly.
Posted on 10/6/17 at 12:03 pm to sheek
quote:
The LSU Bos needs to pass a mandatory cap on the buyouts
Then say goodbye to hiring top of the line people across the board. LSU needs this BOS to be less involved, not more.
Posted on 10/6/17 at 12:04 pm to CarRamrod
quote:
99.9% od private sector jobs dont have buyouts in their "contracts"
Exactly...99.9% of people in the private sector are fairly easily replaceable.
Posted on 10/6/17 at 12:07 pm to CarRamrod
It's all just bargaining power that the coaches have because of their demand and the competitiveness of college football. It's an extra benefit to the contract that can attract a coach to one school over another. But that's also why O's particular buy out doesn't make any sense. There was no competition for him.
Posted on 10/6/17 at 12:07 pm to CarRamrod
quote:
99.9% od private sector jobs dont have buyouts in their "contracts"
there is also a much wider pool in corporate America from which to find the candidates, as opposed to coaching
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