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re: Alleva Termination Timeline - between October 13 and December 9?
Posted on 10/6/17 at 12:45 pm to clamdip
Posted on 10/6/17 at 12:45 pm to clamdip
That makes a lot of sense, but would give Alleva a lot of power in that negotiation (insert joke here). He could take a slight haircut to go away quietly, but the natives get more restless with each passing day so Joe knows that if he stalls he can get more $ from the BOS. Regardless of how much power being on the BOS gives you, it's no fun getting pounded by angry calls and emails from pissed off fans.
Plus, Alleva can always just keep saying no, and once the BOS fires him they owe him the full buyout ($525k per year from now til June 30,2020 less income from future employment over the next 5 1/2 years). Other than saving face, there isn't much the BOS can use to induce Alleva to "resign" this way.
Plus, Alleva can always just keep saying no, and once the BOS fires him they owe him the full buyout ($525k per year from now til June 30,2020 less income from future employment over the next 5 1/2 years). Other than saving face, there isn't much the BOS can use to induce Alleva to "resign" this way.
Posted on 10/6/17 at 10:51 pm to Martin Blank
Well, actually, you go ahead and give him basically his entire buyout if he resigns today. It's a wash monetarily to Alleva, and he doesn't have to continue to work at a job that he hates and knows he's lost anyway.
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