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Posted on 1/10/21 at 11:48 am to geauxtigers33
I understand that, I have a contract for work. We keep getting burned by buyouts and the buyouts seem to be getting worse and worse. The terms of our buyout clauses are irrational.
Posted on 1/10/21 at 11:52 am to easy money
Bonilla was inspired by this deal.
Bret Saberhagen gets a quarter of million each year until 2029, he will be 72. Saberhagen signed that deal in 1993 with the Mets, by 1995 he was in Colorado, but the Mets are still paying.
It was a great deal for the Mets since they were making a gazillion dollars, they were invested with Berine Maddoff.
Bret Saberhagen gets a quarter of million each year until 2029, he will be 72. Saberhagen signed that deal in 1993 with the Mets, by 1995 he was in Colorado, but the Mets are still paying.
It was a great deal for the Mets since they were making a gazillion dollars, they were invested with Berine Maddoff.
Posted on 1/10/21 at 11:55 am to easy money
quote:
The terms of our buyout clauses are irrational.
In the world of big time football they weren't.
Posted on 1/10/21 at 12:00 pm to easy money
Buyout clauses can’t predict the future.
They don’t predict ultra wokeness
They don t predict having only 34 defensive players.
Bo deserved the buyout.
They don’t predict ultra wokeness
They don t predict having only 34 defensive players.
Bo deserved the buyout.
This post was edited on 1/10/21 at 12:00 pm
Posted on 1/10/21 at 2:45 pm to easy money
Most of the times the coaches have almost ALL of the leverage in the negotiations. The school can say they want a performance/no buyout clause. The coach just responds with “no problem. I’ll just work somewhere else”.
Y’all want “high demand” coaches, right? Well, accept that he isn’t going to agree to no buyout. If I have multiple schools offering to pay me 6-7 figure salaries I’m sure as hell not going to go to the one that wants to be able to fire me and not pay the remainder of my contract
Y’all want “high demand” coaches, right? Well, accept that he isn’t going to agree to no buyout. If I have multiple schools offering to pay me 6-7 figure salaries I’m sure as hell not going to go to the one that wants to be able to fire me and not pay the remainder of my contract
Posted on 1/10/21 at 5:09 pm to easy money
They’re good for big name coaches you’re trying to entice with financial assurances. They’re not good for the Bo Pelinis.
Posted on 1/10/21 at 5:11 pm to The First Cut
That’s why you have performance evaluations/grades and metrics set just like every other job in America.
You fall below those metrics you are subject to be terminated
You fall below those metrics you are subject to be terminated
This post was edited on 1/10/21 at 5:12 pm
Posted on 1/10/21 at 5:13 pm to Alt26
Go didn’t have multiple schools offering that type of money lol
Posted on 1/10/21 at 5:33 pm to easy money
quote:yeah, there should.
Shouldn’t there be some conditions you meet to receive the buyout rather than just existing?
Put it in the contract.
They do performance based raises and bonuses.
But a buyout is for early termination of a contract and isn't tied to performance (most of the time).
However, I do not recall that being #11 on those stone tablets that Jewish guy put in a box. So why in the hell they don't do it is beyond me.
Theory: If you did do that, you might have trouble hiring people. You know, like Marcus Freeman. Because other schools aren't going to do it. If you tie performance to buyout, and getting fired is usually due to poor performance... what's the point of the buyout (a candidate or his agent might ask)?
Posted on 1/10/21 at 5:59 pm to The_Duke
quote:
That’s why you have performance evaluations/grades and metrics set just like every other job in America.
What are the metrics defined in your contact?
This post was edited on 1/10/21 at 6:00 pm
Posted on 1/10/21 at 6:15 pm to siliconvalleytiger
quote:
They’re good for big name coaches you’re trying to entice with financial assurances. They’re not good for the Bo Pelinis.
Right. You give buyouts when the market demands it (highly sought after coaches).
Posted on 1/10/21 at 7:11 pm to easy money
We have a moron for an athletic director. Now do you understabnd?
Posted on 1/10/21 at 8:24 pm to easy money
quote:FIFY
The terms of our buyout clauses are industry standard.
Posted on 1/10/21 at 8:29 pm to oneg8rh8r
quote:
1. Contracts should be written as such to have certain performance levels reached for certain pay outs.
They are
quote:
2. The HC that selects his assistants / coordinators should be partially financially responsible.
You wouldn’t agree to that would you?
Posted on 1/11/21 at 7:30 am to oneg8rh8r
quote:
1. Contracts should be written as such to have certain performance levels reached for certain pay outs. As long as the coordinators meet expectations things are good. If they are exceeded there are bonuses, if the aren't met... well, there you go.
2. The HC that selects his assistants and coordinators, therefore the HC should be partially financially responsible. Just like when a HC gets bonuses based on the success of his coordinators when he wins the Div / Conf. / Bowl game / NC......He should be on the hook for the failure and ultimate firings.
... and no one ever agreed to coach at LSU ever again.
The End
Posted on 1/11/21 at 7:42 am to easy money
quote:
You didn’t do your job to the standard you were hired for. Shouldn’t there be some conditions you meet to receive the buyout rather than just existing?
You’re blame of the contract is misguided; it’s what it took to get a sitting HC at Youngstown to make the move.
Blame the coach that hired him insisting on an attacking 4-3 with no regard for coverages in a college football world that is laced with RPOs and read options that get rid of the ball quickly.
Posted on 1/11/21 at 8:09 am to The_Duke
quote:
Go didn’t have multiple schools offering that type of money lol
Which made the contract Woodward agreed to incredibly stupid. And that was the case BEFORE the season was played. On that note, I haven't seen the full terms of the new OC's contract, but $1.2 million for a guy who had no other teams/schools willing to pay him that much seems to be almost as ridiculous.
You're right in the fact that Bo didn't have multiple schools offering him that kind of money. But he had a HC job and always had the power of saying "no". When you are the desperate party in the negotiations you generally have no leverage. If LSU had settled on Bo as their only option at that point, then Bo held all the cards. One of those is I'm not signing unless you (LSU) agrees to honor the full term of the contract.
Lament the "buy outs" all you want. Big time coaches aren't agreeing to coach at your school without them. The only coaches that (maybe) would are guys desperate to get a job
Posted on 1/11/21 at 8:39 am to easy money
Most coaches know when they get hired, there's a good chance they get fired.... at some point.
So in order to entice a well sought-after coach to take your job, you have to offer financial security and stability.
Part 2 of the buyout is - if it's high enough it could buy that coach an additional year or 2 to get the program turned around.
Buyouts serve as security for the coaches and their families and deterrents to those that want to get rid of them.
So in order to entice a well sought-after coach to take your job, you have to offer financial security and stability.
Part 2 of the buyout is - if it's high enough it could buy that coach an additional year or 2 to get the program turned around.
Buyouts serve as security for the coaches and their families and deterrents to those that want to get rid of them.
Posted on 1/11/21 at 12:18 pm to I20goon
Buy outs are there to convince people to take the job, and feel like they won’t get canned after one year.
No one wants to have 0 job security.
Coaches generally get fired for 2 reasons:
Performance and Misconduct
Misconduct of “for cause” is almost always an out.
So the question becomes “why give a buyout at all”
No one wants to have 0 job security.
Coaches generally get fired for 2 reasons:
Performance and Misconduct
Misconduct of “for cause” is almost always an out.
So the question becomes “why give a buyout at all”
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