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TITLETOWN - A Decade Long Celebration Of The Greatest Achievement In College Athletics History => Kansas State Basketball is hard => Topic started by: Clevey 2 Times on February 06, 2016, 11:57:19 AM
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Josh Pastner let go at Memphis in next 1-3 yrs. We drop oscar, sign Josh. Who's with me?
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Josh Pastner let go at Memphis in next 1-3 yrs. We drop oscar, sign Josh. Who's with me?
I know that oscar has taken a toll on your rational faculties lately, but I don't think we should hire another coach that has just been fired for cause. A coach with FEWER credentials than the coach we hired from a similar fate just a few years ago, which was already a pretty unprecedented move. Outside of Tubby Smith and Bob Knight (and apparently oscar Weber), coaches that are fired for performance issues are never hired at the same level of basketball immediately after being let go. They certainly don't get hired at a HIGHER level of basketball competition. This is not a good idea, but I understand that oscar makes us all say crazy things.
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Josh a decade or so ago, yes. Now? No way.
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You guys are right. I'm in a bad place.
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Derick MF Hammes
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Gonna win 'em all! (using Tapatalk)
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I wouldn't eff josh pastner with whack-a-doodle's dick
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The RoboCoachanator Model 2040-BW Cyborg (used).
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If Josh Pastner got fired this season he would receive a $10.7 million buyout, the biggest in college basketball history.
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If Josh Pastner got fired this season he would receive a $10.7 million buyout, the biggest in college basketball history.
Well negotiated buyout Josh.
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If Josh Pastner got fired this season he would receive a $10.7 million buyout, the biggest in college basketball history.
We'll negotiated buyout Josh.
Do you have a special affinity for losers?
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Josh Pastner let go at Memphis in next 1-3 yrs. We drop oscar, sign Josh. Who's with me?
:sdeek: did pastner make it on to that loser coaches you'd like to have even less than oscar list? bc he absolutely should have.
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If Josh Pastner got fired this season he would receive a $10.7 million buyout, the biggest in college basketball history.
The buyout for Pastner's salary is actually c. $500K. The $10.7 million is what the school owes him in total salary over the final four years of his contract, which expires at the end of 2020 @ his present salary of approximately $2.65 million per year. The school owes that if he's fired. Even then, there is a no mitigation clause in his contract meaning that if he is fired and takes a job making $1 million a year, that new salary does not offset any of the $2.65 million. He is still owed every penny of that regardless of how much he makes elsewhere.
If Pastner quits--and Memphis fans are doing everything possible to make his life a living hell--the contract is void and Memphis owes nothing. In two years, attendance has dropped from over 16,000 to around 10,000 and those are mostly no shows.
It also means the AD at Memphis who negotiated this contract is incredibly stupid.
Rumors are that TCU is interested in him. I hate to beg, but please somebody, anybody, make Pastner an offer he can't refuse.
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Yeah, that's the general clause for any coach; quit, you don't get your money. That being said normally the AD will make a deal with a coach they want to quit. There is no way Pastner is quitting Memphis for TCU, literally none. If Memphis gave him 10.7 mil to quit, he still wouldn't do it. Memphis is a top 25 job, TCU is one of the worst power five jobs.
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If Josh Pastner got fired this season he would receive a $10.7 million buyout, the biggest in college basketball history.
We'll negotiated buyout Josh.
Do you have a special affinity for losers?
Is he really a loser if he makes that much bank off of being a loser?
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If Josh Pastner got fired this season he would receive a $10.7 million buyout, the biggest in college basketball history.
We'll negotiated buyout Josh.
Do you have a special affinity for losers?
Is he really a loser if he makes that much bank off of being a loser?
Sent from my SAMSUNG-SM-G900A using Tapatalk
Fantastic point
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Weis'ian on the T&C's and possibly the X's and O's.
No thanks
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Yeah, that's the general clause for any coach; quit, you don't get your money. That being said normally the AD will make a deal with a coach they want to quit. There is no way Pastner is quitting Memphis for TCU, literally none. If Memphis gave him 10.7 mil to quit, he still wouldn't do it. Memphis is a top 25 job, TCU is one of the worst power five jobs.
What is completely unusual about the contract is that there is no mitigation clause in the event he is fired. Once fired, no amount of any future salary gets counted against the $10.7 million Memphis owes. He could take a job making $5 million per year after being fired, and Memphis would still be on the hook for the full $10.7 million. I've never heard of an coach's contract without that mitigation clause.
His salary is paid by wealthy boosters who are already on the hook. It's a sunk cost if he stays or is fired. The boosters do not want to continue to pay his salary and then get stuck paying a new coach's salary.
He is staying because of the $10.7 million, not because any other job being better, worse, or the same.