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<blockquote data-quote="RamblinRed" data-source="post: 137008" data-attributes="member: 1776"><p>People need to stop misunderstanding the extension.</p><p>The extension did not change the buyout. The buyout would have been $650K this year if he didn't get the extension.</p><p>The extension gave him a $75K raise. So he basically gets an extra $150K compared to the original contract due to the extension. That is stupid to get upset over.</p><p>The extension was a small increase for having a solid improvement in yr 2. It had no effect on anything else. If we are worried as fans about being that cheap we shouldn't have a team.</p><p>He has the 2nd lowest salary and 2nd lowest staff salary in the conference. No GT fan has a right to be upset with Gregory over his contract, given it is a contract that is well below the current market - and was frankly below market when he was hired. Wake hired Danny Manning (whose resume was much thinner than Gregory's - now he may turn out to be a better coahc - only time will tell) last season for over $700K/yr more than we are paying Gregory.</p></blockquote><p></p>
[QUOTE="RamblinRed, post: 137008, member: 1776"] People need to stop misunderstanding the extension. The extension did not change the buyout. The buyout would have been $650K this year if he didn't get the extension. The extension gave him a $75K raise. So he basically gets an extra $150K compared to the original contract due to the extension. That is stupid to get upset over. The extension was a small increase for having a solid improvement in yr 2. It had no effect on anything else. If we are worried as fans about being that cheap we shouldn't have a team. He has the 2nd lowest salary and 2nd lowest staff salary in the conference. No GT fan has a right to be upset with Gregory over his contract, given it is a contract that is well below the current market - and was frankly below market when he was hired. Wake hired Danny Manning (whose resume was much thinner than Gregory's - now he may turn out to be a better coahc - only time will tell) last season for over $700K/yr more than we are paying Gregory. [/QUOTE]
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