Home
Articles
Photos
Interviews
Forums
New posts
Search forums
Georgia Tech Recruiting
Dashboard
What's new
New posts
New profile posts
Latest activity
Chat
Log in
Register
What's new
Search
Search
Search titles only
By:
New posts
Search forums
Menu
Log in
Register
Install the app
Install
Home
Forums
Georgia Tech Athletics
Georgia Tech Basketball
Coaching Carousel 4 - Hard work pays off in the future, laziness pays off now
JavaScript is disabled. For a better experience, please enable JavaScript in your browser before proceeding.
You are using an out of date browser. It may not display this or other websites correctly.
You should upgrade or use an
alternative browser
.
Reply to thread
Message
<blockquote data-quote="YlJacket" data-source="post: 555699" data-attributes="member: 2784"><p>Buyouts have a bad name for sure, but recognize that generally buyouts are normally a "good thing" - a method for a school to pay less than the full value of the contract they used to entice a coach to sign. The difference between a fully guaranteed NBA player contract and a not guaranteed NFL contract (roughly). I expect Wake wishes to hadies they had a buyout for Manning, just like we wish we had a buyout for Hewitt. Like the NFL, schools use buyouts to be able to control their top end expense with a longer term contract specifying a salary while limiting their downside with a buyout clause. They also get to have some stability by having the coach have to pay a buyout before they can go accept another gig. Temple made bank on that clause this offseason - even though they lost 2 good coaches. </p><p></p><p>Coaches are not going month to month or on yearly contracts. Neither side wants that. The rest is negotiating a balance that reflects the leverage and financial resources on both sides.</p></blockquote><p></p>
[QUOTE="YlJacket, post: 555699, member: 2784"] Buyouts have a bad name for sure, but recognize that generally buyouts are normally a "good thing" - a method for a school to pay less than the full value of the contract they used to entice a coach to sign. The difference between a fully guaranteed NBA player contract and a not guaranteed NFL contract (roughly). I expect Wake wishes to hadies they had a buyout for Manning, just like we wish we had a buyout for Hewitt. Like the NFL, schools use buyouts to be able to control their top end expense with a longer term contract specifying a salary while limiting their downside with a buyout clause. They also get to have some stability by having the coach have to pay a buyout before they can go accept another gig. Temple made bank on that clause this offseason - even though they lost 2 good coaches. Coaches are not going month to month or on yearly contracts. Neither side wants that. The rest is negotiating a balance that reflects the leverage and financial resources on both sides. [/QUOTE]
Insert quotes…
Verification
The 2014 ACC Football Championship was played in what city?
Post reply
Home
Forums
Georgia Tech Athletics
Georgia Tech Basketball
Coaching Carousel 4 - Hard work pays off in the future, laziness pays off now
This site uses cookies to help personalise content, tailor your experience and to keep you logged in if you register.
By continuing to use this site, you are consenting to our use of cookies.
Accept
Learn more…
Top