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Todd Stansbury counting on more football wins this season... How many...
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<blockquote data-quote="BuzzDraft" data-source="post: 876281" data-attributes="member: 2812"><p>I prefer to look at total amount of Tech's money he walks away with as of the end of this contract. That tells the real story. </p><p>If he is fired at any time before the 2022 season has ended, like the end of last season in your example or during the bye week this year like some have suggested, he still walks away with the entire $23.1 million. </p><p>If they wait until the day after the end of the 2022 season in December, his total walkaway would be $19.8 million, which is where the $3.3 million "savings" comes from. </p><p></p><p>You're talking about the balance outstanding owed last December vs what the balance outstanding owed would be this December, but doesn't account for the additional $3.3 million he will have been paid for coaching during 2022. So, the $6.6 million saved in balance remaining by waiting a year comes at an additional cost of $3.3 million salary, so the amount actually "saved" on the total contract payout is $3.3 million..</p><p></p><p>Here are all scenarios based on the timing of firing the football coach</p><p>$23.1 million total payout if fired anytime before end of 2022 ($0 contract life savings)</p><p>$19.8 million total payout if fired after 2022 season but before 2023 season (<strong>$3.3 million contract life savings</strong>)</p><p>$20.8 million total payout if fired after 2023 season but before 2024 season ($2.3 million contract life savings)</p><p>$21.9 million total payout if fired after 2024 season but before 2025 season ($1.2 million contract life savings)</p><p>$23.1 million total payout if fired after 2025 season, contract completed ($0 contract life savings)</p><p></p><p>Looking at the cash flow doesn't affect the total payout above, just the total already paid out vs the outstanding balance owed of the total payout based on the timing of firing</p><p>If fired at end of 2021 Total paid to date $9.3 million, $13.8 million balance owed (total payout $23.1 million)</p><p>If fired at end of 2022 Total paid to date $12.6 million, $7.2 million balance owed (<strong>total payout $19.8 million</strong>)</p><p>If fired at end of 2023 Total paid to date $16.0 million, $4.8 million balance owed (total payout $20.8 million)</p><p>If fired at end of 2024 Total paid to date $19.5 million, $2.4 million balance owed (total payout $21.9 million)</p><p></p><p>Due to expiration of guarantees, the sweet spot for firing is after 2022.</p><p></p><p>Sorry for somewhat OT, but these numbers will also be in the cost/benefit calculus along with the number of wins threshold for deciding on firing the coach.</p></blockquote><p></p>
[QUOTE="BuzzDraft, post: 876281, member: 2812"] I prefer to look at total amount of Tech's money he walks away with as of the end of this contract. That tells the real story. If he is fired at any time before the 2022 season has ended, like the end of last season in your example or during the bye week this year like some have suggested, he still walks away with the entire $23.1 million. If they wait until the day after the end of the 2022 season in December, his total walkaway would be $19.8 million, which is where the $3.3 million "savings" comes from. You're talking about the balance outstanding owed last December vs what the balance outstanding owed would be this December, but doesn't account for the additional $3.3 million he will have been paid for coaching during 2022. So, the $6.6 million saved in balance remaining by waiting a year comes at an additional cost of $3.3 million salary, so the amount actually "saved" on the total contract payout is $3.3 million.. Here are all scenarios based on the timing of firing the football coach $23.1 million total payout if fired anytime before end of 2022 ($0 contract life savings) $19.8 million total payout if fired after 2022 season but before 2023 season ([B]$3.3 million contract life savings[/B]) $20.8 million total payout if fired after 2023 season but before 2024 season ($2.3 million contract life savings) $21.9 million total payout if fired after 2024 season but before 2025 season ($1.2 million contract life savings) $23.1 million total payout if fired after 2025 season, contract completed ($0 contract life savings) Looking at the cash flow doesn't affect the total payout above, just the total already paid out vs the outstanding balance owed of the total payout based on the timing of firing If fired at end of 2021 Total paid to date $9.3 million, $13.8 million balance owed (total payout $23.1 million) If fired at end of 2022 Total paid to date $12.6 million, $7.2 million balance owed ([B]total payout $19.8 million[/B]) If fired at end of 2023 Total paid to date $16.0 million, $4.8 million balance owed (total payout $20.8 million) If fired at end of 2024 Total paid to date $19.5 million, $2.4 million balance owed (total payout $21.9 million) Due to expiration of guarantees, the sweet spot for firing is after 2022. Sorry for somewhat OT, but these numbers will also be in the cost/benefit calculus along with the number of wins threshold for deciding on firing the coach. [/QUOTE]
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