Buyout For HCs Moving Forward

[BullyPulpit]

I hope Harlan and company see the writing on the wall. We need to make sure that the contractual buyouts for our head coaching contracts are our new source of revenue moving forward. If a coach is going to be committed to the school they should have no problem signing with a $6/$4/$2 million buyout clause. $6 million after one year, $4 million after 2 years, $2 million after three years, and then drop it $500,000 per year thereafter. Someone like Kiffin will come in for one season, go 10-2, and then take his show on the road to greener pastures. We need to make sure that we have the funds available to find a good replacement each time this happens. 

Memphis screwed up following Fuentes, with only a $500,000 buyout for Norvell. One more good season (9-3) and he could be gone as well. We don't want to repeat that mistake, because the names that are being suggested to replace CWT are 1 to 3 year guys. Welcome to the new normal. 

[Apis Bull]

You have to get the coach to agree to that buyout.  Most won't.

[MMW]

And just how do you think that works?  If we can convince say Charlie Strong to come here do you think he would agree to that?  

[USF Bulls Football]

One of the best threads on tbp this morning. Strategy is needed for more than just the selection of the new coach.

[Fold FB Invest in BB]

If my agent signed me to a contract with a buyout like that, he'd be fired on the spot.

[Bull94]

Just now, BullyPulpit said:

I hope Harlan and company see the writing on the wall. We need to make sure that the contractual buyouts for our head coaching contracts are our new source of revenue moving forward. If a coach is going to be committed to the school they should have no problem signing with a $6/$4/$2 million buyout clause. $6 million after one year, $4 million after 2 years, $2 million after three years, and then drop it $500,000 per year thereafter. Someone like Kiffin will come in for one season, go 10-2, and then take his show on the road to greener pastures. We need to make sure that we have the funds available to find a good replacement each time this happens. 

Memphis screwed up following Fuentes, with only a $500,000 buyout for Norvell. One more good season (9-3) and he could be gone as well. We don't want to repeat that mistake, because the names that are being suggested to replace CWT are 1 to 3 year guys. Welcome to the new normal. 

you do realize that they work both ways right? we signed Holtz to a huge buyout. how is that working out for us?

[2000bull]

need a home/home series in the buyout that can be boughtout for $1mil

[USF Bulls Football]

6 million may be a bit high, but Memphis screwed the pooch.

[Apis Bull]

Just now, 2000bull said:

need a home/home series in the buyout that can be boughtout for $1mil

I like it!

[Fold FB Invest in BB]

Just now, 2000bull said:

need a home/home series in the buyout that can be boughtout for $1mil

That's not a bad idea. Work in a home and home with a top tier program.