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Topic: Should MAC Coaches Have To Pay To Change Teams?

Topic: Should MAC Coaches Have To Pay To Change Teams?

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TMD10
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Member Since: 7/20/2010
Post Count: 76

Status: Offline

Should MAC Coaches Have To Pay To Change Teams?

Posted: 8/23/2012 6:55:31 AM

This is an interesting debate that I wanted to share on here since the Bobcats had the MAC's biggest basketball coaching move this offseason, losing Groce to Illinois (those Illini really liked taking MAC coaches this year). It's not a straight apples to apples comparison, but WMU didn't have any financial clause in Suzie Grech's contract, letting her leave easily. Eastern Michigan does have one for Rob Murphy, which has stopped his move to the Orlando Magic.

http://themacdaily.com/?p=1097

OU_Country
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Member Since: 12/6/2005
Location: On the road between Athens and Madison County
Post Count: 8,370

Status: Offline

RE: Should MAC Coaches Have To Pay To Change Teams?

Posted: 8/23/2012 12:06:08 PM

I honestly believe that all coaches should have this type of buyout in the contract if it's signed long term. Otherwise, it's not really a long term contract, but rather a year to year agreement. It also stops coaches, such as Murphy, from jumping ship right before the season. I know it's a catch 22, because it's hardly fair to stop a guy from advancing his career, but it is also more fair to the school if the coach knows there's a buyout to leave early. I'm a little surprised that there's a buyout to leave for the NBA, rather than one to leave for another potentially rival school.

Ohio69
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Member Since: 12/20/2004
Post Count: 3,062

Status: Offline

RE: Should MAC Coaches Have To Pay To Change Teams?

Posted: 8/23/2012 12:18:34 PM

I've totally flip flopped on this one. I say no financial penalties. If a coach wants to go, let them go.

What's going to happen at EMU now? You've got a coach who already left coming back? How's that going to work? Waive the $200K and get a coach who wants to be there.

Can somebody hit a pull up jumper for me?.....

Bucho
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Member Since: 7/22/2011
Location: Ohio
Post Count: 96

Status: Offline

RE: Should MAC Coaches Have To Pay To Change Teams?

Posted: 8/23/2012 1:17:25 PM

Having received a degree from Cincy, I'm also a pretty big Bearcats fan. That being said, after watching the football dream season of 2009 end the way it did can't help but make me bitter and jaded on this topic. Are buyouts a good thing or bad thing? Really, they're neither. They're merely a contractual term knowingly negotiated by both parties. Like all contracts, someone assumes risk. However, I do wish there was a moratorium period regulating when coaches could leave, which would prevent the EMU situation (or a situation where your coach leaves during the school's best season in history on the eve of a fricking BCS bowl).

Last Edited: 8/23/2012 1:19:13 PM by Bucho

GoCats105
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Member Since: 1/31/2006
Location: Seattle, WA
Post Count: 7,446

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RE: Should MAC Coaches Have To Pay To Change Teams?

Posted: 8/23/2012 1:28:06 PM

The idea of having a buyout clause in the contract of a coach is just plain smart in the eyes of a MAC or lower level school. As the AD at a school like these, you have to know that the coaches are not making your school their dream destination. This is especially true for the talents of a John Groce for Ohio or Brian Kelly for CMU, where you could instantly tell these guys were made for bigger and better things. Putting the buyout clause in the contract is like an insurance policy, more or less.

Last Edited: 8/23/2012 1:30:06 PM by GoCats105

perimeterpost
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Member Since: 7/6/2010
Post Count: 3,165

Status: Offline

RE: Should MAC Coaches Have To Pay To Change Teams?

Posted: 8/24/2012 3:29:58 PM

Back load the contracts and offer both a short term and a long term option that favors the long term. example-

Short Term Option-
- 2 year deal valued at $500K ($250K/yr average if contract is fulfilled)
- Payout for year one- $150K
- Payout for year two- $350K

Long Term Option-
- 5 year deal valued at $1.5M ($300K/yr average if contract is fulfilled)
- Pay out for years one though three- $200K/yr
- Payout for year four- $400K
- Payout for year five- $500K

If the employer decides to terminate the contract he must repay the employee the difference for the time worked. For example, the long term option is valued at $300K/yr, if the contracted is ended after 3 years the employee has already received $200K/yr they will then be paid the $100K/yr difference.

However, if the employee decides to leave after 3 years he walks away having only earned $200K/yr and will not be compensated any further. This might make a coach less likely to bail right after making a long term commitment if there's money left on the table.

This way both sides are rewarded for loyalty.

MY STATE. MY TEAM.

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