Barnes buyout info

[Sean Miller Fan]

Very informative article about the contract for Barnes's new splash hire at Oregon State.

Its not years left x annual salary as most people seem to think.

http://www.oregonlive.com/beavers/index.ssf/2017/12/oregon_state_football_coach_jo.html

Unless slam-dunks like Pitino, Matta, Crean, Sean Miller (I can still dream) are knocking down Heather's door, I am all for giving Stallings a 3rd year. Mostly because I think that while he underachieved in Year 1, the cards he was dealt for Year 2 are about as bad as could be dealt. Besides that though, I'm not that interested in whatever hot mid-major coach wins their conference tournament this year. Those guys don't work out as much as you think. And whoever coaches a CAA or MAAC to the tournament is not going to increase Pitt season ticket sales by any significant degree.

 

[4Mark_Marty]

What about an AAC, A10 or Big East Coach? Just hypothetically speaking of course.

 

[Joe the Panther Fan]

Its not years left x annual salary as most people seem to think.

Once again, even though you read something you still don't understand what it says:

"The 38-year-old first-time head coach will make $1.9 million each season, earning $950,000 in annual base salary and $950,000 in annual non-salary compensation."

Buyout terms if Oregon State ends agreement

• During Year 1 - $4,750,000
• During Year 2 - $3,800,000
• During Year 3 - $2,850,000
• During Year 4 - $1,900,000
• During Year 5 - $950,000

Get out your calculator. One year of base salary is $950,000. Oddly enough, that's EXACTLY the buyout if Oregon State ends the agreement with one year left. Two years of base salary would be $1,900,000. Oddly enough, that's EXACTLY the buyout if Oregon State ends the agreement with two years left. Three years of base salary would be $2,850,000. Oddly enough, that's EXACTLY the buyout if Oregon State ends the agreement with three years left. Four years of base salary would be $3,800,000. Oddly enough, that's EXACTLY the buyout if Oregon State ends the agreement with four years left. Five years of base salary would be $4,750,000. Oddly enough, that's EXACTLY the buyout if Oregon State ends the agreement with five years left.

It's hilarious that you could post something like that claiming that it says one thing when it actually says exactly the opposite. As is standard in these contracts (which doesn't mean that every one works that way), the buyout for the school is the remaining amount of base salary left on the contract. And you've helped prove it again, even though you seem to think that you did exactly the opposite.

 

[Sean Miller Fan]

Its not years left x annual salary as most people seem to think.

Once again, even though you read something you still don't understand what it says:

"The 38-year-old first-time head coach will make $1.9 million each season, earning $950,000 in annual base salary and $950,000 in annual non-salary compensation."

Buyout terms if Oregon State ends agreement

• During Year 1 - $4,750,000
• During Year 2 - $3,800,000
• During Year 3 - $2,850,000
• During Year 4 - $1,900,000
• During Year 5 - $950,000

Get out your calculator. One year of base salary is $950,000. Oddly enough, that's EXACTLY the buyout if Oregon State ends the agreement with one year left. Two years of base salary would be $1,900,000. Oddly enough, that's EXACTLY the buyout if Oregon State ends the agreement with two years left. Three years of base salary would be $2,850,000. Oddly enough, that's EXACTLY the buyout if Oregon State ends the agreement with three years left. Four years of base salary would be $3,800,000. Oddly enough, that's EXACTLY the buyout if Oregon State ends the agreement with four years left. Five years of base salary would be $4,750,000. Oddly enough, that's EXACTLY the buyout if Oregon State ends the agreement with five years left.

It's hilarious that you could post something like that claiming that it says one thing when it actually says exactly the opposite. As is standard in these contracts (which doesn't mean that every one works that way), the buyout for the school is the remaining amount of base salary left on the contract. And you've helped prove it again, even though you seem to think that you did exactly the opposite.

No.

Lets say he loses his first game 80-0 and Barnes fires him. He would have collected whatever biweekly or monthy salary up to that point plus the buyout of $4.75 million. That is far short of the $9.5 million he would have made if he remained employed for the duration of the contract.

Most people think that if Stallings were fired, he'd collect every penny of the $11 million or so that he would have gotten if he remained employed for the length of the contract and that's not true.

 

[NTOP]

Very informative article about the contract for Barnes's new splash hire at Oregon State.

Its not years left x annual salary as most people seem to think.

http://www.oregonlive.com/beavers/index.ssf/2017/12/oregon_state_football_coach_jo.html

Unless slam-dunks like Pitino, Matta, Crean, Sean Miller (I can still dream) are knocking down Heather's door, I am all for giving Stallings a 3rd year. Mostly because I think that while he underachieved in Year 1, the cards he was dealt for Year 2 are about as bad as could be dealt. Besides that though, I'm not that interested in whatever hot mid-major coach wins their conference tournament this year. Those guys don't work out as much as you think. And whoever coaches a CAA or MAAC to the tournament is not going to increase Pitt season ticket sales by any significant degree.

Typical nonsense.....Subject line sounds interesting.. The article says NOTHING about Barnes' buyout.

 

[NTOP]

No.

Lets say he loses his first game 80-0 and Barnes fires him. He would have collected whatever biweekly or monthy salary up to that point plus the buyout of $4.75 million. That is far short of the $9.5 million he would have made if he remained employed for the duration of the contract.

Most people think that if Stallings were fired, he'd collect every penny of the $11 million or so that he would have gotten if he remained employed for the length of the contract and that's not true.

People don't think that. Stop trying to sound like you know more than anyone. Speculation is all over the map on that topic.

 

[BuffetParrothead]

Very informative article about the contract for Barnes's new splash hire at Oregon State.

Its not years left x annual salary as most people seem to think.

http://www.oregonlive.com/beavers/index.ssf/2017/12/oregon_state_football_coach_jo.html

Unless slam-dunks like Pitino, Matta, Crean, Sean Miller (I can still dream) are knocking down Heather's door, I am all for giving Stallings a 3rd year. Mostly because I think that while he underachieved in Year 1, the cards he was dealt for Year 2 are about as bad as could be dealt. Besides that though, I'm not that interested in whatever hot mid-major coach wins their conference tournament this year. Those guys don't work out as much as you think. And whoever coaches a CAA or MAAC to the tournament is not going to increase Pitt season ticket sales by any significant degree.

You or Heather Lyke don't have a choice. Stallings gets his third year and maybe fourth year regardless of his performane since Pitt doesn't have the bankroll to buy him out and play big bucks for someone better.

Big win for Stalling nailing down a great six year deal. But he had a weak opponent!

 

[316 S Bouquet]

Very informative article about the contract for Barnes's new splash hire at Oregon State.

Its not years left x annual salary as most people seem to think.

http://www.oregonlive.com/beavers/index.ssf/2017/12/oregon_state_football_coach_jo.html

Unless slam-dunks like Pitino, Matta, Crean, Sean Miller (I can still dream) are knocking down Heather's door, I am all for giving Stallings a 3rd year. Mostly because I think that while he underachieved in Year 1, the cards he was dealt for Year 2 are about as bad as could be dealt. Besides that though, I'm not that interested in whatever hot mid-major coach wins their conference tournament this year. Those guys don't work out as much as you think. And whoever coaches a CAA or MAAC to the tournament is not going to increase Pitt season ticket sales by any significant degree.

Good info. If Stallings' buyout is structured the same way, he would be owed around $1 million per year left on his contract. Lyke could fire him, hire another coach at around $2 million per year, and be at the $3 million/year mark for a head basketball coach. This would be basically where we were under the last few Dixon years if I remember correctly.

 

[PantherO]

For the sake of argument....If Pitt was to fire Stallings and pay his buyout, they better damn well have a coach ready in the wings to take the position with the money they will offer.

 

[Sean Miller Fan]

For the sake of argument....If Pitt was to fire Stallings and pay his buyout, they better damn well have a coach ready in the wings to take the position with the money they will offer.

Right. Only if they have an agreement without having an official agreement with:

Pitino
Matta
Crean
Miller (not happening)

No reason to fire him to bring in a mid-major coach. Unless we can get a big name coach, I don't see any way he is NOT here next year....and if the new guys continue to progress there may some actual optimism

 

[Joe the Panther Fan]

No.

Lets say he loses his first game 80-0 and Barnes fires him. He would have collected whatever biweekly or monthy salary up to that point plus the buyout of $4.75 million. That is far short of the $9.5 million he would have made if he remained employed for the duration of the contract.

Most people think that if Stallings were fired, he'd collect every penny of the $11 million or so that he would have gotten if he remained employed for the length of the contract and that's not true.

Just because you don't understand the difference between base salary and bonuses and other benefits doesn't mean that no one else does. You posted a story that 100% refuted your long standing contention that a coach's buyout is never the amount of money remaining on the contract and are either too dumb to understand that or unwilling to admit what is obviously true.

 

[Sean Miller Fan]

No.

Lets say he loses his first game 80-0 and Barnes fires him. He would have collected whatever biweekly or monthy salary up to that point plus the buyout of $4.75 million. That is far short of the $9.5 million he would have made if he remained employed for the duration of the contract.

Most people think that if Stallings were fired, he'd collect every penny of the $11 million or so that he would have gotten if he remained employed for the length of the contract and that's not true.

Just because you don't understand the difference between base salary and bonuses and other benefits doesn't mean that no one else does. You posted a story that 100% refuted your long standing contention that a coach's buyout is never the amount of money remaining on the contract and are either too dumb to understand that or unwilling to admit what is obviously true.

What it showed is that Barnes drew up a contract which paid half in "base salary" and the other half in non-base salary (not bonuses). This is very likely to be how Stallings's contact is structured. If he is making $1.75 million per here, it would mean $875K is base salary and the other $875K is non-base salary so his buyout would be tied to the base salary amount, meaning its much more manageable than anyone thinks.

 

[NTOP]

What it showed is that Barnes drew up a contract which paid half in "base salary" and the other half in non-base salary (not bonuses). This is very likely to be how Stallings's contact is structured. If he is making $1.75 million per here, it would mean $875K is base salary and the other $875K is non-base salary so his buyout would be tied to the base salary amount, meaning its much more manageable than anyone thinks.

They split that up for more than just bonuses.

 

[mbrannagan]

Very informative article about the contract for Barnes's new splash hire at Oregon State.

Its not years left x annual salary as most people seem to think.

http://www.oregonlive.com/beavers/index.ssf/2017/12/oregon_state_football_coach_jo.html

Unless slam-dunks like Pitino, Matta, Crean, Sean Miller (I can still dream) are knocking down Heather's door, I am all for giving Stallings a 3rd year. Mostly because I think that while he underachieved in Year 1, the cards he was dealt for Year 2 are about as bad as could be dealt. Besides that though, I'm not that interested in whatever hot mid-major coach wins their conference tournament this year. Those guys don't work out as much as you think. And whoever coaches a CAA or MAAC to the tournament is not going to increase Pitt season ticket sales by any significant degree.

I think Stallings will certainly be here for a 3rd year, unless the team implodes from their already mediocre state he should get a 3rd year. If guys like Carr and Stephenson are ready to depart at seasons end it will signal a greater problem, but if the guys that show they can play this year, plan to be here next year, and he can fill out the recruiting class then he should be kept on. I am actually mildly excited about the backcourt and wings with-
PG-Carr/Kingsby
SG- JWF/Stewart/Davis
SF- Stephenson (JWF)

If we can add some down low presence (and not count on Stephenson to play PF) then we could have some decent spoiler games.

 

[R-M-U-h-o-o-p-s-f-a-n]

Right. Only if they have an agreement without having an official agreement with:

Pitino
Matta
Crean
Miller (not happening)

No reason to fire him to bring in a mid-major coach. Unless we can get a big name coach, I don't see any way he is NOT here next year....and if the new guys continue to progress there may some actual optimism

Pitino is definitely the most realistic option rn as he's out of a job & probably would come to Pitt for like 2 mill a year (maybe less even).

Will Heather go after him? We'll see.

 

[Sean Miller Fan]

Very informative article about the contract for Barnes's new splash hire at Oregon State.

Its not years left x annual salary as most people seem to think.

http://www.oregonlive.com/beavers/index.ssf/2017/12/oregon_state_football_coach_jo.html

Unless slam-dunks like Pitino, Matta, Crean, Sean Miller (I can still dream) are knocking down Heather's door, I am all for giving Stallings a 3rd year. Mostly because I think that while he underachieved in Year 1, the cards he was dealt for Year 2 are about as bad as could be dealt. Besides that though, I'm not that interested in whatever hot mid-major coach wins their conference tournament this year. Those guys don't work out as much as you think. And whoever coaches a CAA or MAAC to the tournament is not going to increase Pitt season ticket sales by any significant degree.

I think Stallings will certainly be here for a 3rd year, unless the team implodes from their already mediocre state he should get a 3rd year. If guys like Carr and Stephenson are ready to depart at seasons end it will signal a greater problem, but if the guys that show they can play this year, plan to be here next year, and he can fill out the recruiting class then he should be kept on. I am actually mildly excited about the backcourt and wings with-
PG-Carr/Kingsby
SG- JWF/Stewart/Davis
SF- Stephenson (JWF)

If we can add some down low presence (and not count on Stephenson to play PF) then we could have some decent spoiler games.

I think that if Pitt somehow got an average big man next year, we'd have a shot at the NIT/NCAA bubble. Not that we'd achieve that but we'd have a chance.

PG - Carr
SG - Ellison/Stewart/Davis
SF - JWF
PF - Stevensob
C - Average big guy

Sure, we could still finish 15th with that lineup but if we had even a Dante Taylor-type, we could have some hope. Without a legitimate post player, this team cant beat anybody of note

 

[mbrannagan]

I think that if Pitt somehow got an average big man next year, we'd have a shot at the NIT/NCAA bubble. Not that we'd achieve that but we'd have a chance.

PG - Carr
SG - Ellison/Stewart/Davis
SF - JWF
PF - Stevensob
C - Average big guy

Sure, we could still finish 15th with that lineup but if we had even a Dante Taylor-type, we could have some hope. Without a legitimate post player, this team cant beat anybody of note

I meant to put Ellison above. I think we would need a couple average big guys, and I'd really like to see Stevenson not having to guard 4s too much in conference play. The perimeter on that team is pretty interesting though. Carr, Ellison, JWF are all capable scorers (assuming Ellison has continued to develop) and good athletes. Stevenson is showing that he is capable too. Stewart and Davis have promise as bench guys.

I hate to get myself too excited, but there is some real promise there.

 

[Sean Miller Fan]

I think that if Pitt somehow got an average big man next year, we'd have a shot at the NIT/NCAA bubble. Not that we'd achieve that but we'd have a chance.

PG - Carr
SG - Ellison/Stewart/Davis
SF - JWF
PF - Stevensob
C - Average big guy

Sure, we could still finish 15th with that lineup but if we had even a Dante Taylor-type, we could have some hope. Without a legitimate post player, this team cant beat anybody of note

I meant to put Ellison above. I think we would need a couple average big guys, and I'd really like to see Stevenson not having to guard 4s too much in conference play. The perimeter on that team is pretty interesting though. Carr, Ellison, JWF are all capable scorers (assuming Ellison has continued to develop) and good athletes. Stevenson is showing that he is capable too. Stewart and Davis have promise as bench guys.

I hate to get myself too excited, but there is some real promise there.

There are some signs. But unless we get average post players or one of these guys turns average, this team has no chance.

 

[Joe the Panther Fan]

What it showed is that Barnes drew up a contract which paid half in "base salary" and the other half in non-base salary (not bonuses). This is very likely to be how Stallings's contact is structured. If he is making $1.75 million per here, it would mean $875K is base salary and the other $875K is non-base salary so his buyout would be tied to the base salary amount, meaning its much more manageable than anyone thinks.

The non-base salary stuff is things like contributions to a retirement account and retention and other bonuses, stuff like that. Of course schools don't continue funding someone's retirement account when they no longer work at the school. Of course schools don't pay out retention and and longevity bonuses to people who do not work there anymore. Of course schools don't pay out housing allowances when the coach is no longer living and working in the area. Of course the coach is no longer going to collect money from a school's shoe contract when he no longer coaches the team that the shoes are being provided for. Of course the coach is no longer going to collect his money for doing a coach's show when they are no longer doing the show. The fact that people don't get paid for that kind of stuff after they get fired isn't some sort of revelation as you seem to think, it's actually common sense.

The fact is that the more that you post on this topic the more obvious it is that you have no idea what you are talking about. I've never seen anyone so sure about something before that they actually get almost completely wrong, to the point where they post a link that shows they got it wrong and still somehow think that it's a point in their favor.

 

[Fredact]

Very informative article about the contract for Barnes's new splash hire at Oregon State.

Its not years left x annual salary as most people seem to think.

http://www.oregonlive.com/beavers/index.ssf/2017/12/oregon_state_football_coach_jo.html

Unless slam-dunks like Pitino, Matta, Crean, Sean Miller (I can still dream) are knocking down Heather's door, I am all for giving Stallings a 3rd year. Mostly because I think that while he underachieved in Year 1, the cards he was dealt for Year 2 are about as bad as could be dealt. Besides that though, I'm not that interested in whatever hot mid-major coach wins their conference tournament this year. Those guys don't work out as much as you think. And whoever coaches a CAA or MAAC to the tournament is not going to increase Pitt season ticket sales by any significant degree.

What cards was he dealt in year 2? He hand picked nearly every one of those cards.

 

[mbrannagan]

There are some signs. But unless we get average post players or one of these guys turns average, this team has no chance.

Yeah, I start to get a little hopeful and then a game last night happens where we nearly lose to a team that we shouldn't even be close with.