Barstool Pitt @stoolpitt, tweeted buyout for Stallings settled for after ACC tourney.
Not sure if that is after today's loss or Championship.
Not sure if that is after today's loss or Championship.
Barstool Sports reporting $6.5 million buyout after ACC tourney
- Thread starter IamHeisenberg
- Start date
Wouldn’t give it much credibility.
They crowd source from internet message boards.
Also had izzo resigning
They crowd source from internet message boards.
Also had izzo resigning
i hope they dont drug test at your job...lol
Then it is time to take accountability of your life and be prepared to meet St. Peter at the Pearly Gates because the world is about to end.
Exactly!
This is why hiring the right people is so important!
Here we're "nickel & diming" sports across the board, not hiring extra coaches or adequate assistants and $6.5 mill goes out the door ?
To get rid of someone who shouldn't have been hired in the first place!
Spending on PITT athletics is a Zero Sum Game! Spend in one sport others have to make it up or take a spending cut.
Gallagher and the PITT Leadership Team better wake up from their academic stuper!
If they weren't watching the Stalling hire they better put their Chardonay down and pay attention to future sports coaching hires! It's a dirty, sweaty, business, someone has to win and someone has to lose, it's part of the U and PITT Leadership should be puttin more time into this segment of the U!
"it's five o'clock somewhere"
Signed: Mr Buffett
Go PITT & CSU Rams!
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Funny how that 6.5 mill buyout keeps popping up on different forums. I first saw it here. Then on facebook. Now this. Ain't the internet great?
Some say it influenced ACC to sign GOR and B10 to invite Md,Rut.
And then you have Colin Dunlap’s tweet. I’m more and more convinced no one knows anything at all...
We did overachieve at the Day of Giving. Maybe take some of the money from there, or have another Day of Giving. The Day of Sacking.
Even in dreams/heaven we only make the Sweet 16?
The only reason for KS to negotiate is to get away from the nightmare he’s living !
No one ( fan ) was happy with this hire , but no one expected it to be this bad and that includes KS , couldn’t blame him one bit to take the money and run as far from Pgh as he can .
No one ( fan ) was happy with this hire , but no one expected it to be this bad and that includes KS , couldn’t blame him one bit to take the money and run as far from Pgh as he can .
LOL, that's hilarious JRip. I actually laughed out loud. yes, even in my eternal afterlife, we still lose in the round of sweet 16.
It makes sense for Stallings. Remember, he was on his way out at Vandy, in fact my office neighbor ran in when we hired him than us for taking Stallings off their hands. So before these 2 miserable years in Pittsburgh, he was facing scrutiny at Vandy for a few more. He could trade all that in for, after tax, 4 million in cash. If he drops that into a retirement account and withdraws 4% every year, he's making more than double the average U.S. household income doing nothing. That ain't a bad life.
That was and is my opinion and I'll stick with it until I see KS driving out of town!
But given the latest/greatest rumors/information it's likely that I'll be wrong which is fine since KS was a terrible hire and a worse coach.
I was just commenting on the proposed / rumored buyout and the waste of $ 6 + million to get rid of a coach who shouldn't have been hired, if PITT Leadership had properly conducted their "due dilligence" on a multi million dollar, six year contractual transaction!
That's $ 6 + mill which could have been invested in other sports endeavors.
PITT will now look to recoup the buyout from basketball other athletic programs, which is the exact definition of a Zero Sum Game.
Their usual methodlogy is to skimp on assistants and assistant coach pay which ends up being couner productive forcing HC's to be less productive and turnover in that area.
But we'll see won't we!
This is a perfect opportunity for AD Lyke to attain PITT Superstar Status or PITT AD business as usual.
"it's five o'clock somewhere"
Signed: Mr Buffett
Go PITT & CSU Rams!
Wins and losses are zero sum. Profits are not.
Also, give ADHL a chance at a major coaching hire. Of her three coaching hires, two have been great and one has excellent potential.
LOL!!! He’s actually probably in line to be GETTING SOME of it. For his, you know, “help” in KS getting this great deal.
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First point there are NO profits from PITT athletics. PITT sports in total are a revenue / cash drain on the University. Many posters have pointed this out and presented the numbers.
Maybe this will help! Here's the definition right off the internet of Zero Sum Game.
Definition of zero-sum game
: a situation in which one person or group can win something only by causing another person or group to lose it
- Dividing up the budget is a zero-sum game.
So yes wins and losses are a Zero Sum Game and so is an athletic budget or PITT athletic expenditures.
At PITT money spent on PITT athletics is carefully allocated due to the lack of sufficient revenues from sports and low donations.
So if PITT blows $ 6+ mill to send Stalling on a great summer vacation if will have to reduce the sports budget or not spend money on other PITT athletic endeavors to make up the $ 6 mill, offset by an increase in revenues from basketball attendance.
The PITT athletic budget is the Ultimate Zero Sum Game!
"it's five o'clock somewhere"
Signed: Mr Buffett
Go PITT & CSU Rams!
On the contrary, Barnes might get at least half - from Stallings.....his reward for: (1) hiring Stallings, and then (2) bequeathing him that ridiculous contract.
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