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FSU Buyout dispute?
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Herff Tiger Offline
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Post: #21
RE: FSU Buyout dispute?
(12-07-2019 12:22 AM)MvETigers Wrote:  
(12-07-2019 12:18 AM)Tigergary Wrote:  
(12-07-2019 12:15 AM)MvETigers Wrote:  
(12-06-2019 11:53 PM)Tigergary Wrote:  I have no "inside" sources but because I have 120 job sites around the country I get to talk to some local people who provide insight. Anyways latest I've heard is Sexton is asking 15 to 18 mil buyout for Mike if hes fired. This is causing pause in contract negotiations if true. Dont at me. It could be bs. But I deal alot with this guy in Florida.

Unless Sexton just doesn't want him to take the FSU job, those numbers have to be wrong.

Dont know what sexton's angle would be then. Every agent wants their client to get paid.
I'm just wondering if or what we've offered.

He might have a little leverage, but I don't know of any college contract that is anywhere close to those numbers on the buyout clause.

The coach they just fired after 21 games has 18 million. Maybe not in set dollars, but as someone posted ___% of the remaining balance that totals to 18 mil.
12-07-2019 02:18 AM
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mapdude Online
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Post: #22
RE: FSU Buyout dispute?
All I gotta say is the next Memphis coach better have a significant buyout number that will carry some weight. Gotta stop this crap from happening every 4 years.
12-07-2019 08:56 AM
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aardWolf Online
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Post: #23
FSU Buyout dispute?
(12-07-2019 08:56 AM)mapdude Wrote:  All I gotta say is the next Memphis coach better have a significant buyout number that will carry some weight. Gotta stop this crap from happening every 4 years.


And then we get stuck with a Larry Porter for five years that we can’t afford to fire.
12-07-2019 08:58 AM
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Halfcourt Offline
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Post: #24
RE: FSU Buyout dispute?
(12-07-2019 08:56 AM)mapdude Wrote:  All I gotta say is the next Memphis coach better have a significant buyout number that will carry some weight. Gotta stop this crap from happening every 4 years.

ALL coaches have a shelf life. Four yrs of a good/great coach is pretty decent. .....Next.
12-07-2019 09:27 AM
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memphistiger89 Offline
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Post: #25
RE: FSU Buyout dispute?
(12-07-2019 09:27 AM)Halfcourt Wrote:  
(12-07-2019 08:56 AM)mapdude Wrote:  All I gotta say is the next Memphis coach better have a significant buyout number that will carry some weight. Gotta stop this crap from happening every 4 years.

ALL coaches have a shelf life. Four yrs of a good/great coach is pretty decent. .....Next.

Yep. It would be great if he stayed but probably not going to happen. He had a great run at Memphis and elevated the program even more. I think Norvell has also shown the right coach can win pretty big at Memphis.

Here's to the administration making another great hire.

04-cheers
12-07-2019 09:30 AM
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BinghamptonNed Offline
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Post: #26
RE: FSU Buyout dispute?
(12-07-2019 08:56 AM)mapdude Wrote:  All I gotta say is the next Memphis coach better have a significant buyout number that will carry some weight. Gotta stop this crap from happening every 4 years.



That's easy, get a coach nobody wants and he will agree to a huge buyout.
12-07-2019 09:34 AM
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Mimi Offline
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Post: #27
RE: FSU Buyout dispute?
When we hired Norvell it was near universal here THEN that we would be okay if he lineages in 3-4 years if that means we keep winning

Well, it happened

Last year the team went 8-6, 8-4 at the end of the regular season

If they were similar this season, we would have had a good season and it is very possible he would be completely gearing up for a fifth year here and a minor Bowl game

New hire really matters. Must be someone who has a complete plan. While he has not coached long I like the ULL coach Napier because philosophically he will be an unquestioned leader.

And if something like that happens and we go 11-1 again next season that coach may be gone too
12-07-2019 09:52 AM
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BigBlueTiger901 Offline
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Post: #28
RE: FSU Buyout dispute?
(12-07-2019 09:34 AM)BinghamptonNed Wrote:  
(12-07-2019 08:56 AM)mapdude Wrote:  All I gotta say is the next Memphis coach better have a significant buyout number that will carry some weight. Gotta stop this crap from happening every 4 years.



That's easy, get a coach nobody wants and he will agree to a huge buyout.

It's a little different this time. Memphis is in a position that if they get the hire right, it could be a run similar to Boise State under Petersen. You could find a coach that agrees to a buyout that is large enough that only one of the premiere jobs in the country would be willing to pay for it. The thought process being finding someone confident enough in the current state of the program that they would only leave for one of those top 15 jobs. The selling point from the U of M is look at the talent you are taking over. It's already set up for success.

Mike Norvell is leaving for one of those top 15 jobs.

The problem is getting 3 consecutive coaching hires right. This rarely happens. In fact, the only one I can think of would be Tressel/Urban/Day
12-07-2019 09:58 AM
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Tigx Offline
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Post: #29
RE: FSU Buyout dispute?
(12-06-2019 11:53 PM)Tigergary Wrote:  I have no "inside" sources but because I have 120 job sites around the country I get to talk to some local people who provide insight. Anyways latest I've heard is Sexton is asking 15 to 18 mil buyout for Mike if hes fired. This is causing pause in contract negotiations if true. Dont at me. It could be bs. But I deal alot with this guy in Florida.

That's conflating the two buyouts, which happens this time of year.

A fired coach's buyout is simply what remains on his contract. But now that all these schools are getting stung giving a lot of average coaches who they later fire huge contracts, the schools are trying to put clauses in that allow them to pay less than the full amount owed.

Florida State actually did this with Taggart, but they still owe him a ton of dough: https://www.springfieldnewssun.com/sport...gwQsRiIxH/ "If Florida State fired Taggart, the school will owe him 85% of whatever money is remaining on the contract."

So sounds like Florida State tried to put this clause in Norvell's deal, of course Sexton fought it. Not a big deal, imo, Florida State has plenty of money.
(This post was last modified: 12-07-2019 10:12 AM by Tigx.)
12-07-2019 10:06 AM
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Tigx Offline
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Post: #30
RE: FSU Buyout dispute?
(12-07-2019 08:56 AM)mapdude Wrote:  All I gotta say is the next Memphis coach better have a significant buyout number that will carry some weight. Gotta stop this crap from happening every 4 years.

Would make no difference if Coach Norvell's buyout was $5M instead of $500K, schools like Florida State have plenty of money. FSU is out $20M by getting rid of Taggart in his second season, money won't stop them from getting the coach they want. The U of M administration is smart enough to know this, so they don't insist on huge buyout numbers in their coach's contracts.
12-07-2019 10:11 AM
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steves Offline
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Post: #31
RE: FSU Buyout dispute?
I think FSU is going to negotiate that down ...
I'm betting CMN is chomping at the bit for that job ...
I think Brady White follows him to Tallahassee ...
I think we hire Silverfield ... Who keeps 3 coaches.
I think we loose another damn bowl game.

I think we win our first outright AAC Title today !!!07-coffee3
12-07-2019 10:46 AM
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DallasTiger Offline
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Post: #32
RE: FSU Buyout dispute?
(12-07-2019 01:55 AM)thagr82008 Wrote:  If FSU were smart...they should just roll with the interim that’s been there for 14 years... he’s the consensus pick...He could be had on the “cheap” while they upgrade facilities and get their shiitake together down there....ANY other coach is going to feel immense pressure to perform/succeed immediately and unfortunately it’s just NOT that type of situation currently....It’s getting painful to fathom CMN leaving the comforts of Memphis for that s****storm
Wouldn't it be weird if we hire FSU acting head football coach Odell Haggins as our head coach? Here is his bio.

https://seminoles.com/staff/odell-haggins/
(This post was last modified: 12-07-2019 11:11 AM by DallasTiger.)
12-07-2019 11:11 AM
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Alanda Offline
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Post: #33
RE: FSU Buyout dispute?
(12-07-2019 08:56 AM)mapdude Wrote:  All I gotta say is the next Memphis coach better have a significant buyout number that will carry some weight. Gotta stop this crap from happening every 4 years.

It wouldn't necessarily stop it IMO, but it would at least allow the school to make more money back. If the person wants to go and the other school wants them bad enough, then the other school will just pay that buyout.
12-07-2019 12:05 PM
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MemphisRTL Offline
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Post: #34
RE: FSU Buyout dispute?
(12-07-2019 12:05 PM)Alanda Wrote:  
(12-07-2019 08:56 AM)mapdude Wrote:  All I gotta say is the next Memphis coach better have a significant buyout number that will carry some weight. Gotta stop this crap from happening every 4 years.

It wouldn't necessarily stop it IMO, but it would at least allow the school to make more money back. If the person wants to go and the other school wants them bad enough, then the other school will just pay that buyout.

On the flip side though, if it’s a dud hire the university would be on the hook to get rid of him.
12-07-2019 12:13 PM
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Alanda Offline
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Post: #35
RE: FSU Buyout dispute?
(12-07-2019 12:13 PM)MemphisRTL Wrote:  
(12-07-2019 12:05 PM)Alanda Wrote:  
(12-07-2019 08:56 AM)mapdude Wrote:  All I gotta say is the next Memphis coach better have a significant buyout number that will carry some weight. Gotta stop this crap from happening every 4 years.

It wouldn't necessarily stop it IMO, but it would at least allow the school to make more money back. If the person wants to go and the other school wants them bad enough, then the other school will just pay that buyout.

On the flip side though, if it’s a dud hire the university would be on the hook to get rid of him.

Depends on how much they are paying him. There are two types of buyouts. One if the coach is fired, the other if he wants to leave. The OP is about the fired buyout. Mapdude's post is about the leaving on your own buyout. I'm not going to act like I know what are typical amounts for how much a coach signs for vs how much their "leaving" buyout would be, but hopefully going forward Memphis will have something in place that's higher than 500k.
12-07-2019 12:25 PM
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New Here 101 Offline
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Post: #36
RE: FSU Buyout dispute?
(12-07-2019 10:46 AM)steves Wrote:  I think FSU is going to negotiate that down ...
I'm betting CMN is chomping at the bit for that job ...
I think Brady White follows him to Tallahassee ...
I think we hire Silverfield ... Who keeps 3 coaches.
I think we loose another damn bowl game.

I think we win our first outright AAC Title today !!!07-coffee3


Now, Mike is not the type of guy to take players with him...
12-07-2019 12:37 PM
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Halfcourt Offline
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Post: #37
RE: FSU Buyout dispute?
(12-07-2019 12:37 PM)New Here 101 Wrote:  
(12-07-2019 10:46 AM)steves Wrote:  I think FSU is going to negotiate that down ...
I'm betting CMN is chomping at the bit for that job ...
I think Brady White follows him to Tallahassee ...
I think we hire Silverfield ... Who keeps 3 coaches.
I think we loose another damn bowl game.

I think we win our first outright AAC Title today !!!07-coffee3


Now, Mike is not the type of guy to take players with him...

That would be Brady’s 2nd transfer. Not sure how/if that affects the grad transfer.
12-07-2019 12:41 PM
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UOFMGLENN Online
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Post: #38
RE: FSU Buyout dispute?
(12-07-2019 12:41 PM)Halfcourt Wrote:  
(12-07-2019 12:37 PM)New Here 101 Wrote:  
(12-07-2019 10:46 AM)steves Wrote:  I think FSU is going to negotiate that down ...
I'm betting CMN is chomping at the bit for that job ...
I think Brady White follows him to Tallahassee ...
I think we hire Silverfield ... Who keeps 3 coaches.
I think we loose another damn bowl game.

I think we win our first outright AAC Title today !!!07-coffee3


Now, Mike is not the type of guy to take players with him...

That would be Brady’s 2nd transfer. Not sure how/if that affects the grad transfer.
I think you can only use the graduate transfer exception one time if I am reading the NCAA rules correctly. But then again I have some ADD and lose interest sometimes when reading sh_t. Wait I don't remember what point I was making.
(This post was last modified: 12-07-2019 12:58 PM by UOFMGLENN.)
12-07-2019 12:57 PM
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New Here 101 Offline
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Post: #39
RE: FSU Buyout dispute?
Nobody :

Tiger fans at Kroger buying fried chiggen and beer: Well, he could get 4 million. He makes 3 million now.
12-07-2019 01:50 PM
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New Here 101 Offline
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RE: FSU Buyout dispute?
I have a feeling there will be a lot of broken hearts at the end of the day.

Mainly players who came to play for Memphis with Mike Norvell.

And clueless fans who think it's not the money.

Memphis donated 30 million dollars to the Josh Jag Off and Tubby Retirement fund but can't find 30 million for a WINNING football coach?

Okay.
12-07-2019 01:53 PM
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