450bench
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RE: For Those Thinking Pastner Will Automatically Take a Reduced Buyout , Ask Notre Dame
(12-31-2015 06:32 PM)Irish Wrote: 50% or 75 % doesn't matter. I'm sure it takes a toll on him. Let's hope things work out for all concerned. I would like to see folks dial back the personal vilification we sometimes see on this board.
I think you are right. About the personal stuff too. It's just the coaching stuff that matters to most of us.
Personally, I think Pastner knows what's going on with the situation. I think that will contribute to the fact that we will likely have a new coach next year as well.
He's coaching at the moment and at the end of the year things will likely shake out with a change coming.
It can't be pleasant for the guy. He's a human being and is clearly a sharp individual who isn't blind about any of this.
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12-31-2015 06:39 PM |
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Tigx
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For Those Thinking Pastner Will Automatically Take a Reduced Buyout , Ask Notre Dame
(12-31-2015 06:35 PM)Penny Lane Wrote: (12-31-2015 04:54 PM)Tigx Wrote: Tomorrow, 6 years & 30 days after being fired, is Charlie Weis' last day on Notre Dame's payroll. His buyout likely comes to $19 million.
It seems assumed by many, across many threads, that we won't owe Pastner $10.6M if he is let go around April 1st. And the reasoning is . . ., just because we want him to take a lower buyout, I guess.
Seems like I hear that a lot of fired coaches just take their normal payments and let the contract play out. My guess is that Pastner would do the same.
IMO, let's hope we have a good year, and Pastner gets another job offer and leaves on his own.
The logic behind Pastner doing so has to do with the concept of the present value of future payments.
Obviously Penny Lane. Do you actually think people don't understand the concept of the time value of money?
Two problems: 1st, it's Josh's decision whether or not to accept a buyout. 2nd, it would only be 4 remaining years on his contract, and with interest rates/inflation at historic lows, there is almost no financial reason for Josh to take a haircut on what would be owed him.
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12-31-2015 06:41 PM |
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ncrdbl1
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RE: For Those Thinking Pastner Will Automatically Take a Reduced Buyout , Ask Notre Dame
(12-31-2015 05:12 PM)Irish Wrote: (12-31-2015 04:54 PM)Tigx Wrote: Tomorrow, 6 years & 30 days after being fired, is Charlie Weis' last day on Notre Dame's payroll. His buyout likely comes to $19 million.
It seems assumed by many, across many threads, that we won't owe Pastner $10.6M if he is let go around April 1st. And the reasoning is . . ., just because we want him to take a lower buyout, I guess.
Seems like I hear that a lot of fired coaches just take their normal payments and let the contract play out. My guess is that Pastner would do the same.
IMO, let's hope we have a good year, and Pastner gets another job offer and leaves on his own.
It would have to be a really good year for him to get an offer equal to what he has here. And if that good, why would we want him to leave?
For same reason Yates was gone after 5 years and Finch was given 11 even though Yates had better winning percentage. Yates followed Bartow and expectations were higher. If another coach had been hired after Cal and then Pastner came in and did the same thing he has. We would be looking to give him a life time contract. It all has to do with timing.
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12-31-2015 07:11 PM |
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bluebacker
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RE: For Those Thinking Pastner Will Automatically Take a Reduced Buyout , Ask Notre Dame
Forget the other job theory. Where's he going to go and make even 1/2 of what he's making here?
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12-31-2015 07:13 PM |
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450bench
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RE: For Those Thinking Pastner Will Automatically Take a Reduced Buyout , Ask Notre Dame
(12-31-2015 06:41 PM)Tigx Wrote: (12-31-2015 06:35 PM)Penny Lane Wrote: (12-31-2015 04:54 PM)Tigx Wrote: Tomorrow, 6 years & 30 days after being fired, is Charlie Weis' last day on Notre Dame's payroll. His buyout likely comes to $19 million.
It seems assumed by many, across many threads, that we won't owe Pastner $10.6M if he is let go around April 1st. And the reasoning is . . ., just because we want him to take a lower buyout, I guess.
Seems like I hear that a lot of fired coaches just take their normal payments and let the contract play out. My guess is that Pastner would do the same.
IMO, let's hope we have a good year, and Pastner gets another job offer and leaves on his own.
The logic behind Pastner doing so has to do with the concept of the present value of future payments.
Obviously Penny Lane. Do you actually think people don't understand the concept of the time value of money?
Two problems: 1st, it's Josh's decision whether or not to accept a buyout. 2nd, it would only be 4 remaining years on his contract, and with interest rates/inflation at historic lows, there is almost no financial reason for Josh to take a haircut on what would be owed him.
Although this is probably a discussion for this spring, I think Josh will accept a negotiated number to leave. I don't think it will be a contentious meeting and think it will be a very friendly and reasonable buyout negotiation.
Imo, Josh knows how good he's had it here and understands the position he was afforded while being the coach. I'd bet he's very appreciative of everything that has happened to him in his tenure here. He's well aware of what it's meant to his life moving forward monetarily and personally. He's going to get a huge chunk of change to move on to other things and I think he'll be very appreciative of that too. He has no agent and that's a be plus to both sides of this.
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12-31-2015 07:15 PM |
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tigerpride96
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RE: For Those Thinking Pastner Will Automatically Take a Reduced Buyout , Ask Notre Dame
If Pastner were a responsible, moral and ethical person he would have already resigned from his duties as head coach. He saw his one big opportunity and is taking it and will continue to take it as long as he can keep taking free money from our beloved university. It's despicable.
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12-31-2015 07:16 PM |
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MemphisFan95
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RE: For Those Thinking Pastner Will Automatically Take a Reduced Buyout , Ask Notre Dame
(12-31-2015 07:16 PM)tigerpride96 Wrote: If Pastner were a responsible, moral and ethical person he would have already resigned from his duties as head coach. He saw his one big opportunity and is taking it and will continue to take it as long as he can keep taking free money from our beloved university. It's despicable.
Oh stop it
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12-31-2015 07:16 PM |
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macgar32
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RE: For Those Thinking Pastner Will Automatically Take a Reduced Buyout , Ask Notre Dame
(12-31-2015 04:54 PM)Tigx Wrote: Tomorrow, 6 years & 30 days after being fired, is Charlie Weis' last day on Notre Dame's payroll. His buyout likely comes to $19 million.
It seems assumed by many, across many threads, that we won't owe Pastner $10.6M if he is let go around April 1st. And the reasoning is . . ., just because we want him to take a lower buyout, I guess.
Seems like I hear that a lot of fired coaches just take their normal payments and let the contract play out. My guess is that Pastner would do the same.
IMO, let's hope we have a good year, and Pastner gets another job offer and leaves on his own.
The Nets were still paying Cal for years after he got to Memphis...
So yeah this is not uncommon.
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12-31-2015 07:19 PM |
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MTigerBlue
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RE: For Those Thinking Pastner Will Automatically Take a Reduced Buyout
(12-31-2015 07:11 PM)ncrdbl1 Wrote: (12-31-2015 05:12 PM)Irish Wrote: (12-31-2015 04:54 PM)Tigx Wrote: Tomorrow, 6 years & 30 days after being fired, is Charlie Weis' last day on Notre Dame's payroll. His buyout likely comes to $19 million.
It seems assumed by many, across many threads, that we won't owe Pastner $10.6M if he is let go around April 1st. And the reasoning is . . ., just because we want him to take a lower buyout, I guess.
Seems like I hear that a lot of fired coaches just take their normal payments and let the contract play out. My guess is that Pastner would do the same.
IMO, let's hope we have a good year, and Pastner gets another job offer and leaves on his own.
It would have to be a really good year for him to get an offer equal to what he has here. And if that good, why would we want him to leave?
For same reason Yates was gone after 5 years and Finch was given 11 even though Yates had better winning percentage. Yates followed Bartow and expectations were higher. If another coach had been hired after Cal and then Pastner came in and did the same thing he has. We would be looking to give him a life time contract. It all has to do with timing.
I've got a hunch playing one tournament game in 5 years had a little something to do with Yates being fired, but who knows? Maybe they were calculating his winning percentage and forgot to carry a one.
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12-31-2015 07:28 PM |
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macgar32
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RE: For Those Thinking Pastner Will Automatically Take a Reduced Buyout , Ask Notre Dame
(12-31-2015 07:11 PM)ncrdbl1 Wrote: (12-31-2015 05:12 PM)Irish Wrote: (12-31-2015 04:54 PM)Tigx Wrote: Tomorrow, 6 years & 30 days after being fired, is Charlie Weis' last day on Notre Dame's payroll. His buyout likely comes to $19 million.
It seems assumed by many, across many threads, that we won't owe Pastner $10.6M if he is let go around April 1st. And the reasoning is . . ., just because we want him to take a lower buyout, I guess.
Seems like I hear that a lot of fired coaches just take their normal payments and let the contract play out. My guess is that Pastner would do the same.
IMO, let's hope we have a good year, and Pastner gets another job offer and leaves on his own.
It would have to be a really good year for him to get an offer equal to what he has here. And if that good, why would we want him to leave?
For same reason Yates was gone after 5 years and Finch was given 11 even though Yates had better winning percentage. Yates followed Bartow and expectations were higher. If another coach had been hired after Cal and then Pastner came in and did the same thing he has. We would be looking to give him a life time contract. It all has to do with timing.
So why was finch fired after a Sweet 16, NCAA Tourney Appearance and NIT appearance? Seems Finch was held to a higher standard than Pastner.
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12-31-2015 07:45 PM |
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Irish
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RE: For Those Thinking Pastner Will Automatically Take a Reduced Buyout , Ask Notre Dame
(12-31-2015 07:45 PM)macgar32 Wrote: (12-31-2015 07:11 PM)ncrdbl1 Wrote: (12-31-2015 05:12 PM)Irish Wrote: (12-31-2015 04:54 PM)Tigx Wrote: Tomorrow, 6 years & 30 days after being fired, is Charlie Weis' last day on Notre Dame's payroll. His buyout likely comes to $19 million.
It seems assumed by many, across many threads, that we won't owe Pastner $10.6M if he is let go around April 1st. And the reasoning is . . ., just because we want him to take a lower buyout, I guess.
Seems like I hear that a lot of fired coaches just take their normal payments and let the contract play out. My guess is that Pastner would do the same.
IMO, let's hope we have a good year, and Pastner gets another job offer and leaves on his own.
It would have to be a really good year for him to get an offer equal to what he has here. And if that good, why would we want him to leave?
For same reason Yates was gone after 5 years and Finch was given 11 even though Yates had better winning percentage. Yates followed Bartow and expectations were higher. If another coach had been hired after Cal and then Pastner came in and did the same thing he has. We would be looking to give him a life time contract. It all has to do with timing.
So why was finch fired after a Sweet 16, NCAA Tourney Appearance and NIT appearance? Seems Finch was held to a higher standard than Pastner.
Because season ticket sales dropped like a rock. That's what did Finch in.
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12-31-2015 07:49 PM |
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Tiger Greg
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RE: For Those Thinking Pastner Will Automatically Take a Reduced Buyout , Ask Notre Dame
(12-31-2015 07:45 PM)macgar32 Wrote: (12-31-2015 07:11 PM)ncrdbl1 Wrote: (12-31-2015 05:12 PM)Irish Wrote: (12-31-2015 04:54 PM)Tigx Wrote: Tomorrow, 6 years & 30 days after being fired, is Charlie Weis' last day on Notre Dame's payroll. His buyout likely comes to $19 million.
It seems assumed by many, across many threads, that we won't owe Pastner $10.6M if he is let go around April 1st. And the reasoning is . . ., just because we want him to take a lower buyout, I guess.
Seems like I hear that a lot of fired coaches just take their normal payments and let the contract play out. My guess is that Pastner would do the same.
IMO, let's hope we have a good year, and Pastner gets another job offer and leaves on his own.
It would have to be a really good year for him to get an offer equal to what he has here. And if that good, why would we want him to leave?
For same reason Yates was gone after 5 years and Finch was given 11 even though Yates had better winning percentage. Yates followed Bartow and expectations were higher. If another coach had been hired after Cal and then Pastner came in and did the same thing he has. We would be looking to give him a life time contract. It all has to do with timing.
So why was finch fired after a Sweet 16, NCAA Tourney Appearance and NIT appearance? Seems Finch was held to a higher standard than Pastner.
I know why but I ain't saying. I'll leaave that to the political/religious board.
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12-31-2015 07:51 PM |
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macgar32
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RE: For Those Thinking Pastner Will Automatically Take a Reduced Buyout , Ask Notre Dame
(12-31-2015 07:49 PM)Irish Wrote: (12-31-2015 07:45 PM)macgar32 Wrote: (12-31-2015 07:11 PM)ncrdbl1 Wrote: (12-31-2015 05:12 PM)Irish Wrote: (12-31-2015 04:54 PM)Tigx Wrote: Tomorrow, 6 years & 30 days after being fired, is Charlie Weis' last day on Notre Dame's payroll. His buyout likely comes to $19 million.
It seems assumed by many, across many threads, that we won't owe Pastner $10.6M if he is let go around April 1st. And the reasoning is . . ., just because we want him to take a lower buyout, I guess.
Seems like I hear that a lot of fired coaches just take their normal payments and let the contract play out. My guess is that Pastner would do the same.
IMO, let's hope we have a good year, and Pastner gets another job offer and leaves on his own.
It would have to be a really good year for him to get an offer equal to what he has here. And if that good, why would we want him to leave?
For same reason Yates was gone after 5 years and Finch was given 11 even though Yates had better winning percentage. Yates followed Bartow and expectations were higher. If another coach had been hired after Cal and then Pastner came in and did the same thing he has. We would be looking to give him a life time contract. It all has to do with timing.
So why was finch fired after a Sweet 16, NCAA Tourney Appearance and NIT appearance? Seems Finch was held to a higher standard than Pastner.
Because season ticket sales dropped like a rock. That's what did Finch in.
That was part of it...But my point was that it is not all about performance and Timing or Josh would have been gone long ago.
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12-31-2015 07:52 PM |
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macgar32
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RE: For Those Thinking Pastner Will Automatically Take a Reduced Buyout , Ask Notre Dame
(12-31-2015 07:51 PM)Tiger Greg Wrote: (12-31-2015 07:45 PM)macgar32 Wrote: (12-31-2015 07:11 PM)ncrdbl1 Wrote: (12-31-2015 05:12 PM)Irish Wrote: (12-31-2015 04:54 PM)Tigx Wrote: Tomorrow, 6 years & 30 days after being fired, is Charlie Weis' last day on Notre Dame's payroll. His buyout likely comes to $19 million.
It seems assumed by many, across many threads, that we won't owe Pastner $10.6M if he is let go around April 1st. And the reasoning is . . ., just because we want him to take a lower buyout, I guess.
Seems like I hear that a lot of fired coaches just take their normal payments and let the contract play out. My guess is that Pastner would do the same.
IMO, let's hope we have a good year, and Pastner gets another job offer and leaves on his own.
It would have to be a really good year for him to get an offer equal to what he has here. And if that good, why would we want him to leave?
For same reason Yates was gone after 5 years and Finch was given 11 even though Yates had better winning percentage. Yates followed Bartow and expectations were higher. If another coach had been hired after Cal and then Pastner came in and did the same thing he has. We would be looking to give him a life time contract. It all has to do with timing.
So why was finch fired after a Sweet 16, NCAA Tourney Appearance and NIT appearance? Seems Finch was held to a higher standard than Pastner.
I know why but I ain't saying. I'll leaave that to the political/religious board.
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12-31-2015 07:53 PM |
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ncrdbl1
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RE: For Those Thinking Pastner Will Automatically Take a Reduced Buyout , Ask Notre Dame
(12-31-2015 07:28 PM)MTigerBlue Wrote: (12-31-2015 07:11 PM)ncrdbl1 Wrote: (12-31-2015 05:12 PM)Irish Wrote: (12-31-2015 04:54 PM)Tigx Wrote: Tomorrow, 6 years & 30 days after being fired, is Charlie Weis' last day on Notre Dame's payroll. His buyout likely comes to $19 million.
It seems assumed by many, across many threads, that we won't owe Pastner $10.6M if he is let go around April 1st. And the reasoning is . . ., just because we want him to take a lower buyout, I guess.
Seems like I hear that a lot of fired coaches just take their normal payments and let the contract play out. My guess is that Pastner would do the same.
IMO, let's hope we have a good year, and Pastner gets another job offer and leaves on his own.
It would have to be a really good year for him to get an offer equal to what he has here. And if that good, why would we want him to leave?
For same reason Yates was gone after 5 years and Finch was given 11 even though Yates had better winning percentage. Yates followed Bartow and expectations were higher. If another coach had been hired after Cal and then Pastner came in and did the same thing he has. We would be looking to give him a life time contract. It all has to do with timing.
I've got a hunch playing one tournament game in 5 years had a little something to do with Yates being fired, but who knows? Maybe they were calculating his winning percentage and forgot to carry a one.
Smaller field in those days. The biggest field of his Memphis career was 32 teams. With field of 64 he very easily could have gone in 3 of his 5 years. Still made the NIT at 20-9 after Gunn passed in Dec of 77. Easioly coudl have gone that year and the next with Gunn in the middle of the lane.
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12-31-2015 07:53 PM |
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MTigerBlue
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RE: For Those Thinking Pastner Will Automatically Take a Reduced Buyout , Ask Notre Dame
(12-31-2015 07:53 PM)ncrdbl1 Wrote: (12-31-2015 07:28 PM)MTigerBlue Wrote: (12-31-2015 07:11 PM)ncrdbl1 Wrote: (12-31-2015 05:12 PM)Irish Wrote: (12-31-2015 04:54 PM)Tigx Wrote: Tomorrow, 6 years & 30 days after being fired, is Charlie Weis' last day on Notre Dame's payroll. His buyout likely comes to $19 million.
It seems assumed by many, across many threads, that we won't owe Pastner $10.6M if he is let go around April 1st. And the reasoning is . . ., just because we want him to take a lower buyout, I guess.
Seems like I hear that a lot of fired coaches just take their normal payments and let the contract play out. My guess is that Pastner would do the same.
IMO, let's hope we have a good year, and Pastner gets another job offer and leaves on his own.
It would have to be a really good year for him to get an offer equal to what he has here. And if that good, why would we want him to leave?
For same reason Yates was gone after 5 years and Finch was given 11 even though Yates had better winning percentage. Yates followed Bartow and expectations were higher. If another coach had been hired after Cal and then Pastner came in and did the same thing he has. We would be looking to give him a life time contract. It all has to do with timing.
I've got a hunch playing one tournament game in 5 years had a little something to do with Yates being fired, but who knows? Maybe they were calculating his winning percentage and forgot to carry a one.
Smaller field in those days. The biggest field of his Memphis career was 32 teams. With field of 64 he very easily could have gone in 3 of his 5 years. Still made the NIT at 20-9 after Gunn passed in Dec of 77. Easioly coudl have gone that year and the next with Gunn in the middle of the lane.
Agreed. If Pastner had to compete on an even playing field with Yates, he wouldn't have even made one tournament game.
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12-31-2015 08:08 PM |
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Tiger Greg
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RE: For Those Thinking Pastner Will Automatically Take a Reduced Buyout , Ask Notre Dame
How many automatic qualifiers did Pastner win?
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12-31-2015 08:12 PM |
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MTigerBlue
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RE: For Those Thinking Pastner Will Automatically Take a Reduced Buyout , Ask Notre Dame
(12-31-2015 08:12 PM)Tiger Greg Wrote: How many automatic qualifiers did Pastner win?
Pretty sure there was no AQ in the brand new Metro Conference -- not that it would have mattered.
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12-31-2015 08:17 PM |
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Tiger Greg
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RE: For Those Thinking Pastner Will Automatically Take a Reduced Buyout , Ask Notre Dame
As usual, lose the argument, move the goal line.
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12-31-2015 08:21 PM |
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Tiger1983
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RE: For Those Thinking Pastner Will Automatically Take a Reduced Buyout , Ask Notre Dame
(12-31-2015 07:16 PM)tigerpride96 Wrote: If Pastner were a responsible, moral and ethical person he would have already resigned from his duties as head coach. He saw his one big opportunity and is taking it and will continue to take it as long as he can keep taking free money from our beloved university. It's despicable.
Thank you, I needed a chuckle!
(This post was last modified: 12-31-2015 08:25 PM by Tiger1983.)
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12-31-2015 08:24 PM |
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