Dang! Moving fast...bet he has his staff pretty much already in place


https://mobile.twitter.com/JonRothstein/...2835968000

Be Healed my sons and daughters!

(03-14-2018 01:23 PM)midtowncowboy Wrote:  Be Healed my sons and daughters!

THIS!

Rothstein, too? Man, the gangs all here

Hope he would accept far less than the money we were paying Orlando at first then get raises later.

(03-14-2018 01:39 PM)ncrdbl1 Wrote:  Hope he would accept fat less than the money we were paying Orlando at first then get raises later.

It is not up to Penny to accept less in order to help pay for Tubby. Would look hinky to fire Tubby and hire Penny for less than even a competitive salary for an assistant. You want to be at the top you invest what it takes to get there. It is a business, plain and simple. Pay Penny well.

(03-14-2018 01:57 PM)SayWhat? Wrote:  

(03-14-2018 01:39 PM)ncrdbl1 Wrote:  Hope he would accept fat less than the money we were paying Orlando at first then get raises later.

It is not up to Penny to accept less in order to help pay for Tubby. Would look hinky to fire Tubby and hire Penny for less than even a competitive salary for an assistant. You want to be at the top you invest what it takes to get there. It is a business, plain and simple. Pay Penny well.

Penny is not going to take less money. That was always foolish thinking.

It will be closer to Smith $$ than most people here think.

(03-14-2018 01:57 PM)SayWhat? Wrote:  

(03-14-2018 01:39 PM)ncrdbl1 Wrote:  Hope he would accept fat less than the money we were paying Orlando at first then get raises later.

It is not up to Penny to accept less in order to help pay for Tubby. Would look hinky to fire Tubby and hire Penny for less than even a competitive salary for an assistant. You want to be at the top you invest what it takes to get there. It is a business, plain and simple. Pay Penny well.

It isn't up to us to pay top dollar for a coach with no experience of any kind coaching at the university or professional level. It's a business, plain and simple.

Low base, lots of incentives.

(03-14-2018 01:57 PM)SayWhat? Wrote:  

(03-14-2018 01:39 PM)ncrdbl1 Wrote:  Hope he would accept fat less than the money we were paying Orlando at first then get raises later.

It is not up to Penny to accept less in order to help pay for Tubby. Would look hinky to fire Tubby and hire Penny for less than even a competitive salary for an assistant. You want to be at the top you invest what it takes to get there. It is a business, plain and simple. Pay Penny well.

That makes no sense whatsoever. If Penny is willing to work for less, you pay him less and save money.

What good did it do to make Tubby Smith one of the 15 highest paid coaches in the country?

Generally speaking, you pay a guy his market value. Has Memphis been able to throw a lot of money around at coaches in the past? Yes. Can Memphis attract a coach that deserves to be one of the highest paid coaches at the time of hire? Absolutely not.

Kentucky paid Calipari an astronomical amount of money when they hired him because guess what: HE WAS WORTH IT THEN!

Back to Penny. All signs indicates he wants the job. I wouldn't low ball him if it becomes a source of contention, but I also wouldn't pay him above his market value if he starts to get greedy. They already f'd up with Tubby.

(03-14-2018 02:05 PM)FlyingTiger2016 Wrote:  

(03-14-2018 01:57 PM)SayWhat? Wrote:  

(03-14-2018 01:39 PM)ncrdbl1 Wrote:  Hope he would accept fat less than the money we were paying Orlando at first then get raises later.

It is not up to Penny to accept less in order to help pay for Tubby. Would look hinky to fire Tubby and hire Penny for less than even a competitive salary for an assistant. You want to be at the top you invest what it takes to get there. It is a business, plain and simple. Pay Penny well.

Penny is not going to take less money. That was always foolish thinking.

It will be closer to Smith $$ than most people here think.

There are only around 30 coaches making more than $1 million. I'm too lazy to look it up, but isn't Norvell making $2.6 million? $1.5 million would be very very generous on the school's part.

(03-14-2018 02:09 PM)Stammers Wrote:  

(03-14-2018 02:05 PM)FlyingTiger2016 Wrote:  

(03-14-2018 01:57 PM)SayWhat? Wrote:  

(03-14-2018 01:39 PM)ncrdbl1 Wrote:  Hope he would accept fat less than the money we were paying Orlando at first then get raises later.

It is not up to Penny to accept less in order to help pay for Tubby. Would look hinky to fire Tubby and hire Penny for less than even a competitive salary for an assistant. You want to be at the top you invest what it takes to get there. It is a business, plain and simple. Pay Penny well.

Penny is not going to take less money. That was always foolish thinking.

It will be closer to Smith $$ than most people here think.

There are only around 30 coaches making more than $1 million. I'm too lazy to look it up, but isn't Norvell making $2.6 million? $1.5 million would be very very generous on the school's part.

Totally agree. The idea that you should throw a ton of money around to show that your program is a big boy program is a total fallacy. Again, see how that worked with Tubby. Most people outside of Memphis didn't even realize Tubby was one of the highest paid coaches in the country.

Pay a guy what he's worth!!! Right now, Penny isn't worth north of $3 million. Maybe he will be some day, but he is not right now and that isn't debatable. Start at $1.5 with incentives.

(03-14-2018 02:08 PM)TiminMem23 Wrote:  

(03-14-2018 01:57 PM)SayWhat? Wrote:  

(03-14-2018 01:39 PM)ncrdbl1 Wrote:  Hope he would accept fat less than the money we were paying Orlando at first then get raises later.

It is not up to Penny to accept less in order to help pay for Tubby. Would look hinky to fire Tubby and hire Penny for less than even a competitive salary for an assistant. You want to be at the top you invest what it takes to get there. It is a business, plain and simple. Pay Penny well.

That makes no sense whatsoever. If Penny is willing to work for less, you pay him less and save money.

What good did it do to make Tubby Smith one of the 15 highest paid coaches in the country?

Generally speaking, you pay a guy his market value. Has Memphis been able to throw a lot of money around at coaches in the past? Yes. Can Memphis attract a coach that deserves to be one of the highest paid coaches at the time of hire? Absolutely not.

Kentucky paid Calipari an astronomical amount of money when they hired him because guess what: HE WAS WORTH IT THEN!

Back to Penny. All signs indicates he wants the job. I wouldn't low ball him if it becomes a source of contention, but I also wouldn't pay him above his market value if he starts to get greedy. They already f'd up with Tubby.

Penny's Agent would knock down all this dumb thinking in a second.

The dude was one shot at coaching high major basketball, probably one contract negotiation.

No agent in their right mind is going to say lets do the school a favor and take less money.

A ballpark figure has already been established Im sure for Penny. Now its probably mostly the staffs pay since they just got picked.

(03-14-2018 02:13 PM)FlyingTiger2016 Wrote:  

(03-14-2018 02:08 PM)TiminMem23 Wrote:  

(03-14-2018 01:57 PM)SayWhat? Wrote:  

(03-14-2018 01:39 PM)ncrdbl1 Wrote:  Hope he would accept fat less than the money we were paying Orlando at first then get raises later.

It is not up to Penny to accept less in order to help pay for Tubby. Would look hinky to fire Tubby and hire Penny for less than even a competitive salary for an assistant. You want to be at the top you invest what it takes to get there. It is a business, plain and simple. Pay Penny well.

That makes no sense whatsoever. If Penny is willing to work for less, you pay him less and save money.

What good did it do to make Tubby Smith one of the 15 highest paid coaches in the country?

Generally speaking, you pay a guy his market value. Has Memphis been able to throw a lot of money around at coaches in the past? Yes. Can Memphis attract a coach that deserves to be one of the highest paid coaches at the time of hire? Absolutely not.

Kentucky paid Calipari an astronomical amount of money when they hired him because guess what: HE WAS WORTH IT THEN!

Back to Penny. All signs indicates he wants the job. I wouldn't low ball him if it becomes a source of contention, but I also wouldn't pay him above his market value if he starts to get greedy. They already f'd up with Tubby.

Penny's Agent would knock down all this dumb thinking in a second.

The dude was one shot at coaching high major basketball, probably one contract negotiation.

No agent in their right mind is going to say lets do the school a favor and take less money.

Then pay him what he's worth. He is not worth north of $3 million. No one in the country will pay him that amount. Memphis shouldn't either.

(03-14-2018 02:05 PM)FlyingTiger2016 Wrote:  

(03-14-2018 01:57 PM)SayWhat? Wrote:  

(03-14-2018 01:39 PM)ncrdbl1 Wrote:  Hope he would accept fat less than the money we were paying Orlando at first then get raises later.

It is not up to Penny to accept less in order to help pay for Tubby. Would look hinky to fire Tubby and hire Penny for less than even a competitive salary for an assistant. You want to be at the top you invest what it takes to get there. It is a business, plain and simple. Pay Penny well.

Penny is not going to take less money. That was always foolish thinking.

It will be closer to Smith $$ than most people here think.

Not true.

(03-14-2018 02:14 PM)TiminMem23 Wrote:  

(03-14-2018 02:13 PM)FlyingTiger2016 Wrote:  

(03-14-2018 02:08 PM)TiminMem23 Wrote:  

(03-14-2018 01:57 PM)SayWhat? Wrote:  

(03-14-2018 01:39 PM)ncrdbl1 Wrote:  Hope he would accept fat less than the money we were paying Orlando at first then get raises later.

It is not up to Penny to accept less in order to help pay for Tubby. Would look hinky to fire Tubby and hire Penny for less than even a competitive salary for an assistant. You want to be at the top you invest what it takes to get there. It is a business, plain and simple. Pay Penny well.

That makes no sense whatsoever. If Penny is willing to work for less, you pay him less and save money.

What good did it do to make Tubby Smith one of the 15 highest paid coaches in the country?

Generally speaking, you pay a guy his market value. Has Memphis been able to throw a lot of money around at coaches in the past? Yes. Can Memphis attract a coach that deserves to be one of the highest paid coaches at the time of hire? Absolutely not.

Kentucky paid Calipari an astronomical amount of money when they hired him because guess what: HE WAS WORTH IT THEN!

Back to Penny. All signs indicates he wants the job. I wouldn't low ball him if it becomes a source of contention, but I also wouldn't pay him above his market value if he starts to get greedy. They already f'd up with Tubby.

Penny's Agent would knock down all this dumb thinking in a second.

The dude was one shot at coaching high major basketball, probably one contract negotiation.

No agent in their right mind is going to say lets do the school a favor and take less money.

Then pay him what he's worth. He is not worth north of $3 million. No one in the country will pay him that amount. Memphis shouldn't either.

Right there is a lot of room between asking him to work for free and vastly over paying at $3 million. There is no justification for Penny to be over $1.5 million and realistically that is still on the very high end IMO...

You do realize that we are talking about the pay for a head coach who has already donated over a million dollars to the university? This is kind of new territory for everyone on the planet.

(03-14-2018 02:14 PM)dwash Wrote:  A ballpark figure has already been established Im sure for Penny. Now its probably mostly the staffs pay since they just got picked.

I'm sure the Memphis administration will F it up and overpay him, just like they did with Tubby. No program with the expectations Memphis has would have even considered paying Tubby $3 million.

Let me be clear: I support the Penny hire (with some skepticism). I want it to work. I'm not the one paying him, so I guess it doesn't matter to me other than how it affects the program overall. Don't overpay for him. Work out a fair offer and leggggoooo.

(03-14-2018 02:17 PM)TiminMem23 Wrote:  

(03-14-2018 02:14 PM)dwash Wrote:  A ballpark figure has already been established Im sure for Penny. Now its probably mostly the staffs pay since they just got picked.

I'm sure the Memphis administration will F it up and overpay him, just like they did with Tubby. No program with the expectations Memphis has would have even considered paying Tubby $3 million.

Let me be clear: I support the Penny hire (with some skepticism). I want it to work. I'm not the one paying him, so I guess it doesn't matter to me other than how it affects the program overall. Don't overpay for him. Work out a fair offer and leggggoooo.

Penny's agent has Memphis in a corner.

You might be ok with missing out on Penny for being cheap.

No one else here is.

2M+. EASY

(03-14-2018 02:08 PM)TiminMem23 Wrote:  

(03-14-2018 01:57 PM)SayWhat? Wrote:  

(03-14-2018 01:39 PM)ncrdbl1 Wrote:  Hope he would accept fat less than the money we were paying Orlando at first then get raises later.

It is not up to Penny to accept less in order to help pay for Tubby. Would look hinky to fire Tubby and hire Penny for less than even a competitive salary for an assistant. You want to be at the top you invest what it takes to get there. It is a business, plain and simple. Pay Penny well.

That makes no sense whatsoever. If Penny is willing to work for less, you pay him less and save money.

What good did it do to make Tubby Smith one of the 15 highest paid coaches in the country?

Generally speaking, you pay a guy his market value. Has Memphis been able to throw a lot of money around at coaches in the past? Yes. Can Memphis attract a coach that deserves to be one of the highest paid coaches at the time of hire? Absolutely not.

Kentucky paid Calipari an astronomical amount of money when they hired him because guess what: HE WAS WORTH IT THEN!

Back to Penny. All signs indicates he wants the job. I wouldn't low ball him if it becomes a source of contention, but I also wouldn't pay him above his market value if he starts to get greedy. They already f'd up with Tubby.

The salary thing is really going to be interesting. What is market value for a first time coach? 750k at Memphis maybe? The most obvious comparison point would be what salary we initially paid Pastner.