This Tape might be a way for Georgia Tech to fire Coach Josh Pastner like they did to the Women's Coach Michelle Joseph... We will see, if not
it is extremely unlikely Pastner would be fired before year 5. His initial contract from Bobinski was for 6 years starting at $1.6M and topping off at $2.2M in yr. 6. The buyout was 100% guaranteed for the first 3 yrs., 75% in years 4 and 5 and 60% in year 6. After his first year which wildly exceeded expectations the new AD Todd Stansbury made modifications to the contract. A 7th yr. was added at $2.4M. A $500K retention bonus was added after year 5 and the buyout was pushed a year, so the contract is 100% guaranteed though yr. 4, dropping to 75% in yrs. 5 and 6 and 60% in yr. 7. One note about these changes. None of them increased Pastner's salary in the short term and all of the changes basically go into effect after Hewitt's buyout is off the books. His Salary for the rest of his contract is
Yr. 4 - $1.9M
Yr. 5 - $2.0M
Yr. 6 - $2.2M
Yr. 7 - $2.4M
Finally let’s look at how Pastner's contract affects when to make a decision.
If you decide to replace Pastner after year 4, he would be owed 100% of his remaining contract or $6.6M. That is a big hit and would likely significantly impact how much money you have to hire a new coach causing you to go the "inexpensive" route again. Keep in mind right now Pastner is the second lowest paid coach in the ACC with only Jim Christian being paid less (In that sense I guess he has outperformed his salary). If you want to hire a 'better' coach, you need to be thinking of offering $3M+ per year avg to have a shot at that.
If he is here at the end of season 5 - the buyout would drop to $3.45M. If you retain him, he is owed a $500K retention bonus and he has only 2 yrs. left on his contract likely meaning a fire or extend decision needs to be made. By waiting until year 5 to make a decision the AD is effectively saving the AA over $1M (not including the $500K he would not pay out) and also allowing the rainy day fund to be replenished some.
All these reasons are why imo Pastner will be here through year 5 and then a decision will be made after the end of Yr. 5.....Unless they can use the latest stuff the AJC is reporting and fire his butt for cause!!
Link
https://www.fromtherumbleseat.com/2019/6...low-jacket