jetman
Deputy
Hopefully that is what's going on.
Who Should OSU Hire as Next Basketball Head Coach?
- Thread starter CptnQuirk
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I am excited about the hire but 7 years is insane. If he sucks then you have Ford and Boynton all over again.
I mean, maybe that’s better than getting a contract on the cheap and immediately having some d!ckhead coach demand huge extensions and raises the very next year for winning one game. I would hope Chad Weiberg learned from that and let Lutz know coming in we don’t talk raises and extensions until you win XII titles and have us past the sweet 16.
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jetman
Deputy
Anyway you look at it, getting an almost 6x raise in what you are currently making to come here isn't realistic.
We don't talk raises until then and you damn sure better deliver. With unyielding salary demands comes unyielding scrutiny on results.
This report from Ch. 4 is hard to believe. The buyout provision in his contract is basic, simple, and clear. It could be OK St. wants Lutz to pay all or part of the buyout from HIS New OK St. salary. WKU has never had any problem with any other school paying contract buyouts.
Here is a copy of that section of the Lutz WKU contract.
5.03 TERMINATION WITHOUT CAUSE
Termination "without cause" shall mean termination of this Employment Contract
on any basis other than those set forth in Section 5.01.
A. Notwithstanding anything to the contrary contained hereunder, either
party shall have the right to terminate this Employment Contract without
cause prior to its normal expiration date by delivering to the other party
written notice of intent to terminate.
B. In the event this Employment Contract is terminated without cause by
either Coach or the University, the terminating party would be responsible
for the following payment (paid over 12 months):
Termination prior to April 30, 2024 $2.0 million
Termination between May 1, 2024 and April 30, 2025 $750,000
Termination on any date on or after May 1, 2025 $500,000
Here is a copy of that section of the Lutz WKU contract.
5.03 TERMINATION WITHOUT CAUSE
Termination "without cause" shall mean termination of this Employment Contract
on any basis other than those set forth in Section 5.01.
A. Notwithstanding anything to the contrary contained hereunder, either
party shall have the right to terminate this Employment Contract without
cause prior to its normal expiration date by delivering to the other party
written notice of intent to terminate.
B. In the event this Employment Contract is terminated without cause by
either Coach or the University, the terminating party would be responsible
for the following payment (paid over 12 months):
Termination prior to April 30, 2024 $2.0 million
Termination between May 1, 2024 and April 30, 2025 $750,000
Termination on any date on or after May 1, 2025 $500,000
InChristAlone
New member
Do you think they could be planning to stall this thing out until after May 1st?
zone2poke
Ranger
I'm just a poor country boy, but to me it would not be out of line to wait a month to pay $1.25 million less.
jobob85
Bent Member
Based on what?? Everything being mentioned is not credible.
PorcupinePoke
New member
Dear god no! Tell him to go shove it.
PorcupinePoke
New member
Absolutely not.
Georgia Poke
Ranger
But the fact that the university didn't announce the hiring of a new coach before even firing the old coach is proof that this coaching search is both a mess and/or the job isn't desirable.
That's not at all what that means, but if it was, we'd be in good company because a LOT of programs have done that several this exact year just like us.
PorcupinePoke
New member
No. Stop. I don't know what is going on, but THAT definitely is not what is happening.
All of you…….
Remember the “media” source that is saying the part about the request for the big contract is the same “media” source that had Gottlieb on the radio to plead for the job and has been saying Gottlieb should have the job.
Maybe, maybe not. However, hiring decisions are most always fluid with more than one options, therefore, reassessment is not a bad thing by either party, if the parties are having issues in coming to an agreement that is acceptable to both. JMSAO.
zone2poke
Ranger
It's not proof of that at all. You fire your coach and you have a list of coaches you would like to hire. You work down the list.
That's not a mess, and the job at OSU is desirable. The way some people talk about us is that we haven't been to the NCAA tournament since Lincoln played forward for Illinois.
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