MUScoop

MUScoop => Hangin' at the Al => Topic started by: asdfasdf on April 01, 2021, 11:48:56 PM

Title: buyouts
Post by: asdfasdf on April 01, 2021, 11:48:56 PM

Does anyone know if Marquette received buyout money when Crean and Buzz left?

Title: Re: buyouts
Post by: cheebs09 on April 02, 2021, 06:26:24 AM

I think we did for Buzz, but thought his buyout was a surprisingly low number.

Title: Re: buyouts
Post by: asdfasdf on April 02, 2021, 10:50:05 AM

Thanks. A smaller buyout for Buzz makes some sense to me, considering the circus around his contract at the end of every season.

I was able to find a Hoosier blog from 2008 saying that IU paid $650,000 towards Crean's buyout at Marquette. Unclear if there was a portion that Crean paid. Regardless, that number seems low given Crean's stature at the time but maybe that was a decent amount 13 years ago.

Title: Re: buyouts
Post by: GoldenWarrior11 on April 02, 2021, 11:02:11 AM

Buzz’s buyout was only $100,000.  It dropped after a trigger in his clause if, I believe, the AD and/or President left.