MUScoop

MUScoop => Hangin' at the Al => Topic started by: ATWizJr on April 03, 2008, 03:03:34 PM

Title: The buyout does NOT protect the
Post by: ATWizJr on April 03, 2008, 03:03:34 PM
university or the BB program. 

Please tell me how a probably smallish 6 figure settlement is going to indemnify the school for the loss of a recruiting class? 

Why didn't you ask him that, Dan?
Title: Re: The buyout does NOT protect the
Post by: TJ on April 03, 2008, 03:05:07 PM
Now now, it's not Dan Patrick's fault the Crean left.  He asked some pretty good questions in that interview that Crean stammered on.  I couldn't expect too much more - Dan Patrick can't burn bridges in his industry either.
Title: Re: The buyout does NOT protect the
Post by: ATWizJr on April 03, 2008, 03:07:30 PM
The question remains unaddressed.
Title: Re: The buyout does NOT protect the
Post by: TJ on April 03, 2008, 03:13:21 PM
It doesn't.  It's quite possible that Marquette gets screwed in all this.  That's why many are upset.
Title: Re: The buyout does NOT protect the
Post by: ChicosBailBonds on April 03, 2008, 03:15:49 PM
Quote from: TJ on April 03, 2008, 03:13:21 PM
It doesn't.  It's quite possible that Marquette gets screwed in all this.  That's why many are upset.

MU should have demanded a higher buyout....that's part of MU's side of the deal.  TC, we'll pay you a boatload of money but you have a high buyout.   I'm sure they tried and I'm sure TC's attorney said not gonna happen.

At some point MU has to be a big boy and not be surprised about some of this stuff.
Title: Re: The buyout does NOT protect the
Post by: Nukem2 on April 03, 2008, 03:17:14 PM
I don't think anyone here knows the contractual situation.
Title: Re: The buyout does NOT protect the
Post by: mu-rara on April 03, 2008, 03:21:30 PM
If MU did not insist on a large buyout, why the h*ll did they commit to such a long contract?  Looks like TanTommy won that one.
Title: Re: The buyout does NOT protect the
Post by: TJ on April 03, 2008, 03:23:35 PM
Quote from: ChicosBailBonds on April 03, 2008, 03:15:49 PM
Quote from: TJ on April 03, 2008, 03:13:21 PM
It doesn't.  It's quite possible that Marquette gets screwed in all this.  That's why many are upset.

MU should have demanded a higher buyout....that's part of MU's side of the deal.  TC, we'll pay you a boatload of money but you have a high buyout.   I'm sure they tried and I'm sure TC's attorney said not gonna happen.

At some point MU has to be a big boy and not be surprised about some of this stuff.
I agree - it seems they offered/signed a one-sided contract, and now they have to live with that.  However, I was trying to talk specifically to the point of possibly losing a whole recruiting class to answer the thread's question, not necessarily money.
Title: Re: The buyout does NOT protect the
Post by: Big Papi on April 03, 2008, 03:24:22 PM
I wouldn't put any stock into what Indiana boosters or those in know say it is.  I have heard, no buyout at all, buyout of $500,000, buyout of $500,000 per remaining year and low 7 figures.  If Miller's buyout is over $2 million, I would think TC's is somewhere around there if not more.  If I had to guess I would say it is $500,000 per remaining year and Indiana is not stupid enough to tell everyone that they are writing a huge check especially when it will be Cuban who writes the check anyway.
Title: Re: The buyout does NOT protect the
Post by: mu_hilltopper on April 03, 2008, 03:59:12 PM
And to a certain extent .. why would Crean care?  Crean knew that the ONLY job he would be lured away to would be one of the top 10 jobs in the country.  Every one of those elite jobs would pay him dearly, and the buyout would be an afterthought, if they really wanted him. 
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