IU natives are restless

[Silkk the Shaka]

http://indiana.247sports.com/Board/144/IU-Penn-State-post-game-thread-25864915

Oh man that thread has some hot fire. They are not happy about home losses to Northwestern & PSU with 2 McD's AAs on the squad. The chocking dogs in candy stripes peed away a 10 point lead tonight. High comedy.

[ChicosBailBonds]

Didn't see it, but that's an epic meltdown by the Hoosiers.  Not good.  Helps MU. 

[jesmu84]

3 IU friends who taunted me when TC left for Btown texted me tonight. I'll politely say they are expiring some reservations about his coaching ability (but still say nice things about his marketing/PR, academics and recruiting)

[Tugg Speedman]

Didn't see it, but that's an epic meltdown by the Hoosiers.  Not good.  Helps MU. 

+1

A "near bubble" team with a bad loss at home certainly helps us by clearing out the field.

Oh, and IU is tied for 9th in the B1G with Purdue.

[Dish]

Year 6 of Crean at IU, home losses to Northwestern, Penn St, road loss at Nebraska.

In Year 6!

[🏀]

Didn't see it, but that's an epic meltdown by the Hoosiers.  Not good.  Helps MU.  

Good response, don't have to take it any further. Progress! You don't have to feed your trolls.

[LloydMooresLegs]

+1

A "near bubble" team with a bad loss at home certainly helps us by clearing out the field.

Oh, and IU is tied for 9th in the B1G with Purdue.

holy crap-one game out of last place- maybe Luke knew something...

[LAZER]

Next year will be an interesting one for Crean. 

[Lennys Tap]

Up 11, 3:19 to go, at home, against Penn State - 3 turnovers in the final 33 seconds. Unbelievable.

[Coleman]

Next year will be an interesting one for Crean. 

Is he even assured a next year at this point?

[tower912]

My wife, the lifelong Hoosier fan, watching last night's game.....Vonleh is the best frickin center in the Big 10!   How can he only take 3 shots?!........I am so frickin tired of watching that stupid 3 man weave while he is open down low! ...... I know we're young, I know we've lost a lot, but c'mon!   11 point lead at home against Penn St?!?!?    

I just nodded sympathetically.  

[MileHigh]

Not a good vibe at work today from IU fans...talks of selling their B1G Tourney Tickets, fear of going 1-6 down the stretch.

@Purdue 50/50
Iowa L
@NW 50/50 (give homecourt advantage)
@WI L
tOSU L
Neb 50/50 (give homecourt advantage)
@MICH L

[Hards Alumni]

Is he even assured a next year at this point?

Yes, he has plenty of good will built up in Bloomington... plus I'm pretty sure his buy out is enormous (IIRC Chicos mentioned this).

[LAZER]

Yes, he has plenty of good will built up in Bloomington... plus I'm pretty sure his buy out is enormous (IIRC Chicos mentioned this).

He's totally fine for this year.  If they miss the tournament next year (assuming they don't make it this year) things will get real dicey for Crean.

[Silkk the Shaka]

Yes, he has plenty of good will built up in Bloomington... plus I'm pretty sure his buy out is enormous (IIRC Chicos mentioned this).

JayBee mentioned this. Perhaps more than once....

[Niv Berkowitz]

A number of people went in last night and eff'd with Crean's Wikipedia page to hysterical results.

http://en.m.wikipedia.org/wiki/Special:MobileDiff/595235681...595235762

[Lennys Tap]

Yes, he has plenty of good will built up in Bloomington... plus I'm pretty sure his buy out is enormous (IIRC Chicos mentioned this).

Jay Bee broke the details on Crean's enormous buy out. Unless a T Boone Pickens shows up, the Hoosiers are stuck with TC (and Fred Glass) for at least a couple of years.

[MileHigh]

He's totally fine for this year.  If they miss the tournament next year (assuming they don't make it this year) things will get real dicey for Crean.

That's ppl at work said today.  Contract is until 2020.  Apparently the buyout is more manageable after next season if they move that route.

If he got terminated this year, they would owe him 8 million for next year I think I heard.

[Lennys Tap]

That's ppl at work said today.  Contract is until 2020.  Apparently the buyout is more manageable after next season if they move that route.

If he got terminated this year, they would owe him 8 million for next year I think I heard.

Think it's almost double that, either 14 or 16 million.

[swoopem]

My IU friends hate him and can't wait for him to leave town

[MileHigh]

Think it's almost double that, either 14 or 16 million.

It is...I think its like 8 million this year, then something like 1 million for the next 4 years then an additional 500k for the next 4 years.  So 14...I'll try and find out more today.

[Benny B]

Yes, he has plenty of good will built up in Bloomington... plus I'm pretty sure his buy out is enormous (IIRC Chicos mentioned this).

Chicos also said he never shares account logins.

[MileHigh]

Here is what I found (http://espn.go.com/mens-college-basketball/story/_/id/8612449/indiana-hoosiers-sign-tom-crean-contract-extension):

The buyout, Glass said, would cost $8 million over the next three years, then drops to $1 million in Year 4 and drops again to $500,000 over the final four years of the deal. School officials said additional contract details will be announce when the deal is formally signed.

This started in 2012, so if he got fired at the end of the year:
2012-2013: 8,000,000
2013-2014: 8,000,000
2014-2015: 8,000,000
2015-2016: 1,000,000
2016-2017: 500,000
2017-2018: 500,000
2018-2019: 500,000
2019-2020: 500,000

Does that make sense?

[Coleman]

Here is what I found (http://espn.go.com/mens-college-basketball/story/_/id/8612449/indiana-hoosiers-sign-tom-crean-contract-extension):

The buyout, Glass said, would cost $8 million over the next three years, then drops to $1 million in Year 4 and drops again to $500,000 over the final four years of the deal. School officials said additional contract details will be announce when the deal is formally signed.

This started in 2012, so if he got fired at the end of the year:
2012-2013: 8,000,000
2013-2014: 8,000,000
2014-2015: 8,000,000
2015-2016: 1,000,000
2016-2017: 500,000
2017-2018: 500,000
2018-2019: 500,000
2019-2020: 500,000

Does that make sense?

So after 2015-2016, its relatively cheap to fire him. Yeah, I'd say he has two more years to get his sh!t together...

[Lennys Tap]

It is...I think its like 8 million this year, then something like 1 million for the next 4 years then an additional 500k for the next 4 years.  So 14...I'll try and find out more today.

I don't think you add the amounts. His buyout totals are one time payouts, so if he's fired in 4 years the TOTAL buyout is 500,000, not 500,000 per year for several years. His reported buyout for this year is 8 million, but according to Jay Bee (I think), that figure was increased to 14 million in TC's latest renegotiation/extension. Makes him almost impossible to fire.