2023-2024 College Basketball Thread

[Scoop Snoop]

Not laughable.   There is constant discussion here about there being no great teams this season.   If Wiscy can keep on keeping on, why shouldn't they have a high seed?   If they are playing well, why not them?

You're gonna pay for this honest opinion Tower.

[shoothoops]

UCLA has fired Mick Cronin.

Cronin has a $20 million reciprocal buyout, which is down from $24 million. It decreases annually.

[GoldenEagles03]

Not laughable.   There is constant discussion here about there being no great teams this season.   If Wiscy can keep on keeping on, why shouldn't they have a high seed?   If they are playing well, why not them?

I said they'd finish as a 2 or 3 seed and maybe not lose a Big Ten game until February and basically got laughed at.

It was clear as day as the season progressed and they beat up on us and some others that they are really good with a real shot to advance far in March. Sucks but it is what it is. Also the Big Ten stinks after the top 3.

[tower912]

You're gonna pay for this honest opinion Tower.

Meh.   

[Jay Bee]

Cronin has a $20 million reciprocal buyout, which is down from $24 million. It decreases annually.

Kind of. There's a requirement for him to try to find other employment... and such employment will reduce what UCLA shall pay

[shoothoops]

Kind of. There's a requirement for him to try to find other employment... and such employment will reduce what UCLA shall pay

???

Cronin's buyout decreases annually:

$24 million
$20 million
$16 million
$10 million
$6 million
$2 million

(His contract also includes 7 figure retention bonuses plus camp bonuses)

If Cronin is fired UCLA has to pay the buyout. (number depends on the year)  If Cronin leaves on his own, Cronin has to pay the buyout number depending on the year.

[Jay Bee]

???

If Cronin is fired UCLA has to pay the buyout.

This is false. Read the offset provisions.

Excluding certain tax obligations that may arise early, the school pays out monthly over the original term. Amounts paid are offset/reduced by $$ he makes at another job.

See Item 12 in the contract. Don't just read nonsense on the internet.

[shoothoops]

This is false. Read the offset provisions.

Excluding certain tax obligations that may arise early, the school pays out monthly over the original term. Amounts paid are offset/reduced by $$ he makes at another job.

See Item 12 in the contract. Don't just read nonsense on the internet.

First, let's not make incorrect assumptions.

2nd, I think you are arguing pedantically with yourself.

3rd post a link to the contract or item 12 in the contract since you are suggesting you have access to the contract.

[Jay Bee]

First, let's not make incorrect assumptions.

2nd, I think you are arguing pedantically with yourself.

3rd post a link to the contract or item 12 in the contract since you are suggesting you have access to the contract.

I read coaching contracts as a hobby and have for years. Respect the craft!

https://ca-times.brightspotcdn.com/7d/fa/56435b2f41b28b5f3575b651cf8b/micks-2022-contract.pdf

[shoothoops]

I read coaching contracts as a hobby and have for years. Respect the craft!

https://ca-times.brightspotcdn.com/7d/fa/56435b2f41b28b5f3575b651cf8b/micks-2022-contract.pdf

Lol. Really?

You are going to pedantically argue that Cronin would receive a reduction difference of the buyout based on new compensation elsewhere over the period of time of his original UCLA contract?

[Newsdreams]

I read coaching contracts as a hobby and have for years. Respect the craft!

https://ca-times.brightspotcdn.com/7d/fa/56435b2f41b28b5f3575b651cf8b/micks-2022-contract.pdf

Truly JB Truly

[panda]

I read coaching contracts as a hobby and have for years. Respect the craft!

https://ca-times.brightspotcdn.com/7d/fa/56435b2f41b28b5f3575b651cf8b/micks-2022-contract.pdf

JB is correct. This is a fairly standard provision in coaching contracts as well.

[The Equalizer]

JB is correct. This is a fairly standard provision in coaching contracts as well.

As I recall, MU had a similar provision with Mike Deane.  Lamar hired him and MU still paid most of his salary.

[shoothoops]

JB is correct. This is a fairly standard provision in coaching contracts as well.

it's also why posting 3 times about something fairly standard and understood is pedantic. It's not seeing the forest for the trees about a very large buyout.

This is after all the same school that refused to pay an $8 million buyout for Rick Barnes and a $5 million buyout for Jamie Dixon 4 years ago during their 100 day search for Cronin.

[panda]

it's also why posting 3 times about something fairly standard and understood is pedantic. It's not seeing the forest for the trees about a very large buyout.

This is after all the same school that refused to pay an $8 million buyout for Rick Barnes and a $5 million buyout for Jamie Dixon 4 years ago during their 100 day search for Cronin.

If posting three times about it is pedantic, what does constantly responding make uou ?

[shoothoops]

If posting three times about it is pedantic, what does constantly responding make uou ?

Unsurprisingly you always seem to have things backwards.

My question marks to better understand the point he as trying to make wasn't being pedantic. My reading a copy of the contract he posted wasn't being pedantic.

Responding isn't the same thing as initiating.

[Jay Bee]

it's also why posting 3 times about something fairly standard and understood is pedantic. It's not seeing the forest for the trees about a very large buyout.

This is after all the same school that refused to pay an $8 million buyout for Rick Barnes and a $5 million buyout for Jamie Dixon 4 years ago during their 100 day search for Cronin.

I think you really believe UCLA is going to pay $20M. They're not.

There are plenty of coaching contracts that do not have such an offset.

[panda]

Unsurprisingly you always seem to have things backwards.

My question marks to better understand the point he as trying to make wasn't being pedantic. My reading a copy of the contract he posted wasn't being pedantic.

Responding isn't the same thing as initiating.

[shoothoops]

Trolling will always be on the troll.

[The Equalizer]

I think you really believe UCLA is going to pay $20M. They're not.

There are plenty of coaching contracts that do not have such an offset.

The question is what is "reasonable compensation consistent with the coach's experience" in light of being fired with a 6-10 record capped with his former team's second worse loss of all time.

Who would hire him at this point?

He's not going to get another high-major offer.  Let's face it--Wojo and Crean are more employable than Cronin right now, and neither of them are working. If he wants to move into broadcasting, a network will give him a lowball offer on the basis that he's never been a broadcaster before, and UCLA will have to make good on most of the buyout. 

Maybe he's a fit at DePaul--probably the only program in the country that would consider UCLA's performance this year a step in the right direction.

[MU82]

I said they'd finish as a 2 or 3 seed and maybe not lose a Big Ten game until February and basically got laughed at.

It was clear as day as the season progressed and they beat up on us and some others that they are really good with a real shot to advance far in March. Sucks but it is what it is. Also the Big Ten stinks after the top 3.

My man ... you also talked up Madison's prospects last season, saying they were real good and that they "always find a way." But they weren't real good. And the only thing they found a way to was the NIT.

We get it, you like Bucky. And every year, you predict that they're gonna be real good. So sometimes you'll be right, and sometimes you'll be wrong.

It looks like your guys will do pretty well this season. Congrats.

[shoothoops]

I think you really believe UCLA is going to pay $20M. They're not.

There are plenty of coaching contracts that do not have such an offset.

The very large buyout is the forest. The reduced amounts of $24 million annually are the trees.

If Cronin is terminated without cause, and he decides to sit on the beach, UCLA will have to pay him the amount owed to him at the time. That amount began at $24 million and is now at $20 million.

If Cronin does not get fired, and he leaves for another school, that school will have to pay UCLA whatever the buyout amount is at the time.

If Cronin gets fired without cause, and he coaches elsewhere, the amount owed to him depends on his new deal. And yes, this is common.

Anything else?

[panda]

Trolling will always be on the troll.

Enquiring minds are asking - are you even a Marquette basketball fan or do you simply enjoy posting and arguing minutiae on a Marquette message board?

[shoothoops]

Enquiring minds are asking - are you even a Marquette basketball fan or do you simply enjoy posting and arguing minutiae on a Marquette message board?

Projection is alive and well as you follow me around the board.

[panda]

Projection is alive and well as you follow me around the board.

Odd way to answer a yes or no question...