Lakers Going After Hurley

[MU82]

California is dying, that's why real estate prices are falling.  Supply & demand. No one wants to live there.

Yep. California is done. I just read in The Epoch Times that the state's population was down to 7,622 people.

[Lennys Tap]

Tell us more about the woke military Lenny

I don't need to tell you anything - you either can't comprehend or don't listen anyway. Not to me, the Secretary of Defense or the Chairman of the Joint Chiefs.

Now explain the tax situation in California again.

[Billy Hoyle]

Why are people assuming that if you throw enough money at Hurley, he will accept it?

There is no doubt that some of the jobs Shaka has been offered this year are millions per year more than he is making at Marquette.  Do you really think that if they doubled or tripled those offers, he would have taken one of them?

Both Shaka and Hurley know that their families will never have to worry about money again.  For both of them, I believe that the job itself would still have to be something that they really wanted.

I'm with you here - money is not the end all be all. I think back to Tom Izzo and his decision not to make the move to the NBA on two occasions. One of the things a colleague told him was that he knew how much losing games ate at Izzo. In the NBA he was going to lose at least 20 times a season.  I have difficulty seeing a guy as intense as Hurley doing what he does now 82 times a season (plus the playoffs) and having to acquiesce when a player says he needs to sit for a few games for "load management." But then again, things have changed so much as a college coach the fact the NBA rosters are more stable than college rosters and the constant requirement to recruit new and current players may be what pushes Hurley to the NBA. It's why Donovan will not come back to the college game.

[Zog from Margo]

Decision Monday. https://www.nj.com/sports/2024/06/dan-hurley-to-announce-much-anticipated-decision-on-monday.html?outputType=amp

[79Warrior]

Yep. California is done. I just read in The Epoch Times that the state's population was down to 7,622 people.

Lol

[21Jumpstreet]

The Tiger Woods approach may make sense if you can make the same amount no matter where you call home.

Come to FLA, it's worth it

[dgies9156]

Yep. California is done. I just read in The Epoch Times that the state's population was down to 7,622 people.

Gang, anyone who makes $10 million or more a year probably isn't overly worried about state tax rates.

Inevitably, there are tax advantaged situations that can help someone with this challenge.

[burger]

Fanta was on one of the Sirius channels and was estimating the offer is in the 5 year.....150 range.....

[The Sultan]

Fanta was on one of the Sirius channels and was estimating the offer is in the 5 year.....150 range.....

BuT wHaT aBoUt ThE sTaTe InCoMe TaX???!!!???

[The Lens]

They're not giving him 30 million.  The Lakers are still a mom and pop shop there's no way they are resetting the market like that.

[MU Fan in Connecticut]

not sure state taxes would be a determining factor...

I found California income tax at 12.3% for those earning over $1m
Connecticut shows as 6.99% if making over $1m
For $15m a year earnings, thats about $750k difference

There are a few states showing 0% state income tax.  ie.. Florida, Texas, Tennessee, Washington
At $15m per, that's getting close to $2m a year in income tax savings.

That California wealth tax is a bit unique.   1% for net worth over $50m.  I wonder if tax assessors will be going door-to-door, or use property insurance valuations.   I'd guess some of those pieces of multi-million dollar artwork may end up hanging in their Idaho lodges.

I was surprised on CT tax rates vs South Carolina.  I started a remote position last week.  Working in CT and the company is based in Charleston, SC.  Looks like I pay state taxes to CT.  I had to investigate but low cost South Carolina has a 6.3% income tax for my bracket and CT's is only 6.0%.  I was surprised to learn the sales tax was also 1.7% higher than Connecticut's. 
Not what I expected.
At Hurley 's coaching level I'm sure none of this matters regardless of the state.

[oldwarrior81]

Fanta was on one of the Sirius channels and was estimating the offer is in the 5 year.....150 range.....

I could see $20m, but doesn't that even seem like a reach with Popovich at $16m and Kerr at $17.5m

I also have a friend from Villanova, and he hears Jay Wright could be the next option if Hurley stays at UConn.
Not sure on that either. 
Were there any Al McGuire rumors a few years after he retired?

[MU Fan in Connecticut]

It's being reported locally that Hurley will make a decision by the the of the day today.

[TSmith34, Inc.]

California is dying, that's why real estate prices are falling.  Supply & demand. No one wants to live there.

The state is pretty much just a ghost town at this point

[TSmith34, Inc.]

I don't need to tell you anything - you either can't comprehend or don't listen anyway. Not to me, the Secretary of Defense or the Chairman of the Joint Chiefs.

Now explain the tax situation in California again.

Maybe if you try real hard? I really want to hear all about the woke military.

[Lennys Tap]

Maybe if you try real hard? I really want to hear all about the woke military.

If you won't listen to the musings of the Secretary of Defense or the Chairman of the Joint Chiefs try wallethub - I hear that's your go to spot.

[willie warrior]

I could see $20m, but doesn't that even seem like a reach with Popovich at $16m and Kerr at $17.5m

I also have a friend from Villanova, and he hears Jay Wright could be the next option if Hurley stays at UConn.
Not sure on that either. 
Were there any Al McGuire rumors a few years after he retired?

Wojo could be had at UConn for less and is available. Think MU is still paying him.

[MU82]

If you won't listen to the musings of the Secretary of Defense or the Chairman of the Joint Chiefs try wallethub - I hear that's your go to spot.

Links please.

In the meantime, I'll provide this link to support what I said earlier:

https://apnews.com/article/milley-trump-biden-democracy-military-d2abb76858291c87ae856f91e9556d8e

"We don't take an oath to a king or a queen or to a tyrant or a dictator. And we don't take an oath to a wannabe dictator." - Mark Milley

[swoopem]

Does anyone visit the UConn boards? What are they saying?

[MUbiz]

Wojo could be had at UConn for less and is available. Think MU is still paying him.

MU is done paying Wojo I believe - I know for a fact he got the first half of the termination payments in May 2023 and I believe the second half was due May 2024.

[Hards Alumni]

You guys are absolutely hilarious.  Hurley won't be deciding where to coach based on tax brackets. 

IMO, he takes the job in LA because it's a no brainer not to.  If they throw 100m+ at him he has to take it.  Even if things go AWFULLY, he can basically choose whichever coaching job he wants in the nation wherever he wants!  Plus he gets to sit on the sidelines for a few years and watch what happens with conference realignment.  Or, by the time he is done in LA he just calls it a career and does whatever he wants.  He's a natural in front of the camera, so he could easily go into broadcast.

Personally, I can see no reason to sit around in Storrs, CT for less money.  He's at the top right now, and the entire bank is being thrown at him to move to sunny Los Angles, CA.

I think he's just trying to be respectful to the UConn players and fans (plus he enjoys the spotlight) and his mind has been made up for days.

[Tyler COLEk]

My (very important) read of the tea leaves: Hurley is staying in UConn. It seems strange to me that he would so publicly fawn over the Lakers if he were taking the job. He could save that for the introductory press conference. I think this is him declining as amicably as possible, keeping future NBA possibilities open.

[cheebs09]

I wonder how the LeBron factor plays into this. The chance to coach him, although he's not what he once was, has to be tempting. However, I don't think it's the easiest coaching environment. Ham fired despite going to a WCF a year ago and Vogel fired not long after a title.

It will be interesting to see if Ham gets another job, although Hurley could always name his price in college.

[LloydsLegs]

L E V E R A G E

[Uncle Rico]

You guys are absolutely hilarious.  Hurley won't be deciding where to coach based on tax brackets. 

IMO, he takes the job in LA because it's a no brainer not to.  If they throw 100m+ at him he has to take it.  Even if things go AWFULLY, he can basically choose whichever coaching job he wants in the nation wherever he wants!  Plus he gets to sit on the sidelines for a few years and watch what happens with conference realignment.  Or, by the time he is done in LA he just calls it a career and does whatever he wants.  He's a natural in front of the camera, so he could easily go into broadcast.

Personally, I can see no reason to sit around in Storrs, CT for less money.  He's at the top right now, and the entire bank is being thrown at him to move to sunny Los Angles, CA.

I think he's just trying to be respectful to the UConn players and fans (plus he enjoys the spotlight) and his mind has been made up for days.

He's not going because LA is too woke like the military, as well as the taxes being too high