That's because their ADs are not incompetent and had their ducks in a row. RG appears to be floundering, although I do remember that historically some buyouts weren't immediately negotiated.
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2022-23 Coaching Carousel
- Thread starter Jens1893
- Start date
Saying that you think he retires and take no discount is nonsense.
He must work to offset the funds owed to him by Colorado to continually receive his buyout. He has no shot of getting another HC or coordinator gig.
He has three options:
1) accept a buyout with an immediate payment. This buyout would need to be a discount of what he is owed in order for CU to be incentivized to do it (versus a time payment that the contract permits). My point is that there will be in impasse in this scenario because the offered amount and the amount he will take will be too great.
2) work a job and have that contract’s compensation offset his time payment of the remaining balance owed by CU. Most likely IMO since they won’t come to agreement on a settlement figure (disgruntled former employee).
3) decline the buyout entirely. 0% shot.
???? It is in the publicly available contract. There’s no negotiated buyout (yet).
Manhattan is right, KD needn't cut a deal anytime soon. He's not going to get another HC job. He'll settle, but it will take some time. While he waits, he'll continue to cash his regular paychecks.
I agree that he won’t give up millions. I just don’t think he will have to give up millions of dollars if he doesn’t take another job. He might give up $500K to end the whole thing, however.
Meh. RG f*cked up with KD's contract, but he had literally no leverage to get a buyout signed before firing him. This isn't Chryst, who knows he'll be getting another HC job which would reduce the amount owed under the contract.
That was my earlier point to TScheck about opportunity cost. I am on the record saying that he would give a small discount in the six fig range, but given CU’s financial situation, I doubt they make him a settlement offer that close to the full contract amount.
You're not listening or reading. I have never said anything about a specific dollar figure; that's been entirely between you and NYC.
I don't believe it's a guarantee he goes back to work for an NFL team. I don't pretend to know what CU is going to attempt to settle with him for, and he may go back to work if they try to low ball him on a settlement.
That makes sense, but still fits the floundering theme. He's just done too good a job of setting himself up for more failure!
You don’t understand his contract. It is not guaranteed that he goes back to the NFL, sure, but is also most likely.
Per normal, it is you who has the comprehension issue, as I have repeatedly explained to you the scenario for him going back to the NFL.
I’ll break it down to you like you’re five:
1) CU’s ONLY incentive to give him the buyout up front is if he takes a big discount - millions of dollars. Otherwise, the entire amount can be paid to him in the same installment period of the original contract.
2) Dorrell does not want to do any favors worth millions of dollars for a place that he believes unfairly fired him.
3) In order to fulfill his end of the contract and get his money, he has to take a job. The job that he is most likely to get again is NFL WR coach.
Factors in this are what:
- Potential earnings from NFL job (been using 250K so let's stay there)
- Want to get another job vs retire?
- Time value of money/Inflation
That's what will determine the discount for immediate settlement. It will be more than 500k if they do it, but not more than 10% of the remaining contract+500K
Weren't you the guy who said he wouldn't be fired until after the season?
You don’t understand his contract. It is not guaranteed that he goes back to the NFL, sure, but is also most likely.
Per normal, it is you who has the comprehension issue, as I have repeatedly explained to you the scenario for him going back to the NFL.
I’ll break it down to you like you’re five:
1) CU’s ONLY incentive to give him the buyout up front is if he takes a big discount - millions of dollars. Otherwise, the entire amount can be paid to him in the same installment period of the original contract.
2) Dorrell does not want to do any favors worth millions of dollars for a place that he believes unfairly fired him.
3) In order to fulfill his end of the contract and get his money, he has to take a job. The job that he is most likely to get again is NFL WR coach.
Weren't you the guy who said good programs don't use broader school money to help the AD?
All I've said is that I don't think it's a given he goes back to the NFL, which you have now acknowledged as possible, so I appreciate you validating what I've said. Now, quit being a condescending prick all the time.
I was the guy who said that they shouldn’t fire him until after the season to make negotiating a substantially discounted buyout more likely.
I was also the guy who said that most major programs don’t routinely use academic money to bail out the AD’s bad coaching hires. I did say that they routinely loan money to Athletic Departments.
BTW, I will be a prick to you when you’re the one who is the prick first. Feel feel to ignore me. It’ll save you money.
ahoelsken
Well-Known Member
He shouldn't. If he does, he needs to watch tape of CU under his watch.
This team is 0-5 with every loss being by 23 points or more. Dorrell has nobody to blame but himself for the fact that he got fired Sunday.
I see what calculation Dorrell may have. What incentive does Colorado have to pay him a insignificantly reduced buyout?
The wear down method is a powerful tool in negotiating.
I said "you weren't listening or reading". If that's being a prick to you, I don't know what to say, as you were literally misrepresenting what I was saying and putting words into my mouth. I don't put anyone on ignore, as I find that to be a lame way to participate in a forum like this, but you are routinely condescending to people who engage in a discussion or debate with you.
I was noting what you were saying and responding. You chose to change your position mid debate because it wasn’t making any sense relative to the facts of the situation and the evolution of the conversation (i.e. Dorrell’s contract).
Don’t want to ignore me? Fine. Your call. But don’t lecture me about being a prick in this forum when you are routinely a prick as well.
Quoting only to say that after what I've seen the last 3 years, I don't think KD is a master of anything football related. Guy is trash as a coach.
That's all.
He has mastered getting paid. Granted, when RG is the payor, that may not be mastery, but still.
He will have many options to coach receivers in the NFL. Remember when he was an abject disaster at Vandy and still got to be an NFL WR coach for many years? It’ll happen again.
I love when you prove me right.
Again, I appreciate you acknowledging I was correct in that it's not a given KD returns to the NFL.
Starting around 7:21, PD mentions that it will come exclusively from AD funds and not university, taxpayer, or tuition dollars. Also states that he's "confident that the final payout number will be less than the $8.7 Million"
But you're correct in that the true amount hasn't been discolsed.
It is funny that you’re so deluded about what you were saying…
Given that, my guess is it would be around 7.5mm when all said and done.
I was gonna say about $7.5 to get it done and walk away