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Replies: 7
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CU Guru [1560]
TigerPulse: 82%
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The #'s - when is cheapest moment to remove CBB
Mar 16, 2023, 1:51 PM
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The following are the buyout numbers and incentives:
Termination in contract year 5/1/21 – 4/30/22: $50,000 per month remaining - we missed this window
Termination in contract year 5/1/22 – 4/30/23: $65,000 per month remaining
Today is March 16, 2023 - lay him off now means $65K for 36 months right?
If so, then it would be $2,340,000
Termination in contract year 5/1/23 4/30/24: $85,000 per month remaining
REmove after end of next season and before 5/1/2024, cost to Clemson would be: $85K for 24 months.
Cost of $2,040,000
Termination in contract year 5/1/24 – 4/30/25: $125,000 per month remaining
If CBB gets two years and is let go before 5/1/25, cost $1.5 million right
Termination in contract year 5/1/25 – 4/30/26: $250,000 per month remainin
REmove this one from consideration.
Then look at salary for CBB alone:
$2.75 million for 2022-24
$3 million for 2024-26
So he gets next year and is removed at end of season = $2.04 million 24 month buyout + $2.75 million = $4.79mil
If he goes to April 2025, then cost is $2.75 mil salary + $3 mil salary + $1.5 mil 12 month buyout = $7.25 million
Doesn't it make more sense economically to terminate CBB now versus end of season next year?
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Tiger Titan [50780]
TigerPulse: 79%
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Joined: 2003
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Yes, that would be true if you plan on getting rid of him.
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Mar 16, 2023, 1:53 PM
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Neff doesn't plan on getting rid of Brad. If he did, he would've done it by now.
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TigerNet Elite [69792]
TigerPulse: 100%
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Posts: 90831
Joined: 2001
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Like some others...
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Mar 16, 2023, 1:56 PM
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Neff is clearly content with inconsistency and mediocrity.
If only "best" was REALLY the standard !!!
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Top TigerNet [32835]
TigerPulse: 100%
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Joined: 2014
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110%er [3891]
TigerPulse: 100%
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Re: Yes, that would be true if you plan on getting rid of him.
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Mar 16, 2023, 2:50 PM
[ in reply to Yes, that would be true if you plan on getting rid of him. ] |
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Then Neff is making a terrible decision. Why keep Brad? What has he done? There are coaches making what he’s making that have achieved more. There is no excuse. You lost to freaking Morehead st. At home. He rarely makes the tournament and typically loses first round when he does. It’s time to move on.
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Orange Elite [5364]
TigerPulse: 100%
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All-TigerNet [6032]
TigerPulse: 100%
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Neff loves him some Brad
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Mar 16, 2023, 2:41 PM
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I agree with JK, Neff isn't planning on firing Brad.
Clemson basketball benefitted from the ACC being a dumpster fire this season. Our record and numbers looked pretty decent, and that's what Neff will fall back on to publicly justify not firing him.
I also know losing to Moorhead was a real kick in the ball (s) to Neff's credibility, and our basketball team is seriously dysfunctional.
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Paw Warrior [5061]
TigerPulse: 100%
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Re: The #'s - when is cheapest moment to remove CBB
Mar 16, 2023, 3:16 PM
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The cost of not getting rid of him is much greater than sending him packing.
Donations, fan base, good will, ticket sales, student give a crud.
Do it nowwwwwww!
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