It's the classic sunk cost fallacy.I can understand hiring Johnson. Mistakes happen. However, Letting this massive mistake continue is orders of magnitude worse.
He's not going to succeed. He's in over his head. It's a do-over. The only questions are when, and how much damage is done prior to the inevitable.
Do it.
Third year its 75% of his base salary. Decreases to 50% next year, %25 after.Does anybody actually know Ben's buyout?
Does anybody actually know Ben's buyout?
$8 million in a department financially struggling is real money, even with increased TV rights on the way.this was discussed before. I think I remember the figure $8-million if fired after this season. (four years left on contract at about $2-million a year). someone please correct me if I'm wrong. and I also think that it goes down every year unless (wait for the laugh) there is a contract extension.
But it's $6 million a year from now. Not $0. So that $2 million or so is the relevant $ amount IMO.$8 million in a department financially struggling is real money, even with increased TV rights on the way.
$8 million in a department financially struggling is real money, even with increased TV rights on the way.
It can't be that much is it?But it's $6 million a year from now. Not $0. So that $2 million or so is the relevant $ amount IMO.
75% of base salary makes sense.Third year its 75% of his base salary. Decreases to 50% next year, %25 after.
It can't be that much is it?
75% of base salary makes sense.
Let's be honest, if football and men's hockey are doing well .... that's Minnesota.Mark Coyle is a joke as an athletic director. Go back to Syracuse or go anywhere else and wreck their sports programs.
He finally figured out that Minnesota has no hope of winning.
What the actual f***
4 years remaining at 1.95 = $7.8 total remaining base salary over next for yearsOpinion - Minnesota Star Tribune
Minnesota Star Tribune Opinion columnists, editorials, guest commentary, editorial cartoons and letters to the editor on the issues of the day.m.startribune.com
8 million is less than 15% of one year of tv payout$8 million in a department financially struggling is real money, even with increased TV rights on the way.
And probably the total cost of five sports put together. That’s a bundle.8 million is less than 15% of one year of tv payout
There is a cost to inaction and it might reach further into the future. In person attendance is lagging in almost every sport/league except the NFL. Even some SEC schools have empty seats at football games. Once you lose fans, good luck getting them back in the era of every game on your 84" flat screen.And probably the total cost of five sports put together. That’s a bundle.
Nothing you said disputes anything I saidAnd probably the total cost of five sports put together. That’s a bundle.
And you are brilliant too.Nothing you said disputes anything I said
He was hired 3/21/21. But I’m guessing the NCAA has standard start and end dates for seasons to determine eligibility and practice allotments with coaches, etc., so I’m sure the next season on the contract starts on that schedule.4 years remaining at 1.95 = $7.8 total remaining base salary over next for years
But in the article there is a unique technicality:
View attachment 24229
So if we fire him after the second year we owe the full remainder ($7.8). But in the third year it would be 75% of the remainder (5.85M).
My question…when does year 3 technically start? When was the initial contract signed? I assume it would be 3 years from that date.
No we made a terrible hire of the protégé of our previous coach who couldn't get a job at Northern Illinois or Montana State and has proven to be a disaster as a coach, the reaction is understated if anything.Am I the only person on here that thinks this is a little premature? I would consider this as year one, as he basically had to fill a team in his first year of transfers after most had already committed due to his late hiring. He had one freshman commit (Thompson). Then had to hit restart again.
Give him another year at least before the sky is falling. We are playing 4 freshman 20 minutes a game. These aren’t Kentucky type freshman. These are MN kids and one raw Cali kid trying to compete in a league full of experience. They need time.
We drove out Gabe because of the negativity and look at him flourish at Iowa St.
Going into the year, we knew they would suck. Why is everyone so butthurt that the team is sucking?!
I have watched every second of every game. I’m just as frustrated and upset as you guys. I see the stuggles and lack of offense. I also see freshman making stupid mistakes that will get cleaned up moving into year two.
Evans leaving stings, but his NIL team obviously wanted a better opportunity than what we could give him. This just gives us an opportunity to snag another guard in the transfer portal.
We haven’t been a power in the B1G in a loooong time, it isn’t going to happen over night.
The sun rose again in this morning. We have a chance to beat Nebraska today. Leggo Gophs!
The date in most college basketball contracts for when the buyout drops is either April 1 or May 1.He was hired 3/21/21. But I’m guessing the NCAA has standard start and end dates for seasons to determine eligibility and practice allotments with coaches, etc., so I’m sure the next season on the contract starts on that schedule.
If Christie bolts as well, does that get Ben fired immediately? If so, I have some NIL money for you, Christie if you want to back out…
What would you say the odds are that he turns around a 5-35 start, best recruit asking out of signed commitment etc after year two to long-term success here?Am I the only person on here that thinks this is a little premature? I would consider this as year one, as he basically had to fill a team in his first year of transfers after most had already committed due to his late hiring. He had one freshman commit (Thompson). Then had to hit restart again.
Give him another year at least before the sky is falling. We are playing 4 freshman 20 minutes a game. These aren’t Kentucky type freshman. These are MN kids and one raw Cali kid trying to compete in a league full of experience. They need time.
We drove out Gabe because of the negativity and look at him flourish at Iowa St.
Going into the year, we knew they would suck. Why is everyone so butthurt that the team is sucking?!
I have watched every second of every game. I’m just as frustrated and upset as you guys. I see the stuggles and lack of offense. I also see freshman making stupid mistakes that will get cleaned up moving into year two.
Evans leaving stings, but his NIL team obviously wanted a better opportunity than what we could give him. This just gives us an opportunity to snag another guard in the transfer portal.
We haven’t been a power in the B1G in a loooong time, it isn’t going to happen over night.
The sun rose again in this morning. We have a chance to beat Nebraska today. Leggo Gophs!