Admin would be smart to fire AG now like other schos are doing, but you know the deal. The coaching vacancies does not concern us unfortunately. Golden will be here next year. I don't know how all you ppl think he is going to get fired?!? Have seen the last two coaching hire debacles? This won't turn out well for us. AGs buyout is enormous and he's under contract for another 5 years. We would owe him 15 mill+. We also don't know what contracts the assistants have. There is no way UM will buy him out and then open the purse to get a real HC. The track record here tells you all you need know. 2020 is when we can expect a change unless someone hires AG.
The buyout is nowhere near 15 million
Nope.
If the buyout is 50/50, it's $7.5M. After tax, Golden would net $4.5M with some change. But, he'll have been FIRED.
UM tried to pull an 80/20 buyout on Butch, which is why he left. If Miami fired or Butch left, Butch was on the hook for 80% of the contract, while UM was only on the hook for 20%.
Much better for UM to negotiate. Much better for Golden to negotiate. Rather than a lump sum buyout, maybe they could agree on an installment buyout - so the payouts are spread over a few years rather than taking a larger one-year hit.