Manny's Compensation was $9.5 million in the year ending 5/31/2020 (had to come back for this one)

[Gables Canes]

Only Miami would buy out a first-time head corch who's been at his respective school for all of a week. I don't want to hear another word from these excuse making assclowns about how broke they are when they **** millions of dollars down the drain like that.

 

[Problem2]

How much money has Flake lost the school?

Dude ****ed away millions, that's gotta negate whatever he's bringing with his magical fundraising skills

 

[Unsider]

The entire admin is a clown show. No bargaining prowess. Pay lots of money first to anything that moves, then find out what you bought. Smfh.

 

[PIPO]

I know this is 100% legit , I did the research and the math. It jumps to 25 million after the ‘21 season. And people say we don’t pay for coaches.

 

[NC_Canes_11]

SOURCES: “Miami Hurricanes Head Coach Manny Diaz has information that will lead to the arrest of Hillary Clinton.”

Now we wait.

 

[PIPO]

Only Miami would buy out a first-time head corch who's been at his respective school for all of a week. I don't want to hear another word from these excuse making assclowns about how broke they are when they **** millions of dollars down the drain like that.

My theory is that Richt knew he was most likely going to resign. He knew Manny probably wanted the job. He waited until Manny took job & did pres conference knowing he wasn’t the best option and then resigned hoping a very good candidate was chosen as successor.

Blake said, naw dawg. Gonna go get Mandy! I got this!!!

 

[Cajuncane]

We DoNt hAvE mOnEy FoR a GoOd cOaCh

Yea cause we’re paying ****** ones 9.5 million a year..

 

[Skitz305]

My theory is that Richt knew he was most likely going to resign. He knew Manny probably wanted the job. He waited until Manny took job & did pres conference knowing he wasn’t the best option and then resigned hoping a very good candidate was chosen as successor.

Blake said, naw dawg. Gonna go get Mandy! I got this!!!

Honestly, I wouldn't be surprised if this is exactly how it went down lol.

 

[PIPO]

Honestly, I wouldn't be surprised if this is exactly how it went down lol.

Right?! LOL!
Seriously, have you ever seen Richt give Manny much love while being an analyst on ACC network? Body language tells me that he thinks Manny as a HC is a clown

 

[caneworld]

SOURCES: “Miami Hurricanes Head Coach Manny Diaz has information that will lead to the arrest of Hillary Clinton.”

Now we wait.

Oops, she mistook Cribby for him and now he is missing... dang

 

[NDE]

View attachment 156051

Alex Jones, the world's biggest conspiracy theorist, has info to put Trump and his kids locked up until they are 10 feet under. LOL.

 

[TheOriginalCane]

Yes this has to include the buy out. But how exactly did we pay him 9.5 million in the 12 month period ending 5/31/2020.

https://apps.irs.gov/pub/epostcard/cor/590624458_202005_990_2021042117979597.pdf

View attachment 156047

There was probably an up-front amount of the Y1 comp that gets paid right away.

Imagine if you hired a coach from a tiny town, and then you didn't give him a dime for a couple of weeks, until the "first paycheck". I'm sure that standard operating procedure is to front a few million of the salary so that the coach can move, buy a house, etc.

 

[TemplarCane]

Yes, I tried to say this in another thread.

Although, perhaps, if Miami technically paid the buyout on behalf of Manny the payment may be considered compensation to Manny.

 

[Fluffhead]

Yes this has to include the buy out. But how exactly did we pay him 9.5 million in the 12 month period ending 5/31/2020.

https://apps.irs.gov/pub/epostcard/cor/590624458_202005_990_2021042117979597.pdf

View attachment 156047

Want the real kick in the junk? We had to pay a 21% tax on his compensation above $1m that is not factored into that number. So tack on another $1.8m or so.

 

[oso4lyf]

Don't blame Manny for this.

This is on Flake

 

[L A M P]

Want the real kick in the junk? We had to pay a 21% tax on his compensation above $1m that is not factored into that number. So tack on another $1.8m or so.

Does the government run UofM? Would make sense.

 

[Rellyrell]

Yes this has to include the buy out. But how exactly did we pay him 9.5 million in the 12 month period ending 5/31/2020.

https://apps.irs.gov/pub/epostcard/cor/590624458_202005_990_2021042117979597.pdf

Thank u my friend; hence in my thread, i said we deserve better than his $16.5m pay in 3 yrs have given us. Ppl were like the math don’t add up b/c we paid Temple $4 & he’s making $3.1m season. Thank u for uncovering, in print, what we paid in total that 2019 - 2020 season.

 

[hoops156]

Thank u my friend; hence in my thread, i said we deserve better than his $16.5m pay in 3 yrs have given us. Ppl were like the math don’t add up b/c we paid Temple $4 & he’s making $3.1m season. Thank u for uncovering, in print, what we paid in total that 2019 - 2020 season.

The temple buyout goes to manny who then pays temple. We do pay manny 3.1 which isn’t gonna get you an elite coach

 

[TheOriginalCane]

Want the real kick in the junk? We had to pay a 21% tax on his compensation above $1m that is not factored into that number. So tack on another $1.8m or so.

A very good, and frequently overlooked, point.

Upon review, I do think it was the $4M buyout. Miami may CHOOSE to pay that off, but the mechanics are "payment to Manny, followed by Manny buying himself out of his Temple contract".

Which kinda sucks (for Manny), as he doesn't get a personal deduction for that on his 1040.

 

[Rellyrell]

The temple buyout goes to manny who then pays temple. We do pay manny 3.1 which isn’t gonna get you an elite coach

What? Where is the Temple buyout money coming from? Is that coming out of Manny’s Chase Savings Account? Make sense.