The Buyout

[AirRaid08]

MARK STOOPS BUYOUT
We see the 37.5M buyout and think it’s an impossible number. Truth is, it’s big but not as crushing as it looks. A school like Kentucky could handle it the same way others do major projects, through a bond or loan.

Spread over 10–20 years, the annual payments would be in the $3–5M range. That’s less than 10% of the SEC’s yearly revenue check (around $55–60M). The conference money alone could basically cover it.

So while it’s definitely not ideal, it’s not like the university would have to gut academics or hit fans with massive price hikes. It’s more of a long-term financial management question than an impossible wall.

Someone in finance tell me if I’m wrong and it’s not that simple.

 

[Burly]

I believe we have to pay in full in 60 days

 

[Buckwheat Otay Is Dead]

Retire or fire Barnhart, name Stoops as AD, and then hire a coach that can develop a passing game.

 

[AirRaid08]

I believe we have to pay in full in 60 days

That’s what I am saying. Get the loan to pay him his lump sum. We pay the loan back over time.

 

[Bereacat]

That’s what I am saying. Get the loan to pay him his lump sum. We pay the loan back over time.

I seen a figure that b4 a certain date the buyout was 100% of remaining salary, which is more like 56 million. I don’t know which number is correct but if that is the number, it def changes that

 

[Anon1755209580]

That’s what I am saying. Get the loan to pay him his lump sum. We pay the loan back over time.

So, not only do you think the university is just going to pony up this 37.5 million, you think they should pay interest on it too? And you think they will just do all of this without passing off the costs to fans or students in some capacity?

Living in a world of delusion must be a nice privilege.

 

[R.O.T.Muckinfush]

Stoops got this season and next minimum imo

 

[AirRaid08]

So, not only do you think the university is just going to pony up this 37.5 million, you think they should pay interest on it too? And you think they will just do all of this without passing off the costs to fans or students in some capacity?

Living in a world of delusion must be a

So, not only do you think the university is just going to pony up this 37.5 million, you think they should pay interest on it too? And you think they will just do all of this without passing off the costs to fans or students in some capacity?

Living in a world of delusion must be a nice privilege.

Did I ever mention that costs would or would not get passed on somewhere? No need to get ****** about it.
Ask Auburn with Malzahn, Tennessee with Jones and Pruitt and A&M with Jimbo.
Last I checked all those teams at least have a pulse right now as opposed to us.

 

[Anon1755209580]

Did I ever mention that costs would or would not get passed on somewhere? No need to get ****** about it.
Ask Auburn with Malzahn, Tennessee with Jones and Pruitt and A&M with Jimbo.
Last I checked all those teams at least have a pulse right now as opposed to us.

Yes, you claimed we were going to pay for it with the SEC yearly revenue check. That pretty much indicates you wouldn't expect it to get passed on.

Additionally, you claim it wouldn't have to gut academics or fans wouldn't be hit with massive price hikes.

So, now you're claiming you didn't say those things?

And on all that you think it's wise to pay even more due to interest on this alleged load we should take to cover it.

Each school you just named has historically been a football powerhouse at different times and have a much larger donor base. We don't!

It's honestly sad this has to be explained.

 

[AirRaid08]

Yes, you claimed we were going to pay for it with the SEC yearly revenue check. That pretty much indicates you wouldn't expect it to get passed on.

Additionally, you claim it wouldn't have to gut academics or fans wouldn't be hit with massive price hikes.

So, now you're claiming you didn't say those things?

And on all that you think it's wise to pay even more due to interest on this alleged load we should take to cover it.

Each school you just named has historically been a football powerhouse at different times and have a much larger donor base. We don't!

It's honestly sad this has to be explained.

It is sad. I’m just stupid.
Thanks for all you do for us.

 

[Supafuzz75]

Who cares,, pay it at years end regardless.. Sh*t always works out..

 

[Anon1755209580]

It is sad. I’m just stupid.
Thanks for all you do for us.

I don't know about stupid, but you're certainly ignorant as to financing and cost allocation

 

[Cats_2010]

Stoops got this season and next minimum imo

Hard to imagine how bad next season would be both on the field and in the stands. I see attendance dropping as the season goes and it’s a shame with the good home schedule we have which once again will likely not produce an SEC win. Stoops has sucked all the life out of this program. Mitch certainly should be canned for this debacle.

can only hope that a buyout is negotiated. Stoops only motivation would be not to have to endure a full season with fan apathy likely going out him hard which is likely to begin the latter half of this season.

 

[ksrbluesbrother]

That’s what I am saying. Get the loan to pay him his lump sum. We pay the loan back over time.

Do nothing until Barnhart is fired.

 

[BlueBallzz]

Hard to imagine how bad next season would be both on the field and in the stands. I see attendance dropping as the season goes and it’s a shame with the good home schedule we have which once again will likely not produce an SEC win. Stoops has sucked all the life out of this program. Mitch certainly should be canned for this debacle.

can only hope that a buyout is negotiated. Stoops only motivation would be not to have to endure a full season with fan apathy likely going out him hard which is likely to begin the latter half of this season.

As much as I would like, his buyout won’t be negotiated, there’s no real incentive to and UK has no leverage. The season may spiral, then comes basketball and an energized fan base (for basketball), then the “changes” will be made, new players come in, and most of the fan base will have hope for the next season.
Rinse and repeat.

 

[vhcat1970]

Don't know why we can't let him go & hire a guy at say $500K/yr. Wouldn't cost us that much.

 

[Snarks]

Best solution is to give the football team 0 revshare. Basically, make it bad for Stoops and he’ll leave. But, Mitch is too nice to do that. He’ll keep writing checks with a smile on his face.

 

[R.O.T.Muckinfush]

Don't know why we can't let him go & hire a guy at say $500K/yr. Wouldn't cost us that much.

Yes, bring in some young buck or proven HS coach of a big successful program.

 

[chicago_cat]

Unreal Barnhart put together two of the worst contracts in college with stoops and cals buyouts. His sub is setting and these two contracts were more than enough to fire him.

 

[Anon1662906254]

Retire or fire Barnhart, name Stoops as AD, and then hire a coach that can develop a passing game.

Only if Stoops doesn't try to run the football program and continue to handcuff the Offensive Coordinator or anything to do with Offensive Scheme

 

[paulcalhoun_rivals397471]

Don't know why we can't let him go & hire a guy at say $500K/yr. Wouldn't cost us that much.

500k huh? Are you and Booger going to comb the high schools for prospects?

 

[paulcalhoun_rivals397471]

Yes, bring in some young buck or proven HS coach of a big successful program.

Fire your winningest all time coach while paying a massive buyout in favor of a HS coach and you call Barnhardt dumb?

 

[gamalielkid]

I believe we have to pay in full in 60 days

You only have to pay - if you have the money! What's Stoops going to do - sue UK for the money? Let him. I'm sure it could be delayed for a long time in the courts! Both sides would come together - a judge would encourage them to work it out and they would work it out! Stoops is not Stupid - he may not know how to manage the clock at a football game - but he isn't stupid either. Since, as I understand it, UK doesn't have a coaching offset clause - he could draw his UK salary and then coach at another school, be a commentator or become a Bourbon magnet - lol!

Go Big Blue!

 

[paulcalhoun_rivals397471]

You only have to pay - if you have the money! What's Stoops going to do - sue UK for the money? Let him. I'm sure it could be delayed for a long time in the courts! Both sides would come together - a judge would encourage them to work it out and they would work it out! Stoops is not Stupid - he may not know how to manage the clock at a football game - but he isn't stupid either. Since, as I understand it, UK doesn't have a coaching offset clause - he could draw his UK salary and then coach at another school, be a commentator or become a Bourbon magnet - lol!

Go Big Blue!

Doesn't sound like the recipe for luring a good coach to come here as a replacement.

 

[Pattyice270812]

In my opinion, I dont think we will have to worry about a buyout. I think either he will find a different program which probably be a smaller school with decent tradition or take early exit after next season if nothing improves. I believe nothing changes after this season, he may find another offensive coordinator. As much we need a new face, I still dont think Stoops will put the program in cuffs by continue to overstay. Stoops flirting with Texas am tells me he is willing to hear different opportunities. Also something to think about, there hasn't been a kentucky coach in my lifetime(40) that stayed entirely of their contract.

 

[R.O.T.Muckinfush]

Fire your winningest all time coach while paying a massive buyout in favor of a HS coach and you call Barnhardt dumb?

3-35 against sec teams with a winning record

 

[BlueBallzz]

In my opinion, I dont think we will have to worry about a buyout. I think either he will find a different program which probably be a smaller school with decent tradition or take early exit after next season if nothing improves. I believe nothing changes after this season, he may find another offensive coordinator. As much we need a new face, I still dont think Stoops will put the program in cuffs by continue to overstay. Stoops flirting with Texas am tells me he is willing to hear different opportunities. Also something to think about, there hasn't been a kentucky coach in my lifetime(40) that stayed entirely of their contract.

I’m pretty sure Rich Brooks finished out his contract before he retired. However the plan all along was for Joker to take over.

 

[Eagles_Ball_69]

3-35 against sec teams with a winning record

Teams with losing records in the SEC are still pretty good.

You sound like the equivalent of a Vandy fan having the same expectations for Vandy basketball as UK has for basketball. Sounds kinda silly, huh?

 

[R.O.T.Muckinfush]

Teams with losing records in the SEC are still pretty good.

You sound like the equivalent of a Vandy fan having the same expectations for Vandy basketball as UK has for basketball. Sounds kinda silly, huh?

Thanks for the asinine comment.

 

[Pattyice270812]

I’m pretty sure Rich Brooks finished out his contract before he retired. However the plan all along was for Joker to take over.

I’m pretty sure Rich Brooks finished out his contract before he retired. However the plan all along was for Joker to take over.

He retired after 2009 season. His contract was supposed to end 2010 season.

 

[Bereacat]

Teams with losing records in the SEC are still pretty good.

You sound like the equivalent of a Vandy fan having the same expectations for Vandy basketball as UK has for basketball. Sounds kinda silly, huh?

Stoops messed up winning 10 games twice now fans know it can be done here. What sounds silly is well UK always sucked b4, so it is just the way it is. Or the only reason we had good years is everyone was down. Well UK should have beat OM for the third consecutive time but flat out blew it twice. Last year the should have beaten UGA. Stoops had showed UK can be successful in FB.

The problem is he let it slip and now fans are wanting him held accountable. He is getting another chance to turn it around and blowing it so far. That loss Saturday was on him. Poor clock management, horrific offensive game plan, atrocious play calling, etc. The D stifled Kiffin again and McGowan showed he is a SEC caliber RB. Yes they play in the SEC and over and over we have seen them be competitive.

 

[Blueaz]

I don't know about stupid, but you're certainly ignorant as to financing and cost allocation

Karen much?

 

[Anon1755209580]

Karen much?

Tell us you don't know what a Karen is without telling us.

 

[Eagles_Ball_69]

Thanks for the asinine comment.

Thanks for the extremely well thought out and articulated rebuttal.

 

[Eagles_Ball_69]

Stoops messed up winning 10 games twice now fans know it can be done here. What sounds silly is well UK always sucked b4, so it is just the way it is. Or the only reason we had good years is everyone was down. Well UK should have beat OM for the third consecutive time but flat out blew it twice. Last year the should have beaten UGA. Stoops had showed UK can be successful in FB.

The problem is he let it slip and now fans are wanting him held accountable. He is getting another chance to turn it around and blowing it so far. That loss Saturday was on him. Poor clock management, horrific offensive game plan, atrocious play calling, etc. The D stifled Kiffin again and McGowan showed he is a SEC caliber RB. Yes they play in the SEC and over and over we have seen them be competitive.

I don’t disagree. The fans have expectations and Stoops is a big part of why they have them. Im not sure it’s reasonable to think he can win 10 games EVERY year. I’m also pretty sure years like last year should be one offs now too.

The whole argument is moot really. His buyout isn’t going to be paid. The Crafts are the only ones seriously capable of putting it together. And Joe Craft is one of Marks best friends. Mark Stoops isn’t going to accept a negotiated deal to go away. And unless he does some real magic this year or next, nobody is going to want to pay him anything close to what he’s making now. And here’s the real view, if he does get if figured out and win 6-7 games this year and 7-8 next year, I don’t freaking want anyone to hire him away. I’m telling you, I firmly believe if he’d fire Hamdan and turn the offense over to Eddie we’d push that 6-7 win total. Hamdan is trash. I know, I know same HC. He’s no doubt made some HORRID hires at OC, but Hamdan is the worst. If you know football, you get how bad that guy is.

 

[Shydog]

I don’t disagree. The fans have expectations and Stoops is a big part of why they have them. Im not sure it’s reasonable to think he can win 10 games EVERY year. I’m also pretty sure years like last year should be one offs now too.

The whole argument is moot really. His buyout isn’t going to be paid. The Crafts are the only ones seriously capable of putting it together. And Joe Craft is one of Marks best friends. Mark Stoops isn’t going to accept a negotiated deal to go away. And unless he does some real magic this year or next, nobody is going to want to pay him anything close to what he’s making now. And here’s the real view, if he does get if figured out and win 6-7 games this year and 7-8 next year, I don’t freaking want anyone to hire him away. I’m telling you, I firmly believe if he’d fire Hamdan and turn the offense over to Eddie we’d push that 6-7 win total. Hamdan is trash. I know, I know same HC. He’s no doubt made some HORRID hires at OC, but Hamdan is the worst. If you know football, you get how bad that guy is.

Well, Stoops knows football right? So why does he stick with Hamdan?

 

[Eagles_Ball_69]

Well, Stoops knows football right? So why does he stick with Hamdan?

After Saturdays debacle, your guess is as good as mine. My guess is, it makes Stoops look bad to consistently hire awful OCs. And that would, in all honesty, be accurate.

 

[Cats_2010]

As much as I would like, his buyout won’t be negotiated, there’s no real incentive to and UK has no leverage. The season may spiral, then comes basketball and an energized fan base (for basketball), then the “changes” will be made, new players come in, and most of the fan base will have hope for the next season.
Rinse and repeat.

I don’t think it’s likely but possible if stoops cared anything about saving any part of his legacy here. If he comes back next year things are going to get really bad for him. Empty stands and what is there will boo the crap out of him. He will not be able to do anything around Lexington as he will be on everyone’s **** list. He doesn’t respond well to negativity and that is all he will receive. Will he want to do that for a full season? That would be his only motivation for a negotiated buyout.

 

[paulcalhoun_rivals397471]

Thanks for the asinine comment.

You are just refusing to face facts.

 

[TeamAmerica]

Best solution is to give the football team 0 revshare. Basically, make it bad for Stoops and he’ll leave. But, Mitch is too nice to do that. He’ll keep writing checks with a smile on his face.

So you are willing to completely kill football to save a few million on getting rid of Stoops? Sounds like a great plan