If you want to get rid of Ollie

[whaler11]

You have two choices:

1. Drum up 8 figures to satisfy his contract.

2. Set him up to go for cause.

Hopefully that reality will save us the same conversation every game for the next 4 years.

(stole the contract info from Fishy’s twitter).

Ironically this contract is reason to fire everyone on the UConn side who negotiatiated it for cause.

 

[jibsey]

After this season about 14 million I guess, but if it’s decided he’s not capable it has to be done.

 

[upstater]

After this season about 14 million I guess, but if it’s decided he’s not capable it has to be done.

UConn is heavily subsidizing the AD. This is also a year in which the state gov't is dropping support by untold millions. That money, in other words, is not going to come from the university. wrong time, bad timing.

 

[polycom]

Unless some donor writes the check no chance UConn gets rid of Ollie even though we should.

 

[my2cents]

Ollie is completely UNDOING what Calhoun accomplished.

 

[ConnHuskBask]

Sounds like the kind of contract a Rock Star and a winner, who likes winning would write and sign.

But hey they sent out a couple good tweets one time, they get it.

What a disaster.

 

[whaler11]

Sounds like the kind of contract a Rock Star and a winner, who likes winning would write and sign.

But hey they sent out a couple good tweets one time, they get it.

What a disaster.

Herbst totally gets athletics. It’s super important to her.

 

[tcf15]

Here's article 3:

 

[tcf15]

Here's article 6:

 

[UCFan1513]

Here's article 3:

So we’d only have to pay $400,000 per year if he were fired?

 

[sledog]

Give him the $$. The state is bankrupt and the check will bounce.

 

[Bonehead]

Are the Lakers no longer interested...

Uh oh..Lakers coming calling

 

[gampelcrazies]

If he gets fired wouldn't the money come from UConn Club donations/revenue from the athletic program?

 

[tcf15]

If he gets fired wouldn't the money come from UConn Club donations/revenue from the athletic program?

Yeah, based on the language in the contract, it seems like the University is responsible for the base salary, which is $400K a year ($1.2 million remaining after this year). Not sure where the Public Relations, Consulting and Media Fees come from though ($9.4 million remaining after this year).

 

[CTGoonie]

Wasn't there a FB coach who was talked into resigning recently (maybe McElwain at Florida?). Everyone knew he was going to be fired but he resigned instead and therefore the school did not have to pay him what he was owed. Considering everything KO has said over the years I wouldn't put it past him to just resign to help the school. Or not.
BTW, I'm not saying he should be let go immediately either. Have to give him the rest of the season at a minimum.

 

[JMick]

Wasn't there a FB coach who was talked into resigning recently (maybe McElwain at Florida?). Everyone knew he was going to be fired but he resigned instead and therefore the school did not have to pay him what he was owed. Considering everything KO has said over the years I wouldn't put it past him to just resign to help the school. Or not.
BTW, I'm not saying he should be let go immediately either. Have to give him the rest of the season at a minimum.

LOL no way he does that. Remember when he used the NBA talk to get a raise?

 

[gampelcrazies]

This is just an idea but could they possibly work a deal with him and demote him? Kinda of like what the Yankees did with a-rod. Make him some UConn basketball ambassador. Would be a lot of money but if you fire him you still have to pay it.

 

[ConnHuskBask]

This is just an idea but could they possibly work a deal with him and demote him? Kinda of like what the Yankees did with a-rod. Make him some UConn basketball ambassador. Would be a lot of money but if you fire him you still have to pay it.

Post/handle

 

[gampelcrazies]

Post/handle

Lol. It was just a thought. I know it would ever happen.

 

[BUConn10]

This is just an idea but could they possibly work a deal with him and demote him? Kinda of like what the Yankees did with a-rod. Make him some UConn basketball ambassador. Would be a lot of money but if you fire him you still have to pay it.

Negative percent chance this ever happens, purely regarding pride and future career resume of a clearly competitive individual. That being said in a fictional ideal world this would be potentially a best case scenario. Ollie certainly has assets he brings to the program in spades in certain areas, unfortunately it has become clear managing players on and off the court is not up to par for a program of this caliber, which is like 80% of what he gets paid for.

 

[HuskyHawk]

If we fire him before May 2019, we owe him: $1M in deferred compensation, $600k of which has already been accrued, plus a single payment of $600k. That's it. He will have earned another $200k in deferred comp by the end of the season, so really the buyout is only $800k ($600k plus the vesting of the $200k in deferred comp for 2018-19).

 

[beakumhawks]

You could always arrange for him to have an "accident". I'm guessing Fishy is good at that sort of thing.

 

[Penfield]

I don't know what this means for the trajectory of the season or what might happen after, but it is good to keep in mind that we may have our hands tied here. If change needs to happen, DB might be better of forcing some staff replacements than forcing out the HC.

Also good to keep in mind that these things typically have a way of working themselves out that are beneficial to both parties.

Anyways nothing should happen before the end of the season. I think we will have a better team in February since the freshman and defense will have likely improved, but it might be too late to save the season at that point.

 

[Excalibur]

I don't know what this means for the trajectory of the season or what might happen after, but it is good to keep in mind that we kinda have our hands tied here.

If change needs to happen, DB might be better of forcing some staff replacements than forcing out the HC.

We've already had staff replacements. If we can't raise the $$ it looks as if our fate is sealed.

 

[HuskyHawk]

I don't know what this means for the trajectory of the season or what might happen after, but it is good to keep in mind that we kinda have our hands tied here.

If change needs to happen, DB might be better of forcing some staff replacements than forcing out the HC.

Why? It's pretty minor really. Much less than Diaco.

 

[noeynox]

Sounds like the kind of contract a Rock Star and a winner, who likes winning would write and sign.

But hey they sent out a couple good tweets one time, they get it.

What a disaster.

Ding, ding, ding, ding. We have a winner. This from the same people who brought you Diaco's raise and extension. The same people who told you everything was fine and UConn fans had nothing to worry about during CR only to later tell you they were tired of talking about CR.

No wonder Ollie sits there looking like he could give 2 shirts the team is being humiliated on national TV. Zero reason to worC.F..

The frigging pain.

 

[Excalibur]

So we’d only have to pay $400,000 per year if he were fired?

No. All comp in Article 6 also due . . .

 

[Penfield]

Why? It's pretty minor really. Much less than Diaco.

idk some people are saying its closer to $10 mil. What is the actual amount?

 

[Waquoit]

Ollie is our only hope but I don't think he is up to the task. And he's not going anywhere. That ship has sailed.

 

[Excalibur]

Why? It's pretty minor really. Much less than Diaco.

Factually incorrect . . . plus we found Diaco's replacement at a bargain basement price. That won't be the case here.