ADVERTISEMENT

Is spending $27m worth getting rid of

What is for cause in the contract? The one I found says as defined in Paragraph 7d but there doesn’t appear to be a 7d


He is obligated to do post game radio shows and he ditches them quite often after bad losses.
It’s section 10…it specifically lists for cause. It also speaks that things like skipping a post game show could result in a fine or suspension but not termination.
 
  • Like
Reactions: fisherscatfan
It’s section 10…it specifically lists for cause. It also speaks that things like skipping a post game show could result in a fine or suspension but not termination.
Yes I took the contract verbatim. An obvious typo in the contract.
 
I was just coming back to acknowledge. Obvious typo in the contract as it is defined in 10D not 7d as stated. How the hell does a contract of that magnitude get through with that basic of a typo?
I agree…I’ve always thought it was crazy they messed that up. I just don’t think people understand how hard it is to fire someone with cause.
 
  • Like
Reactions: fisherscatfan
Honestly, we should’ve fired him when he allowed his son to be on roster with a “Earned Not Given” tattoo on his chest.



 
Here you go:

It’s stated in his contract that it’s paid out over the length of the contract on an annual basis, not one lump sum. Here is how the buyout works out annually:

24/25 - $6.4 million
25/26 - $6.8 million
26/27 - $6.8 million
27/28 - $6.8 million
28/29 - $6.8 million

The 3rd highest paid coach in college basketball is at $6.2 million (Izzo). Let’s say you bring on a coach and pay him $7 million max. That means you owe the following money between Cal’s annual buyout and the new coaches contract:

24/25 - $13.4 million
25/26 - $13.8 million
26/27 - $13.8 million
27/28 - $13.8 million
28/29 - $13.8 million

If you subtract what you’d be paying Cal annually if he remained the coach ($8.5 million in 24/25 and $9.1 million the following 4 years), you would need to come up with this much more money annually than you pay Cal right now in his contract::

24/25 - $4.9 million
25/26 - $4.7 million
26/27 - $4.7 million
27/28 - $4.7 million
28/29 - $4.7 million

In 2022, UK reported athletic department revenue of $159 million and expenses of $153.6 million, meaning they had $5.4 million at the end of the year….

It would not be difficult to get boosters on board for splitting the buyout. They pony up about $2.5 million annually and UK ponies up about $2.5 million ever year.
So if a former player stepped in and acted as head coach for a few years for 1 M per year, UK would actually save money? Coaching couldn’t be any worse could it? Bring some guys in via transfer portal and nil. Why not? 😂
 
  • Like
Reactions: Wildcatjedi
So if a former player stepped in and acted as head coach for a few years for 1 M per year, UK would actually save money? Coaching couldn’t be any worse could it? Bring some guys in via transfer portal and nil. Why not? 😂
Yep! Same results and save money!
 
  • Like
Reactions: sportspm
Read pages 10-13 under section 10 and tell me where you think they could get him.

https://legal.uky.edu/sites/default/files/2022-04/Coach_John_Calipari_Contract_0.pdf

Not going back and forth with you on this but this one time. Read page two and three of what you shared and if you do not see so many avenues of ways to address Cal's action, not sure what to tell you.

I stated we could agree to disagree and you are a decent poster no doubt but I see many areas where Cal could be held accountable. Legal wrangling in many areas could cause Cal to hit the road with just the dirt it would bring as far as what he has not done as coach and parts of what he has done.

That's just 17 pages. My annual appraisal is longer than that. Not trying to argue but the Kentucky legal system is a baby system compared to say a DC legal system. Just a for instance, a Texas HOA doc is about 26 pages, South Carolina HOA docs 28 or 29, a Northern Virginia HOA doc is 759 pages.

If UK would take the action, Cal could be terminated with cause. That is a heck of a lot of dough to pay out for nothing. In this case some legal wrangling would pay off well for UK.

Be darned what other prospective coaches may think. Just maybe it would cause them to toe the line better...

Edit: looking at that contract I see so many document possible loopholes it is ridiculous. The attorney that signed at the bottom needed to type the name out too. I saw a half dozen errors on acceptable contract language.
 
Last edited:
Absolutely.
It’s either ride it out and definitely not win a title. Or change it up and have a chance. Won’t be overnight but let’s face it, the only thing that matters here is titles. This isn’t Tennessee.
 
So if a former player stepped in and acted as head coach for a few years for 1 M per year, UK would actually save money? Coaching couldn’t be any worse could it? Bring some guys in via transfer portal and nil. Why not? 😂
Hell, let Ulis do it for a few.
 
  • Like
Reactions: CalipariCapo
My understanding of the contract is that it's through the 28-29 season as either a coach, or ambassador. Here's a snippet from online sports publications outlining some of the details concerning this role.


"While Calipari's record-shattering deal in 2019 was termed a lifetime contract, the truth is that it was not. It's simply a lucrative, long-term deal that offers Calipari the opportunity to continue collecting a nice salary until June of 2029."


This contract isn’t guaranteed to last through 2028-29, however. After the 2023-24 season, Calipari will have a chance to opt out of the deal and accept a role as Special Assistant to the Athletic Director. If he were to exercise that option, Calipari would keep his $400,000 base salary for the remainder of his contract, along with an additional $550,000 per year in supplemental pay. That would make his total compensation $950,000 per year.
Oh, okay…..thanks for breaking that down. I thought the $1/mil was for life (hence the lifetime contract verbiage).
 
Oh, okay…..thanks for breaking that down. I thought the $1/mil was for life (hence the lifetime contract verbiage).
I’ve always thought that using the term “lifetime contract” was stupid bc it was a 10 year contract. They used the verbiage “lifetime” to describe it because if je fulfilled the contract, he would end his career here.
 
What does Cal do well? People say he is a great recruiter but recruiting doesn’t really mean a lot if you can’t construct a team from random 5 stars. Purdue probably has very few 5 stars, UCONN might not have any either. Cal not only can’t coach, he doesn’t evaluate talent well and doesn’t have a system that he recruits for. Cal doesn’t say, we need an awesome rebounder and defender, and finds one. He takes the highest ranked player and often times it’s not the Elite 5 stars anymore. Dilly and Reed are our best freshman and they were the lowest ranked.
Correct
if CCC were a baseball GM, he would take 9 designated hitters as long as they were rated as 5*!
He does not assemble a team but accumulates talent. Not too smart IMO
 
Joe Craft is worth 1.5 billion dollars. If/when Joe Craft gets tired of Cal's schtick, then Cal will "leave to pursue other opportunites." No way UK says Cal is fired (even though he should be). It'll be UK's polite way of saying GTFO.
You’re under the impression that Craft and/or other mega donors are willing to scratch a check from their own account to hand Calipari the full golden parachute as a reward for his ineptitude and arrogance. Calipari has indicated he wants it all. Maybe the mega donors pay that full buyout if this were Texas A&M, but I’m not sure it works that way any longer in most other big programs - particularly when Calipari has burned so many bridges and UK athletics are no longer just basketball-only. To the extent UK has any leverage in getting Calipari to step down, isn’t that leverage the continued rotting of Calipari’s “legacy” on the vine?
 
Last edited:
  • Like
Reactions: catben
All SEC schools are getting $51 million from the SEC this year. Last year, I believe it was around $43 million. Is this money earmarked for the athletic department or does it go to the university to use as they see fit?
 
The state population is ~4.5 million.

$6/person gets you there.


I haven’t lived in Kentucky for nearly a quarter century, and have fairly nominal interest in UK basketball, yet I would gladly contribute $20 to get this guy out.
 
  • Like
Reactions: Wildcatjedi
All SEC schools are getting $51 million from the SEC this year. Last year, I believe it was around $43 million. Is this money earmarked for the athletic department or does it go to the university to use as they see fit?
That money goes to the athletic department. I’m sure their costs will go up as a department, but they shouldn’t go up by $8 million annually, plus they cleared just over $5 million last year.
 
Not going back and forth with you on this but this one time. Read page two and three of what you shared and if you do not see so many avenues of ways to address Cal's action, not sure what to tell you.

I stated we could agree to disagree and you are a decent poster no doubt but I see many areas where Cal could be held accountable. Legal wrangling in many areas could cause Cal to hit the road with just the dirt it would bring as far as what he has not done as coach and parts of what he has done.

That's just 17 pages. My annual appraisal is longer than that. Not trying to argue but the Kentucky legal system is a baby system compared to say a DC legal system. Just a for instance, a Texas HOA doc is about 26 pages, South Carolina HOA docs 28 or 29, a Northern Virginia HOA doc is 759 pages.

If UK would take the action, Cal could be terminated with cause. That is a heck of a lot of dough to pay out for nothing. In this case some legal wrangling would pay off well for UK.

Be darned what other prospective coaches may think. Just maybe it would cause them to toe the line better...

Edit: looking at that contract I see so many document possible loopholes it is ridiculous. The attorney that signed at the bottom needed to type the name out too. I saw a half dozen errors on acceptable contract language.
Step in and take the case man!!!!!!!!
 
It's not worth it if the only Guy mitch is going to hire is Scott Drew. I don't want Scott drew now unless Cal misses the tourney, then we do whatever it takes to get a new coach now.

Just know if Cal steps away, as long as Mitch is here, it will be a big dumb contract to get Scott Drew here ... 4 elite 8s in 20 years scott drew.
 
ADVERTISEMENT
ADVERTISEMENT