Pope’s BYU Buyout

[Slowwalker]

Had no idea that BYU billed UK for the $6 million buyout for Pope and haven’t see this discussed. I honestly had no clue that colleges did this. Is it a common practice?

BYU billed UK $6 million for basketball coach Mark Pope's buyout, records show

After hiring Mark Pope to lead Kentucky basketball, BYU sent UK an invoice for $6 million for his buyout. His current contract runs through March 2029

www.courier-journal.com

 

[OliverSimmonstwinbrother]

Had no idea that BYU billed UK for the $6 million buyout for Pope and haven’t see this discussed. I honestly had no clue that colleges did this. Is it a common practice?

BYU billed UK $6 million for basketball coach Mark Pope's buyout, records show

After hiring Mark Pope to lead Kentucky basketball, BYU sent UK an invoice for $6 million for his buyout. His current contract runs through March 2029

www.courier-journal.com

I don't care what anyone says, Mitch Barnhart is a moron.

 

[EliteBlue]

Yes. It’s common. It’s why the argument that “coaches can leave why can’t players” is a weak argument. Coaches don’t coach at 3 different schools in 4 years. And 75%+ of the time, if they break their contract, it comes with the receiving school paying a buyout to break the losing schools contract.

So players should either have transfer rules such as the old “1 free transfer and 1 grad transfer” or a 2 transfers in 5 years rule….or we go to player contracts with buyouts

 

[bbncal02]

I don't care what anyone says, Mitch Barnhart is a moron.

For getting Pope? Or for Cal's contract?

 

[bishop45acp]

This is why the NIL is so screwed up. A recruit can receive massive amounts of money, with absolutely no repercussions for transferring or leaving for the pros after year one. If anyone ran an actual business like this, they would be bankrupt in 4 years. That's why there needs to be some sort of contract required. A type of we will pay your asking price, but we want some guarantee of a return on the investment. The NCAA was screwed up with all the underhanded payments, but IMO NIL has made it even worse than it was?

 

[Rideordiewildcat]

Did we send Arkansas a bill? Good i probably wouldn't have the stones to in case they sent him back🤡

 

[bigblueinsanity]

Then we paid him a top notch salary and we guaranteed 75% of it. All for someone that would've crawled here.

I love Pope but that's massively overpaying for a guy without even a single ncaa tournament win.

 

[OliverSimmonstwinbrother]

For getting Pope? Or for Cal's contract?

For almost every contract he's done since hes been AD. Lol. It's not an anti Pope thing.

 

[bthaunert]

Had no idea that BYU billed UK for the $6 million buyout for Pope and haven’t see this discussed. I honestly had no clue that colleges did this. Is it a common practice?

BYU billed UK $6 million for basketball coach Mark Pope's buyout, records show

After hiring Mark Pope to lead Kentucky basketball, BYU sent UK an invoice for $6 million for his buyout. His current contract runs through March 2029

www.courier-journal.com

It’s common. Any coach that has a buyout if he leaves a university negotiates that the new school pay the buyout.

 

[chroix]

This is how most pro contracts work right?

 

[bthaunert]

Did we send Arkansas a bill? Good i probably wouldn't have the stones to in case they sent him back🤡

I do not believe Cal had a buyout he owed to the university if he left.

 

[billoliver40]

Sooooo....now Mitch Barnhart is responsible for a different teams contract????

That's a long stretch.

 

[ImTheVillageIdiot]

This is how most pro contracts work right?

Yep it’s just something else for people to be upset about with zero basic understanding. Love how the first comment after is about Mitch, even though it was a clause negotiated in a BYU contract. Good ole RR, never change lol

 

[kywildcat41035]

For getting Pope? Or for Cal's contract?

The list can go deeper than that really!

 

[bbncal02]

I do not believe Cal had a buyout he owed to the university if he left.

Cal violated his contract by talking to Arky without informing UK. We didn't owe him a dime

 

[OliverSimmonstwinbrother]

Yep it’s just something else for people to be upset about with zero basic understanding. Love how the first comment after is about Mitch, even though it was a clause negotiated in a BYU contract. Good ole RR, never change lol

So Mitch isn't directly responsible for the 11+ million we paid for a new coach? Maybe your the one that doesn't comprehend this.

I think we all understand the buyout was apart of Pope's BYU contract, we all follow sports here.

It's the fact that we paid 6 million to another school and 5 million plus on top of that for a guy at Pope's level. This is just the latest example of Mitch's ineptitude. He paid 2.5 million to fire Joker, signed Cal to a lifetime contract, the mess we have with Stoops.

 

[oakhillcatman]

Did we send Arkansas a bill? Good i probably wouldn't have the stones to in case they sent him back🤡

No we paid them under the table

 

[UKWildcats1987]

Then we paid him a top notch salary and we guaranteed 75% of it. All for someone that would've crawled here.

I love Pope but that's massively overpaying for a guy without even a single ncaa tournament win.

Mitch isn't that intelligent when it comes to these sort of things.

 

[HagginHall1999]

Cal violated his contract by talking to Arky without informing UK. We didn't owe him a dime

He is saying Calipari didn't have a buyout. Example being, if he took UCLA job, they would owe UK zero. Pope had a buyout at BYU.

 

[michaeluk26]

I genuinely never knew his buyout was 6 mil.

 

[HagginHall1999]

Mitch isn't that intelligent when it comes to these sort of things.

It aint his money. He actually has done a great job here in all. If you take away personal feelings and look at his whole tenure, it is a net positive for sure. Hell of a lot better than several previous administrators. He has his share of gaffes though.

 

[bbncal02]

He is saying Calipari didn't have a buyout. Example being, if he took UCLA job, they would owe UK zero. Pope had a buyout at BYU.

Cal did have a buyout though. That's why we couldn't fire him. It was like 40 mil over the course of 6 years or something insane.

 

[the nail at the foul line]

Said you hurt and abuse telling all of your lies ooh sweet sweet baby lord I say how you hypnotize take it easy baby let them say what they will will your tongue wag so much when I send you the bill

 

[HagginHall1999]

Cal did have a buyout though. That's why we couldn't fire him. It was like 40 mil over the course of 6 years or something insane.

That was to pay him If UK fired him without cause.

Cal had no buyout for another University to pay in order for him to go to another (that) school.

In other words, Cal was an unrestricted free agent at all times. No consequence for another team to poach him.

On a side note...those were all his terms. Calipari doesn’t even have an agent.

 

[yoshukai]

Cal did have a buyout though. That's why we couldn't fire him. It was like 40 mil over the course of 6 years or something insane.

It was a buyout that we would have to pay him if we fired him . There was no buyout for another school to pay us if they hired him .

 

[JRCAT14]

So Mitch isn't directly responsible for the 11+ million we paid for a new coach? Maybe your the one that doesn't comprehend this.

I think we all understand the buyout was apart of Pope's BYU contract, we all follow sports here.

It's the fact that we paid 6 million to another school and 5 million plus on top of that for a guy at Pope's level. This is just the latest example of Mitch's ineptitude. He paid 2.5 million to fire Joker, signed Cal to a lifetime contract, the mess we have with Stoops.

Big deal! I would rather pay 16 million for Pope's first two years than pay Cal 18 million for the same two years.

 

[ThunderCat98]

Ffs. First, how do some of you not know this is a common practice? Second, why are we acting like Mitch did something wrong by doing what nearly every AD at every school in the country has done when hiring a coach away from another institution? There's plenty to criticize Mitch over without engaging in faux outrage over nothing. I'm convinced some of you just like to bitch.

 

[ImTheVillageIdiot]

So Mitch isn't directly responsible for the 11+ million we paid for a new coach? Maybe your the one that doesn't comprehend this.

I think we all understand the buyout was apart of Pope's BYU contract, we all follow sports here.

It's the fact that we paid 6 million to another school and 5 million plus on top of that for a guy at Pope's level. This is just the latest example of Mitch's ineptitude. He paid 2.5 million to fire Joker, signed Cal to a lifetime contract, the mess we have with Stoops.

Did you expect to buy a new coach with sticks? I don’t get your point. If you wanted Pope you were going to have to buy him out of his existing contract and then pay him a contract yourself…that applies to literally every single AD in the country if they wanted to hire a coach under agreement that has a buyout

And it’s not even your money lol

 

[bthaunert]

Cal violated his contract by talking to Arky without informing UK. We didn't owe him a dime

That’s not the buyout I’m talking about. Pope had a buyout that if he left BYU for another job, he owed them $6 million. There was no such buyout in Cal’s contract.

 

[bthaunert]

Cal did have a buyout though. That's why we couldn't fire him. It was like 40 mil over the course of 6 years or something insane.

You have your buyouts backwards. The buyout you’re speaking of is if he was fired without cause, UK would owe him money. The other buyout, where he would owe UK if he left for another job, was not in his contract.

 

[UKBB4Ever]

This is why the NIL is so screwed up. A recruit can receive massive amounts of money, with absolutely no repercussions for transferring or leaving for the pros after year one. If anyone ran an actual business like this, they would be bankrupt in 4 years. That's why there needs to be some sort of contract required. A type of we will pay your asking price, but we want some guarantee of a return on the investment. The NCAA was screwed up with all the underhanded payments, but IMO NIL has made it even worse than it was?

Every business does run that way.

There’s no guaranteed return on advertising money spent.

My former company never used celebrity advertising until NIL came about.

We felt like we got a good return but not measurably better than not using them. We wanted to do it.

There’s no guarantees. And it will seek its own level. If business owners don’t feel they are getting a fair return they will spend elsewhere or less.

But there is always going to be an emotional factor to NIL.

Much gnashing of teeth over nothing.

 

[UKBB4Ever]

Cal violated his contract by talking to Arky without informing UK. We didn't owe him a dime

Cal did not violate his contact. That’s a myth for this board.

Like many others.

 

[ImTheVillageIdiot]

Cal did not violate his contact. That’s a myth for this board.

Like many others.

You got this confirmed with an attorney who combed through the contract guidelines to come to this conclusion?

 

[Rideordiewildcat]

I do not believe Cal had a buyout he owed to the university if he left.

Weird wed have that insane contract with no buyout.

So we're held hostage but he could just leave whenever. Way to go Barnfart.

 

[bbncal02]

You have your buyouts backwards. The buyout you’re speaking of is if he was fired without cause, UK would owe him money. The other buyout, where he would owe UK if he left for another job, was not in his contract.

Fair enough. Always loved how not performing to standard would been “without cause”. CBB coaches make too much damn money.

 

[bthaunert]

Fair enough. Always loved how not performing to standard would been “without cause”. CBB coaches make too much damn money.

Don’t even get me started on that because I totally agree. A coach is hired to win basketball games and when he’s fired for not winning basketball games, it’s with lout cause. What a joke!

 

[bbncal02]

Don’t even get me started on that because I totally agree. A coach is hired to win basketball games and when he’s fired for not winning basketball games, it’s with lout cause. What a joke!

Right? Same for football. "Waddya mean I'm fired for have 3 losing seasons in a row?! Fine. Give me my 10 million."

Joke city.

 

[catfan220]

Yes. It’s common. It’s why the argument that “coaches can leave why can’t players” is a weak argument. Coaches don’t coach at 3 different schools in 4 years. And 75%+ of the time, if they break their contract, it comes with the receiving school paying a buyout to break the losing schools contract.

So players should either have transfer rules such as the old “1 free transfer and 1 grad transfer” or a 2 transfers in 5 years rule….or we go to player contracts with buyouts

Buyouts would certainly be interesting. It would give a lifeline to the mid majors who find and/or develop a good to great player. Some power conference grabs that guy, pays the buyout, and the mid major is all of a sudden flush with cash to fill out their roster.

 

[catfan220]

Weird wed have that insane contract with no buyout.

So we're held hostage but he could just leave whenever. Way to go Barnfart.

I’m grateful Cal didn’t have a buyout. No one would’ve paid $40m to hire him off us

 

[SkyPrince1]

Weird wed have that insane contract with no buyout.

So we're held hostage but he could just leave whenever. Way to go Barnfart.

That's the type of contract you get when you're at the top of the food chain of coaches
Basketball and Football.
It's not uncommon as all the upper echelon coaches have this in their contracts.