waldo027 Posted February 5, 2016 Share Posted February 5, 2016 About how much is Crews's buyout? Quote Link to comment Share on other sites More sharing options...
JMM28 Posted February 5, 2016 Share Posted February 5, 2016 What is the buyout? If Crews is on a 5 year contract with a pricey buyout, May should be fired. He should probably be fired for many reasons along with that. Quote Link to comment Share on other sites More sharing options...
Cowboy Posted February 5, 2016 Share Posted February 5, 2016 About how much is Crews's buyout? -it wouldn't surprise me if at this point less than 10 in the world know, Crews, his wife, his agent, his agent's assistant, May, FrB, DrP, SLU's employment attorney, their assistant and may be the head of the Trustees -the biggest expansion of the list I would think would be the entirety of the Trustees Quote Link to comment Share on other sites More sharing options...
brianstl Posted February 5, 2016 Share Posted February 5, 2016 -it wouldn't surprise me if at this point less than 10 in the world know, Crews, his wife, his agent, his agent's assistant, May, FrB, DrP, SLU's employment attorney, their assistant and may be the head of the Trustees -the biggest expansion of the list I would think would be the entirety of the Trustees Novelly and Chaifetz know and they would be the two most important. One or both will have to step up and pay the freight for a possible expensive buyout. Plus, if you want a top flight coach the boosters will have to pay. Quote Link to comment Share on other sites More sharing options...
cheeseman Posted February 6, 2016 Share Posted February 6, 2016 Novelly and Chaifetz know and they would be the two most important. One or both will have to step up and pay the freight for a possible expensive buyout. Plus, if you want a top flight coach the boosters will have to pay. You are correct. Where people come up with crazy statements like "pricey buyout" is beyond me. What would be the point of a buyout if it is more or equal to the remaining years of the contract. Only an idiot would agree to that or even think something as stupid as that would be done. Quote Link to comment Share on other sites More sharing options...
TheChosenOne Posted February 6, 2016 Share Posted February 6, 2016 You are correct. Where people come up with crazy statements like "pricey buyout" is beyond me. What would be the point of a buyout if it is more or equal to the remaining years of the contract. Only an idiot would agree to that or even think something as stupid as that would be done. I am envisioning the buyout being his base salary which would likely be around $300k per year (so around $600k). There is no chance they would be on the hook for his total compensation which includes incentives that would not be achieved if he were fired. Quote Link to comment Share on other sites More sharing options...
cheeseman Posted February 6, 2016 Share Posted February 6, 2016 I am envisioning the buyout being his base salary which would likely be around $300k per year (so around $600k). There is no chance they would be on the hook for his total compensation which includes incentives that would not be achieved if he were fired. Your point is probably close to the truth. My sense is it is around 500K but your figure makes sense. Quote Link to comment Share on other sites More sharing options...
JMM28 Posted February 6, 2016 Share Posted February 6, 2016 The only point of a big buyout is if you have a young possibly in demand coach. Then you get $$ from the hiring school for stealing him. Quote Link to comment Share on other sites More sharing options...
TheChosenOne Posted February 6, 2016 Share Posted February 6, 2016 Your point is probably close to the truth. My sense is it is around 500K but your figure makes sense. Thanks for the info. I should have clarified, I have absolutely no knowledge of his contract. My guess was based on what I have seen for basketball coaches at public schools. You have to figure keeping Crews around the next two seasons would cost us more than $500k, right? Quote Link to comment Share on other sites More sharing options...
BigMouthBilliken Posted February 6, 2016 Share Posted February 6, 2016 HAPPY MARDI GRAS. DRINK AWAY YOUR SORROWS AND REMEMBER, #FIREJIMCREWS Quote Link to comment Share on other sites More sharing options...
CBFan Posted February 6, 2016 Share Posted February 6, 2016 HAPPY MARDI GRAS. DRINK AWAY YOUR SORROWS AND REMEMBER, #FIREJIMCREWS +1 Quote Link to comment Share on other sites More sharing options...
cheeseman Posted February 6, 2016 Share Posted February 6, 2016 Thanks for the info. I should have clarified, I have absolutely no knowledge of his contract. My guess was based on what I have seen for basketball coaches at public schools. You have to figure keeping Crews around the next two seasons would cost us more than $500k, right? I would agree - we are probably already losing close to his salary in decreased attendance, concessions, parking, and donations when the Billiken Club renewals go out this summer. Quote Link to comment Share on other sites More sharing options...
waldo027 Posted February 6, 2016 Share Posted February 6, 2016 -it wouldn't surprise me if at this point less than 10 in the world know, Crews, his wife, his agent, his agent's assistant, May, FrB, DrP, SLU's employment attorney, their assistant and may be the head of the Trustees -the biggest expansion of the list I would think would be the entirety of the Trustees I agree, and I highly doubt that Dwayne's World on the Billikens.com message board has access to this information. Crews is getting paid 800k. He's one of the top paid coaches in the A10 and makes more than Archie Miller. We can get some good young coaches from smaller schools to come here for that salary. So they would only really need to pay the buyout. It would hardly be a Soderberg to Majerus transaition where the school had to buy out Soderberg, may Majerus double what Soderberg got, pay for charter flights, etc. Quote Link to comment Share on other sites More sharing options...
slu72 Posted February 6, 2016 Share Posted February 6, 2016 It was my understanding that the only buy out issue would be for Crews. His staff must be on 1 year contracts.[/quote Cheese we all know Crews doesn't determine his fate, unless he pulls the plug on himself. Unless he's a complete moron, he's not gonna do it. He's gonna have to be flat out fired and paid his buyout. And there's the rub will Mays admit making a roughly $2mm mistake, actually more, and then have to go out and find someone to hire for another 5 year pricey deal by SLU standards? I don't think he will unless a big donor steps up and writes the check. We are trapped in basketball hell and ain't getting out anytime soon. Quote Link to comment Share on other sites More sharing options...
Soderball Posted February 6, 2016 Share Posted February 6, 2016 Just fire Jim Crews. Quote Link to comment Share on other sites More sharing options...
MusicCityBilliken Posted February 7, 2016 Share Posted February 7, 2016 I wondering his contract has escape clauses attached. Supposedly he making $850,000/y. Who else in the A10, other then Shaka at the time of doing his contract, makes that much? He might have taken the high salary in lieu of security. At his age, what did he need security for and the rumor was Rick had to beg him to join the staff. Also Crews did not exactly come in with a sterling resume and we were not competing with other schools for his services, so it would have behooved May (or who ever did his contract) to have some escape clauses built in the contract. Recall they dumped Sodie without paying much out. Quote Link to comment Share on other sites More sharing options...
cheeseman Posted February 7, 2016 Share Posted February 7, 2016 It was my understanding that the only buy out issue would be for Crews. His staff must be on 1 year contracts.[/quote Cheese we all know Crews doesn't determine his fate, unless he pulls the plug on himself. Unless he's a complete moron, he's not gonna do it. He's gonna have to be flat out fired and paid his buyout. And there's the rub will Mays admit making a roughly $2mm mistake, actually more, and then have to go out and find someone to hire for another 5 year pricey deal by SLU standards? I don't think he will unless a big donor steps up and writes the check. We are trapped in basketball hell and ain't getting out anytime soon. I am sorry but where is the $2mm mistake coming from? Are you saying because he has already paid Crews that for 2 years? - that money is already sunk money. You can not get it back so it does not make any sense to keep throwing good money after bad. It really does not matter where the money comes from it just has to come - the school and its boosters have little choice but to dump him. My point was to the poster who said that Crews would never leave on his own so we are stuck with paying him - this is not true at all, whether Crews wants to leave or not is not up to him. It is up to the school and the cost to the school is the buy out which in the long run is cheaper than keeping him and better for the sports revenue stream long term. Quote Link to comment Share on other sites More sharing options...
cheeseman Posted February 7, 2016 Share Posted February 7, 2016 I wondering his contract has escape clauses attached. Supposedly he making $850,000/y. Who else in the A10, other then Shaka at the time of doing his contract, makes that much? He might have taken the high salary in lieu of security. At his age, what did he need security for and the rumor was Rick had to beg him to join the staff. Also Crews did not exactly come in with a sterling resume and we were not competing with other schools for his services, so it would have behooved May (or who ever did his contract) to have some escape clauses built in the contract. Recall they dumped Sodie without paying much out. +1 Quote Link to comment Share on other sites More sharing options...
FireCrews Posted February 7, 2016 Share Posted February 7, 2016 Lets get rid of this clown Crews already. Quote Link to comment Share on other sites More sharing options...
BACKHANDtheRICAN Posted February 15, 2016 Author Share Posted February 15, 2016 is Crews fired yet? Quote Link to comment Share on other sites More sharing options...
Soderball Posted February 15, 2016 Share Posted February 15, 2016 is Crews fired yet? He is still on the sidelines playing charades. Depressing. Quote Link to comment Share on other sites More sharing options...
cheeseman Posted February 15, 2016 Share Posted February 15, 2016 At this point they are going to let him dangle until the end of the year obviously. So, just chill out until the last game. It won't be long after that. Quote Link to comment Share on other sites More sharing options...
Soderball Posted February 16, 2016 Share Posted February 16, 2016 At this point they are going to let him dangle until the end of the year obviously. So, just chill out until the last game. It won't be long after that. I am scared he will be back. You cant ask me to relax. Quote Link to comment Share on other sites More sharing options...
BACKHANDtheRICAN Posted February 16, 2016 Author Share Posted February 16, 2016 I am scared he will be back. You cant ask me to relax. agreed. we are used to mediocrity from our administration. Quote Link to comment Share on other sites More sharing options...
DeSmetBilliken Posted February 16, 2016 Share Posted February 16, 2016 I am scared he will be back. You cant ask me to relax. Ditto. My concern is that SLU is still giving Crews credit for 2012-13 and 2013-14. Quote Link to comment Share on other sites More sharing options...
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