Old guy Posted April 10, 2016 Share Posted April 10, 2016 And I assume everyone assumes OKS is bound to continue paying the full amount for the whole 3 years as long as Ford says he is looking for a job, right? Nope, wrong. The mitigation of damages to be paid after firing an employee and breaking his contract is generally not allowed, contractually, to go at the same level forever, there are options built into the contract. One option is an outright buy out (expensve), another option is to use a system to build up whatever the fired person is paid in his/her new job (the new salary base) up to the level stipulated in the broken contract, this can save significant money to the payer. To determine the buil up level of a base salary provided by the new employer a sliding scale is generally used with the longer time elapsed from the time of dismissal "looking for a job" generally triggering progressively lower payments over the base provided by the new employer. They may pay full amount for "x" amount of time, then lower the amount in stages as time goes by. Of course, other options may be used as well. Unless you read the contract you do not know what the options given to Ford or what the sliding scale agreed upon in the contract is. OKS best interests are to pay the least amount they can, not the most. When you are dealing with a potential overall payment of $2.4 M a year over "x" years you, as a payer, have enough incentive to limit what you pay. So, for those of you that do not understand the concept, the payer may pay in full, increasing the base pay from the new employer to $2.4 M per year if the contract with the new employer is finalized within a specific amount of time which is generally not very long. As more time elapsed the build up of the new base salary decreases. Again multiple options may be stipulated contractually. This is not a matter of fairness, it is business. Of course OKS may (and should) have all kinds of additional protection to their best interests built into their contract with Ford or anyone else in a similar position. From the point of view of the fired person, they, of course, have a copy of the contract and have to make a decision between the options given, be it buy out or sliding scale payments or whatever is available. An old coach looking to retire may well take the outright payment option, someone who thinks he may have difficulty getting rehired may likewise take the outright payment option. On the other hand, a coach that believes he is hot and will be rehired rapidly may take the residual balance payment option over the remaining lifetime of the contract. If this is the option taken, the coach will have to scramble to get his rehire finalized within a pretty short period of time, to insure his overall take will remain at top level allowed by the contract. All of this is generalized speculation of course, we do not know beans unless we know the details of the contract signed between OKS and coach Ford when he was hired. Thank you for the clarification Kwjibo, however please understand that upon firing the ex employee has to make decisions as to what options, among those available to him/her will be taken. These decisions are indeed modifications of the original contract and will be the basis for all additional negotiations and payments to be received by the fired employee. Now enter SLU with its new contract with Ford, stipulating what salary, benefits, etc... will be paid to the new coach. This contract will generally form part of a negotiation with the prior employer (OKS) as to how the residual payments owed to Ford under the prior contract will be paid, when the payments will be made, and to whom the payments will be made to. Of course Ford is a party in this negotiation. All of the parties will be looking to further THEIR own best interests. Do we need to go further or can we let this go to rest now? Without the contract you do not know the exact terms controlling the payments from OKS to Ford after the firing. You can read all kinds of interpretations or opinions in the press, in blogs or in tweets, all of which may be conflicting in some way or the other. Without the contract all you can say is that all parties involved in this issue will be trying hard to get what is best for them, as they should. Quote Link to comment Share on other sites More sharing options...
JMM28 Posted April 10, 2016 Share Posted April 10, 2016 Well Old Guy thanks for the dissertation. You could have saved yourself a lot of typing by just googling "Travis ford contract" and seeing the actual contract, obtained by the press by a simple FOIA. It's generally accepted that the contract was very favorable for Ford. Quote Link to comment Share on other sites More sharing options...
milwaukeebill Posted April 10, 2016 Share Posted April 10, 2016 He didn't need a to get a coaching job, all he needed was A job. Literally could have taught high school history class and got paid 2M. His duty of mitigation was limited to a job, any job. Quote Link to comment Share on other sites More sharing options...
Old guy Posted April 10, 2016 Share Posted April 10, 2016 He didn't need a to get a coaching job, all he needed was A job. Literally could have taught high school history class and got paid 2M. His duty of mitigation was limited to a job, any job. OK JMM, maybe you would be kind enough to help an old guy befuddled by electronic stuff. I got the google FOIA for OKSU Stillwater. It contains 245 pages of names and contract numbers. How do you get to the actual contract with Ford? Once you find the number that is? Quote Link to comment Share on other sites More sharing options...
moytoy12 Posted April 10, 2016 Share Posted April 10, 2016 OK JMM, maybe you would be kind enough to help an old guy befuddled by electronic stuff. I got the google FOIA for OKSU Stillwater. It contains 245 pages of names and contract numbers. How do you get to the actual contract with Ford? Once you find the number that is? https://docs.google.com/file/d/0B3CvjC0vD64JekpoUlBhZzk4dlkxb3ZweFRLaG5JTy1YTVJZ/edit Quote Link to comment Share on other sites More sharing options...
Old guy Posted April 11, 2016 Share Posted April 11, 2016 Thank you Moytoy. Quote Link to comment Share on other sites More sharing options...
Pistol Posted April 14, 2016 Share Posted April 14, 2016 Tubby Smith to Memphis. Huge upgrade for Memphis. He leaves a better conference for a traditionally better program, which is an interesting move these days. Memphis isn't the greatest place, but it sure beats Lubbock. Quote Link to comment Share on other sites More sharing options...
dfwbills Posted April 14, 2016 Share Posted April 14, 2016 Pretty telling the TTU has lost their football coach (Tuberville to Cincy) and basketball coach to the AAC, not exactly a glowing endorsement for Lubbock. Rumors have the Big 12 looking to add either Memphis or Cincy to their conference in the coming years to help get their football a conf championship. Quote Link to comment Share on other sites More sharing options...
ACE Posted April 14, 2016 Share Posted April 14, 2016 Three years ago I was hoping we'd hire Tubby after he got fired by Minnesota, although I'm not sure how realistic that was during JC's interim season when he won the Coach of the Year award. Things obviously would have been much better for the program, but with lame duck Biondi still in charge, I don't think the time was right to make such a bold move. TTech was a real dumpster fire when Tubby took over and he turned them around quickly. Tubby is a nice upgrade over Pastner for Memphis. In fact, not sure why Georgia Tech wouldn't have just made a run for Tubby rather than going for boy wonder Pastner. Quote Link to comment Share on other sites More sharing options...
TheA_Bomb Posted April 14, 2016 Share Posted April 14, 2016 Pretty telling the TTU has lost their football coach (Tuberville to Cincy) and basketball coach to the AAC, not exactly a glowing endorsement for Lubbock. Rumors have the Big 12 looking to add either Memphis or Cincy to their conference in the coming years to help get their football a conf championship. NCAA authorized B12 a conference championship with 10 teams. Lubbock isn't so bad, I always had a decent time there but I don't want to love there. Home of Buddy Holly Quote Link to comment Share on other sites More sharing options...
White Pelican Posted April 14, 2016 Share Posted April 14, 2016 NCAA authorized B12 a conference championship with 10 teams. Lubbock isn't so bad, I always had a decent time there but I don't want to love there. Home of Buddy Holly Something wrong with the wimmen there? Quote Link to comment Share on other sites More sharing options...
Billiken Law Posted April 14, 2016 Share Posted April 14, 2016 Pretty telling the TTU has lost their football coach (Tuberville to Cincy) and basketball coach to the AAC, not exactly a glowing endorsement for Lubbock. Rumors have the Big 12 looking to add either Memphis or Cincy to their conference in the coming years to help get their football a conf championship. Those rumors usually permeate from the schools, not the conference. Cincy is spending a lot of money to lobby for Big 12 membership. Great move for both Memphis and Tubby. Quote Link to comment Share on other sites More sharing options...
dfwbills Posted April 14, 2016 Share Posted April 14, 2016 Lots of good looking ladies actually in Lubbock, just not an ideal place to live from my experience anyway. Not an easy place to recruit, as you are getting kids that Texas, OU, TAMU, Baylor and OkSt passed on. You are also in the middle of nowhere out there as well, not many major metro areas to recruit from and not much tradition to speak to. With Dixon now at TCU, TTU will likely be the bottom feeder of the Big12. Quote Link to comment Share on other sites More sharing options...
cheeseman Posted April 14, 2016 Share Posted April 14, 2016 Lots of good looking ladies actually in Lubbock, just not an ideal place to live from my experience anyway. Not an easy place to recruit, as you are getting kids that Texas, OU, TAMU, Baylor and OkSt passed on. You are also in the middle of nowhere out there as well, not many major metro areas to recruit from and not much tradition to speak to. With Dixon now at TCU, TTU will likely be the bottom feeder of the Big12. Bobby Knight found that out. Quote Link to comment Share on other sites More sharing options...
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