Bobcat Attack - Ohio Basketball - KSU Sues Geno for full $1.2 million buyout

Ohio Basketball Topic

Topic: KSU Sues Geno for full $1.2 million buyout

Page: 1 of 2

anorris

General User

Member Since: 7/6/2010

Location: Bristol, CT

Post Count: 2,262

mail

anorris

mail

Posted: 5/11/2011 10:25 PM

Per Ravenna Record-Courier writer David Carducci.

http://twitter.com/#!/CarducciKSU/status/68482937254985728

JSF

General User

Member Since: 1/29/2005

Location: Houston, TX

Post Count: 6,599

mail

JSF

mail

Posted: 5/12/2011 8:55 AM

http://www.recordpub.net/news/article/5033304

"Loyalty to a hometown or city is fleeting and interchangeable, but college is a stamp of identity."- Kyle Whelliston, One Beautiful Season.

My blog about depression and mental illness: https://bit.ly/3buGXH8

bigtillyoopsupsideurhead

General User

Member Since: 12/1/2006

Location: Cincinnati

Post Count: 1,926

mail

bigtillyoopsupsideurhead

mail

Posted: 5/12/2011 10:41 AM

JSF wrote:expand_more

http://www.recordpub.net/news/article/5033304

My eyes. Has that website never heard of paragraphs?

OUVan

General User

Member Since: 12/20/2004

Location: Bethesda, MD

Post Count: 5,580

mail

OUVan

mail

Posted: 5/12/2011 12:45 PM

Good luck getting any good up-and-coming coach to sign on with Kent after this.

Bobcat Love

General User

Member Since: 12/20/2004

Post Count: 1,193

mail

Bobcat Love

mail

Posted: 5/12/2011 1:53 PM

If you aren't going to enforce the terms of the buyout, why even put it in the contract?

I'm not taking an anti-Geno stance here, but if you sign on the dotted line of the contract for a buyout, then you should have to pay the buyout if you leave.

If Bradley signs a deal to pay him $750k and decides not to pay him, you can bet your ass Geno's going to sue them for not sticking to the terms of the contract.

This is really a pretty open and shut case in my view. Geno owes Bradley $1.2 million. Tough pill to swallow, but he works the first couple years at Bradley for free.

Doc Bobcat

General User

Member Since: 12/20/2004

Post Count: 4,437

mail

Doc Bobcat

mail

Posted: 5/12/2011 2:18 PM

Love Geno....Love apparently doesn't.

Tell me however how Bradley is a step up from Can't?

Bobcat Love

General User

Member Since: 12/20/2004

Post Count: 1,193

mail

Bobcat Love

mail

Posted: 5/12/2011 2:34 PM

It's about 400,000 steps up....

giacomo

General User

Member Since: 11/20/2007

Post Count: 2,801

mail

giacomo

mail

Posted: 5/12/2011 4:16 PM

Love is right on the money. It's cut and dried. If Geno has an advisor, the first thing you talk about is the buyout. " Hey Geno, 1.2 is a lot scratch. Is Bradley going to make you whole or are you willing to eat it?" Case closed. Maybe the deal is really for 500k and the other 250 is for the buyout.

BobcatGman

General User

Member Since: 7/7/2010

Location: Albany, OH

Post Count: 252

mail

BobcatGman

mail

Posted: 5/12/2011 6:00 PM

If you wanna dance to the tune, you have to pay the fiddler.

-------------------------------------------------------------------------------------------------------

Dennis "Gman" "DON'T FLINCH"

BattleCat

General User

Member Since: 11/20/2007

Post Count: 312

mail

BattleCat

mail

Posted: 5/12/2011 11:04 PM

NCAA problem across the board, just rarely enforced. WVU did it with Rich Rod, and that is one of the first publicized cases I can remember.

You are correct, this could have repercussions on Kents end as well, when it comes to new coaches and contracts.

BattleCat

General User

Member Since: 11/20/2007

Post Count: 312

mail

BattleCat

mail

Posted: 5/12/2011 11:04 PM

Doc Bobcat wrote:expand_more

Love Geno....Love apparently doesn't.

Tell me however how Bradley is a step up from Can't?

Ya serious?

OhioCatFan

General User

Member Since: 12/20/2004

Location: Athens, OH

Post Count: 15,977

mail

OhioCatFan

mail

Posted: 5/13/2011 12:29 AM

BL is right. Geno must pay. I really don't see any repercussions down the road for Kent. Golly, all they are doing is enforcing part of Geno's contract. I think Kent is totally in the right here, and -- unlike BL -- I've been a big Geno fan in the past. He actually went to our church during part of his stay in Athens, and my wife had him as a student. But, he seems to be very confused here about this obligations.

The only BLSS Certified Hypocrite on BA

"It is better to be an optimist and be proven a fool than to be a pessimist and be proven right."

Note: My avatar is the national colors of the 78th Ohio Veteran Volunteer Infantry, which are now preserved in a climate controlled vault at the Ohio History Connection. Learn more about the old 78th at: http://www.78ohio.org

Bobcatbob

General User

Member Since: 12/21/2004

Location: Coolville, OH

Post Count: 1,353

mail

Bobcatbob

mail

Posted: 5/13/2011 8:22 AM

Put yourself in the place of the KSU AD and boosters. Those athletic dept dollars are hard to come by. I'd be all over Jim Schauss if he didn't go after a coach who blew Ohio off to the tune of $1.2 MM. Sorry, Geno. I hope your attorney has GREAT negotation skills.

SBH

General User

SBH

Member Since: 12/20/2004

Post Count: 4,752

SBH

mail

SBH

mail

Posted: 5/13/2011 8:27 AM

I've heard that KSU's AD is almost at the Tom Boeh level of dickiness and that Geno found it very difficult to work for him. Guessing he made an emotional decision to bail as soon as he could - just can't believe he didn't negotiate the buyout into his new deal with Bradley.

BattleCat

General User

Member Since: 11/20/2007

Post Count: 312

mail

BattleCat

mail

Posted: 5/13/2011 9:16 AM

Kent is right here and they should collect, the repercussions come when they try and land the next hotshot, or sign them to a long term deal with such a buyout, that person may balk. Contracts for years have had these clauses however schools have failed to enforce them as the rule.

Andrew Ruck

General User

Member Since: 12/22/2004

Location: Columbus, OH

Post Count: 5,717

mail

Andrew Ruck

mail

Posted: 5/13/2011 10:06 AM

It amazes me how much people ignore terms of contracts in this country. He should've been up front about it and negotiated a settlement right off the bat, perhaps negotiating with Bradley to pay some or all of the compromised amount. I have no problems with Kent going after it...I would be pissed if someone walked about from a 1.2 mil contractual obligation to Ohio athletics and would be upset if the department didn't go after it.

I don't buy that it will hurt Kent's future coaching searches. "Gee I like the program and the fit, I'd totally take the job if it wasn't for them actually being serious about their buyouts, so I'm walking." Don't see that happening.

Andrew Ruck
B.B.A. 2003

Ted Thompson

Administrator

Member Since: 11/11/2004

Location: MAC Play

Post Count: 8,025

mail

Ted Thompson

mail

Posted: 5/13/2011 10:25 AM

I agree this will have no long-term impact on KSU coaching hires. It will probably by forgotten by the time that Senderoff moves on. Now, candidates might be a bit more careful in agreeing to buyout clauses. But, of course, Kent St. could always use part of the $1.2M to make them feel more comfortable.

As fas as negotiating the buyout amount, once Geno decided to leave did he really have any leverage? Why would KSU agree to an amount less than the $1.2M in that situation? Further, did he he even have any leverage before taking the job? Why would KSU be interested in a negotiated buyout amount?

Follow Ohio Football recruiting on the BobcatAttack.com football recruiting database.

OUVan

General User

Member Since: 12/20/2004

Location: Bethesda, MD

Post Count: 5,580

mail

OUVan

mail

Posted: 5/13/2011 3:21 PM

This will teach me to comment without reading the article. DOH

Ohio69

General User

O69

Member Since: 12/20/2004

Post Count: 3,134

O69

mail

Ohio69

mail

Posted: 5/16/2011 10:14 AM

Hard to feel bad for college coaches these days. Geno needs to fire his agent, that's for sure.

Can somebody hit a pull up jumper for me?.....

bornacatfan

General User

Member Since: 8/3/2006

Post Count: 5,752

mail

bornacatfan

mail

Posted: 5/16/2011 11:42 AM

Couple of interesting things in this thread.

No one has commented on our current buy out status.

Bradley is most definitely a step up.....COnference affiliation is way superior. It is a Basketball school with no Football competition. CHicago recrutiing has been very strong at Bradley. COaching has been poor for many years so hopefully he can parlay this one into the job he wants though I believe Bradley is a destination above GOnzaga and Butler as far as a coaching stop. For some it is the perfect set up. There are very few Valley schools without name recognition which helps with scheduling and national legitimacy.

Geno needs to man up and Bradley should have been apprised of that Buy in the same way Michigan knew about Rodriguez' obligations were part of the negotiations with W Va

never argue with idiots, they bring you down to their level and beat you with experience.

Winter comes and asks how you spent your summer.....

The game loves and rewards those who love and reward the game

OUVan

General User

Member Since: 12/20/2004

Location: Bethesda, MD

Post Count: 5,580

mail

OUVan

mail

Posted: 5/16/2011 3:56 PM

Ohio69 wrote:expand_more

Hard to feel bad for college coaches these days. Geno needs to fire his agent, that's for sure.

No kidding. That's an awful buyout clause. Good for Kent, bad for him.

OUVan

General User

Member Since: 12/20/2004

Location: Bethesda, MD

Post Count: 5,580

mail

OUVan

mail

Posted: 5/16/2011 4:16 PM

Recordpub wrote:expand_more

http://www.recordpub.net/news/article/5033304

Players on the KSU basketball team were upset they learned about Ford’s departure via a press release on Bradley University’s website, rather than in person from their coach.
“It’s not that he left,” KSU forward Justin Greene said previously. “I know this is a business. It’s how he left. You couldn’t tell us?”

Just noticed this part of the article. That's pretty weak on Geno's part.

Andrew Ruck

General User

Member Since: 12/22/2004

Location: Columbus, OH

Post Count: 5,717

mail

Andrew Ruck

mail

Posted: 5/16/2011 4:32 PM

Ted - Lots of reasons...Legal fees, potentially not collecting (as has happenned in the past), secretely not caring for the current coach much anyway, avoiding PR issues of suing former coach, just wanting to move on to the next phase in the program, etc. Had Geno been upfront about Bradley before accepting, I am sure a compromised amount could've been agreed upon.

Andrew Ruck
B.B.A. 2003

anorris

General User

Member Since: 7/6/2010

Location: Bristol, CT

Post Count: 2,262

mail

anorris

mail

Posted: 5/17/2011 9:35 AM

Interesting discussion since I posted this rumor.

My two cents: Geno's move makes sense to me, as I think the ceiling as far as institutional support is higher at Bradley, and basketball is the game out there. MVC is a clear-cut better league than the MAC at this point.

The comment about him finding a new agent is probably spot on, and it probably should've been negotiated.

Kent State in my mind has every right and reason to go after the full amount, and should they get it, it would make a nice little nest egg for raises in the coaching staff there.