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Topic: Albin contract only requires payment through 2022

Topic: Albin contract only requires payment through 2022

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Ted Thompson
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Member Since: 11/11/2004
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Albin contract only requires payment through 2022

Posted: 9/17/2021 12:17:43 PM

See section 9.2

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OhioCatFan
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Location: Athens, OH
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RE: Albin contract only requires payment through 2022

Posted: 9/17/2021 12:18:50 PM

Ted Thompson wrote:

So what we would we owe if we bought him out now? Not sure how to read that.

The only BLSS Certified Hypocrite on BA

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Ted Thompson
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RE: Albin contract only requires payment through 2022

Posted: 9/17/2021 12:23:08 PM

OhioCatFan wrote:

Ted Thompson wrote:

So what we would we owe if we bought him out now? Not sure how to read that.

I read this to say that if we fire him without cause before December 31, 2022, then we owe him pay through 2022. After that, there are no liquidated damages.

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KyleWvr13
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RE: Albin contract only requires payment through 2022

Posted: 9/17/2021 12:24:50 PM

OhioCatFan wrote:

So what we would we owe if we bought him out now? Not sure how to read that.

if he was terminated today, you take his base salary ($535k) divided by 365 ($1,465), then multiply that by how many days until Dec 31 2022 (470) which gets you about $689k.

NOt a lot for sure, but a cash strapped athletics department will probably want to delay that as far as possible. A big expense like that all of a sudden can easily blow up a budget for the fiscal year.

Ted Thompson
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RE: Albin contract only requires payment through 2022

Posted: 9/17/2021 12:26:26 PM

KyleWvr13 wrote:

OhioCatFan wrote:

So what we would we owe if we bought him out now? Not sure how to read that.

Yes, but better than having to pay him 4 years.

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rpbobcat
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RE: Albin contract only requires payment through 2022

Posted: 9/17/2021 12:39:17 PM

Ted Thompson wrote:

I read this to say that if we fire him without cause before December 31, 2022, then we owe him pay through 2022. After that, there are no liquidated damages.

So, being incompetent as a Head Coach isn't "cause" ? :-)

IceCat76
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RE: Albin contract only requires payment through 2022

Posted: 9/17/2021 12:47:17 PM

This contract language makes it clear that Albin didn't want an "interim" title and negotiated away most of his security.

Cromer shows that she didn't plan on going all in on Albin. She gave him this season as a freebie because of the short notice and one more to show what "his" team could do.

This contract isn't so bad for the school after all is said and done.

Campus Flow
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RE: Albin contract only requires payment through 2022

Posted: 9/17/2021 1:07:09 PM

15 months of this. Hopefully he can go 4-8 the next two seasons, good enough for dismissal but not a complete sh#t show.

Expanded playoff for 2023 and bring in a higher profile assistant like Louisiana has done. Hopeful because the expanded BCS and CFP access Ohio has become more successful so expanded playoff should continue to help.

Most Memorable Bobcat Events Attended
2010 97-83 win over Georgetown in NCAA 1st round
2012 45-13 victory over ULM in the Independence Bowl
2015 34-3 drubbing of Miami @ Peden front of 25,086

Doc Bobcat
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RE: Albin contract only requires payment through 2022

Posted: 9/17/2021 1:09:03 PM

2.3

OU_Country
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RE: Albin contract only requires payment through 2022

Posted: 9/17/2021 1:10:06 PM

Club Hyatt wrote:

The phrases "Ohio Bobcat Football" and "expanded CFP", do they really go together?

Pataskala
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RE: Albin contract only requires payment through 2022

Posted: 9/17/2021 1:38:44 PM

rpbobcat wrote:

Ted Thompson wrote:

I read this to say that if we fire him without cause before December 31, 2022, then we owe him pay through 2022. After that, there are no liquidated damages.

So, being incompetent as a Head Coach isn't "cause" ? :-)

Not under the contract. It specifies only such things as morals, ethics, NCAA compliance, etc. But under Section 9.1.1.2, failure to comply with Section 5.1 ("To perform faithfully and conscientiously the duties as assigned by the Director") would be cause. That's why so many coaches aren't "fired" but instead are "reassigned." And if they're reassigned to some really crappy job, their agents usually negotiate a lesser buyout.

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We will get by.
We will get by.
We will survive.

A-townBound
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RE: Albin contract only requires payment through 2022

Posted: 9/17/2021 1:42:46 PM

Doc Bobcat wrote:

2.3

That is interesting

Bleed Green and GO OHIO!!

shabamon
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RE: Albin contract only requires payment through 2022

Posted: 9/17/2021 1:43:38 PM

Yeah FOIA!

Campus Flow
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RE: Albin contract only requires payment through 2022

Posted: 9/17/2021 1:51:31 PM

OU_Country wrote:

Club Hyatt wrote:

The phrases "Ohio Bobcat Football" and "expanded CFP", do they really go together?

Julie and Frank were talking about making Ohio Football one of the very best programs in the country and taking it further than what it has gone before. If this is the case you bring in a higher profile coach ASAP.

It doesn't seem realistic to me and on that point I agree.

Most Memorable Bobcat Events Attended
2010 97-83 win over Georgetown in NCAA 1st round
2012 45-13 victory over ULM in the Independence Bowl
2015 34-3 drubbing of Miami @ Peden front of 25,086

OU_Country
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RE: Albin contract only requires payment through 2022

Posted: 9/17/2021 2:28:54 PM

Club Hyatt wrote:

OU_Country wrote:

Club Hyatt wrote:

The phrases "Ohio Bobcat Football" and "expanded CFP", do they really go together?

Gotcha. I don't think it has been realistic in 5-6 years unfortunately. I do think it could be, given the right coaching staff that can actually recruit athletes with NFL potential. Ohio has had a few, but they need several at a time. And they need to be able to consistently recruit the QB position, something that hasn't happened here outside of Tettleton and Rourke 1.0.
On top of that, they'll have to do something about the stadium to be able to recruit better, or at least that's my assumption. All those reasons are why I posed the question initially, because all that takes money that Ohio Athletics reportedly doesn't have.

Personally, I think it's time for the MAC as a whole to strongly consider whether they can realistically keep up financially in the football arms race.

greencat
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RE: Albin contract only requires payment through 2022

Posted: 9/17/2021 2:57:50 PM

Will Healy. The coach at Charlotte.

Good chance he ends up with 9 or 10 wins at a mid that hasn't even had d-1 football very long. The upset over Duke probably got some attention. His only other head coaching stint was at FCS Austin Peay, a notorious NON-football place. Went from 0-11 to 8-4.

Here's the catch. He's already getting $750,000+/year.(?) But since he's 36 or 37 years old, spending to get him would have to be viewed as a long term investment. His current roster has FIFTY transfers, so he knows how to raid the portal. It's becoming clear how important that is.

Last Edited: 9/17/2021 3:02:54 PM by greencat

cc-cat
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RE: Albin contract only requires payment through 2022

Posted: 9/17/2021 3:05:04 PM

greencat wrote:

Will Healy. The coach at Charlotte.

Good chance he ends up with 9 or 10 wins at a mid that hasn't even had d-1 football very long. The upset over Duke probably got some attention. His only other head coaching stint was at FCS Austin Peay, a notorious NON-football place. Went from 0-11 to 8-4.

Here's the catch. He's already getting $500,000+/year.(?) But since he's 36 or 37 years old, spending to get him would have to be viewed as a long term investment. His current roster has FIFTY transfers, so he knows how to raid the portal. It's becoming clear how important that is.

Great choice. Great coach. Great salesman of the program. But do not see anyway he would leave Charlotte for Athens. He's building something here and has growing resources. Challenge is... who's the next Will Healy?

Bobcat Love's Sense of Shame
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RE: Albin contract only requires payment through 2022

Posted: 9/17/2021 3:19:38 PM

greencat wrote:

Charlotte is a better job.

cbus cat fan
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RE: Albin contract only requires payment through 2022

Posted: 9/17/2021 3:25:40 PM

Besides exasperating and depressing, the whole thing is sad. Coach Solich probably saw in Coach Albin a man much like himself, not flashy, a sort of Joe Friday, "Just the facts" kinda of guy. When his health emergency hit, it was the perfect timing to recommend his colleague whose connection goes all the way back to Nebraska. Coach Solich could sell the new AD that besides being a trusted lieutenant, Coach Albin was championship coach in the NAIA ranks. Besides Coach Albin was a familair face in the athletic office, a man who was here as long as Coach Solich.

However, I have to believe that somewhere along the lines, someone had doubts. I mean I have coached with a lot of people whom I liked and respected very much, but just can't see being a head coach. The same goes for teaching, I can think of some great teachers I have worked with through the years who would not be a great principal.

The fact of the matter is we are staring down a situation that is worse than anything from the Coach Knorr or Coach Bryant era. None of those coaches had this kind of talent and staff stability. The Bobcats were never ranked this high in a preseason poll in their tenure. This will not only have detrimental consequences on the football team, but quite possibly on the legacy of Coach Solich and the entire Athletic Department staff from the top down. The only thing we have to compare this to is basketball. The Coach Billy Hahn debacle ensued in the 1986-87 season when he took over from Coach Danny Nee. With two future NBA playerson the team, Coach Hahn's squad finished in the MAC basement, something I hope we don't replicate this year in football.

The new university President Hugh Sherman certainly doesn't need these kind of distractions as he attempts to right the ship from the disastrous Nellis tenure. This is a mess of our own making, the ramifications of which could be with us for some time to come.

Last Edited: 9/17/2021 3:30:32 PM by cbus cat fan

rpbobcat
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RE: Albin contract only requires payment through 2022

Posted: 9/17/2021 3:29:35 PM

Pataskala wrote:

And if they're reassigned to some really crappy job, their agents usually negotiate a lesser buyout.

Peden Stadium restroom monitor perhaps.

BobcatPride
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RE: Albin contract only requires payment through 2022

Posted: 9/17/2021 3:36:35 PM

Thank you Ted for posting this. All Bobcat football fans should read this to get a better understanding of the program's coaching situation.

I agree with some other views expressed in this thread. I now understand that the AD did NOT just commit blindly to four years under Coach Albin. Really, she only committed to a year and a half, which is very good from the university's perspective.

Clause 2.3 requires a re-evaluation of the program before the end of 2022. No money is guaranteed to Coach Albin after the 2022 calendar year per clause 9.2. With this knowledge, I think it is much harder to make the argument that the athletic department has done poorly in this situation.

Given the extreme short notice Coach Solich gave in relation to the start of summer training camp, it is my opinion that Albin was the only viable choice at the time. I think the AD has done a good job of structuring a contract which gives Albin a window of time to prove himself, but only a year and a half of financial commitment to him.

Today's recruits may rightly wonder of Albin will be there after 2022, especially if the team performs as it has so far in 2021, but I can live with that as an alternative to an unfavorable coaching contract.

Last Edited: 9/17/2021 3:39:39 PM by BobcatPride

rpbobcat
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RE: Albin contract only requires payment through 2022

Posted: 9/17/2021 3:36:52 PM

Club Hyatt wrote:

I believe Frank is supposed to be working with the A.D. as some type
assistant.

I wonder, if Albin doesn't work out, what happens to that ?

SBH
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RE: Albin contract only requires payment through 2022

Posted: 9/17/2021 3:51:00 PM

cbus cat fan wrote:

A frequent contributor to this board several years ago asked for and was granted the opportunity to sit in on a full week of game prep -- all of the meetings/practices, etc. -- with Frank & Co. He told me that he came away impressed with the professionalism and attention to detail of every member of the staff...with one exception. Guess who?

greencat
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RE: Albin contract only requires payment through 2022

Posted: 9/17/2021 5:07:42 PM

cc-cat wrote:

greencat wrote:

Will Healy. The coach at Charlotte.

Good chance he ends up with 9 or 10 wins at a mid that hasn't even had d-1 football very long. The upset over Duke probably got some attention. His only other head coaching stint was at FCS Austin Peay, a notorious NON-football place. Went from 0-11 to 8-4.

Here's the catch. He's already getting $500,000+/year.(?) But since he's 36 or 37 years old, spending to get him would have to be viewed as a long term investment. His current roster has FIFTY transfers, so he knows how to raid the portal. It's becoming clear how important that is.

Healy was an assistant at Chattanooga before he became the very young FCS coach at APSU. That might be the template to follow. Eddie George is a great guy but so far, the "wild hair - let's get a former star player who never coached before" thing, well, doesn't look so hot. I honestly can't say who the next Chadwell or Healy is going to be. Eddie probably ain't it.

Campus Flow
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RE: Albin contract only requires payment through 2022

Posted: 9/17/2021 6:34:49 PM

OU_Country wrote:

Club Hyatt wrote:

OU_Country wrote:

Club Hyatt wrote:

The phrases "Ohio Bobcat Football" and "expanded CFP", do they really go together?

That is what is so odd about all of this. I was Athens on gameday and the town was as vibrant as ever. Yet it hasn't moved the needle significantly in recruiting.

Frank and the athletic department are lying to us about what this program can achieve. Couldn't get naming rights for the field at Peden when tried. Ohio could compete in theory for a playoff spot as it does for a NYD bowl today which is worth something.

Most Memorable Bobcat Events Attended
2010 97-83 win over Georgetown in NCAA 1st round
2012 45-13 victory over ULM in the Independence Bowl
2015 34-3 drubbing of Miami @ Peden front of 25,086

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