Indiana University and Football Coach Curt Cignetti Agree to New Eight-Year Contract Through 2033

[Brass Cannon 26,189]

2 hours ago, LIHoosier said:

I think they were intentionally trying to post a freezing cold take and ended up starting a bonfire.

No I know but they are still a broken clock 

[BeerBQ 301]

2 hours ago, tyappleg said:

I found the article. It was written by Vibbs, who is from Indiana.  While the title is definitely just to grab clicks, the actual article did call it a great hire and exactly what IU needed.  

Vibbs is one of the only people at Barstool I have any interest in. He seems to embrace being the villain (mostly with the Pacers) in NYC. 

[DChoosier 10,331]

16 hours ago, Hovadipo said:

Cig’s $15mil buyout to leave is 3 times that of Kirby Smart, per Osterman. 

I realize it’s “just how it’s done” but I find the buyouts interesting/one sided in that when  coaches get fired they receive all the money they were contractually guaranteed (for doing a bad job) but if they leave for a competitor they only have to cough up 2-20% of the value of the contract. Pretty good deal/situation.

[Hovadipo 63,071]

12 minutes ago, DChoosier said:

I realize it’s “just how it’s done” but I find the buyouts interesting/one sided in that when  coaches get fired they receive all the money they were contractually guaranteed (for doing a bad job) but if they leave for a competitor they only have to cough up 2-20% of the value of the contract. Pretty good deal/situation.

I've always been surprised that the guys who are clearly on their way up the ladder at the small schools don't have outrageous buyouts to leave. Those schools are who needs it. Some of these P4 schools are making 10-15million selling hot dogs each year.

[Brass Cannon 26,189]

34 minutes ago, Hovadipo said:

I've always been surprised that the guys who are clearly on their way up the ladder at the small schools don't have outrageous buyouts to leave. Those schools are who needs it. Some of these P4 schools are making 10-15million selling hot dogs each year.

My guess is the coaches wouldn’t sign the contracts with outrageous buyouts for them to leave. They get a say as well

[Hovadipo 63,071]

8 minutes ago, Brass Cannon said:

My guess is the coaches wouldn’t sign the contracts with outrageous buyouts for them to leave. They get a say as well

The hiring school pretty much always pays the buyout, even though it's tied to the coach. We paid 1.2 for Cig and I'm willing to bet a $5million buyout, for example, won't stop a P4 school from trying to re-create that magic. Not to mention the windfall it'd be for the G6 school that's happy to get paid 20% of that or less to play a P4.

Coaching contracts have completely jumped the shark in all ways, but this is just another example of "it's that way because that's the way it is" imo.

[Lebowski 4,135]

19 hours ago, Stuhoo said:

Where is @Lebowski?

The dude must be abiding through the muthafreakin roof!

Yeah man, I've been taking it easy for all you sinners out there. Cloud freaking nine!

[Brass Cannon 26,189]

19 minutes ago, Hovadipo said:

The hiring school pretty much always pays the buyout, even though it's tied to the coach. We paid 1.2 for Cig and I'm willing to bet a $5million buyout, for example, won't stop a P4 school from trying to re-create that magic. Not to mention the windfall it'd be for the G6 school that's happy to get paid 20% of that or less to play a P4.

Coaching contracts have completely jumped the shark in all ways, but this is just another example of "it's that way because that's the way it is" imo.

I know the hiring school pays it but a coach isn’t going to sign a contract that makes it unlikely he gets a promotion 

[Hovadipo 63,071]

18 minutes ago, Brass Cannon said:

I know the hiring school pays it but a coach isn’t going to sign a contract that makes it unlikely he gets a promotion 

And my opinion is that a hefty buyout won’t make it unlikely for a coach that’s clearly on his way up the ladder to get a promotion. 

[str8baller 7,992]

2 hours ago, DChoosier said:

I realize it’s “just how it’s done” but I find the buyouts interesting/one sided in that when  coaches get fired they receive all the money they were contractually guaranteed (for doing a bad job) but if they leave for a competitor they only have to cough up 2-20% of the value of the contract. Pretty good deal/situation.

 

1 hour ago, Brass Cannon said:

My guess is the coaches wouldn’t sign the contracts with outrageous buyouts for them to leave. They get a say as well

I believe in negotiations they call that “leverage.” 

[Brass Cannon 26,189]

41 minutes ago, Hovadipo said:

And my opinion is that a hefty buyout won’t make it unlikely for a coach that’s clearly on his way up the ladder to get a promotion. 

Wouldn’t make it impossible but could certainly reduce options. 

[Ryno6284 4,486]

Cig said he planned on Indiana being his last stop! The man’s word is truth! Man, this ride has been a blast and I don’t want it to end!

[Hovadipo 63,071]

If true, 1) LOL suck it PSU 2) as we all know, we are LOADED.

[Brass Cannon 26,189]

1 minute ago, Hovadipo said:

If true, 1) LOL suck it PSU 2) as we all know, we are LOADED.

To be fair we don’t have a 75 million plus buyout package to pay for. 

[Hovadipo 63,071]

3 minutes ago, Brass Cannon said:

To be fair we don’t have a 75 million plus buyout package to pay for. 

With the offset and duty to mitigate language, Franklin's buyout won't get anywhere near the advertised $50 million even if he goes and does TV for a year. Buyouts are the boogey man. Way scarier before the details are revealed.

[jmsgws 2,199]

So many mixed feelings about this.  One one hand I am absolutely stocked that we have him locked up for the next year, and we can go back to wondering if we will go undefeated, and finally win a B1G championship and MORE!!!

On the other hand:  Dang we have been burned by this in the past, and it still stings when I think about it.  I also hate the fact that we will be dealing with this every single year, because this man appears to have set himself up to be the BEST coach in college football, and that means every single year someone is going to try and steal him away.  :) 

[tyappleg 8,385]

51 minutes ago, Hovadipo said:

With the offset and duty to mitigate language, Franklin's buyout won't get anywhere near the advertised $50 million even if he goes and does TV for a year. Buyouts are the boogey man. Way scarier before the details are revealed.

Unless you're Kentucky apparently.  The Stoops buyout would need to be paid out in full (75% of remaining contract) within 60 days of firing. 

[Old Friend 8,762]

22 hours ago, Home Jersey said:

He's not a scapegoat. He's a punchline, because he's made himself a laughing stock with his tired shtick, lol. I don't think he's a villain. He's not that consequential. I think he's just a rage baiting hack and find that worthy of derision. Just one guy's opinion. 

Agree, this contract was a no brainer and good for everybody. Future is bright for IUFB.

One man's opinion...They don't give punchlines national shows on networks growing like Outkick.  It's currently ranked 19th of 350+ national sports entities.  Let alone give them morning shows.   Laughing stock to who?  His show on Outkick got 34 million views in January of this year and it's growing.   Seems pretty consequential to me if you remove......vvvvvvvvvv

I get the political angle.  His network was purchased by Fox.  If you look at things through a political prism

[Home Jersey 17,207]

20 minutes ago, Old Friend said:

One man's opinion...They don't give punchlines national shows on networks growing like Outkick.  It's currently ranked 19th of 350+ national sports entities.  Let alone give them morning shows.   Laughing stock to who?  His show on Outkick got 34 million views in January of this year and it's growing.   Seems pretty consequential to me if you remove......vvvvvvvvvv

I get the political angle.  His network was purchased by Fox.  If you look at things through a political prism

You quoted a post that was using him literally as a punchline/laughing stock haha. You asked why he became a villain and a scapegoat to much of the fanbase. You'd be sadly mistaken to suggest disliking Dakich has anything to do with politics, and very much barking up the wrong tree to assume I'd take issue with Fox of all organizations lol. Can't it be as simple as his style of commentary drives engagement... and a lot of the engagement is negative because people just don't like the guy, or what he says, or how he says it, or some combination of it all? Any plenty of people like him too. Just my $0.02 and happy to leave it at that.

To stay semi on topic... A decade of Cig... feels like the start of a new golden era for IU athletics! We can all enjoy that. 

[Hovadipo 63,071]

31 minutes ago, tyappleg said:

Unless you're Kentucky apparently.  The Stoops buyout would need to be paid out in full (75% of remaining contract) within 60 days of firing. 

That is gross. If I’m not mistaken Allen’s was similar if not the same, and was negotiated down a decent amount.