Goodbye Dave Paulsen

[gmutom]

...and Pikapp is, now, officially back!

Now we just need him to donate some of the gun/bourbon money to Mason basketball.

 

[GMUgemini]

That is a good severance.

Not as good as Utah's coach who banked $10 million.

 

[Pikapppatri8]

Not as good as Utah's coach who banked $10 million.

Consider the league and level. It would be more fair to compare this severance to other A10 coaches.

 

[Pikapppatri8]

What DP saw when he walked into Brad's office on Tuesday.

 

[gmujim92]

Not as good as Utah's coach who banked $10 million.

Actually I think he “only” got $6.6M. Archie Miller got $10M to not coach at Indiana

 

[JPgmuswim]

What DP saw when he walked into Brad's office on Tuesday.

Actually what DP probably saw was Darrell Green for the 2nd time in his Mason career.

 

[GSII]

If Archie Miller get a new hc job does Indiana have to pay the 10mil?

 

[Pikapppatri8]

Actually what DP probably saw was Darrell Green for the 2nd time in his Mason career.

Well played. Well played.

 

[gmujim92]

If Archie Miller get a new hc job does Indiana have to pay the 10mil?

I’m sure they included offset language in his contract because that’s pretty standard, but don’t know for sure.

 

[Pablo]

I’m sure they included offset language in his contract because that’s pretty standard, but don’t know for sure.

https://www.thedailyhoosier.com/iu-...millers-buyout-would-be-tied-to-his-next-job/:

"Directly following the buyout clause in Miller’s contract is a mitigation clause. Under the terms of that section, Miller is required to seek out comparable employment upon termination, and Indiana’s buyout obligations to Miller shrink dollar-for-dollar for everything he earns during the remaining life of his IU contract, which ends on March 31, 2024. A comparable employment position includes employment as a head or assistant basketball coach, as well as media, athletic department, or similar athletics related roles.

It is important to also note that any buyout payment to Miller would not be made in a lump sum upon termination. The contract calls for monthly payments over the remaining life of the contract.

So a $10.35 million obligation would be an annual $3.45 million hit for the University before any mitigation. But again, any income earned by Miller during the next three years would be offset against that obligation. So if hypothetically, Miller returned to his home state and took the Penn State job at a $2 million per year rate, IU’s annual obligation would drop to $1.45 million per year, and $4.35 million in total. Still not an insignificant number, but obviously less than half of the headline number. Miller could obviously earn more — a salary like Crean’s $3.2 million at Georgia would nearly wipe out IU’s entire current obligation — and he could obviously earn less."

 

[GSII]

DP has made statement.

 

[mkaufman1]

DP is such a good dude. I wish this worked.

 

[Pikapppatri8]

DP has made statement.

Do we have a link?

 

[GMUgemini]

Do we have a link?

https://twitter.com/PaulsenDave/status/1372260283654287364

 

[Pikapppatri8]

https://twitter.com/PaulsenDave/status/1372260283654287364

Thanks. Nice statement on DPs part.

 

[The Great PATSby]

Do we have a link?

 

[gmubrian]

https://twitter.com/PaulsenDave/status/1372260283654287364

Classy statement form DP, as I would have expected. I like that he even noted that we didn't hit the goal of hanging another banner. In a way, he took some responsibility in the end.

I thought his statement was much better than that Women's coach statement that was posted that seemed to me to be saying "you should have kept me just because we did good things off court".

 

[GreenLantern]

He is a class act. I hoped he would match that on the court but it just doesn't always happen that way. Good luck in whatever he does in the future.

 

[Pikapppatri8]

Now we just need him to donate some of the gun/bourbon money to Mason basketball.

Crypto money baby -- crypto - been one hell of a ride.

 

[bravesfan]

Crypto money baby -- crypto - been one hell of a ride.

I may or may not be mining Ethereum as I type this...