better question concerning money is the cost associated with firing his butt and paying the ret of the contract plus hiring another coach at the market rate versus the cost of letting him coach next year or just giving him what he wants.
...unless Tech's lawyers think refusing to sign an extension to a contract is cause for terminating an existing contract, in which case I suggest never hiring a lawyer that went to Texas Tech law school.
Yosetime Sam Shooting Self in Foot?
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by Dooby » Thu Feb 19, 2009 4:35 pm
At no point in your rambling, incoherent response were you even close to anything that could be considered a rational thought. Everyone in this room is now dumber for having listened to it. I award you no points, and may God have mercy on your soul.
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by CalallenStang » Thu Feb 19, 2009 4:49 pm
Texas Tech, Mike Leach finally agree to contract extension
1:45 PM Thu, Feb 19, 2009 | Permalink | Yahoo! Buzz
Brandon George E-mail News tips
Texas Tech and football coach Mike Leach have finally agreed to a contract extension after more than 10 months of negotiations that will keep him at the school through 2013, a source with knowledge of the talks told The Dallas Morning News on Thursday.
Leach met with Tech chancellor Kent Hance for almost three hours early Thursday afternoon and the two sides have agreed to Tech's $12.7 million offer that will extend Leach's current two-year deal three more seasons. The contract hasn't been signed but that could take place as early as Friday, the source said.
Tech athletic director Gerald Myers and Leach's IMG agents, Gary O'Hagan and Matt Baldwin, didn't attend the meeting between only Leach and Hance, the source said. Leach and Hance could not immediately be reached for comment.
Leach and Hance hashed out the sticking points earlier today involving four clauses that Tech inserted into its latest offer Jan. 9 that wrecked previous progress. The four clauses involved the guaranteed termination compensation Leach would receive if fired, the buyout amount he would pay if he left early, a penalty for interviewing for another job without permission and who controlled Leach's personal property rights. Details weren't immediately available as to how those four issues were resolved.
The convoluted and sometimes heated contract negotiations first became public after The Dallas Morning News filed an open records request in mid-January asking for documents involving talks between the two parties. On Wednesday, the drama played out nationally as Leach talked to everyone from ESPN to a local radio station.
Tech had set a Tuesday deadline for Leach to agree to its terms, but no deal was signed. A few hours before Tuesday's 5 p.m. deadline, Tech's Board of Regents called a "special teleconference meeting" for Friday in which regents were to discuss Leach's contract status and future with the school. Earlier Tuesday, about 40 people showed up outside the football offices for a rally on Leach's behalf.
On Wednesday, Leach formally requested that the regents meeting be open and for him to have the chance to speak. But that won't be necessary after an almost yearlong standoff has ended with Leach able to keep his job following a 2008 season in which he led the Red Raiders to one of the best seasons in school history.
Leach, who just completed his ninth season, is seven wins shy of becoming the school's all-time winningest football coach.
1:45 PM Thu, Feb 19, 2009 | Permalink | Yahoo! Buzz
Brandon George E-mail News tips
Texas Tech and football coach Mike Leach have finally agreed to a contract extension after more than 10 months of negotiations that will keep him at the school through 2013, a source with knowledge of the talks told The Dallas Morning News on Thursday.
Leach met with Tech chancellor Kent Hance for almost three hours early Thursday afternoon and the two sides have agreed to Tech's $12.7 million offer that will extend Leach's current two-year deal three more seasons. The contract hasn't been signed but that could take place as early as Friday, the source said.
Tech athletic director Gerald Myers and Leach's IMG agents, Gary O'Hagan and Matt Baldwin, didn't attend the meeting between only Leach and Hance, the source said. Leach and Hance could not immediately be reached for comment.
Leach and Hance hashed out the sticking points earlier today involving four clauses that Tech inserted into its latest offer Jan. 9 that wrecked previous progress. The four clauses involved the guaranteed termination compensation Leach would receive if fired, the buyout amount he would pay if he left early, a penalty for interviewing for another job without permission and who controlled Leach's personal property rights. Details weren't immediately available as to how those four issues were resolved.
The convoluted and sometimes heated contract negotiations first became public after The Dallas Morning News filed an open records request in mid-January asking for documents involving talks between the two parties. On Wednesday, the drama played out nationally as Leach talked to everyone from ESPN to a local radio station.
Tech had set a Tuesday deadline for Leach to agree to its terms, but no deal was signed. A few hours before Tuesday's 5 p.m. deadline, Tech's Board of Regents called a "special teleconference meeting" for Friday in which regents were to discuss Leach's contract status and future with the school. Earlier Tuesday, about 40 people showed up outside the football offices for a rally on Leach's behalf.
On Wednesday, Leach formally requested that the regents meeting be open and for him to have the chance to speak. But that won't be necessary after an almost yearlong standoff has ended with Leach able to keep his job following a 2008 season in which he led the Red Raiders to one of the best seasons in school history.
Leach, who just completed his ninth season, is seven wins shy of becoming the school's all-time winningest football coach.
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by PoconoPony » Thu Feb 19, 2009 5:13 pm
Even though Leach has his contract, I believe that there will be a lot of continued resentment and the loss of trust that has been generated between Leach and the AD/TT officials will continue and will be stormy. It will be interesting to see how this plays out in the future.
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by lwjr » Thu Feb 19, 2009 5:24 pm
PoconoPony wrote:Even though Leach has his contract, I believe that there will be a lot of continued resentment and the loss of trust that has been generated between Leach and the AD/TT officials will continue and will be stormy. It will be interesting to see how this plays out in the future.
There is some truth to that statement. Gerald Myers is the one feeling the most heat from all of this. Alot of folks want him gone.
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by Charleston Pony » Thu Feb 19, 2009 8:44 pm
Leach is an odd duck, plain and simple. He belongs at Tech and I think he knows he has a good situation there. Large egos clash at times. His biggest challenge is the "raised expectations" that he basically has created. Best not to have a mega contract to have to live up to. Up until last year, they were happy with playing a weak non-conference schedule, getting their 8 wins and playing in a bowl game. Flirting with a national championship will make things more difficult if they fall back to 7-5 and 8-4 seasons. Leach will really feel the heat if they eventually lose to SMU
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