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Ringo: CU Buffs officials face difficult decision on Jon Embree

Parting ways with Embree would mean paying off the final three years on his five-year deal as well as the final three years on offensive coordinator Eric Bieniemy's contract. That would cost $2.25 million.


That's what I was afraid of.
 
finally we see an article that mentions CU's brand and how it's being damaged... just how much $$ is being lost I'd like to know
 
This is the first time I've seen anything like this from the media
 
This pisses me off

Most Buffs' supporters came into this season knowing it likely wasn't going to end in a bowl game. They simply wanted to see improvement from their team and development of younger players over the course of the season and leadership from older players.


I guess I was dumb enough to think there was a good shot at a bowl game.
 
Ringo makes a lot of sense here. I feel that he was loosened on his chain a bit by the SID, which is an encouraging sign for regime change.

Three factions of fans, though? Really, I've only encountered one group, with rare exception.
 
I'd like a bit more clarification on the buyout.

Ringo's piece is significantly different from what the BDC reported when Embree was hired.

http://www.buffzone.com/ci_17461590

If CU fires Embree in 2011, he will be paid $750,000; $500,000 if terminated in 2012; and $250,000 if terminated in 2013. CU will give no money if he's fired in 2014 or 2015.


from the same article:

If CU fires Bieniemy in 2011, he will be paid $325,000; $250,000 if terminated in 2012; and $250,000 if terminated in 2013; $125,000 in 2014.



Either the BDC reporter who initially reported the contract didn't know what she was talking about when it came to the numbers for Embree/Bieniemy to be fired, or Ringo's numbers are wrong.
 
I'd like a bit more clarification on the buyout.

Ringo's piece is significantly different from what the BDC reported when Embree was hired.

http://www.buffzone.com/ci_17461590


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from the same article:


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Either the BDC reporter who initially reported the contract didn't know what she was talking about when it came to the numbers for Embree/Bieniemy to be fired, or Ringo's numbers are wrong.

Ringo got told what the # was by his source/Bohn. No way he did the math independently. Wonder why Bohn is having him float inflated #s? I'm guessing the 2.5 mil # is to see what kind of backlash he gets.
 
I'd like a bit more clarification on the buyout.

Ringo's piece is significantly different from what the BDC reported when Embree was hired.

http://www.buffzone.com/ci_17461590


[/FONT][/COLOR]
from the same article:


[/FONT][/COLOR]

Either the BDC reporter who initially reported the contract didn't know what she was talking about when it came to the numbers for Embree/Bieniemy to be fired, or Ringo's numbers are wrong.

You're gonna be shocked when you see Marshall's buyout...
 
The numbers quoted in Ringo's article just do not seem right at all. I have never heard coaching contracts with numbers like those, especially with guys that will be working other jobs going forward.
 
$2.25M over the next 3 years? That is a no brainer.

5k more tickets sold each game for the new coach * 6 games @ $50 each = $1.5M/year and $4.5M over 3 years. Consider it done!
 
I don't get where the 2.25 is coming from? We've seen numerous times that if we fired him and EB, it'd cost $750k this year. 500k next year. etc. Is this including the entire coaching staff or something?
 
Ringo got told what the # was by his source/Bohn. No way he did the math independently. Wonder why Bohn is having him float inflated #s? I'm guessing the 2.5 mil # is to see what kind of backlash he gets.


There was an interesting comment on Terry Frei's recent D3E fluff piece, by a poster named "Bud". I have no information to back his comments up, but it is interesting that he floated out the same $$ to get rid of Embree 5 days ago, and Ringo's piece with the $2.5 mm figure is just coming out now.

The buyout for Embree and Beihenemy is just south of $2.5M, which has been raised by boosters, and during the Stanford game (the one where Bohn went down with two minutes left and was seen talking to Embree, the one where his offense generated a total of 79 yards, the one where the Buffs were beaten at home 48-0) it was conveyed to Bohn the money is there to rid CU of this guy they call a coach.

Read more:Frei: CU Buffs coach Embree must ignore emotion on job decisions - The Denver Posthttp://www.denverpost.com/frei/ci_2...-buffs-coach-embree-must-ignore#ixzz2CjTMysvm
Read The Denver Post's Terms of Use of its content: http://www.denverpost.com/termsofuse
 
I don't see how $2.25MM is accurate based on what we know of the contract.
 
Eh, there may be hidden costs we don't know about, but it's hard to think of there bein g an extra million plus of them.
 
As I posted in Barzil a few days ago - I think the young lady who initially covered the contracts didn't understand what a "buyout" means.

Buyout =/= early termination fee
 
As I posted in Barzil a few days ago - I think the young lady who initially covered the contracts didn't understand what a "buyout" means.

Buyout =/= early termination fee

Maybe not, but having followed how these things generally play out, I cannot recall a situation where a coach gets paid out the rest of his contract. Plus if fired, I highly doubt EB and JE just give up coaching.
 
I'll entertain the idea that Ringo is correct in his figures, and the cost to get rid of BOTH Embree and Bieniemy is $2.5 million.

I had spent the entire year thinking it was only $750,000 to get rid of them both - so now we're talking only $1.5 million more. (i.e. not very much) Given the losses that the Buffs will see with lack of season ticket renewals, and "loss of brand" as Ringo calls it - I would think $1.5 million would not be that much.
 
It is good to see that the possibility is being floated finally. The Admin must be coming to the realization that the damage is going to be significant if a change is not made and they are putting out some fliers to see what the reaction would be. Rings and 247 in the apsame afternoon, we definitely seeing trial balloons being floated about.
 
I'll entertain the idea that Ringo is correct in his figures, and the cost to get rid of BOTH Embree and Bieniemy is $2.5 million.

I had spent the entire year thinking it was only $750,000 to get rid of them both - so now we're talking only $1.5 million more. (i.e. not very much) Given the losses that the Buffs will see with lack of season ticket renewals, and "loss of brand" as Ringo calls it - I would think $1.5 million would not be that much.

Is it possible the buyout is $750k for Embree and Bieniemy and a total of $1.5 million for the rest of the staff (Brown, Marshall, Kennedy, Cabral, McGhee, Scherer, Brookhart, Tui, maybe even Blacken)? I thought I remembered that at least Tui's contract was up after this year (and maybe Scherer?)? I wouldn't think all those guys would have buyouts that would add up to that much, but it might be a theory of where the different numbers are coming from?
 
Is it possible the buyout is $750k for Embree and Bieniemy and a total of $1.5 million for the rest of the staff (Brown, Marshall, Kennedy, Cabral, McGhee, Scherer, Brookhart, Tui, maybe even Blacken)? I thought I remembered that at least Tui's contract was up after this year (and maybe Scherer?)? I wouldn't think all those guys would have buyouts that would add up to that much, but it might be a theory of where the different numbers are coming from?


The only people on multiyear contracts are Embree and Bieniemy. So it wouldn't cost anything more to fire every other staffer. (Nothing more than what was already budgeted for salary for the 2012/2013 fiscal calendar year, I mean.)
 
Is it possible the buyout is $750k for Embree and Bieniemy and a total of $1.5 million for the rest of the staff (Brown, Marshall, Kennedy, Cabral, McGhee, Scherer, Brookhart, Tui, maybe even Blacken)? I thought I remembered that at least Tui's contract was up after this year (and maybe Scherer?)? I wouldn't think all those guys would have buyouts that would add up to that much, but it might be a theory of where the different numbers are coming from?

Shouldn't they all be up after the year since we're on a year-to-year thing? Unless they're trying to count as paying them for this year into the total to boost up the cost..
 
The only people on multiyear contracts are Embree and Bieniemy. So it wouldn't cost anything more to fire every other staffer. (Nothing more than what was already budgeted for salary for the 2012/2013 fiscal calendar year, I mean.)

I think we gave out more than that for this staff. Not sure. I can ask someone and find out.
 
Someone posted a really good comment on the article. That guy is smart
 
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