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[QUOTE="Waltdods, post: 2544189, member: 2932"]
This is a good excuse for these buyouts but I don’t buy for a second that the school gets nearly as much as the coach does from these provisions.

First, I doubt the coach buyouts really dissuade many suitors.

Second, in part they don’t dissuade people because as a practical matter the schools’ leverage if a coach wants to leave is never going to be great. Coach says “I got this job I want to take. I’ll agree to a buyout at a 50 percent haircut. Or I’ll stick around and make us both miserable.”

Third, in contrast the leverage for a fired coach is surprisingly high - they don’t have much to lose by holding the line on the buyout.

Fourth, if you accept that the buyouts don’t have a major disincentive effect on coaches thinking of leaving, then you have to ask what is the school really getting out of it - and at most it’s a couple million bucks that won’t materially change anything in the scheme of things. In contrast, the coach is getting an awful lot - major downside protection when things go wrong. It shouldn’t be an equal trade.

Fifth, the buyouts force schools into unseemly litigation that is almost all downside.
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