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TRIBE ATHLETICS DONORS
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wmmii Offline
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Post: #41
RE: TRIBE ATHLETICS DONORS
Well we now know from the Daily Press that Shaver's agent states Huge owes Shaver a buyout of $1,700,000 as his contract went thru the 2023-2024 season!

Hard to understand how we could not find enough funds to pay for the team to attend summer school for each semester and program worked with a shoestring budget and we now will magically find $1,700,000 to fund his buyout. Hope the Tribe Club makes sure no private funds are used to fund this as I know my contributions were never intended for this purpose.
(This post was last modified: 03-14-2019 08:49 AM by wmmii.)
03-14-2019 08:36 AM
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wmmii Offline
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Post: #42
RE: TRIBE ATHLETICS DONORS
(03-13-2019 07:52 PM)wml33t Wrote:  
(03-13-2019 07:41 PM)mrjoolius Wrote:  I agree that it would have been nice to give him till after next season. Problem was, I believe his contract was up and Huge had different ideas on the direction of the staff. Shaver wasn't going to sign a 1 year deal and W&M isn't going to pay out the remaining contract to a coach they let go.


If his contract was up (and now that you mention it, the release is worded like it was) it certainly makes at least a bit more sense.


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Daily Press today revealed his contract was thru 2023-2024 season. He gets 1.7M buyout according to his agent.
(This post was last modified: 03-14-2019 08:47 AM by wmmii.)
03-14-2019 08:37 AM
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ColonelEbirt Offline
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Post: #43
TRIBE ATHLETICS DONORS
For all speculating about how we could possibly have money to pay the buyout but still need money for summer school etc, is it possible that because it’s an HR / employee cost, it comes from different coffers? I truly don’t know, but I wouldn’t assume that the news of his buyout implies for certain that we were sitting on $1.7M that Huge was irresponsibly choosing not to spend on practice facilities, summer school, gameday improvements, etc.


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03-14-2019 08:40 AM
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LeadBolt Offline
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Post: #44
RE: TRIBE ATHLETICS DONORS
(03-14-2019 08:40 AM)ColonelEbirt Wrote:  For all speculating about how we could possibly have money to pay the buyout but still need money for summer school etc, is it possible that because it’s an HR / employee cost, it comes from different coffers? I truly don’t know, but I wouldn’t assume that the news of his buyout implies for certain that we were sitting on $1.7M that Huge was irresponsibly choosing not to spend on practice facilities, summer school, gameday improvements, etc.


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I hope that your speculation is correct. I just remember suffering through (don't shoot me for mentioning the name) Chuck Swenson for 5 years rather than buying him out. If we can afford to buy out Shaver and not Swenson I'm confused.
03-14-2019 08:46 AM
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Tribe4SF Offline
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Post: #45
RE: TRIBE ATHLETICS DONORS
Samantha should be transparent on this. Donors want to know how this will be financed.
03-14-2019 09:21 AM
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NC Tribe Offline
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Post: #46
RE: TRIBE ATHLETICS DONORS
(03-14-2019 09:21 AM)Tribe4SF Wrote:  Samantha should be transparent on this. Donors want to know how this will be financed.

It won't be financed by me. I already replied to the Tribe Club e-mail I got telling them I will never give another dime.

I can't believe I am in business meetings half way around the world and this thing has me so ticked off. Sports have always been a release for me and something I did for fun. How did Huge mess this up so badly?
03-14-2019 09:29 AM
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