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On the banks calls out Eddie

If we fire Eddie this year, he gets 2million. He does not get his full pay out. The key paragraphs:

"The real question now is what will new athletic director Patrick Hobbs decide regarding Jordan's future, as he has indicated he will wait until the end of the season to evaluate the program. Eddie is in his third season of a five year contract. A head coach only having only two years left on a contract is a death knell in recruiting circles. Hobbs either needs to extend Jordan after the season or decide to move on.

Next year, Eddie is scheduled to make $1.45 million plus $100,000 for a retention bonus. For the 2017-18 season, he is scheduled to make $1.5 million. If Jordan is fired, he's owed 70% of his contract assuming he exerts a reasonable effort to find other employment. If he's fired at the end of this season, Jordan wouldn’t get the retention bonus and he would be owed $2.065 million. If Hobbs retains him through next year and then decides to fire him, Jordan would get $1.55 million and then would be owed a buy out of $1.050 million, totaling a payout of 2.6 million.So Hobbs would save 535,000 if he decides to let Jordan go after this season."
 
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The money saved is minimal. What we need is an actual college coach who knows how to develop players and get them to play in a cohesive system. The article (thank you btw) was IMO spot on. It's not that we've necessarily have had bad recruiting under EJ, but that he doesn't develop the kids and it's quite evident. I haven't seen anyone on this team really improve over the last three years under him. What's more troubling than that, is the inability of the kids to play good defense, block out and rebound and pass the ball inside and outside to get a good shot.

Frankly, I don't know what EJ is trying to run out there on both sides of the ball. It's like his teams go through the motions. It's time to cut ties with EJ. He never was and never will be a college coach. One would think after being mentored by one of the best Pete Caril (sp?) something would have rubbed off on EJ. It hasn't.
 
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The logic is flawed. Unless the next coach is less than $535K a year (which if it is the case I will go absolutely ballistic), it will cost us more.
 
seels2662 said:
The logic is flawed. Unless the next coach is less than $535K a year (which if it is the case I will go absolutely ballistic), it will cost us more.
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It doesn't matter if we owe him less or more. That shouldn't be part of the equation. What should be, is the ability to recruit decently and then develop the players. EJ has failed miserably at the the latter. It's the reason our teams are getting blown out so much even with the injuries. This is one of the worst coached teams I've seen on the banks in memory. So why should he be extended? What has he done to be extended?
 
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it has to be done. Why people and there are some on the board arguing for him to stay is baffling. You cant extend the guy so what happens next year after 13-18 when they do show improvement simply because they become healthier and have more bodies...getting 4-5 wins in league what does that mean. No one is coming because they know he is gone the next year. You cant extend a guy who has accomplished nothing

Bottom line now is the perfect time to fire him. I don't know why people are afraid and Hobbs was brought specifically for basketball and facilities...not to hire a football coach
 
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Hobbs was brought in to do it all. He is the AD. Including Olympic sports. Not just the basketball AD. Luckily I know for certain he understands that. Focusing on a single sport is why every other sport died on the vine.

That won't happen again,
 
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Hobbs hired a very good hire in Ash.
However,the the increase in staff funds was 5%.
Thats a joke.
It should have been increased by 25%.
It costs a lot more to live in NJ

With regard to bb
Its much easier to increase the funding for a better set of assistants.
Its also important to get the practice facility built by 2017.
 
RU MAN said:
The money saved is minimal. What we need is an actual college coach who knows how to develop players and get them to play in a cohesive system. The article (thank you btw) was IMO spot on. It's not that we've necessarily have had bad recruiting under EJ, but that he doesn't develop the kids and it's quite evident. I haven't seen anyone on this team really improve over the last three years under him. What's more troubling than that, is the inability of the kids to play good defense, block out and rebound and pass the ball inside and outside to get a good shot.

Frankly, I don't know what EJ is trying to run out there on both sides of the ball. It's like his teams go through the motions. It's time to cut ties with EJ. He never was and never will be a college coach. One would think after being mentored by one of the best Pete Caril (sp?) something would have rubbed off on EJ. It hasn't.
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Along with mediocre recruiting the lack of player development has been a constant through a series of Rutgers head coaches.Jordan is just following his predecessors coaching a team that has no relevance in college basketball.
 
Forward this article on to Hobbs please. Just look at the voters, 70% of the voters want Him gone after this season, listen to your fans! Anyone reading that article and voting are the lone diehards remaining watching this garbage
 
Fire him now and let him finish out the season. Maybe a win against Minnesota as a send-off. Reading this article it is a no-brainer.
 
Caliknight said:
Hobbs was brought in to do it all. He is the AD. Including Olympic sports. Not just the basketball AD. Luckily I know for certain he understands that. Focusing on a single sport is why every other sport died on the vine.

That won't happen again,
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the Olympic sports are all in good position to succeed thanks to Julie. They will benefit from the facilities upgrades with fundraising...Hobbs was brought in to fix basketball AND also to raise the money for facilities., but basketball is the main priority right now, it has to be
 
Good article. It actually makes Jordan looks worse, however. The recruits were perceived to better than I thought. Who knew from watching them? So now his recruiting has regressed as well.
 
There's a bit of hokey math here:

"Next year, Eddie is scheduled to make $1.45 million plus $100,000 for a retention bonus. For the 2017-18 season, he is scheduled to make $1.5 million. If Jordan is fired, he's owed 70% of his contract assuming he exerts a reasonable effort to find other employment. If he's fired at the end of this season, Jordan wouldn’t get the retention bonus and he would be owed $2.065 million. If Hobbs retains him through next year and then decides to fire him, Jordan would get $1.55 million and then would be owed a buy out of $1.050 million, totaling a payout of 2.6 million.So Hobbs would save 535,000 if he decides to let Jordan go after this season."​

Sure we pay EJ less overall if we fire him this year than if we were to allow him coach one more year and then fire him. But that analysis leaves out that, if we fire him this year, we will be paying the full and substantial salary of a new coach next year, while if we keep EJ for another year we will not. So, if we fire EJ now, the true cost is his buyout plus the additional $2-3mm salary of the new coach next year. If you're solely looking at cost, you then compare that to the cost of holding onto EJ next year and then paying the buyout. Under that comparison, it will be something like $1.5mm-$2.5mm more to fire him this year.

The article's analysis, however, does raise the notion that RU shouldn't throw good money after bad. While it may be much more money overall, there's some sense to spending less on EJ and more on someone you have faith in.
 
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Regardless of whether it costs more to fire him this year or next, the key to me is this is the year we would need to extend him. We just can't do that. We can't waste that money and if we get cute with how it's structured (eg low buyout), it will damage his ability to recruit.
 
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The only way Jordan should get an extension ( right now) is if his buyout remains the same as it would be if he was fired after next season and have it 30% of 1 years salary if fired after original contract expired
 
Can we try to thread the needle and sit down with Eddie and offer him an incentive laden extension that in the bottom line only pays him more if he wins?
 
Rework contract

Year 4 1,000,000
Year 5 1,300,000
Year 6 1,000,000 + 500k bonus for finishing in top half of B1G
Year 7 1,0000,000 + 500k bonus for making NCAA

If RU terminates Eddie before April 30, 2018 it has to pay 70% base owed on remainder of contract.
 
bac2therac said:
stop
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Money doesn't grow on trees. We are a public university. No one cares about men's basketball in NJ. Unlike FB there is not a huge cost over our head that needs success to pay 4. In other words there is no urgency. Rice and Flood buyouts and then stringer.

Do u want Jordan fired and us with a 500k budget? OR do you want Jordan not bother to recruit knowing he has no chance as a lame duck without extension?

This is not Fanduel or Draft Kings. Pat Hobbs doesn't have unlimited $ or political capital. NJ residents are indirectly paying for RU sports. 99% don't want that.
 
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the same excuse was used for Flood..they have the money and no one is sticking around for more 7-25 seasons.


you know he isn't the answer just like Fred Hill wasn't the answer
 
bac2therac said:
the same excuse was used for Flood..they have the money and no one is sticking around for more 7-25 seasons.


you know he isn't the answer just like Fred Hill wasn't the answer
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Flood became too much of an embarrassment to stay or he would have been retained.
Actually if RU really was willing to buy out Kyle, it would have happened right after the e-mail mess report was completed.
Barchi isn't going to buyout Eddie right after paying off Flood and Hermann.
Like it or not, RU won't spend the money it takes to buy out Jordan after the other buyouts
and investing money on the FB program.
I don't think Hobbs will be able to get Barchi to OK buying out the last two years of Jordan's contract based just on how bad the program looks.
 
MADHAT1 said:
Flood became too much of an embarrassment to stay or he would have been retained.
Actually if RU really was willing to buy out Kyle, it would have happened right after the e-mail mess report was completed.
Barchi isn't going to buyout Eddie right after paying off Flood and Hermann.
Like it or not, RU won't spend the money it takes to buy out Jordan after the other buyouts
and investing money on the FB program.
I don't think Hobbs will be able to get Barchi to OK buying out the last two years of Jordan's contract based just on how bad the program looks.
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See how bad it gets. 14 more games of getting pounded by 30 a night. Something has to give.
 
I strongly believed EJ was the answer --- both times he was considered for the job. I can't for the life of me figure out why he has failed. And he has failed. First year was completely understandable, the second/third year with some decent recruits (2 4*s) a what looked like some good role players mixed in with some raw talent with potential.

But with little improvement in individuals or team concepts over a three year period, I'm baffled that what I had seen as EJs bailiwick has become his albatross. And the lack of a recruiting class for 2016 puts the cap on it. I've been closely watching the program since the Foster days and I've never been as down as I am now -- including watching the Littlepaige days up close and personal.

EJ has distanced us from the Rice debacle. It's now time for a clean sweep of the program. A new coach to bring energy and hope to the program to coincide with the FB revival. I don't care if it's Sendek, or Amaker, or some up-and-coming star. Rutgers needs optimism and energy, a FB and BB revitalisation occurring simultaneously.

Revenue generated will more than compensate for the money spent. Do it, mr Hobbs.
 
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ruman said:
See how bad it gets. 14 more games of getting pounded by 30 a night. Something has to give.
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exactly...the same stuff was said about Flood until the blowouts started....it can potential get very ugly, we have 14 games to go plus a tourney game
 
bac2therac said:
exactly...the same stuff was said about Flood until the blowouts started....it can potential get very ugly, we have 14 games to go plus a tourney game
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And Julie was let go for the same reason.
No it was the way RU was embarrassed that caused Hermann and Flood to be bought out.
But that's only my opinion based on past practice
 
bac2therac said:
the same excuse was used for Flood..they have the money and no one is sticking around for more 7-25 seasons.


you know he isn't the answer just like Fred Hill wasn't the answer
Click to expand...

Football is different. Huge stadium debt. Audi Club and many season tickets have to be sold. Revenue needs to be protected.
 
ScarletKid2008 said:
We are in a far worse condition now than we were right after Mike Rice.
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Rice's actions cause the conditions Rutgers in now, Jordan just can't overcome what Rice did to the program and doesn't seem capable of doing it.
 
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