Manning Buyout Negotiations Have Begun

[jamesda3]

I hope our next coach coaches with some fire and passion on the sideline after these zombies on the sidelines the last 10 years the program needs the life and fire breathed into it. That's one thing I love about Clawson that Grobe was missing and I appreciated Grobe.

 

[mothersodear]

Why should Wake have to honor it when he isn't keeping up his end of the deal? Wake wasn't paying him to do nothing but he has made us worse not better.

I guess there was no performance clause in the contact that focused on on-the-court success. Plus, DM’s saying that our team has taken a “step”.

 

[sportsnut1]

The "snag" is not on the amount of the buyout but the method and timing of the payment(s)

 

[Ball State Deac]

The "snag" is not on the amount of the buyout but the method and timing of the payment(s)

If the amount isn’t an issue, method and timing is easy. If timing or method are issues, then the amount is the issue.

 

[Wakeforest22890]

Why should Wake have to honor it when he isn't keeping up his end of the deal? Wake wasn't paying him to do nothing but he has made us worse not better.

Wake is paying him to be the head coach. These contracts don’t carry any conditional performance clauses for a guaranteed deal.

 

[Wakeforest22890]

There is no way he is saying yes and if he says "no comment" it will be interpreted as a yes.

If you read Conor's transcript Manning quickly said no while trying to move on and then said "I said no, Conor" in response to a follow-up so he wasn't really out there spinning a long-winded lie. Rather, he curtly denied it and tried to move on quickly.

Yeah idk what he’s supposed to do. Glad our beat guy did his job and asked the question but Danny can’t say anything other than no and move on.

 

[Liquid Karma]

You couldn't be more wrong. I don't feel slighted in the least. I understood what certain people would say. I don't care at all whether you or anyone believes what I posted. All I'm doing is giving info most don't have.

You brought up something that has nothing to do with what I said in an attempt to insult me. I treated you the same you treated me and you are crying.

There is a difference between an opinion (like you tried to use) and reporting information. I doubt you will admit this is so or that you were wrong trying to conflate the two.

Start a new thread and share this supposed info clearly and concisely, instead of just insinuating everyone is wrong and claiming you *and only you* have some inside source and proof to back up your claims.

 

[DistrictDeacon]

Yeah idk what he’s supposed to do. Glad our beat guy did his job and asked the question but Danny can’t say anything other than no and move on.

Last post on this - but it’s telling that Manning isn’t prepared to answer that question other than lie about it. That’s on him and/or our media relations staff.

 

[tbird]

If $$$ is the issue, go into the credit markets, issue a bond in the amount needed and float it to the general public. With interest rates at historic lows, do a 10 year maturity. With a new hire who is successful, would be able to retire the note in five years. If something has been submitted earlier regarding this, my apologies.

 

[thatguy2016]

Manning’s gone

I say this with no inside information but with 100% certainty

Hopefully we make a strong hire

 

[deaconson]

Why should Wake have to honor it when he isn't keeping up his end of the deal? Wake wasn't paying him to do nothing but he has made us worse not better.

Because ronnie's not wellman signed him to an insane contract that no other ad in history would have offered. Danny manning did not become a crappy coach after signing the extension. He is the same shitty coach today as he was game one at wake. Same hubris. Same mistakes in game coaching, rotations, line ups. Wake owes manning a ton of money for doing a terrible job coaching. Wake enabled ronnie to offer that extension.

 

[knowell]

The "snag" is not on the amount of the buyout but the method and timing of the payment(s)

Tell him to get lost now. Let the lawyers figure it out.

Pretty sure if lawyers are involved it will take longer for Manning to get paid than if he is reasonable and works it out.

 

[Louis Gossett Jr]

We have about a 30 minutes to an hour left of RJ slumber so anything you’d like to discuss should be done quickly.

 

[knowell]

Wake is paying him to be the head coach. These contracts don’t carry any conditional performance clauses for a guaranteed deal.

Legally, that is true. Some people actually care about fulfilling their duties.

You can certainly question whether it is moral to accept an insanely large amount of money for a job that you were incapable of fulfilling.

If you feel that you are entitled to whatever money you are able to extort from a simple minded senile old fool, then there is no reason not to try and get every penny.

Some people feel like you should have to provide a value for what you are paid.

Value judgements.

 

[2&2 Slider To Leyritz]

Tell him to get lost now. Let the lawyers figure it out.

Pretty sure if lawyers are involved it will take longer for Manning to get paid than if he is reasonable and works it out.

Exactly. Contracts are made to be broken. Tell him to fuck off, we're not paying due to grossly negligent performance, if he wants his money he can come try to get it and prove it is owed to him. Otherwise he gets $0.20 on the $1 now to get the fuck out.

 

[deaconson]

You can certainly question whether it is moral to accept an insanely large amount of money for a job that you were incapable of fulfilling.

Everyone paying attention knew what manning was as a coach. ronnie (and by extension Wake) offered this ridiculous deal. Manning was always going to fail coaching in the acc. Only ronnie, hatch, the big donors did not know what was coming post extension. What's not moral is absolving wake (could have dumped ronnie long before he did this) of having to keep their word.

 

[Buttermaker]

Could it actually be possible that Currie reached out to begin a negotiating process and Danny's agent and himself just refused and stonewalled it?
So what got reported was the initial attempt but the stonewalling wasn't?

Yes. Or said we are happy to discuss payment structure but we want the balance

 

[Wakeforest22890]

Legally, that is true. Some people actually care about fulfilling their duties.

You can certainly question whether it is moral to accept an insanely large amount of money for a job that you were incapable of fulfilling.

If you feel that you are entitled to whatever money you are able to extort from a simple minded senile old fool, then there is no reason not to try and get every penny.

Some people feel like you should have to provide a value for what you are paid.

Value judgements.

It’s not like isn’t trying to fulfill the job he’s just coming up short. There’s nothing “moral” about this at all. The guy got hired to do a job, got an extension based (presumably) on performance, and now his employer wants to buy him out. Morality doesn’t have anything to do with it.

 

[Wakeforest22890]

Exactly. Contracts are made to be broken. Tell him to fuck off, we're not paying due to grossly negligent performance, if he wants his money he can come try to get it and prove it is owed to him. Otherwise he gets $0.20 on the $1 now to get the fuck out.

This is dumb advice. Beyond being a waste of time and money from a legal perspective imagine trying to hire a coach when the school refused to honor what is likely a straightforward contractual provision regarding payment. The contract is for Manning to coach the team in exchange for payment. If the school was dumb enough to guarantee a massive portion of the contract then that’s on the school. He’s been a bad coach, no question, but nothing Danny has done rises close to the level of “grossly negligent performance” from a legal perspective unless you can prove something like he’s skipping practices, not recruiting, refusing to participate in regular coaching duties.

 

[knowell]

Everyone paying attention knew what manning was as a coach. ronnie (and by extension Wake) offered this ridiculous deal. Manning was always going to fail coaching in the acc. Only ronnie, hatch, the big donors did not know what was coming post extension. What's not moral is absolving wake (could have dumped ronnie long before he did this) of having to keep their word.

Differing views on morality. Making Wake pay for their arrogance could theoretically teach a lesson.

On the other hand, if you are brought up to believe in an honest days work, it would be pretty hard to cash that check with a clear conscience.

I know that is not how most people view getting paid.