All "Gripes" with Greg McDermott

[tazclone]

Ticks me off that the lawyers did not have clauses in the contract if you lose more than two thirds of your players and that you fail to sniff a tournament in four consecutive years that you get a rebate back for damaged goods.

I don't disagree

[CloneIce]

Nobody needs a 9-yr contract to rebuild a basketball program. 6 Years is plenty! A 1-yr extension would have been more than sufficient to make up for the lost scholarships, considering the fact that each scholarship was lost for only Year 1. Heck, we were giving scholarships to walk-ons in Year 2 anyway, so we didn't even utilize those scholarships the following year.

And now we are backed into a corner. Which is why a competently written contract would have given a 1-yr extension in total, rather than a yr for each individual case.

[tazclone]

Read the contract yourself. Or the other thread we have on this. It doesnt take a lawyer to read the language, its all pretty simple.

I have read too many legal documents and thought I understood them to know that they are never as simple as they look. That is why with my job and personal life, I always have a lawyer look them over.

Like I said "Let's see trust the interpretation of message board posters or trust the interpretation of the legal team that ISU has representing them. Hmmmm, that is a tough decision."

[GoCubsGo]

Im kinda surprised that it isnt out there if it was signed 3 years ago.

If nobody has requested it, the ISU athletic department isn't just going to post it on the internets.

[Go2Guy]

That, my friends, is how GMac ended up with the years on his contract. JP didn't just come out and give GMac an extension for no reason or for bad luck.

If you don't like the original contract, then I don't think you really have an idea of where the program was at the time.

So the point of emphasis is that Jamie really screwed up by shafting Morgan out of a fair chance, and compounded the problem by entering into negotiations from a weak leverage perspective.

[Go2Guy]

Every contract has incentives....

....but this contract had no downsidefor GMcD if he screws up.

[Incyte]

I have read too many legal documents and thought I understood them to know that they are never as simple as they look. That is why with my job and personal life, I always have a lawyer look them over.

Like I said "Let's see trust the interpretation of message board posters or trust the interpretation of the legal team that ISU has representing them. Hmmmm, that is a tough decision."

As an attorney (and as a lay person for that matter) it looks clear from the face of the document that GMac gets one year for each YEAR we are down a scholarship and not for each scholarship.

[tazclone]

Nobody needs a 9-yr contract to rebuild a basketball program. 6 Years is plenty! A 1-yr extension would have been more than sufficient to make up for the lost scholarships, considering the fact that each scholarship was lost for only Year 1. Heck, we were giving scholarships to walk-ons in Year 2 anyway, so we didn't even utilize those scholarships the following year.

And now we are backed into a corner. Which is why a competently written contract would have given a 1-yr extension in total, rather than a yr for each individual case.

I don't disagree CI but I think a big thing to take into consideration is D1 Scheduling. While we know NOW that it was a bunch of bunk, no one knew how it would turn out or what the penalties would be. Throw in that we were only three years removed from the LE crap and there was a lot of bad pub/accusations about ISU. We looked like a school filled with scandal and quick with the trigger finger

[GoCubsGo]

Like I said, understand the situation at the time. Which it looks like you don't. D1 Scheduling was a joke but at the time we were hiring, it was being investigated and no one knew what would come out of it including potential hires and the AD. It is very easy for you to say right now that D1 Scheduling was a joke but at that time you had no idea how it would turn out. No one did. don't acct like the contract was signed after the D1 investigation was complete. It wasn't

We were paying crap. Every contract has incentives so you have to go back to base salary. Guaranteed money was/is less than our competitors. If GMac was making $755K here + incentives, other colleges were offering $1 mil + incentives. Less money equals more years. Most coaches sign five year deals so it really only equated to one more year.

Sure, the context of the contract is something to keep in mind as a justification for why JP did what he did. But in interpreting the contract, the context doesn't matter at all - only the terms of the contract, i.e. what is actually written, matters.

[gogagig]

I contract like that would have been justified for a bigger name. GM was nationally known as a decent coach, but was never a big name. We would never have gone after him had he not been down the street. I really don't think a 9 year contract was needed to get someone to move from Cedar Falls to Ames.

[Incyte]

Why do people think that there is another document? It looks like the extensions are triggered through the original contract.

[rholtgraves]

This contract was a HUGE mistake by Pollard. When McD got this contract he was probably laughing at how ridiculous Pollard was to agree to it.

[tazclone]

As an attorney (and as a lay person for that matter) it looks clear from the face of the document that GMac gets one year for each YEAR we are down a scholarship and not for each scholarship.

Well, I trust your opinion much more. So the question is how many years were we down. I believe APR issues lasted for at least 2 years and are judged over 4 year periods so it would have been a minimum of 2 years. So the scholly lost to Jiri would be the only question.

[tazclone]

I contract like that would have been justified for a bigger name. GM was nationally known as a decent coach, but was never a big name. We would never have gone after him had he not been down the street. I really don't think a 9 year contract was needed to get someone to move from Cedar Falls to Ames.

You would have had to pay a big name atleast twice as much to walk into ISU at that time. AT LEAST twice as much. Heck Iowa signe Lick to a seven year $1.2 million contract at the same time

[Incyte]

This contract was a HUGE mistake by Pollard. When McD got this contract he was probably laughing at how ridiculous Pollard was to agree to it.

It seems reasonable to me. Six years plus extra years for detrimental conduct that ocurred before McD was coach.