Todd Rosiak - Marquette Beat Writer

[soonerlawyer]

Guys the idea that a coach building a house will keep him from taking another job is not true at all. These things get negotiated all the time. We will make an offer to buy the house (or hire a relocation company to do it). I see this happen all the time and it's standard practice. It doesn't cost the school that much money especially considering the kind of salary we would pay Buzz to get him to Norman.

 

[StoopsBros]

Guys the idea that a coach building a house will keep him from taking another job is not true at all. These things get negotiated all the time. We will make an offer to buy the house (or hire a relocation company to do it). I see this happen all the time and it's standard practice. It doesn't cost the school that much money especially considering the kind of salary we would pay Buzz to get him to Norman.

I agree. Buzz' house is worth about $2 million, so it's not that hard to sell or for OU to buy.

 

[soonerlawyer]

Typically what happens is an acceptable amount is negotiated with Buzz on his house. Then he has 60-90 days to put his house on the market and sell it. If he can get more than OU's offer he will sell it. If he can't get as much as OU has offered then OU will buy the home. The other way to do it is to hire a company like SIRVA who will actually buy the house and then resell it on their own dime. OU pays SIRVA a fee (a big one but again fairly small given the dollars we are talking to get Buzz to come to OU) for putting the capital up to buy the house and taking on the risk of reselling the house.

 

[One More Rebound]

If you read Dave Sittler's latest column, he states that Marquette writers have deliberately floated the 3.8 million buyout figure in order to scare off potential suitors.

 

[soonernutt]

If you read Dave Sittler's latest column, he states that Marquette writers have deliberately floated the 3.8 million buyout figure in order to scare off potential suitors.

On the face, this seems silly, but it makes a hell of a lot more sense than a 3.8M buyout for a guy who was a relative unknown when said contract was written. The simplest explanation would involve a much smaller buyout and some type of misinformation leaking (anonamously, of course) from Marquette's athletic dept.

However, do AD's really get this type of info from the media. I mean, if you are an AD looking for a coach, and you were interested in a certain guy, wouldn't you find out on your own what his buyout is? All you have to do is talk to the coach's agent. What kind of cracker-jack AD would just read some random beat-writer's twitter post and assume it has any merit? Certainly not Joe C.

There is clearly alot of smoke to the fire saying OU is interested, and you can bet Joe C. knows more than we do about what it will cost to get him. Hopefully he can make it happen.

 

[El Jefe]

If you read Dave Sittler's latest column, he states that Marquette writers have deliberately floated the 3.8 million buyout figure in order to scare off potential suitors.

The writers must like the guy and that's OK, but this seems EXTREMELY far-fetched. Unless they're MU alums or something, I can't see them fabricating rumors and jeopardizing their livelihood just to keep a basketball coach.

 

[Big Old Booger]

I'm just guessing but I don't think Buzz is building a 50 room house with a rocket ship in the front along with a moat like Stoops is.

This was my point. If Stoops isn't concerned about having to sell that monstrosity he's building, then I'm sure Buzz or any other coach wouldn't let a new house worth about 2 million (which probably equals 4-5 million in OK) prevent him from changing jobs.

lol @ anyone ever thinking that building a house is going to make any difference whatsoever when we're talking about people that make this much money.

Agreed.

 

[JBaker]

The writers must like the guy and that's OK, but this seems EXTREMELY far-fetched. Unless they're MU alums or something, I can't see them fabricating rumors and jeopardizing their livelihood just to keep a basketball coach.

I believe Sittler's implication was that insider are feeding the false information to their writers.

 

[DenverSooner]

Joe C wouldn't be dillying around if Buzz hadn't signaled interest and he was completely unaffordable. Doesn't mean they'll be able to come to terms, of course, but I don't read anything into stuff about having a house built, etc.

When you make close to $2,000,000 per year a loss on a house is not that big of a deal. It is not like there are not other wealthy people in Wisconsin that want expensive houses.

 

[El Jefe]

I believe Sittler's implication was that insider are feeding the false information to their writers.

Ah, that would make more sense. Pretty crappy thing to do to the writers though, if true.

 

[seniorsooner]

When you make close to $2,000,000 per year a loss on a house is not that big of a deal. It is not like there are not other wealthy people in Wisconsin that want expensive houses.

If nothing else he can just sell the house to the next Marquette coach!