Pearl: "I'm not going anywhere"

#27
#27
cd12 said:
Who would even consider hiring him at this point?
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Sadly 90% of Volnation. But if the shoe were on the other foot and this was happening at Memphis, Kentucky, etc., these same supporters would be scoffing at how ridiculous his supporters are, such as they do now concerning Calipari.
 
#32
#32
hatvol96 said:
The fact his initial contract was terminated certainly bears that out.
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It has been noted that Pearl's contract was perfect with the situation because he had them handcuffed because they would still have to pay him even if the NCAA came down on him. Pearl is not dumb enough to lose that leverage and have his contract terminated and have stipulations put in to say if the NCAA comes down on him and UT that he wouldn't get any money. That would be the most moronic business move by him and his agent. Don't kid yourself in thinking that Pearl has leverage. But our internet message board rumor boy will tell you he doesn't have leverage at all.
 
#33
#33
tvols75 said:
It has been noted that Pearl's contract was perfect with the situation because he had them handcuffed because they would still have to pay him even if the NCAA came down on him. Pearl is not dumb enough to lose that leverage and have his contract terminated and have stipulations put in to say if the NCAA comes down on him and UT that he wouldn't get any money. That would be the most moronic business move by him and his agent. Don't kid yourself in thinking that Pearl has leverage. But our internet message board rumor boy will tell you he doesn't have leverage at all.
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If he has any leverage in this situation, Hamilton is beyond stupid. If the NCAA comes down on him for more than we already know, he is gone.
 
#34
#34
BasketvolsFan said:
If he has any leverage in this situation, Hamilton is beyond stupid. If the NCAA comes down on him for more than we already know, he is gone.
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It's ultimately not up to Hamilton on the leverage of the new contract because the contract that just got terminated had Bruce having a lot of leverage. Bruce is not going to willingly let his contract be terminated and let a new contract be formed that gives stipulations that he would lose his money. That would be the dumbest business move. Now, Hamilton can put in stipulations for future causes but he is not in a position to put stipulations on the current situation because as ESPN reported, Bruce had more protection in his contract that Jim O'Brien did at OSU. If Hamilton were to fire Bruce, which it won't happen, Bruce would get money. The stipulations that Hamilton has to put in is punishment for future rules violations.
 
#36
#36
His previous contract offered him all sorts of protection. It was terminated. I'm not sure Pearl would have agreed to any contract change if he had any choice in the matter. Why do you think Hamilton provided such a detailed termination letter to Pearl, if Pearl was going to have leverage and buy-outs in his new contract?
 
#37
#37
BasketvolsFan said:
His previous contract offered him all sorts of protection. It was terminated. I'm not sure Pearl would have agreed to any contract change if he had any choice in the matter. Why do you think Hamilton provided such a detailed termination letter to Pearl, if Pearl was going to have leverage and buy-outs in his new contract?
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Yes, the contract was terminated. But Bruce could sue the hell out of him if it was just terminated because that's how much protection he had. Hamilton cannot just say, "Hey I'm terminating your contract and that's it." Hamilton and Bruce had to talk about the terms of the termination, and like I said Bruce and his agent would have to be the dumbest business people in the world if the new contract went from protection to having no protection. They are not. Also as I stated before, the new contract will more than likely consists of less protection for Pearl "in future cases" not this current one.
 
#38
#38
tvols75 said:
Yes, the contract was terminated. But Bruce could sue the hell out of him if it was just terminated because that's how much protection he had. Hamilton cannot just say, "Hey I'm terminating your contract and that's it." Hamilton and Bruce had to talk about the terms of the termination, and like I said Bruce and his agent would have to be the dumbest business people in the world if the new contract went from protection to having no protection. They are not. Also as I stated before, the new contract will more than likely consists of less protection for Pearl "in future cases" not this current one.
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It's pretty obvious you've never negotiated or drafted a contract of any significance. Pearl's only leverage was that he was going to demand the initial contract be honored. When that was terminated, his leverage died with it. The only thing he has going for him in this negotiation is that the mental invalid in the AD's chair doesn't want to fire him. Even the initial contract provided that Pearl could be fired upon a finding by the 'AA of significant wrongdoing. You can rest assured the new contract, if it is ever actually executed, will state the same.
 
#40
#40
If you want to know why Pearl would consent to the termination of a contract that was tilted in his favor, the reason isn't hard to see. Look how much luck Jim O'Brien has had getting back into coaching.
 
#41
#41
hatvol96 said:
It's pretty obvious you've never negotiated or drafted a contract of any significance. Pearl's only leverage was that he was going to demand the initial contract be honored. When that was terminated, his leverage died with it. The only thing he has going for him in this negotiation is that the mental invalid in the AD's chair doesn't want to fire him. Even the initial contract provided that Pearl could be fired upon a finding by the 'AA of significant wrongdoing. You can rest assured the new contract, if it is ever actually executed, will state the same.
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Agreed. But if Pearl were to just walk away after the terminated contract, he could sue the hell out of Hamilton because it would be the Jim O'Brien situation all over again. That gives Pearl some leverage in the situation and knowing that UT is standing by him in what looks like even if he gets a year suspended hat gives him leverage too. If he didn't have leverage, there wouldn't be any negotiations at all on the "3 to 4 issues" that was stated by Hamilton.
 
#42
#42
hatvol96 said:
If you want to know why Pearl would consent to the termination of a contract that was tilted in his favor, the reason isn't hard to see. Look how much luck Jim O'Brien has had getting back into coaching.
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It still wouldn't matter, he would rather have money and no job then what you claim and him having nobody interested in him.
 
#43
#43
tvols75 said:
Agreed. But if Pearl were to just walk away after the terminated contract, he could sue the hell out of Hamilton because it would be the Jim O'Brien situation all over again. That gives Pearl some leverage in the situation and knowing that UT is standing by him in what looks like even if he gets a year suspended hat gives him leverage too. If he didn't have leverage, there wouldn't be any negotiations at all on the "3 to 4 issues" that was stated by Hamilton.
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Pearl consented to the termination of the contract and released UT from any liability thereon. He did that because he didn't think committing career suicide was a good idea. Also, who said there's any meaningful negotiations going on right now? What is Pearl going to do if the general counsel says no to his proposed amendments? Quit?
 
#44
#44
tvols75 said:
It still wouldn't matter, he would rather have money and no job then what you claim and him having nobody interested in him.
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Then, under your scenario, Pearl is the biggest idiot in the world. UT could fire him tomorrow, pay him nothing, and there's not a damn thing he can do about it.
 
#45
#45
hatvol96 said:
Pearl consented to the termination of the contract and released UT from any liability thereon. He did that because he didn't think committing career suicide was a good idea. Also, who said there's any meaningful negotiations going on right now? What is Pearl going to do if the general counsel says no to his proposed amendments? Quit?
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You have said he has already committed career suicide. And like Hamilton said, there will be a new contract. Tells me that both parties are working together to get these issues hashed out. Since you are talking what if's, what if the general counsel agrees to it. Are you going to say he had leverage?
 
#47
#47
hatvol96 said:
Then, under your scenario, Pearl is the biggest idiot in the world. UT could fire him tomorrow, pay him nothing, and there's not a damn thing he can do about it.
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Exactly, which he is not. He has more leverage than you think and this is not a re-working of the entire last contract to get rid of any protection he had. He would be an idiot to have protection than go to a contract where he had none and could be terminated easily without compensation. There is no coach, agent, or lawyer that would agree to that.
 
#48
#48
tvols75 said:
You have said he has already committed career suicide. And like Hamilton said, there will be a new contract. Tells me that both parties are working together to get these issues hashed out. Since you are talking what if's, what if the general counsel agrees to it. Are you going to say he had leverage?
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It depends on what's in the contract. If the deal is tilted heavily in UT's favor, how would the signing of the deal be indication that Pearl had any leverage?
 
#49
#49
tvols75 said:
Exactly, which he is not. He has more leverage than you think and this is not a re-working of the entire last contract to get rid of any protection he had. He would be an idiot to have protection than go to a contract where he had none and could be terminated easily without compensation. There is no coach, agent, or lawyer that would agree to that.
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He's already agreed to it. The old contract is gone. If UT doesn't like his proposed amendments, they can tell him to get the Hell out of his office wthout so much as giving him money for lunch. UT has no meaningful obligations to Pearl now.
 
#50
#50
hatvol96 said:
It depends on what's in the contract. If the deal is tilted heavily in UT's favor, how would the signing of the deal be indication that Pearl had any leverage?
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I think we could all agree that there is going to be less protection if he does anything else, but at the same time like I said he, his agent, or his lawyer are not dumb enough to willingly terminate a contract that would enable him to receive absolutely no protection and could be terminated at will when the last one gave him quite a bit of protection.
 
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