Basilio saying CBJ’s people working on buyout

[Vfl2407]

TIFWIW....I know many of you hate Basilio and ignore anything he says...so, for those of you...stop reading now.


For the curious, he said this morning 10/16 that his sources, unnamed of course, tell him that Butchs family and friends have convinced him the environment in Knoxville is just too toxic and he should get out as soon as possible.
His agent and attorney are supposedly meeting with Currie on the financials and Butch will resign after the Bama or Kentucky game when it’s all ironed out.

* not my words. - Basilios words.

 

[MyBloodRunnethOrange]

We shall see I suppose

 

[Obsessed]

TIFWIW....I know many of you hate Basilio and ignore anything he says...so, for those of you...stop reading now.


For the curious, he said this morning 10/16 that his sources, unnamed of course, tell him that Butchs family and friends have convinced him the environment in Knoxville is just too toxic and he should get out as soon as possible.
His agent and attorney are supposedly meeting with Currie on the financials and Butch will resign after the Bama or Kentucky game when uts all ironed out.

* not my words. - Basilios words.

I was wondering how longit would take for this to come out.

I actually think he has already resigned. He will still get part of his buy out though

 

[TheEndlessEnigma]

Yay! If it is true.....

 

[knucklehead_vol]

Damn Knoxville media is sloooooow.

 

[MWAVolfan]

TIFWIW....I know many of you hate Basilio and ignore anything he says...so, for those of you...stop reading now.


For the curious, he said this morning 10/16 that his sources, unnamed of course, tell him that Butchs family and friends have convinced him the environment in Knoxville is just too toxic and he should get out as soon as possible.
His agent and attorney are supposedly meeting with Currie on the financials and Butch will resign after the Bama or Kentucky game when it’s all ironed out.

* not my words. - Basilios words.

The only thing toxic in Knoxville is the coaching.

 

[tbh]

If true, that is fantastic news for the program and the fan base.

 

[UT's#1Fan]

Basilio is in the know. Great listen. Anyone who says otherwise is a hater.

 

[General Jack]

Call me obtuse, but I don't understand negotiating the buyout. I thought the contract language was pretty cut and dry.

Maybe its just negotiating the timing of the announcement and cash flow... but the amount is set, right?

 

[joevol33]

Call me obtuse, but I don't understand negotiating the buyout. I thought the contract language was pretty cut and dry.

Maybe its just negotiating the timing of the announcement and cash flow... but the amount is set, right?

I would think so.

 

[Vfl2407]

Call me obtuse, but I don't understand negotiating the buyout. I thought the contract language was pretty cut and dry.

Maybe its just negotiating the timing of the announcement and cash flow... but the amount is set, right?

I have no idea.
I guess anything is negotiable.

 

[txbo]

Sad if true.

 

[VolFreakJosh]

 

[james_govols]

This is interesting. I bet it's horrible for Butch right now. Any football town is tough on a coach.

 

[VOL 4 Life 83]

TIFWIW....I know many of you hate Basilio and ignore anything he says...so, for those of you...stop reading now.


For the curious, he said this morning 10/16 that his sources, unnamed of course, tell him that Butchs family and friends have convinced him the environment in Knoxville is just too toxic and he should get out as soon as possible.
His agent and attorney are supposedly meeting with Currie on the financials and Butch will resign after the Bama or Kentucky game when it’s all ironed out.

* not my words. - Basilios words.

Seriously?! After what Jones has schemed up on the field. Do they really expect fans to just say "Golly gee guys, we just didn't have it again today, but hey CBJ, thanks for the effort."

We expect points to be scored around here and getting to the SECC game once in a while. Not the music city bowl....

 

[Thunder Good-Oil]

TB's throwing more **** against the wall and hoping some of it sticks.

 

[titansvolsfaninga]

why wait until KY? Resigning is the best for all involved...I know it has to be hard on his wife and kids to see him berated the way he is, but he is bull headed. It's a teachable moment for all involved. Hopefully at his next stop, he will be open to change as opposed to sticking with "his" offensive system.

 

[deezvols]

Call me obtuse, but I don't understand negotiating the buyout. I thought the contract language was pretty cut and dry.

Maybe its just negotiating the timing of the announcement and cash flow... but the amount is set, right?

Oregon State coaching search: What to know after Gary Andersen’s exit - SBNation.com

Oregon State coach walked away from his $12Mil buyout. Surely we can get Butch to knock it down some.

 

[SaintLouisVol]

If Jones does this, he has pretty much relegated himself to be a mid-major coach for the rest of his career. The environment in Knoxville is no more toxic than it is in Austin, Miami, Tallahassee or Tuscaloosa.

He'd be admitting that he not only doesn't have the skills to coach at a top tier program, but he doesn't have the courage either.

 

[DenverVol01]

Basilio is in the know. Great listen. Anyone who says otherwise is a hater.

I love quotes like this. Very millennial-ish. Well done.

 

[txbo]

Call me obtuse, but I don't understand negotiating the buyout. I thought the contract language was pretty cut and dry.

Maybe its just negotiating the timing of the announcement and cash flow... but the amount is set, right?

Most are subject to a settlement agreement that is negotiated once the decision to part company has been made.

 

[TennTom]

This is interesting. I bet it's horrible for Butch right now. Any football town is tough on a coach.

He's going to walk away from UT with $25-30 million in earnings. I don't have a single bit of sympathy for him.

 

[VOL 4 Life 83]

If Jones does this, he has pretty much relegated himself to be a mid-major coach for the rest of his career. The environment in Knoxville is no more toxic than it is in Austin, Miami, Tallahassee or Tuscaloosa.

He'd be admitting that he not only doesn't have the skills to coach at a top tier program, but he doesn't have the courage either.

Jones would probably win championships at the FCS level, maybe even some conference championships in non-power 5....He's just not made for the SEC/Big 12/PAC 12, etc

 

[thevolwalker]

why wait until KY? Resigning is the best for all involved...I know it has to be hard on his wife and kids to see him berated the way he is, but he is bull headed. It's a teachable moment for all involved. Hopefully at his next stop, he will be open to change as opposed to sticking with "his" offensive system.

Why would he resign and give up 9 million? Butch should force UT to fire him, and I think he is doing a good job of that.

 

[shocka2430]

Call me obtuse, but I don't understand negotiating the buyout. I thought the contract language was pretty cut and dry.

Maybe its just negotiating the timing of the announcement and cash flow... but the amount is set, right?

I would assume he gets a certain amount if he is fired. If he resigns then he wouldn't get the same amount, basically quitting your job and hoping for a severance package. So I'd say he is saying I'll go ahead and resign if I get x amount of money to do so.