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Re: Goodbye Reggie... -- JB, Wed, March 08 2023, 7:53:17
Baron made 208k in his final year at Canisius. Why would someone from Bona pay a part of it?
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Re: Goodbye Reggie... -- Griffine, Wed, March 08 2023, 8:15:29
Baron’s best friend from his freshman team at Bona paid at least $100 G above the reported salary of $208G.
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Re: Goodbye Reggie... -- Griff, Wed, March 08 2023, 9:55:54
I've never heard that one. Conceptually, it doesn't make much sense. If your best friend from college had the means to give you $100,000, why wouldn't they just give it to you? Why would they make you work for it at a rival school?
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Re: Goodbye Reggie... -- Griffine, Wed, March 08 2023, 14:39:20
Baron’s friend attended many games. I met him during the MAAC tournament in Springfield. Jim wanted to return to coaching after he was fired by Rhodesia Island and this guy gave him the money to make the CANISIUS job acceptable.
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Re: Goodbye Reggie... -- Hmmm, Wed, March 08 2023, 15:20:05
Is there anyone still at Canisius who this guy feels sorry for and could give them 100k to help buy out RW?
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Re: Goodbye Reggie... -- left-coast griff, Wed, March 08 2023, 9:12:43
This is how college athletics works:
You do not pay a lump sum to a fired coach. He remains on payroll, getting his monthly check through the life of the contract. If he/she gets another job, his/her check is reduced by the amount of his/her new salary.
Or, you negotiate a settlement. As I've suggested, if we owe RW about $260,000, it's much easier to pay him off over a 5-year period at $52K a year, or $65K over four, etc., if he agrees to it. We can easily afford that.
Why would he agree to that? It's far more advantageous tax-wise. He just turned 62 years of age. A payout over four or five years would get him comfortably to the threshold of full SSI benefits, which for him is 67 years old. Heck, throw in medical coverage (a BIG deal) if that helps him accept the deal.
Bottom line, we need to move on. So think outside the box to make it happen.
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Re: Goodbye Reggie... -- Griffine, Wed, March 08 2023, 15:20:04
It’s true. Fully confirmed.
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Re: Goodbye Reggie... -- Griff, Wed, March 08 2023, 15:23:59
What is fully confirmed?
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Re: Goodbye Reggie... -- Franklin, Wed, March 08 2023, 9:28:50
Not a chance some Bona guy helped pay Baron's salary at Canisius. That sounds like some serious fake news!
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The Bona Alum paying is true. -- AG, Wed, March 08 2023, 10:03:06
It's not fake. The guy was also in the Coaches Circle. Can we use the money from the St. Peters run of last year to buyout the contract? It's a sizeable amount of money. We need to fix vs. maintaining the same culture of losing. Go Griffs!
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Re: The Bona Alum paying is true. -- Griff, Wed, March 08 2023, 10:30:58
So if he was in the Coaches Circle, he was a big time Canisius booster. Why he "flipped schools" might have a back story but that's a completely different thing than what was portrayed. Boosters paying large portions of coach's salaries is nothing new. Framing it as though the guy was simply Baron's best friend from college who was giving Canisius $100,000 a year towards his salary was a tad bit misleading.
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Re: The Bona Alum paying is true. -- It is true, Wed, March 08 2023, 11:41:45
He felt bad that Jim Baron got fired and thought he could help Canisius. Plus he got his son to play here so that helped the Griffs also.
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