Official Geoff Collins Fired Watch Party Thread

[BainbridgeJacket]

But it's not "just a few weeks"

That's what I thought as well, but it's not like I've read the contract. Based on some conversations, I'm wondering if the buyout reduces after the midpoint this year or, like I've suggested previously, relieving of duties but paying thru end of the season before official termination reduces the buyout equivalently.

 

[jts1207]

We ain’t Nebraska

 

[BainbridgeJacket]

No financial reason to wait on that one. It would also give the fan base a reason to wait on a December final resolution. The most important reason is to allow the new AD the time necessary to identify and hire a new coach in December.

I'm pretty sure his contract has a termination clause that involves us losing money as well, just not sure on the details.

 

[BainbridgeJacket]

If Georgia Tech wants to fire Geoff Collins prior to 2023, they will need to pay him 100% of his remaining contract salary: $10.5 million plus.

Collins’ original seven-year contract guarantees his full salary if he is relieved of his duties as head coach at any point during the first four years of his contract. The 2022 season is Collins’ fourth year at Georgia Tech. The buyout drops to $2.4 million for each remaining season, beginning in 2023.


His annual salary looks like this:

• 2019: $3 million
• 2020: $3.1 million
• 2021: $3.2 million
• 2022: $3.3 million
• 2023: $3.4 million
• 2024: $3.5 million
• 2025: $3.6 million

Do you have the actual contract language?

 

[BrentwoodJacket]

If we don’t hear anything by tomorrow, I think it’s safe to assume Geoff Collins will be the first P5 coach to ‘quiet quit”.

What would be required to fire him for cause?

 

[gtfan088]

If we don’t hear anything by tomorrow, I think it’s safe to assume Geoff Collins will be the first P5 coach to ‘quiet quit”.

It would probably lead to better results on the field.

 

[wesleyd21]

Do you have the actual contract language?

Hencetoforth WHEREAS Georgia Tech football is thus screwedithed.

 

[Deorex]

Hencetoforth WHEREAS Georgia Tech football is thus screwedithed.

this made me laugh out loud

 

[ThomsonJacket]

I find it hard to believe there isn't some type of performance clause that would allow early termination with reduced buy out.

 

[Akinji07]

 

[ParkinJacket]

I find it hard to believe there isn't some type of performance clause that would allow early termination with reduced buy out.

Do you really now? Are you new to Tech athletics contracts?

 

[BrentwoodJacket]

I find it hard to believe there isn't some type of performance clause that would allow early termination with reduced buy out.

Don't you know our AD by now?

 

[ThomsonJacket]

Do you really now? Are you new to Tech athletics contracts?

Oh no, but the Hewitt burn should've been a lesson.

 

[gtfan088]

I find it hard to believe there isn't some type of performance clause that would allow early termination with reduced buy out.

All future contracts should have a Geoff clause where if you have more penalties than points over a four-game span vs. FBS opponents, you stop collecting checks.

 

[ThomsonJacket]

Don't you know our AD by now?

He's supposed to be smart, right?

 

[verdi]

I’m hearing a buyout is being arranged. Thacker to be interim head coach.

 

[gt2690b]

If Georgia Tech wants to fire Geoff Collins prior to 2023, they will need to pay him 100% of his remaining contract salary: $10.5 million plus.

Collins’ original seven-year contract guarantees his full salary if he is relieved of his duties as head coach at any point during the first four years of his contract. The 2022 season is Collins’ fourth year at Georgia Tech. The buyout drops to $2.4 million for each remaining season, beginning in 2023.


His annual salary looks like this:

• 2019: $3 million
• 2020: $3.1 million
• 2021: $3.2 million
• 2022: $3.3 million
• 2023: $3.4 million
• 2024: $3.5 million
• 2025: $3.6 million

Thanks for reminding me how much we need to fire tstan

 

[ThomsonJacket]

I've been trying to think of a college head coach that is more inept than Collins. I can't think of one.

 

[cyptomcat]

Who?

 

[ThomsonJacket]

I’m hearing a buyout is being arranged. Thacker to be interim head coach.

That'd be par for the course