So I read Gott’s contract here: http://media.scout.com/media/doc/92/927822.pdf
Highlights:
His base salary is $750,000 and runs to end of 2018.
Bad News:
This is a roughly $3.4 million payout. That’s a lot for one of the poorest programs in ACC (and we are I have posted on this before and linked to sources).
Good News:
It doesn’t have to be paid in lump sum, rather it would be paid out monthly through 2018. $750,000 could easily be made by simply filling the empty seats in the arena which a GREAT coach could do.
More Good News:
Also, there is a clause that states: “COACH acknowledges obligation to minimize payments due and agrees to make every reasonable effort to obtain other employment and be compensated at commensurate rate.”
Conclusion:
So, if the apologist are correct, and Gott is a valuable coaching commodity, then we should have no trouble firing him b/c he’d easily land on his feet and provide an efficient means for us to hire Archie Miller.
Assuming he’s a good coach and could obtain employment, we have no financial reason to keep him around. Also a strong argument could be made that additional revenue from a GREAT coach would easily cover the $750,000 annual payout.
