Chuck Schwartz
New member
Re: Fire Mike Eaves?
That makes a firing seem much more reasonable if they were to go that route. A million dollar buyout is probably unreasonable for the hockey program...a 350k buyout is certainly possible.
I mean, considering the dip in attendance over the past few years...it might be the smart financial move. For every 1,000 seats not filled for a game that's 25k. Attendance is down about 3k per night from usual when Wisconsin is good. 75k times 20 home dates is 1,500,00 M per season they are losing.
Wisconsin Hockey: Do the math
Depends on if the contract has a buyout clause or if a buyout can be negotiated. If no buyout is reached, the university would be on the hook for the difference between the salary in the contract and what he would be making at the different job. Most likely they would negotiate a buyout because Eaves would get that money regardless of what his new job pays and it would open up his employment options because he would not have to report his new salary to the university which is super to a FOIA request.
Assuming eaves believes he can get a new job with little trouble, I'd guess that a buyout of about ~1/3 of the total remaing contract value would be enough. It would also allow eaves to save face by resigning as opposed to having his contract terminated.
That makes a firing seem much more reasonable if they were to go that route. A million dollar buyout is probably unreasonable for the hockey program...a 350k buyout is certainly possible.
I mean, considering the dip in attendance over the past few years...it might be the smart financial move. For every 1,000 seats not filled for a game that's 25k. Attendance is down about 3k per night from usual when Wisconsin is good. 75k times 20 home dates is 1,500,00 M per season they are losing.
Wisconsin Hockey: Do the math
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