ISU to pay Nurse 175K
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    Re: ISU to pay Nurse 175K

    Quote Originally Posted by jamestaylor View Post
    Jerry Crawford?



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    Re: ISU to pay Nurse 175K

    Quote Originally Posted by 83Clone View Post
    Jerry Crawford?

    Im guessing...


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    Re: ISU to pay Nurse 175K

    Great post, nolookpass!



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    Re: ISU to pay Nurse 175K

    Who cares, we still came out ahead money-wise and coach-wise.

    "Malchow pointed out that Iowa State will receive $800,000 from Creighton as a result of McDermott's departure, based on that contract."



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    Re: ISU to pay Nurse 175K

    Quote Originally Posted by jamestaylor View Post
    That's interesting...



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    Re: ISU to pay Nurse 175K

    so he made about 200K in a couple days work. not too bad.



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    Re: ISU to pay Nurse 175K

    50,000 per day and then gets his own job back.....so ISU gets 800k from Creighton - 175.

    Still netting 625 thousand.


    @RandomGeoFacts

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    Re: ISU to pay Nurse 175K

    If I was Nurse and I got my original job right back, I'm pretty sure I wouldn't feel right taking a buyout. Oh well.

    It's too bad McDermott didn't wait a week to announce Nurse.



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    Re: ISU to pay Nurse 175K

    Since it was only a verbal agreement, Iowa State could have gotten out of this nearly scott free. Not sure why they felt obligated to pay him that much. I could see $50K for the trouble, or something like that. The payout from Creighton shouldn't matter. It's not like our athletic department is swimming in money!



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    Re: ISU to pay Nurse 175K

    Quote Originally Posted by JJ4ISU View Post
    Since it was only a verbal agreement, Iowa State could have gotten out of this nearly scott free. Not sure why they felt obligated to pay him that much. I could see $50K for the trouble, or something like that. The payout from Creighton shouldn't matter. It's not like our athletic department is swimming in money!
    no kidding. Some act like the money we got from Mc Dermotts buyout makes this OK. Im not seeing it.


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    Re: ISU to pay Nurse 175K

    Quote Originally Posted by mj4cy View Post
    50,000 per day and then gets his own job back.....so ISU gets 800k from Creighton - 175.

    Still netting 625 thousand.
    Don't forget about the buyout for the other coaches, travel involved with hiring Hoiberg as well as all the other legal and hiring type fees involved with hiring a new coach. My guess is that ISU did not come out very far ahead on the deal money-wise.



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    Re: ISU to pay Nurse 175K

    his salary=130 per year
    settlement 175
    lawyers fees=1/3 of settlement
    do the math


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    Re: ISU to pay Nurse 175K

    Quote Originally Posted by jamestaylor View Post
    no kidding. Some act like the money we got from Mc Dermotts buyout makes this OK. Im not seeing it.
    "We?"


    LOL!



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    Re: ISU to pay Nurse 175K

    Quote Originally Posted by twojman View Post
    Don't forget about the buyout for the other coaches, travel involved with hiring Hoiberg as well as all the other legal and hiring type fees involved with hiring a new coach. My guess is that ISU did not come out very far ahead on the deal money-wise.
    Don't forget that we had a lame duck coach that we couldn't afford to fire on our own, so even if didn't come out ahead at all it was a win.



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