David Cox officially let go by URI (formerly, "Fire Cox")
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- Ernie Calverley
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Re: David Cox officially let go by URI (formerly, "Fire Cox")
Bill Koch answered my question about the years left on the Cox contract in his Projo piece 03/18/22:
The Rams owe Cox a buyout of roughly $1 million and will be negotiating a settlement with his representatives in the coming days. Cox was given a previously undisclosed one-year extension following the 2019-20 campaign and had two years remaining on his existing deal. He finished 64-55 in his four seasons with URI, and that followed a successful four years on staff as an assistant coach and associate head coach under Hurley.
Cox did get an extension after the 2019-20 season which was not made public. Seems it may have been the result of the 20+ win season rather than Covid related as the pandemic was still in its infancy with the extent of the effects that would ravage the nation not yet fully known. Not certain of the $1M figure as the original contract had the buyout at only his roughly $300k base per season after year three was completed. Perhaps some of the bonus was put back in as was the case if terminated before year three.
The Rams owe Cox a buyout of roughly $1 million and will be negotiating a settlement with his representatives in the coming days. Cox was given a previously undisclosed one-year extension following the 2019-20 campaign and had two years remaining on his existing deal. He finished 64-55 in his four seasons with URI, and that followed a successful four years on staff as an assistant coach and associate head coach under Hurley.
Cox did get an extension after the 2019-20 season which was not made public. Seems it may have been the result of the 20+ win season rather than Covid related as the pandemic was still in its infancy with the extent of the effects that would ravage the nation not yet fully known. Not certain of the $1M figure as the original contract had the buyout at only his roughly $300k base per season after year three was completed. Perhaps some of the bonus was put back in as was the case if terminated before year three.
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Re: David Cox officially let go by URI (formerly, "Fire Cox")
Why was the extension not disclosed? Why wouldn’t that want to be made public so that recruits and transfers would know the length of the HC’s contract?RF1 wrote: ↑2 years ago Bill Koch answered my question about the years left on the Cox contract in his Projo piece 03/18/22:
The Rams owe Cox a buyout of roughly $1 million and will be negotiating a settlement with his representatives in the coming days. Cox was given a previously undisclosed one-year extension following the 2019-20 campaign and had two years remaining on his existing deal. He finished 64-55 in his four seasons with URI, and that followed a successful four years on staff as an assistant coach and associate head coach under Hurley.
Cox did get an extension after the 2019-20 season which was not made public. Seems it may have been the result of the 20+ win season rather than Covid related as the pandemic was still in its infancy with the extent of the effects that would ravage the nation not yet fully known. Not certain of the $1M figure as the original contract had the buyout at only his roughly $300k base per season after year three was completed. Perhaps some of the bonus was put back in as was the case if terminated before year three.
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Re: David Cox officially let go by URI (formerly, "Fire Cox")
I read that too - it still doesn't explain the #. The extra year means $600K instead of $300K - where is the extra $400K coming from? Unless the buy out isn't just the base salary but also includes other stuff.RF1 wrote: ↑2 years ago Bill Koch answered my question about the years left on the Cox contract in his Projo piece 03/18/22:
The Rams owe Cox a buyout of roughly $1 million and will be negotiating a settlement with his representatives in the coming days. Cox was given a previously undisclosed one-year extension following the 2019-20 campaign and had two years remaining on his existing deal. He finished 64-55 in his four seasons with URI, and that followed a successful four years on staff as an assistant coach and associate head coach under Hurley.
Cox did get an extension after the 2019-20 season which was not made public. Seems it may have been the result of the 20+ win season rather than Covid related as the pandemic was still in its infancy with the extent of the effects that would ravage the nation not yet fully known. Not certain of the $1M figure as the original contract had the buyout at only his roughly $300k base per season after year three was completed. Perhaps some of the bonus was put back in as was the case if terminated before year three.
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Re: David Cox officially let go by URI (formerly, "Fire Cox")
steviep123 wrote: ↑2 years ago I read that too - it still doesn't explain the #. The extra year means $600K instead of $300K - where is the extra $400K coming from? Unless the buy out isn't just the base salary but also includes other stuff.
The buyout prior to termination after year three included some bonus money as well as the guaranteed base salary per the original contract. Only the base salary was to be the buyout if he was let go beyond year three. The only explanation for the $1M amount would be that some bonus money was put back in.
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Re: David Cox officially let go by URI (formerly, "Fire Cox")
Makes a lot of sense given Cox has very deep roots and connections to the DMV area.
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Re: David Cox officially let go by URI (formerly, "Fire Cox")
Cox recruiting for Maryland in the DMV would be a home run hire for them.
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He was a snake oil salesman...just like the rest of em
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He was a snake oil salesman...just like the rest of em
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Re: David Cox officially let go by URI (formerly, "Fire Cox")
Happy for DC! Hope he ends up there or somewhere where his skill set fits. He’s a high quality person and an excellent role model. Please just stay away from the position-less basketball philosophy, coach!
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Re: David Cox officially let go by URI (formerly, "Fire Cox")
Would make me extremely happy for him to land in such a good spot for him. Really would take care of the only hanging emotional thread in this whole saga.Da_Process_Survivor wrote: ↑2 years agoCox recruiting for Maryland in the DMV would be a home run hire for them.
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Re: David Cox officially let go by URI (formerly, "Fire Cox")
Cox to Maryland makes a lot of sense especially as a recruiter
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Re: David Cox officially let go by URI (formerly, "Fire Cox")
Yes, great news if true for David Cox and family! He would excel in that role as he did here under Hurley.
Willard may not want David to handle the timeouts strategy, however.
(I'm dying to hear from Cox his philosophy on The Cox Timeout™)
Willard may not want David to handle the timeouts strategy, however.
(I'm dying to hear from Cox his philosophy on The Cox Timeout™)
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Re: David Cox officially let go by URI (formerly, "Fire Cox")
Is Chance good enough to follow Coach Cox to Maryland?
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Re: David Cox officially let go by URI (formerly, "Fire Cox")
That would be a great fit for Dave, gets him closer to home with a solid program and coach.
I have no idea if he would have any interest in going back to Georgetown, but it’s hard to overstate just how poorly Georgetown basketball is being run right now. Unless you are convinced that Ewing can miraculously turn it around, what they’ve done is kept him (after extending him), fired two assistants, and made it very difficult to hire quality guys who know that they may only be there for a year.
I have no idea if he would have any interest in going back to Georgetown, but it’s hard to overstate just how poorly Georgetown basketball is being run right now. Unless you are convinced that Ewing can miraculously turn it around, what they’ve done is kept him (after extending him), fired two assistants, and made it very difficult to hire quality guys who know that they may only be there for a year.
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Re: David Cox officially let go by URI (formerly, "Fire Cox")
Great landing spot for Coach Cox. Very happy for him.
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Re: David Cox officially let go by URI (formerly, "Fire Cox")
He should make good money for an assistant there and be close to home. His very strong DMV connections should help Maryland.
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Re: David Cox officially let go by URI (formerly, "Fire Cox")
I'm genuinely happy for Coach Cox. Congrats, Coach.
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Re: David Cox officially let go by URI (formerly, "Fire Cox")
Good luck to Coach Cox.
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Re: David Cox officially let go by URI (formerly, "Fire Cox")
Good for coach Cox! The Maryland program snagged an excellent mentor and a solid recruiter. The fact it didn’t take long to land at a quality program speaks highly of him. Rooting for you, coach!
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Re: David Cox officially let go by URI (formerly, "Fire Cox")
Good call 77 seemed like a good landing spot
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Re: David Cox officially let go by URI (formerly, "Fire Cox")
Congratulations David Cox and Family..........
Get to go back home to Maryland
Starts immediately
Chance to start over in a new environment
Get pay out of $1 million from URI based on contract
Coaching in the Big 10 that just had 9 teams invited to the NCAA Tournament
Lot of pressure off of him and his family
Could build towards being a Head Coach again as many former Head Coaches do - if desired
Best of Luck and Thank You
Get to go back home to Maryland
Starts immediately
Chance to start over in a new environment
Get pay out of $1 million from URI based on contract
Coaching in the Big 10 that just had 9 teams invited to the NCAA Tournament
Lot of pressure off of him and his family
Could build towards being a Head Coach again as many former Head Coaches do - if desired
Best of Luck and Thank You
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Re: David Cox officially let go by URI (formerly, "Fire Cox")
Excellent news. Exactly what he needed. Couldn’t have scripted it any better.
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Re: David Cox officially let go by URI (formerly, "Fire Cox")
This is awesome. As repeated many times - he's an asset to any program. Love that he's going up a level and has a chance to go home as well.
So happy for him and the family. Will definitely miss them up here as neighbors.
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Re: David Cox officially let go by URI (formerly, "Fire Cox")
It’s a good move for him, but it’s still a little bittersweet. It’s not exactly how he hoped it would all turn out.
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Re: David Cox officially let go by URI (formerly, "Fire Cox")
I’m sure that he hoped it worked out better here, but a lot of great coaches fail at their first try. I don’t think this is the last we hear of David Cox as a HC.
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Re: David Cox officially let go by URI (formerly, "Fire Cox")
I think we all hoped it would work out better. But him landing on his feet at a great place makes me feel a lot less conflicted.
This no longer feels like bittersweet, just straight up excited for the Archie era!
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Re: David Cox officially let go by URI (formerly, "Fire Cox")
A lot of coaches, in different ways, were victims of the pandemic. I think Cox and Miller are 2 examples
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Re: David Cox officially let go by URI (formerly, "Fire Cox")
Fantastic news!!!
We're gonna run the picket fence at "em.....now boys don't get caught watchin' the paint dry!
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Re: David Cox officially let go by URI (formerly, "Fire Cox")
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Re: David Cox officially let go by URI (formerly, "Fire Cox")
Curious on his salary does anyone know ??
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Re: David Cox officially let go by URI (formerly, "Fire Cox")
Bittersweet for him and the people who really care about him, not fans.Blue Man wrote: ↑2 years agoI think we all hoped it would work out better. But him landing on his feet at a great place makes me feel a lot less conflicted.
This no longer feels like bittersweet, just straight up excited for the Archie era!
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Re: David Cox officially let go by URI (formerly, "Fire Cox")
Why can’t I be a fan and also root for the guy to do well, while being conflicted about a really good man losing his job even if it was the right thing to do for the program I root for?ace wrote: ↑2 years agoBittersweet for him and the people who really care about him, not fans.
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Re: David Cox officially let go by URI (formerly, "Fire Cox")
Don't look now Blue Man, but you pretty much perfectly described bittersweetBlue Man wrote: ↑2 years agoWhy can’t I be a fan and also root for the guy to do well, while being conflicted about a really good man losing his job even if it was the right thing to do for the program I root for?
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Re: David Cox officially let go by URI (formerly, "Fire Cox")
Ex-URI basketball coach David Cox is back in the game, now an assistant coach at Maryland
https://www.providencejournal.com/story ... 147927001/
https://www.providencejournal.com/story ... 147927001/
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Re: David Cox officially let go by URI (formerly, "Fire Cox")
Bleed Keaney Blue!
”I'm not coming there to be in the top 3 of the Atlantic 10. I'm coming to win the damn thing!”
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Re: David Cox officially let go by URI (formerly, "Fire Cox")
I think Cox can excel as a P5 assistant especially as a recruiter can make a really nice living without the stress of a head coaching job
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Re: David Cox officially let go by URI (formerly, "Fire Cox")
Good landing spot for him, and not out of work for long.....about a week lol.....
I'm sure it's decent money too.
I'm sure it's decent money too.
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Re: David Cox officially let go by URI (formerly, "Fire Cox")
so, this must save Rhody some or most of the buyout?rambone 78 wrote: ↑2 years ago Good landing spot for him, and not out of work for long.....about a week lol.....
I'm sure it's decent money too.
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Re: David Cox officially let go by URI (formerly, "Fire Cox")
I don’t know him personally, but Coach Cox always struck me as a man of strong faith. Storms in life don’t sink men of strong faith; storms strengthen their faith and ultimately make them better.
The clouds are fading and the sun is breaking through. Sail on Coach. May the wind always be at your back.
The clouds are fading and the sun is breaking through. Sail on Coach. May the wind always be at your back.
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Re: David Cox officially let go by URI (formerly, "Fire Cox")
I don’t think Cox had an offset clause. Maybe RF can check?McRam wrote: ↑2 years agoso, this must save Rhody some or most of the buyout?rambone 78 wrote: ↑2 years ago Good landing spot for him, and not out of work for long.....about a week lol.....
I'm sure it's decent money too.
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Re: David Cox officially let go by URI (formerly, "Fire Cox")
I just reread the termination clauses from the original 2018 contract and there was nothing regarding the buyout being decreased via the offset of compensation in a similar job.
Did notice that the contract did have a buyout if Cox were to terminate it. He would have owed URI $700k if he left in the first three years and $300k after that. This was lower than for Hurley and would be something worth examining when the Miller contract is made public.
Did notice that the contract did have a buyout if Cox were to terminate it. He would have owed URI $700k if he left in the first three years and $300k after that. This was lower than for Hurley and would be something worth examining when the Miller contract is made public.
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Re: David Cox officially let go by URI (formerly, "Fire Cox")
RF1 can you please post the contract file here for posterity and also the full Termination language?
Hurley’s damages were to be paid in full within 60 days to the amount equal to all remaining base salary through original contract term.
Buyout negotiations right now for Cox are likely working out paying him more than base pay but over a significantly longer multi-year term. That’s gotta be how they get near that $1M number Koch and others are confidently reporting.
Hurley’s damages were to be paid in full within 60 days to the amount equal to all remaining base salary through original contract term.
Buyout negotiations right now for Cox are likely working out paying him more than base pay but over a significantly longer multi-year term. That’s gotta be how they get near that $1M number Koch and others are confidently reporting.
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Re: David Cox officially let go by URI (formerly, "Fire Cox")
from ig
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Re: David Cox officially let go by URI (formerly, "Fire Cox")
David Cox 2018 Contract with URI
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Re: David Cox officially let go by URI (formerly, "Fire Cox")
URI/Miller contract IS public. I have it and have read it.RF1 wrote: ↑2 years ago I just reread the termination clauses from the original 2018 contract and there was nothing regarding the buyout being decreased via the offset of compensation in a similar job.
Did notice that the contract did have a buyout if Cox were to terminate it. He would have owed URI $700k if he left in the first three years and $300k after that. This was lower than for Hurley and would be something worth examining when the Miller contract is made public.
NCAAs or Bust!
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Re: David Cox officially let go by URI (formerly, "Fire Cox")
I doubt any URI players in the portal will be following Cox to Maryland.
NCAAs or Bust!
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Re: David Cox officially let go by URI (formerly, "Fire Cox")
Really?
I'm assuming Walker is good as gone. He's from DC, is a Cox guy, and can play his last year for The Terps
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He was a snake oil salesman...just like the rest of em
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He was a snake oil salesman...just like the rest of em
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