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Eye On College Basketball

🚨Gregg Marshall has resigned from Wichita State and will be paid $7.75 million to do so (Emergency Podcast)

Eye On College Basketball

CBS Sports

Sports, Basketball

4.62.8K Ratings

🗓️ 17 November 2020

⏱️ 24 minutes

🧾️ Download transcript

Summary

After being credibly accused of physical and verbal assault of multiple former players, student-athletes and an assistant coach -- and denying the physical assault in October -- Gregg Marshall stepped down Tuesday as coach of the Wichita State men's basketball program. This emergency pod provides context as to why WSU felt it necessary to pay Marshall $7.75 million to leave, discusses if Marshall will return to coach in college, and ends with the initial list of candidates to replace him in 2021.

Transcript

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0:00.0

I told you it was emergency podcast season. Yes, two episodes in the feed on the same day. That is not a mistake on Tuesday morning Greg Marshall and which

0:09.7

Toast State announced jointly that Marshall would be resigning from the University effective immediately. And for doing so, the university will pay him almost eight million dollars.

0:21.4

Big breaking but unsurprising news earlier today with toast state and Greg Marshall have indeed parted ways Greg Marshall has resigned but gets a big buyout.

0:35.3

Norlander you wrote the headline for CBS sports.com. Tell the people what they need to know.

0:40.1

Yeah. So this was expected that they were going to sever ties.

0:46.1

Came a couple days later than I think was the anticipated timeline.

0:51.0

The headline associated with the fact that he is resigning is the fact that Marshall and his lawyers settled for seven point seven five million dollars coming into his bank account for the next six years as terms of this split. Now,

1:10.2

parish before we get into a couple details and what I've learned about this.

1:15.6

Understanding that Marshall had a seven year rolling contract that it renewed with the start of every fiscal year. Marshall's contact continually renewed it always was at seven years.

1:25.1

Understanding that understanding that he would have had language in his contract that would have forced a significant buyout if they were going to fire him for cause.

1:35.5

Understanding that clearly he was effectively proven to have punched one of his players, choked one of his assistants verbally abused plenty of other people inside and outside the program.

1:46.6

And I say effectively proven because if it wasn't true, then this wouldn't be happening. So with all of that out there.

1:53.3

How bad of a look do you think it is for not just witch toast state, but maybe the college coaching complex, the coaching industry college athletics.

2:02.4

Regardless of the legal stuff that went into this, the fact that we can have Marshall accused of what he was accused of, but he gets to walk away and gets paid seven point seven five billion to do so.

2:12.3

It's only a bad look if you don't understand how these things work. I'm confident, which is all state didn't want to give great Marshall eight million dollars to go away.

2:19.2

But if you would have tried to fire him for cause, he would have sued you immediately and who knows where that goes. You could end up losing a lawsuit.

2:27.9

And then if it's seven years rolling, I believe that would put his contract in excess of $23 million.

2:34.9

So you could lose a lawsuit and then I'm having to play pay 23 million dollars more than that or just get out of it for nearly eight million right now.

2:43.0

Plus you end up in court. That's a lot of depositions and a lot of uncomfortable questions or possibly uncomfortable questions start getting asked.

2:50.8

Who knew what when did nobody really know about this back in 2015, 16, 17.

2:57.7

If you knew about it and you kept him then, why are you trying to fire him in 2020?

3:04.2

I don't know who would have won a lawsuit. I just know that there would have been a lawsuit and clearly somebody smarter than me and smarter than you.

...

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