Despite the fact the DePaul AD Jeanne Ponsetto has announced publically that Jerry Wainwright's job is safe, and there were no plans to fire him, I have heard some rumors that are quite different.
This may take a while to happen, and there is still a chance it might not happen, but here are the rumors that are leaking out--
Jerry Wainwright has reportedly 3 years left on a contract extension, and DePaul is reluctant to pay the entire contract amount to buy him out. They don't want to spend the cash to pay the entire contract amount. So they are trying to force Wainwright to leave.
DePaul has offered what they think is a fair settlement to buy Wainwright out of the remaining years, but Wainwright will not accept anything less than a full buyout. So since Wainwright has a number of years left on his contract, DePaul has decided to fire everyone else on his staff that can be fired, since they are all on 1-year contracts. They hoped this would force Jerry to settle and take the buyout offer.
So assistant Scott Wainwright has already been fired, and the other assistants have supposedly been told to head off to the Final Four and look for other employment. DePaul hopes that with no assistants, Wainwright will finally take their offer and leave. Sounds bizarre, but it comes from a source that is believeable.
This may take a while to happen, and there is still a chance it might not happen, but here are the rumors that are leaking out--
Jerry Wainwright has reportedly 3 years left on a contract extension, and DePaul is reluctant to pay the entire contract amount to buy him out. They don't want to spend the cash to pay the entire contract amount. So they are trying to force Wainwright to leave.
DePaul has offered what they think is a fair settlement to buy Wainwright out of the remaining years, but Wainwright will not accept anything less than a full buyout. So since Wainwright has a number of years left on his contract, DePaul has decided to fire everyone else on his staff that can be fired, since they are all on 1-year contracts. They hoped this would force Jerry to settle and take the buyout offer.
So assistant Scott Wainwright has already been fired, and the other assistants have supposedly been told to head off to the Final Four and look for other employment. DePaul hopes that with no assistants, Wainwright will finally take their offer and leave. Sounds bizarre, but it comes from a source that is believeable.
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