Moyes signed a short-term deal in November and helped West Ham climb out of relegation trouble to secure a 13th-placed finish but the Scot parted ways with the London outfit on Wednesday.
We can then compare the scenario we find ourselves in now with another similar time, which was last at the end of the 2010/11 season, in that we are approaching the Summer ahead of our second season back in the premier league.
"I have a contract with Newcastle", said the former Real Madrid boss at a Q&A in Italy this week.
He also guided Shakhtar to the round of 16 in this year's Champions League before losing to Roma and they have won the domestic Double this season.
Newcastle would receive £6m in compensation if West Ham were able to lure Benitez to London.
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"Ivan Gazidis likes Rafa Benitez and the possibility of someone to bring stability to the club right away", he said on his official Youtube channel. "He could go to West Ham, lose the first five games and it's like, 'What [are] you doing here?'"
The FC panel pore over the next manager odds for West Ham and Everton.
"That will all depend on whether Mike Ashley will back him financially in the transfer market".
Not including gate receipts, merchandise sales, shirt sponsorship and other deals that the club has, Newcastle will have received over £123m for finishing where they did in the league and the various other payments the league pays.
The Newcastle fans would love Benitez to still be in charge at the start of the 2018/19 season.
"He's doing a great job at Newcastle but, of course, we all know the limitations of it".