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Grantham's UGA Contract: Buyout Stipulations..........
Posted on 1/12/14 at 6:07 pm
Posted on 1/12/14 at 6:07 pm
quote:
Grantham’s buyout stipulations were decreased. He can leave for an NFL coordinator’s job or college head coaches’ job with no penalty. Meanwhile, should he make a lateral move to another college job, he’d have to pay Georgia 15 percent of his base salary ($400,000) in year one, 10 percent in year two and 5 percent in year three. That’s down from previously.
“In Todd’s situation, it just gives us protection from a lateral move.” McGarity said.
LINK.......
This is key.
As far as I can tell, Grantham is actually taking a pay-cut at his new job when this is factored in.
Was this stipulation waived for some reason?
was Grantham actually pushed out and encouraged to go find a new job. I think so.
Interesting..........
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Posted on 1/12/14 at 6:09 pm to Jefferson Dawg
I'd assume it was waived. The stipulation protects UGA as long as UGA wants to keep him. If they want him gone, I wouldn't be surprised if they let him out of it.
Posted on 1/12/14 at 6:10 pm to Jefferson Dawg
I think the 5 yr thing got Grantham,imo. He saw the writing on the wall and hauled arse.
Posted on 1/12/14 at 6:11 pm to Jefferson Dawg
L'ville may have agreed to pay it for him. Don't be surprised if he does well there with Petrino.
Posted on 1/12/14 at 6:11 pm to Jefferson Dawg
I'm curious as to why someone's contract is public knowledge. It seems in almost every other job field what you make is no one's business.
Seriously, I was wondering. Anyone have an answer?
Seriously, I was wondering. Anyone have an answer?
Posted on 1/12/14 at 6:28 pm to Jefferson Dawg
Grantham called athletics director Greg McGarity on Saturday to let him know that he would be talking with Louisville, as Grantham is required to do per his contract.
"Todd called me Saturday to let me know that Louisville wanted to talk to him," McGarity said, on Sunday evening. "I said thanks for calling. That was it."
He paying.
He risked not having a DC job with another losing season at UGA. He made a good decision taking sure money and long contract in the ACC.
"Todd called me Saturday to let me know that Louisville wanted to talk to him," McGarity said, on Sunday evening. "I said thanks for calling. That was it."
He paying.
He risked not having a DC job with another losing season at UGA. He made a good decision taking sure money and long contract in the ACC.
Posted on 1/12/14 at 7:58 pm to Jefferson Dawg
It's a lower risk job. He has a few years of excuses before the heat cranks up.
Posted on 1/13/14 at 5:19 am to Jefferson Dawg
What is that 400k number? That isn't his base salary. I read on rivals he would owe 40K. Also, how does Louisville have more money to spend on a DC than we do and why would they hire a loser like Grantham?
This post was edited on 1/13/14 at 5:21 am
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