Started By
Message
re: Sunny Golloway's lawyer fired off a scathing message to Auburn
Posted on 9/29/15 at 4:43 pm to beatbammer
Posted on 9/29/15 at 4:43 pm to beatbammer
quote:
Golloway signed his contract on the 14th day of June 2013. That's over two years into the contract, ergo fewer than three years left.
By the way, dude's base salary was only $250K per year. Three (3) coaching seasons left on his contract X $250K = $750K.
Automatic 1-year extension if Auburn has winning season in 2014, (went 36-26 and got an extension) 15 and 16
So the three you calculated, plus the one year extension = 4 years.
Buyout is $1,250,000 with four or more years(see you post) remaining on contract. Goes down $250,000 each year contract length goes down a year
2
Posted on 9/29/15 at 5:00 pm to allin2010
Over/Under negotiated buyout of $400,000
Posted on 9/29/15 at 5:16 pm to allin2010
quote:
Automatic 1-year extension if Auburn has winning season in 2014, (went 36-26 and got an extension) 15 and 16
A one year extension would still only make it $1 million if we end up paying it *all* (which we won't).
Plus, as I stated before, the "buyout" is NOT in addition to the regular contract. Its a buyout OF the base salary of the contractually committed base salary, i.e. 4 x $250,000 = $1 mil.
The fact that you and others have your panties all wadded up in the crack of your arse over $250,000 *contract dollars* is all I need to know about y'all.
Please stop pretending now that the "buyout" was a special stupid clause that JJ put in the contract. It wasn't. Its standard contractual language. Please take some Children's Nyquil and try to calm down.
Page 1 of 1
Latest Auburn News
Popular
Back to top
Follow SECRant for SEC Football News