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re: Sumlin's buyout?
Posted on 9/3/17 at 10:38 pm to Mr. Elvert
Posted on 9/3/17 at 10:38 pm to Mr. Elvert
quote:
I think he has roughly 2yrs $10 million left after this year
So basically 15 million if fired tonight?
A quick google found an article that said if he was fired last year, he would need to be paid $15 million in 60 days. Assuming a continuation of that, he'd have to get his remaining salary (a little less than $15 million) in 60 days if fired.
quote:But Miles buyout of 12.9 million is to be paid out over 6 years with an offset for other salary he earns (at least coaching salary but I have seen some reports than ANY salary is offset).
LSU paid a lot for Miles buyout. Gotta do it A and M
This post was edited on 9/3/17 at 10:41 pm
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