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15 Million Buyout???
Posted on 10/12/17 at 7:33 am
Posted on 10/12/17 at 7:33 am
Bielema's actual buyout is determined by a formula included within the language of his original deal, which was made effective Dec. 4, 2012, and signed the next August.
It uses the $15.4 million figure as a numerator and divides that by the total number of months (97) in the full term of his contract. That figure of $158,762.88, called the "monthly value of the total guaranty payment," would then be multiplied by the remaining number of months on the contract, which runs through Dec. 31, 2020.
Based on that equation, Arkansas would owe Bielema about 5.874 million to terminate his contract after the season concludes Nov. 24, plus a prorated amount for any partial months of employment."
LINK /
Looks like Arkansas isn't in as much of a pickle as people thought.
This post was edited on 10/12/17 at 7:39 am
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Posted on 10/12/17 at 7:33 am to BoarEd
Meh you beat me to it. What glorious news this is.
Posted on 10/12/17 at 7:39 am to arkiebrian
Had to trim that up a bit. Copy pasta before coffee. Haha
Yes, good news indeed.
Yes, good news indeed.
Posted on 10/12/17 at 7:42 am to BoarEd
Hope you all make it to the other side 
Posted on 10/12/17 at 7:45 am to flyAU
Thanks, baw.
I think Auburn could help things by just giving Arkansas a repeat of last year's performance. Lol
I think Auburn could help things by just giving Arkansas a repeat of last year's performance. Lol
Posted on 10/12/17 at 7:45 am to BoarEd
Arkansas gets Alabama before Auburn. frick. RIP, baws.
Posted on 10/12/17 at 7:47 am to BoarEd
Best news all year. Although unfortunately I still don't see this happening.
Posted on 10/12/17 at 7:48 am to bayouhillbilly
It's happening.
Posted on 10/12/17 at 7:50 am to BoarEd
So what does Bert get if, say, he resigns after Saturday’s humiliating loss?
Posted on 10/12/17 at 7:52 am to arkiebrian
quote:
So what does Bert get if, say, he resigns after Saturday’s humiliating loss?
I would think 0 or whatever he could negotiate prior to resigning. I would vote for $1. I think that's a great compromise.
Posted on 10/12/17 at 7:53 am to TTsTowel
quote:
Arkansas gets Alabama before Auburn. frick. RIP, baws.
I just hope nobody gets hurt at this point.
Posted on 10/12/17 at 7:55 am to BoarEd
Hey Hawgs Fans
Just a little whisper in your ear. But I heard LES MILES is looking for a head coaching job again. I believe at one time he was interested in coaching at Arkansas.
Im sure some Tiger Rant fans may know how to contact him if yall are interested.
Just a little whisper in your ear. But I heard LES MILES is looking for a head coaching job again. I believe at one time he was interested in coaching at Arkansas.
Im sure some Tiger Rant fans may know how to contact him if yall are interested.
Posted on 10/12/17 at 7:55 am to BoarEd
That legal counsel for the ardemgaz better be right because this is fantastic news.
Posted on 10/12/17 at 7:57 am to ReelTiger1
Why would Arkansas want a coach who Bert had no problem beating? Shows how terrible of a coach said coach must be.
Posted on 10/12/17 at 7:57 am to ReelTiger1
That won't happen. Les Miles lost too many games at LSU with superior talent. He's a good coach, but not good enough to do well at Arkansas. I mean, hell, look at Bielema. He is a good coach too, but not good enough for these circumstances.
Posted on 10/12/17 at 7:58 am to ReelTiger1
I’d take Les in a heartbeat.
Posted on 10/12/17 at 7:58 am to arkiebrian
My heart would stop.
Posted on 10/12/17 at 7:59 am to arkiebrian
You'd take the guy that refers to Arkansas as R-Kansas in a heartbeat?
Posted on 10/12/17 at 7:59 am to BoarEd
He gone
Posted on 10/12/17 at 7:59 am to BoarEd
Well, hear is another little secret.
LES MILES frickING SUCKS....I wouldn't let him coach a YMCA flag football team
LES MILES frickING SUCKS....I wouldn't let him coach a YMCA flag football team
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