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SOB!!! Total buyout for Chizik and assistants is just over $11 million!

Posted on 11/25/12 at 2:08 pm
Posted by JAF65
Houma,La
Member since Sep 2007
800 posts
Posted on 11/25/12 at 2:08 pm
If this is true....WOW!

Posted by Choupique19
The cheap seats
Member since Sep 2005
61745 posts
Posted on 11/25/12 at 2:09 pm to
That's gonna put a dent in the buying recruits budget.
Posted by Nortizzle
Posibarner™ Captain
Member since Nov 2006
23170 posts
Posted on 11/25/12 at 2:09 pm to
:omg:
Posted by Warfarer
Dothan, AL
Member since May 2010
12120 posts
Posted on 11/25/12 at 2:10 pm to
Thought it was around 10 but that is a drop in the bucket if they brought him back and didn't sell 15000 season tickets next year.
Posted by beaver
The 755 Club
Member since Sep 2009
46861 posts
Posted on 11/25/12 at 2:10 pm to
Money isn't a problem for sure
Posted by Bamamojo
Member since Sep 2010
416 posts
Posted on 11/25/12 at 2:11 pm to
Gettin paid
Posted by Supravol22
Member since Jan 2011
14410 posts
Posted on 11/25/12 at 2:11 pm to
ERMAHGERD
Posted by Warfarer
Dothan, AL
Member since May 2010
12120 posts
Posted on 11/25/12 at 2:11 pm to
Also, I heard last night that the money has been put together for a month and the buyout will probably be negotiated so no one will know what the actual buyout will end up.
Posted by shang1
Baton Rouge, La
Member since Jul 2012
621 posts
Posted on 11/25/12 at 2:11 pm to
Definitely cut into the pay to play budget.
Posted by Working Dawg
DALLAS
Member since Sep 2012
648 posts
Posted on 11/25/12 at 2:12 pm to
Nah it's only 200k for scam so they could cover that by charging a nickel more on hot dogs
Posted by Grasshopper
Ocean Springs, MS
Member since Dec 2007
948 posts
Posted on 11/25/12 at 2:12 pm to
If the NCAA thing plays out and they find violations that would probably void their buyout.
Posted by rangers911
Member since Jun 2009
5159 posts
Posted on 11/25/12 at 2:12 pm to
I was under the impression it was 9.5 Million, maybe that's if we waited till the first of the year, can't remember.

That's a drop in the bucket for what some were willing to withhold if AU didn't replace Chizik.

Also there is a 21 Mil budget for the new coaching hires, also to replace the existing ones.
Posted by East Coast Band
Member since Nov 2010
62717 posts
Posted on 11/25/12 at 2:13 pm to
$11,000,000 is about what a BCS bowl payout is, isn't it?

how ironic.
Posted by blacknblu
Member since Nov 2011
10276 posts
Posted on 11/25/12 at 2:13 pm to
Boosters got this









Am I doing it right?
Posted by siliconvalleytiger
Bay Area, CA
Member since Apr 2004
31157 posts
Posted on 11/25/12 at 2:14 pm to
Parting with family is expensive.
Posted by Big_Stache
Spanish Fort, Al
Member since Oct 2012
59 posts
Posted on 11/25/12 at 2:15 pm to
Information on Auburn Football Buyout

•The total buyout for Coach Gene Chizik and his nine full-time assistants is $11.09 million.
•Six assistant coaches will be paid the remainder of their 2012-13 contracts in equal monthly installments until its conclusion on June 30, 2013.
•Three coaches – Brian VanGorder, Scot Loeffler and Trooper Taylor – have contracts that expire on June 30, 2014. They will be paid in equal installments over the next 18 months.
•Chizik’s buyout will be paid in monthly installments through four fiscal years concluding in 2015-16.
•All buyout figures could decrease with future employment.
Posted by RLDSC FAN
Rancho Cucamonga, CA
Member since Nov 2008
51413 posts
Posted on 11/25/12 at 2:15 pm to
holy shite
Posted by East Coast Band
Member since Nov 2010
62717 posts
Posted on 11/25/12 at 2:16 pm to
quote:

Parting with family is expensive.


ask anyone who's gone through a nasty, contested divorce.
Posted by kywildcatfanone
Wildcat Country!
Member since Oct 2012
118884 posts
Posted on 11/25/12 at 2:18 pm to
Did the current AD give those contracts/buyouts? If so, he should go too....
Posted by Nortizzle
Posibarner™ Captain
Member since Nov 2006
23170 posts
Posted on 11/25/12 at 2:18 pm to
quote:

ERMAHGERD


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