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re: Has a major program ever retained a coach with zero support because of the buyout cost?

Posted on 10/23/22 at 10:10 pm to
Posted by TrueLefty
St. Louis County
Member since Oct 2017
15076 posts
Posted on 10/23/22 at 10:10 pm to
quote:

Buyouts are typically reduced by whatever that coach ends up making in their next job. So if your buyout is 10m a year for five years, and your next job is 4 m, then only 6m is owed. Also, there are clauses that require you to seek employment, you can't do what Ed O did, that was a special agreement and not typical.

Therefore, don't look at that buyout number for a coach as something you necessarily have to pay. Jimbo's could be different, I'm just commenting in general.



That is dumb if the AD does that. Might as well say just 1 million a year.
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