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re: Brandon Walker says Saturday will be Arnett's last game at State
Posted on 11/9/23 at 9:05 am to nicholastiger
Posted on 11/9/23 at 9:05 am to nicholastiger
quote:
What kind of contract did Arnett get?
What is the buyout?
Peanuts....
“Arnett got a four-year deal that pays $3 million a year. His buyout calls for him to get 50 percent of the remaining amount on the contract. That means Mississippi State would owe Arnett $4.5 million over three years if it fired him after this season. But unlike Napier’s deal, Arnett’s also includes a duty to mitigate.”
1
Posted on 11/9/23 at 9:21 am to allin2010
quote:
Peanuts
quote:
Arnett got a four-year deal that pays $3 million a year. His buyout calls for him to get 50 percent of the remaining amount on the contract. That means Mississippi State would owe Arnett $4.5 million over three years
So he gets somewhere around...
2023 $3.0m
2024 $1.5m
2025 $1.5m
2026 $1.5m
-----
total $7.5m
...for coaching one year. Sign me up.
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