re: Word in Lexington, money is there to get rid of Cal.

quote:

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So, it sounds like if Cal is let go, UK will give him $10-15 up front and then pay the rest out for years.

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Why ? Why would Kentucky pay him anything up front, unless for a discount ? This is the irritating, irrational thing about this damn $33 million buyout, and those that keep repeating the number like rabbits on crack.

None of it is owed up front. John Vincent Calipari is owed 75% of his contract, until the end date, if fired ... paid in monthly installments. With a deduct if he takes any other job, but the amount of that job's salary.

Kentucky owes him NOTHING up front. They have to pay a 25% premium to keep him. They literally have 25% of his yearly salary - at over $9 million - to offer a new coach at no increase in overall cost.

It costs Kentucky almost $2.5 million per year, over five years, to keep the jack-arse. Enough with everyone spouting $33 million like monkeys on crack. The boosters can pull together $10 million, pair it with the savings from firing him, and offer any coach a four year, $20 million deal. That's how the contract works. Assuming he sits at home and doesn't coach again.

Enough !!!