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re: SOB!!! Total buyout for Chizik and assistants is just over $11 million!
Posted on 11/25/12 at 2:15 pm to JAF65
Posted on 11/25/12 at 2:15 pm to JAF65
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.
•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.
1
Posted on 11/25/12 at 2:20 pm to Big_Stache
I was under the impression that this figure dropped dramatically just by waiting until 12/1...down to around the 7MM level. Seems foolish to pull the trigger now if that be true unless they know they are going to get to void a good portion of it because of the NCAA investigation.
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