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re: So if Tennessee loses to Arkansas...more Jon Gruden rumors to come?
Posted on 10/2/15 at 8:50 am to StarkRebel
Posted on 10/2/15 at 8:50 am to StarkRebel
quote:
hought I read somewhere that if TN canned him this year it would be 10 million.?
Not even close. If he's fired before February 28th, 2016, the buyout is $4 Million. If he's fired after March 1st, 2016, the buyout is only $2 Million.
Contrary to the popular opinion of the Simpletons of fricktardia, we could easily afford to fire Jones.
Now, we're not going to, unless something crazy happens, until after March 1st, 2016.
This post was edited on 10/2/15 at 8:56 am
3
Posted on 10/2/15 at 8:55 am to Vols&Shaft83
quote:
we could easily afford to fire Jones.
Is it too early to can him though? I feel like ya'll were all in on him.
Posted on 10/2/15 at 8:55 am to Vols&Shaft83
That is the buyout if he leaves to take another job.
The buyout if he is fired goes down $5,479.45 every day until it reaches $0 on Feb. 28, 2021 (which is when his contract runs out).
If he is fired after the 2016 season (which is the earliest I could see him being fired), he would be owed just over $8.5M minus his future earnings through 2/28/21.
See Section 3.1.1
The buyout if he is fired goes down $5,479.45 every day until it reaches $0 on Feb. 28, 2021 (which is when his contract runs out).
If he is fired after the 2016 season (which is the earliest I could see him being fired), he would be owed just over $8.5M minus his future earnings through 2/28/21.
See Section 3.1.1
Posted on 10/2/15 at 9:00 am to Vols&Shaft83
quote:if his buyout is 2 dollars perhaps.
we could easily afford to fire Jones.
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