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re: So if Tennessee loses to Arkansas...more Jon Gruden rumors to come?

Posted on 10/2/15 at 8:55 am to
Posted by volfan30
Member since Jun 2010
40965 posts
Posted on 10/2/15 at 8:55 am to
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
Posted by Vols&Shaft83
Throbbing Member
Member since Dec 2012
69956 posts
Posted on 10/2/15 at 9:05 am to
quote:

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.




Basically, if he gets another job immediately, that helps us tremendously.
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