Started By
Message
Who approves the Athletic Director buyout?
Posted on 9/20/16 at 4:00 pm
Posted on 9/20/16 at 4:00 pm
I didn't know Jay Jacobs has a buyout clause. How does it get approved?Anyone know more details about it?
4
Posted on 9/20/16 at 4:02 pm to Rhino5
also who approved Gus's additional $2M added to his buyout this year?
Posted on 9/20/16 at 4:08 pm to Rhino5
quote:
I didn't know Jay Jacobs has a buyout clause. How does it get approved?Anyone know more details about it?
He doesn't have a buyout, just a contractual obligation to pay him. If we fire him, we continue to pay him until the contract is over.
A buyout is like what we have for Gus, where he is paid a reduced sum if fired
Posted on 9/20/16 at 8:56 pm to Rhino5
I wish I could have a buyout in my contract. I'd perform so shitty at this point
Posted on 9/21/16 at 7:04 am to Rhino5
He'll quietly "retire" or take a lesser role in the athletic department to "concentrate on his personal/family life". Zero chance he is fired per se.
Page 1 of 1
Latest Auburn News
Back to top
Follow SECRant for SEC Football News