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re: Who approves the Athletic Director buyout?
Posted on 9/20/16 at 4:08 pm to Rhino5
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
1
Posted on 9/20/16 at 4:10 pm to GenesChin
quote:
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.
Ahhhh. Thanks.
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