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Tennessee makes final buyout payment to Derek Dooley
Posted on 12/15/16 at 4:56 pm
Posted on 12/15/16 at 4:56 pm
quote:LINK
The University of Tennessee was scheduled to make its final payment to its former football coach this month as part of his buyout four years ago.
Dooley was fired by Tennessee on Nov. 18, 2012, with one game remaining in the regular season. The university had to pay $5 million to buy out the remainder of Dooley’s contract. The guaranteed payments were due in installments of $102,049 per month through December of this year.
The university owed Dooley’s entire staff nearly $9.36 million in potential buyout money, including $645,000 guaranteed to Jim Chaney, who is now the offensive coordinator at Georgia.
First time in eight years that Tennessee doesn't owe buyout money to a coach.
17
Posted on 12/15/16 at 4:57 pm to Bench McElroy
quote:
First time in eight years that Tennessee doesn't owe buyout money to a coach.
Till next week
Posted on 12/15/16 at 4:59 pm to Bench McElroy
It's a shame how that school treated him. Never gave him a chance to succeed.
Posted on 12/15/16 at 5:16 pm to TidenUP
quote:
It's a shame how that school treated him. Never gave him a chance to succeed.
Lol, wut?
Posted on 12/15/16 at 5:21 pm to Vols&Shaft83
Great coach, his legacy on rocky top will live forever
Posted on 12/15/16 at 5:21 pm to Bench McElroy
Jones' marginal success is attributable to the foundation laid by Dooley. Derek got absolutely shafted by the admins at UT.
Posted on 12/15/16 at 5:26 pm to TidenUP
The story of Derek Dooley is a lesson on the value of a good AD.
UT lost the bubble on that and the program's equilibrium has yet to reset.
UT lost the bubble on that and the program's equilibrium has yet to reset.
Posted on 12/15/16 at 5:30 pm to Bench McElroy
quote:
Jim Chaney, who is now the offensive coordinator at Georgia.
lulz
Posted on 12/15/16 at 5:44 pm to Bench McElroy
Hell Yes!
Posted on 12/15/16 at 5:53 pm to Bench McElroy
$100k per month to be one of the biggest failures in your occupation ever. What kind of world is this?
Posted on 12/15/16 at 5:53 pm to TidenUP
Tiden has jokes 
Posted on 12/15/16 at 5:55 pm to Bench McElroy
I feel like Hart is still paying Donnie Tyndall even with the 10 year show cause... He's that terrible of an AD.
Posted on 12/15/16 at 6:19 pm to reggierayreb
quote:
I feel like Hart is still paying Donnie Tyndall even with the 10 year show cause... He's that terrible of an AD
Hart isn't paying Tyndall or Martin shite. Hart may have made some lackluster hires, but fiscally irresponsible he is not.
Hamilton is the one who made the bone headed hires then multiplied the stupidity by giving ridiculous buyouts and absurd extensions. We were still paying Fulmer after we fired Dooley. We paid Monte Kiffin a $1 Million bonus after Lane bolted for USC because he stayed employed at UT after January 20th.
When Hart took over for Hamilton, he inherited an absolute financial disaster and was able to turn the ship completely around in 5 years. We now have one of the most profitable ADs in the country, have been back comfortably in the black, and 5 years ago we were running huge deficits and swimming in red ink.
I'm glad he's on his way out, because Blackburn will actually use the money we have now to go after the top names that Hart was afraid to, but I'm glad he was here when he was.
Posted on 12/15/16 at 7:15 pm to TidenUP
quote:
It's a shame how that school treated him. Never gave him a chance to succeed.
And there are so many here who don't believe Bammers are capable of satire.
Posted on 12/15/16 at 7:20 pm to Vols&Shaft83
Shaft is right 
Everything has been a crap show even now. That's how bad it's been administratively.
Hart has been better than he's being given credit for.
Everything has been a crap show even now. That's how bad it's been administratively.
Hart has been better than he's being given credit for.
Posted on 12/15/16 at 7:31 pm to logjamming
quote:
Jones' marginal success is attributable to the foundation laid by Dooley. Derek got absolutely shafted by the admins at UT.
In that case, Barack Obama's marginal success is attributable to the foundation laid by George W. Bush.
Posted on 12/15/16 at 8:28 pm to Bench McElroy
Posted on 12/15/16 at 8:31 pm to HarryBalzack
They'll be paying another one after the 2017 season.
Posted on 12/15/16 at 8:31 pm to Bench McElroy
Dooley to LSU as special teams coach 
Posted on 12/15/16 at 8:33 pm to Bench McElroy
So, ticket prices should be going down for '17??
Isn't 102,049 just about the exact seat capacity of Neyland?
Isn't 102,049 just about the exact seat capacity of Neyland?
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