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re: Buyout Cost Nationally-SEC
Posted on 10/25/17 at 3:37 pm to weaglebeagle
Posted on 10/25/17 at 3:37 pm to weaglebeagle
quote:
How is Mark Stoops buyout so high?
His extension has him signed through 2022
The real key for all these buyouts are offset language. If buyout payments are offset by any income earned, it could be drastically reduced.
For example, Jimbo Fisher would be hired by someone. So if he has offset language and Auburn hired him for $4mil/year, FSU's buyout ends up buying only about $10mil
This post was edited on 10/25/17 at 3:40 pm
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