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re: Buyout Cost Nationally-SEC

Posted on 10/25/17 at 3:37 pm to
Posted by GenesChin
The Promise Land
Member since Feb 2012
37706 posts
Posted on 10/25/17 at 3:37 pm to
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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