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re: Let's guess the coaching staff
Posted on 12/15/17 at 2:19 am to BloodSweat&Beers
Posted on 12/15/17 at 2:19 am to BloodSweat&Beers
Speaking of staffs. STRICKLIN LEARNED NOTHING FROM THE MAC EXTENSION BS. How the frick is Mullens buyout $12M regardless of the year he's fired? That's terrible negotiating.
At least make him earn a huge buyout.
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Dan Mullen contract terms: $6 million annually over six seasons. UF has a $12 million buyout if let Mullen go, while Mullen would pay $2 million to get out of deal.
4:09 PM - Nov 27, 2017
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Stricklin said the $12 million buyout is a flat figure regardless of how many years are left on Mullen’s contract. #Gators
4:18 PM - Nov 27, 2017 · Gainesville, FL
At least make him earn a huge buyout.
This post was edited on 12/15/17 at 2:27 am
Posted on 12/15/17 at 8:46 am to TJGator1215
quote:
Stricklin said the $12 million buyout is a flat figure regardless of how many years are left on Mullen’s contract. #Gator
It is $12 million for most of the contract, but it does reduce should the value of the remaining contract be less than that.
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As for the buyout at a flat $12 million until the remaining value of the contract is lower, Stricklin explained the reasoning behind that structure: “The very fact we did it that way is I didn’t want to get in a deal where there was pressure to do an extension just for guaranteed money’s sake. We can extend the contract based on when it makes sense and not have to feel pressure to do because of the guaranteed piece,” he said.
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