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re: What is a realistic timetable as to when Saban will retire?
Posted on 5/26/18 at 3:30 pm to aufbfan
Posted on 5/26/18 at 3:30 pm to aufbfan
quote:
It’s pretty common knowledge.
LINK
But I guess in the business world, most huge corporations offer great severance packages, over and above their contractual due wages, to employees who are terminated/resigned with cause... for improper business practices.
Actually it most likely was in his contract when he signed. That he would be paid his full salary for the year, and that would be it. There are several examples in the business world for it (Enron, Lehman Brothers Holdings, GM, Conseco), so you do not know what you are talking about.
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Posted on 5/26/18 at 5:31 pm to TideFaninFl
quote:The severance made his annual pay significantly higher than what he would’ve been due had he served the rest of his contract.
Actually it most likely was in his contract when he signed. That he would be paid his full salary for the year, and that would be it. There are several examples in the business world for it (Enron, Lehman Brothers Holdings, GM, Conseco), so you do not know what you are talking about.
And lol at referencing Enron and Lehman Bros as evidence of common business practice. That’s actually fricking hilarious.
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