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re: USA Today Releases Current Coaching Salaries
Posted on 10/3/18 at 12:38 pm to Hugh McElroy
Posted on 10/3/18 at 12:38 pm to Hugh McElroy
quote:quote:quote:
It's not so much of a buyout as it is he's fully guaranteed.
so that means A&M would have to pay him his full contract amount even if he's fired for cause?
Of course not. Only if he is fired without cause.
So he's not exactly "FULLLY guaranteed", it's more like a buyout...?
Posted on 10/4/18 at 11:19 pm to WildTchoupitoulas
quote:
So he's not exactly "FULLLY guaranteed", it's more like a buyout...?
False... It's a guaranteed *contract*... There are set criteria that Jimbo is responsible to adhere to... Those would be contractual terms and obligations. If Jimbo holds up his end, then the payments from aTm are in fact guaranteed. On the other hand, if he bails on the 2020 season altogether and does hookers and blow in Waco, he's in violation of the contract... He's not stupid one would presume, so this isn't likely, but aTm can't decide they don't want to keep him around... Therefore he controls whether the contract continues with his behavioral conduct and simply showing up.
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