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re: Dan Mullen's buyout is $12 million a year for the life of his current contract?
Posted on 11/2/21 at 9:07 pm to finchmeister08
Posted on 11/2/21 at 9:07 pm to finchmeister08
If he is fired without cause he is owed $12 million, but it's not annually.
2
Posted on 11/4/21 at 5:44 am to Gator5220
This post was edited on 11/4/21 at 5:46 am
Posted on 11/8/21 at 1:25 pm to Gator5220
quote:
If he is fired without cause he is owed $12 million, but it's not annually.
It's the lower of $12 million or the remaining value. Half gets paid within the first 60 days, the remaining gets paid out in annual installment over 6 years. As far as buyouts go for college coaches go today, its actually fairly reasonable.
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