Started By
Message
Muschamp owed $15m instead of $13m b/c Tanner & USC board never signed updated contract
Posted on 12/9/20 at 3:56 pm
Posted on 12/9/20 at 3:56 pm
quote:
An agreed-upon revision to former South Carolina football coach Will Muschamp’s contract that was never signed by the parties would have saved the university $2 million in buyout money when it fired him. The failure to complete the contract amendment, which was approved by USC’s board of trustees in December of 2019, means Muschamp’s buyout obligation from the school remains at a bit more than $15.5 million, instead of slightly more than $13.4 million.
At the time of the amendment’s passage, the change was publicized as a move to allow Muschamp to redirect money to help retain a key assistant coach. It also removed Muschamp’s annual raises and therefore lowered the university’s burden should it fire him. However, the contract, which was obtained by The State this week following a Freedom of Information request, shows the amendment was never signed by Muschamp, athletic director Ray Tanner or board of trustees secretary J. Cantey Heath.
Tanner has said several times, including as recently as Monday, that he will negotiate the buyout terms with Muschamp. Contract law expert Marty Greenberg, however, told The State there isn’t much to negotiate. An unsigned contract typically isn’t enforceable. Since Muschamp has already been relieved of his duties, it’s not clear what incentive, if any, he has to give the school a break.
Muschamp could negotiate to receive less money from South Carolina, but his contract doesn’t require him to do that. Without mitigation language and with the buyout spelled out, Muschamp really only has to collect his money, spread out across four years, and perhaps earn a paycheck from a new job on top of it.
Last December, Tanner said the change in the contract came about after Muschamp suggested it. The team finished 4-8, but Tanner said Muschamp wanted to give running backs coach Thomas Brown a raise. But Brown, who got a $200,000 raise, wasn’t around long. He took a job with the NFL’s Los Angeles Rams two months later. Two months after that, McClendon left for Oregon. Each paid the school $100,000 to get out of their USC deals, according to documents The State obtained through public records requests.
LINK
This post was edited on 12/9/20 at 4:04 pm
Posted on 12/9/20 at 3:59 pm to Dr RC
quote:
Tanner has said several times, including as recently as Monday, that he will negotiate the buyout terms with Muschamp
Lol, the only thing Muschamp has to discuss with South Carolina is making sure his direct deposit information is correct.
Posted on 12/9/20 at 4:01 pm to Dr RC
Didn't something like that happen with FSU and Taggert? They never signed his contract or something so he got all of it?
Posted on 12/9/20 at 4:03 pm to Dr RC
Wow.. and I we thought Jay Jacobs was a dumbass.
Posted on 12/9/20 at 4:04 pm to Dr RC
Just read on Footballscoop that there also is no mitigation clause. So, he is owed the full amount even if he get's a $2 million / yr coordinator job next year.
How the hell does a coach with Muschamp's record end up with a contract like that?
How the hell does a coach with Muschamp's record end up with a contract like that?
Posted on 12/9/20 at 4:10 pm to hogwildinhouston
Dear lord
Incompetent ADs. Alabama had one with Bill Battle. The guy made his name after leaving coaching in business. He started The Collegiate Licensing Company. Yet he was an awful AD, especially on the business side of things. Alabama’s contract with Nike could have set records for the payout and he just took some lowball extension that won’t end until 2025. His coaching hires were abysmal too. Thank god he didn’t have to conduct a football coaching search.
Incompetent ADs. Alabama had one with Bill Battle. The guy made his name after leaving coaching in business. He started The Collegiate Licensing Company. Yet he was an awful AD, especially on the business side of things. Alabama’s contract with Nike could have set records for the payout and he just took some lowball extension that won’t end until 2025. His coaching hires were abysmal too. Thank god he didn’t have to conduct a football coaching search.
Posted on 12/9/20 at 4:12 pm to Dr RC
If it can be messed up, Ray Tanner will mess it up.
Posted on 12/9/20 at 4:17 pm to Lonnie Utah
Time to sell off some assets to make payroll
Posted on 12/9/20 at 4:17 pm to hogwildinhouston
quote:
Just read on Footballscoop that there also is no mitigation clause. So, he is owed the full amount even if he get's a $2 million / yr coordinator job next year.
How the hell does a coach with Muschamp's record end up with a contract like that?
Dude that guy that represents all the coaches should be put in fricking jail over the amount of money he's gotten coaches after they were fired with very good reason. I understand thats how contract's work but this is absurd. I mean Arkansas had to pay Chad Morris and he was 4-18 in 2 years with zero wins while making like 4 million a year.
Posted on 12/9/20 at 4:20 pm to hogwildinhouston
quote:
Just read on Footballscoop that there also is no mitigation clause. So, he is owed the full amount even if he get's a $2 million / yr coordinator job next year.
How the hell does a coach with Muschamp's record end up with a contract like that?
It is all the rage these days. Go read up on Cuonzo Martin's contract at Mizzou. It may be even worse.
Posted on 12/9/20 at 4:20 pm to Dr RC
Ray Tanner is the worst AD in SEC history
Posted on 12/9/20 at 4:23 pm to Dr RC
When arch-rivals were being assigned, Clemson hit the jack pot.
Posted on 12/9/20 at 4:23 pm to Dr RC
USCe top brass needs to be fired en mass for this level of stupidity.
I should have gone into coaching. I’ve got the procrastination on signing shite down pat.
I should have gone into coaching. I’ve got the procrastination on signing shite down pat.
Posted on 12/9/20 at 4:25 pm to Dr RC
Oh USCe ... I guess that explains the low ball offer for the new hire.
Posted on 12/9/20 at 4:26 pm to themicah85
quote:
Dude that guy that represents all the coaches should be put in fricking jail
For being good at his job? No one is making schools offers these coaches what they’re paying them.
This post was edited on 12/9/20 at 4:27 pm
Posted on 12/9/20 at 4:27 pm to Sid E Walker
quote:
I should have gone into coaching. I’ve got the procrastination on signing shite down pat.
No kidding. What other occupation (other than politician) do people fail up and make millions in the process.
Posted on 12/9/20 at 4:27 pm to Dr RC
How the frick do you not sign a contract as soon as it’s agreed upon and the ink dries?
Popular
Back to top
Follow SECRant for SEC Football News