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re: Tennessee may owe Schiano a $20 million buyout?

Posted on 11/26/17 at 6:30 pm to
Posted by WestCoastAg
Member since Oct 2012
148136 posts
Posted on 11/26/17 at 6:30 pm to
They never made an announcement that he was the coach. All of the wording surrounding schiano was "close" or "imminent"

It's unlikely that he ever signed anything truly binding
Posted by DaveyDownerDawg
2021 NATIONAL CHAMPIONS
Member since Sep 2012
6619 posts
Posted on 11/26/17 at 6:30 pm to
Well played. When's that Chip Kelly announcement coming Gatorbait?
Posted by Smalls
Southern California
Member since Jul 2009
10260 posts
Posted on 11/26/17 at 6:34 pm to
quote:

Knoxville sports radio broadcast


Link?
Posted by MontyFranklyn
T-Town
Member since Jan 2012
24280 posts
Posted on 11/26/17 at 6:47 pm to
quote:

Dumpster just keeps getting hotter
random bums are walking over throwing in old furniture, more garage and Tennessee paraphernalia
Posted by Vols&Shaft83
Throbbing Member
Member since Dec 2012
70096 posts
Posted on 11/26/17 at 6:53 pm to



Yeah, Unless both the President of the University and the Chancellor both signed that contract, not a fricking chance. 20 Million buyout, surely you don't buy this shite
Posted by hellifiknow
Alabama
Member since Dec 2014
780 posts
Posted on 11/26/17 at 7:19 pm to
Even if that figure is true, I'm sure there is a moral turpitude clause in the contract. Maybe the Tennessee lawyers can use it to negotiate the buy out down.
Posted by Vyceron
Member since Nov 2015
40 posts
Posted on 11/26/17 at 7:46 pm to
Told y'all!

Knoxville sports radio link HERE
Posted by Shaft Williams
Central City, LA
Member since Jul 2010
10199 posts
Posted on 11/26/17 at 7:47 pm to
quote:

here's the crazy part...Butch was still the coach of Tennessee 2 weeks ago. Having a verbal agreement is not a contract. I HIGHLY doubt any contract was signed.


A verbal agreement is a contract
Posted by LouisvilleKat
Member since Oct 2016
19056 posts
Posted on 11/26/17 at 7:49 pm to
Hell Kentucky owed Billy G 5 million and all he had was some scratchings on a cocktail napkin as a memorandum of understanding.

A cocktail napkin was fitting for Billy G
Posted by Dawg4Life47
Beach
Member since Sep 2013
10678 posts
Posted on 11/26/17 at 7:49 pm to
Yep, Schiano is about to Sandusky Tenn arse
Posted by BamaGradinTn
Murfreesboro
Member since Dec 2008
27850 posts
Posted on 11/26/17 at 7:53 pm to
quote:

Yeah, Unless both the President of the University and the Chancellor both signed that contract, not a fricking chance. 20 Million buyout, surely you don't buy this shite


I'm not buying $20M either...but you're a fool if you think Tennessee is getting out of this without paying something...especially if there's a signed memorandum and UT officials have already admitted to vetting the whole PS story. "Our fans are pissed" won't be justification if Schiano has a case. UT will pay something to make this go away.
Posted by BamaGradinTn
Murfreesboro
Member since Dec 2008
27850 posts
Posted on 11/26/17 at 7:54 pm to
quote:

Even if that figure is true, I'm sure there is a moral turpitude clause in the contract. Maybe the Tennessee lawyers can use it to negotiate the buy out down.


Not since they've admitted that they'd vetted that whole story already.
Posted by warcry
Mobile
Member since Aug 2011
4772 posts
Posted on 11/26/17 at 7:55 pm to
There is no way, but every part of me hopes it is accurate.
Posted by tjv305
Member since May 2015
12739 posts
Posted on 11/26/17 at 7:58 pm to
If it’s true then the AD has to be fired . How can you pay a 20 million dollar buyout to a coach that never even coaches your team.
Posted by Atxgump
Austin
Member since Nov 2015
4372 posts
Posted on 11/26/17 at 8:00 pm to
Until the last month i'd respond ask gus, now i can't do that anymore. Someone hold me
Posted by HueyP
Lubbock
Member since Nov 2008
3155 posts
Posted on 11/26/17 at 8:02 pm to
quote:

It's their job to evaluate his background/character and make a decision.


I’d bet there a full disclosure clause in the contract.
Posted by ChiaTiger
Ponchatoula, La
Member since Feb 2017
1409 posts
Posted on 11/26/17 at 8:05 pm to
quote:

It's unlikely that he ever signed anything truly binding


The Binder: Part II
This post was edited on 11/26/17 at 8:06 pm
Posted by JustLSUit
North Carolina
Member since Jan 2012
3404 posts
Posted on 11/26/17 at 8:06 pm to
LMFAO!!!!!
Posted by bamafan1001
Member since Jun 2011
15783 posts
Posted on 11/26/17 at 8:11 pm to
What genius worked in a 20 million buyout. I swear these admins have to be in for something on the side to be putting these insane buyouts into coaches contracts.
Posted by ctiger69
Member since May 2005
30883 posts
Posted on 11/26/17 at 8:11 pm to
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