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.

0 ...

Report Post

Posted by whitefoot

Franklin, TN

Member since Aug 2006

11181 posts

Posted on 10/4/18 at 11:21 pm to Glorious

quote:
At least they weren’t paying Gene Chizik to not coach for several years...

Uh...you sure about that?

quote:
It cost $8.78 million for Auburn to buyout Gene Chizik and staff

Auburn wanted to buyout the contract of former head coach Gene Chizik so badly the school was willing to carve out $8.78 million just to move on. According to a report from Al.com, Auburn set aside nearly that much to buyout the contracts of Chizik and the assistant coaching staff before bringing Gus Malzahn back to Auburn.

As reported, Auburn was originally prepared to spend $11.09 million to buyout the various contracts but the total was reduced as coaches found jobs elsewhere. Chizik, who led Auburn to a national championship just four seasons ago, received a buyout of $7.5 million to account for the remainder of his money owed on his contract. Auburn will pay Chizik a little more than $200,000 per month through the 2015-2016 fiscal year.

Page 1 2 3 4 5