(02-08-2017 12:03 PM)FrankAnderson Wrote: (02-08-2017 11:53 AM)EagleSam Wrote: (02-08-2017 11:43 AM)FrankAnderson Wrote: Unless I missed something, looks like the buy-out would be the remainder of his as annual salary that hasn't been paid to date.
Very affordable buyout, then. Could be done at the end of season with no extra money spent.
Yep, each term ends on March 31. So it's doable.
1) Frank, I am very impressed by the level of nerdiness to lookup the actual contract. You make all EMU alumni proud. And thanks for finding.
2) You raise an excellent point that the "term" of the agreement automocally extends 1 year each season that has 20 or more wins. Putting Murphy under contract through 2018-19. The new end of the "term".
3) I think you are incorrect on the buyout. It will be lesser of 1 year pay or the remaining amount due on the contract. That is to say, if we were at one month left in his contract (Feb 2019), EMU does not have to pay him 1 years pay but just the remaining 1 month. In short, buyout is 1 year.
It is good to know that this is not the final year on Murphy's contract. Thanks again.
This really changes the tone of the conversation. The question no longer is, has Murphy been good enough to warrant a renewal? But rather is, has Murphy been bad enough to warrant a dismissal?
One more note, the contract also extends for a year where EMU earns post-season play. I believe EMU was invited last year to one of the tournaments but declined. Was this true, and does the invitation extend the contract to 2019-20?