MidnightBlueGold
Heisman
Posts: 9,355
Joined: May 2007
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I Root For: TOL-EDO
Location: The Glass Bowl
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Coach Candle contract buyout
Base on his contract extension from 12/15/17, he would be owed $700k/yr thru 12/31/23. So who has $2.8M laying around? That's only $58,333.33/month.
But he would need to "make reasonable efforts to mitigate the University's obligation to pay...and to make reasonable and diligent efforts to obtain comparable employment...After Coach obtains such new employment...the University's obligation to pay...shall be reduced by the amount of Coach's new monthly base salary."
Also, if he were to leave at any time during the contract, UT would only be owen $450k.
Source: https://hkm.com/football/contracts/jason-candle/
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11-14-2019 06:02 PM |
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