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re: Do we have any details of the contract yet?

Posted on 1/11/11 at 7:59 pm to
Posted by SlowFlowPro
Simple Solutions to Complex Probs
Member since Jan 2004
425318 posts
Posted on 1/11/11 at 7:59 pm to
quote:

Why do you hope he is wrong.

a near $25M "buyout" is pretty ominous
Posted by ForeLSU
The Corner of Sanity and Madness
Member since Sep 2003
41525 posts
Posted on 1/11/11 at 8:02 pm to
quote:

a near $25M "buyout" is pretty ominous


sure, if we plan on buying him out tomorrow. I would guess most every contract requires the balance to be paid if fired "without cause". The question is the rollover provision.
Posted by moneyg
Member since Jun 2006
56911 posts
Posted on 1/11/11 at 9:17 pm to
quote:

a near $25M "buyout" is pretty ominous



Not if it doesn't roll over.

What is important is where the buyout is 3 years from now.
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