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

Posted on 1/11/11 at 8:10 pm to
Posted by SlowFlowPro
Simple Solutions to Complex Probs
Member since Jan 2004
424340 posts
Posted on 1/11/11 at 8:10 pm to
quote:

if you don't have exit provisions, you really don't have a contract

you sound like you're speaking of 2 different things

1. a guaranteed contract
2. a contract with a buyout

you can have a buyout clause to terminate a contract early. it's a common feature
Posted by ForeLSU
The Corner of Sanity and Madness
Member since Sep 2003
41525 posts
Posted on 1/11/11 at 8:17 pm to
quote:

you can have a buyout clause to terminate a contract early. it's a common feature


I haven't read many coaching contracts, admittedly, but I would think most of the top ones would be guaranteed if terminated without cause, with "cause" being spelled out in the provisions.



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