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re: James Franklin’s contract is tied to $31 million Vanderbilt facility upgrades

Posted on 1/10/14 at 8:38 am to
Posted by Vandyrone
Nashville, TN
Member since Dec 2012
6970 posts
Posted on 1/10/14 at 8:38 am to
Facility is already built. The rumored range of the buyout is $10-$20 Million and likely the holdup over at PSU.
Posted by rebeloke
Member since Nov 2012
16141 posts
Posted on 1/10/14 at 8:44 am to
Rumored being the operative word.
Posted by BluegrassBelle
RIP Hefty Lefty - 1981-2019
Member since Nov 2010
99247 posts
Posted on 1/10/14 at 9:31 am to
quote:

Facility is already built. The rumored range of the buyout is $10-$20 Million and likely the holdup over at PSU.


Two things:

1) I can't see Franklin signing a contract that puts him in a position where he's accountable for that much. If he did, he needs to fire his agent. Bobby Petrino won't even be on the hook for that much if he leaves UofL.

2) Do we even know that it's for that much? I could see maybe a percentage of that and a small one at that.

As I said before it's probably pretty easy to get out of something like that. Especially if Vandy didn't give an amount upfront. Otherwise they could build a facility worth twice what it is now and just say Franklin is accountable if he leaves.
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