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re: What is Jimbos buy out and who pays that?

Posted on 11/27/15 at 4:11 am to
Posted by threeputt
God's Country
Member since Sep 2008
24791 posts
Posted on 11/27/15 at 4:11 am to
Just curious.

I'm sure it's in the neighborhood of 5 million. Les has buy out of 15 million. I'm sure some of the current assistants have buyouts. And I'm also sure jimbo will make at least 6 million a year.

That's almost 30 million to get a coach who won't win as many games as what you have now ... Doesn't make much sense to me but I'm sure jimmy sexton will be happy
Posted by SBC
Member since Oct 2005
6870 posts
Posted on 11/27/15 at 4:14 am to
Les will be required to look for a job. If he gets a job, which he is likely to do, the buyout is reduced by his new compensation.

Also, that applies for the duration of the 8 years that the buyout is paid over.
Posted by LosLobos111
Austere
Member since Feb 2011
45385 posts
Posted on 11/27/15 at 4:45 am to
It's 15 mil over 8 years for miles

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