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Started By
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Buy outs
Posted on 11/22/15 at 8:18 pm
Posted on 11/22/15 at 8:18 pm
If Miles is fired, we all know what the buy out will be. But what of the new guy? If he is employed, I am assuming that he has a buy out clause in his contract too.
Who is responsible for that?
Who is responsible for that?
3
Posted on 11/22/15 at 8:22 pm to Gray Tiger
Chicken
Posted on 11/22/15 at 8:23 pm to Lou Pai
After all of the traffic he is getting these past couple of weeks, I'm sure he can afford it. 
Posted on 11/22/15 at 8:23 pm to Gray Tiger
If he leaves his job for LSU he wont be owed a buyout by his previous employer. Is that what you mean?
Posted on 11/22/15 at 8:26 pm to Gray Tiger
i'm sure WE WILL. the scary thing is if the hire doesn't work out we are gonna be hurting like hell for money. two buy outs? expensive stuff.
Posted on 11/22/15 at 8:27 pm to The Mick
quote:
If he leaves his job for LSU he wont be owed a buyout by his previous employer. Is that what you mean?
Wouldn't he be obligated to pay them something to get out of his contract?
This post was edited on 11/22/15 at 8:28 pm
Posted on 11/22/15 at 9:09 pm to Gray Tiger
Bump
Does anybody know the answer?
Does anybody know the answer?
Posted on 11/23/15 at 9:03 am to bigoyster
Not all coaches have a buy out if they decide to leave. Some have a limited buy out for specifically named schools. Usually the new school agrees to cover the buy out.
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