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Does the new contract have a Michigan clause?
Posted on 12/11/07 at 1:21 pm
Posted on 12/11/07 at 1:21 pm
like the last one did? or did they change it, take it out etc..? anyone know?
4
Posted on 12/11/07 at 1:22 pm to theduderoberts
It's the same as it was originally.
Posted on 12/11/07 at 1:23 pm to theduderoberts
Same buyout. It doesn't change that much.
Posted on 12/11/07 at 1:24 pm to theduderoberts
Same, that is the other way this could have ended. Michigan buyout = $100 million. Go ahead and refinance that ARM mortgage Les, you are going to stay awhile
Posted on 12/11/07 at 1:26 pm to igoringa
if they were so sure he was staying here, why is the buyout to michigan still there??
Posted on 12/11/07 at 1:27 pm to igoringa
yeah i don't get why they didn't increase it. it would seem that if the price were a lot higher , then it would make it a more difficult decision for UM and Les to get out of it. Tubberville had a buyout of $6million if he left for another school.
Posted on 12/11/07 at 1:32 pm to theduderoberts
quote:
Does the new contract
There is no NEW contract it is simply an extension of the previously existing contract. There is a MAJOR difference between new contract and contract extension. Meaning all of the old clauses are in full effect the only that changed is the time and there were extra perks thrown in for Miles.
Posted on 12/11/07 at 1:34 pm to theduderoberts
quote:
yeah i don't get why they didn't increase it. it would seem that if the price were a lot higher , then it would make it a more difficult decision for UM and Les to get out of it. Tubberville had a buyout of $6million if he left for another school.
quote:
if they were so sure he was staying here, why is the buyout to michigan still there??
See? No matter what, it fuels the chicken little speculation. They keep the buyout, "why do that unless he wants to go?" They don't raise the buyout dramatically, "why not do that unless he wants to go?"
Posted on 12/11/07 at 1:40 pm to ellessuuuu
new contract =the one he signed last week.
it is just semantics that you want to differentiate between the words 'contract extension' and 'new contract.'
in fact, there were reportedly a lot of new incentives that were ADDED in based on performance. wouldn't you consider that a 'new contract'????
it is just semantics that you want to differentiate between the words 'contract extension' and 'new contract.'
in fact, there were reportedly a lot of new incentives that were ADDED in based on performance. wouldn't you consider that a 'new contract'????
Posted on 12/11/07 at 1:59 pm to theduderoberts
quote:
don't get why they didn't increase it.
At the very least it should have been increased to a 5mil buyout for UM, someone dropped the ball.
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