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re: Illinois coach Tim Beckman could be in trouble after 1 season
Posted on 11/26/12 at 5:54 pm to pioneerbasketball
Posted on 11/26/12 at 5:54 pm to pioneerbasketball
quote:LINK
Beckman's buyout is two times his base pay of $400,000 for each year remaining on his contract. The agreement includes a $275,000 annual deduction from the buyout based on Beckman's "duty to mitigate damages with other income," according to his contract, which gives an example buyout.
He has 4 years left on his contract.
Illinois still owes several million on buyouts to Zook, Bruce Weber and the women's basketball coach as well.
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