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re: Forde: McElwain has emerged as top Florida candidate

Posted on 11/30/14 at 7:48 pm to
Posted by MenloDawg
Member since Jan 2010
6723 posts
Posted on 11/30/14 at 7:48 pm to
I've read he has a $7.5 million buyout. Anybody know if that's correct? Also, isn't UF on the hook for $8.4 million for the current coaching staff? If all that's true, that would be $15.9 million before McElwain receives his first dollar from UF. That's steep.
Posted by BilJ
Member since Sep 2003
159144 posts
Posted on 11/30/14 at 7:49 pm to
I do remember seeing a few weeks ago him agreeing to a deal with a big buy out
Posted by bgator85
Sarasota
Member since Aug 2007
6029 posts
Posted on 11/30/14 at 7:57 pm to
quote:

I've read he has a $7.5 million buyout. Anybody know if that's correct? Also, isn't UF on the hook for $8.4 million for the current coaching staff? If all that's true, that would be $15.9 million before McElwain receives his first dollar from UF. That's steep.


Any assistant that gets another job does not receive a buyout from UF, so chances are almost all will get nothing. Muschamp has a $6 million buyout that is paid over the next 5 years. McElwain's buyout is huge, but when you consider any other coach would demand a much larger salary it may not be that big a deal if he is the guy Foley wants. That said, I'm not convinced Foley wants him that bad.
This post was edited on 11/30/14 at 7:59 pm
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