re: Why doesn't A&M test the waters for Hermann or a new coach now?

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I figured it would have been upped with the extension but I guess not

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It was and it got more complicated.

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Under the terms of the new contract, Herman's original buyout of $2.25 million gets extended a year to Feb. 28, 2019. The buyout is $2.5 million prior to Feb. 28, 2017. However, the $2.5 million buyout gets reduced by 25% if a planned $20 million indoor facility project is not approved by Houston's board of regents by Sept. 1, 2016. The $2.25 million buyout gets reduced by 50% if construction of the indoor practice facility isn’t at or near completion by Dec. 1, 2017, and reduced by 75% if the facility isn’t at or near completion by Dec. 1, 2018.

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So the base is 2.5 mil through Feb 28, 2017, unless:
1. a planned $20 million indoor facility project is not approved by Houston's board of regents by Sept. 1, 2016. - That's 25% off the 2.5 mil.
2. $2.25 million buyout gets reduced by 50% if construction of the indoor practice facility isn’t at or near completion by Dec. 1, 2017 - then 2.25 mil is reduced 50%.
3. reduced by 75% if the facility isn’t at or near completion by Dec. 1, 2018. - then 2.25 mil is reduced by 75%

It's a moot point because Sumlin is owed 20 million through the next 4 years (unless you can find cause to fire him [and follow the procedures; see USC]).