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BK contract details
Posted on 11/10/24 at 12:44 pm
Posted on 11/10/24 at 12:44 pm
Have seen a lot of figures thrown out about BK’s buyout amount. According to the contract, as of Jan 1 2025, he has 64.8 million left on the contract. If terminated w/o cause, he is owed 90% of that (58.3) paid out over the remaining term (7 yrs at 8.33 per year). Offset for any post firing earnings for college OR professional coaching, admin, or media positions.
This post was edited on 11/10/24 at 12:52 pm
Posted on 11/10/24 at 12:45 pm to DIGGY
How much canes we gotta eat to make this happen?
Posted on 11/10/24 at 12:46 pm to DIGGY
any offsets for future salaries?
Posted on 11/10/24 at 12:46 pm to DIGGY
I’ll never understand how completely sucking at your job or not delivering on your promises is not considered “cause for termination”.
It certainly is in my line of work.
It certainly is in my line of work.
This post was edited on 11/10/24 at 12:47 pm
Posted on 11/10/24 at 12:47 pm to DIGGY
I'd rather they put that money, if they have it, into star players.
Posted on 11/10/24 at 12:49 pm to DIGGY
It could be worse you could have Napier or Norvell. But Kelly is asssss
Posted on 11/10/24 at 12:50 pm to Bayoubengal205
I don't get it either. Hopefully one of these schools will quit this nonsense and break the cycle. Either come to the school and do your best, or we'll find someone else.
Posted on 11/10/24 at 12:50 pm to WhoGeaux
Yes. Offset for college or pro coaching, admin, or media positions.
Posted on 11/10/24 at 12:50 pm to DIGGY
Well the bottom line is that at ALL these high profile schools the pressure to win is such that they will throw undeserved money to these coaches.
Posted on 11/10/24 at 12:51 pm to DIGGY
$58,300,000 is only $81 and some change per seat, per game for a 7 home game season.
Let’s fricking do it. Hell, I’ll fricking throw in the $81 extra per seat per game for the guy next to me too.
One season and it’s done. No debt and we get to forget the Brian Kelly experiment ever happened.
Brian Kelly has to go.
Let’s fricking do it. Hell, I’ll fricking throw in the $81 extra per seat per game for the guy next to me too.
One season and it’s done. No debt and we get to forget the Brian Kelly experiment ever happened.
Brian Kelly has to go.
This post was edited on 11/10/24 at 12:54 pm
Posted on 11/10/24 at 12:51 pm to DIGGY
Are we still paying for ogeron?
Posted on 11/10/24 at 12:52 pm to Dvice1956
No. That was a negotiated one time lump 17 mill payment.
Posted on 11/10/24 at 12:54 pm to DIGGY
I think Kelly is going to give the 2024 and 2025 classes a shot, and if we don’t take the next step he will retire anyway.
Posted on 11/10/24 at 12:55 pm to Bayoubengal205
No shite but we don’t have contracts
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