Coaching Buyouts at X Going Forward
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jerry92
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Coaching Buyouts at X Going Forward
Is there a way that X can structure the buyout for a coach that decides to leave X to include a clause that takes into consideration our record going forward? As example, if our record for the following two years after the coach departure is under .500, the buyout increases by 2 million - this would encourage the departing coach to have some regard for the program as he exits.
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harryfe
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Re: Coaching Buyouts at X Going Forward
Seems like it would probably be legal but no coach would ever agree.jerry92 wrote: ↑Fri Feb 15, 2019 7:04 pmIs there a way that X can structure the buyout for a coach that decides to leave X to include a clause that takes into consideration our record going forward? As example, if our record for the following two years after the coach departure is under .500, the buyout increases by 2 million - this would encourage the departing coach to have some regard for the program as he exits.
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jct1941
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Re: Coaching Buyouts at X Going Forward
I am thinking that Louisville had to pay Xavier a high sum for buying Mack's contract. Maybe someone in the know could help there. Go Xavier!
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thecoach
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Re: Coaching Buyouts at X Going Forward
No coach that has an agent, LOL.harryfe wrote: ↑Fri Feb 15, 2019 10:33 pmSeems like it would probably be legal but no coach would ever agree.jerry92 wrote: ↑Fri Feb 15, 2019 7:04 pmIs there a way that X can structure the buyout for a coach that decides to leave X to include a clause that takes into consideration our record going forward? As example, if our record for the following two years after the coach departure is under .500, the buyout increases by 2 million - this would encourage the departing coach to have some regard for the program as he exits.
- olsingledigit
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Re: Coaching Buyouts at X Going Forward
It would
Ikely be an invalid contract because no sane coach would sign such a contract.
Ikely be an invalid contract because no sane coach would sign such a contract.
Dressed to the Nines - Last of the LHS Single Digits - Dedicated to John "The Beer Spiller" McCormick, my son-in-law who passed June, 2016 at age 44. Long time Xavier fanatic and friend of many Lew Hirt Members. RIP Mac Strong! We miss you.
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