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Originally posted by C'monchargers
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"Many initial term contracts offer a 50-75% guarantee for the coach and a 25%-50% guarantee for the university. Schools often view this provision as a penalty or fine that they can force a coach or their new employer to pay in the event that they leave early, and will often try to make the amount owed to them as close as possible to the total compensation they have guaranteed to the coach."
Currently there are 6 coaches in the NCAA that has a buyout clause that exceed $50M, topped by Georgia's Kirby Smart ($92.5 million), LSU's Brian Kelly ($70 million) and Penn State's James Franklin ($64.5 million) for the coaches in case of a firing. I highly doubt those deals are structured to protect one way. Everytime a contract is sign there are many things to consider, such as precendence. In most field - well maybe not contruction and industrial supply which often has order of precedence clause (just knew this by chance) - when you sign a contract out of the ordinary and not incline with precedence; it raises eyebrows. Do you see any eyebrow raise abot Harbaugh's contract??
Perhaps you are well acquainted in the world on contract negotiation in that field so you can enlight us a little. Beacuse since you said you don't know how his contract is, you don't know that; but you come off as somebody who is sure of what it isn't. So does that mean what you are sure of is what it isn't of something that is isn't?? That's a nutshell there bud.
BTW by the way you come across, you are really showing your color. Stay Classy, don't expect much from this know nothing swami
I asked the opposite question after you said that Harbaugh will have to pay UM a "buyout" to leave. The only thing I said i was sure of is that an NFL team would have no obligation to pay a school. Let me know when you find out if Harbaugh actually has to pay something or its just a cancellation of a deferred retention bonus - money he doesn't have yet.
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