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Buyout

All articles tagged with #buyout

Kansas State’s costly contract gamble backfires as Tang era ends
sports9 days ago

Kansas State’s costly contract gamble backfires as Tang era ends

Kansas State fired head coach Jerome Tang after a downturn in results, despite a lucrative, guaranteed contract through 2030. If fired without cause, Tang would receive about $18.67 million. The piece argues this isn’t a morality issue but a money one, highlighting how schools sign big deals they later regret and may be forced to pay out, with Tang having led Kansas State to the Elite Eight in 2022-23 before the program’s recent struggles, potentially triggering legal and financial fallout and echoes of other big buyouts at other programs.

via CNN|
#buyout#coaching-contracts#college-basketball
Kansas State parts ways with Jerome Tang after four-season tenure
sports10 days ago

Kansas State parts ways with Jerome Tang after four-season tenure

Kansas State and Jerome Tang have parted ways after four seasons as the Wildcats sit 10-15 (1-11 Big 12) amid a seven-game skid and likely NCAA Tournament absence; Tang, who led K-State to the Elite Eight in 2023, finishes 71-57. Buyout is rumored around $18 million with terms still being negotiated, following his blistering postgame remarks after a 91-62 loss to Cincinnati.

via On3|
#buyout#coaching-change#college-basketball
Facepunch COO Proposes $25M Buyout to Save New World Aeternum
gaming1 month ago

Facepunch COO Proposes $25M Buyout to Save New World Aeternum

Alistair McFarlane, COO of Facepunch Studios (Rust), publicly offered Amazon $25 million to acquire New World: Aeternum after Amazon announced its decommissioning; he argued that games should never die and suggested Facepunch would pursue a community-driven, self-hosted development model if the deal happened. With Amazon planning to keep the game running until January 2027, any IP transfer would likely not occur before then.

via TechPowerUp|
#amazon#buyout#facepunch
Packers at a crossroads: extension vs. trade for LaFleur
sports1 month ago

Packers at a crossroads: extension vs. trade for LaFleur

Green Bay’s talks with head coach Matt LaFleur over contract length are stalled; the team reportedly wants him back for 2026 but a lengthy deal and potential buyout complicate things, leaving the door open to trading LaFleur if an extension can’t be reached, a path underscored by historical NFL coaching trades and the Packers’ belief he’s the top option available.

via Acme Packing Company|
#buyout#coaching-trades#green-bay-packers
San Francisco considers buying out PG&E amid ongoing outages and safety concerns
local-government-and-utilities1 month ago

San Francisco considers buying out PG&E amid ongoing outages and safety concerns

San Francisco is moving towards buying out PG&E's electrical infrastructure to establish a municipal utility, driven by ongoing dissatisfaction with PG&E's safety record, service issues, and recent blackouts, despite a slow legal process and potential legal battles, signaling a significant shift in local energy policy.

via Mission Local|
#buyout#local-government-and-utilities#municipal-utility
Kentucky Football Coach Mark Stoops Expected to Be Fired Amidst Recent Losses
sports2 months ago

Kentucky Football Coach Mark Stoops Expected to Be Fired Amidst Recent Losses

Kentucky is firing head coach Mark Stoops, the school's winningest football coach, after a disappointing 5-7 season in 2025 and recent losses, despite his previous success including eight consecutive bowl appearances. The decision involves a $36 million buyout, and Stoops, who finished with a 72-80 record over 13 seasons, expressed his intention to stay despite the firing.

via The New York Times|
#buyout#college-football#firing