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Buyout Clause

All articles tagged with #buyout clause

sports3 months ago•2 min saved

Bill Belichick's Coaching Moves and UNC Football Challenges

Bill Belichick's tenure as North Carolina Tar Heels coach has been disappointing with a 2-3 start and a heavy loss to Clemson. His five-year, $50 million contract includes performance incentives and a buyout clause, which would cost UNC under $30 million if he leaves before December 2027. The deal also features a $10 million buyout if he departs before June 2024, decreasing to $1 million after 2025.

via Yahoo|

#bill-belichick #buyout-clause #coaching-contract

sports2 years ago•1 min saved

"Dabo Swinney's Potential Move to Alabama: Contract Clauses and Vegas Odds Explained"

Dabo Swinney, a potential candidate for the head coach position at Alabama, has a unique clause in his contract with Clemson that would require him to pay 150% of his buyout if he chooses to coach the Crimson Tide. The buyout amount decreases over time, but the percentage remains the same. Despite the financial implications, the Alabama football program may still pursue Swinney if they see him as the right fit for the job.

via Yahoo Sports|

#alabama #buyout-clause #clemson