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Contract Buyout

All articles tagged with #contract buyout

sports3 months ago

UNC Football Coach Belichick Faces Challenges Amid Uncertain Future

UNC football coach Bill Belichick's contract allows him to leave for a $1 million buyout, and if fired without cause, the university owes him $30 million. The contract includes provisions for firing for cause related to a 'lack of institutional control,' a term linked to NCAA violations, which could potentially be used to justify termination without paying the full buyout. Recent NCAA violations and internal issues, including the suspension of a coach, have brought attention to the program's compliance and stability.

via WRAL.com|
#bill-belichick#contract-buyout#firing-conditions
sports7 months ago

June 1 Reduces Bill Belichick's UNC Contract Buyout by $9 Million

Bill Belichick's contract with North Carolina includes a June 1 buyout date, reducing his buyout to $1 million, and he is entering his first season with the Tar Heels amid some off-field controversy involving his girlfriend, Jordon Hudson. Despite distractions, the team is optimistic, with increased ticket sales and strategic player signings, as Belichick emphasizes a focus on process and improvement in his inaugural season.

via CBS Sports|
#bill-belichick#college-football#contract-buyout
sports1 year ago

"Kentucky's $33 Million Dilemma: John Calipari's Buyout and March Madness Flops"

After the Kentucky Wildcats' first-round exit in the NCAA Tournament, speculation about the end of John Calipari's era has arisen, but his "lifetime contract" presents a significant hurdle as it stipulates a buyout of over $33 million, posing a challenge for any potential separation. With Kentucky's recent struggles in tournament play, the future of the program remains uncertain as fans and officials contemplate the next steps.

via A Sea Of Blue|
#college-basketball#contract-buyout#john-calipari
sports1 year ago

Delon Wright Set to Join Miami Heat After Wizards Buyout

Washington Wizards guard Delon Wright, 31, has agreed to a contract buyout, paving the way for him to join the Miami Heat after clearing waivers. Wright, whose playing time diminished this season, is coming off a strong 2022-23 campaign and will provide backcourt depth for the Heat as they deal with injuries to other guards. This move marks the eighth NBA team for Wright, who is set to hit free agency this summer.

via ESPN|
#contract-buyout#delon-wright#miami-heat
sports1 year ago

"Kyle Lowry Secures Buyout from Hornets, Set to Join 76ers"

Charlotte Hornets guard Kyle Lowry has agreed to a contract buyout, allowing him to join the Philadelphia 76ers for the rest of the season on a $2.8 million deal. The six-time All-Star, who has long hoped to play for his hometown team, will reunite with his former coach, Nick Nurse, and join a reshaped Sixers roster that includes guard Buddy Hield as they aim to maintain a solid playoff position until the return of center Joel Embiid.

via ESPN|
#charlotte-hornets#contract-buyout#kyle-lowry
education1 year ago

"CCSD Trustees Reject Superintendent Jara's Resignation Buyout, Sparking Contract Termination Talks"

The Clark County School District Board of Trustees voted against accepting Superintendent Dr. Jesus Jara's resignation and contract buyout plan, prompting discussions on terminating him for convenience. The embattled leader's resignation was submitted as a mutual agreement, with pressure to ask him to leave being significant. The board's decision has sparked frustration and criticism from the public and Mayor Michelle Romero, with Jara remaining superintendent until his exit is approved.

via KLAS - 8 News Now|
#ccsd#contract-buyout#education
sports2 years ago

"Alabama Football: Navigating Uncertainty After Saban's Retirement"

Clemson head coach Dabo Swinney has a $9 million buyout clause in his contract specifically for Alabama, making it more expensive for him to leave Clemson for the Crimson Tide compared to any other school. Swinney, a former player and coach at Alabama, has expressed interest in coaching the Crimson Tide in the past. Despite his success at Clemson, recent struggles may prompt him to consider a return to Alabama, but the buyout clause could be a significant factor in his decision.

via Bleacher Report|
#alabama#clemson#college-football
sports2 years ago

"Nashville Predators Cut Ties with Matt Duchene in Contract Buyout"

The Nashville Predators are buying out center Matt Duchene, who had three years left on his seven-year, $56 million contract. Duchene, who was Nashville's second-leading scorer last season, will now become an unrestricted free agent. The buyout will impact the Predators' salary cap for the next six seasons, with dead cap space ranging from $1.56 million to $6.56 million per season. This move comes as part of the Predators' efforts to reshape their roster under new coach Andrew Brunette and general manager Barry Trotz.

via ESPN|
#contract-buyout#matt-duchene#nashville-predators
sports2 years ago

"Jets Buy Out Blake Wheeler, Reflecting on His Legacy in Winnipeg"

The Winnipeg Jets have placed Blake Wheeler on unconditional waivers for the purpose of buying out the final year of his contract. Wheeler, who has been with the franchise for 12 seasons and served as captain for seven years, leaves as the franchise leader in various categories including games played, points, assists, and shots. The 36-year-old winger holds numerous franchise records and has been a key contributor to the team's success. Wheeler expressed gratitude to the city of Winnipeg and the organization, stating that it has been an honor and privilege to represent the Jets.

via NHL.com|
#blake-wheeler#contract-buyout#franchise-leader
sports2 years ago

Shannon Sharpe to Depart from 'Undisputed' After 7 Years with Skip Bayless.

Pro Football Hall of Famer Shannon Sharpe is set to leave FS1's Undisputed after reaching an agreement on a contract buyout with Fox Sports. His final appearance on the daily sports talk show is expected to air after the conclusion of the NBA Finals. As part of the buyout agreement, Sharpe's Club Shay Shay podcast will also cease to be part of Fox Sports. Sharpe and Skip Bayless have been with Undisputed since the show launched in September 2016.

via Bleacher Report|
#contract-buyout#fox-sports#shannon-sharpe
sports2 years ago

Shannon Sharpe to Depart from 'Undisputed' After 7 Years.

Shannon Sharpe has reportedly reached a contract buyout agreement with Fox Sports to end his seven-year run alongside Skip Bayless on "Skip and Shannon: Undisputed." His final show is expected to be after the NBA Finals end in June, and he will also be taking his "Club Shay Shay" podcast with him from Fox Sports. The partnership between Sharpe and Bayless had its highs and lows, including public friction over a tweet from Bayless about a player's cardiac arrest during a game. Bayless remains on a four-year, $32 million contract with Fox Sports.

via Yahoo Sports|
#club-shay-shay-podcast#contract-buyout#fox-sports