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COACH PRIME SIGNS 5 YEAR EXTENSION
- Thread starter buff4bcs1985
- Start date
I think that means we are a football school again.
He has to pay a buyout even if we fire him? RG really upped his contract game!!!
hawg1
Well-Known Member
Those buyouts are not cumulative.
hawg1
Well-Known Member
Where you get those numbers for Kirby? I see 5, 4, 3…
Oh.
Tucker was $3mm. The buyout here shows a decent commitment from Sanders.
Can someone post another screenshot of the liquidated damages clause?
JMBuffs
Well-Known Member
Sounds like an out of body experience!Just saw a man fall to his knees in the middle of the B concourse at DIA. That man was me. This party weekend just got a whole lot partier, babyyyyyyy!
Not an employment lawyer, but if the damages clause is too high, I think it would be unenforceable. Tantamount to slavery. Well-paid slavery, but I suspect still unenforceable.
Keep in mind that if somebody were to hire Prime away in addition to paying the damages specified in the contract it's hard to image that they would be paying him less than what this contract pays.
Not putting huge amounts of money into the universities coffers but hiring Deion away from Boulder would mean a first year outlay of at least $15 million and likely more.
He isn't going anywhere unless CU gives him a reason to look elsewhere or something comes up that would be of a nature that we wouldn't want to force him to be here anyways.
Not putting huge amounts of money into the universities coffers but hiring Deion away from Boulder would mean a first year outlay of at least $15 million and likely more.
He isn't going anywhere unless CU gives him a reason to look elsewhere or something comes up that would be of a nature that we wouldn't want to force him to be here anyways.
CitizenKane
Well-Known Member
Good to have what most of us knew was coming done. Honestly, considering statutory limitations this is a good deal. Now to enjoy what comes next. Big time winning
Also nice timing on the announcement with the spring portal opening April 16th.
That would be a Miami, I think. Maybe not if the re-posting is requested.
From October, so yeah it probably dropped but I can’t imagine it was a massive drop. Still likely above $100 mm
How much is Kirby Smart's buyout at Georgia?
Georgia Bulldogs head coach Kirby Smart has the largest buyout of any coach in college football at $118.1 million. Smart's buyout is over $48 million more than the next largest buyout (public schools only), which is the Alabama Crimson Tid
ugawire.usatoday.com
If it was cumulative, I’d think it was fantastic. I don’t believe it is
hawg1
Well-Known Member
OK, this is the amount the school pays Kirb if they fire him. If another school hires Kirb, they owe UGA 5, 4 etc.From October, so yeah it probably dropped but I can’t imagine it was a massive drop. Still likely above $100 mm
How much is Kirby Smart's buyout at Georgia?
Georgia Bulldogs head coach Kirby Smart has the largest buyout of any coach in college football at $118.1 million. Smart's buyout is over $48 million more than the next largest buyout (public schools only), which is the Alabama Crimson Tidugawire.usatoday.com
hawg1
Well-Known Member
These are real handcuffs. Much higher than other contracts I see.
To sign this kind of contract to be here, he must have received assurances for player money.
I think that those values are cumulative.
If he got a new gig next year, it would be "on or before" December 31, 2026, 2027, 2028, and 2029.
If he got a new gig next year, it would be "on or before" December 31, 2026, 2027, 2028, and 2029.
What makes you and hawg think that it isn’t?
There is no way they let him out of a $54mil contract for $12mil.
Here’s the thing for me. First, Deion has obviously bought into CU, Boulder and Colorado. I think he loves it here.
Second, the University of Colorado has made a huge philosophical turn in their support of football. If Prime were to leave, their willingness to pay a top 10 salary will attract great candidates.
Second, the University of Colorado has made a huge philosophical turn in their support of football. If Prime were to leave, their willingness to pay a top 10 salary will attract great candidates.
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hawg1
Well-Known Member
If these are cumulative they are the most massive handcuffs in the history of sport. And they are already 2X that of other coaches like Kirby Smart.
Ya I suppose you're right.
The language seems odd because I would think a date of say 2/1/2026 would qualify for the "on or before" clause for 2026, 2027, 2028, and 2029. I would think they would need a qualifier like: on or before December 31st, 2027 and after January 1st, 2027.
Stunning to me that KS could resign and only owe UGA $5M but if they can him, would owe $85M....
