I know there is anger towards Tom for the contract extension. Two things to point out: The original buyout started at $10M then reduced $1.5M each year after '17. Current buyout is reportedly $12M this year and next, then reduces each year after '19. Point is when we're talking that much money, $8.5M, which would have been the buyout this year compared to $12M, $3.5M isn't that big of a deal, all things considered. But, all of this is moot, because of this specific contract language regarding the buyout:
Said amount shall be paid within twenty-one (21) days of Employee's final day of employment. Each of the amounts set forth above (8.3(i)-(iv) shall be reduced by 50% if at the time payment is due, Tom Jurich is not the Athletic Director of the University.
Said amount shall be paid within twenty-one (21) days of Employee's final day of employment. Each of the amounts set forth above (8.3(i)-(iv) shall be reduced by 50% if at the time payment is due, Tom Jurich is not the Athletic Director of the University.