75% of his remaining contract if he's fired without cause. How that translates to U of L's dollar amount obligation...
Fired now: $14.6 million
After Year 1: $12.2
After Year 2: $9.8
After Year 3: $7.3
After Year 4: $4.9
After Year 5: $2.4
After Year 6: $0
Petrino was fired after Year 2 of his final contract, and his buyout reportedly grosses up to $14 million. At that same point, Satterfield's is $10 million. "Vince" also was on record saying that he was going to negotiate around/out of/without large buyouts going forward.
Moral of the story (again): Don't believe everything you read and hear...
Fired now: $14.6 million
After Year 1: $12.2
After Year 2: $9.8
After Year 3: $7.3
After Year 4: $4.9
After Year 5: $2.4
After Year 6: $0
Petrino was fired after Year 2 of his final contract, and his buyout reportedly grosses up to $14 million. At that same point, Satterfield's is $10 million. "Vince" also was on record saying that he was going to negotiate around/out of/without large buyouts going forward.
Moral of the story (again): Don't believe everything you read and hear...
