Bobby Petrino WKU Buyout | The Boneyard
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Bobby Petrino WKU Buyout

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MarbleheadHusky

MarbleheadHusky

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I found this to be very interesting and the first time I have heard this. Good for WKU putting a clause in Petrino's Contract on his Buyout that the School that hires him away owes them a home and home. More important than the money provided to WKU is a really good home game that would have been tough to get. Very smart on their part and I would expect more schools to start writing in this clause going forward.

In the wake of the scandal, Petrino signed a four-year contract with Western Kentucky in December 2012. The deal has a base salary of $850,000 and includes clauses in which the oft-traveled coach must repay the school $1.2 million in six installments beginning a month after any early exit, while the program that hires him must agree to schedule a two-year, home-and-home series with WKU.
 
I'd be interested to see how enforceable that is. You can't commit a third party to a contract. The contract, including the buyout, is between WKU and BP. Certainly an interesting clause to try and get a good game.
 
[quote="while the program that hires him must agree to schedule a two-year, home-and-home series with WKU.[/quote]

Wow imagine if Petrino took an NFL job, how would an NFL team schedule a home and home with a college team!
 
HartfordHank said:
[quote="while the program that hires him must agree to schedule a two-year, home-and-home series with WKU.
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Wow imagine if Petrino took an NFL job, how would an NFL team schedule a home and home with a college team![/quote]

That would have been awesome!
 
What's the timeframe for the home and home? Hopefully that was added, within ten years?
 
Here's the actual language found in the "termination w/o cause section":

upload_2014-1-9_10-54-45.png
 
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Petrino is a scumbag. His best effort will probably end up being a shoulder shrug follwed by an "I tried."
 
So if that is correct, Petrino made $850k to coach Western Kentucky last year, but now has to pay back $1.2 to WKU for leaving? So essentially, Petrino had to pay $350k to WKU in order to coach them! That is great. Obviously WKU knew that Petrino was using them as a stepping stone and would leave at the first opportunity...and they were able to take advantage of that. Great move by WKU!
 
UConnSportsGuy said:
So if that is correct, Petrino made $850k to coach Western Kentucky last year, but now has to pay back $1.2 to WKU for leaving? So essentially, Petrino had to pay $350k to WKU in order to coach them! That is great. Obviously WKU knew that Petrino was using them as a stepping stone and would leave at the first opportunity...and they were able to take advantage of that. Great move by WKU!
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Actually I'm sure UL paid the $1.2 mill. Being that Petrino must have multiple alimony and child support payments, he makes out like a bandit.
 
UConnSportsGuy said:
So if that is correct, Petrino made $850k to coach Western Kentucky last year, but now has to pay back $1.2 to WKU for leaving? So essentially, Petrino had to pay $350k to WKU in order to coach them! That is great. Obviously WKU knew that Petrino was using them as a stepping stone and would leave at the first opportunity...and they were able to take advantage of that. Great move by WKU!
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Both schools are part of the Kentucky state system. Jurich will talk to KY's Sr. Senator and Gov and nobody will owe nobody nuttin.
 
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WKU is smart. They knew they were dealing with a snake and they protected themselves.
 
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