Stainmaster
Occasionally Constructive
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- Aug 7, 2014
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Negotiated buyouts aren't nearly as rare as you believe.
Arkansas fires coach Pelphrey after 4 seasons
Florida agrees to pay $7.5 million buyout to ex-coach Jim McElwain – The Denver Post
UK settles with Gillispie for $2.98 million
Report: LSU splits with Matt Canada after negotiating down his buyout
Source: Bielema to receive $11.8 million buyout
Yeah, it'd be nice if you weren't using SEC football, where booster money is a variable we can't even consider, as a baseline.
The Gillespie firing involved a protracted legal process which I'm not sure our current administration is competent enough to engage in. Plus his off-court issues didn't manifest publicly until after the firing. Benedict knows his career is toast if it comes out in a courtroom that he knew about KO's off-court issues for nearly two years and didn't take action. And looking at how far down Gillespie's buyout was negotiated (essentially halved), $5MM vs. $10MM doesn't buy Benedict a ton of room when it comes to setting aside the next HC's salary. And knowing what we now know about Benedict being the sole driver behind the November 2016 extension, he's going to have a much tougher time kissing the ring than he did when it came to collecting Diaco's buyout.
So you're left wih John Pelphrey being paid a negotiated buyout according to sources. Granted Jeff Long doesn't seem like too smart of a guy, but I still don't trust Benedict anywhere near as much anymore.