Paying coaches not to coach - Printable Version

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Paying coaches not to coach - FarmBoy - 05-28-2015

An ignominious list: http://espn.go.com/college-football/story/_/id/12963172/notre-dame-auburn-nebraska-pay-fired-coaches-brobdingnagian-buyouts


Some notable members:
[color=rgb(51, 51, 51)]Charlie Weis I - $18.9M[/color]
[color=rgb(51, 51, 51)]Former school: Notre Dame[/color]
[color=rgb(51, 51, 51)]Date of firing: Nov. 30, 2009[/color]
[color=rgb(51, 51, 51)]Agent: Bob LaMonte[/color]
[color=rgb(51, 51, 51)]Estimated remaining buyout: Two annual payments of $2,054,744[/color]
[color=rgb(51, 51, 51)]Note:The Fighting Irish have already paid Weis more than $14.8 million not to coach, including an initial payment of about $6.6 million.[/color]
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[color=rgb(51, 51, 51)]Charlie Weis II - $5.6M[/color]
[color=rgb(51, 51, 51)]Former school:Kansas[/color]
[color=rgb(51, 51, 51)]Date of firing: Sept. 28, 2014[/color]
[color=rgb(51, 51, 51)]Agent:Bob LaMonte[/color]
[color=rgb(51, 51, 51)]Estimated remaining buyout: 19 monthly payments of $200,893[/color]
[color=rgb(51, 51, 51)]Note: Weis earned about $2.1 million for each of his six victories at Kansas -- including wins over South Dakota, South Dakota State and Southeast Missouri State.[/color]
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[color=rgb(51, 51, 51)]Jeff Tedford - $5.5M[/color]
[color=rgb(51, 51, 51)]Former school: California[/color]
[color=rgb(51, 51, 51)]Date of firing: Nov. 20, 2012[/color]
[color=rgb(51, 51, 51)]Agent:Tim Younger[/color]
[color=rgb(51, 51, 51)]Estimated remaining buyout: Seven monthly payments of $198,000[/color]
[color=rgb(51, 51, 51)]Note: Cal's buyout to Tedford would have been reduced only if he'd accepted another coaching job that paid more than $1.5 million annually.[/color]

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