His buyout is 60% of his remaining total compensation, paid out per year through January 2026. So let's do the math here. If he were fired after 2020, that would be his $4.2 million average salary x 5 years = $21 million. Now, he only gets 60% of that, so UT would owe him $12.6 million over five years. Good chance that he sits out for a year, So that's a $2.5 million check for year one. IF he takes a DC job after that for $1 million or so, that's only $4 million off of the bill, which may take some money off, but it's not "quite a bit."
BUT one more thing: Tennessee State law requires state agencies to set aside 100% of a contractual employee's owed buyout at the time of termination. So the UTAD has to come up with every penny of the $12.6 million within 30 days of termination and deposit it in the state fund that then distributes the payments. Any offset is returned later at the time the payment to the fired employee. So offset money is nice on the back end, but it does nothing to soften the blow at the time of the firing.