Official Jon Gruden Thread II (merged)

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#10,002
#10,002
VFL1 said:
All of the SEC fans who say that Gruden would never come to Tennessee are about to experience a rude awakening.

Vol fans, we've been through alot. And it's going to be worth every minute. The time is coming....
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Can you comment on the contract buyout standing still?
 
#10,003
#10,003
Just got an email from UT Athletics....


































It's about soccer and volleyball.....wtf UT? Nobody gives a shat about soccer and volleyball right now!!!
 
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#10,007
#10,007
VFL1 said:
All of the SEC fans who say that Gruden would never come to Tennessee are about to experience a rude awakening.

Vol fans, we've been through alot. And it's going to be worth every minute. The time is coming....
Click to expand...

Get ready to be asked for your source of info. Well, I guess I kinda just did.
 
#10,010
#10,010
HODGY said:
Without getting into the contracts too deeply it appears that all the buyouts will equal:

Dooley - $5M payable over 36mos. or more if the difference between termination without cause and end of the agreements is 36+mos.

Chaney - Rest owed under the contract payable in yearly lump sums equal to base + extra pay prorated on the payroll system. Approx. $1.8-$2M.

Sunseri - Rest owed under the contract payable as base + extra pay owed on the payroll system and payable monthly until the end of the contract Approx. $2.25M

Others - Some sort of mix between Chaney and Sunseri.

Between Dooley, Chaney, and Sunseri that is probably close to $2.75M (Dooley $1.67M + about $600K for Chaney + about $750K for Sunseri + other assistants) a year until Dooley is paid off and then another $1.25M or so for the time between Dooley paid off and Chaney/Sunseri paid off.

Add that onto any on-going buyouts with Hamilton, Pearl, and Raleigh, as well as say at minimum an $8M pool for Gruden and assistants and you have say $13-15M each year needing to be covered?

Seems like a lot (with conservative numbers) especially with the poor performance of the AD as of late.
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Does Chaney have a different contract other than the one posted by OCI. That contract goes through 12/31/2012. Also every other contract, including sal's, requires good faith efforts to gain other employment, which under the contract would decrease the payouts dollar for dollar from their new employment. If all this is true, the liability would be less than that above.
 
#10,012
#10,012
Doolittle 1720 said:
Does Chaney have a different contract other than the one posted by OCI. That contract goes through 12/31/2012. Also every other contract, including sal's, requires good faith efforts to gain other employment, which under the contract would decrease the payouts dollar for dollar from their new employment. If all this is true, the liability would be less than that above.
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No,in reference to Chaneys contract
 
#10,020
#10,020
Godfatha said:
Screw that. Look at Florida. If it was up to fans, that would have been a win. Don't put the ineptitude of this staff on the fans.
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Dude what you talking about? Hart came here to turn it around so he needs to get rid of any coaches necessary to get this headed in the right direction his loyalty is to the fans not the coaches
 
#10,024
#10,024
Doolittle 1720 said:
Does Chaney have a different contract other than the one posted by OCI. That contract goes through 12/31/2012. Also every other contract, including sal's, requires good faith efforts to gain other employment, which under the contract would decrease the payouts dollar for dollar from their new employment. If all this is true, the liability would be less than that above.
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You're right, Chaney's ends this year. Dooley's did not appear to have the mitigation provision. Perhaps the others have it like in Sal's. Either way, we're still looking at $1.5-$2M/yr. on top of whatever pool was given to Gruden and assistants.
 
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