June Jones Contract

Stallion · Post by **Stallion** » Sun Jan 06, 2008 7:58 pm

Let's take a look and see if we can figure this out.

http://images.usatoday.com/sports/graph ... aii_fb.pdf

FWMustangGirl · Post by **FWMustangGirl** » Sun Jan 06, 2008 7:59 pm

Time to be grateful for all the attorneys on this board!

StangEsq · Post by **StangEsq** » Sun Jan 06, 2008 8:00 pm

Hey, it's my day off.

Pony Soup · Post by **Pony Soup** » Sun Jan 06, 2008 8:00 pm

10.2

Coach therefore agrees, and specifically promises, not to accept employment, under any circumstances, as men's fb coach at any institution of higher ed that is a member of NCAA....requiring performance of duties prior to the expiration date of this contract (june30)...without first obtaining a written release of this Agreement or a negotiated settlement thereof in writing accepted by Coach and the University.

Stallion · Post by **Stallion** » Sun Jan 06, 2008 8:02 pm

you beat me-haven't found a buyout yet

BRStang · Post by **BRStang** » Sun Jan 06, 2008 8:02 pm

Yeah, and 4.1, since his contract runs thru June 30. Has to be released.

Stallion · Post by **Stallion** » Sun Jan 06, 2008 8:03 pm

10.4 liquidated damages of $400,008. Why would that cause a big problem?

Mountain Mustang · Post by **Mountain Mustang** » Sun Jan 06, 2008 8:03 pm

Don't know wny there'd be a buyout of this because he's completed the contract. At least that's what Steinberg's saying.

Pony_Fan · Post by **Pony_Fan** » Sun Jan 06, 2008 8:04 pm

It says he had to do so by Jan 7th, 2008, no wonder. (but for NFL?)

mrydel · Post by **mrydel** » Sun Jan 06, 2008 8:04 pm

I guess he could just promise to do a real crappy job for them unitl June and then come on over. That would certainly hurt us but it could shut them down.

DiamondM75 · Post by **DiamondM75** » Sun Jan 06, 2008 8:05 pm

10.4 if coach breaches under 10.2 then the damages are $400,008. No problem.

peruna11 · Post by **peruna11** » Sun Jan 06, 2008 8:05 pm

$400k in 10.4

jtstang · Post by **jtstang** » Sun Jan 06, 2008 8:06 pm

It'll cost him $400,008 to get that release. Wonder how they came up with that odd figure.

StangEsq · Post by **StangEsq** » Sun Jan 06, 2008 8:06 pm

Didn't Frazier already say something to the effect that UH wouldn't stand in the way of him going elsewhere? It would really be a dumb move at this point anyway, since his agreement is done before next year. That would just [deleted] him off and he'd take an NFL asst. job next year.

BRStang · Post by **BRStang** » Sun Jan 06, 2008 8:06 pm

DiamondM75 wrote:10.4 if coach breaches under 10.2 then the damages are $400,008. No problem.

Maybe SMU doesn't want to pay the LDs. It's not chump change, you know. (It's easy to throw around someone else's money.)