June Jones Contract

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

Base salary from the university

mrydel · Post by **mrydel** » Sun Jan 06, 2008 8:07 pm

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

It is half of $800,016.

Now you can ask why the contract began at $400,008 and grew to $800,016.

Sounds like we are arguing over who pays the $400,008. Someone want to ante up?

PonyDogg · Post by **PonyDogg** » Sun Jan 06, 2008 8:07 pm

If he resigned, would he need permission or just pay the $400k?

StangEsq · Post by **StangEsq** » Sun Jan 06, 2008 8:08 pm

The fact that they gave us permission to talk to him would seem to indicate that they would release him if he decided to come here.

NewPonyFan · Post by **NewPonyFan** » Sun Jan 06, 2008 8:10 pm

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

That's only for an NFL job - and in that case he wouldn't have to pay the damages.

mrydel · Post by **mrydel** » Sun Jan 06, 2008 8:11 pm

They could easily require the buyout, and they may very well do so from what we have heard about them. That will probably be the bulk of the next coach's contract for them.

BRStang · Post by **BRStang** » Sun Jan 06, 2008 8:18 pm

mrydel wrote:They could easily require the buyout, and they may very well do so from what we have heard about them. That will probably be the bulk of the next coach's contract for them.

If they do require the buyout, there should be no snag. The snag, as I see it, is if they were told that there would be no problems getting a release from Hawaii, but that it just didn;t happen yet. IOW, SMU does not want to pay the 400K and would rather wait to get the release before pulling the trigger.

Pony Soup · Post by **Pony Soup** » Sun Jan 06, 2008 8:19 pm

BRStang wrote:
mrydel wrote:They could easily require the buyout, and they may very well do so from what we have heard about them. That will probably be the bulk of the next coach's contract for them.

If they do require the buyout, there should be no snag. The snag, as I see it, is if they were told that there would be no problems getting a release from Hawaii, but that it just didn;t happen yet. IOW, SMU does not want to pay the 400K and would rather wait to get the release before pulling the trigger.

Ford doesn't write his own checks. May need someone to cut one in the AM.

westexSMU · Post by **westexSMU** » Sun Jan 06, 2008 8:23 pm

Their AD has already said he will release JJ. This deal is DONE !! Everybody RELAX !

BRStang · Post by **BRStang** » Sun Jan 06, 2008 8:23 pm

firephil wrote:
BRStang wrote:
mrydel wrote:They could easily require the buyout, and they may very well do so from what we have heard about them. That will probably be the bulk of the next coach's contract for them.

If they do require the buyout, there should be no snag. The snag, as I see it, is if they were told that there would be no problems getting a release from Hawaii, but that it just didn;t happen yet. IOW, SMU does not want to pay the 400K and would rather wait to get the release before pulling the trigger.

Ford doesn't write his own checks. May need someone to cut one in the AM.

If SMU is paying the buyout, there is NO HOLD UP with respect to that issue. It's not like they have to pay the buyout immediately. I suspect they may be trying to get that release and save themselves $400K....but what do I know?

mrydel · Post by **mrydel** » Sun Jan 06, 2008 8:29 pm

westexSMU wrote:Their AD has already said he will release JJ. This deal is DONE !! Everybody RELAX !

Yeah. He has proven to be an upright kind of guy.

mustangbill67 · Post by **mustangbill67** » Sun Jan 06, 2008 9:02 pm

If Hawaii University wants to play hardball, it can require the payment of the LD's (in fact a buyout for an early termination of the contract). If in fact 20 boosters are paying JJ salary, this would be an additional 20,000 each. Of course, SMU could pick this up since it is off the hook for any salary for the next 5 years. Oh I forgot, SMU is already running a deficit. This seems like something that can be worked out.

DonkeyKong · Post by **DonkeyKong** » Sun Jan 06, 2008 9:06 pm

I don't think UH AD tells JJ to call him if he is going elsewhere or says that they won't get in the way of him going elsewhere if they are going to play hardball? Sure they might now, but they didn't need to say any of that if they weren't going to give him the opporunity in the first place.

mrydel · Post by **mrydel** » Sun Jan 06, 2008 9:11 pm

You know, I thought it was kind of cute when the AD told Jones to call him before he finalized any deal. That is kind of like telling the girl that is walking out on you to please call after her date with her new guy. BUT with the release needed, that kind of assured that one more call will have to be placed by either Jones or Steinberg in order to make the request. Not a bad ploy at all.

PhirePhilBennett · Post by **PhirePhilBennett** » Sun Jan 06, 2008 9:16 pm

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

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

He's already substantially performed his part of the agreement (in fact, 100% performed) for the final year of his contract.

June Jones Contract

Re: June Jones Contract