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Hawaii want 400K from JJ

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Hawaii want 400K from JJ

Postby me@smu » Wed Jan 09, 2008 6:49 am

Apparently there is a poison pill in his old contract that if he left prior to the expiration of his contract, 6/30/08, then he owes them roughly 400k.

Will our circle of champions help cover this as well...I mean what is another 20k to the 20 or so that is paying his salary
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Postby PonySnob » Wed Jan 09, 2008 7:02 am

pocket change.....................
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Postby mr. pony » Wed Jan 09, 2008 7:43 am

tip money for the deal .....
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Postby Duke Blue Blood » Wed Jan 09, 2008 7:48 am

I think they will get out of that.
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Postby me@smu » Wed Jan 09, 2008 7:58 am

I would think most schools they would get out of it...with Hawaii though that is 8 years of recruiting...can't see them passing that up wihtout a fight
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Postby Pony^ » Wed Jan 09, 2008 8:02 am

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Postby Pony^ » Wed Jan 09, 2008 8:31 am

Hawaii needs that $400k from Jones to pay Frazier's $312k (plus bonuses) buyout. Oh, the irony . . .


Athletic director's bonuses
Herman Frazier's contract promises the following bonuses:
$20,800: (A month's salary) if the football team is the champion of its conference.
$7,500: When the football team competes in a bowl game.
$15,000: If the athletics program operates with an increase in net assets for two consecutive years, and the athletics program repays a $1 million note payable to the university.

http://starbulletin.com/2008/01/09/news/story01.html
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Postby davidsmu94 » Wed Jan 09, 2008 9:26 am

That or cover their recruiting budget for the next decade
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Postby Pony^ » Wed Jan 09, 2008 9:31 am

Too bad for Hawaii that Frazier did not get a bonus for extending the football coach's contract.
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Postby OR-See-Nee » Wed Jan 09, 2008 10:11 am

Let 'em sue. I'm sure Stallion would be more than willing to defend that one.
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Postby couch 'em » Wed Jan 09, 2008 10:18 am

JJ more than paid them $400k when he took them to the Sugar Bowl.
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