[Husker] Mason Fired at Minnesota

[j j]

I wasn't even talking of the buyout part. I was just thinking that a person could live real comfortably on the two year salary alone. Heck I would be in heaven if someone gave me 3.5 to 4 million each of the next two years. I can almost guarentee that I would not have to work another day in my life. 




jonlists at cbsol.com wrote: Unless you're Larry Brown?????? 

Jon Johnston
http://www.cornnation.com

husker-bounces at tssi.com wrote on 01/03/2007 07:51:36 AM:

> Saban's current contract with the Dolphins has either 3 for 15M or 4 for
> 20M left, so depending on what the Bama deal is, keep in mind he is
> walking away from 1M to 1.5M dollars PER YEAR if he decides to leave for
> Bama. His Dolphins contract is also structured so that he has no
> financial liability if he does in fact leave.
> 
> As for being "set for life", it depends. First, contract buyouts are
> rarely done at the full per year value of the contract. Typically the
> buyout language would pay say 2M per instead of the full 3.5M or 4M.
> Second, it is not as if you receive a lump sum of money like winning the
> lottery. The buyouts are typically paid as an annuity, and if you take a
> new job that annuity typically ends. It isn't as if you could get fired
> after 4 seasons at Bama, get paid 4M a year from them for 6 more years
> AND get paid 2M or 3M annually from your new employer. 
> 
> FYI.
> 
> Jeff
> 
> 
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