The buyout

#1
Donvolson

Donvolson

John Donelson
Joined
Aug 29, 2012
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#1
Please correct me if I am wrong. I thought Dooley's buyout would cease if he found any other job coaching anywhere. Is this the way his contract was structured? UT should have insulated itself against this either way
 
#4
#4
I heard on the radio that Dooley and Sunseri's buy outs are guaranteed. The other coaches are based on the salary from their next job.
 
#7
#7
Dooley gets full buyout. Assistant coaches buyout is reduced by the amount that their new job pays. I remember Shula's buyout was reduced because he took another job, but good old Hamilton just gave DD whatever.
 
#8
#8
#9
#9
Hamiltons ignorance could still be haunting us for 10 years or longer if we can't get the homerun hire this time and go to another coach again in 3 or 4 years.

Tennessee could become WR U and the coaches training center of America.

VFL...GBO!!!
 
#11
#11
I cannot verify Dooley’s contract stipulations but I can tell you have seen many high profile contracts with sports figures where the employer normally has some type of clause in the contract that if the employee leaves for any reason and obtains employments of either a greater or lesser amount of pay there is a sliding scale to determine the employee termination pay. What difference does it make Haslam has already agreed to write Dooley a $5M just to get him to leave.
 
#12
#12
Miavol said:
I cannot verify Dooley’s contract stipulations but I can tell you have seen many high profile contracts with sports figures where the employer normally has some type of clause in the contract that if the employee leaves for any reason and obtains employments of either a greater or lesser amount of pay there is a sliding scale to determine the employee termination pay. What difference does it make Haslam has already agreed to write Dooley a $5M just to get him to leave.
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Total BS!!!

You don't know what Haslam has agreed to do and he might have said he's tired of coaching buyouts and UT has to deal with it however they can figure it out.

Haslam just spent $1 Billion on a NFL team so he has lots more important things on his mind than to worry about UT football all the time especially after we've been a mess now for 10 years.

Most businesses are now having to totally restructure their employees working times to try and move more people to less than 30 hours working to keep from losing loads of money on the new healthcare scam that won't be stopped now.

This horrid economy and the new higher taxes that are coming at all of us and at all businesses are not condusive to wealthy people throwing much money around to any charity especially when they do NOT know if the new tax code will change donations status and no longer be a tax write off.

VFL...GBO!!!
 
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#14
#14
Fun fact - If Jim Haslam spent $5 mil / year, assuming he gained or lost nothing off his investments and taxes weren't a factor (lol, I know), it would take him 240 years to go through his dough.

Of course, this is assuming his estimated net worth of $1.2 Bil is correct.
 
#15
#15
Titan&Volfan4life said:
Total BS!!!

You don't know what Haslam has agreed to do and he might have said he's tired of coaching buyouts and UT has to deal with it however they can figure it out.

Haslam just spent $1 Billion on a NFL team so he has lots more important things on his mind than to worry about UT football all the time especially after we've been a mess now for 10 years.

Most businesses are now having to totally restructure their employees working times to try and move more people to less than 30 hours working to keep from losing loads of money on the new healthcare scam that won't be stopped now.

This horrid economy and the new higher taxes that are coming at all of us and at all businesses are not condusive to wealthy people throwing much money around to any charity especially when they do NOT know if the new tax code will change donations status and no longer be a tax write off.

VFL...GBO!!!
Click to expand...

I guess you do not read the news papers.
 
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#16
#16
Miavol said:
I cannot verify Dooley’s contract stipulations but I can tell you have seen many high profile contracts with sports figures where the employer normally has some type of clause in the contract that if the employee leaves for any reason and obtains employments of either a greater or lesser amount of pay there is a sliding scale to determine the employee termination pay. What difference does it make Haslam has already agreed to write Dooley a $5M just to get him to leave.
Click to expand...

Dang dude your avatar

HornyAlert.gif
 
#17
#17
Thank you. I was quite unsure about that one and I think he should give all the money back . He should also be fined 10,000$ for sucking as our coach
 
#23
#23
I didnt know there was so much money in ruining an entire football program. shoot I could do that, I need to change jobs
 
#24
#24
salutethehill said:
Fun fact - If Jim Haslam spent $5 mil / year, assuming he gained or lost nothing off his investments and taxes weren't a factor (lol, I know), it would take him 240 years to go through his dough.

Of course, this is assuming his estimated net worth of $1.2 Bil is correct.
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Net worth is far different than cash in the pocket my friend.

UTAD needs cash and LOTS of it to buyout CDD and his staff, hire a new coaching staff, build a new dorm for the players and to keep the everyday functions running, ect, ect.

The unknowns of what IS going to come at us out of Washington, DC are stopping businesses and the wealthy from doing much now except waiting to see what's going to get forced on them next by the oDUMBa administration.

The healthcare scam was forced down our throats and it won't be stopped now and even the Demoncraps have admitted it will costs MORE money, lose jobs, lose coverage for millions of people and cost the States more money which is why some Unions and other friends of the Demoncraps are waivers to let them out of that garbage.

We all KNOW for a fact that a new tax code IS coming at us so taxes WILL go up but the business write offs and increases taxes on businesses will be taking profits right off the top and nobody knows yet what writeoffs will vanish or how much the taxes are going up so planning for anything now is all speculation and guesses and businesses aren't able to put plans together based on guessing.

Our big $$$ boosters have lots of unknowns and things to worry about right now and Tennessee football won't be high on their priority list unfortunately.

I just hope we find a way to get a rock solid homerun hire but I seriously doubt it.

VFL...GBO!!!
 
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