What does that have to do with his contract? He has no buy out clause so you will pay the full monty to saban, regardless of his remaining for eight years or not. I would say that has more to do with $, than the love of the game. You better hope he stays the full eight years or you guys won't be able to afford the hot dogs in the stadium before much longer.:hihi::hihi:
You got this one wrong Dude. If he was going to get all the money whether he spent 3 years or 8 years that would be a guaranteed contract. The no buy out clause means he doesn't owe a penalty if he leaves early or decides to go to another school. As example, aTm had to pay Alabama quite a bit of money when fRan left because he had a buy out clause. Back on the contract, here's a reference to an article where our of our AD's talks about the contract. And... Click here for the article on the contract Did he have a buy out in his contract with LSU?
:hihi: :hihi: NOW, do you understand why I say vBulletin needs an sarcasm option (like bold) in their vB code? :thumb:
Terry, I realize the difference between a guaranteed contract and a no buy out clause. I pointed out the no buy out as proof that Saban won't have to pay you guys anything back if he leaves. Everything I have read says that his entire contract is guaranteed. Is this not the case? And if it is, then you guys have taken an incredible gamble. Add the remainder of Shula's contract which you are still paying, and the price of Bama football just quadrupled. http://www.msnbc.msn.com/id/19238189/
I have a couple of thoughts on this one...so, I apologize for the length, I can feel a ramble coming on! As to "Saban won't have to pay you guys anything back if he leaves. With a buyout, it's not a coach paying something back. It's a coach, or University, paying compensation for the remaining years of the contract. But...that's me straying away from the point. "Saban won't have to pay you guys something if he leaves." "And if it is, then you guys have taken an incredible gamble." I don't see this contract any different than the one he inked with LSU right before he left for the NFL. The only difference is the matter of $175,000. He didn't have a buyout with you guys. He didn't have a buyout with Miami as well. Gamble? I'd say, "not a gamble, but a strong investment." He's proven. Honestly, when I see that term "gamble" and people pointing to the "no buyout" as a point of controversy, I have no reaction to it at all. In fact, it really seems like a trivial point to me. I've heard "he'll leave you guys in a couple of years" so many times that if I had a dollar for every time I'd be sitting on the beach for a few weeks this summer. Let's face the facts. There isn't a buyout clause out there that could keep Saban, or any other coach from leaving if they decided they wanted to. It wouldn't give the school a stronger leg to stand on, wouldn't make the Ath. Dept. anymore secure than it is right now. About the only way a buyout clause would work in any situation is one that would say something like this. "If you decide to leave before your current contract expires, you'll have to pay us back all the monies we've paid you plus interest and penalties." Heck, in today's times that wouldn't really matter either. If a school wanted a coach bad enough, they'd fork that money over to get said coach. FWIW, the way Shula contract extension was crafted, he would have received that money if, and only if, he wasn't able to find employment. Add to that, he had to make a serious effort to find employment during that period. I don't know if he's still owed money, but my gut tells me since he's found employment he's off the record books now. Doesn't really matter though. If we were worried about his money there are plenty of our Alumni base that would have been more than happy to cut him a check, in a heartbeat. Now, back to the guaranteed part. If he quits, he doesn't get paid. If he stays 8 years he's guaranteed 32 million. If he leaves after one year, he'll get his 3.275 plus whatever incentives he's earned for that season. The contract is specific in the points if he's fired, etc., we don't owe him a penny. If he leaves, he doesn't owe us a penny. Leave it to journalist to write things that are vague. It's become their forte'. Heck, one of the writers in Huntsville wrote about the same thing MSNBC did, and, like MSNBC, he was wrong also. Research. A class no longer included in Journalism courses.
