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Post by Pantherholic on Mar 22, 2006 12:47:26 GMT -6
i heard the buyout increased to roughly $1.5 million. yes? no?
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Post by teddyp00 on Mar 22, 2006 13:24:14 GMT -6
Dont mean to stick my nose into things that may not be mine or anyones business, but what sort of non-salary concessions were made? Just wondering what things are being done to help the program. Also, that would be surprising to me if the buyout was raised to 1.5 M, but would make me happy if that was the case.
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Post by coldwind on Mar 22, 2006 14:20:54 GMT -6
So anyone willing to wager on how much Jeter got? I think it's less than you think....but I do think that there were some other, non-salary concessions by Bud. I think it's going to strengthen our program significantly! Oh,I don't doubt that...but what could UWM offer none salary wise? |
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Post by nohopspanther on Mar 22, 2006 14:29:43 GMT -6
A non-salary concession would be wiping away the buyout, not increasing it.
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damasa
Sophomore
KFC: Kick From Chuck. What else do you need?
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Post by damasa on Mar 22, 2006 14:31:47 GMT -6
A non-salary concession would be wiping away the buyout, not increasing it. I've only heard of it being increased and not being wiped out. Can anyone verify? |
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Post by nighthawk on Mar 22, 2006 14:37:31 GMT -6
My guess is there is no change to his buyout provision, his salary has gone WAY up.
The non-salary things are probably related to recruiting budgets, practice conditions, facilities improvements, travel budgets, scheduling control, and reporting relationships.
But that is all a guess.
Jeter is now in full control, and reports only to Bud on certain things, and advises him regarding other decisions.
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Post by milwsport on Mar 22, 2006 14:47:11 GMT -6
If the buyout remains that's good. If his salary was increased to 500k and the buyout is still three times his salary that would 1.5 million which may be where that rumor came from. If that's the case, there's no doubt he's staying here.
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Post by dylanrocks on Mar 22, 2006 14:48:03 GMT -6
Under the terms of the previous contract, the liquidated damage was three times Rob's annual salary. There was no talk of re-writing, but rather extending, the existing contract. In short, it's believed that the buyout is now set at $1.5 million.
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Post by nighthawk on Mar 22, 2006 15:42:22 GMT -6
Under the terms of the previous contract, the liquidated damage was three times Rob's annual salary. There was no talk of re-writing, but rather extending, the existing contract. In short, it's believed that the buyout is now set at $1.5 million. $1.5 Million = Not Going Anywhere  |
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