Pieces falling in place for Buzz to OU >>> Dallas Morning News

The person who wrote the article is a journalist, not a lawyer so they don't understand contracts.

The Mizzou AD was on the radio this morning here in KC and explained buyouts in a coaches contract. The buyout is only = the amount of base salary time X years. For Mike Anderson, who was making almost 2 million per year, his base salary of that 2 million (base is defined as that portion paid by the institution) was $275K. The contract MU was owed that amount times 2 years for a buyout, which equals 550K that Arkansas owes MU.

I would guess we would owe Marquette around the same amount, but probably less.

i'm not sure there is any "normal" or "standard". the buyout can be anything from the entire amount of the contract (i.e. no buyout) to nothing.

i've also seen it stated that the amount the school owes a coach, if fired is the same as the amount the coach owes a school, if he leaves. which is also not necessarily true.
 
I posted this on another thread but thought I would add it here. I was told earlier tonight that if Marquette loses tomorrow Buzz will be named our coach on Tuesday or Wednesday. $2.1 million per year.
 
I posted this on another thread but thought I would add it here. I was told earlier tonight that if Marquette loses tomorrow Buzz will be named our coach on Tuesday or Wednesday. $2.1 million per year.

That's a big statement, I sure hope it is true. We'll see!
 
I posted this on another thread but thought I would add it here. I was told earlier tonight that if Marquette loses tomorrow Buzz will be named our coach on Tuesday or Wednesday. $2.1 million per year.

Tim -- do you have a good source? Please tell me it's not James Hale? :ez-laugh:
 
SPORTSbyBROOKS SPORTSbyBROOKS
Marquette is prepared to offer Buzz Williams 10-year deal to stay.
7 minutes ago
 
My source is definitely not James Hale. The next story he breaks will be his first. I feel the source is good, there were way to many details like names and stuff of that nature to be completely fabricated. I guess I will see next week how good the source is. It did emphasize if they lose tonight so let's hope they lose tonight so we can get this thing wrapped up. I posted it because I feel it is credible. FWIW someone texted similiar info to the sports animal today and they read it on air. My only concern is Buzz is using his connections in Oklahoma to stir the pot and get himself a raise. Doesn't sound like his MO and I think his teams performance alone will accomplish that. I know for a fact that someone in Oklahoma is telling people at OU that Buzz will take the job so hopefully it's not being done to get a better deal at Marquette.
 
My source is definitely not James Hale. The next story he breaks will be his first. I feel the source is good, there were way to many details like names and stuff of that nature to be completely fabricated. I guess I will see next week how good the source is. It did emphasize if they lose tonight so let's hope they lose tonight so we can get this thing wrapped up. I posted it because I feel it is credible. FWIW someone texted similiar info to the sports animal today and they read it on air. My only concern is Buzz is using his connections in Oklahoma to stir the pot and get himself a raise. Doesn't sound like his MO and I think his teams performance alone will accomplish that. I know for a fact that someone in Oklahoma is telling people at OU that Buzz will take the job so hopefully it's not being done to get a better deal at Marquette.

I have a hard time rooting for UNC, but I don't mind rooting for the refs to screw Marquette out of a win. OU can present a new challenge to take his mind off of the injustice ;)
 
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