How Will Muschamp’s buyout structure fits with the rest of the SEC
Nov. 11, 2019
After each South Carolina loss this season, some segment of the Gamecocks fan base asks about moving on from the coach. USC Athletics Director Ray Tanner explained several times that Muschamp’s buyout is “comparable” to the rest of the SEC. And the contracts in the sport’s wealthiest league tell the tale.
His buyout is 75 percent of whatever is remaining on his deal. The extension at the start of 2018 gave him a six-year deal, and after last season, he was given another year. That length of contract is often justified as providing stability to reassure recruits.
Tanner said the buyout is mitigated, meaning whatever his next job pays him will come off the money South Carolina owes that year. Between base salary, television, radio and apparel income, Muschamp’s salary for 2019 was $4.4 million and would be $4.6 million next year.(VIEW ARTICLE) THE STATE
Nov. 11, 2019
After each South Carolina loss this season, some segment of the Gamecocks fan base asks about moving on from the coach. USC Athletics Director Ray Tanner explained several times that Muschamp’s buyout is “comparable” to the rest of the SEC. And the contracts in the sport’s wealthiest league tell the tale.
His buyout is 75 percent of whatever is remaining on his deal. The extension at the start of 2018 gave him a six-year deal, and after last season, he was given another year. That length of contract is often justified as providing stability to reassure recruits.
Tanner said the buyout is mitigated, meaning whatever his next job pays him will come off the money South Carolina owes that year. Between base salary, television, radio and apparel income, Muschamp’s salary for 2019 was $4.4 million and would be $4.6 million next year.(VIEW ARTICLE) THE STATE
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