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Thread: Funny stat I saw regarding Sumlin $

  1. 01-17-2018, 10:24 AM #1
    Leroy Jenkins
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    Funny stat I saw regarding Sumlin $

    $11 million: What Arizona will pay Kevin Sumlin to coach for the next four seasons.

    $10.5 million: What Texas A&M is paying Kevin Sumlin NOT TO COACH. Entire payment is due in 9 days.
    Everyone wants to be a beast...until its time to do what beasts do.
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  2. 01-17-2018, 10:53 AM #2
    Jack Lambert
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    He isn't going hungry.
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  3. 01-17-2018, 11:31 AM #3
    jumbo
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    Quote Originally Posted by Leroy Jenkins View Post
    $11 million: What Arizona will pay Kevin Sumlin to coach for the next four seasons.

    $10.5 million: What Texas A&M is paying Kevin Sumlin NOT TO COACH. Entire payment is due in 9 days.


    Does A&M have to pay him? A lot of times the buyouts go away or are at least reduced if the guy gets another job.
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  4. 01-17-2018, 11:40 AM #4
    msstatelp1
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    Quote Originally Posted by jumbo View Post
    Does A&M have to pay him? A lot of times the buyouts go away or are at least reduced if the guy gets another job.
    Depends on what they negotiated but if you're the coach, why would you agree to anything less.tban the full contract unless you want to leave?
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  5. 01-17-2018, 12:10 PM #5
    AROB44
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    Quote Originally Posted by jumbo View Post
    Does A&M have to pay him? A lot of times the buyouts go away or are at least reduced if the guy gets another job.
    Yes....I remember reading somewhere that his buyout at A&M had to be paid in full within 90 days of this termination with no offset for another job. SO...he gets the full $10.5 mil.
    "I'm sure the universe is full of intelligent life. It's just been too intelligent to come here." -- Arthur C. Clarke
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  6. 01-17-2018, 12:38 PM #6
    Lance Harbor
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    Quote Originally Posted by AROB44 View Post
    Yes....I remember reading somewhere that his buyout at A&M had to be paid in full within 90 days of this termination with no offset for another job. SO...he gets the full $10.5 mil.
    Just in time for a nice tax cut...great timing, Coach. Great timing.
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  7. 01-17-2018, 03:40 PM #7
    basedog
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    Quote Originally Posted by AROB44 View Post
    Yes....I remember reading somewhere that his buyout at A&M had to be paid in full within 90 days of this termination with no offset for another job. SO...he gets the full $10.5 mil.
    And folks blast him saying he doesn't make good decisions. Well A+ for him hiring his agent. Dude may have been the smartest Coach in the Sec!
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  8. 01-17-2018, 03:43 PM #8
    Commercecomet24
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    Quote Originally Posted by basedog View Post
    And folks blast him saying he doesn't make good decisions. Well A+ for him hiring his agent. Dude may have been the smartest Coach in the Sec!
    He may only be a mediocre coach but he dang sure has the smarts to take care of his bank account! Kudos to sumlin.
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  9. 01-17-2018, 03:58 PM #9
    RocketDawg
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    Quote Originally Posted by Lance Harbor View Post
    Just in time for a nice tax cut...great timing, Coach. Great timing.
    I guess he saved about 2% being in the highest bracket if I remember the cuts correctly. That would be over $200K just for the buyout ... not a bad hunk of change.
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