Tom Herrion's Contract Buyout interesting

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Dayons_Den
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Tom Herrion's Contract Buyout interesting

Post by Dayons_Den »

Tom Herrion is the HC here at the College of Charleston and enjoyed early success and is on similar grounds as our own Dan Dakich. This is an article with some interesting things regarding his $1 million buyout clause, I have high-lighted the most interesting to me. . .

http://www.charleston.net/stories/?news ... ion=sports
If Herrion breaks his contract, he would owe the College his annual salary of $150,000 times the number of years remaining on the agreement, which right now would be $600,000. If he breaks his contract to take a head-coaching job at a school in a major conference - defined as the Atlantic Coast, Southeastern, Big East, Big 12, Big 10, Pac-10 or Conference USA - a condition of employment would have to be a four-year, home-and-home series with Charleston.
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Post by 1987alum »

And even if the new school didn't want the home-and-home deal, Charleston could negotiate an additional price to buy out those games. Slick.
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Post by transfer2BGSU »

Only a $50,000 bonus if he wins the National Championships?

I realize that it is very unrealistic for CoC to win the NCAA championships, but c'mon and put some "ooomph" behind an accomplishment like that at a school like CoC.
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Post by TG1996 »

transfer2BGSU wrote:Only a $50,000 bonus if he wins the National Championships?

I realize that it is very unrealistic for CoC to win the NCAA championships, but c'mon and put some "ooomph" behind an accomplishment like that at a school like CoC.
No doubt!

Though maybe they had discussions that the never-ending line of tail that would line up for the guy that brought CofC a national title was enough to offset monetary differences.

Just think, Coach L was two wins away from "BootyFest '06" in Fairfax... :shock:

In semi-unrelated news, I found it interesting that on the GMU hoops front page last week (and I imagine it's still there), at the bottom of the list of links for news, ticket info, bios, etc. was a "give to GMU" link.
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