It was to be paid out over 3 years. If he got a new job, then Ole Miss would only owe him the difference in his new salary and his salary from being HC. Right before he officially signed the paperwork with the saints, he told boone he would take a one time payout at a reduced rate (66% of what was to be fully paid). Pete agreed, and the next day the Saints did a press release on their new DLine coach. Pretty savvy by the shrimper, if you ask me.