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West Virginia
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What exactly is WVU on the hook for?
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<blockquote data-quote="WVUALLEN" data-source="post: 131866208" data-attributes="member: 1112294"><p>Your math is wrong.</p><p></p><p>if Brown were let go following the 2023 season, he would still be due $12.7 million (the amount of his contract for 2024-26). Were he to be terminated on Jan. 10, 2025, he would receive $7,310,000 (85% of the remaining two years of the contract).</p><p></p><p>if West Virginia decides to fire Brown for reasons other than violations of NCAA rules or inappropriate conduct, it will be on the hook for all or most of the remaining value of the contract, which runs through Dec, 31, 2026.</p><p></p><p>If he is let go before Dec, 31, 2024, WVU would owe him 100% of the remaining value of the contract, while a termination between Jan 1, 2025 and Dec. 31, 2026 would net Brown 85% of the total remaining contract amount.</p><p></p><h2>Neal Brown's Contract Extension</h2> <table style='width: 100%'><tr><th>YEAR</th><th>SALARY</th><th>BROWN BUYOUT</th></tr><tr><td>2021</td><td>$3,150,000</td><td>$5,837,500</td></tr><tr><td>2022</td><td>$3,500,000</td><td>$5,050,000</td></tr><tr><td>2023</td><td>$4,000,000</td><td>$4,212,500</td></tr><tr><td>2024</td><td>$4,100,000</td><td>$3,175,000</td></tr><tr><td>2025</td><td>$4,200,000</td><td>$1,075,000</td></tr><tr><td>2026</td><td>$4,400,000</td><td>$550,000</td></tr></table><p>For example, if Brown were let go following the 2023 season, he would still be due $12.7 million (the amount of his contract for 2024-26). Were he to be terminated on Jan. 10, 2025, he would receive $7,310,000 (85% of the remaining two years of the contract).</p></blockquote><p></p>
[QUOTE="WVUALLEN, post: 131866208, member: 1112294"] Your math is wrong. if Brown were let go following the 2023 season, he would still be due $12.7 million (the amount of his contract for 2024-26). Were he to be terminated on Jan. 10, 2025, he would receive $7,310,000 (85% of the remaining two years of the contract). if West Virginia decides to fire Brown for reasons other than violations of NCAA rules or inappropriate conduct, it will be on the hook for all or most of the remaining value of the contract, which runs through Dec, 31, 2026. If he is let go before Dec, 31, 2024, WVU would owe him 100% of the remaining value of the contract, while a termination between Jan 1, 2025 and Dec. 31, 2026 would net Brown 85% of the total remaining contract amount. [HEADING=1]Neal Brown's Contract Extension[/HEADING] [TABLE] [TR] [TH]YEAR[/TH] [TH]SALARY[/TH] [TH]BROWN BUYOUT[/TH] [/TR] [TR] [TD]2021[/TD] [TD]$3,150,000[/TD] [TD]$5,837,500[/TD] [/TR] [TR] [TD]2022[/TD] [TD]$3,500,000[/TD] [TD]$5,050,000[/TD] [/TR] [TR] [TD]2023[/TD] [TD]$4,000,000[/TD] [TD]$4,212,500[/TD] [/TR] [TR] [TD]2024[/TD] [TD]$4,100,000[/TD] [TD]$3,175,000[/TD] [/TR] [TR] [TD]2025[/TD] [TD]$4,200,000[/TD] [TD]$1,075,000[/TD] [/TR] [TR] [TD]2026[/TD] [TD]$4,400,000[/TD] [TD]$550,000[/TD] [/TR] [/TABLE] For example, if Brown were let go following the 2023 season, he would still be due $12.7 million (the amount of his contract for 2024-26). Were he to be terminated on Jan. 10, 2025, he would receive $7,310,000 (85% of the remaining two years of the contract). [/QUOTE]
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What exactly is WVU on the hook for?
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