Stoops Buyout Structure

Thank you coach! One last salute to the fans

What's a non-disparagement provision? Does that mean he doesn't get his money if he says mean things?

Not bad. Hale reporting Stein making $5.5 a year. So overall it’s not too much more expensive than keeping Stoops

I’m actually glad that he didn’t take less money. As he shouldn’t. This is a billion dollar industry. Not a charity. This is him actually basically loaning money to the school interest free.

Me2 said:

What's a non-disparagement provision? Does that mean he doesn't get his money if he says mean things?

Yep.

Man I'd love to be a fly on the wall when that $4m drops into Stoops account in a couple days.

could you imagine been so bad at your job they pay you 6 million a year not to work

Me2 said:

What's a non-disparagement provision? Does that mean he doesn't get his money if he says mean things?

If means if he wants to get paid, he can’t tell the truth about the support or lack thereof he received from Mitch and the entire NIL setup.

NickRoush said:

He’s getting a good chunk up front, then about $7 million a year.

I said this before, but I’ll repeat it again. Mitch handled this whole situation BEAUTIFULLY. He reached out to Stein (and maybe Sumrall) when we were 2-5 and it looked like a separating was unavoidable. When we got curb stomped the last two games, he made the difficult but correct call, in letting Stoops go. BUT, he did it in such a manner that was a win-win for Stoops and UK. Stoops is getting his $$$, but the buyout timeline isn’t going handcuff UK athletics.

At least someone from this year got their money right. Crazy thing is, it’s still not Garrett

deleted

Bailing out Barnhart’s dumbass again.

HoochieMan said:

Man I'd love to be a fly on the wall when that $4m drops into Stoops account in a couple days.

He has a chance to do the funniest thing in the world by recreating the Calzada video.

The disparagement clause a normal thing? Cause if not that could be telling.

Mitch is on the books for over 12 million per year to football coaches until 2031… let that sink in

The absence of a mitigation clause is inexcusable. Even more so, though is the absence of people being accountable for writing the contract (Attorneys) approving contract (board) and signing the contract (AD).

Jamesw1988 said:

could you imagine been so bad at your job they pay you 6 million a year not to work

Better off than any of us.

Those 4th of July pool parties at Stoops' place are going to be epic!

That’s still an insane amount of money and a terrible contract but I’m glad things ended as well as they could have.

Me2 said:

What's a non-disparagement provision? Does that mean he doesn't get his money if he says mean things?

That’s how I read that.

BigPlayRay said:

I’m actually glad that he didn’t take less money. As he shouldn’t. This is a billion dollar industry. Not a charity. This is him actually basically loaning money to the school interest free.

Plus Barnhart doesn’t deserve to be bailed out, so I’m good with it.

I do wonder if Barnhart is still "proud of that" buyout structure? My guess, he would say, "yes."

Mark Stoops Burner said:

Mitch is on the books for over 12 million per year to football coaches until 2031… let that sink in

I think Auburn is still paying Malzahn and LSU is paying Orgeron. A&M had to lump sum Jimbo. Part of being a school that takes football seriously.

ChinColemansGlasses said:

At least someone from this year got their money right. Crazy thing is, it’s still not Garrett

BAHAHAHA