So with a 10-10 record since he got there, you figure the UT big wigs have his buyout ready and are probably negotiating with UTSA's Jeff Traylor by now.
Here’s the part that the currently disgruntled Texas fans are looking for. Sarkisian’s buyout structure is fairly simple. His contract states that if Texas severs ties with the head coach, then the university will owe him 70% of whatever is remaining on his contract in base salary and supplemental salary.
For simplicity’s sake, let’s say Texas fires him at the end of this season, on Dec. 31. He would have $22,480,000 remaining on his deal — remember, his retention bonus would not come into play here. Seventy percent of that is $15,736,000, which would amount to his total buyout. That sum would be paid out in monthly installments through 2026 when the contract would have otherwise expired.
Simply put, THE WHINY ORANGE ARN'T BACK and the monied alums who run that school have a short leash on the Sark.
Here’s the part that the currently disgruntled Texas fans are looking for. Sarkisian’s buyout structure is fairly simple. His contract states that if Texas severs ties with the head coach, then the university will owe him 70% of whatever is remaining on his contract in base salary and supplemental salary.
For simplicity’s sake, let’s say Texas fires him at the end of this season, on Dec. 31. He would have $22,480,000 remaining on his deal — remember, his retention bonus would not come into play here. Seventy percent of that is $15,736,000, which would amount to his total buyout. That sum would be paid out in monthly installments through 2026 when the contract would have otherwise expired.
Simply put, THE WHINY ORANGE ARN'T BACK and the monied alums who run that school have a short leash on the Sark.
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