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Joined: 01/31/2001
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NH HOKIE

After reading the terms of CMD's contract

my only question is what are the buyout options if she decides to leave in the future. I hope Whit learned his lesson from KB's contract extension that had an easy buyout.
Posted: 04/05/2024 at 01:59 PM ET

Thread Replies (17)

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After reading the terms of CMD's contract ◄
NH HOKIE • 04/05/24 01:59 PM ET
That’s a delicate balancing act for an AD
Marooned • 04/05/24 02:43 PM ET
Why do all Hokies insist on trying to figure out how to keep people who
King of Hokies • 04/05/24 02:40 PM ET
It’s a reasonable question on the day the contract details are released**
Hokie-NC • 04/05/24 02:56 PM ET
Why? Is it bad if the buyout is low? Is it good if the buyout is high? Why
King of Hokies • 04/05/24 03:01 PM ET
We all have different things we're interested in. @NH HOKIE asked
saret • 04/05/24 05:31 PM ET
It happens in business all the time
thunar • 04/05/24 02:44 PM ET
Buyouts do NOT happen in business all the time. A buyout is not the same as
King of Hokies • 04/05/24 03:02 PM ET
I wasn't using an analogy. I was giving examples of how private Businesses
thunar • 04/05/24 03:33 PM ET
It's not at all common at the executive level to try to force employees to
King of Hokies • 04/05/24 05:39 PM ET
Think of it like a Premier League transfer fee**
ModerateHokie • 04/05/24 03:04 PM ET
That's not it. It's about making sure VT is well compensated if she leaves.
ModerateHokie • 04/05/24 02:43 PM ET
Coaches have all the leverage.**
NokieHokie • 04/05/24 04:28 PM ET
A great coach with a good agent is going to negotiate the smallest buyout
King of Hokies • 04/05/24 02:46 PM ET
That's why it's a negotiation. But the school should try to negotiate a
ModerateHokie • 04/05/24 02:49 PM ET
It's not if, it's when...**
NokieHokie • 04/05/24 02:33 PM ET
3 days on the job and already leaving **
DGHOKIE • 04/05/24 02:16 PM ET
I also wonder if any of the tournament bonuses increased.
HokieSignGuy • 04/05/24 02:07 PM ET