Contract Analysis: Clarification on the Liquidated Damages for Greg Schiano to Leave Rutgers

According to Rutgers athletics spokesman Jason Baum and Bloomberg News, former Rutgers head coach Greg Schiano (read about his emotional farewell at NFL.com) owes the school about $800,000 in buyout and loan payments for leaving Rutgers.  He, of course, is off to the NFL to coach the Tampa Bay Buccaneers. Just to make sure that […]

Contract Analysis: What Texas A&M Must Pay Mike Sherman to Leave

Texas A&M was hoping that Mike Sherman would lead their team to a Big 12 Championship this season, but they finished the regular season a disappointing 6-6.  Sherman was fired on Thursday (Dec. 1) after just one winning season in his four years with A&M.  In his farewell address, Sherman said “I’m disappointed and accountable, […]