Oklahoma State signs an auto-roll contract with Gundy

[cyptomcat]

 

[LegendaryGT]

Whoa, who the hell was trying to hire him away? They must have been bringing the jet fuel to the table.

 

[GT98]

What's the big deal? Those always work out well.

 

[18in32]

I don't think the Ok St AA is that worried about having the cash to buy him out, if and when that becomes necessary.

 

[BigGTMike]

Nice. We should try this.

 

[bravejason]

I wonder how the buyout is calculated if he is fired. If Oklahoma State is managing risk, then the buyout will be a relatively small amount (say, $1M) by year 5 or so. If they went the Hewitt route, the buyout will forever be $16M if Gundy is fired after the season and $20M if he his fired during the season.

 

[05GTCorndog]

FWIW, he has had a pretty darn good run at OK St. No coach has had close to the sustained level of success he has had there.

The auto-renew sucks, but it isn't like they are giving this out after 1 or 2 good seasons.

 

[cyptomcat]

I wonder how the buyout is calculated if he is fired. If Oklahoma State is managing risk, then the buyout will be a relatively small amount (say, $1M) by year 5 or so. If they went the Hewitt route, the buyout will forever be $16M if Gundy is fired after the season and $20M if he his fired during the season.

I think it's the latter, buyout stays high, but increases slowly fwiw.

 

[ScionOfSouthland]

The power of the mullet compels them

 

[floridajacket]

 

[floridajacket]

What's the big deal? Those always work out well.

They always work out very well for at least one of the parties.

 

[MidGABuzz]

T. Boone will pick up the tab, assuming he is still alive.

 

[zippyGT]

What's the big deal? Those always work out well.

It's a good thing Braine isn't around anymore. If he was, GT might be on the hook for Gundy's buyout.

 

[texstinger]

Hopefully, somehow, this will benefit Glenn Spencer as well.

 

[Bob Benson]

The mullet is a sign of the times. #Inflation