The University of Tennessee was scheduled to make its final payment to its former football coach this month as part of his buyout four years ago.
Dooley was fired by Tennessee on Nov. 18, 2012, with one game remaining in the regular season. The university had to pay $5 million to buy out the remainder of Dooley’s contract. The guaranteed payments were due in installments of $102,049 per month through December of this year.
The university owed Dooley’s entire staff nearly $9.36 million in potential buyout money, including $645,000 guaranteed to Jim Chaney, who is now the offensive coordinator at Georgia.
http://www.tennessean.com/story/spo...s-final-buyout-payment-derek-dooley/95217948/
Dooley was fired by Tennessee on Nov. 18, 2012, with one game remaining in the regular season. The university had to pay $5 million to buy out the remainder of Dooley’s contract. The guaranteed payments were due in installments of $102,049 per month through December of this year.
The university owed Dooley’s entire staff nearly $9.36 million in potential buyout money, including $645,000 guaranteed to Jim Chaney, who is now the offensive coordinator at Georgia.
http://www.tennessean.com/story/spo...s-final-buyout-payment-derek-dooley/95217948/