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Firing Mike Leach Could Cost Texas Tech $1.6 Million

Amid the news that Mike Leach filed an injunction against Texas Tech and that a court date has been set for Wednesday morning are whispers that the school may just go ahead and fire him before this thing even reaches the court. According to Chris Brown, editor of Smart Football, if the university opts to fire him without cause, it'll cost 'em.

FYI if Tech fires Leach w/o cause they owe him $400k for every remaining contract year, deliverable as a lump sum. 4 yrs left, so $1.6m

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If they fire him before the 31st

The net loss would really be only $800,000, since he gets an $800,000 bonus if he’s the coach on December 31st.

In short, if Tech’s going to do anything, they’ll do it tomorrow.

by Pete Rossman on Dec 29, 2009 10:48 PM EST reply actions  

Brilliant Reporting...

… I told you guys the same thing two posts down in the comment section.

by battledome on Dec 30, 2009 9:04 AM EST reply actions  

Thanks for the heads-up on that.

by Ryan Hudson on Dec 30, 2009 11:20 AM EST up reply actions  

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