11-26-2008, 11:11 AM
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Topic Starter
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Ghetto Superstar
Join Date: Apr 2005
Location: Midwest
Casino cash: $10004900
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Charlie Weis anyone?
Chiefs bring him in for a look if shit canned at Notre Dame?
Quote:
ESPN.com: College Football
Wednesday, November 26, 2008
Newspaper says that Weis' buyout figure isn't as high as reported
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ESPN.com news services
CHICAGO -- Is Charlie Weis' job as the head football coach at Notre Dame safe because of the size of his contract buyout? The Chicago Tribune cited sources Wednesday who dispute that.
The Tribune, citing multiple sources, reported that earlier reports on the size of Weis' buyout -- previously said to be as much as $10 million -- are inaccurate. The paper also said that the amount isn't enough to affect whether Notre Dame decides to part ways with Weis.
Notre Dame (6-5), coming off an embarrassing home loss to lightly-regarded Syracuse, plays at No. 5 USC on Saturday night (8 p.m. ET, ESPN).
The Tribune reported that typical buyouts for college football coaches are base salary times years remaining on a contract. Weis' base salary for the 2007 season was $598,000, according to a report in the Fort Wayne Journal Gazette, which attributed the figure to Notre Dame's tax forms.
If Weis' salary was up to $650,000, the paper reported, that would put his buyout at less than $5 million. The paper, citing an unnamed prominent alumnus, called a buyout figure "loose change."
Earlier this month, Notre Dame athletic director Jack Swarbrick said he will not evaluate Weis until after the season, and that anyone who suggests a coaching change could occur should know that it is "not under consideration at this time."
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http://sports.espn.go.com/ncf/news/story?id=3727946
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