Johnny Rapper
Well-known member
It is very common for a coach who is Fired Without Cause to be paid out 100% of what is owed on the remaining contract.
This site lists termination packages for various NCAA basketball teams.
https://watchstadium.com/college-ba...uyout-database-for-2019-20-season-10-24-2019/
Even in those cases where it’s not 100%, it is typically 75% or 85% of what’s owed on the remaining contract. Remember, too, that Anderson’s contract was extended right after he won Big East Coach of the Year. He had leverage.
Bottom line: Unless Anderson has a completely incompetent agent, St Johns is going to have to pony up I would guess anywhere between $7.5 million to $10 million to fire Anderson after this season. That amount would be offset by any compensation he earned if he becomes a head coach elsewhere. But who’s going to hire a 63 year old who has been fired twice in a row?
Actually it takes two for this fiasco…. A competent agent and an incompetent AD.