[quote="bamafan" post=288813][quote="redmannorth" post=288798][quote="Beast of the East" post=288766][quote="fordham96" post=288755]Look if I am Kevin Ollie I am going after my money. As we all would. Jay Bilas:
https://twitter.com/JayBilas/status/1009791922716766208[/quote]
In a negotiation like this, it's all about the stomach you have for the risk involved. Ollie has $10 million coming to him. If he is supremely confident, he let's this go to civil trial, spends a ton of his own money on lawyers, and could come out with a fraction of the $10 million, or even nothing except a legal bill for his risk.
If he flinches, he may settle for half or somewhat less than $10 million.
I guarantee you the school thought of this when they decided to give Hurley a multi year deal at $10 million per.
I seen this many times. The school has nothing to lose and everything to gain. They can afford the lawyers should this be challenged, and personally no one is risking anything. Ollie on the other hand will come out of this with something, and as most lawyers would advise, settle without litigation.[/quote]
Not to sure he will pay legal fees. Many a top litigator would take his case on a small contingency. I don’t litigate but if I did with the fact pattern as described I would certainly take his case on contingency.[/quote]
Where the heck are you guys getting Hurley at 10 million per? He signed a 6 year deal at about 3 million per. 10 million per is more than Nick Saban and Urban Meyer earn.[/quote]
Typo. $3 million per with escalation. Olie is owed about 10 million for 3 seasons left. I don't know if anyone else would have paid Hurley $3mm per but even so, it's close to home for his mom and dad,and it's a program that has won championships.
Insofar as trial, there may be clauses in his employment agreement mandating arbitration as a route before litigation. It may or may not be binding arbitration. Arbitrators almost always seek some sort a middle ground.
Redmannorth, if an attorney took this on contingency, what would you consider small? Standard rate on contingency is 1/3 after expenses in personal injury cases. Would small to you be 5%, 10%, etc? In Ollie's case that would still be costly.
Good chance Uconn attorneys have a method to their madness here, and will either tie up settlement as legal costs mount or hope some alleged violation sticks.
I am not an attorney 72, but pay one in real life. Actually, two.
unfortunately have dealt with this stuff too much very recently.