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Gumps better hope Bubba Gump Shrimp goes worldwide.....DeBoer's buyout....

kckd

Circle of Honor
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Aug 8, 2001
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“Through public records requests, outlets, including AL.com, confirmed DeBoer’s eight-year, $87 million agreement with the university.

DeBoer’s contract will run through Dec. 31, 2031. Compensation will start at $10 million annually and increase by $250,000, topping at $11.75 million in his final season. By comparison, Saban’s first coaching contract with the Tide in 2007 was for eight years and $32 million.

Should DeBoer be fired “without cause,” he will earn 90 percent of his remaining deal in monthly installments through the end of his contract term. If DeBoer terminates the contract, Alabama is owed a $5 million buyout in 2024, $4 million in 2025 and $3 million in 2026. From 2027-31, there is no payment owed from DeBoer to the school.“
 
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