For everyone saying Fox is gone in a couple of years, from Tim Tucker's blog on AJC:
The question, of course, conveyed concern that a Basketball School might swoop in before too long and try to hire Fox away from UGA.
The answer, you’ll be glad to know if you don’t already, is that Fox’s contract carries a large buyout.
An unusually large buyout.
The contract would require Fox to pay UGA $2 million within 45 days if he resigns at any time before the six-year deal expires on March 15, 2015.
The buyout, negotiated when Fox was hired last spring, reflected UGA’s desire to make it as difficult as possible for a successful coach to leave. And Fox’s willing acceptance of the unusually large buyout clause backed up his statements that he saw Georgia as a place where he and his family would put down roots.
In addition to the buyout, Fox’s 27-page contract also includes a $600,000 “longevity bonus” that the coach would forfeit if he left before March 15, 2015.
So, basically, there’s a $2.6 million disincentive to leave.
All of which is to say . . . if someone tries to hire Fox away, it’d have to be someone with very deep pockets.
Link to the full article:
blogs.ajc.com/uga-sports-blog/2010/01/27...logs_uga_sports_blog