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Old 02-19-2009, 10:17 AM   #3
doublee
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Yeah, they were talking about this on PTI last night and it essentially sounds like what coachJ said they have agreed on the compensation that the school will provide but it sounds like Texas Tech is being very heavy-handed in terms of protecting its exposure and what it is liable for.

They mentioned that Tech wants a significant cut of money Leach gets for TV/radio shows, apparel deals, etc. and wants a below market value payout if he gets fired before the deal is up. From what they were saying Tech only wants to be on the hook for something like 12% of the balance if he gets fired when the average contract in the Big 12 has a roughly 50% buyout in them.

Basically they are haggling over the fine print here. I would bet they get a deal done before spring practice opens. He probably will not be around for the life of the contract anyway.
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