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potzer25
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Auburn would owe millions if Chizik, staff terminated | oanow.com
Chizik, mired in Auburn’s worst season of the past 60 years, is owed $7.5 million paid in equal monthly installments if fired without cause after the contract’s second season, which ends Nov. 30.
The monthly payments would be $202,702.70, and they would continue for 37 months until the contract expires Dec. 31, 2015. Chizik’s contract also allots a $200,000 bonus for leading Auburn to a BCS Championship Game.
Auburn would owe Chizik $7.7 million if it terminated the head coach without cause before Nov. 30, according to the contract.