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What is the Hawk buyout $?

Discussion in 'Colorado Football Message Board' started by Sportsfan101, Sep 8, 2009.

  1. Sportsfan101

    Sportsfan101 Active Member

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    I've heard someone say that the buy-out is $500k. Can anyone confirm? My fear is that the number is much higher, thereby meaning we're stuck with Hawk for financial reasons ony.
     
  2. Darth Snow

    Darth Snow Hawaiian Buffalo Club Member Junta Member

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    pissbomber said it was 3 mil!
     
  3. LaserDeathHawk

    LaserDeathHawk Club Member Club Member

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    and the follow up is who the **** can we afford that would come here right now?
     
  4. sackman

    sackman Club Member Club Member

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    I'd be shocked if it were really $3MM. That's a very high number, and considering what Bohn had to do to get rid of Barnett, I'd be surprised if he were to put himself into the same situation again.

    Best guess is that it's somewhere in the $1MM-$1.5MM range. That's a total guess on my part. I have no information.
     
  5. Sportsfan101

    Sportsfan101 Active Member

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    We need to be realistic - we can't afford ANYONE if Hawk's buyout is really approaching $3 million. Hell, given the state of athletic department finances right now, we can't afford ANYONE if Hawk's buyout is close to $1.5 million.
     
  6. GoldenBuff

    GoldenBuff Club Member Club Member

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    This is from an article about his original contract:


     
  7. PurifydatA$$

    PurifydatA$$ Member

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    I had heard that when Bohn extended Hawkins' contract, the buyout may have been modified or started up high again. I can't confirm this, but have heard the $500k number may not be reflective of his new contract...
     
  8. PhillyBuff

    PhillyBuff Club Member Club Member

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    why was Sanchez on our sideline?
     
  9. SkiTownUSA

    SkiTownUSA Administrator Club Member Junta Member

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    He and McKnight are BFF!
     
  10. PurifydatA$$

    PurifydatA$$ Member

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  11. Junction

    Junction Moderator Club Member

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    It sounds to me like this is what Hawk would have to pay if he wants to terminate the contract early. What the Univ would have to pay him still seems to be a mystery....
     
  12. absinthe

    absinthe Ambitious but rubbish. Club Member Junta Member

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    The top line is a quote from the contract language the second line are the writers (BG Brooks) words. But as you'll see from the other thread it is not really clear, I could find the original contract but not the extension on line.
     
  13. BlackNGold

    BlackNGold Club Member Club Member

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    You are exactly right. Hawkins guaranteed salary is right at $1 million per year and that probably goes up...so 2010, 2011, and 2012 will put him at $3 million plus. I have no idea how they handle the incentive pay.
     

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