quote:
Broadcast, Television, Radio and Internet Rights
1. Kansas: $6,855,577
2. Oklahoma: $5,227,250
3. Oklahoma State: $4,795,000
4. Kansas State: $3,870,500
5. Iowa State: $3,691,350
6. West Virginia: $900,723
7. Texas: $26,422
8. Texas Tech: $0
quote:It's $600,000, and only Wickline is on the hook for that. He didn't have an agent, or lawyer reviewing his tu contract. No indemnification clause. He owes OSU the money. Only way he recoups that amount without tax consequences is to sue Strong and tu for fraudulent inducement to get him to sign that contract with them.
Probably will have to subtract $400,000 more from lil brother sip's and add it to okiest's.
quote:quote:It's $600,000, and only Wickline is on the hook for that. He didn't have an agent, or lawyer reviewing his tu contract. No indemnification clause. He owes OSU the money. Only way he recoups that amount without tax consequences is to sue Strong and tu for fraudulent inducement to get him to sign that contract with them.
Probably will have to subtract $400,000 more from lil brother sip's and add it to okiest's.
Might be another clown coming out of the tiny car in the center ring of the circus that is the 40 acres.
quote:Yes, indemnification clauses are common, when the coach has an agent. Wickline didn't have an agent.quote:quote:It's $600,000, and only Wickline is on the hook for that. He didn't have an agent, or lawyer reviewing his tu contract. No indemnification clause. He owes OSU the money. Only way he recoups that amount without tax consequences is to sue Strong and tu for fraudulent inducement to get him to sign that contract with them.
Probably will have to subtract $400,000 more from lil brother sip's and add it to okiest's.
Might be another clown coming out of the tiny car in the center ring of the circus that is the 40 acres.
So they refused to pay the buyout, but then left Wickline on the hook in the event he was sued? They really are cheap *******s.
Aren't these indemnification clauses pretty common when it comes to contracts with potential buyouts involved? You would think the school would throw that into the contract as a sign of goodwill.
quote:Or they are both that ignorant. Strong knew he had something in his Louisville contract, but didn't know how it was resolved, just that it was resolved.
Strong claimed in his deposition that he & Wickline never discussed Wickline's OSU contract during Wickline's job interviews & hiring process. Wickline said in his deposition he couldn't remember if they ever discussed it. A person would have to be extremely naive to believe either of those statements.