KNOXVILLE, Tenn. (AP) -Tennessee has written some hefty protection both for the program and the coach into its deal with new coach Derek Dooley.
The university released the memorandum of understanding signed by Dooley on March 3 on Wednesday.
Dooley would have to pay $4 million if he resigns before Feb. 15, 2012, a number that drops to $3 million through the next year.
He would pay $1 million to buy out his contract starting Feb. 16, 2013, $750,000 a year later, and $500,000 in 2015.
Tennessee’s buyout to get rid of Dooley is even steeper. He would be owed $5 million through Feb. 15, 2013, a number that drops to $4 million into 2014 and 2015. The buyout falls to $2.5 million after Feb. 15, 2015.
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