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The reason he probably hasn't resigned is in his contract

Posted on: February 3, 2017 at 14:24:04 CT
Mormad MU
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Section 15B. Liquidated damages. He'd owe the University an amount equal to his Annual Salary times the remaining term of his contract payable within 60 days.

He would also forfeit $100,000 per year which has been placed into an annuity for his benefit.

If he gets fired, the University owes him Liquidated Damages (indeed offset by future earnings during the term) and he gets the balance of the annuity account immediately.
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Has this rumor been posted? - MidMoBaller4Life MU - 2/3 12:57:08
     Might make sense - BOILERTIGER MU - 2/3 13:35:02
     Kim isn't leaving a million dollar check on thetable - catbirdseat MU - 2/3 13:24:29
          He wouldn't leave it on the table, he would break even since - JoplinTiger07 MU - 2/3 13:40:02
               Is there a clause in his contract - Mormad MU - 2/3 13:42:30
                    Yes. It's in the contract, and by the way it's common. NM - JoplinTiger07 MU - 2/3 13:43:22
                         It might be common in the coaching circles - Mormad MU - 2/3 13:46:20
                              They are very common. The "buyout" clause is intended to - JoplinTiger07 MU - 2/3 13:51:51
          Why would he? All the b.s. on here aside.... - Mormad MU - 2/3 13:32:39
               Kim doesn't love MU. He loves himself. NM - JoplinTiger07 MU - 2/3 13:34:08
                    Eh, that's kind of retarded - Eggs MU - 2/3 13:37:23
                         Of course it is - Cosmo MU - 2/3 14:07:24
                              Him and several others as well. Lol.(nm) - sprintcar STL - 2/3 15:03:03
                         The way he throws players under the bus, and refuses to - JoplinTiger07 MU - 2/3 13:41:44
                    As he should.... - Mormad MU - 2/3 13:34:57
                         He has legally robbed Mizzou, essentially. I guess that is - JoplinTiger07 MU - 2/3 13:41:04
                              "It's like he literally robbed us, figuratively speaking"(nm) - Mizzmi27 MU - 2/3 13:57:13
                                   legally, not literally. NM - JoplinTiger07 MU - 2/3 13:58:41
                                        Yes, I was not quoting you directly, obviously. - Mizzmi27 MU - 2/3 14:14:52
                                             I thought your post was funny, just wanted to make sure - JoplinTiger07 MU - 2/3 14:28:35
                              Congrats for taking Fiji's title - Mormad MU - 2/3 13:43:34
                                   There's a group of them that I'm starting to wonder - Eggs MU - 2/3 13:46:00
                                        joplintiger and zounami are - TigerwTLP MU - 2/3 14:05:48
                                             lol, nice try there gumshoe. NM - JoplinTiger07 MU - 2/3 14:29:17
                                        The "heads must roll" and "we should be winning" crowd is - JoplinTiger07 MU - 2/3 13:48:03
                                             Which probably includes me and Eggs - Mormad MU - 2/3 13:51:23
                                                  I said "legally", so it's not hyperbole. NM - JoplinTiger07 MU - 2/3 13:55:55
                                                  It does include us and pretty much everyone - Eggs MU - 2/3 13:55:41
                                                       The fact that he hasn't resigned yet is a major reason why - JoplinTiger07 MU - 2/3 13:56:56
                                                            The reason he probably hasn't resigned is in his contract - Mormad MU - 2/3 14:24:04
                                                                 I see you finally read his contract to confirm what I was - JoplinTiger07 MU - 2/3 14:27:04
                                                                      And I was saying - Mormad MU - 2/3 14:31:02
                                                                           ok, fair enough. NM - JoplinTiger07 MU - 2/3 14:33:12
                                                                 Here's the link if you'd like to see it. - Mormad MU - 2/3 14:24:43
                                                                      I've already read it. Thanks though. NM - JoplinTiger07 MU - 2/3 14:27:22
                                                                           I agree that they'd negotiate away - Mormad MU - 2/3 14:33:51
                                                                                Yes. The resignation would be treated (through mutal - JoplinTiger07 MU - 2/3 14:43:09
                                                                                     and the annuity would probably be $300K, not $400K,....... - JoplinTiger07 MU - 2/3 14:51:50
                                                                                          I wasn't sure about that term. - Mormad MU - 2/3 14:59:16
                                                                                     I'll resign for that.... - Mormad MU - 2/3 14:48:35
                                                            What if he has but there are reasons it's not being - Eggs MU - 2/3 13:58:39
                                                                 even if you give him that benefit of the doubt (which is a - JoplinTiger07 MU - 2/3 13:59:25
                                                            along with how he blames his players instead of accepting - JoplinTiger07 MU - 2/3 13:57:56
                                             "we should be winning" =/ "we are entitled to winning big" - Eggs MU - 2/3 13:51:12
                                                  What do you mean by "winning big"... 6 games per season? NM - JoplinTiger07 MU - 2/3 13:53:58
     jabba the hut is retiring? - SEC_BIG_GAMEHUNTER MU - 2/3 13:11:40
     This may explain why he hasn't been fired or resigned yet - Eggs MU - 2/3 13:09:12
          It will at least give us something to watch for - MidMoBaller4Life MU - 2/3 13:15:03
               You know he won't want to retire with his career ending - Eggs MU - 2/3 13:22:53
                    If I were Kim - sharpwp UNC - 2/3 13:53:52
     Well, there is a KA as the associate AD in Warrensburg, - tigerdb MU - 2/3 13:02:54
          Me either, he has good memories and support there(nm) - MidMoBaller4Life MU - 2/3 13:07:12
               One day there will be technology where you can safely - Diamond Dave MU - 2/3 13:09:21
     Their current AD has had the job for nearly 35 years so - tgr MU - 2/3 13:00:10
          So the KA hire is the start of a youth movement? (nm) - Johnny Utah MU - 2/3 13:14:01
          That was my next question, as I know nothing about their - MidMoBaller4Life MU - 2/3 13:06:49
          so is KA(nm) - hefeweizen MU - 2/3 13:01:05
     I only care that he's not MU's coach anymore, I don't really - Mizzmi27 MU - 2/3 12:59:52
          I find your post to be boring, next time don't click post(nm) - MidMoBaller4Life MU - 2/3 13:06:02
               I wouldn't have had I known the rumor was going to be boring - Mizzmi27 MU - 2/3 13:23:47
                    uh, u still clicked post after u read it, moran - MidMoBaller4Life MU - 2/3 14:19:32




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