Bo Contract Extension

Yep approximately a 7.2 million dollar buyout. Based on article 12 of his original contract it looks like he and the AD do a performance appraisal each year. Re-signed in December, 12 days after a 70-31 loss to boost the contract to 5 years total. Wow.

 
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Not sure if it's real or not, but if it is that would have also been a nice way to give Harvey the finger after he had lied to everyone about the AD search. My guess would be that TO was trying to keep another FS screw job from happening.

 
And if I'm not mistaken this contract is longer than HPs current one and past an expected retirement date that is looking more and more like it will be enforced rather than extended by the BOR. It would be nice to know 100% that this is a real document. I have my doubts still.

 
Ya, that was TO's big efu to Harvey. Word has it after TO signed it he took the pen and dropped it like a mic.

 
Wow, the Husker soap opera continues. It's just a theory, but it seems believable that TO did this to spite Perlman right before giving up the reigns. Which sucks for us. Even if you're fine with Bo staying, there was nothing performance-wise to justify an extension that far into the future.

 
I don't believe that it was a big F U to Harvey because Harvey had to sign off. Section 12 states "with the approval off the chancellor". If this is legit I'd assume the signature of Chancellor Harvey Perlman is below TO's and he signed off in agreement with the move. Also how did the media not report anything on this in the past 11 months? Sipple had an article earlier this week of the buyout at 8 Mill. and I was always under the impress that it was 3.6, now maybe it will all add up.

 
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scbhusker said:
Yep approximately a 7.2 million dollar buyout. Based on article 12 of his original contract it looks like he and the AD do a performance appraisal each year. Resigned in December, 12 days after a 70-31 loss to boost the contract to 5 years total. Wow.
Click to expand...
So Bo did resign...

 
huskeraddict said:
scbhusker said:
Yep approximately a 7.2 million dollar buyout. Based on article 12 of his original contract it looks like he and the AD do a performance appraisal each year. Resigned in December, 12 days after a 70-31 loss to boost the contract to 5 years total. Wow.
Click to expand...
So Bo did resign...
Click to expand...
I might be wrong, but I'm guessing scbhusker meant "re-signed," as in Bo signed again, instead of "resigned" as in Bo quit.

That still doesn't explain why we gave a coach an extension after he led the team to one of the most embarrassing blowouts of this century. It doesn't seem like TO would act against NU's best interests just to spit in Perlman's eye.

This Severe guy says he got a copy through a Freedom of Information Act request.

 
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suigeneris said:
huskeraddict said:
scbhusker said:
Yep approximately a 7.2 million dollar buyout. Based on article 12 of his original contract it looks like he and the AD do a performance appraisal each year. Resigned in December, 12 days after a 70-31 loss to boost the contract to 5 years total. Wow.
Click to expand...
So Bo did resign...
Click to expand...
I might be wrong, but I'm guessing scbhusker meant "re-signed," as in Bo signed again, instead of "resigned" as in Bo quit.

That still doesn't explain why we gave a coach an extension after he led the team to one of the most embarrassing blowouts of this century. It doesn't seem like TO would act against NU's best interests just to spit in Perlman's eye.

This Severe guy says he got a copy through a Freedom of Information Act request.
Click to expand...
TOs 6 th year is when the fans got so bad he almost went to CU. perhaps he knew something about how important it was to have some security since there would be a new AD and Bo wouldn't have the same type of assurances that he himself had under Bob Devaney.
 
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