4 Ways Colleges May Keep the Coaching Stars of March Madness

When UConn defeated Michigan State on Sunday, the fans at Madison Square Garden chanted the name of Huskies’ second-year coach, Kevin Ollie.  This underscores the fact that college athletic teams are often associated with their head coach.  For colleges, the success of one of their coaches reinforces the need to have entered into contracts that […]

Are Reassignment Clauses Underutilized in College Coaching Contracts?

At the end of the last college football season, I was asked an interesting question regarding the use of reassignment clauses in collegiate coaching contracts: If a coach is “under-performing” but is under contract with a school, why not reassign the coach rather than terminate the coach?  Why pay the remainder of the coach’s contract or buyout the coach when he […]

How Colleges Can Keep the Coaching Stars of March Madness

Seemingly each year a mid-major exceeds expectations and plays deep into the NCAA tournament.  This year, Ohio University, a thirteen seed, has advanced to the Sweet Sixteen.  The first round also offered a number of upsets, as Lehigh, VCU, and Norfolk State defeated Duke, Wichita State and Missouri respectively.  The coaches for these schools often become hot prospects – recent examples […]

Breaking Down the Meyer-Ohio State Agreement

Yesterday, I posted a link to the term sheet that Urban Meyer and Ohio State agreed upon, which sets forth the basic terms of Meyer’s employment as head coach (and will be replaced by a formal contract at some point).  Here are a few notes and observations regarding the term sheet: Retention Bonuses There is no […]

From the Vault: How Colleges Can Keep the Coaching Stars of March Madness

The play-in round of the NCAA Tournament is scheduled to tip off tonight.  Brackets are filled out and fans are waiting to see if their upset picks are going to run the table.  Seemingly each year a mid-major exceeds expectations and plays deep into the tournament.  Often times the coaches for these schools become hot prospects, as […]

Three Ways for Mid-Majors to Keep Coaching Talent

Before Butler coach Brad Stevens led the Bulldogs to within three points of completing their Cinderella season by winning the NCAA Championship game, the speculation over his future had already begun.  Despite a contract that runs through the year 2016, Stevens will undoubtedly be pursued by larger schools with vast financial resources.  The question for mid-majors […]

BC-Jagodzinski Contract: Expectations Unfulfilled

The power struggle between college football coaches and the universities for which they work, has taken some interesting twists and turns over the last year or so.  Coaches have long operated in a system of virtual free agency, with little regard for the binding nature of contracts.  Universities have attempted to fight the flight of their […]

Coaches – How Hard Is It to Sign a Multi-Million Dollar Contract?

By Robert J. Romano, Esq. As every lawyer was taught in his or her first year contract course, the essential elements of an agreement between two or more parties are offer, acceptance, consideration, legality and capacity. Additionally, any contract which terms cannot be performed and completed within one year has to be reduced to writing. […]