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AJC Article on Value of Adidas Deal
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<blockquote data-quote="DH9387" data-source="post: 392516" data-attributes="member: 547"><p>I think you have grossly misrepresented the conditions of ADTS' buyout with OSU and how much Tech helped.</p><p></p><p></p><p></p><p></p><p><a href="http://www.myajc.com/sports/college/contract-reveals-high-commitment-between-stansbury-tech/WK9eHkuXGctHvIgcJJBgYI/" target="_blank">http://www.myajc.com/sports/college/contract-reveals-high-commitment-between-stansbury-tech/WK9eHkuXGctHvIgcJJBgYI/</a></p><p>ADTS owed ~$2.2M when he left OSU. Tech loaned him $1.1M to help out, so he shelled out $1.1M of his own money to come here. Plus, there is a clause that states that if he leaves Tech before his 5 year contract is up, he has to immediately pay back the entire loan plus interest. I'd say anyone willing to pay over $1M out of pocket to take a new job really wants to be there.</p></blockquote><p></p>
[QUOTE="DH9387, post: 392516, member: 547"] I think you have grossly misrepresented the conditions of ADTS' buyout with OSU and how much Tech helped. [URL]http://www.myajc.com/sports/college/contract-reveals-high-commitment-between-stansbury-tech/WK9eHkuXGctHvIgcJJBgYI/[/URL] ADTS owed ~$2.2M when he left OSU. Tech loaned him $1.1M to help out, so he shelled out $1.1M of his own money to come here. Plus, there is a clause that states that if he leaves Tech before his 5 year contract is up, he has to immediately pay back the entire loan plus interest. I'd say anyone willing to pay over $1M out of pocket to take a new job really wants to be there. [/QUOTE]
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