Contract Buyouts

[Southpaw13]

Can anyone speak to the status of where the GTAA is on contract buyouts? Are we done with Gailey's? When will we be done with Hewitt and Gregory's?

We really need to get clear of all the buyouts before we even have any conversation about adding more debt to the balance sheet. I think getting clear of all that debt is going to be a big step forward for football and everywhere else on campus.

 

[joehamiltonfan14]

Gailey was paid off several years ago. I believe Gregory will be off the books next year (2018). The final Paul Hewitt check will be cut in March 2019

 

[bravejason]

Gailey was paid off several years ago. I believe Gregory will be off the books next year (2018). The final Paul Hewitt check will be cut in March 2019

This is my understanding as well.

Per an ESPN article in March 2016, at that time Hewitt was owed $2.7M and Gregory was owed $1.3M. A ballpark estimate of the amounts remaining as of today would be $1.2M for Hewitt and $200k for Gregory.

 

[Ash]

The final Paul Hewitt check will be cut in March 2019

I need to get his agent to negotiate my next job contact.

 

[ClydeBrick]

I need to get his agent to negotiate my next job contact.

Trying to get a job working for David Braine?