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Hewitt's buyout structure...
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<blockquote data-quote="eetech" data-source="post: 141777" data-attributes="member: 1924"><p>I believe the discrepancy you are seeing was because the way the buyout was structured, in that the amount being paid was increased automatically every year.</p><p></p><p>People are confusing the Hewitt buyout way too much, because it was nothing like any other buyout we've probably encountered. The best way to probably look at it was that after the end of the teem in which Hewitt git fired, he would be paid 7.2 mm spread out unevenly over 5 years. There was literally no way Tech could reduce the amount, which is what made the contract ridiculous.</p></blockquote><p></p>
[QUOTE="eetech, post: 141777, member: 1924"] I believe the discrepancy you are seeing was because the way the buyout was structured, in that the amount being paid was increased automatically every year. People are confusing the Hewitt buyout way too much, because it was nothing like any other buyout we've probably encountered. The best way to probably look at it was that after the end of the teem in which Hewitt git fired, he would be paid 7.2 mm spread out unevenly over 5 years. There was literally no way Tech could reduce the amount, which is what made the contract ridiculous. [/QUOTE]
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Hewitt's buyout structure...
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