I spent some time reviewing Stock’s contract last night (I find contracts fascinating). IF I understand the coontract, the buyout is ~750k annually until 2024, subject to offsets.
Some additional clauses in the contract that could benefit MT :
1) If terminated without cause, Stock would have to make a good faith attempt to find gainful employment (in or out of football). He must, per the contract, detail his efforts to find employment to Massaro / MT. If Stock decides not to pursue employment, it negates the buyout and removes MT from compensating Stock further
2) Stock can be reassigned within the institution to an area that matches his experience and education (i.e. Special Advisor to President and Athletic Director). If Stock refuses this reassignment, it acts as a resignation and MT owes Stock no further compensation.
Some additional clauses in the contract that could benefit MT :
1) If terminated without cause, Stock would have to make a good faith attempt to find gainful employment (in or out of football). He must, per the contract, detail his efforts to find employment to Massaro / MT. If Stock decides not to pursue employment, it negates the buyout and removes MT from compensating Stock further
2) Stock can be reassigned within the institution to an area that matches his experience and education (i.e. Special Advisor to President and Athletic Director). If Stock refuses this reassignment, it acts as a resignation and MT owes Stock no further compensation.