In Reply to: How do you know there even is a buyout? posted by TJJ on April 23, 2025 at 19:46:16
I'm sorry. It's after 10 and I'm explaining the basics to you.
A "buyout" is not a penalty. It's an estimation of the damages that will be incurred by the aggrieved party, for the purpose of reducing costs of litigation/negotiation, should there be a breach. It's basically a liquidated damages clause, which, iirc, is unenforceable if it's deemed to be too far out of line with what the actual damages would be. In effect, it can't be deemed to be a "penalty" - it's an agreed upon estimation of damage.
I didn't "admit" anything. I pointed out that the article was waffling between describing what Arkansas is seeking as reimbursement or a buyout clause. A fact that probably would have gone over your head if I hadn't pointed it out.
"For example, if you sign a QB for $2 million a year but after year 1 or 2 you decide he can't hit the broad side of a barn? You're going to want some flexibility."
It's not my impression that NIL deals are multiyear. Is it yours? I've posted on here that NIL deals should be multiyear like 5 times? I would think that if anyone thought they are multiyear, they'd have replied they are.
"And how do you know Tennessee even wants to sue a player who QB'd them to the playoffs when it might damage their reputation in recruiting circles or even among their current roster?" That's a good point. NIL contracts have been around for a bit now. Players have transferred in spring before, presumably breaching their NIL agreement. And, Arky is the first to say "we want money!" So, you're right, Tennessee may puss out. I hope they don't. I think what Arkansas is doing is good for college sports. As I said above, if schools have to pay other schools for their incoming players it should slow the portal circus down. Which I think most people would agree is a good thing. You're right, they may decide it's in their best interest not to enforce their rights. I hope they enforce their rights.
Aside, you do know that "certainly" does not mean "certainty" and "surely" does not mean "it's sure."
I've gotta get up at 6 tomorrow. My day is more full than I would like it to be. I can assure you that I am not going to come back on Friday looking for your response(s). So, have at it.