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Browns Reportedly Fire GM George Kokinis

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Old 11-03-2009, 10:15 AM   #1
firstdown
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Re: Browns Reportedly Fire GM George Kokinis

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Originally Posted by SmootSmack View Post
Browns owe a lot of people a lot of money that are no longer with the organization. I think it's like 20+ million for Savage, Crennel, and now Kokinis
When a team lets go of someone like this do they have to pay off the contract now or can they pay them as the contract says?
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Old 11-03-2009, 11:04 AM   #2
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Re: Browns Reportedly Fire GM George Kokinis

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When a team lets go of someone like this do they have to pay off the contract now or can they pay them as the contract says?
Typically the way the contracts are written they have to pay it as written (over the span of years) unless the coach is hired somewhere else in a similar capacity. For example, Mangini isn't still being paid by the Jets because he's the Browns coach. Shanahan is still being paid by the Broncos because he's not employed anywhere. In the case of Gruden, I'm not sure if he's still being paid by the Bucs since he's working but not for an NFL team. I'd think he still is.

In either case, it doesn't make good financial sense for a team to lump sum pay a coach when he's let go.
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