You can download the link in the pdf if you have a Scribd subscription, but not giving my credit card for their free preview. Can scroll through it in the Patch article. It is the MOU signed in 2019, but the MOU became the contract.
There was a discussion in another thread about hiring/firing staff. The AD has power to approve/disapprove who Greg hires and fires:
"Assistant Coaching, Football Support Staff Positions and Strength and Conditioning Coaches (hereinafter referred to as “Staff”)
With the consent of the Director, which the Director acknowledges shall not be withheld without reason, you shall have the authority to designate, hire, and terminate prospective members of your Staff (including support staff). Such hires shall be done in accordance with University and Athletics policy and practice, and any relevant statutes, rules or regulations."
As far as buyout:
The buyout stands at 76.875 percent of his remaining contract, starting at $24.6 million. That formula would then decrease the buyout to:
-- $18.45 million if he's fired after the 2021 season
-- $15.375 million after 2022
-- $12.3 million after 2023
-- $9.225 million after 2024
-- $6.15 million after 2025
-- $3.075 million after 2026
-- nothing after the final year of his contract, 2027
On Schiano's end, he would owe $8 million if he leaves before Dec. 1 of next year and decreasing by $2 million a year until 2025, when it flattens to $1 million.
Ash's buyout was $8.5 million, when RU was in a much worse financial position.
Not suggesting Greg should be fired now. But if 2023 is another poor year, or into 2024, it would seem to be not financially prohibitive.
There was a discussion in another thread about hiring/firing staff. The AD has power to approve/disapprove who Greg hires and fires:
"Assistant Coaching, Football Support Staff Positions and Strength and Conditioning Coaches (hereinafter referred to as “Staff”)
With the consent of the Director, which the Director acknowledges shall not be withheld without reason, you shall have the authority to designate, hire, and terminate prospective members of your Staff (including support staff). Such hires shall be done in accordance with University and Athletics policy and practice, and any relevant statutes, rules or regulations."
As far as buyout:
The buyout stands at 76.875 percent of his remaining contract, starting at $24.6 million. That formula would then decrease the buyout to:
-- $18.45 million if he's fired after the 2021 season
-- $15.375 million after 2022
-- $12.3 million after 2023
-- $9.225 million after 2024
-- $6.15 million after 2025
-- $3.075 million after 2026
-- nothing after the final year of his contract, 2027
On Schiano's end, he would owe $8 million if he leaves before Dec. 1 of next year and decreasing by $2 million a year until 2025, when it flattens to $1 million.
Ash's buyout was $8.5 million, when RU was in a much worse financial position.
Not suggesting Greg should be fired now. But if 2023 is another poor year, or into 2024, it would seem to be not financially prohibitive.
Read Greg Schiano's Contract As Rutgers Football Coach
We've got a copy of Greg Schiano's $32-million contract to return to Rutgers; read it here. Plus, how he compares to other Big Ten schools.
patch.com
Details of Greg Schiano's contract at Rutgers
At long, long last, Greg Schiano is the head coach at Rutgers. Again. A pursuit months in the making became official on Tuesday, as the Rutgers board of
footballscoop.com