Thank you.
Am I understanding this correctly, that Akron isn't on the hook for any of Groce's bonuses from this past season? If that's the case, Akron essentially paid $500k for Groce last year after the buyout is taken out of the base salary. Wow.
However, pertinent clauses in Groce's contract state the following: Payments of bonuses will be made in June, and if the coach were to terminate the contract (which Groce did a few months ago), the university's financial commitment to him would be limited to accrued but unpaid base salary and not include incentives.
I like this. Not a very big bump, but it does place an emphasis on experience around Ford as he gets his feet wet as a HC.
For three assistant coaches, Groce had a minimum base salary pool of $394,900. For three assistant coaches, Ford has a minimum base salary pool of $425,000 at his disposal.