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Same question I have been asking about Beamers contract, still believe that will play a role in whether he is coach next season or not...good news is it's only a few weeks until basketball season!!!!How many years does Beamer have on his contract? What will it cost VT to let him go after this year?
Geez, people...google it. Beamer's current contract runs through Jan 1, 2019. It was just extended last season by Babcock.Same question I have been asking about Beamers contract, still believe that will play a role in whether he is coach next season or not...good news is it's only a few weeks until basketball season!!!!
He did, already knew what the contract was. Beamer will not return. 0 chance.Geez, people...google it. Beamer's current contract runs through Jan 1, 2019. It was just extended last season by Babcock.
http://www.hokiesports.com/football/recaps/20140827aaa.html
Geez, people...google it. Beamer's current contract runs through Jan 1, 2019. It was just extended last season by Babcock.
http://www.hokiesports.com/football/recaps/20140827aaa.html
Correct. Beamer will be a special consultant to the athletics program (or some such nonsense like that) for 8 years after he steps down, and VT will pay him $250K / year to do it. When that time comes is not set in stone. It could be Beamer that decides when, or it could be someone else that decides. VT pays the same either way.http://www.dailypress.com/sports/vi...-column-tech-uva-advance-20141128-column.html
According to this article the buyout isn't an issue. We just owe him $250K a year for 8 years whenever he retires.
Didn't realize the buyout was so low, that makes Big difference.http://www.dailypress.com/sports/vi...-column-tech-uva-advance-20141128-column.html
According to this article the buyout isn't an issue. We just owe him $250K a year for 8 years whenever he retires.
That's not the buyout , that was in his contract long before the extension. I'm not sure what the buyout is, but I wouldnt expect Coach to rape the univ. This is the coach who turned down a raise when the state of Va had a freeze on raises for employees. He wouldnt take a raise until all employees of the univ. received one.Didn't realize the buyout was so low, that makes Big difference.
I would suspect what he goes after depends on how the situation is handled. If he wants to continue coaching and he isn't given that opportunity, who knows how he will react.....he's a class act so I don't really believe it will get ugly, especially what the public sees. As we have seen before it can be tough for some of these successful coaches to just fade away. I don't know how many posters on this board are old enough to know what Beamer has done for VT, but for those that remember VT football pre Beamer.....the man took VT from the pits to the top, it will be interesting to see what happens under a new coach.That's not the buyout , that was in his contract long before the extension. I'm not sure what the buyout is, but I wouldnt expect Coach to rape the univ. This is the coach who turned down a raise when the state of Va had a freeze on raises for employees. He wouldnt take a raise until all employees of the univ. received one.
That IS the buyout (or more accurately, there's not a "traditional" buyout clause...we're doing this instead). VT pays Beamer $2 mil when he leaves...spread out over 8 years. It doesn't matter whose decision it is for him to leave or when the decision happens, and there's no other money involved.That's not the buyout , that was in his contract long before the extension. I'm not sure what the buyout is, but I wouldnt expect Coach to rape the univ. This is the coach who turned down a raise when the state of Va had a freeze on raises for employees. He wouldnt take a raise until all employees of the univ. received one.