Gottfried to get full buyout of contract
Published 12:01 pm Tuesday, January 27, 2009
Former Alabama coach Mark Gottfried will reportedly receive a full buyout of his contract.
The Birmingham News reported Tuesday that Gottfried will get 29 monthly payments of some $75,000 each for a total of more than $2 million. The former Crimson Tide player resigned Monday midway through his 11th season.
An Alabama spokesman said Tuesday morning that he couldn’t immediately confirm the buyout information.
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If Gottfried finds another job, his buyout will be decreased by the amount of his new salary.
Assistant Philip Pearson is serving as interim coach for the rest of the season.
The coaches mentioned as potential candidates to replace Gottfried include Minnesota’s Tubby Smith, Virginia Commonwealth’s Anthony Grant, Missouri’s Mike Anderson and UAB’s Mike Davis.
The Tide visits Arkansas Thursday night.