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Old 02-24-2021, 04:59 PM   #165
Willi Plett
Scoring Winger
 
Join Date: Aug 2005
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Quote:
Originally Posted by GioforPM View Post
I had thought this was the last year of his contract but, yeah, he has 21-22 as well.

I’m not sure if there is a standard for coaching contracts. But employment contracts in general have several different potential outcomes. There might be a provision for early termination payment. Or to present value the future salary and he gets a lump sum. If it was just his regularly schedules salary, his new job salary would be deducted as a mitigation of loss.
Most coaching contracts have generally provided guaranteed payment with no mitigation to the team(employer) for termination without cause. Generally, payment continues even if they take other employment. That said, all of the conditions you mentioned could be in a coaches contract and this type of information is not public. Most top tier coaches won’t sign with very much (any) conditions for termination without cause.
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