Board of Trustees of the University of Arkansas v. John Scott, Jr.: Drafting Buyout Clauses Reflecting the Economic Realities of Today’s College Football Game
By Daniel A. Cohen and Jeff Daniel, of Nelson Mullins Riley & Scarborough LLP
On Nov. 18, 2019, the Board of Trustees for the University of Arkansas (“UA”) filed a lawsuit against former defensive line position coach John Scott, Jr., seeking to recover $187,862.32 in liquidated damages under his employment contract’s buyout clause, as well as attorneys’ fees and pre-judgment interest.
Scott entered into the employment contract on Jan. 18, 2018, earning an annual salary of $