Buyout Clause at Center of Controversy at Kent State

Jun 3, 2011

Kent State University has sued former head basketball coach Geno Ford, seeking $1.2 million in damages, or the full amount provided for in Ford’s contract if he left KSU and took another job elsewhere.   When Ford signed a contract extension after the 2009-10 season, he agreed to the buyout clause, which required him to pay KSU the sum equal to his base and supplementary salary multiplied by the number of years remaining on the contract. The clause was triggered when Ford accepted a job l
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