How Kentucky Restructured Mark Stoops’ $37M Buyout to Fire Him

6 minutes ago

How Kentucky Restructured Mark Stoops’ $37M Buyout to Fire Him

Kentucky reworked Mark Stoops’ massive $37M buyout by spreading payments over six years instead of the original 60-day window. Records show UK already owes nearly $4M immediately, followed by quarterly $6.75M installments through 2031, with no offset if Stoops takes another job. The restructuring made his firing financially possible after back-to-back losing seasons.

By Suresh Menon

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