Tag

Buyout

All articles tagged with #buyout

Wade Returns to LSU as McMahon’s Fate Remains Unclear
sports16 days ago

Wade Returns to LSU as McMahon’s Fate Remains Unclear

LSU is reportedly bringing back Will Wade to replace Matt McMahon, with McMahon not yet formally notified as talks and a decision loom. Wade’s NC State buyout drops to $3 million on April 1, and the two sides had discussions but apparently did not reach an agreement as of publication. Wade would return to the SEC to renew a rivalry with Kentucky, while McMahon’s four-year run at LSU has been marred by NCAA Tournament absence and a 15-17 (3-15) finish in 2026.

Tar Heels Fire Hubert Davis as They Launch National Coaching Search
sports17 days ago

Tar Heels Fire Hubert Davis as They Launch National Coaching Search

North Carolina announced it is parting ways with coach Hubert Davis after a historic first-round collapse to VCU, paying roughly $5.3 million to buy out his contract. The school will conduct a national coaching search led by outgoing AD Bubba Cunningham and incoming AD Steve Newmark, with Turnkey ZRG aiding the search and an advisory group of stakeholders guiding the process amid donor concerns about roster funding and modernization.

UNC's Hubert Davis Faces Prolonged Coaching Decision as UNC Delays Spark Debate
sports17 days ago

UNC's Hubert Davis Faces Prolonged Coaching Decision as UNC Delays Spark Debate

North Carolina's Hubert Davis remains under scrutiny after the Tar Heels' second straight early exit in the NCAA tournament, with no official decision announced as of now; pundits including Seth Davis criticized the prolonged delay, ESPN’s Pete Thamel saying a return is unlikely, and discussions reportedly include a potential $5.3 million buyout as Davis met with his team amid ongoing deliberations.

Paramount+ Expands Reach by Absorbing BET+ After Tyler Perry Buyout
business28 days ago

Paramount+ Expands Reach by Absorbing BET+ After Tyler Perry Buyout

Paramount+ will fold BET+ into its service in June after Paramount Skydance buys out Tyler Perry Studios’ stake, migrating about 1,000 hours of BET+ programming—including All the Queen’s Men, Zatima, The Ms. Pat Show and Diarra From Detroit—to Paramount+. Perry will continue to produce BET content under a broad content-partnership, with BET’s linear channel and digital operations remaining active as the brands consolidate to broaden reach.

Kansas State’s costly contract gamble backfires as Tang era ends
sports1 month ago

Kansas State’s costly contract gamble backfires as Tang era ends

Kansas State fired head coach Jerome Tang after a downturn in results, despite a lucrative, guaranteed contract through 2030. If fired without cause, Tang would receive about $18.67 million. The piece argues this isn’t a morality issue but a money one, highlighting how schools sign big deals they later regret and may be forced to pay out, with Tang having led Kansas State to the Elite Eight in 2022-23 before the program’s recent struggles, potentially triggering legal and financial fallout and echoes of other big buyouts at other programs.

Kansas State parts ways with Jerome Tang after four-season tenure
sports1 month ago

Kansas State parts ways with Jerome Tang after four-season tenure

Kansas State and Jerome Tang have parted ways after four seasons as the Wildcats sit 10-15 (1-11 Big 12) amid a seven-game skid and likely NCAA Tournament absence; Tang, who led K-State to the Elite Eight in 2023, finishes 71-57. Buyout is rumored around $18 million with terms still being negotiated, following his blistering postgame remarks after a 91-62 loss to Cincinnati.

Facepunch COO Proposes $25M Buyout to Save New World Aeternum
gaming2 months ago

Facepunch COO Proposes $25M Buyout to Save New World Aeternum

Alistair McFarlane, COO of Facepunch Studios (Rust), publicly offered Amazon $25 million to acquire New World: Aeternum after Amazon announced its decommissioning; he argued that games should never die and suggested Facepunch would pursue a community-driven, self-hosted development model if the deal happened. With Amazon planning to keep the game running until January 2027, any IP transfer would likely not occur before then.

Packers at a crossroads: extension vs. trade for LaFleur
sports2 months ago

Packers at a crossroads: extension vs. trade for LaFleur

Green Bay’s talks with head coach Matt LaFleur over contract length are stalled; the team reportedly wants him back for 2026 but a lengthy deal and potential buyout complicate things, leaving the door open to trading LaFleur if an extension can’t be reached, a path underscored by historical NFL coaching trades and the Packers’ belief he’s the top option available.

San Francisco considers buying out PG&E amid ongoing outages and safety concerns
local-government-and-utilities3 months ago

San Francisco considers buying out PG&E amid ongoing outages and safety concerns

San Francisco is moving towards buying out PG&E's electrical infrastructure to establish a municipal utility, driven by ongoing dissatisfaction with PG&E's safety record, service issues, and recent blackouts, despite a slow legal process and potential legal battles, signaling a significant shift in local energy policy.

Kentucky Football Coach Mark Stoops Expected to Be Fired Amidst Recent Losses
sports4 months ago

Kentucky Football Coach Mark Stoops Expected to Be Fired Amidst Recent Losses

Kentucky is firing head coach Mark Stoops, the school's winningest football coach, after a disappointing 5-7 season in 2025 and recent losses, despite his previous success including eight consecutive bowl appearances. The decision involves a $36 million buyout, and Stoops, who finished with a 72-80 record over 13 seasons, expressed his intention to stay despite the firing.