Based on the details that are leaking out, said chuckling can officially cease.
The Arkansas Democrat-Gazette has obtained the buyout numbers contained in Petrino’s new deal, and they are truly staggering. According to the paper, it would cost $18 million — that’s the number 18, followed by six zeros evenly separated by two commas — in each of the next two seasons to buy Petrino out of the contract.
After 2012, the Democrat-Gazette writes that the buyout numbers decrease in minor increments to $3.925 million in 2017, the final year of the deal.
Again, it would cost a school/Petrino $18 million in 2011 or 2012 to pry the coach away from Fayetteville, plus come up with a lucrative contract that would presumably top the $3.6 million annually he’s making from Arkansas. In other words, Petrino won’t be leaving the Razorbacks for another job for quite some time, if at all.
Kudos to not only the school for demanding the blockbuster buyout numbers, but to Petrino as well for very loudly proclaiming his commitment to the Arkansas football program.