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Cal, Tedford agree to buyout settlement

Jeff Tedford AP

Upon being relieved of his duties as Cal’s head football coach in November, Jeff Tedford‘s buyout stated that the coach would receive $6.9 million over three years minus a collegiate/NFL coaching salary.

That number’s going to be a little bit lower. Cal reached a settlement with Tedford on Monday that will pay him up to $5.5 million over those three years, which breaks down to $1.8 million in 2013 and 2014, and $1.95 million in 2015. Tedford was originally guaranteed $2.3 million annually for the remaining life of his deal with the university.

Though the amount of the settlement is $1.4 million lower, it will allow Tedford to keep a larger share of any salary he earns over the next three years as either a head coach or assistant at the college or pro level. Additionally, Tedford and the university agreed to evenly split any amounts in a future salary above $1.5 million.

Tedford went 82-57 in 11 seasons as the Bears’ head coach. He was succeeded by Louisiana Tech coach Sonny Dykes.

(Hat tip: AP) 

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6 Responses to “Cal, Tedford agree to buyout settlement”
  1. thegamecocker says: Feb 5, 2013 1:07 PM

    Cal had a bad year but Tedford is a good coach who didn’t deserve to be fired. Oh well, he’s crying all the way to the bank…..

  2. rolltide510 says: Feb 5, 2013 1:55 PM

    A bad year? Tedford’s Cal teams got progressively worse over the years, leading up to this year’s team that completely quit on him. He was a “QB Guru” that consistently produced the worst QBs in the conference. An “offensive genius” with horribly ineffective and predictable play calling. If anything they gave him too many chances to turn things around.

  3. trojan33sc says: Feb 5, 2013 3:12 PM

    Did you know that Jeff Tedford used to sleep in his car at Fresno State when he was the qb to save money? I’m DAMN proud of him as his “rollout fullback” in 1982. I think somehow he will suffer through this buyout and make even a bigger splash at his next destination !!! I mean, we’re discussing his settlement in the Millon$$$ !

  4. mogogo1 says: Feb 5, 2013 4:34 PM

    Wow, who was helping Tedford negotiate that buy out clause originally? Because it sounds like he was totally taken to the cleaners by Cal.

    Cal was going to get back 100% of any salary he earned for three years in exchange for $6.9 million? That effectively would keep him from taking another job. And even in the reworked deal, Cal gets 50% of everything over $1.5 million. Really, by modern standards this is a pretty painless buyout for Cal.

  5. thetooloftools says: Feb 5, 2013 9:43 PM

    Sonny Dykes is going to bring “brass knuckles” football to CAL.
    Fasten your chinstraps.

  6. thegamecocker says: Feb 6, 2013 8:22 AM

    ugghhh, I’m not so sure Sonny Dykes was the correct hire for Cal. Sonny is a very good coach, don’t get me wrong. I just think similar to Rich Rod at Michigan, chemistry wise, Sonny may not be a good fit at Cal. Time will tell.

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