The most startling, even staggering aspect of the contract signed by Bobby Petrino earlier this week was the buyout numbers contained in the new deal.
According to reports, it would cost $18 million in each of the next two seasons to buy him out of the remainder of the deal. Those blockbuster numbers were a clear sign that Petrino was not going anywhere in the near or distant future, a notion that Petrino put into words in his first talk with the media since the contract agreement was announced.
“This is the place I want to be,” Petrino said in post-practice remarks relayed by the Arkansas Democrat-Gazette. “I’m very happy here. I’m pleased with the dedication the university is making to all sports, but especially football.
“Next December we don’t want to hear names come up in conversations about other jobs coming open. Everyone understands this is where I want to be and this is the job I want.”
Those December conversations Petrino alluded to are obviously a reference to his name coming up in connection to vacancies at Florida and Miami.
Petrino’s new seven-year contract, which replaced the one he originally signed upon coming to the school in December of 2007, will be worth an average of $3.56 million annually. In three years with the Razorbacks, Petrino has compiled a 23-14 record.