Published: Tue, December 12, 2017
Sport | By Billy Aguilar

Greg Schiano's Tennessee contract lacked key signatures

Greg Schiano's Tennessee contract lacked key signatures

Currie meant to pay Schiano $4.4 million in the first year of a six-year deal, giving him a built-in raise of $50,000 per year that brought the total to $27 million over the span of the contract, not including incentives. ESPN received a copy of the memorandum of understanding (MOU) on Monday.

At issue, if Schiano decides to sue, is whether the MOU represents a binding contract, and if Schiano would then be entitled to the 75 percent of the contract, or more than $20 million, that it awards him if he was indeed hired and then fired without cause. UT, according to 247's and other reports, doesn't think it owes Schiano anything, because the paperwork wasn't signed by the school's chancellor or chief financial officer. And Tom Satkowiak, a spokesperson for the UT athletic department and Sports Information Director for basketball, confirmed as much in the email that released the information on the MOU.

Since the memorandum was not fully signed, Tennessee will not have to pay Schiano anything.

New Tennessee coach and former Alabama defensive coordinator Jeremy Pruitt will earn a base salary of $275,000 and supplemental compensation that amounts to $3,525,000, according to a memorandum of understanding signed earlier this month by Pruitt, Tennessee athletics director Phillip Fulmer, Davenport and Miller. By the end of the day, when Schiano was supposed to have been formally introduced, Tennessee bailed.

Tennessee's attempted hiring of Greg Schiano in late November didn't happen because of an unprecedented burst of fan backlash.

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