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Billy D’s buyout to support former assistants

News Bot

News Bot
A portion of the buyout of Billy Donovan’s contract will go toward funding the buyouts of former assistant coaches Rashon Burno and John Pelphrey, who were terminated without cause.

Donovan paid back $500,000 on his contract at Florida to accept an NBA coaching job with the Oklahoma City Thunder. Per terms of Donovan’s contact, “such amount compensates (University Athletic) association for its costs and expenses associated with Coach’s termination of the agreement, including, without limitation, those associated with terminating assistant coaches without cause.”

It’s unclear this point whether Anthony Grant even signed an assistant coach’s contact, considering he was hired April 16, two weeks before left Donovan for Oklahoma City. Grant is joining Donovan as an assistant with the Thunder.

Per terms of their deals, both Burno and Pelphrey were entitled to 30 days pay beyond their termination date, provided they gave written notice and performed duties of their jobs to their date of termination. For Burno, that would amount to a prorated $11,500 of a $140,000 deal. For Pelphrey, that would amount to $32,500 of a $390,000 annual contract (Pelphrey also got a $150,000 signing bonus, which wouldn’t be prorated).

Burno has landed as an assistant coach at Nebraska, while Pelphrey, to this point, hasn’t found another job. Donovan endorsed Pelphrey for the head job at UF, but Florida athletic director Jeremy Foley hired Louisiana Tech’s Michael White instead. White brought all three of his assistants with him from Louisiana Tech — Dusty May, Darris Nichols and Jordan Mincy.


Source: GatorSports.com - Hoops Scoop
 

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