TerryP
Staff
This is one of the more interesting exit agreements I've seen.
Leonhard’s exit agreement with the school requires Wisconsin to pay him $1 million from March 2023 through January 2024, according to BadgersExtra.com. He’s also owed personal leave and vacation time. He had been earning $1.5 million as the team’s DC. The agreement also contains offset language, and that’s where things get interesting.
Generally speaking, offset clauses require a coach to actively seek employment in order to continue getting buyout money. However, that’s not the case with Jim Leonhard.
The former Wisconsin DC’s offset language leaves it to his “judgment regarding what is in the best interest of his family,” according to the same report. That means, in theory, Leonhard has no requirement at all to pursue any job while he collects his exit agreement checks.
Jim Leonhard's Exit Agreement Financial Details Released - outkick
The details of Jim Leonhard's exit agreement with Wisconsin have been released. How much money is he owed. Where will he coach next?
www.outkick.com