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Michael Casagrande | mcasagrande@al.com
Jeff Banks left Texas A&M for Alabama in January.
Texas A&M is moving forward with plans to sue an Alabama assistant football coach.
The first item on the agenda for the executive session of the Aug. 16 Texas A&M board of regents meeting gives authorization to "proceed with litigation against Jeff Banks for breach of employment contract."
Banks was the Aggies tight ends and special teams coordinator before leaving for Alabama in January. He was the interim head coach for A&M in the Belk Bowl after Kevin Sumlin was fired.
Banks' contract at Texas A&M required him to pay the full buyout if he left for another SEC school, The Eagle reported. He was set to be paid $375,000 a year in a contract running through March 2019.
The contract approved by Alabama in May stated UA would pay up to $457,448 to buyout his old contract at his previous employer. If the previous employer agreed to reduce the buyout payment up to $282,448, that money would go to Banks.
At Alabama, Banks is set to make $550,000 in the second and third years of his contract and $267,552 in Year 1.
Michael Casagrande | mcasagrande@al.com
Texas A&M set to sue Alabama football coach
Texas A&M is moving forward with plans to sue an Alabama assistant football coach.
The first item on the agenda for the executive session of the Aug. 16 Texas A&M board of regents meeting gives authorization to "proceed with litigation against Jeff Banks for breach of employment contract."
Banks was the Aggies tight ends and special teams coordinator before leaving for Alabama in January. He was the interim head coach for A&M in the Belk Bowl after Kevin Sumlin was fired.
Banks' contract at Texas A&M required him to pay the full buyout if he left for another SEC school, The Eagle reported. He was set to be paid $375,000 a year in a contract running through March 2019.
The contract approved by Alabama in May stated UA would pay up to $457,448 to buyout his old contract at his previous employer. If the previous employer agreed to reduce the buyout payment up to $282,448, that money would go to Banks.
At Alabama, Banks is set to make $550,000 in the second and third years of his contract and $267,552 in Year 1.
Michael Casagrande | mcasagrande@al.com
Texas A&M set to sue Alabama football coach