Chad Morris buyout: Arkansas owes millions to former head coach
Coaching changes don’t come cheap.
Reports surfaced Sunday morning that Arkansas has fired Chad Morris. With the dismissal coming before Dec. 1, 2019, the Razorback Foundation is set to owe Morris just over $10 million not to coach, according to USA Today.
That’s not the only buyout still concerning the Razorbacks. UA recently made headlines for the Razorback Foundation’s decision to stop paying the buyout of Morris’ predecessor Bret Bielema. It’s no surprise that Bielema, currently on the New England Patriots staff, is reportedly fighting back to get his buyout payments. The controversy is over whether the Patriots can get away with paying a salary low enough (such as $50,000) that does not count against the buyout. It was reported that the Razorback Foundation stood to save $7 million by not paying Bielema.
If Arkansas hires away a current college head coach, the program will have to pay that coach’s buyout, adding to the expenses of the failed Morris experiment.