Mississippi State to Pay 50% of Arnett's Buyout Salary
Arnett's Contract Details Revealed
According to documents obtained by The Clarion-Ledger, Mississippi State University will be responsible for paying half of Zach Arnett's remaining $9 million salary as part of his buyout agreement. Arnett was hired as the Bulldogs' defensive coordinator on December 20, 2022, but was recently fired after just one season.
Details of Arnett's Contract
Arnett's contract with Mississippi State was for four years and was worth $3 million per season. However, the contract included escalators, which increased his salary to $3.3 million in 2023 and $3.6 million in 2024. Arnett was the lowest-paid coach in the Southeastern Conference (SEC) when he was signed.
Buyout Agreement
As part of Arnett's buyout agreement, Mississippi State is required to pay half of his remaining salary, which amounts to $4.5 million. This payment will be made in monthly installments over the next two years. The agreement also includes a non-disparagement clause, which prohibits Arnett from making negative public comments about Mississippi State.
Impact on Mississippi State
The buyout payment to Arnett will have a significant impact on Mississippi State's athletic budget. The university is already facing financial challenges, and the additional expense will only exacerbate those problems. It remains to be seen how Mississippi State will cover the cost of Arnett's buyout.
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