Let’s say Louisville were looking for a football coach following the 2018 season. Let’s say Jeff Brohm was the top candidate. Let’s say Vince Tyra wanted to offer the job to Brohm.
How much would it cost for Vince Tryra to buyout Brohm’s contract at Purdue?
The answer is $4.4 million.
According to Journal & Courier, Brohm’s buyout would be $4.4 million if he were to leave for another job before December 5th of this year.
BREAKING DOWN BROHM’S CONTRACT
Base salary/Supplement Stipend (guaranteed income)
2018: $3.8 million
2019: $3.9 million
2020: $4 million
2021: $4.1 million
2022: $4.3 million
2023: $4.4 million
2024: $4.5 million
Buyout if Brohm leaves before:
Dec. 5, 2018: $4.4 million
Dec. 5, 2019: $3.3 million
Dec. 5, 2020: $2.2 million
Dec. 5, 2021: $1.1 million
Dec. 31, 2024: $1 million
Note: Buyout would also include the remaining balance of an interest-free loan given to Brohm by Purdue to terminate his contract with Western Kentucky. The original $900,000 loan is reduced by $150,000 each year.
Purdue restructured Brohm’s contract last year following his impressive debut season in West Lafayette. The Boilermakers won seven games in 2017, which is five more than Vegas predicted heading into the season.
Brohm’s current contract is for seven years and is worth $29 million in guaranteed compensation.
As for Louisville, Vince Tryra would owe Bobby Petrino roughly $14 million if he decided to move on following the 2018 season.
Needless to say, buying out Bobby Petrino’s contract and hiring Jeff Brohm won’t be cheap.<