Gerald Myers Response To IMG Regarding Leach

13 Feb

From KCBD:

GERALD MYERS STATEMENT REGARDING IMG’S PROPOSAL:

“This ‘so called’ proposal is simply an offer for us to guarantee that Coach Leach could never be fired.  It would cost us a maximum of $4.4 MILLION if we wanted to change coaches in the first year. It would cost Texas Tech millions in subsequent years of his five year contract.

“If Leach left Tech he would only pay Tech $500,000. Our proposal is a fair offer of $12.7 million for five years.  Both Leach and Texas Tech would pay the same annually decreasing buyout figures. Leach’s agents’ proposal is not fair. We will not even respond to such a proposal.”

Advertisements

Leave a Reply

Fill in your details below or click an icon to log in:

WordPress.com Logo

You are commenting using your WordPress.com account. Log Out / Change )

Twitter picture

You are commenting using your Twitter account. Log Out / Change )

Facebook photo

You are commenting using your Facebook account. Log Out / Change )

Google+ photo

You are commenting using your Google+ account. Log Out / Change )

Connecting to %s

%d bloggers like this: